AMD Corp.
[AMD]
NASDAQ
MVPro™ Score: 64/100
Last Earnings: 03 Feb 2026
[AMD]
NASDAQ
MVPro™ Score: 64/100
Last Earnings: 03 Feb 2026
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| Capitalization (mln USD) | 354,302 |
| Revenue (mln USD) | 9,246 |
| EBITDA (mln USD) | 2,106 |
| Net Income (mln USD) | 1,243 |
| Net Margin | 13.44% |
| EPS Ratio (TTM, USD) | 2.03 |
| P/E Ratio (TTM) | 107.17 |
| P/S Ratio (TTM) | 12.97 |
| D/E Ratio | 0.26 |
| EV/EBITDA (TTM) | 70.32 |
| CAPEX (Q/Q) | -8.51% |
| Dividend Yield | 0.00% |
Revenue, EBITDA & Net Income
Company Overview
Advanced Micro Devices, Inc. (AMD), founded in 1969 in Sunnyvale, California, is a global leader in high-performance computing and semiconductors. Now headquartered in Santa Clara, California, the company has earned a strong reputation for innovation in microprocessors, graphics, and data centre solutions. Over the decades, AMD has grown from a small chip supplier into one of the most influential players in the semiconductor industry.
AMD’s main products include central processing units (CPUs), graphics processing units (GPUs), adaptive computing from its Xilinx acquisition, and system-on-chip (SoC) designs for gaming consoles. Its technologies power personal computers, cloud platforms, gaming devices, and artificial intelligence applications. The company serves customers ranging from individual consumers and gamers to enterprises and hyperscale data centres worldwide.
Currently led by Chair and Chief Executive Officer Dr. Lisa Su, AMD’s mission is to build great products that accelerate next-generation computing experiences. The company operates in key markets across North America, Europe, and Asia, with a strong focus on both consumer and enterprise solutions. In terms of ESG, AMD is committed to energy-efficient product design, reducing greenhouse gas emissions in its supply chain, and promoting diversity and inclusion, while striving to advance technology responsibly and sustainably.
🔴 P/E (Price to Earnings, TTM)
Price-to-earnings (P/E) ratio for the most recent quarter is 125.6, compared to 96.9 in the previous quarter, with a longer-term trend value of 145.2. This increase in the P/E ratio suggests a higher valuation of the company by investors, potentially driven by strong growth expectations, earnings stability, or increased market confidence.
P/E Ratio
Source: MarketVectors.Pro, AMD Financial Reports (TTM)
P/E Ratio
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🟢 EPS (Earnings Per Share, TTM)
AMD's earnings per share (EPS) for the most recent quarter is 2.03 USD (+16.2%), compared to 1.75 USD in the previous quarter, with a longer-term trend value of 3.26 USD. This quarterly increase in EPS suggests improved profitability and operational efficiency.
EPS
Source: MarketVectors.Pro, AMD Financial Reports (TTM, USD)
EPS
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🔴 P/B (Price to Book)
Price-to-book (P/B) ratio for the most recent quarter stands at 6.83 (+48.4%), compared to 4.60 in the previous quarter, with a long-term trend value of 7.60. The rise in the P/B ratio suggests that investors are valuing the company’s assets at a higher multiple, potentially due to improved financial performance, asset appreciation, or heightened market optimism.
P/B Ratio
Source: MarketVectors.Pro, AMD Financial Reports
P/B Ratio
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🟢 EBIT
EBIT for AMD in the most recent quarter is 1,270 million USD, compared to -134 million USD in the previous quarter, with a long-term trend value of 1,167 million USD. This increase reflects improved operational performance and higher profitability, aligning with the long-term growth trajectory.
EBIT
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
EBIT
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🟡 Risk Assessment
This risk assessment outlines the main business risks currently faced by Advanced Micro Devices, Inc. (AMD) in the global semiconductor industry.
Market Risk
AMD operates in a highly competitive market against major rivals such as Intel and NVIDIA, where rapid technological change can quickly alter market dynamics. Demand for semiconductors is cyclical and strongly influenced by consumer electronics, data centres, and gaming sectors. Any slowdown in these markets could reduce sales and affect growth prospects.
