# Advanced Micro Devices Inc. (AMD) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Semiconductors & Semiconductor Equipment. Price $477.57, market value $779.6 billion.

## Valuation
- **P/E (trailing): 121.8×** (5-yr avg 123.7×, 3-yr avg 161.5×). Advanced Micro Devices Inc. trades at 121.8× trailing earnings, close to its own five-year average of 123.7×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 30.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.19**. A PEG of 0.19 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 18.9×**. Each dollar of revenue is priced at 18.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 11.6×**. The shares trade at 11.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 1.1%** (5-yr avg 1.7%). Free cash flow equals 1.1% of the market value, below its five-year average of 1.7%, so the shares are pricier on cash than usual.
- **Earnings yield: 0.8%**. The inverse of the P/E: 0.8% of the price is earned each year.

## Profitability
- **Gross margin: 53.2%**. Advanced Micro Devices Inc. keeps 53.2% of revenue after the direct cost of what it sells.
- **Operating margin: 15.7%**. 15.7% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.5%**. 12.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.9%**. 6.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 8.4%**. Return on all capital, debt included, is 8.4%.
- **Return on assets: 8.4%**. Each dollar of assets produces 8.4% of profit.

## Growth
- **Revenue growth (1 yr): 34.3%** (3-yr 13.6%/yr, 5-yr 28.8%/yr). Revenue grew 34.3% over the last year, against 28.8% a year compounded over five years.
- **EPS growth (1 yr): 165.0%** (3-yr 46.7%/yr, 5-yr 5.2%/yr). Earnings per share rose 165.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 29.3%/yr**. Free cash flow has compounded at 29.3% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.05**. Debt is 0.05 times equity: a conservative balance sheet.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Advanced Micro Devices Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (49 analysts). 49 analysts cover Advanced Micro Devices Inc.; the consensus is strong_buy, with an average price target of $613.84 (+29% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 195.2%** (YTD 123.0%, 3-mo 2.4%). The shares are up 195.2% over twelve months including dividends.
- **From 52-week high: -18.3%** (218.7% above the low). Trading 18% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 3.09** (volatility 72%). Beta of 3.09 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AMD · Page: https://foliofundamentals.com/stocks/amd

Not investment advice.