DLB vs GFS Stock Comparison

Dolby Laboratories and Globalfoundries Prices as of Oct 27, 2026 Peers: Industry group
DLB Dolby Laboratories, Inc.
$62.74 +7.0% 1M -7.2% 1Y
Market cap
$5.91B
P/E
26.1x
Revenue (TTM)
$1.35B
Div. yield
2.30%
Semiconductor EDA Software Technology
6 wins
GFS GLOBALFOUNDRIES Inc.
$46.70 -4.7% 1M +31.8% 1Y
Market cap
$25.96B
P/E
36.2x
Revenue (TTM)
$6.94B
Div. yield
0.51%
Semiconductor Manufacturing Technology
4 wins

Head to Head

10 decided of 12

Dolby Laboratories leads on 6 of the 12 questions below (Dolby Laboratories 6, Globalfoundries 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDLBGFSLeader
Larger companyMarket capitalisation $5.91B $25.96B GFS
Cheaper on earningsLower P/E, profitable companies only 26.1x 36.2x DLB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.0x 25.7x DLB
Faster revenue growthRevenue growth, trailing twelve months +0.6% +1.4% GFS
More profitableNet margin, trailing twelve months 16.7% 10.3% DLB
Better return on capitalReturn on invested capital — 5.1% –
Less leveragedLower net debt / EBITDA — -0.6x –
Higher dividend yieldTrailing dividend yield 2.30% 0.51% DLB
Better 1-year returnPrice return, last 12 months -7.2% +31.8% GFS
Better 5-year returnAnnualised price return, 5 years -6.4%/yr +0.1%/yr GFS
Less volatileAnnualised volatility, 1 year 30.2% 60.3% DLB
Higher overall scoreMean of the five percentile scores vs peers 66/100 61/100 DLB

Percentile Scorecard

DLBGFS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDLBGFS
Valuation 87 #13 of 94 94 #7 of 94
Growth 25 #69 of 92 37 #58 of 92
Profitability 72 #26 of 90 57 #39 of 90
Financial Health 60 #40 of 99 45 #55 of 99
Shareholder Returns 85 #12 of 73 72 #21 of 73
Overall 66 61
  • DLB ranked among 103 companies in Semiconductors
  • GFS ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDLBGFSSPY
1 month +7.0%-4.7% -0.2%
3 months +19.5%-4.7% +3.9%
6 months -0.3%-21.5% +8.2%
Year to date -2.3%+33.7% +12.9%
1 year -7.2%+31.8% +12.3%
3 years -20.2%-10.2% +87.4%
3 years, per year -7.3%-3.5% +23.3%
5 years -28.2%+0.6% +67.9%
5 years, per year -6.4%+0.1% +10.9%
10 years +29.9%— +261.1%
10 years, per year +2.7%— +13.7%

Risk

MeasureDLBGFSSPY
Volatility, 1Y 30.2%60.3% 12.7%
Downside volatility, 1Y 31.5%59.8% 12.7%
Beta vs S&P 500, 1Y 0.542.18 1.00
Return / volatility, 1Y -0.240.53 0.97
Max drawdown, 5Y -49.6%-61.5% -25.4%
From 52-week high -9.2%-48.1% -1.2%
52-week high $69.09$89.96 $779.14
52-week low $48.50$32.24 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDLBGFS
P/E now vs peer median 26.1xmedian 45.6x 36.2xmedian 45.6x
P/S now vs peer median 4.4xmedian 7.7x 3.7xmedian 7.7x
EV/EBITDA now vs peer median 15.8xmedian 29.0x 12.1xmedian 29.0x
P/FCF now vs peer median 15.1xmedian 40.6x 32.6xmedian 40.6x
P/B now vs peer median 2.3xmedian 4.6x 2.2xmedian 4.6x
PEG now vs peer median 12.55median 2.28 -1.64median 2.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDLBGFS
Revenue $1.35B $6.94B
Gross profit $1.19B $1.88B
Operating income $239.10M $804.00M
Net income $228.00M $720.00M
Free cash flow $392.67M $796.00M
R&D $265.94M $563.00M
EPS (diluted) $2.39 $1.28
Cash & equivalents $669.39M $1.09B
Total debt – $1.12B
Shares (diluted) 94.52M 558.00M
Enterprise value $3.31B $14.32B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDLBGFS
P/E 26.1x 36.2x
P/FCF 15.1x 32.6x
P/Operating cash flow 13.5x 13.5x
P/S 4.4x 3.7x
P/B 2.3x 2.2x
P/Tangible book 2.7x 2.2x
EV/EBITDA 15.8x 12.1x
EV/EBIT 21.9x 30.8x
EV/Revenue 3.9x 3.6x
EV/FCF 13.4x 31.1x
EV/Operating cash flow 12.0x 12.9x
PEG (3Y EPS CAGR) 12.55 -1.64

