AMAT vs MA: Which Is the Better Buy?

Side-by-side comparison of Applied Materials, Inc. and Mastercard Incorporated — 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
Mastercard Incorporated · Financial Services
$543.60
+45.0% upside to fair value
High Conviction Grade A High Quality
QuantHub Verdict
MA has more upside to fair value (+45.0%). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMAT MA
Current Price $603.04 $543.60
Fair Value Estimate $331.67 $788.22
Upside to Fair Value -45.0% +45.0%
Market Cap $478.8B $480.3B
Forward P/E 56.4x
EV / EBITDA 43.0x 23.3x
Price / Sales 16.5x 14.2x
Price / FCF 80.3x 27.1x
Revenue Growth YoY +11.4% +15.8%
Gross Margin 49.0% 83.0%
Operating Margin 29.5% 59.4%
Return on Equity 39.8% 206.1%
Dividend Yield 0% 0.62%
FCF Yield 1.25% 3.69%
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…
MA — Mastercard Incorporated
Mastercard operates a global two-sided payments network that connects issuers, acquirers, merchants and cardholders, monetizing payment volumes and an expanding set of security, data, authentication and other value-added services. Business quality is high: the network benefits from powerful acceptance and scale effects, 83.0% gross margin, 59.4% operating margin, 45.9% net margin, 206.1% ROE, and…
Accumulation Zones
Metric AMAT MA
Zone Low $248.75 $591.16
Zone High $281.92 $669.99
In Buy Zone? No Yes
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