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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%73.34%
NOPAT (Earnings)112,280,891,893257,556,339,502
Enterprise Value1,717,450,844,2293,939,587,095,000

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
HNVR Hanover Bancorp, Inc. $22.82 $27.49 20.47%
HAFC Hanmi Financial Corporation $27.66 $34.57 24.99%
HBB Hamilton Beach Brands Holding Company $16.56 $24.63 48.71%
HGTY Hagerty, Inc. $12.98 $15.81 21.79%
HTO H2O America $50.65 $65.12 28.56%
0HOB.L H&R Block, Inc. $43.55 $63.98 46.90%
GPP Green Plains Partners LP $12.31 $18.28 48.52%
GRBK Green Brick Partners, Inc. $64.40 $83.00 28.88%
AJXA Great Ajax Corp. 7.25 CV SR NT 24 $25.07 $34.59 37.99%
GSBD Goldman Sachs BDC, Inc. $9.18 $13.24 44.18%
GL Globe Life Inc. $139.64 $169.81 21.61%
GBLI Global Indemnity Group, LLC $28.28 $37.20 31.54%
FVCB FVCBankcorp, Inc. $13.59 $16.15 18.81%
FULT Fulton Financial Corporation $19.98 $23.63 18.25%
FTF Franklin Limited Duration Income Trust $6.16 $8.49 37.85%
FRAF Franklin Financial Services Corporation $49.24 $58.81 19.43%
FTAI-PB Fortress Transportation and Infrastructure Investors LLC $24.26 $36.89 52.08%
BDL Flanigan's Enterprises, Inc. $31.21 $42.50 36.16%
FPH Five Point Holdings, LLC $5.75 $8.51 47.99%
FUNC First United Corporation $37.42 $47.78 27.68%
FMY First Trust Mortgage Income Fund $12.04 $18.16 50.86%
FSD First Trust High Income Long/Short Fund $12.22 $15.38 25.82%
FSFG First Savings Financial Group, Inc. $32.37 $42.12 30.14%
FMBI First Midwest Bancorp, Inc. $21.51 $30.15 40.17%
FMBH First Mid Bancshares, Inc. $39.36 $55.28 40.45%
THFF First Financial Corporation $60.91 $71.49 17.37%
FCCO First Community Corporation $29.65 $36.19 22.04%
FCBP First Choice Bancorp $29.10 $39.05 34.20%
FCAP First Capital, Inc. $55.97 $80.96 44.65%
FBIZ First Business Financial Services, Inc. $54.54 $83.32 52.77%
FBP First BanCorp. $21.25 $26.24 23.49%
FAF First American Financial Corporation $62.31 $82.26 32.02%
FDUS Fidus Investment Corporation $19.71 $24.03 21.92%
FG F&G Annuities & Life, Inc. $28.89 $37.03 28.19%
EPD Enterprise Products Partners L.P. $31.73 $37.27 17.46%
ACT Enact Holdings, Inc. $40.09 $55.08 37.39%
ESRT Empire State Realty Trust, Inc. $6.56 $8.02 22.21%
ESBA Empire State Realty OP, L.P. $6.31 $9.33 47.84%
ETB Eaton Vance Tax-Managed Buy-Write Income Fund $15.45 $21.43 38.70%
EMN Eastman Chemical Company $68.32 $90.37 32.28%
DUKB Duke Energy Corporation 5.625% $24.65 $30.93 25.49%
DRQ Dril-Quip, Inc. $15.41 $24.26 57.42%
DCOM Dime Community Bancshares, Inc. $29.85 $35.66 19.47%
CCEL Cryo-Cell International, Inc. $3.54 $5.19 46.60%
CTNM Contineum Therapeutics, Inc. Class A Common Stock $9.49 $13.16 38.71%
CPSI Computer Programs and Systems, Inc. $9.22 $14.26 54.68%
CWBC Community West Bancshares $22.64 $26.05 15.06%
CTBI Community Trust Bancorp, Inc. $57.11 $70.09 22.73%
ESXB Community Bankers Trust Corporation $11.30 $16.53 46.32%
CBK Commercial Bancgroup, Inc. Common Stock $24.49 $34.65 41.50%