AMAT vs Q

Applied Materials and Qnity Electronics, both Technology

Applied Materials is the larger company at $490B against $35B. On trailing earnings AMAT is the cheaper of the two at a P/E of 40.8 against 44.2, a gap that is only a bargain if the two are growing at similar rates.

Applied Materials and Qnity Electronicscompared on valuation, return and Ryufin’s Smart Score
Figure	AMAT	Q
Last close	$473	$123
Market cap	$490B	$35B
Trailing P/Elower is cheaper for the same earnings, not automatically better	40.8	44.2
Dividend yield	0.4%	0.1%
1-year return	+195%	n/a
5-year return	+257%	n/a
Ryufin Smart Scoresector-relative, 1–10	5/10	n/a

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Applied Materials

Revenue of $9.1B in Q3 2026, net income $2.5B. Its largest reported line is China, 30% of the disclosed total.

AMAT overview revenue and segments valuation

Qnity Electronics

Revenue of $1.4B in Q2 2026, net income $136M. Its largest reported line is Asia Pacific, 42% of the disclosed total.

Q overview revenue and segments valuation

Open these two in the interactive comparison to add more names, change the period or see the correlation.