APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:APC - US0378331005 - Common Stock
221.25 EUR
+1.1 (+0.5%)
APC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 30 industry peers in the Technology Hardware, Storage & Peripherals industry. APC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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.
In the past year APC had a positive cash flow from operations.
In the past 5 years APC has always been profitable.
APC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APC's Return On Assets of 31.18% is amongst the best of the industry. APC outperforms 96.67% of its industry peers.
With an excellent Return On Equity value of 151.91%, APC belongs to the best of the industry, outperforming 96.67% 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 96.67% of the companies in the same industry.
APC had an Average Return On Invested Capital over the past 3 years of 51.04%. This is significantly above the industry average of 16.57%.
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
The Profit Margin of APC (26.92%) is better than 96.67% of its industry peers.
In the last couple of years the Profit Margin of APC has grown nicely.
Looking at the Operating Margin, with a value of 31.97%, APC belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
APC's Operating Margin has improved in the last couple of years.
The Gross Margin of APC (46.91%) is better than 76.67% 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
APC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, APC has less shares outstanding
APC has less shares outstanding than it did 5 years ago.
APC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 10.25 indicates that APC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.25, APC belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
APC 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.
With an excellent Debt to FCF ratio value of 1.00, APC belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
A Debt/Equity ratio of 1.17 is on the high side and indicates that APC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.17, APC is doing worse than 76.67% of the companies in the same industry.
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 | 10.25 |
ROIC/WACC6.41
WACC8.68%
2.3 Liquidity
A Current Ratio of 0.89 indicates that APC may have some problems paying its short term obligations.
With a Current ratio value of 0.89, APC is not doing good in the industry: 76.67% of the companies in the same industry are doing better.
APC has a Quick 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.
With a Quick ratio value of 0.86, APC is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
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 | 0.89 | ||
| 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.
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
Based on estimates for the next years, APC will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.46% on average per year.
Based on estimates for the next years, APC will show a small growth in Revenue. The Revenue will grow by 6.81% on average per year.
EPS Next Y12.69%
EPS Next 2Y11.63%
EPS Next 3Y11.11%
EPS Next 5Y13.46%
Revenue Next Year8.96%
Revenue Next 2Y7.86%
Revenue Next 3Y7.38%
Revenue Next 5Y6.81%
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 34.57, the valuation of APC can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as APC.
APC's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.19.
The Price/Forward Earnings ratio is 30.69, which means the current valuation is very expensive for APC.
63.33% of the companies in the same industry are cheaper than APC, based on the Price/Forward Earnings ratio.
APC is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.57 | ||
| Fwd PE | 30.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APC is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
APC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.65 | ||
| EV/EBITDA | 26.36 |
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)2.72
PEG (5Y)1.92
EPS Next 2Y11.63%
EPS Next 3Y11.11%
5. Dividend
5.1 Amount
With a yearly dividend of 0.40%, APC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.09, 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 1.90.
| 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 (1/9/2026, 7:00:00 PM)
221.25
+1.1 (+0.5%)
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 Cap3.27T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.74
Price Target246.58 (11.45%)
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)-0.11%
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 | 34.57 | ||
| Fwd PE | 30.69 | ||
| P/S | 9.17 | ||
| P/FCF | 38.65 | ||
| P/OCF | 34.24 | ||
| P/B | 51.77 | ||
| P/tB | 51.77 | ||
| EV/EBITDA | 26.36 |
EPS(TTM)6.4
EY2.89%
EPS(NY)7.21
Fwd EY3.26%
FCF(TTM)5.73
FCFY2.59%
OCF(TTM)6.46
OCFY2.92%
SpS24.12
BVpS4.27
TBVpS4.27
PEG (NY)2.72
PEG (5Y)1.92
Graham Number24.81
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 | 10.25 |
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 5Y13.46%
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 5Y6.81%
EBIT growth 1Y7.98%
EBIT growth 3Y3.66%
EBIT growth 5Y14.95%
EBIT Next Year18.92%
EBIT Next 3Y11.49%
EBIT Next 5Y10.58%
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%.