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 50,20,252 - -
Change - 1.49% 9.25% 29.98% 9.46% 32.42% - -
Enterprise Value (EV) 1 23,37,193 23,89,857 26,13,531 34,13,329 37,57,363 49,54,248 49,16,917 48,84,276
Change - 2.25% 9.36% 30.6% 10.08% 31.85% -0.75% -0.66%
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 50.2x 37x 24.3x
PEG - 2.78x 84.93x -45.98x 1.5x 2.2x 4.32x 2.5x
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 9.33x 8.54x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 29.2x 27.3x 24.6x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 31.7x 29.5x 26.2x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 34.6x 32.2x 28.8x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 2.89% 3.11% 3.47%
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% 0.32% 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 3,65,817 3,94,328 3,83,285 3,91,035 4,16,161 4,77,621 5,27,258 5,72,157
EBITDA 1 1,20,233 1,30,541 1,25,820 1,34,661 1,44,495 1,69,461 1,79,915 1,98,922
EBIT 1 1,08,949 1,19,437 1,14,301 1,23,216 1,33,050 1,56,398 1,66,619 1,86,347
Net income 1 94,680 99,803 96,995 93,736 1,12,010 1,29,945 1,38,809 1,54,591
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -66,003 -1,03,335 -1,35,976
Reference price 2 145.37 151.76 170.43 227.79 255.46 348.22 348.22 348.22
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39x10.37x29.24x0.31% 5,02000Cr
4.68x1.61x2.68x5.5% 1,07500Cr
23.36x1.05x12.63x-.--% 8.79TCr
19.37x0.78x12.02x2.35% 995.54Cr
4.96x0.45x1.36x1.38% 219.64Cr
-18.62x338.96x-25.24x - 161.76Cr
Average 12.12x 58.87x 5.45x 1.91% 1,03300Cr
Weighted average by Cap. 32.77x 8.79x 24.34x 1.21%

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.