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. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.
Market Cap
$213.5B
Pitch Price
$243.47
Price Target
N/A
Dividend
0.69%
EV/EBITDA
23.75
P/E
30.95
EV/Sales
7.45
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.
Read full article (16 min)