AMD vs DLB vs VLN Stock Comparison

Advanced Micro Devices, Dolby Laboratories and Valens Semiconductor Prices as of Oct 26, 2026 Peers: Industry group
AMD Advanced Micro Devices Inc
$531.28 -15.8% 1M +110.1% 1Y
Market cap
$914.36B
P/E
142.1x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
6 wins
DLB Dolby Laboratories, Inc.
$63.13 +7.7% 1M -6.3% 1Y
Market cap
$5.91B
P/E
26.1x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
5 wins

Head to Head

11 decided of 12

Advanced Micro Devices leads on 6 of the 12 questions below (Advanced Micro Devices 6, Dolby Laboratories 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMDDLBVLNLeader
Larger companyMarket capitalisation $914.36B $5.91B $173.28M AMD
Cheaper on earningsLower P/E, profitable companies only 142.1x 26.1x -5.3x DLB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 72.0x 14.1x — DLB
Faster revenue growthRevenue growth, trailing twelve months +39.5% +0.6% +7.7% AMD
More profitableNet margin, trailing twelve months 15.6% 16.7% -45.2% DLB
Better return on capitalReturn on invested capital 8.0% — -34.5% AMD
Less leveragedLower net debt / EBITDA -1.0x — 3.1x AMD
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +110.1% -6.3% -10.1% AMD
Better 5-year returnAnnualised price return, 5 years +34.2%/yr -6.4%/yr -28.8%/yr AMD
Less volatileAnnualised volatility, 1 year 68.4% 30.3% 102.9% DLB
Higher overall scoreMean of the five percentile scores vs peers 60/100 66/100 42/100 DLB

Percentile Scorecard

AMDDLBVLN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMDDLBVLN
Valuation 28 #69 of 95 86 #14 of 95 33 #64 of 95
Growth 96 #5 of 93 27 #68 of 93 15 #79 of 93
Profitability 67 #31 of 91 71 #27 of 91 17 #76 of 91
Financial Health 68 #33 of 101 62 #39 of 101 74 #27 of 101
Shareholder Returns 41 #45 of 75 84 #13 of 75 72 #22 of 75
Overall 60 66 42
  • AMD ranked among 104 companies in Semiconductors
  • DLB ranked among 104 companies in Semiconductors
  • VLN ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMDDLBVLNSPY
1 month -15.8%+7.7%-14.9% -0.8%
3 months +7.3%+23.1%+0.6% +3.5%
6 months +58.8%-0.8%-0.6% +7.0%
Year to date +148.1%-1.7%+12.7% +12.2%
1 year +110.1%-6.3%-10.1% +13.0%
3 years +450.9%-19.7%-24.2% +86.3%
3 years, per year +76.7%-7.1%-8.8% +23.1%
5 years +334.5%-28.0%-81.7% +68.6%
5 years, per year +34.2%-6.4%-28.8% +11.0%
10 years +7,187.8%+26.6%— +258.0%
10 years, per year +53.6%+2.4%— +13.6%

Risk

MeasureAMDDLBVLNSPY
Volatility, 1Y 68.4%30.3%102.9% 12.7%
Downside volatility, 1Y 65.6%31.6%93.9% 12.7%
Beta vs S&P 500, 1Y 3.210.544.14 1.00
Return / volatility, 1Y 1.61-0.21-0.10 1.02
Max drawdown, 5Y -65.4%-49.6%-90.1% -25.4%
From 52-week high -18.2%-8.6%-54.7% -1.8%
52-week high $649.42$69.09$3.53 $779.14
52-week low $190.95$48.50$1.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMDDLBVLN
P/E now vs peer median 134.8xmedian 42.1x 26.3xmedian 42.1x -5.1xmedian 42.1x
P/S now vs peer median 21.0xmedian 7.1x 4.4xmedian 7.1x 2.3xmedian 7.1x
EV/EBITDA now vs peer median 90.1xmedian 27.5x 15.9xmedian 27.5x -3.0xmedian 27.5x
P/FCF now vs peer median 103.7xmedian 37.2x 15.2xmedian 37.2x -11.2xmedian 37.2x
P/B now vs peer median 12.9xmedian 4.2x 2.3xmedian 4.2x 1.7xmedian 4.2x
PEG now vs peer median 0.25median 2.23 12.63median 2.23 0.47median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMDDLBVLN
Revenue $41.31B $1.35B $71.70M
Gross profit $21.98B $1.19B $44.29M
Operating income $6.49B $239.10M -$34.09M
Net income $6.43B $228.00M -$32.43M
Free cash flow $8.37B $392.67M -$14.77M
R&D $9.39B $265.94M $42.24M
EPS (diluted) $3.88 $2.39 $-0.31
Cash & equivalents $5.09B $669.39M $42.56M
Total debt $12.89B – $343.00K
Shares (diluted) 1.66B 94.52M 103.14M
Enterprise value $871.11B $3.30B -$182.41M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMDDLBVLN
P/E 134.8x 26.3x -5.1x
P/FCF 103.7x 15.2x -11.2x
P/Operating cash flow 86.0x 13.6x -11.8x
P/S 21.0x 4.4x 2.3x
P/B 12.9x 2.3x 1.7x
P/Tangible book 16.8x 2.7x 1.8x
EV/EBITDA 90.1x 15.9x -3.0x
EV/EBIT 132.1x 22.1x -2.4x
EV/Revenue 20.8x 3.9x 1.1x
EV/FCF 102.5x 13.4x -5.5x
EV/Operating cash flow 85.0x 12.1x -5.9x
PEG (3Y EPS CAGR) 0.25 12.63 0.47

Growth

14 metrics
MetricAMDDLBVLN
Revenue growth (1Y) 39.5% 0.6% 7.7%
Revenue CAGR (3Y) 23.6% 1.7% -8.8%
Gross profit growth (1Y) 55.9% -0.5% 9.3%
Gross profit CAGR (3Y) 32.0% 1.5% -11.0%
Operating income growth (1Y) 186.2% -15.1% 9.1%
Operating income CAGR (3Y) 167.6% -1.0% -10.2%
Net income growth (1Y) 127.0% -14.2% 2.2%
Net income CAGR (3Y) 537.7% 1.3% -12.8%
EPS growth (1Y) 123.1% -12.3% 0.0%
EPS CAGR (3Y) 533.6% 2.1% -10.9%
Operating cash flow growth (1Y) 106.7% -6.0% -168.6%
Operating cash flow CAGR (3Y) 61.4% 9.5% 7.8%
Free cash flow growth (1Y) 106.9% -10.4% -103.3%
Free cash flow CAGR (3Y) 64.9% 9.3% 5.9%

Profitability

14 metrics
MetricAMDDLBVLN
Gross margin 53.2% 87.6% 61.8%
EBITDA margin 23.0% 24.5% -37.9%
Operating margin 15.7% 17.7% -47.5%
Pretax margin 18.3% 20.4% -45.1%
Net margin 15.6% 16.7% -45.2%
FCF margin 20.3% 29.0% -20.6%
Operating cash flow margin 24.4% 32.3% -19.4%
Return on equity 9.8% 8.7% -33.8%
Return on assets 7.8% 7.1% -26.4%
Return on invested capital 8.0% – -34.5%
Return on capital employed 9.3% 8.6% -32.3%
Asset turnover 0.5x 0.4x 0.6x
Cash conversion (OCF / net income) 1.6x 1.9x 0.4x
Stock comp / revenue 4.6% 9.6% 20.7%

