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Apple Inc. (AAPL : NMS)
Sector: Technology | Industry: Consumer Electronics
$309.35
-1.95 (-0.63%)
MARKET CAP
$4.51T
FCF YIELD
2.39%
CURRENT PRICE
$309.35
P/E RATIO
35.48x
MODEL INPUTS
Base Year FCF (in Millions)
Intrinsic Fair Value
$328.05
per share
5-YEAR FREE CASH FLOW PROJECTIONS
Year Projected FCF Discount Factor (WACC) Present Value (PV)
Base (0) $107.72B - -
Year 1 $138.64B at 28.7% growth $127.19B
Year 2 $178.43B at 28.7% growth $150.18B
Year 3 $229.64B at 28.7% growth $177.32B
Year 4 $295.54B at 28.7% growth $209.37B
Year 5 $380.36B at 28.7% growth $247.21B
VALUATION ARITHMETIC
Valuation Step Value
PV of Projected FCFs (Sum Y1-Y5) $911.27B
Terminal Value (Perpetuity at 2.5%) $6.00T
PV of Terminal Value $3.90T
Enterprise Value (EV) $4.81T
Less: Total Debt -$84.34B
Add: Total Cash & Equivalents +$62.40B
Equity Value $4.79T
Divided by: Shares Outstanding 14,594,180,000.00
Intrinsic Value (Fair Value per Share) $328.05
FINANCIAL RATIOS & STATS
Financial Metric Value
Trailing P/E 35.48x
Forward P/E 32.43x
Price-to-Book (P/B) 42.03x
Price-to-Sales (P/S) 9.67x
Net Profit Margin (Net Income / Revenue) 27.62%
Operating Profit Margin (EBIT / Revenue) 32.62%
Return on Equity (ROE) 148.75%
Return on Assets (ROA) 27.08%
Dividend Rate $1.08
Dividend Yield 0.35%
Ex-Dividend Date 2026-08-10
Next Earnings Date 2026-07-30