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 45,210 - -
Change - -28.3% 40.83% -50% 3.74% 93.07% - -
Enterprise Value (EV) 1 43,732 30,257 41,991 19,342 20,627 43,143 41,858 39,553
Change - -30.81% 38.78% -53.94% 6.64% 109.16% -2.98% -5.51%
P/E 22.8x 8.42x 11.2x 15.1x 146x 43.9x 19.6x 13.6x
PBR 4.86x 2.51x 2.82x 1.35x 1.36x 2.51x 2.25x 1.96x
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 3.14x 2.67x 2.35x
EV / Revenue 3.43x 1.88x 2.43x 1.46x 1.75x 2.99x 2.47x 2.05x
EV / EBITDA 12.6x 5.35x 6.8x 5.63x 8.58x 13.1x 9x 6.96x
EV / EBIT 18.1x 6.82x 9.11x 11.5x 37.4x 32.2x 15.8x 10.1x
EV / FCF 39x 19x 23.7x 67.2x 66.8x 50.1x 18.3x 11.1x
FCF Yield 2.56% 5.26% 4.22% 1.49% 1.5% 2% 5.48% 9.01%
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% 0.7% 0.73% 0.77%
EPS 2 2.16 4.19 4.46 1.66 0.18 1.155 2.581 3.731
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 14,420 16,932 19,252
EBITDA 1 3,466 5,654 6,172 3,436 2,405 3,302 4,651 5,680
EBIT 1 2,421 4,439 4,611 1,676 551 1,341 2,642 3,932
Net income 1 2,000 3,960 4,211 1,557 166 1,079 2,251 3,072
Net Debt 1 -977 -1,801 -3,156 -3,231 -2,789 -2,067 -3,352 -5,658
Reference price 2 49.32 35.26 50.01 25.13 26.35 50.68 50.68 50.68
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.($)
22.51x12.81x19.39x0.33% 5,419B
22.21x10.89x14.76x1.14% 1,947B
40.67x16.73x24.59x0.71% 1,747B
13.16x7.99x9.65x0.06% 1,080B
4.61x2.85x3.43x0.23% 866B
79.77x14.44x54.28x-.--% 746B
-39.03x7.87x21.89x-.--% 473B
186.88x40.73x83.05x-.--% 251B
Average 41.35x 14.29x 28.88x 0.31% 1,566B
Weighted average by Cap. 27.33x 12.42x 20.90x 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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