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Definitive Analysis

Financial Statements

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Ticker

Industry

Sector

Page: Earnings Power Value

Apple Inc.

Ticker: AAPL | Industry: Consumer Electronics | Sector: Technology
$248.04 +0.72 (0.29%)
As of: 2026-01-23

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Valuation Snapshot

Intrinsic Range$92.38 — $126.85
Selected Value (Mid)$109.62
Live Price$274.20
Upside / Downside-60.02%

EPV Per Share Breakdown

MetricLowMidHigh
EPV Per Share$92.38$109.62$126.85

Normalized EBIT Margin

ScenarioMargin
Low27.18%
Mid31.97%
High36.77%

Normalized Tax Rate

MetricValue
Tax Rate15.61%

Adjusted Earnings (NOPAT)

ScenarioValue
Low95,438,758,109
Mid112,280,891,893
High129,123,025,676

Capital Structure

ComponentValue
Net Debt78,838,000,000
Shares Outstanding14,948,500,000
WACC6.54%

Reverse EPV (Market Implied)

If "Implied" > "Actual", market expects profitability to improve.

MetricActual (LTM)Market Implied
EBIT Margin31.97%73.74%
NOPAT (Earnings)112,280,891,893258,963,623,165
Enterprise Value1,717,450,844,2293,961,112,935,000

Valuation Details

MetricLowMidHigh
Enterprise Value1,459,833,217,5951,717,450,844,2291,975,068,470,863
(-) Net Debt78,838,000,00078,838,000,00078,838,000,000
(=) Equity Value1,380,995,217,5951,638,612,844,2291,896,230,470,863
(/) Shares Outstanding14,948,500,00014,948,500,00014,948,500,000
(=) Fair Value$92.38$109.62$126.85
Live Price$274.20$274.20$274.20
Upside %-66.31%-60.02%-53.74%

High-Upside EPV Screener

US Market Global Market
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Ticker Company Price EPV Upside
BWFG Bankwell Financial Group, Inc. $47.00 $64.67 37.59%
SJW SJW Group $51.84 $64.62 24.64%
CQP Cheniere Energy Partners, L.P. $52.76 $64.22 21.72%
0HOB.L H&R Block, Inc. $43.55 $63.98 46.90%
PNM PNM Resources, Inc. $40.70 $63.35 55.64%
UVV Universal Corporation $52.86 $62.25 17.77%
NDP Tortoise Energy Independence Fund, Inc. $40.40 $61.08 51.18%
FRAF Franklin Financial Services Corporation $49.24 $58.81 19.43%
CBL CBL & Associates Properties, Inc. $37.82 $58.07 53.53%
CNX CNX Resources Corporation $36.27 $56.75 56.47%
SFBC Sound Financial Bancorp, Inc. $43.51 $56.39 29.60%
TCBX Third Coast Bancshares, Inc. $38.45 $56.18 46.11%
FMBH First Mid Bancshares, Inc. $39.36 $55.28 40.45%
ACT Enact Holdings, Inc. $40.09 $55.08 37.39%
SSBK Southern States Bancshares, Inc. $36.37 $54.55 49.99%
RIGL Rigel Pharmaceuticals, Inc. $43.28 $54.32 25.52%
STBA S&T Bancorp, Inc. $39.85 $53.12 33.31%
UGI UGI Corporation $37.32 $52.84 41.59%
NMIH NMI Holdings, Inc. $40.37 $52.80 30.79%
NBHC National Bank Holdings Corporation $39.51 $49.91 26.32%
PEBK Peoples Bancorp of North Carolina, Inc. $35.64 $49.39 38.59%
HWBK Hawthorn Bancshares, Inc. $33.48 $48.56 45.04%
VZ Verizon Communications Inc. $40.30 $48.53 20.41%
FUNC First United Corporation $37.42 $47.78 27.68%
VLGEA Village Super Market, Inc. $34.38 $47.24 37.41%
BPRN Princeton Bancorp, Inc. $34.04 $46.83 37.58%
UBSI United Bankshares, Inc. $39.30 $46.71 18.87%
WES Western Midstream Partners, LP $39.57 $46.37 17.18%
HOME At Home Group Inc. $36.99 $45.09 21.91%
RBNC Reliant Bancorp, Inc. $35.50 $44.98 26.71%
HRMY Harmony Biosciences Holdings, Inc. $36.75 $44.89 22.16%
PXED Phoenix Education Partners, Inc $34.19 $44.24 29.40%
RDN Radian Group Inc. $35.95 $42.95 19.47%
BDL Flanigan's Enterprises, Inc. $31.21 $42.50 36.16%
AMAL Amalgamated Financial Corp. $33.44 $42.20 26.19%
FSFG First Savings Financial Group, Inc. $32.37 $42.12 30.14%
HIPO Hippo Holdings Inc. $31.29 $40.95 30.86%
WKC World Kinect Corporation $26.15 $40.50 54.87%
RF-PF Regions Financial Corporation $25.41 $40.12 57.88%
FCBP First Choice Bancorp $29.10 $39.05 34.20%
MTG MGIC Investment Corporation $28.98 $38.96 34.45%
OXLCG Oxford Lane Capital Corp. 7.95% Notes due 2032 $25.23 $38.79 53.76%
BSRR Sierra Bancorp $33.51 $38.65 15.34%
IPLDP Interstate Power and Light Company $24.99 $38.30 53.25%
OBEGX Oberweis Global Opportunities Fund Investor Class $32.44 $38.05 17.28%
CBNK Capital Bancorp, Inc. $28.49 $37.33 31.03%
EPD Enterprise Products Partners L.P. $31.73 $37.27 17.46%
GBLI Global Indemnity Group, LLC $28.28 $37.20 31.54%
FG F&G Annuities & Life, Inc. $28.89 $37.03 28.19%
STEL Stellar Bancorp, Inc. $31.44 $37.00 17.70%