APPLE INC (1AAPL.MI) Stock Fundamental Analysis
BIT:1AAPL - Euronext Milan - US0378331005 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to 1AAPL. 1AAPL was compared to 28 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 is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make 1AAPL a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
1AAPL had positive earnings in the past year.
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
1AAPL's Return On Assets of 29.37% is amongst the best of the industry. 1AAPL outperforms 96.43% of its industry peers.
With an excellent Return On Equity value of 145.66%, 1AAPL belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
1AAPL has a Return On Invested Capital of 56.03%. This is amongst the best in the industry. 1AAPL outperforms 96.43% of its industry peers.
1AAPL had an Average Return On Invested Capital over the past 3 years of 48.83%. This is significantly above the industry average of 16.59%.
The last Return On Invested Capital (56.03%) for 1AAPL is above the 3 year average (48.83%), which is a sign of increasing profitability.
| 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
The Profit Margin of 1AAPL (24.30%) is better than 96.43% of its industry peers.
1AAPL's Profit Margin has improved in the last couple of years.
1AAPL's Operating Margin of 31.81% is amongst the best of the industry. 1AAPL outperforms 96.43% of its industry peers.
In the last couple of years the Operating Margin of 1AAPL has grown nicely.
1AAPL has a better Gross Margin (46.63%) than 78.57% of its industry peers.
1AAPL's Gross Margin has improved in the last couple of years.
| 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
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.
2.2 Solvency
1AAPL has an Altman-Z score of 9.06. This indicates that 1AAPL is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 9.06, 1AAPL belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
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.
1AAPL's Debt to FCF ratio of 1.00 is amongst the best of the industry. 1AAPL outperforms 85.71% of its industry peers.
1AAPL has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external 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 78.57% 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 | 9.06 |
ROIC/WACC6.31
WACC8.88%
2.3 Liquidity
1AAPL has a Current 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 Current ratio, with a value of 0.82, 1AAPL is doing worse than 78.57% of the companies in the same industry.
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.
1AAPL has a worse Quick ratio (0.78) than 78.57% of its industry peers.
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.
The Revenue has been growing slightly by 4.91% in the past year.
The Revenue has been growing by 8.49% on average over the past years. This is quite good.
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
Based on estimates for the next years, 1AAPL will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.04% on average per year.
Based on estimates for the next years, 1AAPL will show a small growth in Revenue. The Revenue will grow by 6.66% on average per year.
EPS Next Y8.31%
EPS Next 2Y8.52%
EPS Next 3Y8.97%
EPS Next 5Y13.04%
Revenue Next Year4.23%
Revenue Next 2Y4.98%
Revenue Next 3Y5.31%
Revenue Next 5Y6.66%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.06, which means the current valuation is very expensive for 1AAPL.
The rest of the industry has a similar Price/Earnings ratio as 1AAPL.
The average S&P500 Price/Earnings ratio is at 26.25. 1AAPL is around the same levels.
With a Price/Forward Earnings ratio of 25.02, 1AAPL can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, 1AAPL is valued a bit more expensive than 64.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, 1AAPL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.06 | ||
| Fwd PE | 25.02 |
4.2 Price Multiples
64.29% of the companies in the same industry are cheaper than 1AAPL, based on the Enterprise Value to EBITDA ratio.
1AAPL's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.16 | ||
| EV/EBITDA | 21.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of 1AAPL may justify a higher PE ratio.
PEG (NY)3.38
PEG (5Y)1.57
EPS Next 2Y8.52%
EPS Next 3Y8.97%
5. Dividend
5.1 Amount
1AAPL has a yearly dividend return of 0.52%, which is pretty low.
The stock price of 1AAPL dropped by -23.10% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.29, 1AAPL pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.52, 1AAPL pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
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
15.74% of the earnings are spent on dividend by 1AAPL. This is a low number and sustainable payout ratio.
1AAPL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP15.74%
EPS Next 2Y8.52%
EPS Next 3Y8.97%
BIT:1AAPL (5/30/2025, 7:00:00 PM)
175.38
-0.92 (-0.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners62.58%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap2619.45B
Analysts77.86
Price Target209.97 (19.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend0.88
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)0.46%
PT rev (3m)-10.72%
EPS NQ rev (1m)-3.54%
EPS NQ rev (3m)-5.92%
EPS NY rev (1m)-1.33%
EPS NY rev (3m)-2.38%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)-0.98%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.06 | ||
| Fwd PE | 25.02 | ||
| P/S | 7.42 | ||
| P/FCF | 30.16 | ||
| P/OCF | 27.11 | ||
| P/B | 44.47 | ||
| P/tB | 44.47 | ||
| EV/EBITDA | 21.56 |
EPS(TTM)6.25
EY3.56%
EPS(NY)7.01
Fwd EY4%
FCF(TTM)5.82
FCFY3.32%
OCF(TTM)6.47
OCFY3.69%
SpS23.64
BVpS3.94
TBVpS3.94
PEG (NY)3.38
PEG (5Y)1.57
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 | 9.06 |
F-Score7
WACC8.88%
ROIC/WACC6.31
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 Y8.31%
EPS Next 2Y8.52%
EPS Next 3Y8.97%
EPS Next 5Y13.04%
Revenue 1Y (TTM)4.91%
Revenue growth 3Y2.25%
Revenue growth 5Y8.49%
Sales Q2Q%5.08%
Revenue Next Year4.23%
Revenue Next 2Y4.98%
Revenue Next 3Y5.31%
Revenue Next 5Y6.66%
EBIT growth 1Y7.72%
EBIT growth 3Y4.19%
EBIT growth 5Y14.02%
EBIT Next Year13.64%
EBIT Next 3Y8.92%
EBIT Next 5Y10.33%
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%