246.7 USD
-8.83 (-3.46%)
245.79 USD
-0.91 (-0.37%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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
- In the past year AAPL was profitable.
- In the past year AAPL had a positive cash flow from operations.
- In the past 5 years AAPL has always been profitable.
- AAPL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of AAPL (31.18%) is better than 100.00% of its industry peers.
- The Return On Equity of AAPL (151.91%) is better than 100.00% of its industry peers.
- AAPL's Return On Invested Capital of 55.64% is amongst the best of the industry. AAPL outperforms 100.00% of its industry peers.
- AAPL had an Average Return On Invested Capital over the past 3 years of 51.04%. This 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
- With an excellent Profit Margin value of 26.92%, AAPL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- AAPL's Profit Margin has improved in the last couple of years.
- AAPL has a Operating Margin of 31.97%. This is amongst the best in the industry. AAPL outperforms 100.00% of its industry peers.
- AAPL's Operating Margin has improved in the last couple of years.
- The Gross Margin of AAPL (46.91%) is better than 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AAPL 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
- AAPL has a better debt/assets ratio than last year.
2.2 Solvency
- AAPL has an Altman-Z score of 9.93. This indicates that AAPL is financially healthy and has little risk of bankruptcy at the moment.
- AAPL has a better Altman-Z score (9.93) than 91.43% 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.
- A Debt/Equity ratio of 1.17 is on the high side and indicates that AAPL has dependencies on debt financing.
- AAPL has a worse Debt to Equity ratio (1.17) than 60.00% 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 | 9.93 |
ROIC/WACC6.36
WACC8.75%
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's Current ratio of 0.89 is on the low side compared to the rest of the industry. AAPL is outperformed by 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 has a Quick ratio (0.86) which is comparable to the rest of the industry.
- 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.
- The Revenue has been growing slightly by 6.43% in the past year.
- 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
- AAPL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.24% yearly.
- 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
- Based on the Price/Earnings ratio of 33.03, the valuation of AAPL can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of AAPL indicates a somewhat cheap valuation: AAPL is cheaper than 65.71% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.94, AAPL is valued a bit more expensive.
- AAPL is valuated quite expensively with a Price/Forward Earnings ratio of 29.31.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AAPL is on the same level as its industry peers.
- When comparing the Price/Forward Earnings ratio of AAPL to the average of the S&P500 Index (23.94), we can say AAPL is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.03 | ||
| Fwd PE | 29.31 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AAPL is on the same level as its industry peers.
- AAPL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AAPL is cheaper than 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.91 | ||
| EV/EBITDA | 25.3 |
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)2.6
PEG (5Y)1.83
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.
- Compared to an average industry Dividend Yield of 0.64, AAPL pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.34, AAPL pays less dividend than the S&P500 average, which is at 1.83.
| 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 paid a dividend for at least 10 years, which is 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%
246.7
-8.83 (-3.46%)
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 Change0.2%
Ins Owners0.06%
Ins Owner Change-0.72%
Market Cap3.65T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.74
Price Target291.3 (18.08%)
Short Float %0.78%
Short Ratio2.54
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 | 33.03 | ||
| Fwd PE | 29.31 | ||
| P/S | 8.76 | ||
| P/FCF | 36.91 | ||
| P/OCF | 32.7 | ||
| P/B | 49.44 | ||
| P/tB | 49.44 | ||
| EV/EBITDA | 25.3 |
EPS(TTM)7.47
EY3.03%
EPS(NY)8.42
Fwd EY3.41%
FCF(TTM)6.68
FCFY2.71%
OCF(TTM)7.54
OCFY3.06%
SpS28.16
BVpS4.99
TBVpS4.99
PEG (NY)2.6
PEG (5Y)1.83
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 | 9.93 |
F-Score8
WACC8.75%
ROIC/WACC6.36
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%.