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 47,96,744 - -
Change - 1.49% 9.25% 29.98% 9.46% 26.53% - -
Enterprise Value (EV) 1 23,37,193 23,89,857 26,13,531 34,13,329 37,57,363 47,26,336 46,97,113 46,55,942
Change - 2.25% 9.36% 30.6% 10.08% 25.79% -0.62% -0.88%
P/E 25.9x 24.8x 27.8x 37.5x 34.2x 37.2x 33.6x 29.8x
PBR 37.9x 47.8x 42.6x 60.5x 51.2x 45.3x 32.8x 21x
PEG - 2.78x 84.93x -45.98x 1.5x 2.1x 3.1x 2.3x
Capitalization / Revenue 6.57x 6.18x 6.95x 8.86x 9.11x 10x 9.17x 8.51x
EV / Revenue 6.39x 6.06x 6.82x 8.73x 9.03x 9.87x 8.98x 8.26x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 28x 25.6x 23.1x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 30.4x 28x 24.9x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 33.5x 30.7x 27.8x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 2.98% 3.26% 3.59%
Dividend per Share 2 0.85 0.9 0.94 0.98 1.02 1.071 1.118 1.17
Rate of return 0.58% 0.59% 0.55% 0.43% 0.4% 0.33% 0.34% 0.36%
EPS 2 5.61 6.11 6.13 6.08 7.46 8.768 9.711 10.96
Distribution rate 15.2% 14.7% 15.3% 16.1% 13.7% 12.2% 11.5% 10.7%
Net sales 1 3,65,817 3,94,328 3,83,285 3,91,035 4,16,161 4,78,715 5,22,950 5,63,986
EBITDA 1 1,20,233 1,30,541 1,25,820 1,34,661 1,44,495 1,68,783 1,83,170 2,01,162
EBIT 1 1,08,949 1,19,437 1,14,301 1,23,216 1,33,050 1,55,517 1,68,022 1,86,939
Net income 1 94,680 99,803 96,995 93,736 1,12,010 1,28,963 1,40,216 1,55,542
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -70,407 -99,630 -1,40,801
Reference price 2 145.37 151.76 170.43 227.79 255.46 326.59 326.59 326.59
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 1,46,87,356 - -
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.($)
38.07x10.09x28.62x0.32% 4,90200Cr
23.21x0.94x11.61x-.--% 8.81TCr
22.01x0.85x15.73x2.39% 1.06TCr
8.08x1.63x2.95x0.84% 344.43Cr
Average 22.84x 3.38x 14.73x 0.89% 1,25100Cr
Weighted average by Cap. 37.75x 9.91x 28.28x 0.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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