Advanced Micro Devices or Intel: which stock is cheaper in 2026?
As of October 5, 2026, according to Kaplio, Advanced Micro Devices (AMD) trades at 161× earnings (P/E) and Intel (INTC) has had no positive earnings over the last twelve months. The median across the 250 technology companies above $2bn in Kaplio's universe is 35.1×.
According to the Kaplio Summary
The same verdict as each company's page: price range by multiples, the four lights, the expected return if consensus is right and what Buffett and Lynch would say today.
| Advanced Micro Devices (AMD) | Intel (INTC) | |
|---|---|---|
| Summary valuation | expensive ($138) | no range |
| The four lights | Valuation: P/E 160.9× (expensive) Business: ROIC 5 % (weak) Balance sheet: Net debt/EBITDA −0.1× (solid) Results: 7 of 8 (on track) | Valuation: P/Sales 14.7× (no earnings) Business: ROIC 0 % (weak) Balance sheet: Net debt/EBITDA 2.3× (fragile) Results: 6 of 8 (on track) |
| Expected return (per year) | — | — |
| Buffett method | quality 56 · would not approve | quality 41 · would not approve |
| Lynch method | outside his circle | turnaround · would not approve |
Metrics side by side
| Metric | Advanced Micro Devices (AMD) | Intel (INTC) |
|---|---|---|
| Overview | ||
| Market Cap | $1.0T | $602B |
| Price | $633.91 | $119.33 |
| Valuation | ||
| P/E | 161× | — |
| P/B | 15.3× | 6.8× |
| P/S | 24.9× | 10.3× |
| EV/EBITDA | 96.4× | 170× |
| FCF Yield | 0.8 % | 0.5 % |
| Dividend Yield | 0.0 % | 0.0 % |
| Profitability | ||
| ROIC | 5.0 % | 0.0 % |
| ROE | 10.1 % | -10.8 % |
| Gross Margin | 53.2 % | 38.9 % |
| Operating Margin | 15.7 % | 0.1 % |
| Net Margin | 15.6 % | -19.8 % |
| Growth | ||
| Revenue 5Y CAGR | 28.8 % | -7.5 % |
| EPS 5Y CAGR | 4.9 % | — |
| FCF 5Y CAGR | 54.0 % | — |
| Balance Sheet | ||
| Net Debt / EBITDA | -0.1× | 2.3× |
| Debt / Equity | 0.1× | 0.6× |
Trailing twelve months where available; otherwise the latest fiscal year. Growth: five-year compound annual rate.