Company Overview
Intel Corp is a US semiconductor company listed on the NASDAQ NMS - GLOBAL MARKET. It designs and manufactures processors and related technologies for computing and data infrastructure. The company operates across client computing, data center, and network platforms. Its market capitalization is about USD 229 billion, with roughly 5 billion shares outstanding.
Analysis of recent data
FundamentalsIntel reported USD figures for the year ended December 27 2025. Revenue was USD 52.85 billion, down slightly year over year, while EBIT was negative at USD 2.21 billion and net income was USD 26 million. Depreciation and amortization reached USD 10.76 billion, and capital expenditure was USD 515 million, resulting in a free‑cash‑flow proxy of USD 8.49 billion.
The trailing twelve‑month gross margin was 34.77%, with an operating margin of 5.88% and a net profit margin of ‑0.51%. Return on equity stood at ‑0.26, indicating weak capital efficiency. The EV/EBITDA multiple of 19.08 and price‑to‑sales ratio of 4.33 show that the market is valuing the company at a premium despite limited profitability.
Cash holdings of USD 14.27 billion provide some flexibility for reinvestment, while total debt of USD 2.50 billion appears manageable. However, the negative EBIT and low returns suggest that operational recovery remains a key challenge.
Valuation
DCF / MultiplesAt the current price of USD 45.77, the DCF output is directionally below zero, implying that the market price embeds expectations of a major recovery. The negative fair‑value range indicates that discounted cash flow assumptions do not yet support the current valuation.
Given the trailing operating margin of 5.88% and ROE of ‑0.26, the market appears to be pricing in a significant improvement in profitability. Until earnings and returns on capital strengthen, the valuation seems to rest on future optimism rather than present fundamentals.
Conclusion
TakeawayIntel’s financials show early signs of stabilization but not yet a full turnaround. Margins remain thin and returns are still negative. Investors seem to be paying for a recovery that has yet to materialize. Patience may be required to see if the story turns into real performance.