GlobalFoundries Inc. (GFS) vs ON Semiconductor Corporation (ON)

GlobalFoundries Inc. and ON Semiconductor Corporation are both Semiconductors companies. ON Semiconductor Corporation is the larger, with a market value of $24.5B against $20.0B — 1.2× the size. GlobalFoundries Inc. trades at the lower P/E: 28.2× against 36.6×. ON Semiconductor Corporation grew revenue faster over the last twelve months: 2.93% against 1.40%. ON Semiconductor Corporation has the higher net margin (10.8% vs 10.3%) and the higher return on invested capital (6.36% vs 4.51%). Across the 22 metrics below, GlobalFoundries Inc. leads on 11 and ON Semiconductor Corporation on 11.

Valuation

Metric GFS ON Semiconductors median
P/E 28.22 36.61 36.98
P/S 2.90 3.93 6.03
P/B 1.70 3.30 3.87
Price to free cash flow 28.32 15.10 43.80
EV/EBITDA 9.63 15.97 20.84
EV/Sales 2.80 3.95 5.07
Earnings yield 3.54% 2.73% 1.13%
Free cash flow yield 3.53% 6.62% 1.06%

Profitability

Metric GFS ON Semiconductors median
Gross margin 27.14% 38.68% 52.21%
Operating margin 11.59% 12.30% 5.47%
Net margin 10.32% 10.82% 4.26%
Free cash flow margin 13.07% 26.05% 5.02%
Return on equity 6.13% 8.89% 2.86%
Return on assets 4.25% 5.12% 2.03%
Return on invested capital 4.51% 6.36% 2.28%

Growth

Metric GFS ON Semiconductors median
Revenue growth (TTM) 1.40% 2.93% 17.60%
EPS growth (last fiscal year) 431.25% (92.01%) 27.66%
Revenue growth, 5-year CAGR 6.96% 2.67% 5.14%
Net income growth, 5-year CAGR 0.00% (12.37%) 0.00%

Health

Metric GFS ON Semiconductors median
Debt to equity 0.14 0.59 0.12
Current ratio 2.48 3.55 3.39
Net debt to EBITDA (0.68) 0.58 0.53

Dividend

Metric GFS ON Semiconductors median
Dividend yield 0.65% — 1.62%
Payout ratio 0.19 — 0.38

Size

Metric GFS ON Semiconductors median
Market cap 19.95b 24.53b 5.69b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack