Fundamentals AAPL (NASDAQ) - Apple Inc
VR Fundamental Rating 5.94
| VR Piotroski Score | 7.00 |
| Altman-Z Score | 7.03 |
| Tobins Q Ratio | 10.01 |
| Tax Rate | 15.79% |
| Free-Cash-Flow Yield | 4.18% |
| Free-Cash-Flow Margin | 25.16% |
| Net Margin | 24.56% |
| Gross Margin | 43.06% |
| Debt / Equity | 1.96 |
| Debt / EBITDA | 0.71 |
| Debt / Free-Cash Flow | 0.88 |
| Interest Expense / Debt | 2.92% |
| RoE Return on Equity | 167.77% |
| RoCE Return on Cap. Employed | 55.25% |
| RoA Return on Assets | 27.45% |
| RoIC Return on Inv. Cap. | 53.09% |
| Analysts Rating | 4.25 |
| Analysts Target Price (is above last close by |
168.21 USD 6.9%) |
VR Piotroski 7.00
1 - Yes: Net Income TTM (95171.0m) > 10m and > 3% of Revenue TTM (3% = 11626.11m)
2 - No: FCF TTM (97498.0m) > 1m and > FCF prev (98%) (99815.94m)
3 - Yes: RoA TTM 27.45% (Net Income TTM 95171.0m / Total Assets 346747.0m) >3% and > RoA prev (98%) 24.34% (94680.0m / 381191.0m)
4 - Yes: Total Cash from Operating Activities TTM 109190.0m > 1m and > Net Income TTM 95171.0m
5 - Yes: Net Debt (debt 111110.0m - cce 20535.0m) to EBITDA TTM (127045.0m) ratio: 0.71 < 3.5
6 - No: Current Ratio 0.88 (Total Current Assets 135405.0m / Total Current Liabilities 153982.0m) >= 1 and > Current Ratio prev (98%) 1.07 (134836.0m / 125481.0m)
7 - Yes: Shares Outstanding last quarter 15955.72m < quarter 12m ago 16519.29m
8 - Yes: Gross Margin 43.1% (Total Revenue 387537.0m - Cost Of Revenue 220666.0m / Total Revenue) > 20% and > Gross Margin prev (98%) 42.2%
9 - Yes: Asset Turnover 1.12 (Total Revenue 387537.0m / Total Assets 346747.0m) > Asset Turnover prev (98%) 0.97 (378323.0m / 381191.0m)
2 - No: FCF TTM (97498.0m) > 1m and > FCF prev (98%) (99815.94m)
3 - Yes: RoA TTM 27.45% (Net Income TTM 95171.0m / Total Assets 346747.0m) >3% and > RoA prev (98%) 24.34% (94680.0m / 381191.0m)
4 - Yes: Total Cash from Operating Activities TTM 109190.0m > 1m and > Net Income TTM 95171.0m
5 - Yes: Net Debt (debt 111110.0m - cce 20535.0m) to EBITDA TTM (127045.0m) ratio: 0.71 < 3.5
6 - No: Current Ratio 0.88 (Total Current Assets 135405.0m / Total Current Liabilities 153982.0m) >= 1 and > Current Ratio prev (98%) 1.07 (134836.0m / 125481.0m)
7 - Yes: Shares Outstanding last quarter 15955.72m < quarter 12m ago 16519.29m
8 - Yes: Gross Margin 43.1% (Total Revenue 387537.0m - Cost Of Revenue 220666.0m / Total Revenue) > 20% and > Gross Margin prev (98%) 42.2%
9 - Yes: Asset Turnover 1.12 (Total Revenue 387537.0m / Total Assets 346747.0m) > Asset Turnover prev (98%) 0.97 (378323.0m / 381191.0m)
Altman-Z 7.03
A = -0.025 = (Total Current Assets 128777.0m - Total Current Liabilities 137286.0m) / Total Assets 346747.0m
