Added to YB: 2024-07-17
Pitch date: 2024-07-15
AMAT [neutral]
Applied Materials, Inc.
+6.46%
current return
Author Info
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Company Info
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
Market Cap
$205.5B
Pitch Price
$243.47
Price Target
N/A
Dividend
0.71%
EV/EBITDA
22.81
P/E
29.93
EV/Sales
7.19
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Applied Materials - $AMAT
AMAT: Leading chip equipment supplier, strong in GAA, DRAM, HBM & packaging. 21% CAGR since 1989. $26.5B FY23 sales, 28.9% OPM. R&D $3B. Expects AI-driven growth. FCF $1.14B in Q2. Risks: cyclical, China exposure. Trading at 22.2x FY26 EPS, 4% FCF yield. DCF suggests fair value $236 vs $241 current price.
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