Company Valuation: Apple Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,402,990 2,438,897 2,664,542 3,463,350 3,791,126 4,954,724 - -
Change - 1.49% 9.25% 29.98% 9.46% 30.69% - -
Enterprise Value (EV) 1 2,337,193 2,389,857 2,613,531 3,413,329 3,757,363 4,888,668 4,851,224 4,818,749
Change - 2.25% 9.36% 30.6% 10.08% 30.11% -0.77% -0.67%
P/E 25.9x 24.8x 27.8x 37.5x 34.2x 38.5x 35.5x 31.4x
PBR 37.9x 47.8x 42.6x 60.5x 51.2x 48.9x 36x 23.7x
PEG - 2.78x 84.93x -45.98x 1.5x 2.1x 4.21x 2.4x
Capitalization / Revenue 6.57x 6.18x 6.95x 8.86x 9.11x 10.4x 9.4x 8.66x
EV / Revenue 6.39x 6.06x 6.82x 8.73x 9.03x 10.2x 9.2x 8.42x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 28.8x 27x 24.2x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 31.3x 29.1x 25.9x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 34.1x 31.8x 28.4x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 2.93% 3.15% 3.52%
Dividend per Share 2 0.85 0.9 0.94 0.98 1.02 1.069 1.114 1.169
Rate of return 0.58% 0.59% 0.55% 0.43% 0.4% 0.31% 0.33% 0.34%
EPS 2 5.61 6.11 6.13 6.08 7.46 8.82 9.563 10.81
Distribution rate 15.2% 14.7% 15.3% 16.1% 13.7% 12.1% 11.7% 10.8%
Net sales 1 365,817 394,328 383,285 391,035 416,161 477,627 527,288 572,092
EBITDA 1 120,233 130,541 125,820 134,661 144,495 169,461 179,915 198,904
EBIT 1 108,949 119,437 114,301 123,216 133,050 156,398 166,619 186,333
Net income 1 94,680 99,803 96,995 93,736 112,010 129,945 138,809 154,580
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -66,057 -103,500 -135,976
Reference price 2 145.37 151.76 170.43 227.79 255.46 339.50 339.50 339.50
Nbr of stocks (in thousands) 16,530,166 16,070,752 15,634,232 15,204,137 14,840,390 14,594,180 - -
Announcement Date 10/28/21 10/27/22 11/2/23 10/31/24 10/30/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.88x10.33x29.14x0.31% 5,005B
4.57x1.57x2.6x5.64% 1,047B
23.27x1.05x12.58x-.--% 87.43B
17.74x0.71x10.86x2.56% 9.14B
5.52x0.54x1.64x1.24% 2.44B
-18.58x338.14x-25.18x - 1.61B
Average 11.90x 58.72x 5.27x 1.95% 1,025B
Weighted average by Cap. 32.76x 8.77x 24.34x 1.22%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Apple Inc.

Historical PBR trend

Valuation ratios - PBR - Apple Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Apple Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Apple Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Apple Inc.