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 49,37,503 - -
Change - 1.49% 9.25% 29.98% 9.46% 30.24% - -
Enterprise Value (EV) 1 23,37,193 23,89,857 26,13,531 34,13,329 37,57,363 49,20,813 48,47,621 48,06,928
Change - 2.25% 9.36% 30.6% 10.08% 30.96% -0.49% -0.84%
P/E 25.9x 24.8x 27.8x 37.5x 34.2x 38x 35.3x 31.3x
PBR 37.9x 47.8x 42.6x 60.5x 51.2x 44.8x 32.2x 24x
PEG - 2.78x 84.93x -45.98x 1.5x 1.9x 5.66x 2.4x
Capitalization / Revenue 6.57x 6.18x 6.95x 8.86x 9.11x 10.4x 9.41x 8.66x
EV / Revenue 6.39x 6.06x 6.82x 8.73x 9.03x 10.3x 9.24x 8.43x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 28.7x 27.6x 24.7x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 31.1x 29.7x 26.5x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 36.2x 32.5x 29.2x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 2.76% 3.07% 3.43%
Dividend per Share 2 0.85 0.9 0.94 0.98 1.02 1.07 1.115 1.17
Rate of return 0.58% 0.59% 0.55% 0.43% 0.4% 0.32% 0.34% 0.35%
EPS 2 5.61 6.11 6.13 6.08 7.46 8.98 9.389 10.6
Distribution rate 15.2% 14.7% 15.3% 16.1% 13.7% 12.1% 11.9% 11%
Net sales 1 3,65,817 3,94,328 3,83,285 3,91,035 4,16,161 4,78,834 5,24,880 5,70,389
EBITDA 1 1,20,233 1,30,541 1,25,820 1,34,661 1,44,495 1,71,486 1,75,865 1,94,433
EBIT 1 1,08,949 1,19,437 1,14,301 1,23,216 1,33,050 1,58,063 1,63,185 1,81,355
Net income 1 94,680 99,803 96,995 93,736 1,12,010 1,32,175 1,35,359 1,51,084
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -56,824 -89,882 -1,30,575
Reference price 2 145.37 151.76 170.43 227.79 255.46 331.72 331.72 331.72
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 02/11/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.28x10.2x28.73x0.32% 4,93800Cr
4.98x1.68x2.76x4.74% 1,08700Cr
25.09x1.12x13.41x-.--% 9.21TCr
19.59x0.88x13.41x2.3% 1.03TCr
4.99x0.45x1.38x1.37% 221.83Cr
-18.68x340.19x-25.34x - 162.27Cr
27.64x5.5x20.98x0.33% 131.79Cr
Average 14.56x 51.43x 7.90x 1.51% 87.61TCr
Weighted average by Cap. 32.12x 8.62x 23.85x 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.
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