Stock Analysis on Net

Advanced Micro Devices Inc. (NASDAQ:AMD) 

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Advanced Micro Devices Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $191.06
No. shares of common stock outstanding 1,615,786,841
US$ in millions
Common equity (market value)1 308,712
Total equity 308,712
Add: Current portion of long-term debt, net (per books) 751
Add: Long-term debt, net of current portion (per books) 1,717
Total equity and debt 311,180
Less: Cash and cash equivalents 3,933
Less: Short-term investments 1,840
Enterprise value (EV) 305,407

Based on: 10-K (reporting date: 2023-12-30).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 191.06 × 1,615,786,841


Historical Enterprise Value (EV)

Advanced Micro Devices Inc., EV calculation

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Share price1, 2 $167.69 $78.77 $120.08 $85.64 $49.45
No. shares of common stock outstanding1 1,615,786,841 1,611,388,217 1,199,303,422 1,211,280,009 1,169,661,536
US$ in millions
Common equity (market value)3 270,951 126,929 144,012 103,734 57,840
Total equity 270,951 126,929 144,012 103,734 57,840
Add: Current portion of long-term debt, net (book value) 751 312
Add: Long-term debt, net of current portion (book value) 1,717 2,467 1 330 486
Total equity and debt 273,419 129,396 144,325 104,064 58,326
Less: Cash and cash equivalents 3,933 4,835 2,535 1,595 1,466
Less: Short-term investments 1,840 1,020 1,073 695 37
Enterprise value (EV) 267,646 123,541 140,717 101,774 56,823

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 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Advanced Micro Devices Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 167.69 × 1,615,786,841

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Advanced Micro Devices Inc. EV decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.