Is Globalfoundries Stock a Good Investment?
Globalfoundries Investment Advice | GFS |
- Examine Globalfoundries' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Globalfoundries' leadership team and their track record. Good management can help Globalfoundries navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Globalfoundries' business and its evolving consumer preferences.
- Compare Globalfoundries' performance and market position to its competitors. Analyze how Globalfoundries is positioned in terms of product offerings, innovation, and market share.
- Check if Globalfoundries pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Globalfoundries' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Globalfoundries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Globalfoundries is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Globalfoundries Stock
Researching Globalfoundries' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 100.0% of the company shares are owned by institutional investors. The book value of Globalfoundries was currently reported as 20.26. The company has Price/Earnings To Growth (PEG) ratio of 1.49. Globalfoundries had not issued any dividends in recent years.
To determine if Globalfoundries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Globalfoundries' research are outlined below:
| Globalfoundries generated a negative expected return over the last 90 days | |
| Globalfoundries has a strong financial position based on the latest SEC filings | |
| Latest headline from simplywall.st: What Is GLOBALFOUNDRIES Inc.s Share Price Doing |
Globalfoundries Quarterly Cost Of Revenue |
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Globalfoundries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Globalfoundries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Globalfoundries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Globalfoundries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Globalfoundries' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-13 | 2023-12-31 | 0.58 | 0.64 | 0.06 | 10 | ||
2023-11-07 | 2023-09-30 | 0.49 | 0.55 | 0.06 | 12 | ||
2022-02-08 | 2021-12-31 | 0.11 | 0.18 | 0.07 | 63 | ||
2021-11-30 | 2021-09-30 | -0.0037 | 0.07 | 0.0737 | 1991 | ||
2024-05-07 | 2024-03-31 | 0.23 | 0.31 | 0.08 | 34 | ||
2022-08-09 | 2022-06-30 | 0.45 | 0.58 | 0.13 | 28 | ||
2022-05-10 | 2022-03-31 | 0.23 | 0.42 | 0.19 | 82 | ||
2023-02-14 | 2022-12-31 | 1.18 | 1.44 | 0.26 | 22 |
Know Globalfoundries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Globalfoundries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Globalfoundries backward and forwards among themselves. Globalfoundries' institutional investor refers to the entity that pools money to purchase Globalfoundries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corporation | 2023-12-31 | 1.1 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 979 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 960.1 K | Citadel Advisors Llc | 2023-09-30 | 936.8 K | Jane Street Group, Llc | 2023-12-31 | 809.8 K | Geode Capital Management, Llc | 2023-12-31 | 776.1 K | American Century Companies Inc | 2023-12-31 | 652.3 K | D. E. Shaw & Co Lp | 2023-09-30 | 605.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 536.1 K | Mubadala Investment Company Pjsc | 2023-12-31 | 469.5 M | Fmr Inc | 2023-12-31 | 34.9 M |
Globalfoundries' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 27.08 B.Market Cap |
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Globalfoundries' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.09 | 0.10 |
Determining Globalfoundries' profitability involves analyzing its financial statements and using various financial metrics to determine if Globalfoundries is a good buy. For example, gross profit margin measures Globalfoundries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Globalfoundries' profitability and make more informed investment decisions.
The data published in Globalfoundries' official financial statements typically reflect Globalfoundries' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Globalfoundries' quantitative information. For example, before you start analyzing numbers published by Globalfoundries accountants, it’s essential to understand Globalfoundries' liquidity, profitability, and earnings quality within the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the imprecision that can be found in Globalfoundries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globalfoundries. Check Globalfoundries' Beneish M Score to see the likelihood of Globalfoundries' management manipulating its earnings.
