As of April 4, 2025,
GlobalFoundries (GFS) has a P/E ratio of -83.33,
which is lower than its last
12-month average P/E of 21.84,
and a
current ratio of 2.11 with a debt/equity ratio of 0.21.
7 replies (most recent on top)
If the IPO entry price was over valued we would never get back to it. I feel that’s what happened here. Should hv sold at 70
hope you're being sarcastic 🤌
The real problem is there is zero vision to dig GF out of this hole. The company is basically doing nothing leading edge and even in older nodes continues to fall behind due to lack of investment in those nodes. GF is a textbook example of how not to run a company!! Reeder former CFO was smart to get out and go sell dog food instead!!
It’s very real and happened. If you remember the lead up to it. All this excitement and propaganda but not one mention of the risks. He-l the actual roll out with Morgan Stanley messed up and foreign sites were left scrambling. It was a huge poorly done mess. But they key thing missing was there was risk involved and you could potentially loose money on such deals. And many did. Majority now if they held on. It wasn’t a con in traditional sense but rather a misleading or neglecting to tell whole story.
How can you lose money on a initial offering. I’m skeptical of that statement. No company would con their own employees like that. At the very least be honest. That is all we ask.
So many folks lost a lot a money on the intial offering few years back
Unprofitable, everyone paying attention knew this.
unless you have RSU you're basically giving money to charity.