A Business at a Glance
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STMICROELECTRONICS operates in the Semiconductors industry, Technology sector. Full business description from SEC filing not yet available.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 13.2B | 13.2B | 17.2B | 16.1B | 12.8B | 10.2B |
| Net Income | 2.0B | 2.0B | 4.0B | 4.3B | 1.7B | 696M |
| EPS | $2.19 | $2.19 | $4.38 | $4.74 | $1.85 | $0.76 |
| Free Cash Flow | 254M | 254M | 1.9B | 2.0B | 1.6B | 1.2B |
| ROIC | 9.0% | 7.0% | 22.9% | 28.9% | 19.4% | 10.7% |
| Gross Margin | 37.2% | 37.2% | 46.0% | 45.5% | 39.6% | 33.3% |
| Debt/Equity | 0.00 | 0.15 | 0.16 | 0.21 | 0.40 | 0.39 |
| Dividends/Share | $0.36 | $0.36 | $0.24 | $0.24 | $0.24 | $0.17 |
| Operating Income | 1.7B | 1.7B | 4.6B | 4.5B | 2.5B | 1.2B |
| Operating Margin | 12.8% | 12.8% | 26.7% | 28.1% | 19.2% | 12.1% |
| ROE | 10.8% | 11.1% | 25.9% | 37.5% | 19.2% | 8.4% |
| Shares Outstanding | 903M | 903M | 904M | 908M | 908M | 892M |
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 10.2B | 12.8B | 16.1B | 17.2B | 13.2B | 13.2B |
| Gross Margin | 33.3% | 39.6% | 45.5% | 46.0% | 37.2% | 37.2% |
| R&D | -1.3B | -1.4B | -1.5B | -1.8B | -1.7B | -1.7B |
| SG&A | -1.1B | -1.3B | -1.4B | -1.6B | -1.6B | -1.6B |
| EBIT | 1.2B | 2.5B | 4.5B | 4.6B | 1.7B | 1.7B |
| Op. Margin | 12.1% | 19.2% | 28.1% | 26.7% | 12.8% | 12.8% |
| Net Income | 696M | 1.7B | 4.3B | 4.0B | 2.0B | 2.0B |
| Net Margin | 6.8% | 13.5% | 26.8% | 23.1% | 15.0% | 15.0% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | ||||||
| ROIC | 10.7% | 19.4% | 28.9% | 22.9% | 7.0% | 9.0% |
| ROE | 8.4% | 19.2% | 37.5% | 25.9% | 11.1% | 10.8% |
| ROA | 4.5% | 10.8% | 23.1% | 17.2% | 7.8% | 7.7% |
| Cash Flow | ||||||
| Op. Cash Flow | 2.5B | 3.5B | 5.6B | 6.4B | 3.3B | 3.3B |
| Free Cash Flow | 1.2B | 1.6B | 2.0B | 1.9B | 254M | 254M |
| Owner Earnings | 1.0B | 1.9B | 3.9B | 4.3B | 1.1B | 1.1B |
| CapEx | 1.3B | 1.8B | 3.5B | 4.4B | 3.1B | 3.1B |
| Maint. CapEx | 1.3B | 1.3B | 1.5B | 1.9B | 2.1B | 2.1B |
| Growth CapEx | 21M | 481M | 2.0B | 2.6B | 1.0B | 1.0B |
| D&A | 1.3B | 1.3B | 1.5B | 1.9B | 2.1B | 2.1B |
| CapEx/OCF | 52.2% | 52.9% | 63.6% | 69.7% | 92.4% | 92.4% |
| Capital Allocation | ||||||
| Dividends Paid | 168M | 218M | 223M | 223M | 328M | 328M |
| Dividend Yield | 0.7% | 0.7% | 0.7% | 0.6% | 1.1% | 1.1% |
| Share Buybacks | 125M | 485M | 346M | 346M | 359M | 359M |
| Buyback Yield | 0.5% | 1.3% | 1.1% | 0.8% | 1.6% | 1.2% |
| Stock-Based Comp | 174M | 230M | 215M | 236M | 222M | 222M |
| Debt Repayment | 184M | 134M | 134M | 169M | 203M | 203M |
| Balance Sheet | ||||||
| Net Debt | 220M | 642M | -441M | -423M | 566M | -2.3B |
| Cash & Equiv. | 3.0B | 3.2B | 3.3B | 3.2B | 2.3B | 2.3B |
| Long-Term Debt | N/A | N/A | N/A | 1.2B | 1.2B | 1.2B |
| Debt/Equity | 0.39 | 0.40 | 0.21 | 0.16 | 0.15 | 0.00 |
| Interest Coverage | 2.3 | 5.6 | 108.0 | 13.7 | 10.3 | 10.3 |
| Equity | 8.3B | 9.6B | 13.5B | 17.2B | 18.4B | 18.4B |
| Total Assets | 15.3B | 16.4B | 21.0B | 25.4B | 25.8B | 25.8B |
| Total Liabilities | 7.0B | 6.8B | 7.5B | 8.2B | 7.3B | 7.3B |
| Intangibles | N/A | N/A | N/A | 1.5B | 1.5B | 1.5B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A |
| Working Capital | 3.9B | 4.9B | 5.2B | 6.2B | 7.2B | 7.2B |
| Current Assets | 7.7B | 7.8B | 9.8B | 11.9B | 11.7B | 11.7B |
| Current Liabilities | 3.8B | 3.0B | 4.7B | 5.7B | 4.5B | 4.5B |
