ADVANCED MICRO DEVICES (AMD) Fundamental Analysis & Valuation

NASDAQ:AMD • US0079031078

192.43 USD
-7.02 (-3.52%)
At close: Mar 6, 2026
192.02 USD
-0.41 (-0.21%)
After Hours: 3/6/2026, 8:00:34 PM
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This AMD fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Taking everything into account, AMD scores 6 out of 10 in our fundamental rating. AMD was compared to 115 industry peers in the Semiconductors & Semiconductor Equipment industry. AMD has only an average score on both its financial health and profitability. AMD is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make AMD suitable for growth investing!


Dividend Valuation Growth Profitability Health

6

1. AMD Profitability Analysis

1.1 Basic Checks

  • AMD had positive earnings in the past year.
  • In the past year AMD had a positive cash flow from operations.
  • Each year in the past 5 years AMD has been profitable.
  • AMD had a positive operating cash flow in each of the past 5 years.
AMD Yearly Net Income VS EBIT VS OCF VS FCFAMD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

1.2 Ratios

  • AMD's Return On Assets of 5.64% is fine compared to the rest of the industry. AMD outperforms 70.43% of its industry peers.
  • AMD has a Return On Equity of 6.88%. This is in the better half of the industry: AMD outperforms 61.74% of its industry peers.
  • With a decent Return On Invested Capital value of 4.43%, AMD is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • AMD had an Average Return On Invested Capital over the past 3 years of 2.52%. This is significantly below the industry average of 10.50%.
  • The 3 year average ROIC (2.52%) for AMD is below the current ROIC(4.43%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.64%
ROE 6.88%
ROIC 4.43%
ROA(3y)3.09%
ROA(5y)7.34%
ROE(3y)3.75%
ROE(5y)11.17%
ROIC(3y)2.52%
ROIC(5y)9.01%
AMD Yearly ROA, ROE, ROICAMD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100

1.3 Margins

  • AMD has a better Profit Margin (12.51%) than 68.70% of its industry peers.
  • In the last couple of years the Profit Margin of AMD has declined.
  • Looking at the Operating Margin, with a value of 10.66%, AMD is in the better half of the industry, outperforming 64.35% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AMD has declined.
  • With a decent Gross Margin value of 49.52%, AMD is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • AMD's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 10.66%
PM (TTM) 12.51%
GM 49.52%
OM growth 3Y29.39%
OM growth 5Y-5.33%
PM growth 3Y30.8%
PM growth 5Y-13.27%
GM growth 3Y3.3%
GM growth 5Y2.15%
AMD Yearly Profit, Operating, Gross MarginsAMD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

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6

2. AMD Health Analysis

2.1 Basic Checks

  • AMD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, AMD has more shares outstanding
  • AMD has more shares outstanding than it did 5 years ago.
  • AMD has a worse debt/assets ratio than last year.
AMD Yearly Shares OutstandingAMD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
AMD Yearly Total Debt VS Total AssetsAMD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • An Altman-Z score of 15.01 indicates that AMD is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 15.01, AMD belongs to the top of the industry, outperforming 83.48% of the companies in the same industry.
  • The Debt to FCF ratio of AMD is 0.48, which is an excellent value as it means it would take AMD, only 0.48 years of fcf income to pay off all of its debts.
  • AMD has a better Debt to FCF ratio (0.48) than 77.39% of its industry peers.
  • A Debt/Equity ratio of 0.04 indicates that AMD is not too dependend on debt financing.
  • The Debt to Equity ratio of AMD (0.04) is better than 62.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.48
Altman-Z 15.01
ROIC/WACC0.4
WACC11.16%
AMD Yearly LT Debt VS Equity VS FCFAMD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B

2.3 Liquidity

  • A Current Ratio of 2.85 indicates that AMD has no problem at all paying its short term obligations.
  • The Current ratio of AMD (2.85) is comparable to the rest of the industry.
  • AMD has a Quick Ratio of 2.01. This indicates that AMD is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of AMD (2.01) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.85
Quick Ratio 2.01
AMD Yearly Current Assets VS Current LiabilitesAMD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

