APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:APC - US0378331005 - Common Stock
222.9 EUR
+1.65 (+0.75%)
APC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the health and profitability get an excellent rating, making APC a very profitable company, without any liquidiy or solvency issues. APC is valied quite expensively at the moment, while it does show a decent growth rate. This makes APC very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year APC was profitable.
APC had a positive operating cash flow in the past year.
Each year in the past 5 years APC has been profitable.
In the past 5 years APC always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 31.18%, APC belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
Looking at the Return On Equity, with a value of 151.91%, APC belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
With an excellent Return On Invested Capital value of 55.64%, APC belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for APC is significantly above the industry average of 16.68%.
The 3 year average ROIC (51.04%) for APC 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
APC has a Profit Margin of 26.92%. This is amongst the best in the industry. APC outperforms 96.88% of its industry peers.
APC's Profit Margin has improved in the last couple of years.
APC has a Operating Margin of 31.97%. This is amongst the best in the industry. APC outperforms 96.88% of its industry peers.
APC's Operating Margin has improved in the last couple of years.
APC's Gross Margin of 46.91% is fine compared to the rest of the industry. APC outperforms 71.88% of its industry peers.
In the last couple of years the Gross Margin of APC 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APC is creating value.
Compared to 1 year ago, APC has less shares outstanding
Compared to 5 years ago, APC has less shares outstanding
APC has a better debt/assets ratio than last year.
2.2 Solvency
APC has an Altman-Z score of 10.26. This indicates that APC is financially healthy and has little risk of bankruptcy at the moment.
APC has a Altman-Z score of 10.26. This is amongst the best in the industry. APC outperforms 96.88% of its industry peers.
The Debt to FCF ratio of APC is 1.00, which is an excellent value as it means it would take APC, only 1.00 years of fcf income to pay off all of its debts.
APC's Debt to FCF ratio of 1.00 is amongst the best of the industry. APC outperforms 90.63% of its industry peers.
A Debt/Equity ratio of 1.17 is on the high side and indicates that APC has dependencies on debt financing.
APC has a Debt to Equity ratio of 1.17. This is in the lower half of the industry: APC underperforms 78.13% 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 | 1.17 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 10.26 |
ROIC/WACC6.41
WACC8.68%
2.3 Liquidity
APC has a Current Ratio of 0.89. 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 Current ratio, with a value of 0.89, APC is doing worse than 81.25% of the companies in the same industry.
A Quick Ratio of 0.86 indicates that APC may have some problems paying its short term obligations.
APC has a worse Quick ratio (0.86) than 68.75% of its industry peers.
The current and quick ratio evaluation for APC 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.
The Earnings Per Share has been growing by 18.04% on average over the past years. This is quite good.
APC shows a small growth in Revenue. In the last year, the Revenue has grown by 6.43%.
Measured over the past years, APC 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
The Earnings Per Share is expected to grow by 13.24% on average over the next years. This is quite good.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 34.72 indicates a quite expensive valuation of APC.
APC's Price/Earnings is on the same level as the industry average.
APC's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.25.
APC is valuated quite expensively with a Price/Forward Earnings ratio of 30.83.
65.63% of the companies in the same industry are cheaper than APC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.98. APC is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.72 | ||
| Fwd PE | 30.83 |
4.2 Price Multiples
APC's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. APC is more expensive than 62.50% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as APC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.82 | ||
| EV/EBITDA | 26.41 |
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.
The excellent profitability rating of APC may justify a higher PE ratio.
PEG (NY)2.74
PEG (5Y)1.92
EPS Next 2Y11.63%
EPS Next 3Y11.11%
5. Dividend
5.1 Amount
APC has a yearly dividend return of 0.40%, which is pretty low.
Compared to an average industry Dividend Yield of 0.92, APC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.40, APC 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 APC has a limited annual growth rate of 4.95%.
Dividend Growth(5Y)4.95%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
APC pays out 13.77% 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.
DP13.77%
EPS Next 2Y11.63%
EPS Next 3Y11.11%
FRA:APC (1/12/2026, 5:29:50 PM)
222.9
+1.65 (+0.75%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners64.27%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.29T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.74
Price Target246.58 (10.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
Yearly Dividend0.89
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)0.37%
PT rev (3m)15.27%
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 | 34.72 | ||
| Fwd PE | 30.83 | ||
| P/S | 9.21 | ||
| P/FCF | 38.82 | ||
| P/OCF | 34.4 | ||
| P/B | 52 | ||
| P/tB | 52 | ||
| EV/EBITDA | 26.41 |
EPS(TTM)6.42
EY2.88%
EPS(NY)7.23
Fwd EY3.24%
FCF(TTM)5.74
FCFY2.58%
OCF(TTM)6.48
OCFY2.91%
SpS24.19
BVpS4.29
TBVpS4.29
PEG (NY)2.74
PEG (5Y)1.92
Graham Number24.88
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 | 10.26 |
F-Score8
WACC8.68%
ROIC/WACC6.41
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 / APC.DE FAQ
What is the fundamental rating for APC stock?
ChartMill assigns a fundamental rating of 6 / 10 to APC.DE.
What is the valuation status of APPLE INC (APC.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to APPLE INC (APC.DE). This can be considered as Overvalued.
How profitable is APPLE INC (APC.DE) stock?
APPLE INC (APC.DE) has a profitability rating of 9 / 10.
Can you provide the financial health for APC stock?
The financial health rating of APPLE INC (APC.DE) is 7 / 10.
Is the dividend of APPLE INC sustainable?
The dividend rating of APPLE INC (APC.DE) is 4 / 10 and the dividend payout ratio is 13.77%.