APPLE INC (1AAPL.MI) Fundamental Analysis & Valuation

BIT:1AAPL • US0378331005

Current stock price

230 EUR
-0.8 (-0.35%)
Last:

This 1AAPL.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

10

1. 1AAPL.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1AAPL was profitable.
  • 1AAPL had a positive operating cash flow in the past year.
  • Each year in the past 5 years 1AAPL has been profitable.
  • In the past 5 years 1AAPL always reported a positive cash flow from operatings.
1AAPL.MI Yearly Net Income VS EBIT VS OCF VS FCF1AAPL.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 31.05%, 1AAPL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • 1AAPL's Return On Equity of 133.55% is amongst the best of the industry. 1AAPL outperforms 96.97% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 54.20%, 1AAPL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • 1AAPL had an Average Return On Invested Capital over the past 3 years of 50.93%. This is significantly above the industry average of 17.47%.
  • The 3 year average ROIC (50.93%) for 1AAPL is below the current ROIC(54.20%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 31.05%
ROE 133.55%
ROIC 54.2%
ROA(3y)28.12%
ROA(5y)27.93%
ROE(3y)157.53%
ROE(5y)163.92%
ROIC(3y)50.93%
ROIC(5y)48.1%
1AAPL.MI Yearly ROA, ROE, ROIC1AAPL.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50 100 150

1.3 Margins

  • With an excellent Profit Margin value of 27.04%, 1AAPL belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
  • 1AAPL's Profit Margin has improved in the last couple of years.
  • The Operating Margin of 1AAPL (32.38%) is better than 100.00% of its industry peers.
  • In the last couple of years the Operating Margin of 1AAPL has grown nicely.
  • 1AAPL has a Gross Margin of 47.33%. This is amongst the best in the industry. 1AAPL outperforms 81.82% of its industry peers.
  • 1AAPL's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 32.38%
PM (TTM) 27.04%
GM 47.33%
OM growth 3Y1.82%
OM growth 5Y5.77%
PM growth 3Y2.07%
PM growth 5Y5.18%
GM growth 3Y2.69%
GM growth 5Y4.17%
1AAPL.MI Yearly Profit, Operating, Gross Margins1AAPL.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

8

2. 1AAPL.MI Health Analysis

2.1 Basic Checks

  • 1AAPL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • 1AAPL has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, 1AAPL has less shares outstanding
  • 1AAPL has a better debt/assets ratio than last year.
1AAPL.MI Yearly Shares Outstanding1AAPL.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B
1AAPL.MI Yearly Total Debt VS Total Assets1AAPL.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100B 200B 300B

2.2 Solvency

  • 1AAPL has an Altman-Z score of 10.50. This indicates that 1AAPL is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 10.50, 1AAPL belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
  • 1AAPL has a debt to FCF ratio of 0.73. This is a very positive value and a sign of high solvency as it would only need 0.73 years to pay back of all of its debts.
  • 1AAPL has a better Debt to FCF ratio (0.73) than 96.97% of its industry peers.
  • A Debt/Equity ratio of 0.89 indicates that 1AAPL is somewhat dependend on debt financing.
  • 1AAPL has a worse Debt to Equity ratio (0.89) than 66.67% of its industry peers.
  • Although 1AAPL's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 0.73
Altman-Z 10.5
ROIC/WACC6.08
WACC8.92%
1AAPL.MI Yearly LT Debt VS Equity VS FCF1AAPL.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.3 Liquidity

  • 1AAPL has a Current Ratio of 0.97. This is a bad value and indicates that 1AAPL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.97, 1AAPL is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
  • 1AAPL has a Quick Ratio of 0.97. This is a bad value and indicates that 1AAPL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • 1AAPL has a Quick ratio (0.94) which is in line with its industry peers.
  • 1AAPL does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 0.97
Quick Ratio 0.94
1AAPL.MI Yearly Current Assets VS Current Liabilites1AAPL.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

6

3. 1AAPL.MI Growth Analysis

3.1 Past

  • 1AAPL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.49%, which is quite good.
  • Measured over the past years, 1AAPL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.04% on average per year.
  • The Revenue has grown by 10.07% in the past year. This is quite good.
  • Measured over the past years, 1AAPL shows a quite strong growth in Revenue. The Revenue has been growing by 8.68% on average per year.
EPS 1Y (TTM)13.49%
EPS 3Y6.93%
EPS 5Y18.04%
EPS Q2Q%18.33%
Revenue 1Y (TTM)10.07%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%15.65%

