Advanced Micro DevicesXTER:AMD -0.56%79 Altman Z-Score is 36.04 as of Jun. 26, 2026, which is 313% above its 10-year median of 8.72. GuruFocus rates XTER:AMD with a GF Score™ of 79/100 and a GF Value™ of €202.69 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,015 Semiconductors companies, Advanced Micro Devices ranks better than 89.56% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 35.42 is strong.
Advanced Micro Devices has a Altman Z-Score of 36.04, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Advanced Micro Devices's Altman Z-Score or its related term are showing as below:
XTER:AMD'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.07 Med: 8.72 Max: 35.42
Current: 35.42
During the past 13 years, Advanced Micro Devices's highest Altman Z-Score was 35.42. The lowest was -1.07. And the median was 8.72.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Advanced Micro Devices Altman Z-Score Related Terms
Advanced Micro Devices Altman Z-Score Historical Data
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The historical data trend for Advanced Micro Devices's Altman Z-Score 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.
XTER:AMD vs MU, INTC, TXN: Altman Z-Score Comparison
For the Semiconductors subindustry, Advanced Micro Devices's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advanced Micro Devices Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Micro Devices's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Advanced Micro Devices's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Advanced Micro Devices (XTER:AMD) has a Altman Z-Score of 36.04 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Advanced Micro Devices and its competitors. This is 313% above median its historical median of 8.72. According to the industry distribution chart, Advanced Micro Devices ranks #106 out of 1015 companies in the Semiconductors industry, placing it in the top 10.4%.
Is Advanced Micro Devices' Altman Z-Score too high?
Advanced Micro Devices' current Altman Z-Score of 36.04 is 313% above median its 10-year median of 8.72. The Semiconductors industry median Altman Z-Score is 5.54. Advanced Micro Devices' value of 36.04 is 550.5% above this industry median. Based on the distribution chart, Advanced Micro Devices ranks #106 out of 1015 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. 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' Altman Z-Score compare to MU and INTC?
According to the Semiconductors industry distribution chart, Advanced Micro Devices ranks #106 out of 1015 companies for Altman Z-Score. This places Advanced Micro Devices in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.54. Advanced Micro Devices' value of 36.04 is 550.5% above this benchmark. While the company's 10-year median is 8.72 vs. the industry median of 5.54, Advanced Micro Devices has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.54, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advanced Micro Devices's current Altman Z-Score of 36.04 is 550.5% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Advanced Micro Devices and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro Devices's current Altman Z-Score is 36.04, which is 313% above median its own 10-year median of 8.72. 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 (XTER:AMD) is currently considered Significantly Overvalued. The stock's GF Value™ is €202.69, compared to a current price of €455.80 — trading 124.9% above its estimated fair value. The current Altman Z-Score is 36.04, which is 313% above median its 10-year median of 8.72 and 550.5% above the Semiconductors industry median of 5.54. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Advanced Micro Devices (XTER:AMD), the current Altman Z-Score is 36.04 as of Jun. 26, 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 (XTER:AMD) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued.
The current stock price of €455.80 is trading 124.9% above its estimated GF Value™ of €202.69.
GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.
Key valuation signals for XTER:AMD:
Altman Z-Score: 36.04 (313% above median its 10-year median of 8.72)
GF Value™: €202.69 vs. price of €455.80 (124.9% above fair value)
Industry Position: 550.5% above the Semiconductors median (#106 of 1015)
No single metric tells the full story. See the XTER:AMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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