APPLIED MATERIALS INC (AP2.DE) Fundamental Analysis & Valuation

FRA:AP2 • US0382221051

Current stock price

295.15 EUR
-7.55 (-2.49%)
Last:

This AP2.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. AP2.DE Profitability Analysis

1.1 Basic Checks

  • In the past year AP2 was profitable.
  • AP2 had a positive operating cash flow in the past year.
  • AP2 had positive earnings in each of the past 5 years.
  • In the past 5 years AP2 always reported a positive cash flow from operatings.
AP2.DE Yearly Net Income VS EBIT VS OCF VS FCFAP2.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

1.2 Ratios

  • AP2's Return On Assets of 20.82% is amongst the best of the industry. AP2 outperforms 91.38% of its industry peers.
  • AP2's Return On Equity of 36.10% is amongst the best of the industry. AP2 outperforms 84.48% of its industry peers.
  • AP2 has a Return On Invested Capital of 22.88%. This is amongst the best in the industry. AP2 outperforms 86.21% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for AP2 is significantly above the industry average of 14.64%.
Industry RankSector Rank
ROA 20.82%
ROE 36.1%
ROIC 22.88%
ROA(3y)20.82%
ROA(5y)21.93%
ROE(3y)38%
ROE(5y)43.11%
ROIC(3y)25.04%
ROIC(5y)27.65%
AP2.DE Yearly ROA, ROE, ROICAP2.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

1.3 Margins

  • The Profit Margin of AP2 (27.78%) is better than 72.41% of its industry peers.
  • AP2's Profit Margin has improved in the last couple of years.
  • The Operating Margin of AP2 (29.74%) is better than 74.14% of its industry peers.
  • In the last couple of years the Operating Margin of AP2 has grown nicely.
  • AP2 has a Gross Margin (48.72%) which is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of AP2 has grown nicely.
Industry RankSector Rank
OM 29.74%
PM (TTM) 27.78%
GM 48.72%
OM growth 3Y-0.37%
OM growth 5Y3.31%
PM growth 3Y-0.85%
PM growth 5Y3.24%
GM growth 3Y1.53%
GM growth 5Y1.71%
AP2.DE Yearly Profit, Operating, Gross MarginsAP2.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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8

2. AP2.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AP2 is creating value.
  • Compared to 1 year ago, AP2 has less shares outstanding
  • The number of shares outstanding for AP2 has been reduced compared to 5 years ago.
  • AP2 has a better debt/assets ratio than last year.
AP2.DE Yearly Shares OutstandingAP2.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
AP2.DE Yearly Total Debt VS Total AssetsAP2.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 14.47 indicates that AP2 is not in any danger for bankruptcy at the moment.
  • AP2 has a better Altman-Z score (14.47) than 75.86% of its industry peers.
  • AP2 has a debt to FCF ratio of 1.06. This is a very positive value and a sign of high solvency as it would only need 1.06 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 1.06, AP2 is doing good in the industry, outperforming 70.69% of the companies in the same industry.
  • AP2 has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
  • AP2's Debt to Equity ratio of 0.30 is on the low side compared to the rest of the industry. AP2 is outperformed by 62.07% of its industry peers.
  • Although AP2's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 1.06
Altman-Z 14.47
ROIC/WACC1.98
WACC11.54%
AP2.DE Yearly LT Debt VS Equity VS FCFAP2.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 2.71 indicates that AP2 has no problem at all paying its short term obligations.
  • AP2 has a better Current ratio (2.71) than 63.79% of its industry peers.
  • A Quick Ratio of 1.98 indicates that AP2 should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.98, AP2 is doing good in the industry, outperforming 65.52% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.71
Quick Ratio 1.98
AP2.DE Yearly Current Assets VS Current LiabilitesAP2.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. AP2.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.72% over the past year.
  • The Earnings Per Share has been growing by 17.65% on average over the past years. This is quite good.
  • The Revenue has been growing slightly by 2.10% in the past year.
  • AP2 shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.52% yearly.
EPS 1Y (TTM)5.72%
EPS 3Y6.91%
EPS 5Y17.65%
EPS Q2Q%0%
Revenue 1Y (TTM)2.1%
Revenue growth 3Y3.23%
Revenue growth 5Y10.52%
Sales Q2Q%-2.15%