Financial Health

11 metrics
MetricAMDDLBVLN
Debt / assets 3.8% – 0.1%
Debt / equity 0.0x – 0.0x
Net debt / EBITDA -1.0x – 3.1x
Debt / FCF 0.4x – 0.0x
Liabilities / assets 20.4% 17.9% 22.1%
Equity / assets 79.6% 82.1% 77.9%
Interest coverage 44.1x – –
Current ratio 2.6x 3.2x 5.2x
Quick ratio 1.7x 3.1x 4.4x
Cash ratio 1.1x 1.6x 4.0x
Altman Z-score 31.29 8.51 1.18

Shareholder Returns

7 metrics
MetricAMDDLBVLN
Dividend yield – 2.3% –
Net buyback yield 0.0% 3.5% 0.9%
Shareholder yield 0.0% 5.7% 0.9%
Payout ratio (earnings) – 58.9% –
Payout ratio (FCF) – 34.2% –
Dividend growth (1Y) – 8.6% –
Dividend CAGR (3Y) – 9.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMDDLBVLN
Forward P/E 72.0xFY2026 14.1xFY2026 –
EPS, next fiscal year $7.38FY2026 $4.49FY2026 $-0.13FY2026
EPS growth, next FY +77.0%FY2026 +5.9%FY2026 –
EPS growth, the year after +112.7% +4.7% –
Revenue, next fiscal year $53.09BFY2026 $1.50BFY2026 $84.56MFY2026
Revenue growth, next FY +53.3%FY2026 +11.1%FY2026 +19.7%FY2026
Revenue growth, the year after +60.7% -7.7% +7.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMDDLBVLN
Held by institutions 72.5% 65.4% 38.6%
Institutions holding 3,991 389 54
Change in shares held, QoQ +10.7% +5.8% +14.8%
Institutions buying 2,270 195 38
Institutions selling 1,456 148 7
Buyers to sellers 1.56 1.32 5.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMDDLBVLN
AMD 1.00 -0.04 0.45
DLB -0.04 1.00 0.11
VLN 0.45 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMD, DLB and VLN?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Advanced Micro Devices (AMD) $914.36B, Dolby Laboratories (DLB) $5.91B, Valens Semiconductor (VLN) $173.28M.

Which stock is cheaper, AMD, DLB and VLN?

Dolby Laboratories (DLB) trades on the lowest price-to-earnings ratio (Advanced Micro Devices (AMD) 142.1x, Dolby Laboratories (DLB) 26.1x, Valens Semiconductor (VLN) -5.3x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Advanced Micro Devices (AMD) 72.0x, Dolby Laboratories (DLB) 14.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Advanced Micro Devices (AMD) grew revenue fastest over the trailing twelve months: Advanced Micro Devices (AMD) +39.5%, Dolby Laboratories (DLB) +0.6%, Valens Semiconductor (VLN) +7.7%.

Which company is more profitable?

Dolby Laboratories (DLB) has the highest net margin (Advanced Micro Devices (AMD) 15.6%, Dolby Laboratories (DLB) 16.7%, Valens Semiconductor (VLN) -45.2%). On return on invested capital, Advanced Micro Devices (AMD) leads (Advanced Micro Devices (AMD) 8.0%, Valens Semiconductor (VLN) -34.5%).

Which stock has performed better?

Over the past year Advanced Micro Devices (AMD) returned the most: Advanced Micro Devices (AMD) +110.1%, Dolby Laboratories (DLB) -6.3%, Valens Semiconductor (VLN) -10.1%. Over five years, Advanced Micro Devices (AMD) compounded fastest (Advanced Micro Devices (AMD) +34.2%/yr, Dolby Laboratories (DLB) -6.4%/yr, Valens Semiconductor (VLN) -28.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Advanced Micro Devices (AMD) 0.00%, Dolby Laboratories (DLB) 0.02%, Valens Semiconductor (VLN) 0.00%. Advanced Micro Devices (AMD) and Valens Semiconductor (VLN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Advanced Micro Devices (AMD) 68.4%, Dolby Laboratories (DLB) 30.3%, Valens Semiconductor (VLN) 102.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMD, DLB and VLN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Advanced Micro Devices (AMD) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.