Why NASDAQ:AAPL qualifies as a quality stock.

In this article we will dive into APPLE INC (NASDAQ:AAPL) as a possible candidate for quality investing. Investors should always do their own research, but we noticed APPLE INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Some of the quality metrics of NASDAQ:AAPL highlighted

• APPLE INC has achieved substantial revenue growth over the past 5 years, with a 7.61% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
• With a robust ROIC excluding cash and goodwill at 63.69%, APPLE INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
• With a Debt/Free Cash Flow Ratio of 1.12, APPLE INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
• APPLE INC exhibits impressive Profit Quality (5-year) with a 109.0% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
• APPLE INC has demonstrated consistent growth in EBIT over the past 5 years, with a strong 10.02%. This signifies the company's ability to generate sustainable earnings and reflects its positive financial trajectory.
• APPLE INC has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

How does the complete fundamental picture look for NASDAQ:AAPL?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

AAPL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 33 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the health and profitability get an excellent rating, making AAPL a very profitable company, without any liquidiy or solvency issues. AAPL is quite expensive at the moment. It does show a decent growth rate.

Check the latest full fundamental report of AAPL for a complete fundamental analysis.

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.