3.2 Future

  • Based on estimates for the next years, 1AAPL will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.96% on average per year.
  • Based on estimates for the next years, 1AAPL will show a quite strong growth in Revenue. The Revenue will grow by 8.64% on average per year.
EPS Next Y16.22%
EPS Next 2Y13.03%
EPS Next 3Y12.05%
EPS Next 5Y13.96%
Revenue Next Year12.22%
Revenue Next 2Y9.58%
Revenue Next 3Y8.46%
Revenue Next 5Y8.64%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
1AAPL.MI Yearly Revenue VS Estimates1AAPL.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200B 400B 600B
1AAPL.MI Yearly EPS VS Estimates1AAPL.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 5 10 15

4

4. 1AAPL.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • 1AAPL is valuated quite expensively with a Price/Earnings ratio of 34.02.
  • 1AAPL's Price/Earnings ratio is a bit cheaper when compared to the industry. 1AAPL is cheaper than 63.64% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.54. 1AAPL is valued slightly more expensive when compared to this.
  • A Price/Forward Earnings ratio of 28.21 indicates a quite expensive valuation of 1AAPL.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of 1AAPL is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 21.68. 1AAPL is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 34.02
Fwd PE 28.21
1AAPL.MI Price Earnings VS Forward Price Earnings1AAPL.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1AAPL is valued a bit cheaper than the industry average as 60.61% of the companies are valued more expensively.
  • 1AAPL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 1AAPL is cheaper than 72.73% of the companies in the same industry.
Industry RankSector Rank
P/FCF 32.05
EV/EBITDA 25.85
1AAPL.MI Per share data1AAPL.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • 1AAPL has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as 1AAPL's earnings are expected to grow with 12.05% in the coming years.
PEG (NY)2.1
PEG (5Y)1.89
EPS Next 2Y13.03%
EPS Next 3Y12.05%

4

5. 1AAPL.MI Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.38%, 1AAPL is not a good candidate for dividend investing.
  • 1AAPL's Dividend Yield is a higher than the industry average which is at 1.04.
  • With a Dividend Yield of 0.38, 1AAPL pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.38%

5.2 History

  • The dividend of 1AAPL has a limited annual growth rate of 4.95%.
Dividend Growth(5Y)4.95%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 13.15% of the earnings are spent on dividend by 1AAPL. This is a low number and sustainable payout ratio.
  • The dividend of 1AAPL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP13.15%
EPS Next 2Y13.03%
EPS Next 3Y12.05%
1AAPL.MI Yearly Income VS Free CF VS Dividend1AAPL.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B
1AAPL.MI Dividend Payout.1AAPL.MI Dividend Payout, showing the Payout Ratio.1AAPL.MI Dividend Payout.PayoutRetained Earnings

1AAPL.MI Fundamentals: All Metrics, Ratios and Statistics

APPLE INC

BIT:1AAPL (4/29/2026, 7:00:00 PM)

