Is Applied Materials or Intel more undervalued?

As of Oct 30, 2026, Applied Materials is at −5.4% to fair value and Intel at −20.3%. Applied Materials is the less overvalued of the two. Model-based estimate, not financial advice.

Which has higher quality, Applied Materials or Intel?

Applied Materials has a quality score of 76/100 and Intel 39/100. Applied Materials leads on quality.

STOCK COMPARISON

Applied Materials vs Intel: Fair Value & Quality

Both stocks run through our valuation models. Here is how Applied Materials (AMAT) and Intel (INTC) compare, as of Oct 30, 2026.

As of Oct 30, 2026, Fair Value Calculator sees Applied Materials as the less overvalued of the two: Applied Materials trades at $390 versus a fair value of $369 (−5.4%), while Intel trades at $65.76 versus $52.42 (−20.3%).

Applied Materials

AMAT · USD · Information Technology

−5.4%

upside to fair value

fairly valued

Price$390

Fair Value$369

Quality76/100

Fair ValueQualityUptrend

Intel

INTC · USD · Information Technology

−20.3%

upside to fair value

overvalued

Price$65.76

Fair Value$52.42

Quality39/100

Fair ValueQualityUptrend

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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Applied MaterialsIntel

Valuation

36.4×P/E (TTM)n/a

38.0×P/E ex one-offs (FY2025)156.6×

21.1×Forward P/E (FY2027)30.4×

18.1×Median P/E at FY-end (ex one-offs where documented)13.6×

10.94×P/S (TTM)8.24×

16.52×P/B4.11×

33.1×EV/EBITDA29.7×

0.83×PEG0.50×

−5.4%Fair value upside−20.3%

0.5%Dividend yieldn/a

$1.98Dividend per sharen/a

Profitability

33.7%Operating margin12.2%

1.15×EBIT margin trend (5Y)n/a

41.1%Return on equity-10.7%

19.3%Return on assets-0.1%

Growth

24.8%Revenue growth (YoY)25.4%

3.2%Avg. growth/yr (3Y)-5.7%

10.5%Avg. growth/yr (5Y)-7.5%

+21.7%Value creation/yrn/a

Balance & size

30.8×Interest coverage (EBIT/interest)n/a

0.32×Debt / equity0.39×

$337BMarket cap$470B

healthyGrowth qualityweak

The P/E excluding one-off items is scored: for at least one of the two companies, special items (write-downs, restructuring, litigation) move the reported P/E by 15 % or more. The trailing P/E is shown for reference.

Applied Materials, median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2018 ex one-offs: 18.1. Intel, median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 13.6.

Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Applied Materials leads: 8 to 4 metric wins.

n/a = 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 Materials Intel

ProfitabilityHow much profit the company makes from its sales and capital

Quality GrowthAre margins and returns getting better?

CashflowDo the profits arrive as real cash?

Financial strengthDebt, balance sheet and risk of trouble

InvestmentDoes it invest with discipline instead of growing at any price?

Low VolatilityHow calm the share price moves, does not count

MomentumPrice trend of the last 3 to 12 months, does not count

Near the 52-week highDistance to the 52-week high, does not count

New sharesBuys back shares or issues new ones?

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model family	Applied MaterialsPrice $390	IntelPrice $65.76
DCF Models	−56.1%below the price$171	n/a
Earnings-Based	−75.1%below the price$97.00	n/a
Dividend Discount	−93.2%below the price$26.45	n/a
Multiples	−55.4%below the price$174	−60.1%below the price$26.21
Asset-Based	−98.4%below the price$6.30	−83.1%below the price$11.10
Growth DCF	−62.4%below the price$147	n/a
Economic Profit	−79.5%below the price$79.97	n/a
Growth Earnings	−51.2%below the price$190	n/a
Matching families	2 of 8
Minimum	−98.4%below the price$6.30	−83.1%below the price$11.10
Maximum	−55.4%below the price$174	−60.1%below the price$26.21
Median	−76.9%below the price$90.16	−71.6%below the price$18.66
Geometric mean	−91.5%below the price$33.11	−74.1%below the price$17.06
Ahead family by family	1 of 2	1 of 2

Minimum, maximum, median and geometric mean only use the families both stocks have (matching families: 2 of 8), so a family without a value on one side does not distort the comparison. Ahead in a family is the stock whose fair value there sits higher relative to its price. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Family by family: Applied Materials is ahead in 1 of 2 shared families, Intel in 1.

Applied Materials: 26 of 26 models see the stock below the current price.

Intel: 2 of 2 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Applied Materials

Price $390

Fair Value $369

Bear $210Bull $495

Intel

Price $65.76

Fair Value $52.42

Bear $36.26Bull $68.58

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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 score76 · Top 25%

Fair value upside−5.4% · above median

Intel · Information Technology

Quality score39 · bottom 25%

Fair value upside−20.3% · below median

Bottom line

Applied Materials has the higher quality score (76/100).

Open Applied Materials live analysis →

Applied Materials · Intel

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.