AMAT vs LLY: Which Is the Better Buy?

Side-by-side comparison of Applied Materials, Inc. and Eli Lilly and Company — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-17.
Applied Materials, Inc. · Technology
$603.04
-45.0% upside to fair value
Grade C High Quality
VS
Eli Lilly and Company · Healthcare
$1,179.09
+31.7% upside to fair value
High Conviction Grade A High Quality
QuantHub Verdict
LLY has more upside to fair value (+31.7%). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMAT LLY
Current Price $603.04 $1,179.09
Fair Value Estimate $331.67 $1,552.32
Upside to Fair Value -45.0% +31.7%
Market Cap $478.8B $1,110.4B
Forward P/E 56.4x
EV / EBITDA 43.0x 34.3x
Price / Sales 16.5x 14.6x
Price / FCF 80.3x 77.7x
Revenue Growth YoY +11.4% +55.5%
Gross Margin 49.0% 83.5%
Operating Margin 29.5% 45.9%
Return on Equity 39.8% 101.3%
Dividend Yield 0% 0.55%
FCF Yield 1.25% 1.29%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
AMAT — Applied Materials, Inc.
Applied Materials, Inc. is a leading semiconductor equipment company with a strong competitive moat in multiple wafer fab equipment segments, driven by its scale, infrastructure, and technology leadership in AI-critical process steps. The company benefits from a seasoned management team led by CEO Gary Dickerson, who has over 12 years at the helm and a track record of strong revenue and profitabi…
LLY — Eli Lilly and Company
Eli Lilly is a global biopharma company whose exceptionally profitable cardiometabolic franchises, led by Mounjaro and Zepbound, are driving a high-quality growth phase: revenue rose 55.5% year over year and earnings rose 168.0% year over year in the most recent quarter, while gross, operating, and net margins were 83.5%, 45.9%, and 35.0%, respectively. Business quality is high because tirzepatid…
Accumulation Zones
Metric AMAT LLY
Zone Low $248.75 $1,164.24
Zone High $281.92 $1,319.47
In Buy Zone? No Yes
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