APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - FRA:APC - US0378331005 - Common Stock
236.5 EUR
+1.65 (+0.7%)
APC gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 27 industry peers in the Technology Hardware, Storage & Peripherals industry. APC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. APC is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make APC suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year APC was profitable.
In the past year APC had a positive cash flow from operations.
APC had positive earnings in each of the past 5 years.
Each year in the past 5 years APC had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 29.95%, APC belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
Looking at the Return On Equity, with a value of 150.81%, APC belongs to the top of the industry, outperforming 96.30% of the companies in the same industry.
APC's Return On Invested Capital of 55.09% is amongst the best of the industry. APC outperforms 96.30% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APC is significantly above the industry average of 17.34%.
The 3 year average ROIC (48.83%) for APC is below the current ROIC(55.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.95% | ||
| ROE | 150.81% | ||
| ROIC | 55.09% |
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 APC (24.30%) is better than 96.30% of its industry peers.
APC's Profit Margin has improved in the last couple of years.
The Operating Margin of APC (31.87%) is better than 96.30% of its industry peers.
APC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 46.68%, APC belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
In the last couple of years the Gross Margin of APC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.87% | ||
| PM (TTM) | 24.3% | ||
| GM | 46.68% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APC is creating value.
The number of shares outstanding for APC has been reduced compared to 1 year ago.
APC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, APC has an improved debt to assets ratio.
2.2 Solvency
APC has an Altman-Z score of 11.48. This indicates that APC is financially healthy and has little risk of bankruptcy at the moment.
APC has a Altman-Z score of 11.48. This is amongst the best in the industry. APC outperforms 92.59% of its industry peers.
The Debt to FCF ratio of APC is 1.06, which is an excellent value as it means it would take APC, only 1.06 years of fcf income to pay off all of its debts.
APC's Debt to FCF ratio of 1.06 is amongst the best of the industry. APC outperforms 81.48% of its industry peers.
APC has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of APC (1.40) is worse than 77.78% of its industry peers.
Although APC 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 | 1.4 | ||
| Debt/FCF | 1.06 | ||
| Altman-Z | 11.48 |
ROIC/WACC6.42
WACC8.58%
2.3 Liquidity
APC has a Current Ratio of 0.87. This is a bad value and indicates that APC is not financially healthy enough and could expect problems in meeting its short term obligations.
APC has a Current ratio of 0.87. This is in the lower half of the industry: APC underperforms 77.78% of its industry peers.
A Quick Ratio of 0.83 indicates that APC may have some problems paying its short term obligations.
APC has a Quick ratio of 0.83. This is in the lower half of the industry: APC underperforms 70.37% of its industry peers.
APC 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.50% over the past year.
APC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.90% yearly.
Looking at the last year, APC shows a small growth in Revenue. The Revenue has grown by 5.97% in the last year.
APC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.49% yearly.
EPS 1Y (TTM)10.5%
EPS 3Y6.3%
EPS 5Y17.9%
EPS Q2Q%12.14%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y2.25%
Revenue growth 5Y8.49%
Sales Q2Q%9.63%
3.2 Future
APC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.53% yearly.
Based on estimates for the next years, APC will show a small growth in Revenue. The Revenue will grow by 6.05% on average per year.
EPS Next Y11.37%
EPS Next 2Y9.99%
EPS Next 3Y10.1%
EPS Next 5Y10.53%
Revenue Next Year6.16%
Revenue Next 2Y6.05%
Revenue Next 3Y6.14%
Revenue Next 5Y6.05%
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.
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 37.60, which means the current valuation is very expensive for APC.
Compared to the rest of the industry, the Price/Earnings ratio of APC is on the same level as its industry peers.
APC's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.19.
The Price/Forward Earnings ratio is 33.45, which means the current valuation is very expensive for APC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of APC indicates a slightly more expensive valuation: APC is more expensive than 62.96% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.50, APC is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.6 | ||
| Fwd PE | 33.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APC is on the same level as its industry peers.
APC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.15 | ||
| EV/EBITDA | 28.53 |
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 APC may justify a higher PE ratio.
PEG (NY)3.31
PEG (5Y)2.1
EPS Next 2Y9.99%
EPS Next 3Y10.1%
5. Dividend
5.1 Amount
With a yearly dividend of 0.33%, APC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.15, APC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.33, APC pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
5.2 History
The dividend of APC has a limited annual growth rate of 5.30%.
