APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - FRA:APC - US0378331005 - Common Stock
235.65 EUR
+0.15 (+0.06%)
Overall APC gets a fundamental rating of 6 out of 10. We evaluated APC against 29 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 quite expensive at the moment. It does show a decent growth rate. These ratings could make APC a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year APC was profitable.
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
The Return On Assets of APC (31.18%) is better than 96.55% of its industry peers.
Looking at the Return On Equity, with a value of 151.91%, APC belongs to the top of the industry, outperforming 96.55% of the companies in the same industry.
APC has a better Return On Invested Capital (55.64%) than 96.55% of its industry peers.
APC had an Average Return On Invested Capital over the past 3 years of 51.04%. This is significantly above the industry average of 18.98%.
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 96.55% of its industry peers.
APC's Profit Margin has improved in the last couple of years.
APC's Operating Margin of 31.97% is amongst the best of the industry. APC outperforms 96.55% of its industry peers.
In the last couple of years the Operating Margin of APC has grown nicely.
Looking at the Gross Margin, with a value of 46.91%, APC is in the better half of the industry, outperforming 79.31% of the companies in the same industry.
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.
APC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for APC has been reduced compared to 5 years ago.
Compared to 1 year ago, APC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 10.83 indicates that APC is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 10.83, APC belongs to the best of the industry, outperforming 96.55% 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 86.21% 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.
APC has a worse Debt to Equity ratio (1.17) than 72.41% of its industry peers.
Although APC 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 | 10.83 |
ROIC/WACC6.43
WACC8.65%
2.3 Liquidity
A Current Ratio of 0.89 indicates that APC may have some problems paying its short term obligations.
The Current ratio of APC (0.89) is worse than 75.86% of its industry peers.
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.
APC's Quick ratio of 0.86 is on the low side compared to the rest of the industry. APC is outperformed by 65.52% of its industry peers.
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
APC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.67%, which is quite good.
Measured over the past years, APC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.04% on average per year.
Looking at the last year, APC shows a small growth in Revenue. The Revenue has grown by 6.43% in the last year.
APC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.68% yearly.
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
APC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.46% yearly.
APC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.82% yearly.
EPS Next Y11.89%
EPS Next 2Y10.96%
EPS Next 3Y10.93%
EPS Next 5Y13.46%
Revenue Next Year8.07%
Revenue Next 2Y7.22%
Revenue Next 3Y7.05%
Revenue Next 5Y6.82%
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
With a Price/Earnings ratio of 36.76, APC can be considered very expensive at the moment.
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 25.89.
A Price/Forward Earnings ratio of 32.84 indicates a quite expensive valuation of APC.
Based on the Price/Forward Earnings ratio, APC is valued a bit more expensive than the industry average as 65.52% of the companies are valued more cheaply.
APC's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.76 | ||
| Fwd PE | 32.84 |
4.2 Price Multiples
APC's Enterprise Value to EBITDA is on the same level as the industry average.
APC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.24 | ||
| EV/EBITDA | 28.26 |
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)3.09
PEG (5Y)2.04
EPS Next 2Y10.96%
EPS Next 3Y10.93%
5. Dividend
5.1 Amount
With a yearly dividend of 0.38%, APC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.13, APC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, APC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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
13.77% of the earnings are spent on dividend by APC. This is a low number and sustainable payout ratio.
APC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP13.77%
EPS Next 2Y10.96%
EPS Next 3Y10.93%
FRA:APC (11/14/2025, 7:00:00 PM)
235.65
+0.15 (+0.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners63.51%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.50T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.89
Price Target226.47 (-3.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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)5.87%
PT rev (3m)8.25%
EPS NQ rev (1m)6.78%
EPS NQ rev (3m)7.08%
EPS NY rev (1m)2.39%
EPS NY rev (3m)5.38%
Revenue NQ rev (1m)5.2%
Revenue NQ rev (3m)5.81%
Revenue NY rev (1m)2.42%
Revenue NY rev (3m)4.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.76 | ||
| Fwd PE | 32.84 | ||
| P/S | 9.79 | ||
| P/FCF | 41.24 | ||
| P/OCF | 36.54 | ||
| P/B | 55.25 | ||
| P/tB | 55.25 | ||
| EV/EBITDA | 28.26 |
EPS(TTM)6.41
EY2.72%
EPS(NY)7.18
Fwd EY3.05%
FCF(TTM)5.71
FCFY2.42%
OCF(TTM)6.45
OCFY2.74%
SpS24.07
BVpS4.27
TBVpS4.27
PEG (NY)3.09
PEG (5Y)2.04
Graham Number24.8
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 | 10.83 |
F-Score8
WACC8.65%
ROIC/WACC6.43
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 Y11.89%
EPS Next 2Y10.96%
EPS Next 3Y10.93%
EPS Next 5Y13.46%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%7.94%
Revenue Next Year8.07%
Revenue Next 2Y7.22%
Revenue Next 3Y7.05%
Revenue Next 5Y6.82%
EBIT growth 1Y7.98%
EBIT growth 3Y3.66%
EBIT growth 5Y14.95%
EBIT Next Year15.46%
EBIT Next 3Y11.4%
EBIT Next 5Y10.63%
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 7 / 10 to APC.DE.
Can you provide the valuation status for APPLE INC?
ChartMill assigns a valuation rating of 2 / 10 to APPLE INC (APC.DE). This can be considered as Overvalued.
Can you provide the profitability details for APPLE INC?
APPLE INC (APC.DE) has a profitability rating of 10 / 10.
What are the PE and PB ratios of APPLE INC (APC.DE) stock?
The Price/Earnings (PE) ratio for APPLE INC (APC.DE) is 36.76 and the Price/Book (PB) ratio is 55.25.
How sustainable is the dividend of APPLE INC (APC.DE) stock?
The dividend rating of APPLE INC (APC.DE) is 4 / 10 and the dividend payout ratio is 13.77%.