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Applied MaterialsXSWX:AMAT -7.02%85 Equity-to-Asset is 0.59 as of Apr. 2026, which is 23% above its 10-year median of 0.48. GuruFocus rates XSWX:AMAT with a GF Score™ of 85/100 and a GF Value™ of CHF171.06 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,029 Semiconductors companies, Applied Materials ranks worse than 55.69% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Applied Materials's Total Stockholders Equity for the quarter that ended in Apr. 2026 was CHF18,831 Mil. Applied Materials's Total Assets for the quarter that ended in Apr. 2026 was CHF31,729 Mil.
Therefore, Applied Materials's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.59.
The historical rank and industry rank for Applied Materials's Equity-to-Asset or its related term are showing as below:
XSWX:AMAT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.48 Max: 0.59
Current: 0.59
During the past 13 years, the highest Equity to Asset Ratio of Applied Materials was 0.59. The lowest was 0.38. And the median was 0.48.
XSWX:AMAT's Equity-to-Asset is ranked worse than 55.69% of 1029
companies
in the Semiconductors industry
Industry Median: 0.64
vs XSWX:AMAT: 0.59
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Applied Materials Equity-to-Asset Related Terms
Applied Materials Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Applied Materials's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:AMAT vs LRCX, KLAC, TER: Equity-to-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Applied Materials's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Applied Materials Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Applied Materials's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Applied Materials's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Applied Materials's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Applied Materials (XSWX:AMAT) has a Equity-to-Asset of 0.59 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Applied Materials and its competitors. This is 23% above median its historical median of 0.48. Over the past decade, Applied Materials' Equity-to-Asset has ranged from 0.38 to 0.59. According to the industry distribution chart, Applied Materials ranks #573 out of 1029 companies in the Semiconductors industry, placing it in the top 55.7%.
Is Applied Materials' Equity-to-Asset too high?
Applied Materials' current Equity-to-Asset of 0.59 is 23% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.59. The Semiconductors industry median Equity-to-Asset is 0.64. Applied Materials' value of 0.59 is 7.8% below this industry median. Based on the distribution chart, Applied Materials ranks #573 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Applied Materials has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Equity-to-Asset compare to LRCX and KLAC?
According to the Semiconductors industry distribution chart, Applied Materials ranks #573 out of 1029 companies for Equity-to-Asset. This places Applied Materials in the lower half of its industry. The industry median Equity-to-Asset is 0.64. Applied Materials' value of 0.59 is 7.8% below this benchmark. Historically, Applied Materials' own Equity-to-Asset has ranged from 0.38 to 0.59 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.64, Applied Materials has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.64, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Materials's current Equity-to-Asset of 0.59 is 7.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Applied Materials and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Materials's current Equity-to-Asset is 0.59, which is 23% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XSWX:AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF171.06, compared to a current price of CHF430.35 — trading 151.6% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 23% above median its 10-year median of 0.48 and 7.8% below the Semiconductors industry median of 0.64. Applied Materials' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Applied Materials (XSWX:AMAT), the current Equity-to-Asset is 0.59 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Applied Materials (XSWX:AMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued.
The current stock price of CHF430.35 is trading 151.6% above its estimated GF Value™ of CHF171.06.
GuruFocus considers Applied Materials to be Significantly Overvalued.
Key valuation signals for XSWX:AMAT:
Equity-to-Asset: 0.59 (23% above median its 10-year median of 0.48)
GF Value™: CHF171.06 vs. price of CHF430.35 (151.6% above fair value)
Industry Position: 7.8% below the Semiconductors median (#573 of 1029)
No single metric tells the full story. See the XSWX:AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
85GF Score
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