STMicroelectronics Fixed Asset Turnover from 2010 to 2024

STM Stock  USD 26.12  0.62  2.43%   
STMicroelectronics Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to drop to 1.54. During the period from 2010 to 2024, STMicroelectronics Fixed Asset Turnover quarterly data regression pattern had sample variance of  0.23 and median of  2.44. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.63786242
Current Value
1.54
Quarterly Volatility
0.48333779
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check STMicroelectronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STMicroelectronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Total Revenue of 9.3 B or Gross Profit of 8.7 B, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0047 or PTB Ratio of 2.86. STMicroelectronics financial statements analysis is a perfect complement when working with STMicroelectronics Valuation or Volatility modules.
  
Check out the analysis of STMicroelectronics Correlation against competitors.

Latest STMicroelectronics' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of STMicroelectronics NV ADR over the last few years. It is STMicroelectronics' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in STMicroelectronics' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

STMicroelectronics Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.33
Geometric Mean2.27
Coefficient Of Variation20.79
Mean Deviation0.39
Median2.44
Standard Deviation0.48
Sample Variance0.23
Range1.5023
R-Value(0.41)
Mean Square Error0.21
R-Squared0.17
Significance0.12
Slope(0.04)
Total Sum of Squares3.27

STMicroelectronics Fixed Asset Turnover History

2024 1.54
2023 1.64
2022 1.95
2021 2.21
2020 2.14
2019 2.38
2018 2.6

About STMicroelectronics Financial Statements

STMicroelectronics investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how STMicroelectronics Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.64  1.54 

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When determining whether STMicroelectronics NV ADR is a strong investment it is important to analyze STMicroelectronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact STMicroelectronics' future performance. For an informed investment choice regarding STMicroelectronics Stock, refer to the following important reports:
Check out the analysis of STMicroelectronics Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of STMicroelectronics. If investors know STMicroelectronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about STMicroelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Dividend Share
0.36
Earnings Share
2.43
Revenue Per Share
15.77
Quarterly Revenue Growth
(0.27)
The market value of STMicroelectronics NV ADR is measured differently than its book value, which is the value of STMicroelectronics that is recorded on the company's balance sheet. Investors also form their own opinion of STMicroelectronics' value that differs from its market value or its book value, called intrinsic value, which is STMicroelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because STMicroelectronics' market value can be influenced by many factors that don't directly affect STMicroelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between STMicroelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if STMicroelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STMicroelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.