Advanced Roic vs Free Cash Flow Yield Analysis
AMD Stock | USD 136.24 1.48 1.07% |
Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Devices is a good investment. Please check the relationship between Advanced Micro Roic and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Roic vs Free Cash Flow Yield
Roic vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Micro Devices Roic account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Advanced Micro's Roic and Free Cash Flow Yield is -0.13. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Advanced Micro Devices, assuming nothing else is changed. The correlation between historical values of Advanced Micro's Roic and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Advanced Micro Devices are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Roic i.e., Advanced Micro's Roic and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Advanced Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Micro Devices current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Advanced Micro's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.10, whereas Tax Provision is projected to grow to (192.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 47M | 34M | 106M | 100.7M | Depreciation And Amortization | 354M | 55M | 3.6B | 3.7B |
Advanced Micro fundamental ratios Correlations
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Advanced Micro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advanced Micro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.0B | 9.0B | 12.4B | 67.6B | 67.9B | 71.3B | |
Total Current Liabilities | 2.4B | 2.4B | 4.2B | 6.4B | 6.7B | 7.0B | |
Total Stockholder Equity | 2.8B | 5.8B | 7.5B | 54.8B | 55.9B | 58.7B | |
Retained Earnings | (7.1B) | (4.6B) | (1.5B) | (131M) | 723M | 759.2M | |
Non Currrent Assets Other | 357M | (866M) | 373M | 1.5B | 2.8B | 2.9B | |
Cash And Short Term Investments | 1.5B | 2.3B | 3.6B | 5.9B | 5.8B | 6.1B | |
Net Receivables | 1.9B | 2.1B | 2.7B | 4.1B | 5.4B | 5.7B | |
Common Stock Shares Outstanding | 1.1B | 1.2B | 1.2B | 1.6B | 1.6B | 1.7B | |
Liabilities And Stockholders Equity | 6.0B | 9.0B | 12.4B | 67.6B | 67.9B | 71.3B | |
Inventory | 982M | 1.4B | 2.0B | 3.8B | 4.4B | 4.6B | |
Other Stockholder Equity | 9.9B | 17M | (3M) | (41M) | 55.2B | 57.9B | |
Total Liab | 3.2B | 3.1B | 4.9B | 12.8B | 12.0B | 12.6B | |
Property Plant And Equipment Gross | 500M | 641M | 702M | 2.0B | 4.0B | 2.6B | |
Total Current Assets | 4.6B | 6.1B | 8.6B | 15.0B | 16.8B | 17.6B | |
Cash And Equivalents | 1.5B | 1.6B | 2.5B | 4.8B | 5.6B | 5.8B | |
Short Term Debt | 70M | 136M | 43M | 312M | 751M | 788.6M | |
Current Deferred Revenue | 22M | 1.3B | 2M | 859M | 544M | 571.2M | |
Short Term Investments | 37M | 695M | 1.1B | 1.0B | 1.8B | 1.9B | |
Other Assets | 169M | 1.4B | 2.1B | 1.8B | 2.1B | 2.2B | |
Long Term Debt | 486M | 330M | 1M | 2.5B | 1.7B | 1.6B | |
Property Plant Equipment | 500M | 849M | 1.1B | 2.0B | 1.8B | 1.5B | |
Treasury Stock | (50M) | (53M) | (131M) | (2.1B) | (1.9B) | (1.8B) | |
Intangible Assets | 210M | 229M | 328M | 24.5B | 21.4B | 22.4B | |
Net Tangible Assets | 2.7B | 6.0B | 7.2B | 6.1B | 7.0B | 7.4B | |
Retained Earnings Total Equity | (7.4B) | (7.1B) | (4.6B) | (1.5B) | (1.7B) | (1.8B) | |
Long Term Debt Total | 486M | 330M | 1M | 2.5B | 2.2B | 1.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Advanced Micro Devices is a strong investment it is important to analyze Advanced Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Micro's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advanced Micro. If investors know Advanced will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advanced Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.611 | Earnings Share 1.13 | Revenue Per Share 15.011 | Quarterly Revenue Growth 0.176 | Return On Assets 0.0125 |
The market value of Advanced Micro Devices is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Micro's value that differs from its market value or its book value, called intrinsic value, which is Advanced Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advanced Micro's market value can be influenced by many factors that don't directly affect Advanced Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.