STMicroelectronics is a multinational electronics and semiconductor manufacturer. The Company designs, develops, manufactures and markets a range of products, including discrete and standard commodity components, application-specific integrated circuits, full custom devices and semi-custom devices and application-specific standard products for analog, digital and mixed-signal applications. In addition, STMicroelectronics participates in the manufacturing value chain of Smartcard products, which include the production and sale of both silicon chips and Smartcards. Its reportable segments are as follows: Automotive and Discrete Group, comprised of all automotive dedicated ICs, both digital and analog, and discrete products; Analog and MEMS Group, comprised of low-power analog ICs, both general purpose and high-end, smart power products for industrial and power conversion, and micro-machinery activity and Microcontrollers and Digital ICs Group, comprised of general purpose and secure microcontrollers, EEPROM memories, and digital ICs outside of automotive.
Key People/Management at STMicroelectronics
Jean-Marc Chery
Orio Bellezza
Marco Cassis
Claude Dardanne
Lorenzo Grandi
Marco Monti
STMicroelectronics Office Locations
STMicroelectronics Financials and Metrics
STMicroelectronics Financials
| USD | |
|---|---|
Revenue (Q1, 2018) | 2.2 b |
Gross profit (Q1, 2018) | 888 m |
Gross profit margin (Q1, 2018), % | 39.9% |
Net income (Q1, 2018) | 241 m |
EBIT (Q1, 2018) | 269 m |
Market capitalization (14-Jun-2018) | 23.5 b |
Closing share price (14-Jun-2018) | 26.2 |
Cash (31-Mar-2018) | 1.8 b |
EV | 23.4 b |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2017 | Q1, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.7 b | 1.8 b | 1.8 b | 1.6 b | 1.7 b | 1.8 b | 1.8 b | 1.9 b | 2.1 b | 2.2 b |
Cost of goods sold | 1.1 b | 1.2 b | 1.2 b | 1.1 b | 1.1 b | 1.2 b | 1.1 b | 1.2 b | 1.3 b | 1.3 b |
Gross profit | 566 m | 595 m | 613 m | 538 m | 577 m | 643 m | 685 m | 736 m | 845 m | 888 m |
Gross profit Margin, % | 33% | 34% | 35% | 33% | 34% | 36% | 38% | 38% | 40% | 40% |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 2 b | 1.8 b | 1.6 b | 1.8 b |
Accounts Receivable | 911 m | 820 m | 939 m | 1.1 b |
Inventories | 1.3 b | 1.3 b | 1.2 b | 1.3 b |
Current Assets | 5.1 b | 4.7 b | 4.4 b | 5.1 b |
| USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2017 | Q1, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.9 b | 1.9 b | 1.9 b | 1.7 b | 1.7 b | 1.7 b | 1.6 b | 1.7 b | 2.2 b | 1.8 b |
Accounts Receivable | 971 m | 983 m | 989 m | 891 m | 886 m | 1 b | 946 m | 1 b | 1.1 b | 1 b |
Inventories | 1.2 b | 1.2 b | 1.3 b | 1.3 b | 1.3 b | 1.2 b | 1.2 b | 1.3 b | 1.3 b | 1.4 b |
Current Assets | 5 b | 5.1 b | 5.1 b | 4.7 b | 4.7 b | 4.7 b | 4.5 b | 4.7 b | 5.4 b | 5.2 b |
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | 110 m | 170 m | 810 m |
Depreciation and Amortization | 736 m | 696 m | 650 m |
Inventories | (39 m) | 63 m | (94 m) |
Accounts Payable | (46 m) | 68 m | 141 m |
| USD | Q1, 2016 | Q2, 2015 | Q3, 2015 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2017 | Q1, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (21 m) | 15 m | 107 m | (40 m) | (15 m) | 57 m | 109 m | 262 m | 499 m | 241 m |
Depreciation and Amortization | 175 m | 356 m | 542 m | 184 m | 363 m | 535 m | 154 m | 306 m | 471 m | 185 m |
Inventories | 18 m | (14 m) | (28 m) | (22 m) | (2 m) | 28 m | (22 m) | (48 m) | (89 m) | (84 m) |
Accounts Payable | 96 m | 147 m | 127 m | 96 m | 15 m | 73 m | 25 m | 76 m | 56 m | 3 m |
| USD | Y, 2018 |
|---|---|
EV/EBIT | 87.2 x |
EV/CFO | 51.5 x |
Financial Leverage | 1.7 x |
STMicroelectronics Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Atollic | December 12, 2017 | |
| bTendo | August 08, 2012 | |
| Genesis Microchip | December 11, 2007 | |
| Synad Technologies | December 18, 2003 | |
| Proton World International | April 01, 2003 | |
| Metaflow Technologies | May 29, 1997 | |
| CO.RI.M.ME | ||
| Electronic Holding S.A. | ||
| Faroudja | ||
| Faroudja Laboratories Inc. |
STMicroelectronics Revenue Breakdown
STMicroelectronics revenue breakdown by business segment: 31.7% from Microcontrollers and Digital ICs Group (MDG), 31.3% from Analog and MEMS Group (AMG), 36.6% from Automotive and Discrete Group (ADG) and 0.3% from Other
STMicroelectronics revenue breakdown by geographic segment: 5.5% from Japan, 53.2% from Singapore, 12.1% from USA, 26.6% from The Netherlands and 2.5% from Other