Financial Risk
The company’s revenues are exposed to fluctuations in global economic conditions, which can impact customer spending and investment. Dependence on a limited number of large customers increases concentration risk and potential volatility in income. Currency fluctuations from international sales may also affect profitability.
Operational Risk
AMD outsources most of its manufacturing to third-party foundries such as TSMC, creating dependency on their production capacity and supply stability. Disruptions in the global semiconductor supply chain can delay product launches and reduce market competitiveness. The company also faces risks related to protecting its intellectual property from theft or infringement.
Regulatory Risk
AMD must comply with international trade restrictions, export controls, and technology regulations, particularly regarding sales to certain markets such as China. Stricter environmental and labour standards across global supply chains may increase compliance costs. Antitrust or competition law challenges could also arise in relation to industry consolidation.
Overall Risk Assessment
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🟡 Piotroski F-Score Analysis
Piotroski F-Score analysis is a robust methodology designed to assess the financial strength and operational efficiency of companies, providing valuable insights for investment decision-making.
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
| Previous TTM | Current TTM | Score | |
| Net Income | 1,826 | 3,306 | 1 |
| ROA | 2.67% | 4.52% | 1 |
| Net Operating Cash Flow | 336 | 928 | 1 |
| OCF > Net Income | 297 | 3,102 | 1 |
| Long-Term Debt | 6,874 | 10,503 | 0 |
| Current Ratio | 2.5 | 2.31 | 0 |
| New Shares Issued (mln) | 1,636 | 1,628 | 1 |
| Gross Margin | 48.38% | 48.29% | 0 |
| Total Asset Turnover Ratio | 0.36 | 0.44 | 1 |
| Piotroski F-Score | 6/9 |
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🟢 Altman Z-Score Analysis
Altman Z-Score is a widely recognised financial metric used to evaluate the risk of bankruptcy for companies. It is particularly relevant for assessing the creditworthiness of manufacturing and industrial companies but has also been adapted for other industries.
Source: MarketVectors.Pro, AMD Financial Reports
| Q3 25 | |||
| Altman Z-Score (TTM) | 17.23 | ||
| 0 | Distress | 1.8 | Grey | 2.99 | Safe | 4 |
Source: MarketVectors.Pro, AMD Financial Reports
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🟡 Key Assets Components
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
As of last quarter the company reported total assets of 76,891 million USD, representing an increase of 10.4% compared to the previous year the same quarter 69,636 million USD. The largest contributor to this change in current assets was Cash & Short-Term Inv, which grew by 59.4% to 7,243 million USD from 4,544 million USD.
Assets
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
| Q3 24 | Q3 25 | Change (%) | |
| Cash & Short-Term Inv | 4,544 | 7,243 | 59.40% |
| Inventory | 5,374 | 7,313 | 36.08% |
| Receivables | 7,270 | 6,201 | -14.70% |
| Total Current Assets | 18,735 | 27,000 | 44.12% |
| Property and Equipment | 1,669 | 2,205 | 32.12% |
| Goodwill, Intangibles | 44,411 | 42,333 | -4.68% |
| Other Long-Term Assets | 2,854 | 4,720 | 65.38% |
| Total Assets | 69,636 | 76,891 | 10.42% |
Assets
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🔴 Key Liabilities & Equity
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Total current liabilities increased by 56.0%, indicating a potential growth in operational activities. This change may affect the company's ability to manage its working capital efficiently. Long-term debt increased by 36.5%, suggesting a rise in long-term obligations. This shift could have implications for the AMD's financing costs and overall debt strategy.
Liabilities & Equity
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
| Q3 24 | Q3 25 | Change (%) | |
| Accounts Payable | 2,991 | 3,483 | 16.45% |
| Accrued Expenses, Other | 2,715 | 3,687 | 35.80% |
| Total Current Liabilities | 7,500 | 11,700 | 56.00% |
| Long-term Lease | 518 | 650 | 25.48% |
| Long-term Debt | 1,720 | 2,347 | 36.45% |
| Total Liabilities | 12,651 | 16,101 | 27.27% |
| Shareholders’ Equity | 56,985 | 60,790 | 6.68% |
Liabilities & Equity
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🟢 Income Statement Analysis
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
As of Q3 25, AMD reported a revenue of 9,246 million USD, marking an increase of 35.6% compared to the previous year to 6,819 million USD. Operating expenses rose to 3,510 million USD, increasing by 16.6% year-on-year from 3,011 million USD.
