Financials AMD (Advanced Micro Devices)

Equities

AMD

US0079031078

Semiconductors

Market Closed - Nasdaq 01:30:00 27/04/2024 am IST After market 05:29:12 am
157.4 USD +2.37% Intraday chart for AMD (Advanced Micro Devices) 157.5 +0.06%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 51,829 1,11,124 1,75,285 1,04,432 2,38,141 2,54,380 - -
Enterprise Value (EV) 1 50,812 1,09,164 1,71,990 1,01,044 2,34,836 2,47,949 2,43,823 2,39,894
P/E ratio 152 x 44.8 x 56.5 x 77.1 x 278 x 83.8 x 42.8 x 32 x
Yield - - - - - - - -
Capitalization / Revenue 7.7 x 11.4 x 10.7 x 4.42 x 10.5 x 9.9 x 7.86 x 6.4 x
EV / Revenue 7.55 x 11.2 x 10.5 x 4.28 x 10.4 x 9.65 x 7.53 x 6.04 x
EV / EBITDA 47.8 x 55.4 x 38.4 x 14.5 x 35.2 x 48.1 x 26.4 x 18.9 x
EV / FCF 184 x 140 x 53.4 x 32.4 x 209 x 47.3 x 33.9 x 26.3 x
FCF Yield 0.54% 0.71% 1.87% 3.08% 0.48% 2.11% 2.95% 3.8%
Price to Book 18 x 19.1 x 23.8 x 1.85 x 4.26 x 4.35 x 4.04 x 3.71 x
Nbr of stocks (in thousands) 11,38,599 12,04,074 12,07,610 16,12,356 16,15,499 16,16,140 - -
Reference price 2 45.52 92.29 145.2 64.77 147.4 157.4 157.4 157.4
Announcement Date 28/01/20 26/01/21 01/02/22 31/01/23 30/01/24 - - -
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 25,696 32,380 39,725
EBITDA 1 1,062 1,969 4,476 6,971 6,665 5,156 9,234 12,670
EBIT 1 840 1,657 4,069 6,345 4,854 6,656 9,974 12,946
Operating Margin 12.48% 16.97% 24.76% 26.88% 21.4% 25.9% 30.8% 32.59%
Earnings before Tax (EBT) 1 372 1,275 3,669 1,184 492 2,647 6,343 8,543
Net income 1 341 2,490 3,162 1,320 854 3,018 6,398 8,169
Net margin 5.07% 25.5% 19.24% 5.59% 3.77% 11.74% 19.76% 20.57%
EPS 2 0.3000 2.060 2.570 0.8400 0.5300 1.878 3.675 4.912
Free Cash Flow 1 276 777 3,220 3,115 1,121 5,242 7,193 9,125
FCF margin 4.1% 7.96% 19.59% 13.2% 4.94% 20.4% 22.21% 22.97%
FCF Conversion (EBITDA) 25.99% 39.46% 71.94% 44.69% 16.82% 101.67% 77.89% 72.02%
FCF Conversion (Net income) 80.94% 31.2% 101.83% 235.98% 131.26% 173.71% 112.43% 111.7%
Dividend per Share 2 - - - - - - - -
Announcement Date 28/01/20 26/01/21 01/02/22 31/01/23 30/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 4,313 4,826 5,887 6,550 5,565 5,599 5,353 5,359 5,800 6,168 5,452 5,689 6,792 7,758 7,271
EBITDA 1 1,152 1,446 1,967 2,139 1,427 1,438 837 829 1,047 1,776 550.9 660.8 1,248 1,756 1,756
EBIT 1 1,055 1,328 1,837 1,982 1,264 1,262 1,098 1,068 1,276 1,412 1,102 1,262 1,850 2,416 2,077
Operating Margin 24.46% 27.52% 31.2% 30.26% 22.71% 22.54% 20.51% 19.93% 22% 22.89% 20.21% 22.19% 27.25% 31.14% 28.57%
Earnings before Tax (EBT) 1 1,003 1,203 896 497 -73 -136 -127 -2 257 364 118.2 285.1 775.4 1,315 1,222
Net income 1 923 974 786 447 66 21 -139 27 299 667 317.9 436.1 929 1,449 1,253
Net margin 21.4% 20.18% 13.35% 6.82% 1.19% 0.38% -2.6% 0.5% 5.16% 10.81% 5.83% 7.66% 13.68% 18.68% 17.23%
EPS 2 0.7500 0.8000 0.5600 0.2700 0.0400 0.0100 -0.0900 0.0200 0.1800 0.4100 0.1707 0.2441 0.5664 0.8897 0.7789
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 26/10/21 01/02/22 03/05/22 02/08/22 01/11/22 31/01/23 02/05/23 01/08/23 31/10/23 30/01/24 - - - - -
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 6,431 10,558 14,486
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 276 777 3,220 3,115 1,121 5,242 7,193 9,125
ROE (net income / shareholders' equity) 36.9% 36.4% 51.5% 17.7% 7.78% 10.6% 16.2% 19.2%
ROA (Net income/ Total Assets) 14.3% 21% 32.1% 13.8% 5.04% 8.26% 10.5% 13.6%
Assets 1 2,387 11,849 9,841 9,593 16,933 36,519 60,950 60,113
Book Value Per Share 2 2.520 4.840 6.100 35.10 34.60 36.20 39.00 42.40
Cash Flow per Share 2 0.4400 0.8900 2.860 2.270 1.030 1.740 4.830 5.300
Capex 1 217 294 301 450 546 574 660 814
Capex / Sales 3.22% 3.01% 1.83% 1.91% 2.41% 2.23% 2.04% 2.05%
Announcement Date 28/01/20 26/01/21 01/02/22 31/01/23 30/01/24 - - -
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
48
Last Close Price
157.4 USD
Average target price
197 USD
Spread / Average Target
+25.17%
Consensus
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