Company Valuation: GLOBALFOUNDRIES Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,554 29,374 33,524 23,714 19,404 24,562 - -
Change - -14.99% 14.13% -29.26% -18.17% 26.58% - -
Enterprise Value (EV) 1 33,628 29,533 33,509 22,134 17,505 23,424 22,162 20,804
Change - -12.18% 13.46% -33.94% -20.91% 33.81% -5.39% -6.13%
P/E -130x 20.6x 33.1x -89.4x 22x 34.4x 20.6x 14.6x
PBR 4.33x 3x 3.01x 2.21x 1.64x 2.04x 1.89x 1.81x
PEG - -0x -1.1x 1x -0x -1.9x 0.3x 0.4x
Capitalization / Revenue 5.25x 3.62x 4.54x 3.51x 2.86x 3.36x 2.98x 2.62x
EV / Revenue 5.11x 3.64x 4.53x 3.28x 2.58x 3.21x 2.69x 2.22x
EV / EBITDA 18.2x 9.56x 12.1x 8.94x 7.43x 9.82x 7.73x 6.12x
EV / EBIT 200x 20.5x 24.5x 24.1x 16.4x 18.7x 13.1x 9.22x
EV / FCF 31.3x -67.9x 104x 20x 15.1x 38.4x 25.5x 16.5x
FCF Yield 3.19% -1.47% 0.96% 5% 6.61% 2.6% 3.92% 6.07%
Dividend per Share 2 - - - - - 0.2011 0.3696 0.4388
Rate of return - - - - - 0.45% 0.83% 0.98%
EPS 2 -0.5 2.62 1.83 -0.48 1.59 1.3 2.172 3.06
Distribution rate - - - - - 15.5% 17% 14.3%
Net sales 1 6,585 8,108 7,392 6,750 6,791 7,307 8,239 9,378
EBITDA 1 1,848 3,088 2,763 2,475 2,357 2,386 2,867 3,400
EBIT 1 168 1,443 1,369 920 1,066 1,255 1,686 2,256
Net income 1 -254 1,446 1,018 -262 888 720.7 1,169 1,568
Net Debt 1 -926 159 -15 -1,580 -1,899 -1,138 -2,400 -3,758
Reference price 2 64.97 53.89 60.60 42.91 34.92 44.76 44.76 44.76
Nbr of stocks (in thousands) 531,846 545,073 553,199 552,655 555,682 548,751 - -
Announcement Date 2/8/22 A 2/14/23 A 2/13/24 A 2/11/25 A 2/11/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.01x10.63x30.72x0.43% 366B
68.53x9.93x52.97x0.13% 75.23B
68.88x20.21x88.15x0.12% 52.25B
35.67x9.38x24.35x0.49% 46.94B
34.52x10.94x23.05x1.16% 40.24B
73.02x22.03x83.73x0.14% 28.79B
34.42x3.21x9.82x0.45% 24.56B
81.8x15.98x77.36x0.3% 21.22B
77.55x20.63x73.22x0.18% 19.18B
Average 56.60x 13.66x 51.49x 0.38% 74.98B
Weighted average by Cap. 45.66x 11.90x 40.92x 0.4%

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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