Revenue & Net Income
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
| Q3 24 | Q3 25 | Change (%) | |
| Revenue | 6,819 | 9,246 | 35.59% |
| Operating Expenses | 3,011 | 3,510 | 16.57% |
| Operating Income | 724 | 1,270 | 75.41% |
| Net Income | 771 | 1,243 | 61.22% |
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Revenue & Net Income
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🟢 Cash Flow Analysis
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
The company’s cash flow performance over the year demonstrates varied trends across key categories. Net operating cash flows increased by 243.8% from 628 million USD to 2,159 million USD, reflecting stronger cash generation from core business activities. Net investing cash flows decreased by 868.8% from -138 million USD to -1,337 million USD, indicating higher expenditure on investments, potentially related to strategic initiatives.
Operating Cash Flow
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
| Q3 24 | Q3 25 | Change (%) | |
| Net Operating Cash Flows | 628 | 2,159 | 243.79% |
| Net Investing Cash Flows | -138 | -1,337 | -868.84% |
| Net Financing Cash Flows | -706 | -450 | 36.26% |
| Net Cash Flow, Equivalents | -216 | 372 | 272.22% |
Operating Cash Flow
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🟢 EBITDA
AMD's EBITDA for the most recent quarter is 2,106 milion USD (+192.1%), compared to 721 milion USD in the previous quarter, with a long-term trend value of 2,331 milion USD. This increase in EBITDA suggests improved operational efficiency and revenue growth, indicating stronger core business performance.
EBITDA
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
EBITDA
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🟢 Net Income
Net income for the most recent quarter is 1,243 milion USD (+42.5%), compared to 872 milion USD in the previous quarter, with a long-term trend value of 1,314 milion USD. This increase in net income reflects improved profitability, potentially driven by higher revenue growth, enhanced cost efficiency, or favorable market conditions.
Net Income
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Net Income
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🟢 ROE (Return on Equity, %) ★ Buffett's Key Metric
AMD's return on equity (ROE) for the most recent quarter is 5.4%, compared to 4.7% in the previous quarter, with a long-term trend value of 8.5%. This increase in ROE indicates improved profitability and more efficient use of shareholders' equity to generate earnings.
ROE Indicator
Source: MarketVectors.Pro, AMD Financial Reports (%)
ROE Indicator
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🟢 ROA (Return on Assets, %)
Return on assets (ROA) for the most recent quarter is 4.3%, compared to 3.8% in the previous quarter, with a long-term trend value of 6.8%. This increase in ROA indicates improved efficiency in utilizing company assets to generate profits. The higher return suggests stronger operational performance and effective resource allocation.
ROA Indicator
Source: MarketVectors.Pro, AMD Financial Reports (%)
ROA Indicator
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🟢 Operating Margin (%) ★ Buffett's Key Metric
AMD's operating margin for the most recent quarter is 13.7%, compared to -1.7% in the previous quarter, with a long-term trend value of 11.4%. This increase in operating margin reflects improved cost efficiency, higher revenue retention, or a stronger pricing strategy. The rise suggests that AMD is effectively managing its operational expenses while maintaining revenue growth.
Operating Margin
Source: MarketVectors.Pro, AMD Financial Reports (%)
Operating Margin
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🟢 Net Margin (%) ★ Buffett's Key Metric
Net margin for the most recent quarter is 13.4%, compared to 11.3% in the previous quarter, with a long-term trend value of 13.2%. This increase in net margin suggests improved profitability, reflecting stronger cost control, enhanced operational efficiency, or higher revenue retention. The company appears to be effectively managing expenses while maintaining revenue growth, contributing to improved bottom-line performance.
Net Margin
Source: MarketVectors.Pro, AMD Financial Reports (%)
Net Margin
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🟢 Long-Term Debt & EBITDA
The current long-term debt is 2,347 million USD, and EBITDA is 2,106 million USD. The long-term debt to EBITDA ratio for the most recent quarter is 111.4%, compared to 446.3% in the previous quarter, with a long-term trend value of 101.6%. This decline in the long-term debt to EBITDA ratio suggests an improvement in the company's ability to manage and service its long-term debt obligations. The lower ratio indicates stronger financial flexibility, potentially driven by higher earnings generation or reduced leverage.