10

3. AMD Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 25.60% over the past year.
  • Measured over the past years, AMD shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.45% on average per year.
  • The Revenue has grown by 34.34% in the past year. This is a very strong growth!
  • The Revenue has been growing by 28.82% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)25.6%
EPS 3Y5.61%
EPS 5Y26.45%
EPS Q2Q%40.37%
Revenue 1Y (TTM)34.34%
Revenue growth 3Y13.64%
Revenue growth 5Y28.82%
Sales Q2Q%34.11%

3.2 Future

  • The Earnings Per Share is expected to grow by 41.83% on average over the next years. This is a very strong growth
  • AMD is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 31.38% yearly.
EPS Next Y60.36%
EPS Next 2Y58.46%
EPS Next 3Y50.62%
EPS Next 5Y41.83%
Revenue Next Year36.18%
Revenue Next 2Y38.14%
Revenue Next 3Y34.17%
Revenue Next 5Y31.38%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
AMD Yearly Revenue VS EstimatesAMD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B 80B 100B
AMD Yearly EPS VS EstimatesAMD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 10 15 20

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5

4. AMD Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 46.15, AMD can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, AMD is valued a bit cheaper than 64.35% of the companies in the same industry.
  • AMD's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.29.
  • Based on the Price/Forward Earnings ratio of 28.78, the valuation of AMD can be described as expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AMD indicates a somewhat cheap valuation: AMD is cheaper than 65.22% of the companies listed in the same industry.
  • AMD's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.57.
Industry RankSector Rank
PE 46.15
Fwd PE 28.78
AMD Price Earnings VS Forward Price EarningsAMD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • AMD's Enterprise Value to EBITDA ratio is in line with the industry average.
  • AMD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AMD is cheaper than 66.96% of the companies in the same industry.
Industry RankSector Rank
P/FCF 46.58
EV/EBITDA 46.71
AMD Per share dataAMD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • AMD has a very decent profitability rating, which may justify a higher PE ratio.
  • AMD's earnings are expected to grow with 50.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)1.74
EPS Next 2Y58.46%
EPS Next 3Y50.62%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AMD Dividend Analysis

5.1 Amount

  • AMD does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AMD Fundamentals: All Metrics, Ratios and Statistics

ADVANCED MICRO DEVICES

NASDAQ:AMD (3/6/2026, 8:00:34 PM)

After market: 192.02 -0.41 (-0.21%)