B = 0.009 = Retained Earnings 3240.0m / Total Assets 346747.0m
C = 0.334 = EBIT TTM 115722.0m / Total Assets 346747.0m
D = 8.042 = Market Cap 2332306.18m / Total Liabilities 290020.0m
E = 1.118 = Revenue TTM 387537.0m / Total Assets 346747.0m
7.028 = (1.2 * A) + (1.4 * B) + (3.3 * C) + (0.6 * D) + (1.0 * E)
B = 0.009 = Retained Earnings 3240.0m / Total Assets 346747.0m
C = 0.334 = EBIT TTM 115722.0m / Total Assets 346747.0m
D = 8.042 = Market Cap 2332306.18m / Total Liabilities 290020.0m
E = 1.118 = Revenue TTM 387537.0m / Total Assets 346747.0m
7.028 = (1.2 * A) + (1.4 * B) + (3.3 * C) + (0.6 * D) + (1.0 * E)
Current Fundamental Values
Market Cap = 2332306.18m USD
Market Cap in USD = 2332306.18m (2332306.18m USD * 1 USDUSD)
Debt = 111110.0m (short 11483.0m + long 99627.0m) last quarter
CCE = 20535.0m last quarter
Enterprise Value = 2422881.18m (Market Cap 2332306.18m + Debt 111110.0m - CCE 20535.0m)
FCF Yield = 4.18% (FCF TTM 97498.0m / Market Cap 2332306.18m)
FCF Margin = 25.16% (FCF TTM 97498.0m / Revenue TTM 387537.0m)
Net Margin = 24.56% (Net Income TTM 95171.0m / Revenue TTM 387537.0m)
Gross Margin = 43.06% ((Revenue TTM 387537.0m - Cost of Revenue TTM 220666.0m) / Revenue TTM 387537.0m)
Tobins Q-Ratio = 10.014 (Market Cap 2332306.18m / Book Value Of Equity 232905.0m
Interest Expense / Debt = 2.92% (Interest Expense TTM 3240m / Debt 111110.0m)
taxrate = 15.79% last quarter (Income Tax Expense 5625.0m / Income Before Tax 35623.0m)
nopat = 95969.52m (Operating Income TTM 113965.0m * (1 - taxrate 0.16))
WACC = 10.09% ((Market Cap 2332306.18m / Enterprise Value 2422881.18m) * CAPM 0.1) + (Debt 111110.0m / Enterprise Value 2422881.18m) * x
Market Cap in USD = 2332306.18m (2332306.18m USD * 1 USDUSD)
Debt = 111110.0m (short 11483.0m + long 99627.0m) last quarter
CCE = 20535.0m last quarter
Enterprise Value = 2422881.18m (Market Cap 2332306.18m + Debt 111110.0m - CCE 20535.0m)
FCF Yield = 4.18% (FCF TTM 97498.0m / Market Cap 2332306.18m)
FCF Margin = 25.16% (FCF TTM 97498.0m / Revenue TTM 387537.0m)
Net Margin = 24.56% (Net Income TTM 95171.0m / Revenue TTM 387537.0m)
Gross Margin = 43.06% ((Revenue TTM 387537.0m - Cost of Revenue TTM 220666.0m) / Revenue TTM 387537.0m)
Tobins Q-Ratio = 10.014 (Market Cap 2332306.18m / Book Value Of Equity 232905.0m
Interest Expense / Debt = 2.92% (Interest Expense TTM 3240m / Debt 111110.0m)
taxrate = 15.79% last quarter (Income Tax Expense 5625.0m / Income Before Tax 35623.0m)
nopat = 95969.52m (Operating Income TTM 113965.0m * (1 - taxrate 0.16))
WACC = 10.09% ((Market Cap 2332306.18m / Enterprise Value 2422881.18m) * CAPM 0.1) + (Debt 111110.0m / Enterprise Value 2422881.18m) * x