Financials AMD (Advanced Micro Devices)

Equities

AMD

US0079031078

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-07-05 pm EDT 5-day change 1st Jan Change
171.9 USD +4.87% Intraday chart for AMD (Advanced Micro Devices) +5.96% +16.60%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 51,829 111,124 175,285 104,432 238,141 277,844 - -
Enterprise Value (EV) 1 50,812 109,164 171,990 101,044 234,836 270,067 264,610 258,323
P/E ratio 152 x 44.8 x 56.5 x 77.1 x 278 x 119 x 50.9 x 38.7 x
Yield - - - - - - - -
Capitalization / Revenue 7.7 x 11.4 x 10.7 x 4.42 x 10.5 x 10.9 x 8.5 x 7.22 x
EV / Revenue 7.55 x 11.2 x 10.5 x 4.28 x 10.4 x 10.6 x 8.1 x 6.71 x
EV / EBITDA 47.8 x 55.4 x 38.4 x 14.5 x 35.2 x 54.9 x 29.2 x 20.5 x
EV / FCF 184 x 140 x 53.4 x 32.4 x 209 x 60.4 x 36.6 x 29.1 x
FCF Yield 0.54% 0.71% 1.87% 3.08% 0.48% 1.66% 2.73% 3.44%
Price to Book 18 x 19.1 x 23.8 x 1.85 x 4.26 x 4.81 x 4.55 x 4.08 x
Nbr of stocks (in thousands) 1,138,599 1,204,074 1,207,610 1,612,356 1,615,499 1,616,314 - -
Reference price 2 45.52 92.29 145.2 64.77 147.4 171.9 171.9 171.9
Announcement Date 1/28/20 1/26/21 2/1/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,731 9,763 16,434 23,601 22,680 25,558 32,676 38,487
EBITDA 1 1,062 1,969 4,476 6,971 6,665 4,921 9,067 12,622
EBIT 1 840 1,657 4,069 6,345 4,854 6,496 10,232 13,086
Operating Margin 12.48% 16.97% 24.76% 26.88% 21.4% 25.42% 31.31% 34%
Earnings before Tax (EBT) 1 372 1,275 3,669 1,184 492 2,555 6,123 9,032
Net income 1 341 2,490 3,162 1,320 854 2,387 5,733 7,444
Net margin 5.07% 25.5% 19.24% 5.59% 3.77% 9.34% 17.55% 19.34%
EPS 2 0.3000 2.060 2.570 0.8400 0.5300 1.448 3.379 4.445
Free Cash Flow 1 276 777 3,220 3,115 1,121 4,470 7,232 8,889
FCF margin 4.1% 7.96% 19.59% 13.2% 4.94% 17.49% 22.13% 23.09%
FCF Conversion (EBITDA) 25.99% 39.46% 71.94% 44.69% 16.82% 90.83% 79.76% 70.42%
FCF Conversion (Net income) 80.94% 31.2% 101.83% 235.98% 131.26% 187.28% 126.14% 119.41%
Dividend per Share 2 - - - - - - - -
Announcement Date 1/28/20 1/26/21 2/1/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 4,826 5,887 6,550 5,565 5,599 5,353 5,359 5,800 6,168 5,473 5,720 6,635 7,638 7,290 7,733
EBITDA 1 1,446 1,967 2,139 1,427 1,438 837 829 1,047 1,776 820 685 1,124 1,682 1,786 1,949
EBIT 1 1,328 1,837 1,982 1,264 1,262 1,098 1,068 1,276 1,412 1,133 1,247 1,763 2,327 2,106 2,358
Operating Margin 27.52% 31.2% 30.26% 22.71% 22.54% 20.51% 19.93% 22% 22.89% 20.7% 21.79% 26.57% 30.47% 28.89% 30.49%
Earnings before Tax (EBT) 1 1,203 896 497 -73 -136 -127 -2 257 364 64 258.8 719.2 1,243 1,168 1,321
Net income 1 974 786 447 66 21 -139 27 299 667 123 301.5 694.3 1,213 1,119 1,271
Net margin 20.18% 13.35% 6.82% 1.19% 0.38% -2.6% 0.5% 5.16% 10.81% 2.25% 5.27% 10.46% 15.87% 15.35% 16.44%
EPS 2 0.8000 0.5600 0.2700 0.0400 0.0100 -0.0900 0.0200 0.1800 0.4100 0.0700 0.1832 0.4350 0.7618 0.6902 0.8142
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/1/22 5/3/22 8/2/22 11/1/22 1/31/23 5/2/23 8/1/23 10/31/23 1/30/24 4/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,017 1,960 3,295 3,388 3,305 7,777 13,235 19,521
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 276 777 3,220 3,115 1,121 4,470 7,232 8,889
ROE (net income / shareholders' equity) 36.9% 36.4% 51.5% 17.7% 7.78% 9.03% 14.5% 15.8%
ROA (Net income/ Total Assets) 14.3% 21% 32.1% 13.8% 5.04% 7.3% 9.8% 10.1%
Assets 1 2,387 11,849 9,841 9,593 16,933 32,689 58,523 73,846
Book Value Per Share 2 2.520 4.840 6.100 35.10 34.60 35.70 37.80 42.10
Cash Flow per Share 2 0.4400 0.8900 2.860 2.270 1.030 1.990 4.120 5.650
Capex 1 217 294 301 450 546 601 707 773
Capex / Sales 3.22% 3.01% 1.83% 1.91% 2.41% 2.35% 2.16% 2.01%
Announcement Date 1/28/20 1/26/21 2/1/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
46
Last Close Price
171.9 USD
Average target price
190.1 USD
Spread / Average Target
+10.58%
Consensus
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