AMAT vs MS: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and Morgan Stanley — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Applied Materials, Inc. · Technology
$394.33
-58.9% upside to fair value
Grade C
High Quality
VS
Morgan Stanley · Financial Services
$189.30
-30.5% upside to fair value
Grade C
High Quality
QuantHub Verdict
MS has more upside to fair value
(-30.5%).
MS trades at a lower forward P/E
(16.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
MS |
| Current Price |
$394.33 |
$189.30 |
| Fair Value Estimate |
$162.08 |
$131.49 |
| Upside to Fair Value |
-58.9%
|
-30.5%
|
| Market Cap |
$312.9B |
$300.6B |
| Forward P/E |
39.9x
|
16.4x
|
| EV / EBITDA |
31.6x
|
24.4x
|
| Price / Sales |
11.1x
|
2.5x
|
| Price / FCF |
50.5x
|
-16.8x
|
| Revenue Growth YoY |
-2.1%
|
+18.8%
|
| Gross Margin |
48.7%
|
58.0%
|
| Operating Margin |
29.1%
|
19.5%
|
| Return on Equity |
38.9%
|
16.7%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.98%
|
—
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Applied Materials, Inc. is a leading global provider of semiconductor and display equipment, specializing in materials engineering solutions critical to chip manufacturing. The company benefits from a durable competitive moat supported by its market leadership, innovation engine with over 8,500 patents since 2013, and a strong management team led by CEO Gary E. Dickerson. Despite these strengths,…
Morgan Stanley is a leading global financial services firm operating in Institutional Securities, Wealth Management, and Investment Management. The company benefits from a durable competitive moat supported by its systemically important status, diversified revenue streams, and strong management with a 36-year veteran CEO. Despite solid fundamentals including 14.2% revenue growth in 2025 and 16.7%…
Accumulation Zones
| Metric |
AMAT |
MS |
| Zone Low |
$121.56 |
$98.62 |
| Zone High |
$137.77 |
$111.77 |
| In Buy Zone? |
No
|
No
|