AMAT vs MELI: Which Is the Better Buy?

Side-by-side comparison of Applied Materials, Inc. and MercadoLibre, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-06.
Applied Materials, Inc. · Technology
$603.04
-45.0% upside to fair value
Grade C High Quality
VS
MercadoLibre, Inc. · Consumer Cyclical
$1,635.15
+45.0% upside to fair value
Grade B High Quality
QuantHub Verdict
MELI has more upside to fair value (+45.0%). MELI trades at a lower forward P/E (43.2x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMAT MELI
Current Price $603.04 $1,635.15
Fair Value Estimate $331.67 $2,370.97
Upside to Fair Value -45.0% +45.0%
Market Cap $478.8B $82.9B
Forward P/E 56.4x 43.2x
EV / EBITDA 43.0x 27.0x
Price / Sales 16.5x 2.6x
Price / FCF 80.3x 7.7x
Revenue Growth YoY +11.4% +49.0%
Gross Margin 49.0% 43.9%
Operating Margin 29.5% 9.6%
Return on Equity 39.8% 29.6%
Dividend Yield 0% 0%
FCF Yield 1.25% 12.92%
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…
MELI — MercadoLibre, Inc.
MercadoLibre is a leading Latin American e-commerce and fintech platform with a durable competitive moat driven by its integrated logistics and financial services stack. The company commands approximately 30 to 35 percent market share in e-commerce and over 30 percent in online payments in key markets like Brazil. It is founder-influenced with a long-tenured management team and reinvests heavily …
Accumulation Zones
Metric AMAT MELI
Zone Low $248.75 $1,778.23
Zone High $281.92 $2,015.32
In Buy Zone? No Yes
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