What Intel’s Low Forward Price-to-Earnings Ratio Tells Investors
Intel (INTC) is the largest R&D (research and development) spender in the semiconductor industry. The company has a higher operating expense ratio of 32.4% compared to Advanced Micro Devices’ (AMD) 27.0% and NVIDIA’s (NVDA) 20.2%. Intel’s EPS growth is slower than its rivals. Intel’s EPS rose 28.0% YoY (year-over-year) to $3.46 in fiscal 2017 and is expected to grow 15.6% YoY to $4.00 in fiscal 2018.