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.
News
-
Correction to BE Semiconductor Headline, Article
-
BE Semiconductor Shares Jump After Applied Materials Increases Stake
-
Applied Materials Grows BE Semiconductor Investment to 20% of Shares
-
Applied Materials to Increase its Strategic Investment in BE Semiconductor Industries
-
Applied Materials to Report Fourth Quarter and Fiscal 2026 Results on Nov. 12, 2026
-
Applied Materials Currently Down Nine Days Straight, On Track for Longest Losing Streak Since May 2012 — Data Talk
-
Applied Materials Currently Down Eight Consecutive Days, On Track for Longest Losing Streak Since September 2018 — Data Talk
-
Applied Materials Set to Outperform as AI Drives Sustained Demand for Wafer Fab Equipment
Articles & Videos
-
10 New 4-Star Stocks This Week
-
What’s Ahead for Stocks This Quarter—and Where to Invest
-
7 Charts on Q3 Market Highlights: Stocks Tread Water While the Bond Market Shudders
-
Stocks Run Out of Gas in Q3 as Bond Yields Surge
-
4 Key Questions for Investors to Ask at the Start of Q4
-
29 New 4-Star Stocks This Week
-
How Technology Stocks Have Influenced Broad Value Indexes
-
September Stock Market Outlook: How to Position Your Portfolio During a Risky Stage
-
4 Undervalued Stocks to Buy for Income
Trading Information
- Previous Close Price
- $387.59
- Day Range
- $385.31–398.95
- 52-Week Range
- $203.40–739.67
- Bid/Ask
- $401.00 / $405.00
- Shares Outstanding
- 793.60M
- Market Cap
- $314.21B
- Volume/Avg
- 24,320 / 7M
Key Statistics
- Price/Earnings (Normalized)
- 36.25
- Price/Sales
- 10.26
- Dividend Yield (Trailing)
- 0.50%
- Dividend Yield (Forward)
- 0.54%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 1.06%
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) | 36.25 | 7.55 | 35.67 |
Price/Book Value | 12.26 | 10.40 | 21.67 |
Price/Sales | 10.26 | 8.56 | 11.59 |
Price/Cash Flow | 35.09 | 32.25 | 33.54 |
Price/Earnings
AMAT
8035
LRCX
Financial Strength
|
Metric
|
AMAT
|
8035
|
LRCX
|
|---|---|---|---|
Quick Ratio | 1.67 | 1.39 | 1.79 |
Current Ratio | 2.42 | 2.63 | 2.48 |
Interest Coverage | 33.00 | — | 64.06 |
Quick Ratio
AMAT
8035
LRCX
Profitability
|
Metric
|
AMAT
|
8035
|
LRCX
|
|---|---|---|---|
Return on Assets (Normalized) | 22.69% | 25.63% | 37.28% |
Return on Equity (Normalized) | 39.18% | 34.60% | 74.15% |
Return on Invested Capital (Normalized) | 25.01% | 34.60% | 54.67% |
Return on Assets
AMAT
8035
LRCX
Semiconductor Equipment & Materials Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| ASML Holding NV
ASMLF
| LOCK|D^%H<#h | LOCK|XQ! | $633B | |||
| ASML Holding NV ADR
ASML
| LOCK|J!#<TqgS | LOCK|<% | $633B | |||
| Lam Research Corp
LRCX
| LOCK|!$Mk@G^@ | LOCK|#b^ | $301B | |||
| KLA Corp
KLAC
| LOCK|q$>wfrr | LOCK|D% | $201B | |||
| Advantest Corp ADR
ATEYY
| — | LOCK|Mc | $155B | |||
| Advantest Corp
ADTTF
| — | LOCK|F$C | $155B | |||
| Teradyne Inc
TER
| LOCK|h#jv?& | LOCK|<< | $51B | |||
| Qnity Electronics Inc
Q
| LOCK|cq&ks@ | LOCK|!%#Y | $25B | |||
| Entegris Inc
ENTG
| LOCK|rvj!$^ | LOCK|qF | $23B |
United States