255.53 USD
-2.68 (-1.04%)
255.22 USD
-0.31 (-0.12%)
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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AAPL is quite expensive at the moment. 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.
- AAPL had a positive operating cash flow in the past year.
- AAPL had positive earnings in each of the past 5 years.
- AAPL had a positive operating cash flow in each of the past 5 years.
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.
- AAPL has a Return On Invested Capital of 55.64%. This is amongst the best in the industry. AAPL outperforms 100.00% of its industry peers.
- 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
- AAPL's Profit Margin of 26.92% is amongst the best of the industry. AAPL outperforms 100.00% of its industry peers.
- In the last couple of years the Profit Margin of AAPL has grown nicely.
- AAPL has a better Operating Margin (31.97%) than 100.00% of its industry peers.
- In the last couple of years the Operating Margin of AAPL has grown nicely.
- AAPL's Gross Margin of 46.91% is amongst the best of the industry. AAPL outperforms 82.86% of its industry peers.
- 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
- AAPL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for AAPL has been reduced compared to 1 year ago.
- Compared to 5 years ago, AAPL has less shares outstanding
- The debt/assets ratio for AAPL has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 10.20 indicates that AAPL is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 10.20, AAPL belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
- AAPL has a debt to FCF ratio of 1.00. This is a very positive value and a sign of high solvency as it would only need 1.00 years to pay back of all of its debts.
- AAPL has a better Debt to FCF ratio (1.00) 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.
- Looking at the Debt to Equity ratio, with a value of 1.17, AAPL is doing worse than 60.00% of the companies in the same industry.
- Even though the debt/equity ratio score it not favorable for AAPL, 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 | 10.2 |
ROIC/WACC6.35
WACC8.76%
2.3 Liquidity
- AAPL has a Current Ratio of 0.89. This is a bad value and indicates that AAPL is not financially healthy enough and could expect problems in meeting its short term obligations.
- AAPL has a Current ratio of 0.89. This is in the lower half of the industry: AAPL underperforms 68.57% of its industry peers.
- A Quick Ratio of 0.86 indicates that AAPL may have some problems paying its short term obligations.
- AAPL's Quick ratio of 0.86 is in line compared to the rest of the industry. AAPL outperforms 54.29% of its industry peers.
- AAPL 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 | 0.89 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 10.67% over the past year.
- AAPL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.04% yearly.
- AAPL shows a small growth in Revenue. In the last year, the Revenue has grown by 6.43%.
- The Revenue has been growing by 8.68% on average over the past years. This is quite good.
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 Year9.02%
Revenue Next 2Y7.88%
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
- AAPL is valuated quite expensively with a Price/Earnings ratio of 34.21.
- AAPL's Price/Earnings ratio is a bit cheaper when compared to the industry. AAPL is cheaper than 62.86% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, AAPL is valued a bit more expensive.
- Based on the Price/Forward Earnings ratio of 30.35, the valuation of AAPL can be described as expensive.
- AAPL's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. AAPL is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.21 | ||
| Fwd PE | 30.35 |
4.2 Price Multiples
- AAPL's Enterprise Value to EBITDA ratio is in line with the industry average.
- 65.71% of the companies in the same industry are more expensive than AAPL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.23 | ||
| EV/EBITDA | 26.2 |
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.
- AAPL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.7
PEG (5Y)1.9
EPS Next 2Y11.63%
EPS Next 3Y11.11%
5. Dividend
5.1 Amount
- AAPL has a yearly dividend return of 0.34%, which is pretty low.
- AAPL's Dividend Yield is a higher than the industry average which is at 0.64.
- With a Dividend Yield of 0.34, AAPL pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
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.
- The dividend of AAPL decreased recently.
Dividend Growth(5Y)4.95%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 13.77% of the earnings are spent on dividend by AAPL. This is a low number and 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%
255.53
-2.68 (-1.04%)
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 Cap3.78T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.74
Price Target291.3 (14%)
Short Float %0.84%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
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)1.69%
PT rev (3m)16.5%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)7.11%
EPS NY rev (1m)-0.2%
EPS NY rev (3m)3.12%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)5.59%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)3.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.21 | ||
| Fwd PE | 30.35 | ||
| P/S | 9.07 | ||
| P/FCF | 38.23 | ||
| P/OCF | 33.87 | ||
| P/B | 51.21 | ||
| P/tB | 51.21 | ||
| EV/EBITDA | 26.2 |
EPS(TTM)7.47
EY2.92%
EPS(NY)8.42
Fwd EY3.29%
FCF(TTM)6.68
FCFY2.62%
OCF(TTM)7.54
OCFY2.95%
SpS28.16
BVpS4.99
TBVpS4.99
PEG (NY)2.7
PEG (5Y)1.9
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 | 10.2 |
F-Score8
WACC8.76%
ROIC/WACC6.35
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 Year9.02%
Revenue Next 2Y7.88%
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%.