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 75,828 109,452 153,768 182,232 472,962 - -
Change - -36.38% 44.34% 40.49% 18.51% 159.54% - -
Enterprise Value (EV) 1 119,180 78,704 108,144 150,556 180,214 468,843 467,485 462,606
Change - -33.96% 37.41% 39.22% 19.7% 160.16% -0.29% -1.04%
P/E 20.6x 11.8x 16.1x 21.7x 26.4x 45.5x 34.7x 28.5x
PBR 9.68x 6.3x 6.72x 8.19x 9.05x 17.6x 13.8x 11.4x
PEG - 0.7x 1.79x 3.52x 45.46x 0.9x 1.1x 1.3x
Capitalization / Revenue 5.17x 2.94x 4.13x 5.66x 6.42x 14.2x 11.1x 9.32x
EV / Revenue 5.17x 3.05x 4.08x 5.54x 6.35x 14x 11x 9.12x
EV / EBITDA 15.4x 9.48x 13.1x 18.1x 20x 40.9x 30.3x 24.5x
EV / EBIT 16.3x 10x 14x 19x 21x 43.2x 31.7x 25.2x
EV / FCF 25x 17.1x 14.2x 20.1x 31.6x 80.8x 47.8x 38.4x
FCF Yield 4.01% 5.86% 7.02% 4.97% 3.16% 1.24% 2.09% 2.6%
Dividend per Share 2 0.94 1.02 1.22 - 1.78 1.957 2.168 2.349
Rate of return 0.71% 1.16% 0.93% - 0.78% 0.33% 0.36% 0.39%
EPS 2 6.4 7.44 8.11 8.61 8.66 13.1 17.17 20.9
Distribution rate 14.7% 13.7% 15% - 20.6% 14.9% 12.6% 11.2%
Net sales 1 23,063 25,785 26,517 27,176 28,368 33,411 42,594 50,728
EBITDA 1 7,716 8,305 8,234 8,316 8,997 11,470 15,447 18,848
EBIT 1 7,322 7,861 7,719 7,924 8,562 10,857 14,738 18,339
Net income 1 5,888 6,525 6,856 7,177 6,998 10,390 13,446 16,302
Net Debt 1 -7 2,876 -1,308 -3,212 -2,018 -4,119 -5,476 -10,355
Reference price 2 132.00 88.14 130.84 186.52 228.75 595.70 595.70 595.70
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
45.46x14.03x40.88x0.33% 473B
73.2x11.02x56.14x0.13% 82.95B
104.15x22.52x104.85x0.08% 57.32B
42.19x10.99x28.77x0.43% 51.89B
42.69x13.66x28.8x0.92% 47.99B
122.67x28.83x124.49x0.1% 36.32B
47.01x4.56x13.41x0.06% 34.78B
103.68x20.54x92.29x0.2% 27.61B
110.69x25.09x91.34x0.13% 22.51B
62.83x20.72x46.15x1.35% 22.79B
Average 75.46x 17.20x 62.71x 0.37% 85.71B
Weighted average by Cap. 59.10x 15.02x 50.77x 0.33%

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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