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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
PFBI Premier Financial Bancorp, Inc. $17.79 $24.03 35.10%
CZWI Citizens Community Bancorp, Inc. $17.69 $22.10 24.95%
MRBK Meridian Corporation $17.51 $25.13 43.54%
SWKH SWK Holdings Corporation $17.30 $21.36 23.46%
MSDL Morgan Stanley Direct Lending Fund $16.75 $20.35 21.51%
HBB Hamilton Beach Brands Holding Company $16.56 $24.63 48.71%
INSI Insight Select Income Fund $16.23 $21.78 34.17%
DIAX Nuveen Dow 30 Dynamic Overwrite Fund $15.60 $18.17 16.48%
TRIN Trinity Capital Inc. $15.47 $24.21 56.49%
ETB Eaton Vance Tax-Managed Buy-Write Income Fund $15.45 $21.43 38.70%
IMXI International Money Express, Inc. $15.44 $18.35 18.87%
DRQ Dril-Quip, Inc. $15.41 $24.26 57.42%
SBH Sally Beauty Holdings, Inc. $15.21 $21.53 41.53%
MMD NYLI MacKay DefinedTerm Muni Opportunities Fund Shs of Beneficial Interest $15.03 $19.65 30.75%
SMMCX Western Asset Managed Municipals Fund Class C $14.94 $18.75 25.50%
BXMX Nuveen S&P 500 Buy-Write Income Fund $14.72 $20.18 37.06%
PACI PROOF Acquisition Corp I $14.50 $18.87 30.15%
MDV Modiv Inc. $14.22 $20.19 42.00%
BCSF Bain Capital Specialty Finance, Inc. $14.02 $17.48 24.69%
RMBI Richmond Mutual Bancorporation, Inc. $13.96 $18.08 29.50%
BLW BlackRock Limited Duration Income Trust $13.69 $16.63 21.49%
SD SandRidge Energy, Inc. $13.61 $17.06 25.38%
PIRS Pieris Pharmaceuticals, Inc. $13.60 $17.14 26.00%
FVCB FVCBankcorp, Inc. $13.59 $16.15 18.81%
LBAI Lakeland Bancorp, Inc. $13.43 $20.95 56.00%
PBFS Pioneer Bancorp, Inc. $13.35 $20.53 53.75%
CC The Chemours Company $13.28 $18.01 35.59%
MSIF MSC Income Fund, Inc. $13.26 $16.43 23.92%
FINS Angel Oak Financial Strategies Income Term Trust $13.23 $16.77 26.76%
0M2A.L Adeia Inc. $13.20 $15.29 15.83%
HGTY Hagerty, Inc. $12.98 $15.81 21.79%
IAF Abrdn Australia Equity Fund Inc $12.96 $20.54 58.50%
THW Abrdn World Healthcare Fund $12.83 $15.13 17.90%
MPAA Motorcar Parts of America, Inc. $12.71 $15.32 20.52%
PAI Western Asset Investment Grade Income Fund Inc. $12.49 $19.41 55.38%
GPP Green Plains Partners LP $12.31 $18.28 48.52%
FSD First Trust High Income Long/Short Fund $12.22 $15.38 25.82%
FMY First Trust Mortgage Income Fund $12.04 $18.16 50.86%
FRA BlackRock Floating Rate Income Strategies Fund, Inc. $11.85 $15.64 31.95%
MFL BlackRock MuniHoldings Investment Quality Fund $11.84 $16.93 43.00%
RQI Cohen & Steers Quality Income Realty Fund, Inc. $11.77 $17.71 50.46%
CGO Calamos Global Total Return Fund $11.73 $17.58 49.90%
ACSMX Advisors Capital Small/Mid Cap $11.71 $17.48 49.29%
VTN Invesco Trust for Investment Grade New York Municipals $11.50 $14.47 25.87%
NMT Nuveen Massachusetts Quality Municipal Income Fund $11.39 $18.13 59.18%
ESXB Community Bankers Trust Corporation $11.30 $16.53 46.32%
AWF AllianceBernstein Global High Income Fund $10.72 $15.35 43.16%
RSRFX Reaves Utilities and Energy Infrastruct Fund Insti Shares $10.61 $16.30 53.62%
PMO Putnam Municipal Opportunities Trust $10.60 $13.94 31.54%
MNP Western Asset Municipal Partners Fund Inc. $10.58 $12.77 20.70%