APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:APC - US0378331005 - Common Stock
216.4 EUR
-4.65 (-2.1%)
Overall APC gets a fundamental rating of 6 out of 10. We evaluated APC against 33 industry peers in the Technology Hardware, Storage & Peripherals industry. APC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, APC is valued expensive at the moment. This makes APC very considerable 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.
- In the past 5 years APC always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 31.18%, APC belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 151.91%, APC belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
- APC's Return On Invested Capital of 55.64% is amongst the best of the industry. APC outperforms 96.97% 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 17.59%.
- The last Return On Invested Capital (55.64%) for APC is above the 3 year average (51.04%), which is a sign of increasing profitability.
| 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
- APC has a better Profit Margin (26.92%) than 96.97% of its industry peers.
- APC's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 31.97%, APC belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
- APC's Operating Margin has improved in the last couple of years.
- APC's Gross Margin of 46.91% is fine compared to the rest of the industry. APC outperforms 78.79% 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.
- 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
- APC has an Altman-Z score of 10.24. This indicates that APC is financially healthy and has little risk of bankruptcy at the moment.
- APC's Altman-Z score of 10.24 is amongst the best of the industry. APC outperforms 93.94% of its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 1.00, APC belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
- APC has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
- APC has a Debt to Equity ratio of 1.17. This is in the lower half of the industry: APC underperforms 75.76% 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 | 1.17 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 10.24 |
ROIC/WACC6.37
WACC8.73%
2.3 Liquidity
- A Current Ratio of 0.89 indicates that APC may have some problems paying its short term obligations.
- APC has a worse Current ratio (0.89) than 78.79% 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.
- Looking at the Quick ratio, with a value of 0.86, APC is doing worse than 63.64% 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 | 0.89 | ||
| 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.
- The Earnings Per Share has been growing by 18.04% 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 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
- The Earnings Per Share is expected to grow by 13.24% on average over the next years. This is quite good.
- Based on estimates for the next years, APC will show a small growth in Revenue. The Revenue will grow by 6.85% on average per year.
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
- 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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 33.65, the valuation of APC can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of APC is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of APC to the average of the S&P500 Index (27.38), we can say APC is valued slightly more expensively.
- Based on the Price/Forward Earnings ratio of 29.86, the valuation of APC can be described as expensive.
- APC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. APC is more expensive than 63.64% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, APC is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.65 | ||
| Fwd PE | 29.86 |
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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.61 | ||
| EV/EBITDA | 26.33 |
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.
- The excellent profitability rating of APC may justify a higher PE ratio.
PEG (NY)2.65
PEG (5Y)1.87
EPS Next 2Y11.63%
EPS Next 3Y11.11%
5. Dividend
5.1 Amount
- APC has a yearly dividend return of 0.34%, which is pretty low.
- APC's Dividend Yield is a higher than the industry average which is at 0.90.
- With a Dividend Yield of 0.34, APC pays less dividend than the S&P500 average, which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
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.
- The dividend of APC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP13.77%
EPS Next 2Y11.63%
EPS Next 3Y11.11%
FRA:APC (1/19/2026, 7:00:00 PM)
216.4
-4.65 (-2.1%)
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 ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.20T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts77.74
Price Target249.5 (15.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
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)1.55%
PT rev (3m)16.63%
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 | 33.65 | ||
| Fwd PE | 29.86 | ||
| P/S | 8.93 | ||
| P/FCF | 37.61 | ||
| P/OCF | 33.32 | ||
| P/B | 50.38 | ||
| P/tB | 50.38 | ||
| EV/EBITDA | 26.33 |
EPS(TTM)6.43
EY2.97%
EPS(NY)7.25
Fwd EY3.35%
FCF(TTM)5.75
FCFY2.66%
OCF(TTM)6.49
OCFY3%
SpS24.24
BVpS4.3
TBVpS4.3
PEG (NY)2.65
PEG (5Y)1.87
Graham Number24.93
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 | 10.24 |
F-Score8
WACC8.73%
ROIC/WACC6.37
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 / 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%.