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 43,833 - -
Change - -28.3% 40.83% -50% 3.74% 87.19% - -
Enterprise Value (EV) 1 43,732 30,257 41,991 19,342 20,627 41,766 40,481 38,176
Change - -30.81% 38.78% -53.94% 6.64% 102.48% -3.08% -5.69%
P/E 22.8x 8.42x 11.2x 15.1x 146x 43.3x 19.4x 13.4x
PBR 4.86x 2.51x 2.82x 1.35x 1.36x 2.48x 2.22x 1.93x
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 3.04x 2.59x 2.28x
EV / Revenue 3.43x 1.88x 2.43x 1.46x 1.75x 2.9x 2.39x 1.98x
EV / EBITDA 12.6x 5.35x 6.8x 5.63x 8.58x 12.6x 8.7x 6.72x
EV / EBIT 18.1x 6.82x 9.11x 11.5x 37.4x 31.1x 15.3x 9.71x
EV / FCF 39x 19x 23.7x 67.2x 66.8x 48.5x 17.7x 10.7x
FCF Yield 2.56% 5.26% 4.22% 1.49% 1.5% 2.06% 5.66% 9.34%
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% 0.72% 0.74% 0.78%
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 49.96 49.96 49.96
Nbr of stocks (in thousands) 9,06,449 9,09,136 9,02,747 8,98,175 8,88,746 8,92,104 - -
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.($)
22.14x12.59x19.07x0.34% 5,33100Cr
22.4x10.99x14.89x1.13% 1,96700Cr
41.02x16.85x24.79x0.71% 1,76200Cr
13.19x8.01x9.68x0.06% 1,08300Cr
4.79x2.98x3.58x0.22% 89TCr
82.16x14.88x55.92x-.--% 77TCr
-38.8x7.83x21.77x-.--% 47TCr
192.49x41.98x85.59x-.--% 26TCr
Average 42.42x 14.51x 29.41x 0.31% 1,56600Cr
Weighted average by Cap. 27.73x 12.43x 21.04x 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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