APPLE INC (APC.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:APC - US0378331005 - Common Stock
238.25 EUR
-0.4 (-0.17%)
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 gets an excellent profitability rating and is at the same time showing great financial health properties. 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
APC had positive earnings in the past year.
In the past year APC had a positive cash flow from operations.
Each year in the past 5 years APC has been profitable.
In the past 5 years APC always reported a positive cash flow from operatings.
1.2 Ratios
APC has a Return On Assets of 31.18%. This is amongst the best in the industry. APC outperforms 100.00% of its industry peers.
The Return On Equity of APC (151.91%) is better than 100.00% of its industry peers.
APC has a Return On Invested Capital of 55.64%. This is amongst the best in the industry. APC outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APC is significantly above the industry average of 13.83%.
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
APC has a Profit Margin of 26.92%. This is amongst the best in the industry. APC outperforms 100.00% 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 100.00% of the companies in the same industry.
APC's Operating Margin has improved in the last couple of years.
APC has a better Gross Margin (46.91%) than 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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.
The debt/assets ratio for APC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 10.89 indicates that APC is not in any danger for bankruptcy at the moment.
The Altman-Z score of APC (10.89) is better than 96.97% 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 87.88% 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's Debt to Equity ratio of 1.17 is on the low side compared to the rest of the industry. APC is outperformed by 75.76% 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 | 10.89 |
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.
APC's Current ratio of 0.89 is on the low side compared to the rest of the industry. APC is outperformed by 75.76% 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 66.67% of its industry peers.
The current and quick ratio evaluation for APC is rather negative, while it does have 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.
The Revenue has been growing slightly by 6.43% in the past 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.
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 Y12.91%
EPS Next 2Y11.66%
EPS Next 3Y11.12%
EPS Next 5Y13.46%
Revenue Next Year9.07%
Revenue Next 2Y7.88%
Revenue Next 3Y7.41%
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.
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
With a Price/Earnings ratio of 37.11, APC can be considered very expensive at the moment.
APC's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of APC to the average of the S&P500 Index (26.29), we can say APC is valued slightly more expensively.
APC is valuated quite expensively with a Price/Forward Earnings ratio of 32.87.
Based on the Price/Forward Earnings ratio, APC is valued a bit more expensive than the industry average as 60.61% of the companies are valued more cheaply.
APC's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.11 | ||
| Fwd PE | 32.87 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APC.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.48 | ||
| EV/EBITDA | 28.47 |
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)2.87
PEG (5Y)2.06
EPS Next 2Y11.66%
EPS Next 3Y11.12%
5. Dividend
5.1 Amount
No dividends for APC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:APC (12/10/2025, 1:55:13 PM)
238.25
-0.4 (-0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners64.22%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap3.52T
Revenue(TTM)416.16B
Net Income(TTM)112.01B
Analysts78.21
Price Target245.68 (3.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)9.55%
PT rev (3m)18.26%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)7.24%
EPS NY rev (1m)0.91%
EPS NY rev (3m)3.46%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6%
Revenue NY rev (1m)0.96%
Revenue NY rev (3m)3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.11 | ||
| Fwd PE | 32.87 | ||
| P/S | 9.84 | ||
| P/FCF | 41.48 | ||
| P/OCF | 36.75 | ||
| P/B | 55.56 | ||
| P/tB | 55.56 | ||
| EV/EBITDA | 28.47 |
EPS(TTM)6.42
EY2.69%
EPS(NY)7.25
Fwd EY3.04%
FCF(TTM)5.74
FCFY2.41%
OCF(TTM)6.48
OCFY2.72%
SpS24.2
BVpS4.29
TBVpS4.29
PEG (NY)2.87
PEG (5Y)2.06
Graham Number24.89
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 | 10.89 |
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 Y12.91%
EPS Next 2Y11.66%
EPS Next 3Y11.12%
EPS Next 5Y13.46%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y1.81%
Revenue growth 5Y8.68%
Sales Q2Q%7.94%
Revenue Next Year9.07%
Revenue Next 2Y7.88%
Revenue Next 3Y7.41%
Revenue Next 5Y6.81%
EBIT growth 1Y7.98%
EBIT growth 3Y3.66%
EBIT growth 5Y14.95%
EBIT Next Year19.08%
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.
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 9 / 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 37.11 and the Price/Book (PB) ratio is 55.56.
How sustainable is the dividend of APPLE INC (APC.DE) stock?
The dividend rating of APPLE INC (APC.DE) is 0 / 10 and the dividend payout ratio is 13.77%.