Dividend Growth(5Y)5.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
APC pays out 15.47% of its income as dividend. This is a sustainable payout ratio.
APC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP15.47%
EPS Next 2Y9.99%
EPS Next 3Y10.1%
FRA:APC (10/31/2025, 5:27:55 PM)
236.5
+1.65 (+0.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners63.51%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3509.75B
Revenue(TTM)408.63B
Net Income(TTM)99.28B
Analysts77.86
Price Target213.92 (-9.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
Yearly Dividend0.86
Dividend Growth(5Y)5.3%
DP15.47%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.38%
Min EPS beat(2)-0.58%
Max EPS beat(2)7.34%
EPS beat(4)3
Avg EPS beat(4)1.81%
Min EPS beat(4)-0.58%
Max EPS beat(4)7.34%
EPS beat(8)6
Avg EPS beat(8)1.74%
EPS beat(12)8
Avg EPS beat(12)1.34%
EPS beat(16)11
Avg EPS beat(16)1.81%
Revenue beat(2)1
Avg Revenue beat(2)0.85%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)2.97%
Revenue beat(4)1
Avg Revenue beat(4)-0.43%
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)-1.1%
Revenue beat(16)3
Avg Revenue beat(16)-0.93%
PT rev (1m)-0.24%
PT rev (3m)4.1%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)5.96%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)2.8%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)3.93%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.6 | ||
| Fwd PE | 33.45 | ||
| P/S | 9.92 | ||
| P/FCF | 42.15 | ||
| P/OCF | 37.34 | ||
| P/B | 61.58 | ||
| P/tB | 61.58 | ||
| EV/EBITDA | 28.53 |
EPS(TTM)6.29
EY2.66%
EPS(NY)7.07
Fwd EY2.99%
FCF(TTM)5.61
FCFY2.37%
OCF(TTM)6.33
OCFY2.68%
SpS23.84
BVpS3.84
TBVpS3.84
PEG (NY)3.31
PEG (5Y)2.1
Graham Number23.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.95% | ||
| ROE | 150.81% | ||
| ROCE | 68.4% | ||
| ROIC | 55.09% | ||
| ROICexc | 76.14% | ||
| ROICexgc | 76.14% | ||
| OM | 31.87% | ||
| PM (TTM) | 24.3% | ||
| GM | 46.68% | ||
| FCFM | 23.54% |
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%
ROICexgc growth 3Y12.71%
ROICexgc 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 Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 1.06 | ||
| Debt/EBITDA | 0.65 | ||
| Cap/Depr | 107.83% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.62% | ||
| Profit Quality | 96.88% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 11.48 |
F-Score7
WACC8.58%
ROIC/WACC6.42
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)10.5%
EPS 3Y6.3%
EPS 5Y17.9%
EPS Q2Q%12.14%
EPS Next Y11.37%
EPS Next 2Y9.99%
EPS Next 3Y10.1%
EPS Next 5Y10.53%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y2.25%
Revenue growth 5Y8.49%
Sales Q2Q%9.63%
Revenue Next Year6.16%
Revenue Next 2Y6.05%
Revenue Next 3Y6.14%
Revenue Next 5Y6.05%
EBIT growth 1Y7.98%
EBIT growth 3Y4.19%
EBIT growth 5Y14.02%
EBIT Next Year17.05%
EBIT Next 3Y10.02%
EBIT Next 5Y9.62%
FCF growth 1Y-4.76%
FCF growth 3Y5.39%
FCF growth 5Y13.06%
OCF growth 1Y-3.99%
OCF growth 3Y4.36%
OCF growth 5Y11.25%
APPLE INC / APC.DE FAQ
What is the fundamental rating for APC stock?
ChartMill assigns a fundamental rating of 7 / 10 to APC.DE.
Can you provide the valuation status for APPLE INC?
ChartMill assigns a valuation rating of 2 / 10 to APPLE INC (APC.DE). This can be considered as Overvalued.
Can you provide the profitability details for APPLE INC?
APPLE INC (APC.DE) has a profitability rating of 10 / 10.
What are the PE and PB ratios of APPLE INC (APC.DE) stock?
The Price/Earnings (PE) ratio for APPLE INC (APC.DE) is 37.6 and the Price/Book (PB) ratio is 61.58.
How sustainable is the dividend of APPLE INC (APC.DE) stock?
The dividend rating of APPLE INC (APC.DE) is 4 / 10 and the dividend payout ratio is 15.47%.