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 5,092,055 - -
Change - 1.49% 9.25% 29.98% 9.46% 34.32% - -
Enterprise Value (EV) 1 2,337,193 2,389,857 2,613,531 3,413,329 3,757,363 5,026,247 4,988,955 4,956,611
Change - 2.25% 9.36% 30.6% 10.08% 33.77% -0.74% -0.65%
P/E 25.9x 24.8x 27.8x 37.5x 34.2x 39.5x 36.4x 32.2x
PBR 37.9x 47.8x 42.6x 60.5x 51.2x 49.5x 36.7x 24.4x
PEG - 2.78x 84.93x -45.98x 1.5x 2.1x 4.34x 2.4x
Capitalization / Revenue 6.57x 6.18x 6.95x 8.86x 9.11x 10.7x 9.66x 8.91x
EV / Revenue 6.39x 6.06x 6.82x 8.73x 9.03x 10.5x 9.46x 8.67x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 29.6x 27.8x 24.9x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 32.1x 30x 26.6x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 35.3x 32.7x 29.2x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 2.83% 3.06% 3.42%
Dividend per Share 2 0.85 0.9 0.94 0.98 1.02 1.07 1.115 1.169
Rate of return 0.58% 0.59% 0.55% 0.43% 0.4% 0.31% 0.32% 0.34%
EPS 2 5.61 6.11 6.13 6.08 7.46 8.835 9.576 10.84
Distribution rate 15.2% 14.7% 15.3% 16.1% 13.7% 12.1% 11.6% 10.8%
Net sales 1 365,817 394,328 383,285 391,035 416,161 477,741 527,247 571,651
EBITDA 1 120,233 130,541 125,820 134,661 144,495 169,697 179,560 198,837
EBIT 1 108,949 119,437 114,301 123,216 133,050 156,513 166,406 186,080
Net income 1 94,680 99,803 96,995 93,736 112,010 130,079 138,696 154,540
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -65,809 -103,100 -135,445
Reference price 2 145.37 151.76 170.43 227.79 255.46 348.91 348.91 348.91
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 28/10/21 27/10/22 02/11/23 31/10/24 30/10/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.92x10.37x29.18x0.31% 5,018B
5.09x1.78x2.97x5.08% 1,151B
22.3x0.99x11.92x-.--% 84.12B
18.98x0.76x11.74x2.4% 9.77B
-24.33x459.05x-34.19x - 2.11B
4.41x0.36x1.1x1.55% 1.96B
Average 10.90x 78.89x 3.78x 1.87% 1,045B
Weighted average by Cap. 32.42x 8.80x 24.08x 1.19%

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.