Applied Materials, Inc. AMAT

NASDAQ Global Select

SharesGrow Score

77/100

5/7 Pass

SharesGrow Intrinsic Value

Applied Materials, Inc. (AMAT) current share price is $395.64. The gold spot price is $4,808.10 per troy ounce. Using the formula: AMAT in gold = $395.64 × 31.1035 ÷ $4,808.10 = 2.5594 grams of gold per share.

Over the past 20 years, AMAT has a Real Wealth Growth Rate of +4.86% / yr. This means AMAT has outperformed gold as a store of value over this period.

SPY QQQ GOOGL MSFT AMZN NVDA

AMAT in US Dollars

Gold in US Dollars

AMAT in Gold (grams per share)

Real Wealth Growth Rate

AMAT

—

Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold

$$\text{AMAT}_{\text{gold}}(t) = \frac{P_{\text{AMAT}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$

$P_\text{AMAT}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.

Step 2 — Real Wealth Growth Rate (CAGR in gold terms)

$$\text{Real Wealth Growth Rate} = \left(\frac{\text{AMAT}_{\text{gold}}^{(T)}}{\text{AMAT}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$

$\text{AMAT}_\text{gold}^{(0)}$ = initial gold-price, $\text{AMAT}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

Applied Materials, Inc. AMAT

Real Wealth Growth Rate

Real Wealth Growth Rate Rankings — 20 Years

People Also View

Get Undervalued Stock Alerts