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| AAPLStock | USD172.752.021.18% |
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.
Apple | Shares Owned by Insiders Short Term Coverage Ratios Price Earnings Ratio Price To Sales Ratio Dividend Yield Operating Cycle Price Book Value Ratio Price Earnings To Growth Ratio Days Of Payables Outstanding Operating Cash Flow Per Share Price To Operating Cash Flows Ratio Free Cash Flow Per Share Price To Free Cash Flows Ratio Pretax Profit Margin Inventory Turnover Ebt Per Ebit Payables Turnover Operating Profit Margin Effective Tax Rate Company Equity Multiplier Long Term Debt To Capitalization Cash Per Share Total Debt To Capitalization Interest Coverage Return On Capital Employed Debt Equity Ratio Ebit Per Revenue Quick Ratio Dividend Paid And Capex Coverage Ratio Net Income Per E B T Cash Ratio Cash Conversion Cycle Operating Cash Flow Sales Ratio Days Of Inventory Outstanding Days Of Sales Outstanding Free Cash Flow Operating Cash Flow Ratio Cash Flow Coverage Ratios Price To Book Ratio Current Ratio Fixed Asset Turnover Capital Expenditure Coverage Ratio Price Cash Flow Ratio Enterprise Value Multiple Debt Ratio Cash Flow To Debt Ratio Price Sales Ratio Return On Assets Receivables Turnover Asset Turnover Net Profit Margin Gross Profit Margin Price Fair Value Return On Equity Sale Purchase Of Stock Change To Inventory Change In Cash Free Cash Flow Change In Working Capital Begin Period Cash Flow Other Cashflows From Financing Activities Depreciation Other Non Cash Items Dividends Paid Capital Expenditures Cash And Cash Equivalents Changes Total Cash From Operating Activities Net Income Total Cash From Financing Activities End Period Cash Flow Change To Account Receivables Change To Liabilities Total Cashflows From Investing Activities Stock Based Compensation Other Cashflows From Investing Activities Investments Change Receivables Cash Flows Other Operating Change To Netincome Net Borrowings Change To Operating Activities Issuance Of Capital Stock Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Property Plant And Equipment Net Net Debt Retained Earnings Cash Non Current Assets Total Non Currrent Assets Other Cash And Short Term Investments Net Receivables Common Stock Shares Outstanding Liabilities And Stockholders Equity Non Current Liabilities Total Inventory Other Current Assets Other Stockholder Equity Total Liab Total Current Assets Accumulated Other Comprehensive Income Cash And Equivalents Property Plant Equipment Short Long Term Debt Total Short Term Debt Accounts Payable Property Plant And Equipment Gross Accumulated Depreciation Common Stock Total Equity Short Term Investments Common Stock Other Assets Long Term Debt Current Deferred Revenue Good Will Intangible Assets Other Liab Net Tangible Assets Retained Earnings Total Equity Deferred Long Term Liab Long Term Investments Non Current Liabilities Other Long Term Debt Total Short Long Term Debt Net Invested Capital Net Working Capital Capital Stock Capital Surpluse Depreciation And Amortization Interest Expense Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income Ebit Ebitda Cost Of Revenue Total Operating Expenses Income Before Tax Total Other Income Expense Net Income Tax Expense Research Development Net Income Applicable To Common Shares Extraordinary Items Net Income From Continuing Ops Non Operating Income Net Other Tax Provision Net Interest Income Interest Income Reconciled Depreciation Probability Of Bankruptcy |
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 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 Institutional Holders
Institutional Holdings refers to the ownership stake in Apple that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Apple's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Apple's value.
| Shares | Legal & General Group Plc | 2023-12-31 | 138.5M | Jpmorgan Chase & Co | 2023-12-31 | 137.5M | Bank Of New York Mellon Corp | 2023-12-31 | 118.8M | Bank Of America Corp | 2023-12-31 | 112M | Charles Schwab Investment Management Inc | 2023-12-31 | 85M | Nuveen Asset Management, Llc | 2023-12-31 | 80M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 75.1M | Royal Bank Of Canada | 2023-12-31 | 62.7M | Wellington Management Company Llp | 2023-12-31 | 60.7M | Vanguard Group Inc | 2023-12-31 | 1.3B | Blackrock Inc | 2023-12-31 | 1B |
Apple Fundamentals
| Return On Equity | 1.54 | ||||
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 2.67 T | ||||
| Shares Outstanding | 15.44 B | ||||
| Shares Owned By Insiders | 5.93 % | ||||
| Shares Owned By Institutions | 56.60 % | ||||
| Number Of Shares Shorted | 97.67 M | ||||
| Price To Earning | 24.24 X | ||||
| Price To Book | 35.58 X | ||||
| Price To Sales | 6.84 X | ||||
| Revenue | 383.29 B | ||||
| Gross Profit | 170.78 B | ||||
| EBITDA | 125.82 B | ||||
| Net Income | 97 B | ||||
| Cash And Equivalents | 29.96 B | ||||
| Cash Per Share | 3.04 X | ||||
| Total Debt | 111.09 B | ||||
| Debt To Equity | 2.61 % | ||||
| Current Ratio | 0.88 X | ||||
| Book Value Per Share | 4.79 X | ||||
| Cash Flow From Operations | 110.54 B | ||||
| Short Ratio | 1.71 X | ||||
| Earnings Per Share | 6.44 X | ||||
| Price To Earnings To Growth | 2.10 X | ||||
| Target Price | 201.41 | ||||
| Number Of Employees | 161 K | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 2.64 T | ||||
| Total Asset | 352.58 B | ||||
| Retained Earnings | (214 M) | ||||
| Working Capital | (1.74 B) | ||||
| Current Asset | 106.87 B | ||||
| Current Liabilities | 79.01 B | ||||
| Z Score | 16.5 | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.00 % | ||||
| Net Asset | 352.58 B | ||||
| Last Dividend Paid | 0.95 |
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.
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 164000 people.
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 Stock
| 0.76 | MITQ | Moving IMage Technologies | PairCorr |
Moving against Apple Stock
| 0.7 | GLW | Corning Incorporated Financial Report 23rd of April 2024 | PairCorr |
| 0.67 | BDC | Belden Inc Financial Report 1st of May 2024 | PairCorr |
| 0.6 | MINM | Minim Inc Report 3rd of April 2024 | PairCorr |
| 0.53 | NTAP | NetApp Inc Financial Report 29th of May 2024 | PairCorr |
| 0.46 | FEIM | Frequency Electronics Report 14th of March 2024 | PairCorr |
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.
When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Apple Piotroski F Score and Apple Altman Z Score analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Apple Stock analysis
When running Apple's 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 the 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 0.16 | Dividend Share 0.95 | Earnings Share 6.44 | Revenue Per Share 24.648 | Quarterly Revenue Growth 0.021 |
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 if Apple is a good investment 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.
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