Company Valuation: Applied Materials, Inc.

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 119,187 75,828 109,452 153,768 182,232 390,763 - -
Change - -36.38% 44.34% 40.49% 18.51% 114.43% - -
Enterprise Value (EV) 1 119,180 78,704 108,144 150,556 180,214 386,702 384,856 379,760
Change - -33.96% 37.41% 39.22% 19.7% 114.58% -0.48% -1.32%
P/E ratio 20.6x 11.8x 16.1x 21.7x 26.4x 37.8x 30.2x 25.6x
PBR 9.68x 6.3x 6.72x 8.19x 9.05x 14.6x 11.6x 8.99x
PEG - 0.7x 1.79x 3.52x 45.46x 0.8x 1.2x 1.4x
Capitalization / Revenue 5.17x 2.94x 4.13x 5.66x 6.42x 11.7x 9.34x 8.06x
EV / Revenue 5.17x 3.05x 4.08x 5.54x 6.35x 11.6x 9.2x 7.83x
EV / EBITDA 15.4x 9.48x 13.1x 18.1x 20x 33.8x 25.7x 21.7x
EV / EBIT 16.3x 10x 14x 19x 21x 35.6x 26.8x 22.4x
EV / FCF 25x 17.1x 14.2x 20.1x 31.6x 66.4x 40.3x 32.2x
FCF Yield 4.01% 5.86% 7.02% 4.97% 3.16% 1.5% 2.48% 3.1%
Dividend per Share 2 0.94 1.02 1.22 - 1.78 1.957 2.168 2.432
Rate of return 0.71% 1.16% 0.93% - 0.78% 0.4% 0.44% 0.49%
EPS 2 6.4 7.44 8.11 8.61 8.66 13 16.31 19.25
Distribution rate 14.7% 13.7% 15% - 20.6% 15% 13.3% 12.6%
Net sales 1 23,063 25,785 26,517 27,176 28,368 33,359 41,828 48,502
EBITDA 1 7,716 8,305 8,234 8,316 8,997 11,437 14,984 17,499
EBIT 1 7,322 7,861 7,719 7,924 8,562 10,851 14,352 16,991
Net income 1 5,888 6,525 6,856 7,177 6,998 10,312 12,885 15,269
Net Debt 1 -7 2,876 -1,308 -3,212 -2,018 -4,061 -5,907 -11,003
Reference price 2 132.00 88.14 130.84 186.52 228.75 492.17 492.17 492.17
Nbr of stocks (in thousands) 902,929 860,309 836,534 824,404 796,642 793,959 - -
Announcement Date 11/18/21 11/17/22 11/16/23 11/14/24 11/13/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.85x11.59x33.81x0.4% 391B
54.83x8.3x41.72x0.18% 62.67B
55.88x16.5x36.37x0.66% 45.67B
40.8x10.61x27.75x0.44% 50.24B
56.64x5.58x16.41x0.05% 42.4B
71.45x14.25x66.11x0.12% 36.61B
73.23x23.6x53.37x1.18% 25.68B
81.92x18.52x80.01x0.15% 23.62B
78.37x - - 0.38% 18.89B
65.65x12.83x57.66x0.32% 17.48B
Average 61.66x 13.53x 45.91x 0.39% 71.4B
Weighted average by Cap. 48.02x 12.03x 37.78x 0.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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