Checking the Peter Lynch growth stock criteria for APPLIED MATERIALS INC (NASDAQ:AMAT)

Peter Lynch’s approach focused on identifying undervalued growth stocks with simple, scalable businesses. We examine whether APPLIED MATERIALS INC (NASDAQ:AMAT) fits the characteristics of a Lynch-approved investment.

Would Peter Lynch consider APPLIED MATERIALS INC (NASDAQ:AMAT) a winning stock?

• AMAT has achieved an impressive Return on Equity (ROE) of 34.06%, showcasing its ability to generate favorable returns for shareholders.
• AMAT has a Debt/Equity ratio of 0.34, indicating a balanced approach to financing growth.
• AMAT has experienced 23.21 growth in EPS over a 5-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• With a PEG ratio at 0.67, AMAT is priced attractively relative to its earnings expansion.
• With a Current Ratio of 2.68, AMAT shows a stable financial footing with enough assets to cover short-term debts.

What else is there to say on the fundamentals of AMAT?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to AMAT. AMAT was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. AMAT gets an excellent profitability rating and is at the same time showing great financial health properties. AMAT is not valued too expensively and it also shows a decent growth rate. These ratings could make AMAT a good candidate for quality investing.

Our latest full fundamental report of AMAT contains the most current fundamental analsysis.

Our Peter Lynch screener lists more Affordable Growth stocks and is updated daily.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.