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 75,828 109,452 153,768 182,232 418,798 - -
Change - -36.38% 44.34% 40.49% 18.51% 129.82% - -
Enterprise Value (EV) 1 119,180 78,704 108,144 150,556 180,214 415,604 414,591 409,284
Change - -33.96% 37.41% 39.22% 19.7% 130.62% -0.24% -1.28%
P/E 20.6x 11.8x 16.1x 21.7x 26.4x 40.2x 30.2x 24x
PBR 9.68x 6.3x 6.72x 8.19x 9.05x 15.5x 11.7x 9.36x
PEG - 0.7x 1.79x 3.52x 45.46x 0.8x 0.9x 0.9x
Capitalization / Revenue 5.17x 2.94x 4.13x 5.66x 6.42x 12.5x 9.68x 8.08x
EV / Revenue 5.17x 3.05x 4.08x 5.54x 6.35x 12.4x 9.58x 7.89x
EV / EBITDA 15.4x 9.48x 13.1x 18.1x 20x 36.2x 26.7x 21.3x
EV / EBIT 16.3x 10x 14x 19x 21x 38.2x 27.8x 22.1x
EV / FCF 25x 17.1x 14.2x 20.1x 31.6x 71.7x 42.2x 33.6x
FCF Yield 4.01% 5.86% 7.02% 4.97% 3.16% 1.4% 2.37% 2.98%
Dividend per Share 2 0.94 1.02 1.22 - 1.78 1.957 2.168 2.325
Rate of return 0.71% 1.16% 0.93% - 0.78% 0.37% 0.41% 0.44%
EPS 2 6.4 7.44 8.11 8.61 8.66 13.13 17.46 22.01
Distribution rate 14.7% 13.7% 15% - 20.6% 14.9% 12.4% 10.6%
Net sales 1 23,063 25,785 26,517 27,176 28,368 33,490 43,261 51,862
EBITDA 1 7,716 8,305 8,234 8,316 8,997 11,493 15,548 19,180
EBIT 1 7,322 7,861 7,719 7,924 8,562 10,872 14,938 18,544
Net income 1 5,888 6,525 6,856 7,177 6,998 10,413 13,683 16,974
Net Debt 1 -7 2,876 -1,308 -3,212 -2,018 -3,193 -4,206 -9,514
Reference price 2 132.00 88.14 130.84 186.52 228.75 527.48 527.48 527.48
Nbr of stocks (in thousands) 902,929 860,309 836,534 824,404 796,642 793,959 - -
Announcement Date 11/18/21 A 11/17/22 A 11/16/23 A 11/14/24 A 11/13/25 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
40.16x12.41x36.16x0.37% 419B
70.21x10.55x53.82x0.14% 79.81B
91.29x20.13x93.47x0.1% 51.3B
36.11x9.58x24.96x0.49% 47.02B
35.93x11.51x23.95x1.13% 42.17B
98.43x23.01x99.35x0.13% 29.24B
37.32x3.66x11.14x0.32% 27.63B
50.84x17.41x37.77x1.64% 20.23B
74.6x14.65x65.82x0.28% 19.93B
76.11x12.3x54.1x0.36% 17.95B
Average 61.10x 13.52x 50.05x 0.49% 75.41B
Weighted average by Cap. 50.54x 12.79x 43.34x 0.4%

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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