Globalfoundries Inc Intrinsic Value Calculation – Nuveen Asset Management LLC Reduces Investment in GLOBALFOUNDRIES in 2023.
March 19, 2023
Trending News ☀️
Nuveen Asset Management LLC recently made a notable move by reducing its stake in GLOBALFOUNDRIES ($NASDAQ:GFS) Inc., a leading provider of advanced semiconductor manufacturing services. This decision was made in 2023, with Nuveen reducing its investment in the company by an undisclosed amount. The company has operations in Singapore, Germany and the United States, and is a major supplier to the automotive, aerospace, healthcare and industrial markets. Despite Nuveen’s reduction in its investment in GLOBALFOUNDRIES Inc., the company remains one of the leading providers of semiconductor manufacturing services in the world. Furthermore, its impressive track record of innovation and development suggests that it will continue to remain a key player in the industry for years to come.
In addition, the company recently announced that it is expanding its operations into China, highlighting its commitment to growth and global reach. The news of Nuveen Asset Management LLC reducing its investment in GLOBALFOUNDRIES Inc. has raised questions about the company’s future plans and performance. Despite these concerns, it is clear that GLOBALFOUNDRIES Inc. will continue to be a leader in the semiconductor manufacturing industry for the foreseeable future.
Share Price
So far, the media coverage of GLOBALFOUNDRIES Inc has been mostly positive. On Monday, the opening price for the stock was $63.9 and the closing price was $64.0; a decrease of 0.2% from last closing price of 64.2. This slight decline in stock value could be attributed to the reduction in investments by Nuveen Asset Management LLC. Nevertheless, GLOBALFOUNDRIES Inc still has a strong stock performance in the overall market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Globalfoundries Inc. More…
| Total Revenues | Net Income | Net Margin |
| 8.11k | 1.45k | 14.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Globalfoundries Inc. More…
| Operations | Investing | Financing |
| 2.62k | -4.06k | 842 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Globalfoundries Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.84k | 7.88k | 16.58 |
Key Ratios Snapshot
Some of the financial key ratios for Globalfoundries Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.7% | – | 19.6% |
| FCF Margin | ROE | ROA |
| -5.4% | 10.5% | 5.6% |
Analysis – Globalfoundries Inc Intrinsic Value Calculation
As GoodWhale, we have conducted an analysis of GLOBALFOUNDRIES INC‘s wellbeing. Our proprietary Valuation Line calculated the fair value of GLOBALFOUNDRIES INC share to be around $59.4. However, GLOBALFOUNDRIES INC stock is currently being traded at $64.0, which is a fair price that is overvalued by 7.7%. More…
Peers
With the technological advances in the semiconductor industry, the competition between foundries has become increasingly fierce. GLOBALFOUNDRIES Inc, a leading foundry company, has been locked in a battle with its competitors, Advanced Micro Devices Inc, Taiwan Semiconductor Manufacturing Co Ltd, and Intel Corp. In order to maintain its competitive edge, GLOBALFOUNDRIES has made significant investments in cutting-edge manufacturing technologies and has been aggressively expanding its production capacity.
– Advanced Micro Devices Inc ($NASDAQ:AMD)
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.
As of 2022, AMD has a market cap of $93.57 billion and a return on equity (ROE) of 4.13%. The company’s products are used in a variety of electronic devices, including personal computers, game consoles, and servers. AMD is a leading supplier of microprocessor technology for the PC market.
– Taiwan Semiconductor Manufacturing Co Ltd ($TWSE:2330)
Taiwan Semiconductor Manufacturing Co Ltd is a semiconductor foundry. The company has a market cap of 10.29T as of 2022 and a Return on Equity of 22.34%. Taiwan Semiconductor Manufacturing Co Ltd is the world’s largest dedicated semiconductor foundry and one of the largest fabless semiconductor companies. The company offers a comprehensive set of IC design enablement tools, libraries, IPs, design services, advanced packaging, test and yield optimization solutions to help customers accelerate time-to-market.
– Intel Corp ($NASDAQ:INTC)
Intel Corp. is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world’s largest and highest valued semiconductor chip manufacturer based on revenue and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactures motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.
The company’s market cap is $108.48B as of 2022 and has a return on equity of 19.16%. Intel Corp is a technology company that designs and manufactures computer processors and other components. The company is headquartered in Santa Clara, California, in the Silicon Valley.
Summary
Investment analysis of GLOBALFOUNDRIES Inc. in 2023 has been largely positive. Analysts point out that the company is well-positioned for future growth, with an expansive portfolio of innovative products, an experienced management team and a strong financial position. GLOBALFOUNDRIES Inc. has also established a presence in multiple countries, allowing them to tap into international markets and capitalize on global trends. They have also invested heavily in research and development and are constantly improving their products and services.
In terms of risks, investors should be aware of the potential impact of regulatory changes, economic volatility and geopolitical events on the company’s performance. Overall, GLOBALFOUNDRIES Inc. is expected to continue to do well in 2023, provided that current trends persist.
