DLB vs AMD vs VLN Stock Comparison

Dolby Laboratories, Advanced Micro Devices and Valens Semiconductor Prices as of Oct 26, 2026 Peers: Industry group
DLB Dolby Laboratories, Inc.
$63.13 +7.7% 1M -6.3% 1Y
Market cap
$5.94B
P/E
26.3x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
5 wins
AMD Advanced Micro Devices Inc
$531.28 -15.8% 1M +110.1% 1Y
Market cap
$912.58B
P/E
141.8x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
6 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.

QuestionDLBAMDVLNLeader
Larger companyMarket capitalisation $5.94B $912.58B $173.28M AMD
Cheaper on earningsLower P/E, profitable companies only 26.3x 141.8x -5.3x DLB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.1x 72.0x — DLB
Faster revenue growthRevenue growth, trailing twelve months +0.6% +39.5% +7.7% AMD
More profitableNet margin, trailing twelve months 16.7% 15.6% -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 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -6.3% +110.1% -10.1% AMD
Better 5-year returnAnnualised price return, 5 years -6.4%/yr +34.2%/yr -28.8%/yr AMD
Less volatileAnnualised volatility, 1 year 30.3% 68.4% 102.9% DLB
Higher overall scoreMean of the five percentile scores vs peers 66/100 60/100 42/100 DLB

Percentile Scorecard

DLBAMDVLN

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

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

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

Risk

MeasureDLBAMDVLNSPY
Volatility, 1Y 30.3%68.4%102.9% 12.7%
Downside volatility, 1Y 31.6%65.6%93.9% 12.7%
Beta vs S&P 500, 1Y 0.543.214.14 1.00
Return / volatility, 1Y -0.211.61-0.10 1.02
Max drawdown, 5Y -49.6%-65.4%-90.1% -25.4%
From 52-week high -8.6%-18.2%-54.7% -1.8%
52-week high $69.09$649.42$3.53 $779.14
52-week low $48.50$190.95$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.

MultipleDLBAMDVLN
P/E now vs peer median 26.3xmedian 42.1x 134.8xmedian 42.1x -5.1xmedian 42.1x
P/S now vs peer median 4.4xmedian 7.1x 21.0xmedian 7.1x 2.3xmedian 7.1x
EV/EBITDA now vs peer median 15.9xmedian 27.5x 90.1xmedian 27.5x -3.0xmedian 27.5x
P/FCF now vs peer median 15.2xmedian 37.2x 103.7xmedian 37.2x -11.2xmedian 37.2x
P/B now vs peer median 2.3xmedian 4.2x 12.9xmedian 4.2x 1.7xmedian 4.2x
PEG now vs peer median 12.63median 2.23 0.25median 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 monthsDLBAMDVLN
Revenue $1.35B $41.31B $71.70M
Gross profit $1.19B $21.98B $44.29M
Operating income $239.10M $6.49B -$34.09M
Net income $228.00M $6.43B -$32.43M
Free cash flow $392.67M $8.37B -$14.77M
R&D $265.94M $9.39B $42.24M
EPS (diluted) $2.39 $3.88 $-0.31
Cash & equivalents $669.39M $5.09B $42.56M
Total debt – $12.89B $343.00K
Shares (diluted) 94.52M 1.66B 103.14M
Enterprise value $3.33B $869.33B -$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
MetricDLBAMDVLN
P/E 26.3x 134.8x -5.1x
P/FCF 15.2x 103.7x -11.2x
P/Operating cash flow 13.6x 86.0x -11.8x
P/S 4.4x 21.0x 2.3x
P/B 2.3x 12.9x 1.7x
P/Tangible book 2.7x 16.8x 1.8x
EV/EBITDA 15.9x 90.1x -3.0x
EV/EBIT 22.1x 132.1x -2.4x
EV/Revenue 3.9x 20.8x 1.1x
EV/FCF 13.4x 102.5x -5.5x
EV/Operating cash flow 12.1x 85.0x -5.9x
PEG (3Y EPS CAGR) 12.63 0.25 0.47

Growth

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

Profitability

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

Financial Health

11 metrics
MetricDLBAMDVLN
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 17.9% 20.4% 22.1%
Equity / assets 82.1% 79.6% 77.9%
Interest coverage – 44.1x –
Current ratio 3.2x 2.6x 5.2x
Quick ratio 3.1x 1.7x 4.4x
Cash ratio 1.6x 1.1x 4.0x
Altman Z-score 8.51 31.29 1.18

Shareholder Returns

7 metrics
MetricDLBAMDVLN
Dividend yield 2.3% – –
Net buyback yield 3.5% 0.0% 0.9%
Shareholder yield 5.7% 0.0% 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.

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

Institutional Ownership

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

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

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DLB, AMD and VLN?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Dolby Laboratories (DLB) $5.94B, Advanced Micro Devices (AMD) $912.58B, Valens Semiconductor (VLN) $173.28M.

Which stock is cheaper, DLB, AMD and VLN?

Dolby Laboratories (DLB) trades on the lowest price-to-earnings ratio (Dolby Laboratories (DLB) 26.3x, Advanced Micro Devices (AMD) 141.8x, Valens Semiconductor (VLN) -5.3x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Dolby Laboratories (DLB) 14.1x, Advanced Micro Devices (AMD) 72.0x). 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: Dolby Laboratories (DLB) +0.6%, Advanced Micro Devices (AMD) +39.5%, Valens Semiconductor (VLN) +7.7%.

Which company is more profitable?

Dolby Laboratories (DLB) has the highest net margin (Dolby Laboratories (DLB) 16.7%, Advanced Micro Devices (AMD) 15.6%, 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: Dolby Laboratories (DLB) -6.3%, Advanced Micro Devices (AMD) +110.1%, Valens Semiconductor (VLN) -10.1%. Over five years, Advanced Micro Devices (AMD) compounded fastest (Dolby Laboratories (DLB) -6.4%/yr, Advanced Micro Devices (AMD) +34.2%/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: Dolby Laboratories (DLB) 0.02%, Advanced Micro Devices (AMD) 0.00%, 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 (Dolby Laboratories (DLB) 30.3%, Advanced Micro Devices (AMD) 68.4%, Valens Semiconductor (VLN) 102.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DLB, AMD 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.