Stock AnalizApplied Materials Inc. AMAT
Semiconductors · IPO 1972 · data as of November 13, 2026
Applied Materials Inc. (AMAT) is a technology company listed in the US with a market value of about $294.0B. In the twelve months to October 31, 2026 it had revenue of $34.4B and net income of $10.1B, a net margin of 29.3%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is track record (5/5); the weakest is value (1/5).
Key numbers: a P/E of 29.3, a price to free cash flow of 47.5, 5-year revenue growth of 11% a year, a 5-year average ROIC of 30%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 81% above the current price.
Score: 3.2 / 5
Checks passed
- Price below intrinsic value (DCF, moderate assumptions)
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
- More cash than debt, or low debt to equity
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.4B | $28.4B | $27.2B | $26.5B | $25.8B | $23.1B | $17.2B | $14.6B | $16.7B | $14.7B | $10.8B |
| Net income | $10.1B | $7.0B | $7.2B | $6.9B | $6.5B | $5.9B | $3.6B | $2.7B | $3.0B | $3.5B | $1.7B |
| Free cash flow | $6.2B | $5.7B | $7.5B | $7.6B | $4.6B | $4.8B | $3.4B | $2.8B | $3.2B | $3.4B | $2.3B |
| EPS (diluted) | $12.63 | $8.66 | $8.61 | $8.11 | $7.44 | $6.40 | $3.92 | $2.86 | $2.96 | $3.25 | $1.54 |
| Net margin | 29.3% | 24.7% | 26.4% | 25.9% | 25.3% | 25.5% | 21.0% | 18.5% | 18.2% | 23.9% | 15.9% |
| ROIC | — | 22.9% | 27.2% | 30.7% | 37.1% | 33.3% | 23.3% | 20.5% | 25.5% | 24.3% | 17.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 35 analysts is $566.14, 53% above the current price; targets range from $358.00 to $900.00; the consensus rating is “Strong buy”; expected EPS is $19.19 for the fiscal year ending October 31, 2027.
Frequently asked questions
What is Applied Materials’s P/E ratio?
About 29.3, based on the last twelve months of diluted earnings per share (forward P/E about 17.4).
Is Applied Materials stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 81% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Applied Materials pay a dividend?
Yes. The dividend yield is about 0.57%, and it has paid dividends for 10 years in our data.
Is Applied Materials a good stock to buy?
We do not give buy or sell advice. Applied Materials scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.