Long-Term Debt to EBITDA Ratio
Source: MarketVectors.Pro, AMD Financial Reports (%)
The current level remains within the safe range, reflecting a strong balance sheet and manageable debt levels. A declining trend in this ratio is typically a positive sign for investors, as it implies reduced financial risk and an improved capacity to meet long-term liabilities.
Long-Term Debt & EBITDA
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Long-Term Debt to EBITDA Ratio
The current level remains within the safe range, reflecting a strong balance sheet and manageable debt levels. A declining trend in this ratio is typically a positive sign for investors, as it implies reduced financial risk and an improved capacity to meet long-term liabilities.
Long-Term Debt & EBITDA
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🟢 Long-Term Debt & Assets
The current long-term debt is 2,347 million USD, and total assets are 76,891 million USD, resulting in a debt ratio of 3.1%. This decline in the long-term debt-to-assets ratio indicates an improvement in financial stability, as the company is reducing its reliance on long-term debt relative to its total assets. This suggests either an increase in total assets or a reduction in outstanding long-term liabilities.
Long-Term Debt to Assets Ratio
Source: MarketVectors.Pro, AMD Financial Reports (%)
The current level remains within the safe range <40%, reflecting a strong balance sheet and a conservative debt structure. A declining debt-to-assets ratio is generally seen as a positive signal for investors, as it implies lower financial risk and greater balance sheet resilience.
Long-Term Debt & Assets
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Long-Term Debt to Assets Ratio
The current level remains within the safe range <40%, reflecting a strong balance sheet and a conservative debt structure. A declining debt-to-assets ratio is generally seen as a positive signal for investors, as it implies lower financial risk and greater balance sheet resilience.
Long-Term Debt & Assets
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🟢 Long-Term Debt & Equity ★ Buffett's Key Metric
The current long-term debt is 2,347 million USD, while Total Equity stands at 60,790 million USD, resulting in a debt-to-equity ratio of 3.9%. This decline in the long-term debt-to-equity ratio suggests improved financial strength, as the company is reducing its reliance on debt financing relative to its equity base. This may be the result of increased retained earnings, debt repayments, or higher equity financing, all of which contribute to a healthier balance sheet.
Long-Term Debt to Equity Ratio
Source: MarketVectors.Pro, AMD Financial Reports (%)
The current ratio remains within the safe range <50%, indicating a strong balance sheet with low financial risk and a conservative capital structure. A declining debt-to-equity ratio is generally a positive signal for investors, reflecting reduced leverage and improved financial flexibility.
Long-Term Debt & Equity
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Long-Term Debt to Equity Ratio
The current ratio remains within the safe range <50%, indicating a strong balance sheet with low financial risk and a conservative capital structure. A declining debt-to-equity ratio is generally a positive signal for investors, reflecting reduced leverage and improved financial flexibility.
Long-Term Debt & Equity
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🟢 Equity to Assets
The current equity is 60,790 million USD, while total assets stand at 76,891 million USD, resulting in an equity-to-assets ratio of 79.1%. This decline in the equity-to-assets ratio may signal increased financial leverage or a reduction in equity levels. A falling ratio suggests that AMD may be increasing its reliance on debt financing or facing equity dilution, which could affect long-term financial resilience.
Equity to Assets Ratio
Source: MarketVectors.Pro, AMD Financial Reports (%)
The equity-to-assets ratio remains in the healthy above the 40%, demonstrating a well-balanced financial structure. Investors and analysts will closely monitor future capital allocation strategies to determine whether this decrease is a short-term fluctuation or a longer-term structural change.
Equity & Assets
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Equity to Assets Ratio
The equity-to-assets ratio remains in the healthy above the 40%, demonstrating a well-balanced financial structure. Investors and analysts will closely monitor future capital allocation strategies to determine whether this decrease is a short-term fluctuation or a longer-term structural change.
Equity & Assets
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🟡 Quick Ratio
The quick ratio for AMD is 1.68, compared to 1.81 in the previous quarter, with a long-term trend value of 1.75. This decline in the quick ratio may indicate lower liquidity, reduced cash reserves, or an increase in short-term liabilities. Although the ratio has declined, it remains above 1.0, which still reflects strong liquidity; however, the downward trend should be monitored.