Evaluate Globalfoundries' management efficiency
Globalfoundries has Return on Asset of 0.0363 % which means that on every $100 spent on assets, it made $0.0363 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0831 %, implying that it generated $0.0831 on every 100 dollars invested. Globalfoundries' management efficiency ratios could be used to measure how well Globalfoundries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.06 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, Globalfoundries' Non Current Assets Total are comparatively stable compared to the past year. Return On Tangible Assets is likely to gain to 0.06 in 2024, whereas Net Tangible Assets are likely to drop slightly above 8.8 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 20.12 | 11.28 | |
| Tangible Book Value Per Share | 19.49 | 10.79 | |
| Enterprise Value Over EBITDA | 12.61 | 11.98 | |
| Price Book Value Ratio | 3.01 | 4.77 | |
| Enterprise Value Multiple | 12.61 | 11.98 | |
| Price Fair Value | 3.01 | 4.77 | |
| Enterprise Value | 36.7 B | 44.5 B |
The analysis of Globalfoundries' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Globalfoundries' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Globalfoundries Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.57 |
Basic technical analysis of Globalfoundries Stock
As of the 7th of June, Globalfoundries retains the Market Risk Adjusted Performance of (0.06), risk adjusted performance of (0.02), and Standard Deviation of 2.27. Globalfoundries technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Globalfoundries information ratio and skewness to decide if Globalfoundries is priced fairly, providing market reflects its last-minute price of 47.93 per share. Given that Globalfoundries has information ratio of (0.06), we strongly advise you to confirm Globalfoundries's regular market performance to make sure the company can sustain itself at a future point.Understand Globalfoundries' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Globalfoundries' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.63 | |||
| Coefficient Of Variation | (1,985) | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.15 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 15.65 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.01 | |||
| Skewness | (0.38) | |||
| Kurtosis | 3.05 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.63 | |||
| Coefficient Of Variation | (1,985) | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.15 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 15.65 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.01 | |||
| Skewness | (0.38) | |||
| Kurtosis | 3.05 |
Consider Globalfoundries' intraday indicators
Globalfoundries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Globalfoundries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 39918.89 | |||
| Daily Balance Of Power | (0.89) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 48.51 | |||
| Day Typical Price | 48.31 | |||
| Price Action Indicator | (1.16) | |||
| Period Momentum Indicator | (1.17) |
Globalfoundries Corporate Filings
| 29th of May 2024 Other Reports | ViewVerify | |
6K | 28th of May 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 24th of May 2024 Other Reports | ViewVerify | |
| 22nd of May 2024 Other Reports | ViewVerify |
Globalfoundries Stock media impact
Far too much social signal, news, headlines, and media speculation about Globalfoundries that are available to investors today. That information is available publicly through Globalfoundries media outlets and privately through word of mouth or via Globalfoundries internal channels. However, regardless of the origin, that massive amount of Globalfoundries data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Globalfoundries news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Globalfoundries relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Globalfoundries' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Globalfoundries alpha.
Globalfoundries Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Globalfoundries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Globalfoundries Historical Investor Sentiment
Investor biases related to Globalfoundries' public news can be used to forecast risks associated with an investment in Globalfoundries. The trend in average sentiment can be used to explain how an investor holding Globalfoundries can time the market purely based on public headlines and social activities around Globalfoundries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globalfoundries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globalfoundries and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Globalfoundries news discussions. The higher the estimate score, the more favorable the investor's outlook on Globalfoundries.
Globalfoundries Maximum Pain Price across 2024-06-21 Option Contracts
Globalfoundries' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Globalfoundries close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Globalfoundries' options.
Globalfoundries Corporate Management
| Brad Clay | Chief Officer | Profile | |
| Thomas Weber | VP Chain | Profile | |
| Laurie Kelly | Chief Officer | Profile | |
| David Reeder | CFO Fin | Profile | |
| Kay Ang | Chief Officer | Profile | |
| Pradheepa Raman | Chief Officer | Profile | |
| Sam Franklin | Vice Relations | Profile |
Additional Tools for Globalfoundries Stock Analysis
When running Globalfoundries' price analysis, check to measure Globalfoundries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.