Applied Materials Inc.
AMAT
Market Cap$161.46B
Close$
Earnings Call Q1 2024
February 15, 2024 - AI Summary
Applied Materials had a strong start to fiscal 2024, with first-quarter revenue at the high end of guidance and earnings exceeding expectations.
The company's inflection-focused innovation strategy is delivering results, allowing them to outperform their markets for five consecutive years.
Major inflections in gate-all-around transistors and high-bandwidth memory (HBM) are expected to drive growth. Gate-all-around transistors can provide over 30% improvement in chip energy efficiency, while HBM is projected to grow at a 50% compound annual growth rate.
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$139.99
29.1% downside
Current Fair Value
29.1% downsideOvervalued by 29.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $161.46 Billion |
|---|---|
| Enterprise Value | $159.63 Billion |
| Dividend Yield | $1.2726 (0.65%) |
| Earnings per Share | $8.5 |
| Beta | 1.71 |
| Outstanding Shares | 830,897,356 |
| Avg 30 Day Volume | 4,558,149 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 22.56 |
|---|---|
| PEG | 128.24 |
| Price to Sales | 6.37 |
| Price to Book Ratio | 9.88 |
| Enterprise Value to Revenue | 6.03 |
| Enterprise Value to EBIT | 20.86 |
| Enterprise Value to Net Income | 22 |
| Total Debt to Enterprise | 0.04 |
| Debt to Equity | 0.33 |
Revenue Sources
No data
ESG Score
No data
About Applied Materials Inc.
CEO: Gary Dickerson