| Per Share Data | ||||||
| EPS | 0.76 | 1.85 | 4.74 | 4.38 | 2.19 | 2.19 |
| Owner EPS | 1.15 | 2.07 | 4.25 | 4.72 | 1.18 | 1.18 |
| Book Value | 9.33 | 10.55 | 14.88 | 19.08 | 20.41 | 20.41 |
| Cash Flow/Share | 2.75 | 3.81 | 6.15 | 7.04 | 3.70 | 4.48 |
| Dividends/Share | 0.17 | 0.24 | 0.24 | 0.24 | 0.36 | 0.36 |
| Shares Out. | 892.3M | 908.5M | 907.5M | 903.6M | 903.2M | 903.2M |
| Valuation | ||||||
| P/E Ratio | 39.5 | 22.4 | 7.4 | 10.3 | 11.1 | 15.5 |
| P/FCF | 22.8 | 23.0 | 15.6 | 21.2 | 86.8 | 120.5 |
| EV/EBIT | 21.9 | 15.6 | 6.9 | 8.8 | 13.4 | 16.8 |
| Price/Book | 3.2 | 3.9 | 2.3 | 2.4 | 1.2 | 1.7 |
| Price/Sales | 2.6 | 2.9 | 2.0 | 2.4 | 1.7 | 2.3 |
| FCF Yield | 4.4% | 4.3% | 6.4% | 4.7% | 1.2% | 0.8% |
| Market Cap | 26.8B | 37.6B | 31.7B | 40.9B | 22.0B | 30.6B |
| Avg. Price | 25.43 | 35.00 | 36.15 | 42.85 | 33.20 | 33.88 |
| Year-End Price | 30.01 | 41.39 | 34.93 | 45.21 | 24.40 | 33.88 |
STMICROELECTRONICS passes 5 of 9 quality checks, suggesting mixed fundamentals.
STMICROELECTRONICS trades at 15.5x trailing earnings, compared to its 15-year median P/E of 11.1x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 120.5x vs a median of 22.8x. The company's 5-year average ROIC is 17.8% with a gross margin of 40.3%. Total shareholder yield (dividends + buybacks) is 2.2%. At current prices, the estimated annualized return to fair value is -11.2%.
STMICROELECTRONICS (STMMI-MI) has a current P/E ratio of 15.5, compared to its historical median P/E of 11.1. The stock is currently considered Fair based on its historical valuation range.
STMICROELECTRONICS (STMMI-MI) has a 5-year average return on invested capital (ROIC) of 17.8%. This indicates strong capital allocation and a potential competitive advantage.
STMICROELECTRONICS (STMMI-MI) has a market capitalization of $30.6B. It is classified as a large-cap stock.
Yes, STMICROELECTRONICS (STMMI-MI) pays a dividend with a trailing twelve-month yield of 1.07%. The company also returns capital through share buybacks, with a buyback yield of 1.17%.
Based on historical P/E analysis, STMICROELECTRONICS (STMMI-MI) appears fair. The current P/E of 15.5 is 39% above its historical median of 11.1. The estimated fair value CAGR (P/E method) is 31.0%.
STMICROELECTRONICS (STMMI-MI) operates in the Semiconductors industry, within the Technology sector.
STMICROELECTRONICS (STMMI-MI) reported annual revenue of $13.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
STMICROELECTRONICS (STMMI-MI) has a net profit margin of 15.0%. This is a healthy margin.
STMICROELECTRONICS (STMMI-MI) generated $254 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
STMICROELECTRONICS (STMMI-MI) has a debt-to-equity ratio of 0.15. This indicates a conservatively financed balance sheet.
STMICROELECTRONICS (STMMI-MI) reported earnings per share (EPS) of $2.19 in its most recent fiscal year.
STMICROELECTRONICS (STMMI-MI) has a return on equity (ROE) of 11.1%. This indicates moderate shareholder returns.
STMICROELECTRONICS (STMMI-MI) has a 5-year average gross margin of 40.3%. This indicates decent pricing power.
The Ledger Terminal provides 5 years of financial data for STMICROELECTRONICS (STMMI-MI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
STMICROELECTRONICS (STMMI-MI) has a book value per share of $20.41, based on its most recent annual SEC filing.