Apple Inc. (AAPL)
NASDAQ · Information Technology · market cap 4.58T
Share price
$338.32
At the last nightly close
Intrinsic value
$259.89
$167.67 before any credit for growth. The figure above is $167.67 × 1.55, the credit the franchise record earns.
Margin of safety
-23.2%
($259.89 − $338.32) ÷ $338.32
EV / EBIT
77.5
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.
The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-18.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 416.16B | 133.05B | 112.01B | 7.49 | 98.77B |
| 2024-FY | 391.04B | 123.22B | 93.74B | 6.11 | 108.81B |
| 2023-FY | 383.29B | 114.30B | 97.00B | 6.16 | 99.58B |
| 2022-FY | 394.33B | 119.44B | 99.80B | 6.15 | 111.44B |
| 2021-FY | 365.82B | 108.95B | 94.68B | 5.61 | 92.95B |
Filed figures from SEC EDGAR, in the reporting currency.
Recent news
- Apple’s upcoming catalysts: China AI approval, foldable iPhone and earnings ahead By Investing.cominvesting.com
- Apple earnings expectations are 'high' even though it has underperformedyoutube.com
- Apple Stock Might Not See Positive Catalysts Until Spring | Investor's Business Dailyinvestors.com
- Apple (AAPL) Earnings: Latest Report, Earnings Call ...public.com
- Apple Inc. (AAPL) Stock Price, News, Quote & Historyfinance.yahoo.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on AAPL.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.