Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD) 

Market Value Added (MVA)

Microsoft Excel

MVA

Advanced Micro Devices Inc., MVA calculation

US$ in millions

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Fair value of debt1 2,371 2,281 341 642 1,823
Operating lease liability 641 489 419 242 242
Market value of common equity 270,951 126,929 144,012 103,734 57,840
Less: Short-term investments 1,840 1,020 1,073 695 37
Market (fair) value of AMD 272,123 128,679 143,699 103,923 59,868
Less: Invested capital2 57,883 58,525 6,195 4,364 3,408
MVA 214,240 70,154 137,504 99,559 56,460

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 Fair value of debt. See details »

2 Invested capital. See details »

Item Description The company
MVA Advanced Micro Devices Inc. market (fair) value less invested capital. Advanced Micro Devices Inc. MVA decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

MVA Spread Ratio

Advanced Micro Devices Inc., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Selected Financial Data (US$ in millions)
Market value added (MVA)1 214,240 70,154 137,504 99,559 56,460
Invested capital2 57,883 58,525 6,195 4,364 3,408
Performance Ratio
MVA spread ratio3 370.13% 119.87% 2,219.60% 2,281.37% 1,656.68%
Benchmarks
MVA Spread Ratio, Competitors4
Analog Devices Inc. 117.77% 103.56% 117.94% 210.89% 164.19%
Applied Materials Inc. 671.06% 515.59% 815.05% 555.54% 482.20%
Broadcom Inc. 780.15% 327.92% 373.47% 237.74% 168.52%
Enphase Energy Inc. 1,164.86% 2,210.66% 2,481.12% 2,681.46% 1,316.38%
Intel Corp. 136.50% 56.17% 138.47% 204.49% 286.44%
KLA Corp. 749.44% 664.92% 735.85% 430.36% 274.54%
Lam Research Corp. 510.18% 411.90% 697.09% 503.38% 326.52%
Micron Technology Inc. 65.44% 17.24% 80.72% 54.74% 45.95%
NVIDIA Corp. 2,592.75% 3,534.07% 2,454.59% 1,247.43% 1,776.46%
ON Semiconductor Corp. 242.64% 312.72% 289.98% 209.73% 87.91%
Qualcomm Inc. 331.81% 372.61% 739.14% 815.45% 438.33%
Texas Instruments Inc. 565.70% 853.39% 887.48% 1,141.98% 946.70%

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 MVA. See details »

2 Invested capital. See details »

3 2023 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 214,240 ÷ 57,883 = 370.13%

4 Click competitor name to see calculations.

Performance ratio Description The company
MVA spread ratio The ratio of MVA to invested capital. It measures the efficiency with which investors’ capital investment has translated into a franchise value and into an aggregate net present value premium. Advanced Micro Devices Inc. MVA spread ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

MVA Margin

Advanced Micro Devices Inc., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Selected Financial Data (US$ in millions)
Market value added (MVA)1 214,240 70,154 137,504 99,559 56,460
Net revenue 22,680 23,601 16,434 9,763 6,731
Performance Ratio
MVA margin2 944.62% 297.25% 836.71% 1,019.76% 838.80%
Benchmarks
MVA Margin, Competitors3
Analog Devices Inc. 422.86% 388.08% 757.72% 685.43% 502.84%
Applied Materials Inc. 449.88% 297.74% 520.10% 422.74% 334.35%
Broadcom Inc. 1,364.98% 613.42% 879.58% 656.07% 447.69%
Enphase Energy Inc. 630.54% 1,158.23% 1,325.36% 3,332.57% 999.97%
Intel Corp. 231.83% 78.99% 155.07% 215.26% 320.84%
KLA Corp. 595.30% 562.17% 725.25% 482.13% 383.29%
Lam Research Corp. 444.18% 298.83% 497.71% 492.91% 285.01%
Micron Technology Inc. 225.16% 29.56% 135.02% 108.00% 76.12%
NVIDIA Corp. 2,051.27% 2,368.93% 1,919.01% 1,615.83% 725.25%
ON Semiconductor Corp. 321.21% 351.98% 325.29% 274.96% 109.25%
Qualcomm Inc. 291.70% 248.18% 445.16% 615.38% 387.14%
Texas Instruments Inc. 729.45% 748.35% 793.86% 1,023.69% 793.53%

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 MVA. See details »

2 2023 Calculation
MVA margin = 100 × MVA ÷ Net revenue
= 100 × 214,240 ÷ 22,680 = 944.62%

3 Click competitor name to see calculations.

Performance ratio Description The company
MVA margin The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. Advanced Micro Devices Inc. MVA margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.