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Valuation and fundamentals watch: AMAT near $569.19 — FY2026 Q2 ending 2026-04-26.

2026-07-21·global-stock-valuation-20260721-amat
Valuation and fundamentals watch: AMAT near $569.19 — FY2026 Q2 ending 2026-04-26.

Comparable-period growth: revenue +11.4% YoY; net income +31.3% YoY; diluted EPS +33.5% YoY.

Quality check: net margin 35.5% (+538 bp YoY); YTD SEC free-cash-flow proxy $1.25B (-22.1% YoY).

Valuation snapshot: trailing P/E 53.6x; forward P/E 34.0x; EV/EBITDA 44.9x; P/S 15.6x.

Latest reported EPS beat consensus by 6.5%.

Read-through: EPS growth outpaced revenue growth, showing positive operating leverage; top-line growth was accompanied by margin expansion; earnings growth was not matched by the cash-flow proxy; forward P/E is materially below trailing P/E, implying higher expected earnings. This is a data observation, not a recommendation.

#Stocks #Earnings #Fundamentals #AMAT

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