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 46,497 - -
Change - -28.3% 40.83% -50% 3.74% 98.57% - -
Enterprise Value (EV) 1 43,732 30,257 41,991 19,342 20,627 44,409 43,144 40,839
Change - -30.81% 38.78% -53.94% 6.64% 115.3% -2.85% -5.34%
P/E 22.8x 8.42x 11.2x 15.1x 146x 45.1x 20.2x 13.9x
PBR 4.86x 2.51x 2.82x 1.35x 1.36x 2.58x 2.31x 2.01x
PEG - 0.1x 1.74x -0.2x -1.6x 0x 0x 0.3x
Capitalization / Revenue 3.5x 1.99x 2.61x 1.7x 1.98x 3.22x 2.71x 2.42x
EV / Revenue 3.43x 1.88x 2.43x 1.46x 1.75x 3.08x 2.51x 2.12x
EV / EBITDA 12.6x 5.35x 6.8x 5.63x 8.58x 13.4x 9.28x 6.47x
EV / EBIT 18.1x 6.82x 9.11x 11.5x 37.4x 32.6x 16.3x 10.4x
EV / FCF 39x 19x 23.7x 67.2x 66.8x 68.5x 18.8x 11.5x
FCF Yield 2.56% 5.26% 4.22% 1.49% 1.5% 1.46% 5.31% 8.73%
Dividend per Share 2 0.24 0.24 0.24 0.36 0.36 0.3573 0.3712 0.3895
Rate of return 0.49% 0.68% 0.48% 1.43% 1.37% 0.69% 0.71% 0.75%
EPS 2 2.16 4.19 4.46 1.66 0.18 1.156 2.585 3.74
Distribution rate 11.1% 5.73% 5.38% 21.7% 200% 30.9% 14.4% 10.4%
Net sales 1 12,761 16,128 17,286 13,269 11,800 14,427 17,168 19,245
EBITDA 1 3,466 5,654 6,172 3,436 2,405 3,306 4,651 6,313
EBIT 1 2,421 4,439 4,611 1,676 551 1,362 2,642 3,932
Net income 1 2,000 3,960 4,211 1,557 166 1,128 2,383 3,418
Net Debt 1 -977 -1,801 -3,156 -3,231 -2,789 -2,088 -3,352 -5,658
Reference price 2 49.32 35.26 50.01 25.13 26.35 52.12 52.12 52.12
Nbr of stocks (in thousands) 906,449 909,136 902,747 898,175 888,746 892,104 - -
Announcement Date 1/27/22 A 1/26/23 A 1/25/24 A 1/30/25 A 1/29/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.96x13.04x19.77x0.33% 5,526B
23.01x11.3x15.32x1.09% 2,017B
37.92x15.98x23.47x0.74% 1,669B
14.42x8.82x10.63x0.05% 1,190B
106.34x19.26x73.19x-.--% 992B
5x3.21x3.88x0.21% 947B
-50.27x10.02x27.91x-.--% 610B
224.73x49.31x100.44x-.--% 303B
Average 48.01x 16.37x 34.33x 0.3% 1,657B
Weighted average by Cap. 30.28x 13.22x 23.82x 0.42%

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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