STOCK COMPARISON
Applied Materials vs ASML Holding: Fair Value & Quality
Both stocks run through our valuation models. Here is how Applied Materials (AMAT) and ASML Holding (ASML) compare, as of Aug 8, 2026.
As of Aug 8, 2026, Fair Value Calculator sees ASML Holding as the less overvalued of the two: Applied Materials trades at $527 versus a fair value of $143 (-73%), while ASML Holding trades at €1,494 versus €444 (-70%).
Applied Materials
AMAT · USD · Information Technology
-73%
upside to fair value
overvalued
Price$527
Fair Value$143
Quality74/100
ASML Holding
ASML.AS · EUR · Information Technology
-70%
upside to fair value
overvalued
Price€1,494
Fair Value€444
Quality79/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Applied MaterialsASML Holding
Valuation
56.2×P/E (TTM)60.6×
15.85×P/S (TTM)19.27×
22.53×P/B34.71×
49.5×EV/EBITDA49.7×
1.45×PEG2.19×
0.3%Dividend yield0.3%
$1.91Dividend per share€5.90
Profitability
29%Net margin30%
32%Operating margin37%
40%Return on equity54%
15%Return on assets16%
Growth
11%Revenue growth (YoY)21%
3.2%Avg. growth/yr (3Y)15.6%
10.5%Avg. growth/yr (5Y)18.5%
Balance & size
0.32×Debt / equity0.14×
$460BMarket cap$681B
healthyGrowth qualityhealthy
ASML Holding leads: 6 to 8 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Applied Materialsof which business quality 74 · market factors 67
ASML Holdingof which business quality 79 · market factors 70
ProfitabilityMargins and returns on capital today
85
81
Quality GrowthAre margins and returns improving?
48
77
CashflowEarnings quality: real cash, not paper profit
70
86
Fin. StrengthBalance sheet, leverage, solvency risk
87
85
InvestmentDisciplined investing over empire-building
40
42
Low VolatilityCalm price path (market factor)
9
35
MomentumPrice trend over the last 3–12 months (market factor)
98
82
52W MomentumDistance to the 52-week high (market factor)
82
89
Net IssuanceBuybacks instead of dilution
100
92
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Applied Materials
DCF Models$170
Earnings-Based$96.95
Dividend Discount$33.30
Multiples$117
Asset-Based$17.23
Growth DCF$146
Economic Profit$110
Growth Earnings$156
26 of 26 models see the stock below the current price.
ASML Holding
DCF Models€708
Earnings-Based€393
Dividend Discount€127
Multiples€342
Asset-Based€34.21
Growth DCF€664
Economic Profit€376
Growth Earnings€570
26 of 26 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Applied Materials
Bear $90.00Fair Value $143Bull $203
$527 = current price (white tick)
ASML Holding
Bear €339Fair Value €444Bull €740
€1,494 = current price (white tick)
Compare two other stocks
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Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Applied Materials · Information Technology
Quality score74 · Top 25%
Fair value upside-73% · bottom 25%
ASML Holding · Information Technology
Quality score79 · Top 25%
Fair value upside-70% · bottom 25%
Bottom line
As of Aug 8, 2026, Fair Value Calculator sees ASML Holding as the less overvalued of the two: Applied Materials trades at $527 versus a fair value of $143 (-73%), while ASML Holding trades at €1,494 versus €444 (-70%).
ASML Holding has the higher quality score (79/100).
See the full analysis →
More comparisons
Popular match-ups from the same sectors, all with fair value and quality score.
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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