3.2 Future

  • AP2 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.88% yearly.
  • The Revenue is expected to grow by 12.66% on average over the next years. This is quite good.
EPS Next Y19.03%
EPS Next 2Y23.04%
EPS Next 3Y16.76%
EPS Next 5Y17.88%
Revenue Next Year10.99%
Revenue Next 2Y15.1%
Revenue Next 3Y12.6%
Revenue Next 5Y12.66%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
AP2.DE Yearly Revenue VS EstimatesAP2.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B 50B
AP2.DE Yearly EPS VS EstimatesAP2.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15 20

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4

4. AP2.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 36.17, AP2 can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of AP2 is on the same level as its industry peers.
  • AP2 is valuated rather expensively when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
  • AP2 is valuated rather expensively with a Price/Forward Earnings ratio of 23.88.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AP2 indicates a somewhat cheap valuation: AP2 is cheaper than 63.79% of the companies listed in the same industry.
  • AP2 is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 36.17
Fwd PE 23.88
AP2.DE Price Earnings VS Forward Price EarningsAP2.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as AP2.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of AP2 indicates a somewhat cheap valuation: AP2 is cheaper than 68.97% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 43.64
EV/EBITDA 30.95
AP2.DE Per share dataAP2.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AP2 does not grow enough to justify the current Price/Earnings ratio.
  • AP2 has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as AP2's earnings are expected to grow with 16.76% in the coming years.
PEG (NY)1.9
PEG (5Y)2.05
EPS Next 2Y23.04%
EPS Next 3Y16.76%

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4

5. AP2.DE Dividend Analysis

5.1 Amount

  • AP2 has a yearly dividend return of 0.63%, which is pretty low.
  • AP2's Dividend Yield is comparable with the industry average which is at 0.79.
  • With a Dividend Yield of 0.63, AP2 pays less dividend than the S&P500 average, which is at 1.90.
Industry RankSector Rank
Dividend Yield 0.63%

5.2 History

  • On average, the dividend of AP2 grows each year by 14.79%, which is quite nice.
Dividend Growth(5Y)14.79%
Div Incr Years6
Div Non Decr Years6
AP2.DE Yearly Dividends per shareAP2.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 18.15% of the earnings are spent on dividend by AP2. This is a low number and sustainable payout ratio.
  • The dividend of AP2 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP18.15%
EPS Next 2Y23.04%
EPS Next 3Y16.76%
AP2.DE Yearly Income VS Free CF VS DividendAP2.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
AP2.DE Dividend Payout.AP2.DE Dividend Payout, showing the Payout Ratio.AP2.DE Dividend Payout.PayoutRetained Earnings

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AP2.DE Fundamentals: All Metrics, Ratios and Statistics

APPLIED MATERIALS INC

FRA:AP2 (3/27/2026, 7:00:00 PM)