Quick Ratio
Source: MarketVectors.Pro, AMD Financial Reports
Quick Ratio
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🟢 Current Ratio
The current ratio for AMD is 2.31, compared to 2.49 in the previous quarter, with a long-term trend value of 2.42. This decline in the current ratio may indicate a higher reliance on short-term liabilities, reduced cash flow, or increased working capital constraints. The ratio remains above the 2.0, meaning liquidity is still strong, but capital efficiency should be optimized.
Current Ratio
Source: MarketVectors.Pro, AMD Financial Reports
Current Ratio
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🟢 Net Working Capital
The net working capital (NWC) for AMD in the most recent quarter is 15,300 million USD, compared to 14,676 million USD in the previous quarter, with a long-term trend value of 16,297 million USD.
Net Working Capital
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Net Working Capital
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🔴 Inventory Turnover Ratio
The inventory turnover ratio for AMD in the most recent quarter is 2.26, compared to 2.12 in the previous quarter. This increase in inventory turnover indicates that AMD is selling goods more rapidly, suggesting strong demand, efficient inventory management, and optimized supply chain processes. The turnover ratio has fallen below the 3.0, indicating low inventory turnover, which may result in excessive stockpiling, potential obsolescence, or weak demand. This situation requires closer monitoring to prevent liquidity constraints.
Inventory Turnover Ratio
Source: MarketVectors.Pro, AMD Financial Reports
Inventory Turnover Ratio
🔴 Asset Turnover Ratio
The assets turnover ratio for AMD in the most recent quarter is 0.42, compared to 0.40 in the previous quarter. This increase in the assets turnover ratio indicates that AMD is utilizing its assets more efficiently to generate revenue. A rising ratio often reflects improved sales performance, better assets utilization, or operational efficiency. The ratio has fallen below the 1.0, suggesting that AMD may have a high level of assets relative to revenue generation. This could indicate underutilized resources or the need for improved asset efficiency.
Assets Turnover Ratio
Source: MarketVectors.Pro, AMD Financial Reports
Assets Turnover Ratio
🔴 Book Value / Share
The book value per share (BVPS) is a key valuation metric that represents the equity value per outstanding share. Calculated by dividing total book value by the number of shares, it helps assess whether a stock trades above or below its book value.
Source: MarketVectors.Pro, AMD Financial Reports (USD)
Book Value per Share Valuation
Source: MarketVectors.Pro, AMD Financial Reports (USD, generated on 1 December 2025)
| Q3 24 | Q3 25 | Change (%) | |
| Book Value / Share | 34.83 | 37.34 | 7.21 % |
Book Value per Share Valuation
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🔴 Graham Method
The intrinsic value of AMD’s stock is calculated using Benjamin Graham’s formula, which takes into account the current earnings per share (EPS) and an assumed growth rate (g), providing a simplified yet insightful perspective on a company’s value.
Benjamin Graham Valuation
Source: MarketVectors.Pro, AMD Financial Reports (USD, generated on 1 December 2025)
Benjamin Graham Valuation
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🔴 Discounted Cash Flow ★ Buffett's Key Metric
The discounted cash flow (DCF) method is used to estimate AMD’s intrinsic value by projecting future cash flows and discounting them to their present value. This approach considers the company’s potential to generate cash flows in the future, taking into account the time value of money and associated risks.
The terminal value represents the value of AMD’s cash flows beyond the five-year forecast horizon. It is calculated using the Gordon Growth Model, assuming a perpetual growth rate of 4.0% and WACC of 10.2%. The calculated terminal value is 264,138 million USD.
Total Intrinsic Value Calculations
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Assuming 1,628 million shares outstanding, the intrinsic value per share is approximately 121.73 USD. The current market price of AMD’s stock is 217.63 USD. Discounted cash flow valuation indicates that the stock is 78.8% overvalued, trading above its intrinsic value.
