Besi: ASML Fears Over Hybrid Bonding Market Look Overdone; HBM Adoption More Relevant
We are providing an update on Besi after the stock fell 10% on Oct. 7.
Applied Materials Inc AMAT
Bulls Say, Bears Say
Bulls
Applied Materials is the largest WFE provider in the world, with the broadest portfolio and the largest R&D budget of its peers.
Bears
We consider Applied Materials to be a generalist in WFE. More-specialized firms like Lam Research and KLA could outcompete it in their respective markets.
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Applied Materials Plans to Invest $5 Billion in India
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Applied Materials Eyes Capacity Expansion as Profit, Revenue Grow — Update
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Applied Materials Posts Higher 3Q Profit, Revenue on Continued AI Demand
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Applied Materials: We Expect Upside Heading Into July-Quarter Results
Trading Information
- Previous Close Price
- $509.57
- Day Range
- $504.80–519.71
- 52-Week Range
- $203.40–739.67
- Bid/Ask
- $507.00 / $507.20
- Shares Outstanding
- 793.60M
- Market Cap
- $402.38B
- Volume/Avg
- 3M / 7M
Key Statistics
- Price/Earnings (Normalized)
- 46.42
- Price/Sales
- 13.14
- Dividend Yield (Trailing)
- 0.39%
- Dividend Yield (Forward)
- 0.42%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 0.83%
Company Profile
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
- Sector
- Technology
- Industry
- Semiconductor Equipment & Materials
- Stock Style Box
- Large Growth
- Total Number of Employees
- 36,500
- Website
- https://www.appliedmaterials.com
Competitors
Valuation
|
Metric
|
AMAT
|
8035
|
LRCX
|
|---|---|---|---|
Price/Earnings (Normalized) | 46.42 | 9.59 | 54.88 |
Price/Book Value | 15.70 | 13.20 | 31.99 |
Price/Sales | 13.14 | 10.86 | 17.31 |
Price/Cash Flow | 44.94 | 40.93 | 51.74 |
Price/Earnings
AMAT
8035
LRCX
Financial Strength
|
Metric
|
AMAT
|
8035
|
LRCX
|
|---|---|---|---|
Quick Ratio | 1.67 | 1.39 | 1.84 |
Current Ratio | 2.42 | 2.63 | 2.63 |
Interest Coverage | 33.00 | — | 52.42 |
Quick Ratio
AMAT
8035
LRCX
Profitability
|
Metric
|
AMAT
|
8035
|
LRCX
|
|---|---|---|---|
Return on Assets (Normalized) | 22.69% | 25.63% | 34.90% |
Return on Equity (Normalized) | 39.18% | 34.60% | 71.40% |
Return on Invested Capital (Normalized) | 25.01% | 34.60% | 51.03% |
Return on Assets
AMAT
8035
LRCX
Semiconductor Equipment & Materials Industry Comparables
|
1-Day Chart
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United States