AMAT vs WMT: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and Walmart 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
Walmart Inc. · Consumer Defensive
$117.18
-39.6% upside to fair value
Grade C
High Quality
QuantHub Verdict
WMT has more upside to fair value
(-39.6%).
WMT trades at a lower forward P/E
(41.1x).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
AMAT |
WMT |
| Current Price |
$603.04 |
$117.18 |
| Fair Value Estimate |
$331.67 |
$70.81 |
| Upside to Fair Value |
-45.0%
|
-39.6%
|
| Market Cap |
$478.8B |
$932.5B |
| Forward P/E |
56.4x
|
41.1x
|
| EV / EBITDA |
43.0x
|
20.7x
|
| Price / Sales |
16.5x
|
1.3x
|
| Price / FCF |
80.3x
|
74.3x
|
| Revenue Growth YoY |
+11.4%
|
+7.3%
|
| Gross Margin |
49.0%
|
25.0%
|
| Operating Margin |
29.5%
|
4.2%
|
| Return on Equity |
39.8%
|
24.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.25%
|
1.35%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
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…
Walmart Inc. operates as a leading discount retailer with a strong competitive moat built on scale, cost leadership, and advanced logistics and technology infrastructure. The company benefits from a diversified revenue base with Walmart U.S. contributing 69%, International 18%, and Sam's Club 13%. Despite solid revenue growth of 7.3% and earnings growth of 25.9% in the most recent quarter, the st…
Accumulation Zones
| Metric |
AMAT |
WMT |
| Zone Low |
$248.75 |
$53.11 |
| Zone High |
$281.92 |
$60.19 |
| In Buy Zone? |
No
|
No
|