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 75,828 109,452 153,768 182,232 334,239 - -
Change - -36.38% 44.34% 40.49% 18.51% 83.41% - -
Enterprise Value (EV) 1 119,180 78,704 108,144 150,556 180,214 331,747 326,091 319,975
Change - -33.96% 37.41% 39.22% 19.7% 84.09% -1.7% -1.88%
P/E 20.6x 11.8x 16.1x 21.7x 26.4x 31.9x 22.8x 17.6x
PBR 9.68x 6.3x 6.72x 8.19x 9.05x 12.3x 9.7x 8.11x
PEG - 0.7x 1.79x 3.52x 45.46x 0.6x 0.6x 0.6x
Capitalization / Revenue 5.17x 2.94x 4.13x 5.66x 6.42x 9.76x 7.25x 6.03x
EV / Revenue 5.17x 3.05x 4.08x 5.54x 6.35x 9.68x 7.07x 5.77x
EV / EBITDA 15.4x 9.48x 13.1x 18.1x 20x 28x 19.2x 15.1x
EV / EBIT 16.3x 10x 14x 19x 21x 29.3x 19.9x 15.8x
EV / FCF 25x 17.1x 14.2x 20.1x 31.6x 58.8x 30.7x 22.9x
FCF Yield 4.01% 5.86% 7.02% 4.97% 3.16% 1.7% 3.26% 4.37%
Dividend per Share 2 0.94 1.02 1.22 - 1.78 1.977 2.21 2.556
Rate of return 0.71% 1.16% 0.93% - 0.78% 0.47% 0.52% 0.61%
EPS 2 6.4 7.44 8.11 8.61 8.66 13.19 18.44 23.92
Distribution rate 14.7% 13.7% 15% - 20.6% 15% 12% 10.7%
Net sales 1 23,063 25,785 26,517 27,176 28,368 34,254 46,132 55,445
EBITDA 1 7,716 8,305 8,234 8,316 8,997 11,854 16,980 21,211
EBIT 1 7,322 7,861 7,719 7,924 8,562 11,335 16,405 20,234
Net income 1 5,888 6,525 6,856 7,177 6,998 10,537 14,616 18,519
Net Debt 1 -7 2,876 -1,308 -3,212 -2,018 -2,492 -8,148 -14,265
Reference price 2 132.00 88.14 130.84 186.52 228.75 421.17 421.17 421.17
Nbr of stocks (in thousands) 902,929 860,309 836,534 824,404 796,642 793,597 - -
Announcement Date 18/11/21 17/11/22 16/11/23 14/11/24 13/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.16x9.76x28.21x0.47% 337B
60.98x8.94x47.35x0.15% 67.67B
60.93x17.75x77.8x0.13% 46.07B
32.83x8.59x22.28x0.54% 42.92B
29.62x9.32x19.54x1.33% 36.09B
65.57x19.72x74.95x0.15% 25.91B
33.28x3.11x9.49x0.46% 23.89B
74.7x14.56x70.5x0.33% 19.42B
40.89x13.96x30.39x2.02% 16.41B
70x18.57x65.9x0.2% 17.35B
Average 50.10x 12.43x 44.64x 0.58% 63.24B
Weighted average by Cap. 41.23x 10.81x 36.57x 0.48%

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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