192.43

-7.02 (-3.52%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners72.16%
Inst Owner Change3.41%
Ins Owners0.32%
Ins Owner Change-6.07%
Market Cap313.74B
Revenue(TTM)34.64B
Net Income(TTM)4.33B
Analysts79.67
Price Target283.17 (47.15%)
Short Float %1.89%
Short Ratio0.83
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.48%
Min EPS beat(2)2.13%
Max EPS beat(2)14.83%
EPS beat(4)3
Avg EPS beat(4)3.63%
Min EPS beat(4)-3.25%
Max EPS beat(4)14.83%
EPS beat(8)6
Avg EPS beat(8)1.99%
EPS beat(12)9
Avg EPS beat(12)1.9%
EPS beat(16)12
Avg EPS beat(16)2.85%
Revenue beat(2)2
Avg Revenue beat(2)4.93%
Min Revenue beat(2)4.69%
Max Revenue beat(2)5.18%
Revenue beat(4)4
Avg Revenue beat(4)3.94%
Min Revenue beat(4)2.55%
Max Revenue beat(4)5.18%
Revenue beat(8)7
Avg Revenue beat(8)2.17%
Revenue beat(12)8
Avg Revenue beat(12)1.49%
Revenue beat(16)10
Avg Revenue beat(16)1.36%
PT rev (1m)0.41%
PT rev (3m)3.13%
EPS NQ rev (1m)4.13%
EPS NQ rev (3m)5.56%
EPS NY rev (1m)0.79%
EPS NY rev (3m)5.36%
Revenue NQ rev (1m)5.32%
Revenue NQ rev (3m)5.93%
Revenue NY rev (1m)3.06%
Revenue NY rev (3m)10.2%
Valuation
Industry RankSector Rank
PE 46.15
Fwd PE 28.78
P/S 9.06
P/FCF 46.58
P/OCF 40.7
P/B 4.98
P/tB 14.82
EV/EBITDA 46.71
EPS(TTM)4.17
EY2.17%
EPS(NY)6.69
Fwd EY3.48%
FCF(TTM)4.13
FCFY2.15%
OCF(TTM)4.73
OCFY2.46%
SpS21.25
BVpS38.64
TBVpS12.98
PEG (NY)0.76
PEG (5Y)1.74
Graham Number60.21
Profitability
Industry RankSector Rank
ROA 5.64%
ROE 6.88%
ROCE 5.47%
ROIC 4.43%
ROICexc 5.25%
ROICexgc 19.79%
OM 10.66%
PM (TTM) 12.51%
GM 49.52%
FCFM 19.44%
ROA(3y)3.09%
ROA(5y)7.34%
ROE(3y)3.75%
ROE(5y)11.17%
ROIC(3y)2.52%
ROIC(5y)9.01%
ROICexc(3y)2.89%
ROICexc(5y)14.94%
ROICexgc(3y)11.82%
ROICexgc(5y)24.76%
ROCE(3y)3.12%
ROCE(5y)11.14%
ROICexgc growth 3Y12.17%
ROICexgc growth 5Y-7.74%
ROICexc growth 3Y45.68%
ROICexc growth 5Y-27.4%
OM growth 3Y29.39%
OM growth 5Y-5.33%
PM growth 3Y30.8%
PM growth 5Y-13.27%
GM growth 3Y3.3%
GM growth 5Y2.15%
F-Score7
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.48
Debt/EBITDA 0.35
Cap/Depr 32.42%
Cap/Sales 2.81%
Interest Coverage 40.59
Cash Conversion 115.09%
Profit Quality 155.36%
Current Ratio 2.85
Quick Ratio 2.01
Altman-Z 15.01
F-Score7
WACC11.16%
ROIC/WACC0.4
Cap/Depr(3y)23%
Cap/Depr(5y)30.75%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.28%
Profit Quality(3y)144.4%
Profit Quality(5y)154.2%
High Growth Momentum
Growth
EPS 1Y (TTM)25.6%
EPS 3Y5.61%
EPS 5Y26.45%
EPS Q2Q%40.37%
EPS Next Y60.36%
EPS Next 2Y58.46%
EPS Next 3Y50.62%
EPS Next 5Y41.83%
Revenue 1Y (TTM)34.34%
Revenue growth 3Y13.64%
Revenue growth 5Y28.82%
Sales Q2Q%34.11%
Revenue Next Year36.18%
Revenue Next 2Y38.14%
Revenue Next 3Y34.17%
Revenue Next 5Y31.38%
EBIT growth 1Y81.26%
EBIT growth 3Y47.04%
EBIT growth 5Y21.96%
EBIT Next Year66.78%
EBIT Next 3Y51.55%
EBIT Next 5Y41.38%
FCF growth 1Y180.04%
FCF growth 3Y29.31%
FCF growth 5Y54.02%
OCF growth 1Y153.5%
OCF growth 3Y29.31%
OCF growth 5Y48.4%

ADVANCED MICRO DEVICES / AMD FAQ

Can you provide the ChartMill fundamental rating for ADVANCED MICRO DEVICES?

ChartMill assigns a fundamental rating of 6 / 10 to AMD.


Can you provide the valuation status for ADVANCED MICRO DEVICES?

ChartMill assigns a valuation rating of 5 / 10 to ADVANCED MICRO DEVICES (AMD). This can be considered as Fairly Valued.


How profitable is ADVANCED MICRO DEVICES (AMD) stock?

ADVANCED MICRO DEVICES (AMD) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for AMD stock?

The Price/Earnings (PE) ratio for ADVANCED MICRO DEVICES (AMD) is 46.15 and the Price/Book (PB) ratio is 4.98.


Can you provide the expected EPS growth for AMD stock?

The Earnings per Share (EPS) of ADVANCED MICRO DEVICES (AMD) is expected to grow by 60.36% in the next year.