AMAT · Applied Materials, Inc.

$626.842026-07-21

Sector: Technology; Industry: Semiconductors; Sub-Industry: Semiconductor Materials & Equipment

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)

Bull

$290

-53.7% vs market

Base · active

$290

-53.7% vs market

Bear

$144

-77.0% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $144

Base $290

Bull $290

Median $530

Market $627

Market Price $627

Mulya.ai Base $290

Analysts Median $530

Mulya.ai IV range ($144 · $290)

Analysts Range ($425 · $770)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2024.Q2	$26.5B	—	32.0%	11.7%	$7.5B	−$1.2B	$6.3B	11.2%	—	29.6%	$25.3B	$8.58	—
2025.Q1	$27.2B	2.5%	32.1%	20.4%	$7.0B	−$2.6B	$4.4B	12.2%	—	27.1%	$26.1B	$8.98	—
2025.Q2	$27.2B	0.0%	32.1%	18.5%	$7.1B	−$3.2B	$4.0B	12.0%	—	26.4%	$27.9B	$8.98	—
2026.Q1	$28.4B	4.4%	32.4%	17.3%	$7.6B	−$2.3B	$5.3B	11.8%	—	26.2%	$30.1B	$8.76	—
2026.Q2	$29.0B	2.3%	32.8%	18.1%	$7.8B	$520MM	$8.3B	11.8%	—	24.9%	$32.4B	$10.65	52.7
italics below = DCF projection · 10yr Rev CAGR: 10.1%
2027.Q2	$38.1B	+31.3%	32.5%	18.3%	$10.1B	−$1.4B	$8.7B	10.4%	$7.9B	30.6%	$33.8B	$11.43	54.8
2028.Q2	$46.2B	+21.2%	32.5%	18.4%	$12.3B	−$1.8B	$10.5B	10.2%	$8.6B	35.3%	$35.6B	$13.82	45.4
2029.Q2	$52.0B	+12.7%	32.5%	18.6%	$13.8B	−$2.1B	$11.6B	10.0%	$8.7B	37.6%	$37.7B	$15.53	40.4
2030.Q2	$56.2B	+8.0%	32.5%	18.8%	$14.8B	−$762MM	$14.1B	9.8%	$9.6B	39.0%	$38.5B	$16.73	37.5
2031.Q2	$59.7B	+6.2%	32.5%	19.0%	$15.7B	−$730MM	$15.0B	9.7%	$9.3B	40.5%	$39.2B	$17.73	35.4

Term. Yr+	$79.1B	4.1%	29.5%	20.0%	$18.7B	−$3.2B	$15.4B	8.6%	$137.4B	23.6%	—	—	—

Active scenario IV: $290 (-53.7% vs market)