Growth

14 metrics
MetricDLBGFS
Revenue growth (1Y) 0.6% 1.4%
Revenue CAGR (3Y) 1.7% -4.1%
Gross profit growth (1Y) -0.5% 15.8%
Gross profit CAGR (3Y) 1.5% -6.2%
Operating income growth (1Y) -15.1% 575.7%
Operating income CAGR (3Y) -1.0% -12.7%
Net income growth (1Y) -14.2% 742.9%
Net income CAGR (3Y) 1.3% -21.6%
EPS growth (1Y) -12.3% 717.0%
EPS CAGR (3Y) 2.1% -22.1%
Operating cash flow growth (1Y) -6.0% 20.2%
Operating cash flow CAGR (3Y) 9.5% -4.4%
Free cash flow growth (1Y) -10.4% -18.1%
Free cash flow CAGR (3Y) 9.3% -16.2%

Profitability

14 metrics
MetricDLBGFS
Gross margin 87.6% 27.1%
EBITDA margin 24.5% 29.5%
Operating margin 17.7% 11.6%
Pretax margin 20.4% 12.6%
Net margin 16.7% 10.3%
FCF margin 29.0% 11.5%
Operating cash flow margin 32.3% 27.6%
Return on equity 8.7% 6.1%
Return on assets 7.1% 4.3%
Return on invested capital – 5.1%
Return on capital employed 8.6% 5.5%
Asset turnover 0.4x 0.4x
Cash conversion (OCF / net income) 1.9x 2.7x
Stock comp / revenue 9.6% 3.4%

Financial Health

11 metrics
MetricDLBGFS
Debt / assets – 6.6%
Debt / equity – 0.1x
Net debt / EBITDA – -0.6x
Debt / FCF – 1.4x
Liabilities / assets 17.9% 30.0%
Equity / assets 82.1% 70.0%
Interest coverage – –
Current ratio 3.2x 2.5x
Quick ratio 3.1x 1.4x
Cash ratio 1.6x 1.1x
Altman Z-score 8.47 2.86

Shareholder Returns

7 metrics
MetricDLBGFS
Dividend yield 2.3% 0.5%
Net buyback yield 3.5% 1.5%
Shareholder yield 5.8% 2.1%
Payout ratio (earnings) 58.9% –
Payout ratio (FCF) 34.2% –
Dividend growth (1Y) 8.6% –
Dividend CAGR (3Y) 9.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDLBGFS
Forward P/E 14.0xFY2026 25.7xFY2026
EPS, next fiscal year $4.49FY2026 $1.82FY2026
EPS growth, next FY +5.9%FY2026 +5.8%FY2026
EPS growth, the year after +4.7% +33.5%
Revenue, next fiscal year $1.50BFY2026 $6.96BFY2026
Revenue growth, next FY +11.1%FY2026 +2.6%FY2026
Revenue growth, the year after -7.7% +23.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDLBGFS
Held by institutions 100.0% 98.4%
Institutions holding 389 438
Change in shares held, QoQ +5.8% -3.0%
Institutions buying 195 305
Institutions selling 148 88
Buyers to sellers 1.32 3.47

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DLBGFS
DLB 1.00 0.11
GFS 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DLB and GFS?

Globalfoundries (GFS) is the largest by market capitalisation: Dolby Laboratories (DLB) $5.91B, Globalfoundries (GFS) $25.96B.

Which stock is cheaper, DLB and GFS?

Dolby Laboratories (DLB) trades on the lowest price-to-earnings ratio (Dolby Laboratories (DLB) 26.1x, Globalfoundries (GFS) 36.2x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Dolby Laboratories (DLB) 14.0x, Globalfoundries (GFS) 25.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Globalfoundries (GFS) grew revenue fastest over the trailing twelve months: Dolby Laboratories (DLB) +0.6%, Globalfoundries (GFS) +1.4%.

Which company is more profitable?

Dolby Laboratories (DLB) has the highest net margin (Dolby Laboratories (DLB) 16.7%, Globalfoundries (GFS) 10.3%).

Which stock has performed better?

Over the past year Globalfoundries (GFS) returned the most: Dolby Laboratories (DLB) -7.2%, Globalfoundries (GFS) +31.8%. Over five years, Globalfoundries (GFS) compounded fastest (Dolby Laboratories (DLB) -6.4%/yr, Globalfoundries (GFS) +0.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Dolby Laboratories (DLB) has the highest dividend yield: Dolby Laboratories (DLB) 2.30%, Globalfoundries (GFS) 0.51%.

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Dolby Laboratories (DLB) 30.2%, Globalfoundries (GFS) 60.3%). Volatility measures how widely the price swings, not the risk of the business.

Do DLB and GFS move together?

Their daily returns over the past year have a correlation of 0.11, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, DLB and GFS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Dolby Laboratories (DLB) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.