WallStSmart

Lam Research Corp (LRCX)vsPalo Alto Networks Inc (PANW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Lam Research Corp generates 102% more annual revenue ($23.23B vs $11.48B). LRCX leads profitability with a 31.3% profit margin vs 2.7%. LRCX appears more attractively valued with a PEG of 1.39. LRCX earns a higher WallStSmart Score of 78/100 (B+).

LRCX

Strong Buy

78

out of 100

Grade: B+

Growth: 9.3Profit: 10.0Value: 5.3Quality: 8.5
Piotroski: 6/9Altman Z: 5.40

PANW

Buy

51

out of 100

Grade: C-

Growth: 9.3Profit: 4.5Value: 5.3Quality: 4.8
Piotroski: 1/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LRCXUndervalued (+15.2%)

Margin of Safety

+15.2%

Fair Value

$351.66

Current Price

$273.49

$78.17 discount

UndervaluedFair: $351.66Overvalued
PANWUndervalued (+34.1%)

Margin of Safety

+34.1%

Fair Value

$501.81

Current Price

$330.65

$171.16 discount

UndervaluedFair: $501.81Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LRCX6 strengths · Avg: 10.0/10
Market CapQuality
$373.17B10/10

Mega-cap, among the largest globally

Return on EquityProfitability
58.3%10/10

Every $100 of equity generates 58 in profit

Profit MarginProfitability
31.3%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
37.4%10/10

Strong operational efficiency at 37.4%

Revenue GrowthGrowth
30.0%10/10

Revenue surging 30.0% year-over-year

Altman Z-ScoreHealth
5.4010/10

Safe zone — low bankruptcy risk

PANW4 strengths · Avg: 10.0/10
Market CapQuality
$270.47B10/10

Mega-cap, among the largest globally

Revenue GrowthGrowth
34.4%10/10

Revenue surging 34.4% year-over-year

EPS GrowthGrowth
60.5%10/10

Earnings expanding 60.5% YoY

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Areas to Watch

LRCX2 concerns · Avg: 2.0/10
P/E RatioValuation
51.9x2/10

Premium valuation, high expectations priced in

Price/BookValuation
27.4x2/10

Trading at 27.4x book value

PANW4 concerns · Avg: 3.5/10
PEG RatioValuation
1.734/10

Expensive relative to growth rate

Price/BookValuation
9.8x4/10

Trading at 9.8x book value

Return on EquityProfitability
1.1%3/10

ROE of 1.1% — below average capital efficiency

Profit MarginProfitability
2.7%3/10

2.7% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : LRCX

The strongest argument for LRCX centers on Market Cap, Return on Equity, Profit Margin. Profitability is solid with margins at 31.3% and operating margin at 37.4%. Revenue growth of 30.0% demonstrates continued momentum.

Bull Case : PANW

The strongest argument for PANW centers on Market Cap, Revenue Growth, EPS Growth. Revenue growth of 34.4% demonstrates continued momentum.

Bear Case : LRCX

The primary concerns for LRCX are P/E Ratio, Price/Book. A P/E of 51.9x leaves little room for execution misses.

Bear Case : PANW

The primary concerns for PANW are PEG Ratio, Price/Book, Return on Equity. A P/E of 295.2x leaves little room for execution misses. Thin 2.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

LRCX profiles as a growth stock while PANW is a hypergrowth play — different risk/reward profiles.

LRCX carries more volatility with a beta of 1.86 — expect wider price swings.

PANW is growing revenue faster at 34.4% — sustainability is the question.

LRCX generates stronger free cash flow (822M), providing more financial flexibility.

Bottom Line

LRCX scores higher overall (78/100 vs 51/100), backed by strong 31.3% margins and 30.0% revenue growth. PANW offers better value entry with a 34.1% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Lam Research Corp

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.

Palo Alto Networks Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Palo Alto Networks, Inc. provides cybersecurity platform solutions globally. The company is headquartered in Santa Clara, California.

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