Discounted Cash Flow Valuation
Source: MarketVectors.Pro, AMD Financial Reports (USD, generated on 1 December 2025)
| Value | |
| Present Value of FCFs | 35,569 |
| Present Value of Terminal Value | 162,600 |
| Total Intrinsic Value | 198,169 |
Discounted Cash Flow Valuation
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🟢 Assets Correlation
The Pearson correlation analysis for AMD examines the relationship between share price and key financial indicators. Gross profit has a correlation of 0.92, which indicates a strong relationship, meaning profitability is a key driver of stock price movements. Operating income is correlated at 0.64, indicating a moderate influence on stock price movements.
Source: MarketVectors.Pro, AMD Financial Reports
Current liabilities are correlated at 0.90, implying that short-term obligations are closely monitored by investors, influencing stock valuation. Total assets have a correlation of 0.81, confirming a strong relationship between asset growth and market performance.
Key Financial Indicators Growth Dynamics
Source: MarketVectors.Pro, AMD Financial Reports, Index=100 on Q1 11
| Pearson Correlation | |
| Share Price | 1 |
| Gross Profit | 0.92 |
| Operating Income | 0.64 |
| Current Liabilities | 0.9 |
| Total Assets | 0.81 |
Key Financial Indicators Growth Dynamics
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🟡 FCF Margin Scenarios
• Optimistic Scenario: 22%, driven by operational efficiencies and cost optimisation.
• Base Case: 17% of revenue, consistent with historical trends.
• Pessimistic Scenario: 12%, reflecting higher operating and labour costs. Impact of Changes in FCF Margin
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
An approximately 5-percentage-point increase in the FCF margin to 22%, results in an additional 1,598 milion USD in FCF, highlighting the critical role of operational efficiency. Conversely, a decrease to 12% reduces FCF by 1,605 milion USD, illustrating the significant impact of profitability on cash flow generation.
Projected FCF Margin Scenarios Source: MarketVectors.Pro, AMD Financial Reports (million USD)
• Base Case: 17% of revenue, consistent with historical trends.
• Pessimistic Scenario: 12%, reflecting higher operating and labour costs. Impact of Changes in FCF Margin
| FCF Margin (%) | Revenue TTM | FCF TTM | Difference | |
| Optimistic | 22% | 32,027 | 7,046 | 1,598 |
| Base Case | 17% | 32,027 | 5,448 | – |
| Pessimistic | 12% | 32,027 | 3,843 | -1,605 |
Projected FCF Margin Scenarios Source: MarketVectors.Pro, AMD Financial Reports (million USD)
🟡 Operating Costs Scenarios
• Optimistic Scenario: 88%, reflecting enhanced efficiency and lower costs.
• Base Case: 91% of revenue, aligned with historical trends and cost structures.
• Pessimistic Scenario: 94%, driven by rising wages and increased energy costs. Impact of Changes in FCF Margin
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Reducing operational costs to 88% of revenue leads to a 1,030 milion USD increase in operating profit, emphasising the significance of cost control in enhancing margins. Increasing costs to 94% of revenue results in a 891 milion USD decline in operating profit, highlighting the sensitivity of profitability to rising expenses.
Projected Operating Costs Scenarios Source: MarketVectors.Pro, AMD Financial Reports (million USD)
• Base Case: 91% of revenue, aligned with historical trends and cost structures.
• Pessimistic Scenario: 94%, driven by rising wages and increased energy costs. Impact of Changes in FCF Margin
| Operating Costs (%) | Revenue TTM | Operating Profit | Difference | |
| Optimistic | 88% | 32,027 | 3,843 | 1,030 |
| Base Case | 91% | 32,027 | 2,813 | – |
| Pessimistic | 94% | 32,027 | 1,922 | -891 |
Projected Operating Costs Scenarios Source: MarketVectors.Pro, AMD Financial Reports (million USD)
🟡 Revenue Growth Scenarios
Optimistic Scenario: Projected to grow by 36% annually, driven by:
• Robust macroeconomic conditions.
• Strong industry growth with minimal disruptions.
• Favorable regulatory and competitive environment. Base Case: Projected to grow by 30% annually, driven by: • Stable macroeconomic conditions.
• Balanced market growth with manageable risks.
• Limited external disruptions from regulation or supply chains. Pessimistic Scenario: Projected to grow by 24% annually, driven by: • Global economic uncertainty and potential downturn.
• Increased competition and rising operational costs.
• Regulatory and supply chain challenges impacting business operations.
