How to buy GlobalFoundries stock (GFS)

Chipmaker GlobalFoundaries wrapped its initial public offering, raising $2.6 billion after selling 55 million shares at $47 each, the high end of its talked $42 to $47 range.

The offering gives the Malta, New York-based firm a $25 billion valuation.

Shares of GFS are set to commence trading on the Nasdaq later today.

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GlobalFoundries stock price (NASDAQ: GFS)

Use our graph to track the performance of GFS stocks over time.

GlobalFoundries shares at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	$41.30
52-week range	$35.85 - $62.61
50-day moving average more info button	$41.92
200-day moving average more info button	$46.81
Wall St. target price	$48.31
PE ratio more info button	32.1136
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$1.32

Is it a good time to buy GlobalFoundries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

GlobalFoundries price performance over time

Historical closes compared with the close of $42.39 from 2024-12-18

1 week (2024-12-13)	-3.40%
1 month (2024-11-21)	0.93%
3 months (2024-09-20)	7.56%
6 months (2024-06-20)	-16.90%

1 year (2023-12-20)	-26.96%
2 years (2022-12-20)	-26.39%
3 years (2021-12-20)	59.9
5 years (2019-12-17)	N/A

Is GlobalFoundries stock undervalued or overvalued?

Valuing GlobalFoundries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of GlobalFoundries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

GlobalFoundries's P/E ratio

GlobalFoundries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, GlobalFoundries shares trade at around 32x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, GlobalFoundries's P/E ratio is best considered in relation to those of others within the semiconductors industry or those of similar companies.

• Vishay Intertechnology (VSH.US): 28.03
• Microchip Technology (MCHP.US): 38.99
• United Microelectronics (UMC.US): 10.44

GlobalFoundries's PEG ratio

GlobalFoundries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6462. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into GlobalFoundries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider GlobalFoundries's PEG ratio in relation to those of similar companies.

• Vishay Intertechnology (VSH.US): 0.75
• Microchip Technology (MCHP.US): 6.94
• United Microelectronics (UMC.US): 1.38

GlobalFoundries's EBITDA

GlobalFoundries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.3 billion.

The EBITDA is a measure of a GlobalFoundries's overall financial performance and is widely used to measure a its profitability.

To put GlobalFoundries's EBITDA into context you can compare it against that of similar companies.

• Vishay Intertechnology (VSH.US): USD$377.7 million
• Microchip Technology (MCHP.US): USD$2 billion
• United Microelectronics (UMC.US): USD$95 billion

GlobalFoundries financials

Revenue TTM	$6.8 billion
Operating margin TTM	10.7%
Gross profit TTM	$2.2 billion
Return on assets TTM	2.87%
Return on equity TTM	6.65%
Profit margin	10.95%
Book value	$20.87
Market Capitalization more info button	$23.4 billion

TTM: trailing 12 months

GlobalFoundries share dividends

We're not expecting GlobalFoundries to pay a dividend over the next 12 months.

You may also wish to consider:

• Vishay Intertechnology (VSH.US) (2.3% forward annual dividend yield)
• Microchip Technology (MCHP.US) (3.24% forward annual dividend yield)
• United Microelectronics (UMC.US) (6.93% forward annual dividend yield)

GlobalFoundries share price volatility

Over the last 12 months, GlobalFoundries's shares have ranged in value from as little as $35.85 up to $62.61. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while GlobalFoundries's is 1.527. This would suggest that GlobalFoundries's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

To put GlobalFoundries's beta into context you can compare it against those of similar companies.

• Vishay Intertechnology (VSH.US): 1.1
• Microchip Technology (MCHP.US): 1.526
• United Microelectronics (UMC.US): 1.173

GlobalFoundries overview

GlobalFoundries Inc. , a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York. .

Frequently asked questions

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What percentage of GlobalFoundries is owned by institutions?
Currently 102.025% of GlobalFoundries shares are held by institutions. How many people work for GlobalFoundries?
Latest data suggests 12,000 work at GlobalFoundries. When does the fiscal year end for GlobalFoundries?
GlobalFoundries's fiscal year ends in December. Where is GlobalFoundries based?
GlobalFoundries's address is: 400 Stonebreak Road Extension, Malta, NY, United States, 12020 What is GlobalFoundries's ISIN number?
GlobalFoundries's international securities identification number is: KYG393871085