230

-0.8 (-0.35%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Industry Strength62.73
Industry Growth76.4
Earnings (Last)01-29
Earnings (Next)04-30
Inst Owners65.11%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.38T
Revenue(TTM)435.62B
Net Income(TTM)117.78B
Analysts78.15
Price Target252.81 (9.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.38%
Yearly Dividend0.88
Dividend Growth(5Y)4.95%
DP13.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.27%
Min EPS beat(2)2.35%
Max EPS beat(2)4.19%
EPS beat(4)3
Avg EPS beat(4)3.33%
Min EPS beat(4)-0.58%
Max EPS beat(4)7.34%
EPS beat(8)6
Avg EPS beat(8)1.97%
EPS beat(12)10
Avg EPS beat(12)2.32%
EPS beat(16)12
Avg EPS beat(16)1.76%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)1.77%
Revenue beat(4)2
Avg Revenue beat(4)0.43%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)2.97%
Revenue beat(8)2
Avg Revenue beat(8)-0.42%
Revenue beat(12)2
Avg Revenue beat(12)-0.62%
Revenue beat(16)3
Avg Revenue beat(16)-0.85%
PT rev (1m)0.68%
PT rev (3m)1.37%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)5.58%
EPS NY rev (1m)0.01%
EPS NY rev (3m)3.09%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)4.33%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)2.9%
Valuation
Industry RankSector Rank
PE 34.02
Fwd PE 28.21
P/S 9.07
P/FCF 32.05
P/OCF 29.18
P/B 44.82
P/tB 44.82
EV/EBITDA 25.85
EPS(TTM)6.76
EY2.94%
EPS(NY)8.15
Fwd EY3.54%
FCF(TTM)7.18
FCFY3.12%
OCF(TTM)7.88
OCFY3.43%
SpS25.35
BVpS5.13
TBVpS5.13
PEG (NY)2.1
PEG (5Y)1.89
Graham Number27.9377 (-87.85%)
Profitability
Industry RankSector Rank
ROA 31.05%
ROE 133.55%
ROCE 65.03%
ROIC 54.2%
ROICexc 78.06%
ROICexgc 78.06%
OM 32.38%
PM (TTM) 27.04%
GM 47.33%
FCFM 28.31%
ROA(3y)28.12%
ROA(5y)27.93%
ROE(3y)157.53%
ROE(5y)163.92%
ROIC(3y)50.93%
ROIC(5y)48.1%
ROICexc(3y)72.42%
ROICexc(5y)66.83%
ROICexgc(3y)72.42%
ROICexgc(5y)66.83%
ROCE(3y)63.07%
ROCE(5y)59.52%
ROICexgc growth 3Y6.76%
ROICexgc growth 5Y12.61%
ROICexc growth 3Y6.76%
ROICexc growth 5Y12.61%
OM growth 3Y1.82%
OM growth 5Y5.77%
PM growth 3Y2.07%
PM growth 5Y5.18%
GM growth 3Y2.69%
GM growth 5Y4.17%
F-Score8
Asset Turnover1.15
Health
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 0.73
Debt/EBITDA 0.51
Cap/Depr 102.67%
Cap/Sales 2.79%
Interest Coverage 250
Cash Conversion 88.6%
Profit Quality 104.71%
Current Ratio 0.97
Quick Ratio 0.94
Altman-Z 10.5
F-Score8
WACC8.92%
ROIC/WACC6.08
Cap/Depr(3y)95.46%
Cap/Depr(5y)96.21%
Cap/Sales(3y)2.78%
Cap/Sales(5y)2.82%
Profit Quality(3y)102.31%
Profit Quality(5y)103.35%
High Growth Momentum
Growth
EPS 1Y (TTM)13.49%
EPS 3Y6.93%
EPS 5Y18.04%
EPS Q2Q%18.33%
EPS Next Y16.22%
EPS Next 2Y13.03%
EPS Next 3Y12.05%
EPS Next 5Y13.96%
Revenue 1Y (TTM)10.07%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%15.65%
Revenue Next Year12.22%
Revenue Next 2Y9.58%
Revenue Next 3Y8.46%
Revenue Next 5Y8.64%
EBIT growth 1Y12.25%
EBIT growth 3Y3.66%
EBIT growth 5Y14.95%
EBIT Next Year22.98%
EBIT Next 3Y12.31%
EBIT Next 5Y11.25%
FCF growth 1Y15.4%
FCF growth 3Y-3.95%
FCF growth 5Y6.13%
OCF growth 1Y16.35%
OCF growth 3Y-3%
OCF growth 5Y6.68%

APPLE INC / 1AAPL.MI Fundamental Analysis FAQ

What is the fundamental rating for 1AAPL stock?

ChartMill assigns a fundamental rating of 7 / 10 to 1AAPL.MI.


Can you provide the valuation status for APPLE INC?

ChartMill assigns a valuation rating of 3 / 10 to APPLE INC (1AAPL.MI). This can be considered as Overvalued.


How profitable is APPLE INC (1AAPL.MI) stock?

APPLE INC (1AAPL.MI) has a profitability rating of 9 / 10.


What is the valuation of APPLE INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for APPLE INC (1AAPL.MI) is 34.02 and the Price/Book (PB) ratio is 44.82.


Is the dividend of APPLE INC sustainable?

The dividend rating of APPLE INC (1AAPL.MI) is 4 / 10 and the dividend payout ratio is 13.15%.