APPLIED MATERIALS INC /DE (AMAT)
Semiconductors & Related Devices
Latest Price
$507.67
TTM P/E
47.76
Normalized P/E
59.18
Div Yield
0.38%
Book Value
30.11
P/B Ratio
16.86
Valuation metrics
adjust assumptions →EPS: $8.66
Book value / share: $25.74
Formula: √(22.5 × EPS × BVPS)
Graham Number
$70.83
86% downside
Norm. op. income: $7.7B (median of 7yr)
Tax rate: 13%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$86.39
83% downside
Base FCF: $5.7B (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$174.40
66% downside
EPS: $8.66
Target P/E: 59×
Formula: EPS × P/E
P/E Fair Value
$510.94
+1% upside
Institutional Ownership
76.9% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 78.97M | $26.99B | 9.95% | +3.72M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 51.58M | $17.63B | 6.50% | -- | 2026-03-31 |
| STATE STREET CORP | 37.51M | $12.82B | 4.72% | -423.7K | 2026-03-31 |
| Capital Research Global Investors | 29.46M | $10.07B | 3.71% | -3.25M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 21.92M | $7.48B | 2.76% | +3.31M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 17.26M | $5.90B | 2.17% | -- | 2026-03-31 |
| MORGAN STANLEY | 11.84M | $4.05B | 1.49% | +373.0K | 2026-03-31 |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 10.00M | $3.42B | 1.26% | -691.0K | 2026-03-31 |
| Invesco Ltd. | 9.71M | $3.32B | 1.22% | +1.72M | 2026-03-31 |
| AMERIPRISE FINANCIAL INC | 8.94M | $3.06B | 1.13% | -1.35M | 2026-03-31 |