ADVANCED MICRO DEVICES (AMD)
US0079031078 - Common Stock
Taking everything into account, AMD scores 5 out of 10 in our fundamental rating. AMD was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. AMD has an average financial health and profitability rating. AMD is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AMD had positive earnings in the past year.
In the past year AMD had a positive cash flow from operations.
In the past 5 years AMD has always been profitable.
In the past 5 years AMD always reported a positive cash flow from operatings.
1.2 Ratios
AMD's Return On Assets of 1.26% is in line compared to the rest of the industry. AMD outperforms 47.17% of its industry peers.
AMD has a Return On Equity (1.53%) which is comparable to the rest of the industry.
AMD has a Return On Invested Capital (0.47%) which is comparable to the rest of the industry.
AMD had an Average Return On Invested Capital over the past 3 years of 12.36%. This is in line with the industry average of 11.44%.
The last Return On Invested Capital (0.47%) for AMD is well below the 3 year average (12.36%), which needs to be investigated, but indicates that AMD had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 1.53% | ||
| ROIC | 0.47% |
ROA(3y)9.56%
ROA(5y)12.42%
ROE(3y)15.37%
ROE(5y)20.17%
ROIC(3y)12.36%
ROIC(5y)13.18%
1.3 Margins
With a Profit Margin value of 3.77%, AMD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
AMD's Profit Margin has declined in the last couple of years.
AMD has a Operating Margin (1.62%) which is comparable to the rest of the industry.
AMD's Operating Margin has declined in the last couple of years.
AMD has a Gross Margin (46.12%) which is comparable to the rest of the industry.
AMD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.62% | ||
| PM (TTM) | 3.77% | ||
| GM | 46.12% |
OM growth 3Y-51.31%
OM growth 5Y-25.32%
PM growth 3Y-47.15%
PM growth 5Y-6.27%
GM growth 3Y1.18%
GM growth 5Y4.06%
2. Health
2.1 Basic Checks
AMD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, AMD has more shares outstanding
Compared to 5 years ago, AMD has more shares outstanding
AMD has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 13.51 indicates that AMD is not in any danger for bankruptcy at the moment.
AMD has a better Altman-Z score (13.51) than 88.68% of its industry peers.
The Debt to FCF ratio of AMD is 2.20, which is a good value as it means it would take AMD, 2.20 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.20, AMD is doing good in the industry, outperforming 66.04% of the companies in the same industry.
AMD has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.03, AMD is in the better half of the industry, outperforming 68.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 2.2 | ||
| Altman-Z | 13.51 |
ROIC/WACC0.04
WACC11.4%
2.3 Liquidity
AMD has a Current Ratio of 2.51. This indicates that AMD is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AMD (2.51) is worse than 61.32% of its industry peers.
A Quick Ratio of 1.86 indicates that AMD should not have too much problems paying its short term obligations.
AMD's Quick ratio of 1.86 is in line compared to the rest of the industry. AMD outperforms 41.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.86 |
3. Growth
3.1 Past
The earnings per share for AMD have decreased strongly by -25.14% in the last year.
AMD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.94% yearly.
Looking at the last year, AMD shows a decrease in Revenue. The Revenue has decreased by -3.90% in the last year.
AMD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.49% yearly.
EPS 1Y (TTM)-25.14%
EPS 3Y27.12%
EPS 5Y41.94%
EPS growth Q2Q11.59%
Revenue 1Y (TTM)-3.9%
Revenue growth 3Y32.44%
Revenue growth 5Y28.49%
Revenue growth Q2Q10.16%
3.2 Future
The Earnings Per Share is expected to grow by 33.84% on average over the next years. This is a very strong growth
AMD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.55% yearly.
EPS Next Y38.11%
EPS Next 2Y44.35%
EPS Next 3Y39.9%
EPS Next 5Y33.84%
Revenue Next Year13.9%
Revenue Next 2Y19.79%
Revenue Next 3Y20.32%
Revenue Next 5Y16.55%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 61.80 indicates a quite expensive valuation of AMD.
AMD's Price/Earnings is on the same level as the industry average.
AMD's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.05.
With a Price/Forward Earnings ratio of 44.75, AMD can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as AMD.
AMD is valuated expensively when we compare the Price/Forward Earnings ratio to 21.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 61.8 | ||
| Fwd PE | 44.75 |
4.2 Price Multiples
AMD's Enterprise Value to EBITDA is on the same level as the industry average.
AMD's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 236.12 | ||
| EV/EBITDA | 66.48 |
4.3 Compensation for Growth
AMD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AMD's earnings are expected to grow with 39.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.62
PEG (5Y)1.47
EPS Next 2Y44.35%
EPS Next 3Y39.9%
5. Dividend
5.1 Amount
No dividends for AMD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ADVANCED MICRO DEVICES
NASDAQ:AMD (4/16/2024, 10:18:10 AM)
163.778
+3.46 (+2.16%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
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Market Cap264.69B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Surprises & Revisions
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EPS NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 61.8 | ||
| Fwd PE | 44.75 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.62
PEG (5Y)1.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 1.53% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.62% | ||
| PM (TTM) | 3.77% | ||
| GM | 46.12% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-25.14%
EPS 3Y27.12%
EPS 5Y
EPS growth Q2Q
EPS Next Y38.11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.9%
Revenue growth 3Y32.44%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
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OCF growth 5Y