Is the price fair?
What AMAT's price assumes
Applied Materials trades at 41.4× earnings against 50.3× for the median Semiconductor Equipment & Materials name, cheaper than its own group.
41.4
Trailing P/E · Semiconductor Equipment & Materials median 50.3 · cheaper than the typical name in its group
- Price / sales
- 11.5
Price / sales · as of 2026-Q2
- Free cash flow yield
- 1.1%
Free cash flow yield · Semiconductor Equipment & Materials median 1.2%
- Growth the price implies
- +25%
Growth the price implies · The price pays for +25% free cash flow growth a year for a decade; the business has delivered −7.0% a year over the last three.
Details›
- Price / book2026-Q2
- 13.9
- EV / EBIT2026-Q2
- 40.0
- EV / sales2026-Q2
- 11.4
- Technology median P/E376 names
- 37.0
- Semiconductor Equipment & Materials median P/E23 names
- 50.3
- Free cash flow, trailing twelve months
- $5.62B
- Market capitalisation
- $490.0B
- 3-year revenue growth
- +5.1%
- 3-year free cash flow growth
- −7.0%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 36.2× today against a 17.0× median |
| 52-week range | $155.56 – $640.18 |
| Today | $479.66 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Semiconductor Equipment & Materials
Ranks #10 of 22 by Smart Score