APPLE INC (APC.DE) Stock Fundamental Analysis
FRA:APC - US0378331005 - Common Stock
194.8 EUR
+0.64 (+0.33%)
Taking everything into account, APC scores 7 out of 10 in our fundamental rating. APC was compared to 30 industry peers in the Technology Hardware, Storage & Peripherals industry. APC gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, APC is valued expensive at the moment. With these ratings, APC could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
APC had positive earnings in the past year.
APC had a positive operating cash flow in the past year.
APC had positive earnings in each of the past 5 years.
In the past 5 years APC always reported a positive cash flow from operatings.
1.2 Ratios
APC's Return On Assets of 29.95% is amongst the best of the industry. APC outperforms 96.55% of its industry peers.
Looking at the Return On Equity, with a value of 150.81%, APC belongs to the top of the industry, outperforming 96.55% of the companies in the same industry.
The Return On Invested Capital of APC (55.09%) is better than 96.55% of its industry peers.
APC had an Average Return On Invested Capital over the past 3 years of 48.83%. This is significantly above the industry average of 16.91%.
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
With an excellent Profit Margin value of 24.30%, APC belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
In the last couple of years the Profit Margin of APC has grown nicely.
Looking at the Operating Margin, with a value of 31.87%, APC belongs to the top of the industry, outperforming 96.55% of the companies in the same industry.
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 82.76% of the companies in the same industry.
APC's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), APC is creating value.
Compared to 1 year ago, APC has less shares outstanding
APC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for APC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 9.97 indicates that APC is not in any danger for bankruptcy at the moment.
APC has a Altman-Z score of 9.97. This is amongst the best in the industry. APC outperforms 93.10% of its industry peers.
APC has a debt to FCF ratio of 1.06. This is a very positive value and a sign of high solvency as it would only need 1.06 years to pay back of all of its debts.
The Debt to FCF ratio of APC (1.06) is better than 82.76% of its industry peers.
A Debt/Equity ratio of 1.40 is on the high side and indicates that APC has dependencies on debt financing.
The Debt to Equity ratio of APC (1.40) is worse than 75.86% of its industry peers.
Even though the debt/equity ratio score it not favorable for APC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 1.06 | ||
| Altman-Z | 9.97 |
ROIC/WACC6.31
WACC8.73%
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 75.86% of its industry peers.
APC has a Quick 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.
Looking at the Quick ratio, with a value of 0.83, APC is doing worse than 68.97% of the companies in the same industry.
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.
Measured over the past years, APC 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 5.97% 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)10.5%
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 12.86% yearly.
Based on estimates for the next years, APC will show a small growth in Revenue. The Revenue will grow by 6.43% on average per year.
EPS Next Y11.43%
EPS Next 2Y9.9%
EPS Next 3Y9.97%
EPS Next 5Y12.86%
Revenue Next Year6.19%
Revenue Next 2Y5.83%
Revenue Next 3Y5.95%
Revenue Next 5Y6.43%
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 31.17, the valuation of APC can be described as expensive.
APC's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of APC to the average of the S&P500 Index (27.24), we can say APC is valued inline with the index average.
APC is valuated quite expensively with a Price/Forward Earnings ratio of 27.74.
APC's Price/Forward Earnings ratio is in line with the industry average.
APC is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.81, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.17 | ||
| Fwd PE | 27.74 |
4.2 Price Multiples
APC's Enterprise Value to EBITDA is on the same level as the industry average.
APC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.89 | ||
| EV/EBITDA | 23.8 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates APC does not grow enough to justify the current Price/Earnings ratio.
APC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.73
PEG (5Y)1.74
EPS Next 2Y9.9%
EPS Next 3Y9.97%
5. Dividend
5.1 Amount
With a yearly dividend of 0.46%, APC is not a good candidate for dividend investing.
APC's Dividend Yield is a higher than the industry average which is at 2.31.
Compared to an average S&P500 Dividend Yield of 2.34, APC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
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 2Y9.9%
EPS Next 3Y9.97%
FRA:APC (8/22/2025, 7:00:00 PM)
194.8
+0.64 (+0.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners62.87%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap2890.91B
Analysts77.5
Price Target207.74 (6.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
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)1.09%
PT rev (3m)-1.06%
EPS NQ rev (1m)5.95%
EPS NQ rev (3m)-1.88%
EPS NY rev (1m)2.85%
EPS NY rev (3m)2.88%
Revenue NQ rev (1m)3.59%
Revenue NQ rev (3m)0.92%
Revenue NY rev (1m)1.83%
Revenue NY rev (3m)1.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.17 | ||
| Fwd PE | 27.74 | ||
| P/S | 8.21 | ||
| P/FCF | 34.89 | ||
| P/OCF | 30.91 | ||
| P/B | 50.98 | ||
| P/tB | 50.98 | ||
| EV/EBITDA | 23.8 |
EPS(TTM)6.25
EY3.21%
EPS(NY)7.02
Fwd EY3.61%
FCF(TTM)5.58
FCFY2.87%
OCF(TTM)6.3
OCFY3.24%
SpS23.72
BVpS3.82
TBVpS3.82
PEG (NY)2.73
PEG (5Y)1.74
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%
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 Turnover1.23
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 | 9.97 |
F-Score7
WACC8.73%
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)10.5%
EPS 3Y6.3%
EPS 5Y17.9%
EPS Q2Q%12.14%
EPS Next Y11.43%
EPS Next 2Y9.9%
EPS Next 3Y9.97%
EPS Next 5Y12.86%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y2.25%
Revenue growth 5Y8.49%
Sales Q2Q%9.63%
Revenue Next Year6.19%
Revenue Next 2Y5.83%
Revenue Next 3Y5.95%
Revenue Next 5Y6.43%
EBIT growth 1Y7.98%
EBIT growth 3Y4.19%
EBIT growth 5Y14.02%
EBIT Next Year16.74%
EBIT Next 3Y9.62%
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%