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AAPL

Apple BVC:AAPL Stock Report

Last Price

Col$717.17k

Market Cap

Col$11385.3t

7D

2.7%

1Y

24.3%

Updated

09 Aug, 2022

Data

Company Financials +
AAPL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health2/6
Dividends0/6

AAPL Stock Overview

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Apple Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Apple
Historical stock prices
Current Share PriceUS$717,170.00
52 Week HighUS$749,000.00
52 Week LowUS$512,220.00
Beta1.23
1 Month Change10.76%
3 Month Change14.38%
1 Year Change24.26%
3 Year Change321.93%
5 Year Change510.25%
Change since IPO2,827.22%

Recent News & Updates

Shareholder Returns

AAPLCO TechCO Market
7D2.7%0%0%
1Y24.3%0%0%

Return vs Industry: AAPL exceeded the CO Tech industry which returned 3.3% over the past year.

Return vs Market: AAPL exceeded the CO Market which returned -3% over the past year.

Price Volatility

Is AAPL's price volatile compared to industry and market?
AAPL volatility
AAPL Average Weekly Movement5.8%
Tech Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in CO Market0%
10% least volatile stocks in CO Market0%

Stable Share Price: AAPL is not significantly more volatile than the rest of CO stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AAPL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977154,000Tim Cookhttps://www.apple.com

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch.

Apple Fundamentals Summary

How do Apple's earnings and revenue compare to its market cap?
AAPL fundamental statistics
Market CapUS$2.65t
Earnings (TTM)US$99.63b
Revenue (TTM)US$387.54b

26.6x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AAPL income statement (TTM)
RevenueUS$387.54b
Cost of RevenueUS$219.68b
Gross ProfitUS$167.86b
Other ExpensesUS$68.23b
EarningsUS$99.63b

Last Reported Earnings

Jun 25, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.20
Gross Margin43.31%
Net Profit Margin25.71%
Debt/Equity Ratio206.0%

How did AAPL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

15%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is AAPL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AAPL?

Other financial metrics that can be useful for relative valuation.

AAPL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.7x
Enterprise Value/EBITDA20x
PEG Ratio7.8x

Price to Earnings Ratio vs Peers

How does AAPL's PE Ratio compare to its peers?

AAPL PE Ratio vs Peers
The above table shows the PE ratio for AAPL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11x
A005930 Samsung Electronics
9.1x9.3%₩403.8t
1810 Xiaomi
22.9x23.7%HK$292.2b
HPQ HP
5.5x-12.5%US$34.6b
DELL Dell Technologies
6.3x4.0%US$33.6b
AAPL Apple
26.6x3.4%Col$2.6t

Price-To-Earnings vs Peers: AAPL is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (11x).


Price to Earnings Ratio vs Industry

How does AAPL's PE Ratio compare vs other companies in the Global Tech Industry?

Price-To-Earnings vs Industry: AAPL is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the Global Tech industry average (15.1x)


Price to Earnings Ratio vs Fair Ratio

What is AAPL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AAPL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AAPL's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of AAPL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AAPL (COP717170) is trading above our estimate of fair value (COP575502.59)

Significantly Below Fair Value: AAPL is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Apple forecast to perform in the next 1 to 3 years based on estimates from 40 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAPL's forecast earnings growth (3.4% per year) is below the savings rate (6.7%).

Earnings vs Market: AAPL's earnings (3.4% per year) are forecast to grow faster than the CO market (-20.4% per year).

High Growth Earnings: AAPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: AAPL's revenue (4.6% per year) is forecast to grow faster than the CO market (-3.1% per year).

High Growth Revenue: AAPL's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AAPL's Return on Equity is forecast to be very high in 3 years time (80.7%).


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Past Performance

How has Apple performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AAPL has high quality earnings.

Growing Profit Margin: AAPL's current net profit margins (25.7%) are higher than last year (25%).


Past Earnings Growth Analysis

Earnings Trend: AAPL's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: AAPL's earnings growth over the past year (14.9%) is below its 5-year average (15.6% per year).

Earnings vs Industry: AAPL earnings growth over the past year (14.9%) underperformed the Tech industry 19.3%.


Return on Equity

High ROE: Whilst AAPL's Return on Equity (171.46%) is outstanding, this metric is skewed due to their high level of debt.


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Financial Health

How is Apple's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AAPL's short term assets ($112.3B) do not cover its short term liabilities ($129.9B).

Long Term Liabilities: AAPL's short term assets ($112.3B) do not cover its long term liabilities ($148.3B).


Debt to Equity History and Analysis

Debt Level: AAPL's net debt to equity ratio (123%) is considered high.

Reducing Debt: AAPL's debt to equity ratio has increased from 81.6% to 206% over the past 5 years.

Debt Coverage: AAPL's debt is well covered by operating cash flow (98.8%).

Interest Coverage: AAPL's interest payments on its debt are well covered by EBIT (2629.5x coverage).


Balance Sheet


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Dividend

What is Apple current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.56%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AAPL's dividend (0.56%) isn’t notable compared to the bottom 25% of dividend payers in the CO market (3.73%).

High Dividend: AAPL's dividend (0.56%) is low compared to the top 25% of dividend payers in the CO market (11.43%).


Stability and Growth of Payments

Stable Dividend: AAPL is not paying a notable dividend for the CO market, therefore no need to check if payments are stable.

Growing Dividend: AAPL is not paying a notable dividend for the CO market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: AAPL is not paying a notable dividend for the CO market.


Cash Payout to Shareholders

Cash Flow Coverage: AAPL is not paying a notable dividend for the CO market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Tim Cook (61 yo)

11yrs

Tenure

US$98,734,394

Compensation

Mr. Timothy D. Cook, also known as Tim, has been the Chief Executive Officer of Apple Inc. since August 24, 2011. Mr. Cook served as the Chief Operating Officer of Apple Inc., from October 14, 2005 to Augu...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD98.73M) is above average for companies of similar size in the CO market ($USD5.90M).

Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: AAPL's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: AAPL's board of directors are seasoned and experienced ( 11 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Apple Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Apple Inc.
  • Ticker: AAPL
  • Exchange: BVC
  • Founded: 1977
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: US$2.650t
  • Listing Market Cap: US$11385.266t
  • Shares outstanding: 16.07b
  • Website: https://www.apple.com

Number of Employees


Location

  • Apple Inc.
  • One Apple Park Way
  • Cupertino
  • California
  • 95014
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/08 00:00
Earnings2022/06/25
Annual Earnings2021/09/25


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.