Advanced Micro Devices Valuation
Is AMD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of AMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
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Below Future Cash Flow Value: AMD (CHF500.3) is trading below our estimate of future cash flow value (CHF591.83)
Significantly Below Future Cash Flow Value: AMD is trading below future cash flow value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AMD?
Key metric: As AMD is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is AMD's PS Ratio? | |
|---|---|
| PS Ratio | 24.3x |
| Sales | US$41.31b |
| Market Cap | US$1.00t |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 24.1x |
| Enterprise Value/EBITDA | 104.2x |
| PEG Ratio | 4x |
Price to Sales Ratio vs Peers
How does AMD's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 10.4x | ||
AMS ams-OSRAM | 0.7x | 6.08% | CHF 2.1b |
AVGO Broadcom | 19.4x | 33.80% | US$1.7t |
2330 Taiwan Semiconductor Manufacturing | 14.4x | 22.65% | NT$64.3t |
A000660 SK hynix | 7.1x | 33.83% | ₩1361.5t |
AMD Advanced Micro Devices | 24.3x | 32.08% | CHF 1.0t |
Price-To-Sales vs Peers: AMD is expensive based on its Price-To-Sales Ratio (24.3x) compared to the peer average (10.4x).
Historical Price to Sales Ratio
Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.
Fetching historical data
Price to Sales Ratio vs Industry
How does AMD's PS Ratio compare vs other companies in the European Semiconductor Industry?
| 10 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 10 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: AMD is expensive based on its Price-To-Sales Ratio (24.3x) compared to the European Semiconductor industry average (4.4x).
Price to Sales Ratio vs Fair Ratio
What is AMD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 24.3x |
| Fair PS Ratio | 17.8x |
Price-To-Sales vs Fair Ratio: AMD is expensive based on its Price-To-Sales Ratio (24.3x) compared to the estimated Fair Price-To-Sales Ratio (17.8x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | CHF 500.30 | CHF 506.25 +1.19% | 19.44% | CHF 1,026.45 | CHF 299.72 | n/a | 50 |
| Sep ’27 | CHF 371.20 | CHF 496.70 +33.81% | 19.64% | CHF 1,011.46 | CHF 295.35 | n/a | 49 |
| Aug ’27 | CHF 388.25 | CHF 468.13 +20.57% | 24.09% | CHF 1,010.46 | CHF 258.68 | n/a | 47 |
| Jul ’27 | CHF 449.25 | CHF 410.70 -8.58% | 16.27% | CHF 565.58 | CHF 258.55 | n/a | 48 |
| Jun ’27 | CHF 403.61 | CHF 377.39 -6.50% | 15.95% | CHF 523.10 | CHF 176.99 | n/a | 48 |
| May ’27 | CHF 253.91 | CHF 237.82 -6.34% | 14.75% | CHF 355.67 | CHF 175.88 | n/a | 46 |
| Apr ’27 | CHF 166.92 | CHF 230.16 +37.89% | 12.59% | CHF 290.08 | CHF 174.84 | n/a | 46 |
| Mar ’27 | CHF 155.20 | CHF 223.14 +43.78% | 12.30% | CHF 280.60 | CHF 169.13 | n/a | 47 |
| Feb ’27 | CHF 186.73 | CHF 223.57 +19.73% | 12.44% | CHF 293.74 | CHF 162.33 | n/a | 46 |
| Jan ’27 | CHF 168.83 | CHF 226.96 +34.43% | 12.10% | CHF 302.27 | CHF 159.09 | n/a | 42 |
| Dec ’26 | n/a | CHF 230.25 0% | 13.50% | CHF 305.84 | CHF 144.87 | n/a | 42 |
| Nov ’26 | n/a | CHF 196.99 0% | 19.93% | CHF 281.63 | CHF 100.66 | n/a | 44 |
| Oct ’26 | n/a | CHF 148.30 0% | 13.34% | CHF 183.42 | CHF 99.76 | n/a | 43 |
| Sep ’26 | n/a | CHF 149.14 0% | 13.21% | CHF 184.04 | CHF 100.10 | CHF 371.20 | 44 |
| Aug ’26 | n/a | CHF 124.49 0% | 19.01% | CHF 179.54 | CHF 89.36 | CHF 388.25 | 45 |
| Jul ’26 | n/a | CHF 104.65 0% | 14.96% | CHF 158.68 | CHF 75.37 | CHF 449.25 | 44 |
| Jun ’26 | n/a | CHF 104.88 0% | 14.93% | CHF 164.55 | CHF 78.16 | CHF 403.61 | 45 |
| May ’26 | n/a | CHF 110.45 0% | 21.30% | CHF 165.06 | CHF 57.77 | CHF 253.91 | 42 |
| Apr ’26 | n/a | CHF 129.52 0% | 18.05% | CHF 198.88 | CHF 79.55 | CHF 166.92 | 44 |
| Mar ’26 | n/a | CHF 133.92 0% | 17.06% | CHF 203.13 | CHF 81.25 | CHF 155.20 | 43 |
| Feb ’26 | CHF 30.00 | CHF 154.06 +413.53% | 14.90% | CHF 227.68 | CHF 100.18 | CHF 186.73 | 44 |
| Jan ’26 | CHF 30.00 | CHF 165.69 +452.29% | 12.27% | CHF 225.96 | CHF 131.06 | CHF 168.83 | 45 |
| Dec ’25 | CHF 30.00 | CHF 163.01 +443.35% | 11.26% | CHF 220.12 | CHF 128.55 | n/a | 45 |
| Nov ’25 | CHF 30.00 | CHF 162.06 +440.20% | 10.83% | CHF 217.65 | CHF 127.11 | n/a | 44 |
| Oct ’25 | CHF 30.00 | CHF 158.06 +426.87% | 12.12% | CHF 211.41 | CHF 118.39 | n/a | 43 |
| Sep ’25 | CHF 30.00 | CHF 157.72 +425.73% | 11.70% | CHF 210.59 | CHF 117.93 | n/a | 43 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/22 05:36 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/06/27 |
| Annual Earnings | 2025/12/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Advanced Micro Devices, Inc. is covered by 79 analysts. 52 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stefan Chang | Aletheia Analyst Network Limited |
| Janco Venter | Arete Research Services LLP |
| Brett Simpson | Arete Research Services LLP |