Discount Rate 10% Terminal V(FCF * (1 + g)) / (d - g)

Shares outstanding 1.215 billion Perpuity m 8.35

Growth Rate 40%, 50% 0.08 104.38
Perpetual Growth Rate 2% same as US GDP growth rate

30% Growth Rate

Free Cash Flow 2Q 2021 2022 2023 2024 2025 2026 Terminal Value
1.73 2.25 2.92 3.80 4.94 6.42 104.38
PV Discount Rate 0.91 0.83 0.75 0.68 0.62
Present Value 2.04 2.42 2.86 3.37 3.99 104.38

Intrinsic Value 119.06 billion usd

Shares Outstanding 1.22 billion
Intrinsic Value per Share 97.99
13.03
40% Growth Rate 0.08 162.83
Free Cash Flow 2Q 2021 2022 2023 2024 2025 2026 Terminal Value
1.73 2.42 3.39 4.75 6.65 9.30 162.83
PV Discount Rate 0.91 0.83 0.75 0.68 0.62
Present Value 2.20 2.80 3.57 4.54 5.78

Intrinsic Value 181.71 billion usd

Shares Outstanding 1.22 billion
Intrinsic Value per Share 149.56
19.71
50% Growth Rate 0.08 246.32
Free Cash Flow 2Q 2021 2022 2023 2024 2025 2026 Terminal Value
1.73 2.60 3.89 5.84 8.76 13.14 246.32
PV Discount Rate 0.91 0.83 0.75 0.68 0.62
Present Value 2.36 3.22 4.39 5.98 8.16

Intrinsic Value 270.42 billion usd

Shares Outstanding 1.22 billion
Intrinsic Value per Share 222.57

DCF Model
Current 30% 40% 50%
Intrinsic Value (in Billions) 119.06 181.71 270.42
Intrinsic Value per Share 97.99 149.56 222.57
 AMD Industry

P/E Ratio TTM 39.73 37.86

Price to Sales TTM 10.12 9.15
Price to Cash Flow MRQ 173.78 160.21
Price to Free Cash Flow TTM 54.78 50.55
Price to Book MRQ 19.11 10.05
Price to Tangible Book MRQ 20.55 14.17
Revenue/Share TTM 10.88 23.6
Basic EPS ANN 2.1 3.62
Return on Equity TTM 66.27% 27.43
Return on Assets TTM 39.69% 14.38
Return on Investment TTM 57.38% 16.65
Return on Investment 5YA 10.59% 14.34
Current Ratio MRQ 2.7 2.8
LT Debt to Equity MRQ 4.43% 59.13
Total Debt to Equity MRQ 4.43% 63.23