Source: MarketVectors.Pro, AMD Financial Reports (million USD, TTM)
The projected revenue for the next twelve months varies depending on the scenario. Under the optimistic scenario, revenue is expected to increase by 36% to 43,533 million USD, reflecting strong market growth and operational efficiency. In the base case scenario, revenue is forecasted to grow by 30% to 41,616 million USD, assuming stable economic conditions and consistent business expansion. However, under the pessimistic scenario, revenue is projected to increase by 24% to 39,698 million USD, reflecting potential economic slowdowns or adverse market conditions.
Projected Revenues Source: MarketVectors.Pro, AMD Financial Reports (million USD)
The variation between projected scenarios highlights the AMD's ability to perform across a range of market conditions. The growth even in the pessimistic case reflects a degree of resilience and suggests a strong underlying business model. This outlook supports confidence in management’s ability to navigate uncertainty while sustaining forward momentum. Scenario analysis enhances strategic visibility, helping stakeholders understand the potential bandwidth of future results.
• Strong industry growth with minimal disruptions.
• Favorable regulatory and competitive environment. Base Case: Projected to grow by 30% annually, driven by: • Stable macroeconomic conditions.
• Balanced market growth with manageable risks.
• Limited external disruptions from regulation or supply chains. Pessimistic Scenario: Projected to grow by 24% annually, driven by: • Global economic uncertainty and potential downturn.
• Increased competition and rising operational costs.
• Regulatory and supply chain challenges impacting business operations.
| Revenue | Net Income | Revenue (Next) | Net Income (Next) | |
| Optimistic | 32,027 | 3,306 | 43,533 | 4,494 |
| Base Case | 32,027 | 3,306 | 41,616 | 4,296 |
| Pessimistic | 32,027 | 3,306 | 39,698 | 4,098 |
Projected Revenues Source: MarketVectors.Pro, AMD Financial Reports (million USD)
The variation between projected scenarios highlights the AMD's ability to perform across a range of market conditions. The growth even in the pessimistic case reflects a degree of resilience and suggests a strong underlying business model. This outlook supports confidence in management’s ability to navigate uncertainty while sustaining forward momentum. Scenario analysis enhances strategic visibility, helping stakeholders understand the potential bandwidth of future results.
🟡 Net Income Growth Scenarios
The projected net income for the next twelve months varies depending on the scenario. Under the optimistic scenario, net income is expected to increase by 36% to 4,494 million USD, reflecting improved profitability and strong financial performance. In the base case scenario, net income is forecasted to grow by 30% to 4,296 million USD, assuming stable market conditions and effective cost management. However, under the pessimistic scenario, net income is projected to increase by 24% to 4,098 million USD, reflecting potential challenges such as higher operational costs or slowing revenue growth.
Projected Net Income Source: MarketVectors.Pro, AMD Financial Reports (million USD)
The projected resilience in net income across all scenarios suggests a stable underlying profitability profile. Even under adverse assumptions, the AMD is expected to maintain earnings growth, indicating effective cost controls and strong core operations. This consistency can help support valuation multiples and reduce perceived investment risk. Scenario modeling enhances transparency and strengthens the credibility of financial forecasting in the eyes of stakeholders.
Projected Net Income Source: MarketVectors.Pro, AMD Financial Reports (million USD)
The projected resilience in net income across all scenarios suggests a stable underlying profitability profile. Even under adverse assumptions, the AMD is expected to maintain earnings growth, indicating effective cost controls and strong core operations. This consistency can help support valuation multiples and reduce perceived investment risk. Scenario modeling enhances transparency and strengthens the credibility of financial forecasting in the eyes of stakeholders.
🟡 Financial Performance Overview
AMD demonstrated stronger financial performance in the most recent period, reflecting strong revenue growth, operational efficiency, and profitability improvements revenue increased by 35.6% year-over-year, reaching 9,246 million USD, supported by strong sales performance across all key markets. At the same time, EBITDA grew by 39.5% year-over-year, totaling 2,106 million USD, driven by cost optimization and higher-margin business segments.
Revenue & Net Income
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
Notably, net income surged by 61.2% year-over-year, reaching 1,243 million USD, improving AMD's net margin, which expanded to 13.4%. This growth reflects effective expense control and revenue expansion, strengthening the company’s bottom-line performance.
