271.667 USD
-0.52 (-0.19%)
Taking everything into account, AAPL scores 7 out of 10 in our fundamental rating. AAPL was compared to 35 industry peers in the Technology Hardware, Storage & Peripherals industry. AAPL gets an excellent profitability rating and is at the same time showing great financial health properties. AAPL is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make AAPL a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
AAPL had positive earnings in the past year.
In the past year AAPL had a positive cash flow from operations.
Each year in the past 5 years AAPL has been profitable.
AAPL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AAPL has a Return On Assets of 31.18%. This is amongst the best in the industry. AAPL outperforms 97.14% of its industry peers.
AAPL has a better Return On Equity (151.91%) than 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 55.64%, AAPL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
AAPL had an Average Return On Invested Capital over the past 3 years of 51.04%. This is significantly above the industry average of 15.26%.
The last Return On Invested Capital (55.64%) for AAPL is above the 3 year average (51.04%), which is a sign of increasing profitability.
| 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
AAPL's Profit Margin of 26.92% is amongst the best of the industry. AAPL outperforms 94.29% of its industry peers.
In the last couple of years the Profit Margin of AAPL has grown nicely.
AAPL's Operating Margin of 31.97% is amongst the best of the industry. AAPL outperforms 97.14% of its industry peers.
In the last couple of years the Operating Margin of AAPL has grown nicely.
With an excellent Gross Margin value of 46.91%, AAPL belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
AAPL's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AAPL is creating value.
AAPL has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AAPL has less shares outstanding
Compared to 1 year ago, AAPL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 10.72 indicates that AAPL is not in any danger for bankruptcy at the moment.
AAPL has a Altman-Z score of 10.72. This is amongst the best in the industry. AAPL outperforms 97.14% 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.
The Debt to FCF ratio of AAPL (1.00) is better than 88.57% of its industry peers.
AAPL has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
AAPL has a Debt to Equity ratio of 1.17. This is in the lower half of the industry: AAPL underperforms 65.71% 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 | 10.72 |
ROIC/WACC6.4
WACC8.69%
2.3 Liquidity
A Current Ratio of 0.89 indicates that AAPL may have some problems paying its short term obligations.
AAPL has a worse Current ratio (0.89) than 74.29% of its industry peers.
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 51.43% 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.
AAPL shows a small growth in Revenue. In the last year, the Revenue has grown by 6.43%.
AAPL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.68% yearly.
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 13.46% yearly.
Based on estimates for the next years, AAPL will show a small growth in Revenue. The Revenue will grow by 6.81% on average per year.
EPS Next Y12.91%
EPS Next 2Y11.66%
EPS Next 3Y11.12%
EPS Next 5Y13.46%
Revenue Next Year9.07%
Revenue Next 2Y7.88%
Revenue Next 3Y7.41%
Revenue Next 5Y6.81%
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
With a Price/Earnings ratio of 36.37, AAPL can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as AAPL.
AAPL is valuated rather expensively when we compare the Price/Earnings ratio to 26.26, which is the current average of the S&P500 Index.
AAPL is valuated quite expensively with a Price/Forward Earnings ratio of 32.21.
AAPL's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.68. AAPL is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.37 | ||
| Fwd PE | 32.21 |
4.2 Price Multiples
AAPL's Enterprise Value to EBITDA is on the same level as the industry average.
AAPL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.64 | ||
| EV/EBITDA | 27.9 |
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)2.82
PEG (5Y)2.02
EPS Next 2Y11.66%
EPS Next 3Y11.12%
5. Dividend
5.1 Amount
AAPL has a yearly dividend return of 0.37%, which is pretty low.
Compared to an average industry Dividend Yield of 0.55, AAPL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, AAPL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
5.2 History
The dividend of AAPL has a limited annual growth rate of 4.95%.
AAPL has paid a dividend for at least 10 years, which is 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.
AAPL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP13.77%
EPS Next 2Y11.66%
EPS Next 3Y11.12%
NASDAQ:AAPL (12/19/2025, 9:42:10 AM)
271.667
-0.52 (-0.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners64.22%
Inst Owner Change-1.86%
Ins Owners0.06%
Ins Owner Change-0.72%
Market Cap4.01T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts78.21
Price Target286.45 (5.44%)
Short Float %0.89%
Short Ratio2.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
Yearly Dividend1.03
Dividend Growth(5Y)4.95%
DP13.77%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)9.56%
PT rev (3m)15.94%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)7.24%
EPS NY rev (1m)0.91%
EPS NY rev (3m)3.46%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)5.89%
Revenue NY rev (1m)0.96%
Revenue NY rev (3m)3.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.37 | ||
| Fwd PE | 32.21 | ||
| P/S | 9.65 | ||
| P/FCF | 40.64 | ||
| P/OCF | 36.01 | ||
| P/B | 54.44 | ||
| P/tB | 54.44 | ||
| EV/EBITDA | 27.9 |
EPS(TTM)7.47
EY2.75%
EPS(NY)8.43
Fwd EY3.1%
FCF(TTM)6.68
FCFY2.46%
OCF(TTM)7.54
OCFY2.78%
SpS28.16
BVpS4.99
TBVpS4.99
PEG (NY)2.82
PEG (5Y)2.02
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 | 10.72 |
F-Score8
WACC8.69%
ROIC/WACC6.4
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 Y12.91%
EPS Next 2Y11.66%
EPS Next 3Y11.12%
EPS Next 5Y13.46%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%7.94%
Revenue Next Year9.07%
Revenue Next 2Y7.88%
Revenue Next 3Y7.41%
Revenue Next 5Y6.81%
EBIT growth 1Y7.98%
EBIT growth 3Y3.66%
EBIT growth 5Y14.95%
EBIT Next Year19.08%
EBIT Next 3Y11.49%
EBIT Next 5Y10.58%
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.
What is the valuation status of APPLE INC (AAPL) stock?
ChartMill assigns a valuation rating of 2 / 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 valuation of APPLE INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for APPLE INC (AAPL) is 36.37 and the Price/Book (PB) ratio is 54.44.
Can you provide the financial health for AAPL stock?
The financial health rating of APPLE INC (AAPL) is 7 / 10.