Company Valuation: STMicroelectronics N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,709 32,058 45,147 22,573 23,416 64,538 - -
Change - -28.3% 40.83% -50% 3.74% 175.61% - -
Enterprise Value (EV) 1 43,732 30,257 41,991 19,342 20,627 62,472 59,958 58,825
Change - -30.81% 38.78% -53.94% 6.64% 202.86% -4.02% -1.89%
P/E 22.8x 8.42x 11.2x 15.1x 146x 62.6x 28.3x 19.8x
PBR 4.86x 2.51x 2.82x 1.35x 1.36x 3.56x 3.21x 2.79x
PEG - 0.1x 1.74x -0.2x -1.6x 0x 0x 0.5x
Capitalization / Revenue 3.5x 1.99x 2.61x 1.7x 1.98x 4.5x 3.94x 3.5x
EV / Revenue 3.43x 1.88x 2.43x 1.46x 1.75x 4.36x 3.66x 3.19x
EV / EBITDA 12.6x 5.35x 6.8x 5.63x 8.58x 18.9x 12.6x 10.6x
EV / EBIT 18.1x 6.82x 9.11x 11.5x 37.4x 46.4x 23.2x 16x
EV / FCF 39x 19x 23.7x 67.2x 66.8x 68.2x 25.8x 24.1x
FCF Yield 2.56% 5.26% 4.22% 1.49% 1.5% 1.47% 3.88% 4.16%
Dividend per Share 2 0.24 0.24 0.24 0.36 0.36 0.3681 0.3793 0.4
Rate of return 0.49% 0.68% 0.48% 1.43% 1.37% 0.51% 0.52% 0.55%
EPS 2 2.16 4.19 4.46 1.66 0.18 1.159 2.57 3.663
Distribution rate 11.1% 5.73% 5.38% 21.7% 200% 31.8% 14.8% 10.9%
Net sales 1 12,761 16,128 17,286 13,269 11,800 14,342 16,368 18,414
EBITDA 1 3,466 5,654 6,172 3,436 2,405 3,299 4,776 5,529
EBIT 1 2,421 4,439 4,611 1,676 551 1,346 2,587 3,676
Net income 1 2,000 3,960 4,211 1,557 166 1,090 2,193 3,213
Net Debt 1 -977 -1,801 -3,156 -3,231 -2,789 -2,066 -4,580 -5,713
Reference price 2 49.32 35.26 50.01 25.13 26.35 72.61 72.61 72.61
Nbr of stocks (in thousands) 906,449 909,136 902,747 898,175 888,746 888,794 - -
Announcement Date 27/1/22 26/1/23 25/1/24 30/1/25 29/1/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.56x11.5x17.13x0.39% 4,663B
23.71x11.18x15.23x1.06% 1,904B
40.24x16.61x24.45x0.72% 1,737B
15.56x9.54x11.54x0.05% 1,279B
8.52x4.95x5.97x0.21% 1,235B
97.09x16.94x63.52x-.--% 850B
-370.18x11.2x33.34x-.--% 645B
274.32x59x125.09x-.--% 357B
9.6x5.01x6.15x1.04% 311B
Average 13.27x 16.21x 33.60x 0.38% 1,442B
Weighted average by Cap. 14.34x 12.81x 22.77x 0.44%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  5. Valuation STMicroelectronics N.V.