Revenue & Net Income
Notably, net income surged by 61.2% year-over-year, reaching 1,243 million USD, improving AMD's net margin, which expanded to 13.4%. This growth reflects effective expense control and revenue expansion, strengthening the company’s bottom-line performance.
Key Performance Indicators (KPIs)
Source: MarketVectors.Pro, AMD Financial Reports (YoY)
Valuation & Market Position
AMD’s valuation metrics indicate a weakened financial standing. The EV to EBITDA (TTM) ratio currently stands at 70.32, increasing from 52.23, reflecting improved operating earnings (EBITDA), suggesting stronger fundamentals. This suggests a high enterprise valuation relative to earnings.
EV to EBITDA Ratio
Source: MarketVectors.Pro, AMD Financial Reports (TTM)
The EV to EBITDA trendline illustrates AMD’s valuation trajectory, with an increasing enterprise value supported by improving earnings, suggesting healthy investor confidence.
Source: MarketVectors.Pro, AMD Financial Reports (TTM)
Meanwhile, the P/E (Price to Earnings) ratio has increased to 125.6, down from 120.5 a year ago, which may indicate heightened investor expectations for future profitability. The P/S (Price to Sales) ratio has risen to 12.97, compared to 7.67 a year ago, reinforcing AMD’s higher market capitalization relative to revenue.
| Change (%) | |
| Revenue Growth | 35.6% |
| EBITDA Growth | 39.5% |
| Net Income Growth | 61.2% |
| Net Margin | 13.4% |
| EPS | 81.9% |
EV to EBITDA Ratio
The EV to EBITDA trendline illustrates AMD’s valuation trajectory, with an increasing enterprise value supported by improving earnings, suggesting healthy investor confidence.
| Ratio (TTM) | |
| EV/EBITDA | 70.32 |
| P/E Ratio | 107.17 |
| P/S Ratio | 12.97 |
Cash Flow & Liquidity ★ Buffett's Key Metric
AMD maintains a strengthened cash flow position, highlighting improved liquidity and prudent financial management. The increase in cash flow suggests enhanced operational efficiency and a stronger ability to meet financial obligations.
• Free Cash Flow (FCF) – totaled 1,901 million USD, marking an improvement in liquidity.
• Net Operating Cash Flow – increased by 176.2% year-over-year, reaching 928 million USD, showcasing strong core business cash generation.
• Long-term debt – increased by 52.8%, strengthening the company’s financial structure and reducing interest burdens.
AMD’s ability to generate substantial cash flow while increasing debt reinforces its financial flexibility, though ongoing financial management is essential to sustain long-term growth and strategic investments.
Free Cash Flow
Source: MarketVectors.Pro, AMD Financial Reports (million USD)
AMD's financial performance in the most recent quarter shows that EBITDA reached 2,106 million USD, reflecting improved operational efficiency and earnings growth. The company's return on equity (ROE) is 5.4%, suggesting enhanced capital utilization and stronger profitability. The long-term debt-to-equity ratio stands at 3.9%, indicating a more resilient balance sheet and lower financial risk. The quick ratio is 1.68, highlighting tightened liquidity conditions and the need for cautious cash management. The EV/EBITDA ratio is currently 70.32x, suggesting that the stock may be trading at a premium, potentially pricing in high growth expectations. Overall, AMD’s financial health remains strong, with consistent revenue expansion, cost efficiency improvements, and strong liquidity. Meanwhile, the P/E ratio is increasing, while AMD’s long-term prospects remain positive.
Free Cash Flow
AMD's financial performance in the most recent quarter shows that EBITDA reached 2,106 million USD, reflecting improved operational efficiency and earnings growth. The company's return on equity (ROE) is 5.4%, suggesting enhanced capital utilization and stronger profitability. The long-term debt-to-equity ratio stands at 3.9%, indicating a more resilient balance sheet and lower financial risk. The quick ratio is 1.68, highlighting tightened liquidity conditions and the need for cautious cash management. The EV/EBITDA ratio is currently 70.32x, suggesting that the stock may be trading at a premium, potentially pricing in high growth expectations. Overall, AMD’s financial health remains strong, with consistent revenue expansion, cost efficiency improvements, and strong liquidity. Meanwhile, the P/E ratio is increasing, while AMD’s long-term prospects remain positive.
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