AAPL vs AMAT: Which Is the Better Buy?
Side-by-side comparison of Apple Inc. and Applied Materials, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Apple Inc. · Technology
$270.23
+68.0% upside to fair value
Grade B
High Quality
VS
Applied Materials, Inc. · Technology
$394.33
-58.9% upside to fair value
Grade C
High Quality
QuantHub Verdict
AAPL has more upside to fair value
(+68.0%).
AAPL trades at a lower forward P/E
(33.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AAPL |
AMAT |
| Current Price |
$270.23 |
$394.33 |
| Fair Value Estimate |
$454.10 |
$162.08 |
| Upside to Fair Value |
+68.0%
|
-58.9%
|
| Market Cap |
$3,971.8B |
$312.9B |
| Forward P/E |
33.8x
|
39.9x
|
| EV / EBITDA |
26.3x
|
31.6x
|
| Price / Sales |
9.1x
|
11.1x
|
| Price / FCF |
32.2x
|
50.5x
|
| Revenue Growth YoY |
+15.7%
|
-2.1%
|
| Gross Margin |
47.3%
|
48.7%
|
| Operating Margin |
32.4%
|
29.1%
|
| Return on Equity |
159.9%
|
38.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.1%
|
1.98%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Apple Inc. is a leading technology company specializing in consumer electronics, software, and services. The business quality is high due to its durable competitive moats including brand strength, network effects, and switching costs, supported by consistent earnings growth and strong operational execution under CEO Tim Cook. The company reported robust revenue growth of 15.7% and earnings growth…
Applied Materials, Inc. is a leading global provider of semiconductor and display equipment, specializing in materials engineering solutions critical to chip manufacturing. The company benefits from a durable competitive moat supported by its market leadership, innovation engine with over 8,500 patents since 2013, and a strong management team led by CEO Gary E. Dickerson. Despite these strengths,…
Accumulation Zones
| Metric |
AAPL |
AMAT |
| Zone Low |
$340.58 |
$121.56 |
| Zone High |
$385.99 |
$137.77 |
| In Buy Zone? |
Yes
|
No
|