APPLE INC (1AAPL.MI) Stock Fundamental Analysis
BIT:1AAPL - Euronext Milan - US0378331005 - Common Stock - Currency: EUR
Taking everything into account, 1AAPL scores 7 out of 10 in our fundamental rating. 1AAPL was compared to 27 industry peers in the Technology Hardware, Storage & Peripherals industry. 1AAPL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 1AAPL has a correct valuation and a medium growth rate. These ratings could make 1AAPL a good candidate for quality investing.
1. Profitability
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.
Each year in the past 5 years 1AAPL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1AAPL (29.37%) is better than 100.00% of its industry peers.
1AAPL has a better Return On Equity (145.66%) than 100.00% of its industry peers.
1AAPL has a better Return On Invested Capital (56.03%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1AAPL is significantly above the industry average of 17.22%.
The 3 year average ROIC (48.83%) for 1AAPL is below the current ROIC(56.03%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.37% | ||
| ROE | 145.66% | ||
| ROIC | 56.03% |
ROA(3y)27.16%
ROA(5y)25.24%
ROE(3y)172.54%
ROE(5y)151.11%
ROIC(3y)48.83%
ROIC(5y)42.3%
1.3 Margins
1AAPL has a Profit Margin of 24.30%. This is amongst the best in the industry. 1AAPL outperforms 100.00% of its industry peers.
1AAPL's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 31.81%, 1AAPL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of 1AAPL has grown nicely.
The Gross Margin of 1AAPL (46.63%) is better than 85.19% of its industry peers.
In the last couple of years the Gross Margin of 1AAPL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.81% | ||
| PM (TTM) | 24.3% | ||
| GM | 46.63% |
OM growth 3Y1.9%
OM growth 5Y5.1%
PM growth 3Y-2.52%
PM growth 5Y2.45%
GM growth 3Y3.41%
GM growth 5Y4.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1AAPL is creating value.
1AAPL has less shares outstanding than it did 1 year ago.
1AAPL has less shares outstanding than it did 5 years ago.
1AAPL has a better debt/assets ratio than last year.
2.2 Solvency
1AAPL has an Altman-Z score of 9.39. This indicates that 1AAPL is financially healthy and has little risk of bankruptcy at the moment.
1AAPL has a better Altman-Z score (9.39) than 92.59% of its industry peers.
1AAPL has a debt to FCF ratio of 1.00. This is a very positive value and a sign of high solvency as it would only need 1.00 years to pay back of all of its debts.
The Debt to FCF ratio of 1AAPL (1.00) is better than 88.89% of its industry peers.
A Debt/Equity ratio of 1.27 is on the high side and indicates that 1AAPL has dependencies on debt financing.
1AAPL's Debt to Equity ratio of 1.27 is on the low side compared to the rest of the industry. 1AAPL is outperformed by 74.07% of its industry peers.
Although 1AAPL does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 9.39 |
ROIC/WACC6.35
WACC8.83%
2.3 Liquidity
A Current Ratio of 0.82 indicates that 1AAPL may have some problems paying its short term obligations.
1AAPL has a worse Current ratio (0.82) than 77.78% of its industry peers.
1AAPL has a Quick Ratio of 0.82. This is a bad value and indicates that 1AAPL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.78, 1AAPL is doing worse than 74.07% of the companies in the same industry.
The current and quick ratio evaluation for 1AAPL is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.26% over the past year.
Measured over the past years, 1AAPL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.90% on average per year.
Looking at the last year, 1AAPL shows a small growth in Revenue. The Revenue has grown by 4.91% in the last year.
Measured over the past years, 1AAPL shows a quite strong growth in Revenue. The Revenue has been growing by 8.49% on average per year.
EPS 1Y (TTM)10.26%
EPS 3Y6.3%
EPS 5Y17.9%
EPS Q2Q%7.84%
Revenue 1Y (TTM)4.91%
Revenue growth 3Y2.25%
Revenue growth 5Y8.49%
Sales Q2Q%5.08%
3.2 Future
1AAPL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.49% yearly.
Based on estimates for the next years, 1AAPL will show a small growth in Revenue. The Revenue will grow by 6.22% on average per year.
EPS Next Y8.34%
EPS Next 2Y8.4%
EPS Next 3Y8.73%
EPS Next 5Y12.49%
Revenue Next Year4.28%
Revenue Next 2Y4.99%
Revenue Next 3Y5.22%
Revenue Next 5Y6.22%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.45, the valuation of 1AAPL can be described as expensive.
Based on the Price/Earnings ratio, 1AAPL is valued a bit cheaper than 62.96% of the companies in the same industry.
1AAPL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.82.
A Price/Forward Earnings ratio of 25.41 indicates a quite expensive valuation of 1AAPL.
The rest of the industry has a similar Price/Forward Earnings ratio as 1AAPL.
1AAPL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.45 | ||
| Fwd PE | 25.41 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1AAPL is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, 1AAPL is valued a bit cheaper than the industry average as 62.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.57 | ||
| EV/EBITDA | 22.63 |
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.
