258.21 USD
-1.75 (-0.67%)
258.29 USD
+0.08 (+0.03%)
We assign a fundamental rating of 7 out of 10 to AAPL. AAPL was compared to 35 industry peers in the Technology Hardware, Storage & Peripherals industry. AAPL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, AAPL is valued expensive at the moment. This makes AAPL very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- AAPL had positive earnings in the past year.
- AAPL had a positive operating cash flow in the past year.
- AAPL had positive earnings in each of the past 5 years.
- Each year in the past 5 years AAPL had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 31.18%, AAPL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- AAPL has a better Return On Equity (151.91%) than 100.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 55.64%, AAPL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for AAPL is significantly above the industry average of 16.06%.
- The 3 year average ROIC (51.04%) for AAPL is below the current ROIC(55.64%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.18% | ||
| ROE | 151.91% | ||
| ROIC | 55.64% |
ROA(3y)28.12%
ROA(5y)27.93%
ROE(3y)157.53%
ROE(5y)163.92%
ROIC(3y)51.04%
ROIC(5y)48.21%
1.3 Margins
- With an excellent Profit Margin value of 26.92%, AAPL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- AAPL's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 31.97%, AAPL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- AAPL's Operating Margin has improved in the last couple of years.
- AAPL has a Gross Margin of 46.91%. This is amongst the best in the industry. AAPL outperforms 82.86% of its industry peers.
- In the last couple of years the Gross Margin of AAPL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.97% | ||
| PM (TTM) | 26.92% | ||
| GM | 46.91% |
OM growth 3Y1.82%
OM growth 5Y5.77%
PM growth 3Y2.07%
PM growth 5Y5.18%
GM growth 3Y2.69%
GM growth 5Y4.17%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AAPL is creating value.
- Compared to 1 year ago, AAPL has less shares outstanding
- The number of shares outstanding for AAPL has been reduced compared to 5 years ago.
- Compared to 1 year ago, AAPL has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 10.34 indicates that AAPL is not in any danger for bankruptcy at the moment.
- AAPL's Altman-Z score of 10.34 is amongst the best of the industry. AAPL outperforms 91.43% of its industry peers.
- The Debt to FCF ratio of AAPL is 1.00, which is an excellent value as it means it would take AAPL, only 1.00 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.00, AAPL belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
- AAPL has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
- AAPL has a worse Debt to Equity ratio (1.17) than 60.00% of its industry peers.
- Although AAPL 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 | 1.17 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 10.34 |
ROIC/WACC6.42
WACC8.67%
2.3 Liquidity
- A Current Ratio of 0.89 indicates that AAPL may have some problems paying its short term obligations.
- With a Current ratio value of 0.89, AAPL is not doing good in the industry: 68.57% of the companies in the same industry are doing better.
- A Quick Ratio of 0.86 indicates that AAPL may have some problems paying its short term obligations.
- AAPL has a Quick ratio of 0.86. This is comparable to the rest of the industry: AAPL outperforms 54.29% of its industry peers.
- The current and quick ratio evaluation for AAPL 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 | 0.89 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 10.67% over the past year.
- Measured over the past years, AAPL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.04% on average per year.
- The Revenue has been growing slightly by 6.43% in the past year.
- Measured over the past years, AAPL shows a quite strong growth in Revenue. The Revenue has been growing by 8.68% on average per year.
EPS 1Y (TTM)10.67%
EPS 3Y6.93%
EPS 5Y18.04%
EPS Q2Q%12.8%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%7.94%
3.2 Future
- AAPL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.24% yearly.
- The Revenue is expected to grow by 6.85% on average over the next years.
EPS Next Y12.69%
EPS Next 2Y11.63%
EPS Next 3Y11.11%
EPS Next 5Y13.24%
Revenue Next Year8.96%
Revenue Next 2Y7.86%
Revenue Next 3Y7.38%
Revenue Next 5Y6.85%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 34.57, the valuation of AAPL can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as AAPL.
- AAPL's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.54.
- With a Price/Forward Earnings ratio of 30.67, AAPL can be considered very expensive at the moment.
- AAPL's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. AAPL is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.57 | ||
| Fwd PE | 30.67 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AAPL is valued a bit cheaper than 62.86% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, AAPL is valued a bit cheaper than 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.63 | ||
| EV/EBITDA | 26.66 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AAPL does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of AAPL may justify a higher PE ratio.
PEG (NY)2.72
PEG (5Y)1.92
EPS Next 2Y11.63%
EPS Next 3Y11.11%
5. Dividend
5.1 Amount
- AAPL has a yearly dividend return of 0.40%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.64, AAPL pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.40, AAPL pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
5.2 History
- The dividend of AAPL has a limited annual growth rate of 4.95%.
- AAPL has been paying a dividend for at least 10 years, so it has a reliable track record.
- AAPL has decreased its dividend recently.
Dividend Growth(5Y)4.95%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- AAPL pays out 13.77% of its income as dividend. This is a sustainable payout ratio.
