Apple Fundamentals

AAPL
 Stock
  

USD 172.10  1.09  0.63%   

Apple Inc fundamentals help investors to digest information that contributes to Apple's financial success or failures. It also enables traders to predict the movement of Apple Stock. The fundamental analysis module provides a way to measure Apple's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Apple stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Apple Net Income is relatively stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 54.84 Billion. Net Income Common Stock is expected to hike to about 54.8 B this year, although the value of Weighted Average Shares will most likely fall to nearly 20.2 B.

Apple Return On Equity Analysis

Apple's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
 2011 2016 2021 2022 (projected)
Share Based Compensation4.21 B7.91 B4.84 B5.01 B
Net Cash Flow from Operations66.23 B104.04 B64.22 B73.01 B
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
More About Return On Equity | All Equity Analysis

Current Apple Return On Equity

    
  162.82 %  
Most of Apple's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Apple Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Apple Return On Equity Historical Pattern

Today, most investors in Apple Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Apple's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Apple return on equity as a starting point in their analysis.
   Apple Return On Equity   
Share
       Timeline  
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Compare to competition

Apple Shareholders Equity

Shareholders Equity

114.1 Billion

Apple Shareholders Equity is relatively stable at the moment as compared to the past year. The company's current value of Shareholders Equity is estimated at 114.1 Billion
Based on the latest financial disclosure, Apple Inc has a Return On Equity of 162%. This is 1453.45% lower than that of the Technology sector and notably higher than that of the Consumer Electronics industry. The return on equity for all United States stocks is notably lower than that of the firm.

Apple Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Apple's current stock value. Our valuation model uses many indicators to compare Apple value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Apple competition to find correlations between indicators driving Apple's intrinsic value. More Info.
Apple Inc is number one stock in book value per share category among related companies. It is number one stock in price to earnings to growth category among related companies producing about  0.78  of Price to Earnings To Growth per Book Value Per Share. The ratio of Book Value Per Share to Price to Earnings To Growth for Apple Inc is roughly  1.28 . Apple Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 6.12. Comparative valuation analysis is a catch-all model that can be used if you cannot value Apple by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Apple's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Apple's earnings, one of the primary drivers of an investment's value.

Apple Debt to Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Apple's direct or indirect competition against its Debt to Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Apple could also be used in its relative valuation, which is a method of valuing Apple by comparing valuation metrics of similar companies.
Apple is currently under evaluation in debt to equity category among related companies.

Apple ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Apple's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Apple's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Apple Fundamentals

About Apple Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Apple Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apple using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apple Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Deferred Revenue10.4 B9.1 B
Cost of Revenue141 B152.7 B
Revenues229.2 B250.3 B
Revenue to Assets 0.61  0.79 
Revenue Per Employee1.8 M1.8 M
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 154000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Apple without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Apple

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.

Moving together with Apple

0.8ABSTAbsolute Software Earnings Call  This WeekPairCorr
0.79ACNAccenture Plc Fiscal Year End 22nd of September 2022 PairCorr

Moving against Apple

0.7VZVerizon Communications TrendingPairCorr
0.64AVCTAmerican Virtual Cloud Earnings Call  TomorrowPairCorr
The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Apple Piotroski F Score and Apple Altman Z Score analysis. Note that the Apple Inc information on this page should be used as a complementary analysis to other Apple's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Apple Inc price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.077
Market Capitalization
2765.8 B
Quarterly Revenue Growth YOY
0.019
Return On Assets
0.22
Return On Equity
1.63
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine Apple value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.