Advanced Micro Devices (FRA:AMD0) ROCE %: 9.67% (As of Mar. 2026)


FRA:AMD0 Advanced Micro Devices Inc FRA:AMD0
79 GF Score
Price €58.00
GF Value €26.42
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Advanced Micro Devices ROCE %?

Advanced Micro Devices FRA:AMD0 -6.45% 79 ROCE % is 9.67% as of Mar. 2026. GuruFocus rates FRA:AMD0 with a GF Score™ of 79/100 and a GF Value™ of €26.42 (Significantly Overvalued). The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Advanced Micro Devices's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.67%.

Advanced Micro Devices  (FRA:AMD0) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Advanced Micro Devices ROCE % Related Terms

Advanced Micro Devices ROCE % Historical Data

* Premium members only.

The historical data trend for Advanced Micro Devices's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Advanced Micro Devices ROCE % Chart

Advanced Micro Devices Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.94 3.69 0.96 3.45 6.25

Advanced Micro Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.29 -0.22 8.24 12.74 9.67
FRA:AMD0
79GF Score
Advanced Micro Devices Inc FRA:AMD0
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Micro Devices ROCE % Calculation

Advanced Micro Devices's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3647.434/( ( (66110.83 - 6953.355) + (65694.804 - 8074.57) )/ 2 )
=3647.434/( (59157.475+57620.234)/ 2 )
=3647.434/58388.8545
=6.25 %

Advanced Micro Devices's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=5677.86/( ( (65694.804 - 8074.57) + (68890.33 - 9087.69) )/ 2 )
=5677.86/( ( 57620.234 + 59802.64 )/ 2 )
=5677.86/58711.437
=9.67 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.67% mean?
Advanced Micro Devices (FRA:AMD0) has a ROCE % of 9.67% as of Mar. 2026.
Is Advanced Micro Devices' ROCE % too high?
Advanced Micro Devices' current ROCE % is 9.67%. The Semiconductors industry median ROCE % is 4.72. Advanced Micro Devices' value of 9.67% is 104.9% above this industry median. Overall, Advanced Micro Devices has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro Devices' ROCE % compare to MU and INTC?
Advanced Micro Devices' ROCE % of 9.67% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.72. Advanced Micro Devices' value of 9.67% is 104.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Semiconductors company?
The median ROCE % among Semiconductors companies is 4.72, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advanced Micro Devices's current ROCE % of 9.67% is 104.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro Devices's current ROCE % is 9.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro Devices stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro Devices (FRA:AMD0) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.42, compared to a current price of €58.00 — trading 119.5% above its estimated fair value. The current ROCE % is 9.67% and 104.9% above the Semiconductors industry median of 4.72. Advanced Micro Devices' overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Advanced Micro Devices (FRA:AMD0), the current ROCE % is 9.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Advanced Micro Devices (FRA:AMD0) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued. The current stock price of €58.00 is trading 119.5% above its estimated GF Value™ of €26.42. GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.

Key valuation signals for FRA:AMD0:

  • ROCE %: 9.67%
  • GF Value™: €26.42 vs. price of €58.00 (119.5% above fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 104.9% above the Semiconductors median

No single metric tells the full story. See the FRA:AMD0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Advanced Micro Devices Business Description

Address 2485 Augustine Drive, Santa Clara, CA, USA, 95054
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers (including artificial intelligence), industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. However, AMD is emerging as a prominent player in AI GPUs and related hardware. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.
79GF Score

Get the complete analysis for FRA:AMD0

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€58.00
Price
€26.42
GF Value