PEG (NY)3.41
PEG (5Y)1.59
EPS Next 2Y8.4%
EPS Next 3Y8.73%
5. Dividend
5.1 Amount
With a yearly dividend of 0.49%, 1AAPL is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.23, 1AAPL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, 1AAPL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.49% |
5.2 History
The dividend of 1AAPL has a limited annual growth rate of 5.30%.
Dividend Growth(5Y)5.3%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1AAPL pays out 15.74% of its income as dividend. This is a sustainable payout ratio.
The dividend of 1AAPL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP15.74%
EPS Next 2Y8.4%
EPS Next 3Y8.73%
BIT:1AAPL (8/1/2025, 7:00:00 PM)
176.1
-6.32 (-3.46%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners62.72%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap2630.20B
Analysts76.79
Price Target201.48 (14.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.49% |
Yearly Dividend0.85
Dividend Growth(5Y)5.3%
DP15.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.21%
Min EPS beat(2)-0.58%
Max EPS beat(2)0.15%
EPS beat(4)3
Avg EPS beat(4)0.47%
Min EPS beat(4)-0.58%
Max EPS beat(4)1.95%
EPS beat(8)6
Avg EPS beat(8)1.25%
EPS beat(12)8
Avg EPS beat(12)0.83%
EPS beat(16)11
Avg EPS beat(16)3.01%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-1.82%
Max Revenue beat(2)-1.26%
Revenue beat(4)0
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-1.82%
Max Revenue beat(4)-0.52%
Revenue beat(8)0
Avg Revenue beat(8)-1.31%
Revenue beat(12)0
Avg Revenue beat(12)-1.5%
Revenue beat(16)3
Avg Revenue beat(16)-0.56%
PT rev (1m)-1.67%
PT rev (3m)-3.6%
EPS NQ rev (1m)0.72%
EPS NQ rev (3m)-2.92%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-1.31%
Revenue NQ rev (1m)0.5%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.45 | ||
| Fwd PE | 25.41 | ||
| P/S | 7.52 | ||
| P/FCF | 30.57 | ||
| P/OCF | 27.48 | ||
| P/B | 45.07 | ||
| P/tB | 45.07 | ||
| EV/EBITDA | 22.63 |
EPS(TTM)6.19
EY3.52%
EPS(NY)6.93
Fwd EY3.94%
FCF(TTM)5.76
FCFY3.27%
OCF(TTM)6.41
OCFY3.64%
SpS23.42
BVpS3.91
TBVpS3.91
PEG (NY)3.41
PEG (5Y)1.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.37% | ||
| ROE | 145.66% | ||
| ROCE | 68.23% | ||
| ROIC | 56.03% | ||
| ROICexc | 74.88% | ||
| ROICexgc | 74.88% | ||
| OM | 31.81% | ||
| PM (TTM) | 24.3% | ||
| GM | 46.63% | ||
| FCFM | 24.6% |
ROA(3y)27.16%
ROA(5y)25.24%
ROE(3y)172.54%
ROE(5y)151.11%
ROIC(3y)48.83%
ROIC(5y)42.3%
ROICexc(3y)68.4%
ROICexc(5y)60.45%
ROICexgc(3y)68.4%
ROICexgc(5y)60.45%
ROCE(3y)60.19%
ROCE(5y)51.84%
ROICexcg growth 3Y12.71%
ROICexcg growth 5Y14.84%
ROICexc growth 3Y12.71%
ROICexc growth 5Y14.84%
OM growth 3Y1.9%
OM growth 5Y5.1%
PM growth 3Y-2.52%
PM growth 5Y2.45%
GM growth 3Y3.41%
GM growth 5Y4.09%
F-Score7
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 1 | ||
| Debt/EBITDA | 0.61 | ||
| Cap/Depr | 96.24% | ||
| Cap/Sales | 2.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.89% | ||
| Profit Quality | 101.23% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 9.39 |
F-Score7
WACC8.83%
ROIC/WACC6.35
Cap/Depr(3y)91.37%
Cap/Depr(5y)87.69%
Cap/Sales(3y)2.66%
Cap/Sales(5y)2.74%
Profit Quality(3y)110.14%
Profit Quality(5y)111.28%
High Growth Momentum
Growth
EPS 1Y (TTM)10.26%
EPS 3Y6.3%
EPS 5Y17.9%
EPS Q2Q%7.84%
EPS Next Y8.34%
EPS Next 2Y8.4%
EPS Next 3Y8.73%
EPS Next 5Y12.49%
Revenue 1Y (TTM)4.91%
Revenue growth 3Y2.25%
Revenue growth 5Y8.49%
Sales Q2Q%5.08%
Revenue Next Year4.28%
Revenue Next 2Y4.99%
Revenue Next 3Y5.22%
Revenue Next 5Y6.22%
EBIT growth 1Y7.72%
EBIT growth 3Y4.19%
EBIT growth 5Y14.02%
EBIT Next Year13.64%
EBIT Next 3Y8.92%
EBIT Next 5Y9.21%
FCF growth 1Y1.02%
FCF growth 3Y5.39%
FCF growth 5Y13.06%
OCF growth 1Y-0.03%
OCF growth 3Y4.36%
OCF growth 5Y11.25%