Apple Inc.(AAPL) - Stock detail

Apple Inc.

US
AAPL
Apple Inc.(Listing date: 12/12/1980)

Apple Inc. was founded on January 3, 1977, in California. The company designs, manufactures, and sells smartphones, personal computers, tablets, wearable devices, and accessories, and provides various related services.

AI Value AnalystHold
Overall Rating5.3/10
Generated at:2026-06-03 17:39:36
Analysis based on 5 financial reports from Apple Inc. (AAPL) covering periods from 2024-06-29 to 2025-06-28. The current stock price of $310.26 is as of 2026-06-04. Trading range data covers the 60-day period up to 2026-06-03. Data completeness is high for the specified periods.
Overview

Apple Inc. is a global technology leader with a dominant position in consumer electronics and a rapidly growing software and services portfolio. The company demonstrates robust and re-accelerating profitability but presents a mixed financial picture with high leverage and potential short-term liquidity concerns. The stock is currently trading at significant valuation premiums.

Valuation
2/10
Profitability
8/10
Financial health
6/10
Operation Advice
  • Maintain existing positions (Hold) due to the company's exceptional business fundamentals, but avoid new purchases at current levels as the stock appears overvalued with limited short-term upside.
  • Investors should await a more attractive entry point below $310 or clearer evidence of accelerated growth justifying the premium multiple.
  • A reasonable 12-month fundamental target price range is $340 - $370.

Valuation

P/E TTM
37.39
P/E LYR
33.89
P/B MRQ
43.04
P/S TTM
--
AI Analysis
  • The stock is trading at significant premiums with a forward P/E of 33.89 and TTM P/E of 37.39, and an extremely high P/B ratio of 43.04. The current price of $310.26 is near the upper end of its recent trading range ($245.51 to $316.94), and traditional metrics suggest the stock is overvalued, incorporating a large premium for brand and ecosystem strength.
  • Current Price: $310.26 (as of 2026-06-04).
  • Forward (dynamic) P/E is 33.89, while the trailing twelve-month (TTM) P/E is 37.39. These multiples are elevated.
  • The P/B ratio is 43.04. This extremely high ratio reflects the market's valuation of Apple's immense intangible assets.
  • The TTM P/S ratio is 14.53, which is also high, typical for a company with premium margins.
  • Given the high P/E multiples (33.89-37.39), earnings growth would need to be exceptionally strong (likely well above 30%) for the stock to be considered fairly valued on a PEG basis.
  • The recent ~7% net income growth does not support such a high multiple from a traditional PEG standpoint.
  • Based on the provided 60-day trading data, the stock has traded between a low of $245.51 and a high of $316.94.
  • Given the high valuation multiples and the recent re-acceleration of growth, a reasonable 12-month fundamental target price range would be $340 - $370.
  • At the current price of $310.26 and a TTM P/E of 37.39, the stock appears overvalued based on traditional value metrics.
Valuation trend

Profitability

ROE TTM
137.72%
Net margin
26.95%
Gross margin
46.82%
Total revenue
313.69B
AI Analysis
  • Apple demonstrates robust and stable profitability with re-accelerating revenue growth of 5.94% year-over-year in Q3 2025 and strong net income growth of 7.02%. Profit margins remain exceptionally strong with a gross margin of 46.82% and net margin of 26.95%.
  • The latest quarterly data (Q3 2025, dated 2025-06-28) shows year-over-year revenue growth of 5.94%, an acceleration from the 4.44% growth in the previous quarter.
  • This suggests a re-acceleration in the company's top-line expansion.
  • Profit margins remain exceptionally strong and stable.
  • The gross margin for Q3 2025 was 46.82%, consistent with the historical range around 46-47%.
  • The net margin was 26.95%, indicating the company's ability to convert a substantial portion of revenue into bottom-line profit.
  • The net margin has shown slight variability but remains in a high band (24%-29%).
  • Net income grew by 7.02% year-over-year in Q3 2025, outpacing revenue growth and indicating positive operating leverage.
  • This reverses the slight year-over-year decline (-3.36%) reported in the annual results for 2024-09-28.
Profitability
2024Q22024Q32024Q42025Q12025Q2
ROE TTM--157.41%58.74%98.77%137.72%
Earnings
2024Q22024Q32024Q42025Q12025Q2
Total revenue296.11B391.04B124.30B219.66B313.69B

Financial health

Debt/Asset
80.14%
Current ratio
0.87
Quick ratio
0.83
Cash ratio
0.83
AI Analysis
  • Financial health presents a mixed picture with potential short-term liquidity concerns (current ratio 0.87) and high financial leverage (debt-to-asset ratio 80.14%), but is offset by exceptional profitability efficiency with an ROA of 24.28% and an extremely high ROE of 137.72%.
  • The company shows potential short-term liquidity concerns.
  • The current ratio of 0.87 and the quick ratio of 0.83 are both below 1.0, indicating that current liabilities slightly exceed current assets.
  • This is atypical for a company of Apple's stature and may warrant closer scrutiny of its working capital management, though it is mitigated by the company's immense cash flow generation.
  • The debt-to-asset ratio is 80.14%, indicating a high degree of financial leverage.
  • This level of debt is significant and reflects Apple's strategy of utilizing debt for shareholder returns while keeping offshore cash.
  • The risk is moderated by the company's extremely strong and stable profitability.
  • The Return on Equity (ROE) of 137.72% is extraordinarily high, largely amplified by the high financial leverage.
  • The Return on Assets (ROA) of 24.28% is outstanding, demonstrating highly efficient use of its asset base to generate profits.
Leverage
2024Q22024Q32024Q42025Q12025Q2
Debt/Asset79.88%84.40%80.60%79.83%80.14%
Liquidity
2024Q22024Q32024Q42025Q12025Q2
Current ratio0.950.870.920.820.87