Which is better, AMAT or KLAC?

On the Buffett-Fit framework, KLA Corporation (KLAC) currently grades higher than AMAT — 80/100 (A grade) vs 76/100 (B). That said, "better" depends on which framework you trust — AMAT wins on none; KLAC wins on Warren Buffett, Benjamin Graham, Philip Fisher, Peter Lynch, Joel Greenblatt, Charlie Munger, and Terry Smith. The full pillar breakdown is on this page.

Should I buy AMAT or KLAC?

This page is an educational comparison, not investment advice. Both AMAT and KLAC are graded against the same Buffett 5-pillar framework (moat, earnings durability, management quality, financial health, valuation) plus six other documented investor frameworks. Read the side-by-side breakdown to see which one matches the criteria you care about most — and always do your own research before making any investment decision.

Is AMAT better than KLAC for value investing?

The two are close on the headline Buffett-Fit score (76/100 vs 80/100), so "better for value investing" depends on which pillar you weight most. The five Buffett pillars + six other frameworks are broken down side-by-side on this page so you can pick the one that fits your style.

What's the difference between AMAT and KLAC on Warren Buffett's framework?

Both stocks are evaluated on the same five pillars: economic moat (durable competitive advantage), earnings durability (consistent profitability), management quality (capital allocation), financial health (conservative balance sheet), and valuation (margin of safety). AMAT currently scores 76/100 (B grade); KLAC scores 80/100 (A grade). The "Where each wins" section on this page breaks down which pillar each stock dominates.

Which has the stronger moat, AMAT or KLAC?

Moat strength is one of the five pillars in the Buffett-Fit score on this page. AMAT and KLAC are each scored on ROIC sustainability, gross-margin durability, and qualitative signals like brand strength, switching costs, network effects, and regulatory barriers. The pillar breakdown on this page shows the moat sub-score side-by-side so you can see which one has the more durable competitive advantage.

Which is more undervalued, AMAT or KLAC?

Valuation is one of the five Buffett-Fit pillars on this page. Both stocks are scored on owner-earnings yield, price-to-intrinsic-value vs the underlying compounding rate, and the margin of safety relative to a conservative DCF. The valuation sub-score in the table below tells you which one currently trades at a more attractive price relative to its underlying business quality.

Are AMAT and KLAC both Technology stocks?

Yes — both Applied Materials, Inc. (AMAT) and KLA Corporation (KLAC) operate in the Technology sector. That makes this a direct sector-peer comparison, which is the apples-to-apples way to use the Buffett-Fit framework: the score weighs each stock against its sector's specific quality and valuation benchmarks (sector-relative bonus), so the cross-stock comparison isn't distorted by inter-sector base-rate differences.

Is this AMAT vs KLAC comparison investment advice?

No. This page is an educational pattern-match against documented public frameworks (Buffett, Graham, Fisher, Lynch, Greenblatt, Munger, Smith), not personalised investment advice. The scores reflect how closely each stock matches each framework's documented criteria — they are not buy/hold/sell recommendations. Always do your own research and consult a licensed financial adviser for personalised advice.

Stock comparison

Applied Materials

AMAT$339.16BTechnology Market cap, Sector

KLA

KLAC$240.64BTechnology Market cap, Sector

Overall winner

KLA

AMAT 07 KLAC

Wins on the combined sum of fit scores across all four strategies. Per-strategy breakdown below.

Scored across Buffett, Graham, Lynch and Greenblatt - plus a side-by-side metric table covering valuation, quality, growth and balance sheet.

Fit scores by strategy

AMAT0wins

7winsKLAC

Warren Buffett

76B

B80

Benjamin Graham

87A

A94

Philip Fisher

65C

A90

Peter Lynch

65C

B78

Joel Greenblatt

66C

B78

Charlie Munger

75B

A93

Terry Smith

71B

A94

Side-by-side metrics

Metric	AMAT	KLAC
Market cap	Winner: $339.16B	$240.64B
P/E (TTM)	Winner: 40.0x	51.8x
EV/EBIT	Winner: 41.0x	46.9x
ROIC (TTM)	21.6%	36.29% Winner
Gross margin	48.96%	61.75% Winner
Net margin	29.31%	35.66% Winner
Revenue CAGR 5y	5.31%	15.13% Winner
EPS CAGR 5y	7.72%	22.65% Winner
Debt / Equity	Winner: 0.3x	1.1x
Dividend yield	Winner: 0.45%	0.43%

Where each one wins

The metrics with the biggest gap between the two - sorted so the most decisive edges read first.

AMAT leads on

Debt / Equity0.3xvs 1.1x+74%
Market cap$339.16Bvs $240.64B+29%
P/E (TTM)40.0xvs 51.8x+23%
EV/EBIT41.0xvs 46.9x+12%

KLAC leads on

EPS CAGR 5y22.65%vs 7.72%+66%
Revenue CAGR 5y15.13%vs 5.31%+65%
ROIC (TTM)36.29%vs 21.6%+40%
Gross margin61.75%vs 48.96%+21%

More like AMAT

AMAT vs FICO AMAT vs CAMS.BO AMAT vs FTNT AMAT vs 4071.T

More like KLAC

KLAC vs FICO KLAC vs CAMS.BO KLAC vs FTNT KLAC vs 4071.T

Read the full Buffett-Brain analysis for AMAT Read the full Buffett-Brain analysis for KLAC

Related on invest-like

Strongest Moat Highest ROIC Warren Buffett strategy Economic Moat

Key terms in this analysis

ROIC Free Cash Flow (FCF)Economic Moat P/E Ratio Margin of Safety Quality Score

Educational tool. Fit scores are deterministic projections from public financials onto each investor's published criteria - not personal recommendations or advice.