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 47,45,006 - -
Change - 1.49% 9.25% 29.98% 9.46% 25.16% - -
Enterprise Value (EV) 1 23,37,193 23,89,857 26,13,531 34,13,329 37,57,363 46,77,405 46,38,338 46,05,474
Change - 2.25% 9.36% 30.6% 10.08% 24.49% -0.84% -0.71%
P/E 25.9x 24.8x 27.8x 37.5x 34.2x 36.9x 34.1x 30.3x
PBR 37.9x 47.8x 42.6x 60.5x 51.2x 47.2x 33.7x 21.5x
PEG - 2.78x 84.93x -45.98x 1.5x 2x 4.17x 2.4x
Capitalization / Revenue 6.57x 6.18x 6.95x 8.86x 9.11x 9.93x 9.03x 8.37x
EV / Revenue 6.39x 6.06x 6.82x 8.73x 9.03x 9.79x 8.83x 8.13x
EV / EBITDA 19.4x 18.3x 20.8x 25.3x 26x 27.6x 25.9x 23.3x
EV / EBIT 21.5x 20x 22.9x 27.7x 28.2x 29.9x 28x 24.9x
EV / FCF 25.1x 21.4x 26.2x 31.4x 38x 32.4x 30.3x 27.3x
FCF Yield 3.98% 4.66% 3.81% 3.19% 2.63% 3.09% 3.3% 3.66%
Dividend per Share 2 0.85 0.9 0.94 0.98 1.02 1.069 1.115 1.169
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 8.812 9.533 10.72
Distribution rate 15.2% 14.7% 15.3% 16.1% 13.7% 12.1% 11.7% 10.9%
Net sales 1 3,65,817 3,94,328 3,83,285 3,91,035 4,16,161 4,77,693 5,25,248 5,66,731
EBITDA 1 1,20,233 1,30,541 1,25,820 1,34,661 1,44,495 1,69,548 1,79,231 1,97,575
EBIT 1 1,08,949 1,19,437 1,14,301 1,23,216 1,33,050 1,56,312 1,65,581 1,84,994
Net income 1 94,680 99,803 96,995 93,736 1,12,010 1,29,938 1,38,191 1,53,408
Net Debt 1 -65,797 -49,040 -51,011 -50,021 -33,763 -67,600 -1,06,668 -1,39,532
Reference price 2 145.37 151.76 170.43 227.79 255.46 325.13 325.13 325.13
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.($)
36.89x9.79x27.59x0.33% 4,74500Cr
24.21x1.1x13.32x-.--% 9.05TCr
20.05x0.76x12.03x2.28% 996.63Cr
7.85x1.54x2.78x0.87% 345.56Cr
Average 22.25x 3.30x 13.93x 0.87% 1,21200Cr
Weighted average by Cap. 36.60x 9.61x 27.27x 0.33%

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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  2. Stocks
  3. AAPL Stock
  4. Valuation Apple Inc.