Company Valuation: Apple Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 2,422,987 2,688,463 3,459,245 3,791,126 4,977,637 5,177,380 - -
Change - 10.96% 28.67% 9.59% 31.3% 4.01% - -
Enterprise Value (EV) 1 2,373,947 2,637,452 3,409,224 3,757,363 4,920,813 5,087,709 5,047,310 4,978,753
Change - 11.1% 29.26% 10.21% 30.96% 3.39% -0.79% -1.36%
P/E 24.7x 28.1x 37.4x 34.2x 38x 37.8x 33.6x 30.1x
PBR 47.4x 43x 60.4x 51.2x 44.8x 36.6x 27.3x 21.1x
PEG - 85.85x -45.85x 1.5x 1.9x 7.55x 2.7x 2.5x
Capitalization / Revenue 6.14x 7.01x 8.85x 9.11x 10.4x 9.8x 9.07x 8.53x
EV / Revenue 6.02x 6.88x 8.72x 9.03x 10.3x 9.63x 8.84x 8.2x
EV / EBITDA 18.2x 21x 25.3x 26x 28.7x 28.6x 25.9x 23.6x
EV / EBIT 19.9x 23.1x 27.7x 28.2x 31.1x 31.1x 27.9x 25.5x
EV / FCF 21.3x 26.5x 31.3x 38x 36.2x 33.9x 30.2x 26.9x
FCF Yield 4.69% 3.78% 3.19% 2.63% 2.76% 2.95% 3.31% 3.72%
Dividend per Share 2 0.9 0.94 0.98 1.02 - 1.112 1.161 1.264
Rate of return 0.6% 0.55% 0.43% 0.4% - 0.31% 0.33% 0.35%
EPS 2 6.11 6.13 6.08 7.46 8.98 9.429 10.6 11.85
Distribution rate 14.7% 15.3% 16.1% 13.7% - 11.8% 11% 10.7%
Net sales 1 394,328 383,285 391,035 416,161 478,834 528,253 571,043 607,228
EBITDA 1 130,541 125,820 134,661 144,495 171,486 178,107 195,149 210,847
EBIT 1 119,437 114,301 123,216 133,050 158,063 163,387 180,748 195,285
Net income 1 99,803 96,995 93,736 112,010 132,175 136,329 150,483 162,949
Net Debt 1 -49,040 -51,011 -50,021 -33,763 -56,824 -89,671 -130,070 -198,627
Reference price 2 150.77 171.96 227.52 255.46 341.07 356.27 356.27 356.27
Nbr of stocks (in thousands) 16,070,752 15,634,232 15,204,137 14,840,390 14,594,180 14,532,182 - -
Announcement Date 10/27/22 11/2/23 10/31/24 10/30/25 11/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
37.78x9.63x28.57x0.31% 5,177B
4.31x1.49x2.47x5.29% 991B
26.31x1.16x14.19x-.--% 94.61B
20.99x0.96x14.61x2.14% 11.09B
4.78x0.42x1.27x1.43% 2.12B
-15.32x238.4x-23.62x - 1.48B
Average 13.14x 42.01x 6.25x 1.83% 1,046B
Weighted average by Cap. 32.27x 8.25x 24.18x 1.1%

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.