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 50,544 - -
Change - -28.3% 40.83% -50% 3.74% 115.85% - -
Enterprise Value (EV) 1 43,732 30,257 41,991 19,342 20,627 48,475 47,192 44,887
Change - -30.81% 38.78% -53.94% 6.64% 135.01% -2.65% -4.88%
P/E 22.8x 8.42x 11.2x 15.1x 146x 49x 21.9x 15.1x
PBR 4.86x 2.51x 2.82x 1.35x 1.36x 2.8x 2.51x 2.18x
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 3.5x 2.99x 2.63x
EV / Revenue 3.43x 1.88x 2.43x 1.46x 1.75x 3.36x 2.79x 2.33x
EV / EBITDA 12.6x 5.35x 6.8x 5.63x 8.58x 14.6x 9.47x 7.1x
EV / EBIT 18.1x 6.82x 9.11x 11.5x 37.4x 35.6x 17.9x 11.4x
EV / FCF 39x 19x 23.7x 67.2x 66.8x 56.1x 31.6x 15.8x
FCF Yield 2.56% 5.26% 4.22% 1.49% 1.5% 1.78% 3.17% 6.34%
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% 0.63% 0.66% 0.69%
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 14,430 16,932 19,252
EBITDA 1 3,466 5,654 6,172 3,436 2,405 3,310 4,981 6,320
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 2,251 3,072
Net Debt 1 -977 -1,801 -3,156 -3,231 -2,789 -2,069 -3,352 -5,658
Reference price 2 49.32 35.26 50.01 25.13 26.35 56.66 56.66 56.66
Nbr of stocks (in thousands) 906,449 909,136 902,747 898,175 888,746 892,104 - -
Announcement Date 27/01/22 26/01/23 25/01/24 30/01/25 29/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
49.03x3.36x14.64x0.63% 50.54B
23.43x13.34x20.12x0.32% 5,649B
23.23x11.42x15.48x1.08% 2,035B
38.4x16.23x23.84x0.73% 1,695B
14.63x8.98x10.8x0.05% 1,214B
110.59x20.07x76.37x-.--% 1,035B
5.22x3.39x4.09x0.19% 996B
-51.7x10.3x28.67x-.--% 627B
243.9x53.58x109.14x-.--% 328B
Average 50.75x 15.63x 33.68x 0.33% 1,515B
Weighted average by Cap. 31.72x 13.60x 24.67x 0.41%

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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