- The dividend of AAPL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP13.77%
EPS Next 2Y11.63%
EPS Next 3Y11.11%
258.21
-1.75 (-0.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)01-29 2026-01-29/amc
Inst Owners64.27%
Inst Owner Change0.18%
Ins Owners0.06%
Ins Owner Change-0.72%
Market Cap3.82T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.74
Price Target291.19 (12.77%)
Short Float %0.84%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
Yearly Dividend1.03
Dividend Growth(5Y)4.95%
DP13.77%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.84%
Min EPS beat(2)2.35%
Max EPS beat(2)7.34%
EPS beat(4)3
Avg EPS beat(4)2.32%
Min EPS beat(4)-0.58%
Max EPS beat(4)7.34%
EPS beat(8)6
Avg EPS beat(8)1.68%
EPS beat(12)9
Avg EPS beat(12)1.57%
EPS beat(16)12
Avg EPS beat(16)2.06%
Revenue beat(2)1
Avg Revenue beat(2)0.6%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)2.97%
Revenue beat(4)1
Avg Revenue beat(4)-0.47%
Min Revenue beat(4)-1.82%
Max Revenue beat(4)2.97%
Revenue beat(8)1
Avg Revenue beat(8)-0.71%
Revenue beat(12)1
Avg Revenue beat(12)-1.2%
Revenue beat(16)3
Avg Revenue beat(16)-0.81%
PT rev (1m)1.65%
PT rev (3m)16.45%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)6.71%
EPS NY rev (1m)-0.2%
EPS NY rev (3m)3.12%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)5.66%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)3.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.57 | ||
| Fwd PE | 30.67 | ||
| P/S | 9.17 | ||
| P/FCF | 38.63 | ||
| P/OCF | 34.22 | ||
| P/B | 51.75 | ||
| P/tB | 51.75 | ||
| EV/EBITDA | 26.66 |
EPS(TTM)7.47
EY2.89%
EPS(NY)8.42
Fwd EY3.26%
FCF(TTM)6.68
FCFY2.59%
OCF(TTM)7.54
OCFY2.92%
SpS28.16
BVpS4.99
TBVpS4.99
PEG (NY)2.72
PEG (5Y)1.92
Graham Number28.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.18% | ||
| ROE | 151.91% | ||
| ROCE | 68.72% | ||
| ROIC | 55.64% | ||
| ROICexc | 76.36% | ||
| ROICexgc | 76.36% | ||
| OM | 31.97% | ||
| PM (TTM) | 26.92% | ||
| GM | 46.91% | ||
| FCFM | 23.73% |
ROA(3y)28.12%
ROA(5y)27.93%
ROE(3y)157.53%
ROE(5y)163.92%
ROIC(3y)51.04%
ROIC(5y)48.21%
ROICexc(3y)72.58%
ROICexc(5y)66.97%
ROICexgc(3y)72.58%
ROICexgc(5y)66.97%
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 Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 1 | ||
| Debt/EBITDA | 0.6 | ||
| Cap/Depr | 108.69% | ||
| Cap/Sales | 3.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.02% | ||
| Profit Quality | 88.18% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 10.34 |
F-Score8
WACC8.67%
ROIC/WACC6.42
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)10.67%
EPS 3Y6.93%
EPS 5Y18.04%
EPS Q2Q%12.8%
EPS Next Y12.69%
EPS Next 2Y11.63%
EPS Next 3Y11.11%
EPS Next 5Y13.24%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%7.94%
Revenue Next Year8.96%
Revenue Next 2Y7.86%
Revenue Next 3Y7.38%
Revenue Next 5Y6.85%
EBIT growth 1Y7.98%
EBIT growth 3Y3.66%
EBIT growth 5Y14.95%
EBIT Next Year18.92%
EBIT Next 3Y11.49%
EBIT Next 5Y10.17%
FCF growth 1Y-9.23%
FCF growth 3Y-3.95%
FCF growth 5Y6.13%
OCF growth 1Y-5.73%
OCF growth 3Y-3%
OCF growth 5Y6.68%
APPLE INC / AAPL FAQ
What is the ChartMill fundamental rating of APPLE INC (AAPL) stock?
ChartMill assigns a fundamental rating of 7 / 10 to AAPL.
Can you provide the valuation status for APPLE INC?
ChartMill assigns a valuation rating of 3 / 10 to APPLE INC (AAPL). This can be considered as Overvalued.
Can you provide the profitability details for APPLE INC?
APPLE INC (AAPL) has a profitability rating of 10 / 10.
What is the expected EPS growth for APPLE INC (AAPL) stock?
The Earnings per Share (EPS) of APPLE INC (AAPL) is expected to grow by 12.69% in the next year.
How sustainable is the dividend of APPLE INC (AAPL) stock?
The dividend rating of APPLE INC (AAPL) is 5 / 10 and the dividend payout ratio is 13.77%.