APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - FRA:APC - US0378331005 - Common Stock
202 EUR
+0.7 (+0.35%)
Overall APC gets a fundamental rating of 7 out of 10. We evaluated APC against 27 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. APC is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make APC suitable 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.
APC had positive earnings in each of the past 5 years.
APC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APC's Return On Assets of 29.95% is amongst the best of the industry. APC outperforms 96.30% 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 96.30% of the companies in the same industry.
With an excellent Return On Invested Capital value of 55.09%, APC belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for APC is significantly above the industry average of 16.90%.
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
APC's Profit Margin of 24.30% is amongst the best of the industry. APC outperforms 96.30% of its industry peers.
APC's Profit Margin has improved in the last couple of years.
The Operating Margin of APC (31.87%) is better than 96.30% of its industry peers.
APC's Operating Margin has improved in the last couple of years.
APC has a Gross Margin of 46.68%. This is amongst the best in the industry. APC outperforms 81.48% of its industry peers.
In the last couple of years the Gross Margin of APC has grown nicely.
| 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.
The number of shares outstanding for APC has been reduced compared to 1 year ago.
APC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, APC has an improved debt to assets ratio.
2.2 Solvency
APC has an Altman-Z score of 10.33. This indicates that APC is financially healthy and has little risk of bankruptcy at the moment.
APC has a Altman-Z score of 10.33. This is amongst the best in the industry. APC outperforms 96.30% 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.
With an excellent Debt to FCF ratio value of 1.06, APC belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
APC has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of APC (1.40) is worse than 77.78% 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 | 10.33 |
ROIC/WACC6.46
WACC8.53%
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's Current ratio of 0.87 is on the low side compared to the rest of the industry. APC is outperformed by 77.78% 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 66.67% 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
APC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.50%, which is quite good.
The Earnings Per Share has been growing by 17.90% on average over the past years. This is quite good.
Looking at the last year, APC shows a small growth in Revenue. The Revenue has grown by 5.97% in the last year.
Measured over the past years, APC shows a quite strong growth in Revenue. The Revenue has been growing by 8.49% on average per year.
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
Based on estimates for the next years, APC will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.86% on average per year.
Based on estimates for the next years, APC will show a small growth in Revenue. The Revenue will grow by 6.43% on average per year.
EPS Next Y11.43%
EPS Next 2Y9.9%
EPS Next 3Y9.97%
EPS Next 5Y12.86%
Revenue Next Year6.1%
Revenue Next 2Y5.78%
Revenue Next 3Y5.84%
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
APC is valuated quite expensively with a Price/Earnings ratio of 32.74.
APC's Price/Earnings ratio is in line with the industry average.
APC is valuated rather expensively when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
APC is valuated quite expensively with a Price/Forward Earnings ratio of 29.15.
APC's Price/Forward Earnings ratio is in line with the industry average.
APC's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.74 | ||
| Fwd PE | 29.15 |
4.2 Price Multiples
APC's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as APC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.67 | ||
| EV/EBITDA | 24.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
APC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.86
PEG (5Y)1.83
EPS Next 2Y9.9%
EPS Next 3Y9.97%
5. Dividend
5.1 Amount
APC has a yearly dividend return of 0.45%, which is pretty low.
Compared to an average industry Dividend Yield of 2.10, APC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.45, APC pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
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
15.47% of the earnings are spent on dividend by APC. This is a low number and sustainable payout ratio.
The dividend of APC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP15.47%
EPS Next 2Y9.9%
EPS Next 3Y9.97%
FRA:APC (9/16/2025, 7:00:00 PM)
202
+0.7 (+0.35%)
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 Cap2997.76B
Analysts77.45
Price Target214.43 (6.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
Yearly Dividend0.85
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)2.49%
PT rev (3m)4.3%
EPS NQ rev (1m)0.13%
EPS NQ rev (3m)5.73%
EPS NY rev (1m)2.85%
EPS NY rev (3m)2.88%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)3.63%
Revenue NY rev (1m)1.72%
Revenue NY rev (3m)1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.74 | ||
| Fwd PE | 29.15 | ||
| P/S | 8.63 | ||
| P/FCF | 36.67 | ||
| P/OCF | 32.49 | ||
| P/B | 53.58 | ||
| P/tB | 53.58 | ||
| EV/EBITDA | 24.93 |
EPS(TTM)6.17
EY3.05%
EPS(NY)6.93
Fwd EY3.43%
FCF(TTM)5.51
FCFY2.73%
OCF(TTM)6.22
OCFY3.08%
SpS23.4
BVpS3.77
TBVpS3.77
PEG (NY)2.86
PEG (5Y)1.83
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 | 10.33 |
F-Score7
WACC8.53%
ROIC/WACC6.46
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 Year6.1%
Revenue Next 2Y5.78%
Revenue Next 3Y5.84%
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%