# GlobalFoundries Inc. (GFS) — Stock CV

GlobalFoundries Inc. is a $26.9B technology company. Revenue grew 0.6% over the last year, it keeps 13¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 37.0× earnings.

> GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009.

## Identity

- **Ticker**: GFS
- **Sector**: Technology
- **Industry**: Semiconductors
- **Employees**: 14 000
- **Website**: https://www.gf.com
- **Market cap**: $26.9B
- **Last price**: $48.16
- **Financial profile**: Strong

## Vitals (FY2025)

- **Revenue**: $6.79B
- **Net income**: $885M
- **Free cash flow**: $796M
- **Net cash**: $679M
- **P/E**: 37.0
- **Revenue growth (YoY)**: 0.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 45 |
| Growth | 31 |
| Profitability | 42 |
| Health | 93 |
| Quality | 92 |
| Moat | 29 |

## Qualifications (beginner checklist) — 8 of 10 passed

- [x] Revenue growing — +0.6% YoY
- [x] Profitable — $885M FY2025
- [ ] Profit growing — -15.4% YoY
- [x] Generates cash — $796M FY2025
- [x] Debt under control — more cash than debt
- [x] Established company — $26.9B market cap
- [x] Not printing shares — +0.2% shares over ~5y
- [ ] Proven track record — 3/5 profitable years
- [x] Financially stable — Altman Z 2.9 — grey
- [x] Valuation not extreme — P/E 37.0

## Experience (career milestones)

- **2026** — It was announced that GlobalFoundries had agreed to acquire Synopsys’ ARC Processor IP Solutions…
- **2025** — GlobalFoundries acquired MIPS Technologies, a developer of RISC-V and AI processor IP
- **Jul 1, 2024** — GlobalFoundries acquired Tagore Technology's proprietary and production-proven Gallium Nitride…
- **2023** — GlobalFoundries signed a deal to become the exclusive provider of US-produced semiconductor chips…
- **FY2022** — Turned profitable: $1.45B net income after a loss year
- **FY2022** — Best year on record: $1.45B net income
- **FY2021** — Revenue already above $1B: $6.58B in first reported year
- **2020** — GlobalFoundries announced that its embedded magnetoresistive non-volatile memory (eMRAM) entered…
- **2018** — GlobalFoundries developed the 12 nm 12LP node based on Samsung's 14 nm 14LPP process
- **Sep 6, 2009** — The majority investor of GlobalFoundries, Abu Dhabi's Advanced Technology Investment Co., announced on September 6, 2009
- **2009** — Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by…

## Strengths

- Net cash position after subtracting debt from cash
- Interest covered 29.4× by operating earnings
- Piotroski F-Score 8/9 — fundamentally strong checklist

## Watch-outs

- Loss-making in 2 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $6.58B | -$250M | -$435M |
| FY2022 | $8.11B | $1.45B | $321M |
| FY2023 | $7.39B | $1.02B | $1.10B |
| FY2024 | $6.75B | -$265M | $1.01B |
| FY2025 | $6.79B | $885M | $796M |

---

Source: https://stockcv.com/GFS — derived from company filings; may be delayed or incomplete. Information, not investment advice.