ADVANCED MICRO DEVICES (AMD) Fundamental Analysis & Valuation

NASDAQ:AMD • US0079031078

203.23 USD
+0.55 (+0.27%)
At close: Mar 10, 2026
203.63 USD
+0.4 (+0.2%)
After Hours: 3/10/2026, 8:05:57 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

Overall AMD gets a fundamental rating of 6 out of 10. We evaluated AMD against 115 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of AMD get a neutral evaluation. Nothing too spectacular is happening here. AMD is growing strongly while it is still valued neutral. This is a good combination! These ratings could make AMD a good candidate 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.
  • AMD had a positive operating cash flow in the past year.
  • In the past 5 years AMD has always been profitable.
  • In the past 5 years AMD always reported a positive cash flow from operatings.
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

  • Looking at the Return On Assets, with a value of 5.64%, AMD is in the better half of the industry, outperforming 70.43% of the companies in the same industry.
  • AMD has a better Return On Equity (6.88%) than 63.48% of its industry peers.
  • AMD has a better Return On Invested Capital (4.43%) than 60.87% of its industry peers.
  • AMD had an Average Return On Invested Capital over the past 3 years of 2.52%. This is significantly below the industry average of 10.52%.
  • 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

  • The Profit Margin of AMD (12.51%) is better than 68.70% of its industry peers.
  • AMD's Profit Margin has declined in the last couple of years.
  • AMD has a better Operating Margin (10.66%) than 64.35% of its industry peers.
  • AMD's Operating Margin has declined in the last couple of years.
  • AMD's Gross Margin of 49.52% is fine compared to the rest of the industry. AMD outperforms 60.87% of its industry peers.
  • 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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ROAROEROICOperating and Profit MarginShow most profitable peers

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.
  • AMD has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for AMD has been increased compared to 5 years ago.
  • The debt/assets ratio for AMD is higher compared to a year ago.
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

  • AMD has an Altman-Z score of 15.24. This indicates that AMD is financially healthy and has little risk of bankruptcy at the moment.
  • AMD has a better Altman-Z score (15.24) than 80.00% of its industry peers.
  • AMD has a debt to FCF ratio of 0.48. This is a very positive value and a sign of high solvency as it would only need 0.48 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 0.48, AMD is doing good in the industry, outperforming 78.26% of the companies in the same industry.
  • A Debt/Equity ratio of 0.04 indicates that AMD is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.04, AMD is in the better half of the industry, outperforming 62.61% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.48
Altman-Z 15.24
ROIC/WACC0.39
WACC11.34%
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

  • AMD has a Current Ratio of 2.85. This indicates that AMD is financially healthy and has no problem in meeting its short term obligations.
  • With a Current ratio value of 2.85, AMD perfoms like the industry average, outperforming 50.43% of the companies in the same 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.
  • AMD has a Quick ratio (2.01) which is in line with its industry peers.
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

  • AMD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.60%, which is quite impressive.
  • AMD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.45% yearly.
  • The Revenue has grown by 34.34% in the past year. This is a very strong growth!
  • Measured over the past years, AMD shows a very strong growth in Revenue. The Revenue has been growing by 28.82% on average per year.
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 42.41% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 31.77% on average over the next years. This is a very strong growth
EPS Next Y61.24%
EPS Next 2Y62.2%
EPS Next 3Y47.97%
EPS Next 5Y42.41%
Revenue Next Year36.37%
Revenue Next 2Y39.43%
Revenue Next 3Y35.04%
Revenue Next 5Y31.77%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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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Find the best growth stocksShow best growing peers

5

4. AMD Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 48.74, the valuation of AMD can be described as expensive.
  • 63.48% of the companies in the same industry are more expensive than AMD, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.25, AMD is valued quite expensively.
  • AMD is valuated quite expensively with a Price/Forward Earnings ratio of 30.23.
  • AMD's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of AMD to the average of the S&P500 Index (24.39), we can say AMD is valued slightly more expensively.
Industry RankSector Rank
PE 48.74
Fwd PE 30.23
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 69.57% of the companies in the same industry.
Industry RankSector Rank
P/FCF 49.2
EV/EBITDA 47.49
AMD Per share dataAMD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • AMD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of AMD may justify a higher PE ratio.
  • AMD's earnings are expected to grow with 47.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.8
PEG (5Y)1.84
EPS Next 2Y62.2%
EPS Next 3Y47.97%

More info and screens

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 (3/10/2026, 8:05:57 PM)

After market: 203.63 +0.4 (+0.2%)

203.23

+0.55 (+0.27%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners72.16%
Inst Owner Change3.43%
Ins Owners0.32%
Ins Owner Change-5.09%
Market Cap331.35B
Revenue(TTM)34.64B
Net Income(TTM)4.33B
Analysts79.67
Price Target283.17 (39.33%)
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)-0.35%
PT rev (3m)1.33%
EPS NQ rev (1m)4.59%
EPS NQ rev (3m)6.03%
EPS NY rev (1m)0.55%
EPS NY rev (3m)2.96%
Revenue NQ rev (1m)5.28%
Revenue NQ rev (3m)5.9%
Revenue NY rev (1m)2.66%
Revenue NY rev (3m)4.36%
Valuation
Industry RankSector Rank
PE 48.74
Fwd PE 30.23
P/S 9.57
P/FCF 49.2
P/OCF 42.98
P/B 5.26
P/tB 15.65
EV/EBITDA 47.49
EPS(TTM)4.17
EY2.05%
EPS(NY)6.72
Fwd EY3.31%
FCF(TTM)4.13
FCFY2.03%
OCF(TTM)4.73
OCFY2.33%
SpS21.25
BVpS38.64
TBVpS12.98
PEG (NY)0.8
PEG (5Y)1.84
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 15.24
F-Score7
WACC11.34%
ROIC/WACC0.39
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 Y61.24%
EPS Next 2Y62.2%
EPS Next 3Y47.97%
EPS Next 5Y42.41%
Revenue 1Y (TTM)34.34%
Revenue growth 3Y13.64%
Revenue growth 5Y28.82%
Sales Q2Q%34.11%
Revenue Next Year36.37%
Revenue Next 2Y39.43%
Revenue Next 3Y35.04%
Revenue Next 5Y31.77%
EBIT growth 1Y81.26%
EBIT growth 3Y47.04%
EBIT growth 5Y21.96%
EBIT Next Year67.06%
EBIT Next 3Y53.87%
EBIT Next 5Y45.69%
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 48.74 and the Price/Book (PB) ratio is 5.26.


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 61.24% in the next year.