| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
AAPL Stock Overview
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Apple Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$160.24 |
| 52 Week High | US$165.70 |
| 52 Week Low | US$116.21 |
| Beta | 1.21 |
| 1 Month Change | 6.97% |
| 3 Month Change | 5.54% |
| 1 Year Change | 34.60% |
| 3 Year Change | 246.80% |
| 5 Year Change | 487.44% |
| Change since IPO | 48,079.59% |
Recent News & Updates
Is There Now An Opportunity In Apple Inc. (NASDAQ:AAPL)?
Today we're going to take a look at the well-established Apple Inc. ( NASDAQ:AAPL ). The company's stock saw a...
Apple Stock: Is Self Service Program Good For Business Outlook?
For years Apple has resisted calls for further authorization of repair services and availability of parts. Starting in 2022 the company will introduce a Self Service Repair program. How will this affect results moving forward and is Apple still a buy near all-time highs?
Apple: Widening Its Moat
We still must question if Apple has a wide economic moat, but in the last few years the company could definitely widen its moat. Not only did Apple start paying a dividend nine years ago, but the company also reduced the number of outstanding shares with a high pace. The stock is fairly valued right now, but it is depending a lot on the growth rates Apple can achieve in the years to come.
Apple: On My Holiday List As They Could Be The First $3 Trillion Company
Apple is coming off of a record year as they generated $365.82 billion in revenue, $94.68 billion in net income and $92.95 billion in FCF. Apple's CFO indicated on the Q4 call that they are expecting to set the tone for 2022 with a record Q1 and set an all-time record in revenue. Over the past nine years, Apple has returned $604 billion to shareholders in buybacks and dividends and decreased their shares outstanding by 37.84%. Apple has trailed the S&P 500 over the past year, but I think in 2022 they will exceed expectations and outpace the S&P 500's total return.
Shareholder Returns
| AAPL | US Tech | US Market | |
|---|---|---|---|
| 7D | -0.5% | -0.3% | -0.9% |
| 1Y | 34.6% | 34.8% | 23.3% |
Return vs Industry: AAPL matched the US Tech industry which returned 34.8% over the past year.
Return vs Market: AAPL exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| AAPL volatility | |
|---|---|
| AAPL Average Weekly Movement | 2.9% |
| Tech Industry Average Movement | 9.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.3% |
Stable Share Price: AAPL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AAPL's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1977 | 154,000 | Tim Cook | https://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
| AAPL fundamental statistics | |
|---|---|
| Market Cap | US$2.63t |
| Earnings (TTM) | US$94.68b |
| Revenue (TTM) | US$365.82b |
27.8x
P/E Ratio7.2x
P/S RatioIs AAPL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AAPL income statement (TTM) | |
|---|---|
| Revenue | US$365.82b |
| Cost of Revenue | US$212.98b |
| Gross Profit | US$152.84b |
| Expenses | US$58.16b |
| Earnings | US$94.68b |
Last Reported Earnings
Sep 25, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.77 |
| Gross Margin | 41.78% |
| Net Profit Margin | 25.88% |
| Debt/Equity Ratio | 197.7% |
How did AAPL perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield15%
Payout RatioValuation
Is Apple undervalued compared to its fair value and its price relative to the market?
27.77x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AAPL ($160.24) is trading above our estimate of fair value ($112.01)
Significantly Below Fair Value: AAPL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AAPL is poor value based on its PE Ratio (27.8x) compared to the US Tech industry average (14.3x).
PE vs Market: AAPL is poor value based on its PE Ratio (27.8x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: AAPL is poor value based on its PEG Ratio (40.8x)
Price to Book Ratio
PB vs Industry: AAPL is overvalued based on its PB Ratio (41.7x) compared to the US Tech industry average (2.3x).
Future Growth
How is Apple forecast to perform in the next 1 to 3 years based on estimates from 35 analysts?
0.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AAPL's forecast earnings growth (0.7% per year) is below the savings rate (2%).
Earnings vs Market: AAPL's earnings (0.7% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: AAPL's earnings are forecast to grow, but not significantly.
Revenue vs Market: AAPL's revenue (4.4% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: AAPL's revenue (4.4% 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 (135.1%).
Past Performance
How has Apple performed over the past 5 years?
11.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAPL has high quality earnings.
Growing Profit Margin: AAPL's current net profit margins (25.9%) are higher than last year (20.9%).
Past Earnings Growth Analysis
Earnings Trend: AAPL's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: AAPL's earnings growth over the past year (64.9%) exceeds its 5-year average (11.8% per year).
Earnings vs Industry: AAPL earnings growth over the past year (64.9%) exceeded the Tech industry 61.2%.
Return on Equity
High ROE: Whilst AAPL's Return on Equity (150.07%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Apple's financial position?
Financial Position Analysis
Short Term Liabilities: AAPL's short term assets ($134.8B) exceed its short term liabilities ($125.5B).
Long Term Liabilities: AAPL's short term assets ($134.8B) do not cover its long term liabilities ($162.4B).
Debt to Equity History and Analysis
Debt Level: AAPL's net debt to equity ratio (98.4%) is considered high.
Reducing Debt: AAPL's debt to equity ratio has increased from 67.8% to 197.7% over the past 5 years.
Debt Coverage: AAPL's debt is well covered by operating cash flow (83.4%).
Interest Coverage: AAPL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Apple current dividend yield, its reliability and sustainability?
0.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AAPL's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: AAPL's dividend (0.55%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: AAPL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: AAPL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: AAPL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAPL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Tim Cook (60 yo)
10.25yrs
Tenure
US$14,769,259
Compensation
Mr. Timothy D. Cook, also known as Tim, has been the Chief Executive Officer of Apple Inc. since August 24, 2011. Mr. Cook served as the Chief Operating Officer of Apple Inc., from October 14, 2005 to Augu...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD14.77M) is above average for companies of similar size in the US market ($USD11.14M).
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 considered experienced (4.3 years average tenure).
Board Members
Experienced Board: AAPL's board of directors are seasoned and experienced ( 10.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AAPL insiders have only sold shares 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: NasdaqGS
- Founded: 1977
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$2.629t
- Shares outstanding: 16.41b
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/30 00:09 |
| End of Day Share Price | 2021/11/29 00:00 |
| Earnings | 2021/09/25 |
| Annual Earnings | 2021/09/25 |
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.