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Advanced Micro Devices — 护城河评估

$打开交互终端运行 `audit moat` 并使用自定义选项。→
资本流向回报率指标盈利质量负债纪律护城河评估
MOAT ASSESSMENT

TICKER: [US.AMD - Advanced Micro Devices]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


Parameter  Value
----------------
WACC         10%
Tax Rate   21.0%


[~] ROIC Quality: Median 5.3%
    ↳ Median > 15% = high returns
[~] ROIC Stability: CoV 577.6%
    ↳ CoV < 10% = highly stable
[~] Gross Margin Stability: 22.9%
    ↳ CoV < 10% = stable pricing power
[~] Economic Moat (ROIC-WACC): -4.7%
    ↳ > 5% = creating economic value


Metric  Gross Margin      ROIC
------------------------------
Mean           39.5%      5.9%
Median         43.6%      5.3%
Max            49.5%     67.8%
Min            22.8%    -68.0%
StdDev          9.0%     34.2%
CoV            22.9%    577.6%
Slope       1.02%/yr  2.61%/yr
R²               29%       12%


[DATA]


Period       Revenue  Gross Profit    GM%    ROIC  ROIC-WACC
------------------------------------------------------------
2010 ANNUAL    6.49B         2.96B  45.6%       -          -
2011 ANNUAL    6.57B         2.94B  44.8%   24.1%      14.1%
2012 ANNUAL    5.42B         1.24B  22.8%  -68.0%     -78.0%
2013 ANNUAL    5.30B         1.98B  37.3%    4.8%      -5.2%
2014 ANNUAL    5.51B         1.84B  33.4%    8.5%      -1.5%
2015 ANNUAL    3.99B         1.08B  27.1%  -29.3%     -39.3%
2016 ANNUAL    4.32B         1.00B  23.2%  -48.9%     -58.9%
2017 ANNUAL    5.25B         1.79B  34.0%   15.7%       5.7%
2018 ANNUAL    6.47B         2.45B  37.8%   34.8%      24.8%
2019 ANNUAL    6.73B         2.87B  42.6%   30.6%      20.6%
2020 ANNUAL    9.76B         4.35B  44.5%   36.3%      26.3%
2021 ANNUAL   16.43B         7.93B  48.2%   67.8%      57.8%
2022 ANNUAL   23.60B        10.60B  44.9%    3.6%      -6.4%
2023 ANNUAL   22.68B        10.46B  46.1%    0.6%      -9.4%
2024 ANNUAL   25.79B        12.72B  49.4%    3.1%      -6.9%
2025 ANNUAL   34.64B        17.15B  49.5%    5.3%      -4.7%
audit moat
MOAT ASSESSMENT TICKER: [US.AMD - Advanced Micro Devices] PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
Parameter Value
----------------
WACC 10%
Tax Rate 21.0%
[~] ROIC Quality: Median 5.3% ↳ Median > 15% = high returns
[~] ROIC Stability: CoV 577.6% ↳ CoV < 10% = highly stable
[~] Gross Margin Stability: 22.9% ↳ CoV < 10% = stable pricing power
[~] Economic Moat (ROIC-WACC): -4.7% ↳ > 5% = creating economic value
Metric Gross Margin ROIC
------------------------------
Mean 39.5% 5.9%
Median 43.6% 5.3%
Max 49.5% 67.8%
Min 22.8% -68.0%
StdDev 9.0% 34.2%
CoV 22.9% 577.6%
Slope 1.02%/yr 2.61%/yr
R² 29% 12%
[DATA]
Period Revenue Gross Profit GM% ROIC ROIC-WACC
------------------------------------------------------------
2010 ANNUAL 6.49B 2.96B 45.6% - -
2011 ANNUAL 6.57B 2.94B 44.8% 24.1% 14.1%
2012 ANNUAL 5.42B 1.24B 22.8% -68.0% -78.0%
2013 ANNUAL 5.30B 1.98B 37.3% 4.8% -5.2%
2014 ANNUAL 5.51B 1.84B 33.4% 8.5% -1.5%
2015 ANNUAL 3.99B 1.08B 27.1% -29.3% -39.3%
2016 ANNUAL 4.32B 1.00B 23.2% -48.9% -58.9%
2017 ANNUAL 5.25B 1.79B 34.0% 15.7% 5.7%
2018 ANNUAL 6.47B 2.45B 37.8% 34.8% 24.8%
2019 ANNUAL 6.73B 2.87B 42.6% 30.6% 20.6%
2020 ANNUAL 9.76B 4.35B 44.5% 36.3% 26.3%
2021 ANNUAL 16.43B 7.93B 48.2% 67.8% 57.8%
2022 ANNUAL 23.60B 10.60B 44.9% 3.6% -6.4%
2023 ANNUAL 22.68B 10.46B 46.1% 0.6% -9.4%
2024 ANNUAL 25.79B 12.72B 49.4% 3.1% -6.9%
2025 ANNUAL 34.64B 17.15B 49.5% 5.3% -4.7%