AMAT vs JPM: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and JPMorgan Chase & Co. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-20.
Applied Materials, Inc. · Technology
$406.91
-12.0% upside to fair value
Grade B-
High Quality
VS
JPMorgan Chase & Co. · Financial Services
$316.99
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
JPM has more upside to fair value
(+45.0%).
JPM trades at a lower forward P/E
(15.0x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
JPM |
| Current Price |
$406.91 |
$316.99 |
| Fair Value Estimate |
$358.00 |
$459.64 |
| Upside to Fair Value |
-12.0%
|
+45.0%
|
| Market Cap |
$322.9B |
$854.9B |
| Forward P/E |
30.3x
|
15.0x
|
| EV / EBITDA |
30.2x
|
21.8x
|
| Price / Sales |
10.2x
|
3.0x
|
| Price / FCF |
51.6x
|
8.5x
|
| Revenue Growth YoY |
+11.0%
|
+6.9%
|
| Gross Margin |
49.9%
|
60.9%
|
| Operating Margin |
31.9%
|
26.2%
|
| Return on Equity |
47.0%
|
16.3%
|
| Dividend Yield |
0.45% |
0% |
| FCF Yield |
1.94%
|
11.79%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Applied Materials is the world's leading semiconductor and display equipment company, and the May 14 Q2 fiscal 2026 print materially strengthened the operating story. Revenue grew 11 percent year over year to a record $7.91 billion, non-GAAP earnings per share of $2.86 beat consensus of $2.68, and management guided Q3 to a record $8.95 billion in revenue with non-GAAP earnings per share of $3.36 …
JPMorgan Chase & Co. is a leading diversified financial services firm with a strong competitive moat driven by its scale, diversified revenue streams, and long-tenured leadership. The company operates across four main segments: Commercial & Investment Bank, Consumer & Community Banking, Asset & Wealth Management, and Corporate, generating $279.75 billion in revenue in fiscal 2025. Its durable com…
Accumulation Zones
| Metric |
AMAT |
JPM |
| Zone Low |
$268.50 |
$344.73 |
| Zone High |
$304.30 |
$390.69 |
| In Buy Zone? |
No
|
Yes
|