EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Apple's Enterprise Value is $2,649,559 Mil.
Apple's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $106,869 Mil. Therefore, Apple's EV-to-FCF for today is 24.79.
The historical rank and industry rank for Apple's EV-to-FCF or its related term are showing as below:
AAPL'
s EV-to-FCF Range Over the Past 10 Years
Min: 7.63 Med: 16.69 Max: 32.78
Current: 24.79
During the past 13 years, the highest EV-to-FCF of Apple was 32.78. The lowest was 7.63. And the median was 16.69.
AAPL's EV-to-FCF is ranked worse than 65.9% of 1393
companies
in the Hardware industry
Industry Median: 16.06
vs AAPL: 24.79
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-17), Apple's stock price is $168.00.
Apple's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $6.420. Therefore, Apple's PE Ratio for today is 26.17.
Apple EV-to-FCF Historical Data
The historical data trend for Apple's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Apple Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
EV-to-FCF
17.02
27.09
25.67
20.42
27.23
Apple Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-FCF
21.73
27.15
30.52
27.23
28.18
Competitive Comparison
For the Consumer Electronics subindustry, Apple's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apple EV-to-FCF Distribution
For the Hardware industry and Technology sector, Apple's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Apple's EV-to-FCF falls into.
Apple's current Enterprise Value is $2,649,559 Mil.
Apple's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $106,869 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apple (NAS:AAPL) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Apple's share price for today is $168.00.
Apple's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.420.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Apple EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Apple's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
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