Advanced Micro Devices Inc (AMD) is overvalued and Texas Instruments Inc (TXN) is overvalued.
Both trade above our estimate of their intrinsic value. TXN is the closer of the two: -43%, against -103% for AMD.
Values as of the 19 Oct 2026 close.
A 10.4x revenue multiple, adjusted for growth and margin, values the shares at $264.56; the price of $538.05 is 103% above that value.
Leak Score 43/100 on 12 of 12 signals
A 9.6x revenue multiple, adjusted for growth and margin, values the shares at $193.18; the price of $276.15 is 43% above that value.
Leak Score 42/100 on 11 of 12 signals
| Metric | AMD | TXN |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $538.05 | $276.15 |
| Intrinsic value | $264.56 | $193.18 |
| Margin of safety | -103% | -43% |
| Leak Score | 43/100 (12/12) | 42/100 (11/12) |
| Market cap | $878.4B | $252.2B |
| Revenue growth, 5 years | 28.8% | 4.1% |
| Operating margin | 15.7% | 38.1% |
| Net margin | 15.6% | 30.9% |
| Return on equity | 10.2% | 35.0% |
| Debt to equity | 0.06 | 0.78 |
| P/E | 138.1x | 42.0x |
| Forward P/E | 33.5x | 26.6x |
| P/B | 13.1x | 14.0x |
| Dividend yield | — | 2.1% |