Apple Inc.

XTRA:APC Stock Report

Market Cap: €3.3t

Apple Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: APC (€220.6) is trading below our estimate of fair value (€255.49)

Significantly Below Fair Value: APC is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As APC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for APC. This is calculated by dividing APC's market cap by their current earnings.
What is APC's PE Ratio?
PE Ratio37.1x
EarningsUS$93.74b
Market CapUS$3.47t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for APC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.2x
A005930 Samsung Electronics
11.9x12.4%₩373.9t
DELL Dell Technologies
25.5x14.3%US$101.2b
1810 Xiaomi
34.2x19.7%HK$711.2b
2382 Quanta Computer
21.2x19.7%NT$1.1t
APC Apple
37.1x10.2%€3.5t

Price-To-Earnings vs Peers: APC is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the peer average (23.2x).

Price to Earnings Ratio vs Industry

How does APC's PE Ratio compare vs other companies in the European Tech Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
APC 37.1xIndustry Avg. 22.2xNo. of Companies4PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: APC is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the Global Tech industry average (22.1x).

Price to Earnings Ratio vs Fair Ratio

What is APC'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.

APC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.1x
Fair PE Ratio23x

Price-To-Earnings vs Fair Ratio: APC is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the estimated Fair Price-To-Earnings Ratio (23x).

Analyst Price Targets

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

The above table shows the analyst APC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€220.60
€231.96
+5.1%
10.8%€284.64€174.58n/a42
Nov ’25€205.15
€223.28
+8.8%
12.2%€276.84€169.80n/a42
Oct ’25€203.75
€214.74
+5.4%
12.9%€268.41€165.52n/a41
Sep ’25€206.45
€211.98
+2.7%
13.8%€269.91€161.95n/a42
Aug ’25€204.55
€208.96
+2.2%
14.4%€277.17€157.06n/a41
Jul ’25€200.60
€197.15
-1.7%
14.1%€256.71€116.69n/a42
Jun ’25€175.46
€188.23
+7.3%
12.2%€253.50€115.23n/a42
May ’25€162.76
€185.58
+14.0%
12.1%€233.18€116.59n/a44
Apr ’25€158.56
€186.37
+17.5%
12.3%€232.75€116.38n/a43
Mar ’25€164.46
€185.44
+12.8%
12.2%€231.05€115.53n/a43
Feb ’25€171.24
€184.31
+7.6%
12.6%€230.83€115.41n/a43
Jan ’25€175.22
€180.85
+3.2%
12.8%€227.00€105.33n/a44
Dec ’24€175.56
€180.53
+2.8%
12.2%€220.51€106.58n/a44
Nov ’24€163.26
€186.38
+14.2%
12.1%€226.78€109.61€205.1544
Oct ’24€162.58
€186.56
+14.7%
11.9%€224.74€117.05€203.7544
Sep ’24€174.96
€184.14
+5.2%
11.2%€220.92€137.15€206.4543
Aug ’24€178.78
€177.65
-0.6%
13.9%€218.52€105.62€204.5543
Jul ’24€176.18
€170.91
-3.0%
12.0%€219.94€106.30€200.6042
Jun ’24€166.92
€166.52
-0.2%
11.5%€195.17€107.81€175.4641
May ’24€152.64
€155.74
+2.0%
12.7%€191.42€105.73€162.7642
Apr ’24€150.04
€156.80
+4.5%
12.3%€194.57€107.47€158.5642
Mar ’24€136.74
€156.72
+14.6%
11.9%€195.51€108.00€164.4642
Feb ’24€130.92
€154.69
+18.2%
12.4%€193.26€108.60€171.2442
Jan ’24€120.16
€162.42
+35.2%
12.1%€197.99€111.25€175.2242
Dec ’23€140.84
€173.06
+22.9%
11.3%€208.47€121.11€175.5641
Nov ’23€152.06
€178.97
+17.7%
10.9%€212.60€123.51€163.2641

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

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