AMAT vs DE: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and Deere & Company — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-06-20.
Applied Materials, Inc. · Technology
$617.11
-45.0% upside to fair value
Grade C
High Quality
VS
Deere & Company · Industrials
$589.24
-29.6% upside to fair value
Grade D
High Quality
QuantHub Verdict
DE has more upside to fair value
(-29.6%).
DE trades at a lower forward P/E
(33.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
DE |
| Current Price |
$617.11 |
$589.24 |
| Fair Value Estimate |
$339.41 |
$414.61 |
| Upside to Fair Value |
-45.0%
|
-29.6%
|
| Market Cap |
$490.0B |
$159.1B |
| Forward P/E |
57.7x
|
33.3x
|
| EV / EBITDA |
44.0x
|
18.8x
|
| Price / Sales |
16.9x
|
3.4x
|
| Price / FCF |
82.1x
|
42.2x
|
| Revenue Growth YoY |
+11.4%
|
+6.7%
|
| Gross Margin |
49.0%
|
35.4%
|
| Operating Margin |
29.5%
|
18.4%
|
| Return on Equity |
39.8%
|
18.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.22%
|
2.37%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Applied Materials, Inc. is a leading semiconductor equipment manufacturer specializing in wafer fabrication equipment and services, with a strong competitive moat in deposition, etch, implant, and services segments. Led by CEO Gary Dickerson with over 12 years at the helm, the company has demonstrated durable earnings growth and a robust patent portfolio. Despite solid revenue growth of 11.4% and…
Deere & Company is a leading global manufacturer of agricultural, construction, and forestry machinery with a durable competitive moat anchored by its number one market share in large agricultural equipment and a dense dealer network. The company benefits from embedded precision agriculture technology that widens its competitive gap, particularly in North America where it holds 40 to 60 percent m…
Accumulation Zones
| Metric |
AMAT |
DE |
| Zone Low |
$254.56 |
$310.96 |
| Zone High |
$288.50 |
$352.42 |
| In Buy Zone? |
No
|
No
|