Company Valuation: Apple Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,02,990 24,38,897 26,64,542 34,63,350 37,91,126 50,17,917 - -
Change - 1.49% 9.25% 29.98% 9.46% 32.36% - -
Enterprise Value (EV) 1 23,37,193 23,89,857 26,13,531 34,13,329 37,57,363 49,52,108 49,14,817 48,82,472
Change - 2.25% 9.36% 30.6% 10.08% 31.8% -0.75% -0.66%
P/E 25.9x 24.8x 27.8x 37.5x 34.2x 38.9x 35.9x 31.7x
PBR 37.9x 47.8x 42.6x 60.5x 51.2x 48.8x 36.2x 24x
PEG - 2.78x 84.93x -45.98x 1.5x 2.1x 4.28x 2.4x
Capitalization / Revenue 6.57x 6.18x 6.95x 8.86x 9.11x 10.5x 9.52x 8.77x
EV / Revenue 6.39x 6.06x 6.82x 8.73x 9.03x 10.4x 9.32x 8.54x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 29.2x 27.4x 24.6x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 31.6x 29.5x 26.2x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 34.8x 32.2x 28.8x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 2.88% 3.11% 3.47%
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 3,65,817 3,94,328 3,83,285 3,91,035 4,16,161 4,77,741 5,27,247 5,72,048
EBITDA 1 1,20,233 1,30,541 1,25,820 1,34,661 1,44,495 1,69,697 1,79,560 1,98,837
EBIT 1 1,08,949 1,19,437 1,14,301 1,23,216 1,33,050 1,56,536 1,66,406 1,86,284
Net income 1 94,680 99,803 96,995 93,736 1,12,010 1,30,079 1,38,696 1,54,540
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -65,809 -1,03,100 -1,35,445
Reference price 2 145.37 151.76 170.43 227.79 255.46 343.83 343.83 343.83
Nbr of stocks (in thousands) 1,65,30,166 1,60,70,752 1,56,34,232 1,52,04,137 1,48,40,390 1,45,94,180 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
38.92x10.37x29.18x0.31% 5,01800Cr
5.09x1.78x2.97x5.08% 1,15100Cr
22.3x0.99x11.92x-.--% 8.41TCr
18.98x0.76x11.74x2.4% 977.44Cr
-24.33x459.05x-34.19x - 211.35Cr
4.41x0.36x1.1x1.55% 195.9Cr
Average 10.90x 78.89x 3.78x 1.87% 1,04500Cr
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.