AMAT vs BLK: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and BlackRock, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-24.
Applied Materials, Inc. · Technology
$474.38
-3.5% upside to fair value
Med Conviction
Grade C
High Quality
VS
BlackRock, Inc. · Financial Services
$1,069.78
+44.0% upside to fair value
High Conviction
Grade A
High Quality
QuantHub Verdict
BLK has more upside to fair value
(+44.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
AMAT |
BLK |
| Current Price |
$474.38 |
$1,069.78 |
| Fair Value Estimate |
$457.95 |
$1,540.94 |
| Upside to Fair Value |
-3.5%
|
+44.0%
|
| Market Cap |
$376.6B |
$165.8B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
33.1x
|
15.9x
|
| Price / Sales |
12.2x
|
6.1x
|
| Price / FCF |
67.0x
|
71.5x
|
| Revenue Growth YoY |
+24.8%
|
+30.6%
|
| Gross Margin |
49.4%
|
55.7%
|
| Operating Margin |
30.5%
|
31.1%
|
| Return on Equity |
40.4%
|
11.7%
|
| Dividend Yield |
0.42% |
2.09% |
| FCF Yield |
1.49%
|
1.4%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Applied Materials is the largest supplier of wafer fabrication equipment, providing deposition, etch, ion implantation, and process-control tools alongside a growing Applied Global Services aftermarket business to semiconductor manufacturers worldwide. The business quality is high: TTM gross margin of 49.4%, TTM operating margin of 30.5%, TTM net margin of 30.1%, and ROE of 40.4% reflect a durabl…
BlackRock is the world's largest asset manager, overseeing $15.345 trillion in assets across ETFs, active strategies, alternatives, and the Aladdin investment-technology platform, serving institutional, intermediary, and individual clients globally. The business quality is high: TTM gross margin of 55.7%, operating margin of 31.1%, and net margin of 24.1% reflect the scalability of a fee-based mo…
Accumulation Zones
| Metric |
AMAT |
BLK |
| Zone Low |
$343.46 |
$1,155.70 |
| Zone High |
$389.26 |
$1,309.80 |
| In Buy Zone? |
No
|
Yes
|