# STMicroelectronics N.V. (STM) — Stock CV

STMicroelectronics N.V. is a $46.6B technology company. Revenue shrank 11.1% over the last year, it keeps 1¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 585.2× earnings.

> A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconducteurs in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors.

## Identity

- **Ticker**: STM
- **Sector**: Technology
- **Industry**: Semiconductors
- **Employees**: 49 157
- **Website**: https://www.st.com
- **Market cap**: $46.6B
- **Last price**: $52.00
- **Financial profile**: Strong

## Vitals (FY2025)

- **Revenue**: $11.8B
- **Net income**: $166M
- **Free cash flow**: $309M
- **Net cash**: $1.80B
- **P/E**: 585.2
- **Revenue growth (YoY)**: -11.1%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 37 |
| Growth | 25 |
| Profitability | 21 |
| Health | 93 |
| Quality | 67 |
| Moat | 56 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [ ] Revenue growing — -11.1% YoY
- [x] Profitable — $166M FY2025
- [ ] Profit growing — -58.7% YoY
- [x] Generates cash — $309M FY2025
- [x] Debt under control — more cash than debt
- [x] Established company — $46.6B market cap
- [x] Not printing shares — -1.3% shares over ~5y
- [x] Proven track record — 5/5 profitable years
- [x] Financially stable — Altman Z 4.6 — safe
- [x] Pays a dividend — yield 0.65%
- [ ] Valuation not extreme — P/E 585.2

## Experience (career milestones)

- **2025** — ST launched a new chip co-developed this chip with Amazon Web Services (AWS) for the AI data centre sector
- **FY2023** — Best year on record: $4.21B net income
- **FY2021** — Profitable every year on record: 5 consecutive profitable years in our data
- **FY2021** — Revenue already above $10B: $12.8B in first reported year
- **2001** — ST became the third largest chipmaker (in terms of sales) behind Intel and Toshiba and had operations…
- **2000** — It purchased the semiconductor activities of the Canadian telecoms firm Nortel
- **1999** — It acquired the research & development company UK-based VLSI-Vision CMOS Image Sensor
- **1994** — The company completed its initial public offering on the Paris and New York stock exchanges
- **1989** — Between 1989 and 2000, it acquired numerous other companies
- **1987** — ST was founded in 1987 from the merger of two state-owned semiconductor corporations, SGS Microelettronica of Italy…
- **1987** — ST was formed in 1987 by the merger of two government-owned semiconductor companies: Italian SGS Microelettronica…
- **1982** — Thomson Semiconducteurs was created in 1982 by the French government's widespread nationalization of industries…
- **1972** — SGS Microelettronica originated in 1972 from the merger of two companies (the L'Aquila-based vacuum tube and…

## Strengths

- Net cash position after subtracting debt from cash
- Interest covered 5.4× by operating earnings
- Altman Z-Score 4.63 — low bankruptcy-risk zone

## Watch-outs

- Revenue shrinking 11.1% year over year

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $12.8B | $2.00B | $1.65B |
| FY2022 | $16.1B | $3.96B | $1.55B |
| FY2023 | $17.3B | $4.21B | -$123M |
| FY2024 | $13.3B | $1.56B | $41.0M |
| FY2025 | $11.8B | $166M | $309M |

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