295.15

-7.55 (-2.49%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-12
Earnings (Next)05-14
Inst Owners85.14%
Inst Owner ChangeN/A
Ins Owners0.31%
Ins Owner ChangeN/A
Market Cap234.23B
Revenue(TTM)28.21B
Net Income(TTM)7.84B
Analysts81.4
Price Target350.33 (18.7%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.63%
Yearly Dividend1.49
Dividend Growth(5Y)14.79%
DP18.15%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.75%
Min EPS beat(2)1.63%
Max EPS beat(2)5.86%
EPS beat(4)4
Avg EPS beat(4)2.95%
Min EPS beat(4)1.29%
Max EPS beat(4)5.86%
EPS beat(8)8
Avg EPS beat(8)2.94%
EPS beat(12)12
Avg EPS beat(12)4.23%
EPS beat(16)15
Avg EPS beat(16)4.4%
Revenue beat(2)2
Avg Revenue beat(2)0.04%
Min Revenue beat(2)0.03%
Max Revenue beat(2)0.06%
Revenue beat(4)2
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)0.06%
Revenue beat(8)2
Avg Revenue beat(8)-0.77%
Revenue beat(12)6
Avg Revenue beat(12)0.06%
Revenue beat(16)8
Avg Revenue beat(16)-0.01%
PT rev (1m)25.37%
PT rev (3m)59.29%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)18.31%
EPS NY rev (1m)14.23%
EPS NY rev (3m)15.83%
Revenue NQ rev (1m)1.72%
Revenue NQ rev (3m)10.49%
Revenue NY rev (1m)1.56%
Revenue NY rev (3m)8.73%
Valuation
Industry RankSector Rank
PE 36.17
Fwd PE 23.88
P/S 9.58
P/FCF 43.64
P/OCF 31
P/B 12.45
P/tB 15.19
EV/EBITDA 30.95
EPS(TTM)8.16
EY2.76%
EPS(NY)12.36
Fwd EY4.19%
FCF(TTM)6.76
FCFY2.29%
OCF(TTM)9.52
OCFY3.23%
SpS30.81
BVpS23.72
TBVpS19.43
PEG (NY)1.9
PEG (5Y)2.05
Graham Number65.99
Profitability
Industry RankSector Rank
ROA 20.82%
ROE 36.1%
ROCE 28.07%
ROIC 22.88%
ROICexc 31.94%
ROICexgc 39.07%
OM 29.74%
PM (TTM) 27.78%
GM 48.72%
FCFM 21.95%
ROA(3y)20.82%
ROA(5y)21.93%
ROE(3y)38%
ROE(5y)43.11%
ROIC(3y)25.04%
ROIC(5y)27.65%
ROICexc(3y)36.63%
ROICexc(5y)37.97%
ROICexgc(3y)47.26%
ROICexgc(5y)49.64%
ROCE(3y)31.01%
ROCE(5y)34.04%
ROICexgc growth 3Y-4.49%
ROICexgc growth 5Y0.83%
ROICexc growth 3Y-2.74%
ROICexc growth 5Y3.53%
OM growth 3Y-0.37%
OM growth 5Y3.31%
PM growth 3Y-0.85%
PM growth 5Y3.24%
GM growth 3Y1.53%
GM growth 5Y1.71%
F-Score7
Asset Turnover0.75
Health
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 1.06
Debt/EBITDA 0.74
Cap/Depr 552.52%
Cap/Sales 8.95%
Interest Coverage 33.3
Cash Conversion 98.54%
Profit Quality 79.02%
Current Ratio 2.71
Quick Ratio 1.98
Altman-Z 14.47
F-Score7
WACC11.54%
ROIC/WACC1.98
Cap/Depr(3y)345.96%
Cap/Depr(5y)276.93%
Cap/Sales(3y)5.51%
Cap/Sales(5y)4.49%
Profit Quality(3y)98.84%
Profit Quality(5y)89.65%
High Growth Momentum
Growth
EPS 1Y (TTM)5.72%
EPS 3Y6.91%
EPS 5Y17.65%
EPS Q2Q%0%
EPS Next Y19.03%
EPS Next 2Y23.04%
EPS Next 3Y16.76%
EPS Next 5Y17.88%
Revenue 1Y (TTM)2.1%
Revenue growth 3Y3.23%
Revenue growth 5Y10.52%
Sales Q2Q%-2.15%
Revenue Next Year10.99%
Revenue Next 2Y15.1%
Revenue Next 3Y12.6%
Revenue Next 5Y12.66%
EBIT growth 1Y3.91%
EBIT growth 3Y2.86%
EBIT growth 5Y14.18%
EBIT Next Year17.79%
EBIT Next 3Y19.39%
EBIT Next 5Y17.82%
FCF growth 1Y-19.63%
FCF growth 3Y7.3%
FCF growth 5Y11%
OCF growth 1Y-0.41%
OCF growth 3Y13.81%
OCF growth 5Y15.91%

APPLIED MATERIALS INC / AP2.DE Fundamental Analysis FAQ

What is the ChartMill fundamental rating of APPLIED MATERIALS INC (AP2.DE) stock?

ChartMill assigns a fundamental rating of 7 / 10 to AP2.DE.


What is the valuation status of APPLIED MATERIALS INC (AP2.DE) stock?

ChartMill assigns a valuation rating of 4 / 10 to APPLIED MATERIALS INC (AP2.DE). This can be considered as Fairly Valued.


What is the profitability of AP2 stock?

APPLIED MATERIALS INC (AP2.DE) has a profitability rating of 8 / 10.


What are the PE and PB ratios of APPLIED MATERIALS INC (AP2.DE) stock?

The Price/Earnings (PE) ratio for APPLIED MATERIALS INC (AP2.DE) is 36.17 and the Price/Book (PB) ratio is 12.45.


How sustainable is the dividend of APPLIED MATERIALS INC (AP2.DE) stock?

The dividend rating of APPLIED MATERIALS INC (AP2.DE) is 4 / 10 and the dividend payout ratio is 18.15%.