AMAT Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q3 '26 31.07.2026	Q2 '26 30.04.2026	Q1 '26 31.01.2026
Market & Enterprise Value
Market Cap	402.38B EUR	402.89B EUR	313.21B EUR	255.8B EUR
Enterprise Value	402.51B EUR	403.19B EUR	314.18B EUR	255.77B EUR
Valuation Multiples
Trailing P/E	43.75x	43.48x	36.81x	44.86x
Forward P/E	27.44x	--	--	--
Price to Sales	13.05x	13.07x	10.79x	12.12x
Price to Book	15.7x	15.72x	13.1x	11.78x
EV/Revenue	13.05x	13.08x	10.82x	12.11x
EV/EBITDA	39.64x	33.89x	27.53x	32.04x
Price to FCF (P/FCF)	130.84x	71.65x	58.62x	49.83x
EV/FCF	130.88x	71.7x	58.8x	49.83x
FCF Yield	0.76%	1.4%	1.71%	2.01%