AAPL

Information Technology / Consumer Electronics / Hardware & Software
Apple designs and manufactures premium consumer electronics (iPhone, Mac, iPad, wearables) and operates high-margin digital platforms (App Store, services, subscriptions) generating recurring revenue from hardware sales, software licensing, and subscription services.
Recommended: koller_dcf
$302.25
Current market price
Source: FMP +EDGAR

Market implications

What the market is baking into $302.25. Does not change with your assumptions.

Implied terminal growth (cv_g)
7.64%
solved so market model = $302.25 with the analyst inputs below
WACC (CAPM)
9.62%
β: 1.06 · Rf: 4.0% · ERP: 5.5%
Ke: 9.86% · Kd(AT): 0.00%
E/V: 97.6% · D/V: 2.4%
CV ROIC (from historical)
-519.11%
CV NOPLAT = $138,595M
Tax rate / Op cash / Shares
Forecast tax: 15.6%
Op cash %: 3.0%
Shares: 14,948M
5-year consensus forecast
YearRevenue ($M)EBITDA ($M)
2025 415,407 149,935
2026 476,191 171,874
2027 516,458 186,408
2028 549,093 198,187
2029 483,092 174,365
Validation: set your view's WACC = 9.62%, cv_g = 7.64%, tax = 15.6%. Your model should produce exactly $302.25.

Your view

Yellow cells are editable.

Your model output

Model share price: $105.83
vs market: -65.0%
Enterprise value: $1,701,037M
Operating value: $1,503,944M
Continuing value: $1,037,628M
Debt: $119,059M
Excess cash: $53,440M
Residuals: B/S 0.0M · TFI 0.0M · TII 0.0M · CFI 0.0M

Forecast ratios (yellow cells)

Held constant across forecast years (H–M). Defaults are the most recent historical ratio. Override to express a different view (margin compression, working-capital efficiency, etc.).

Income statement

D&A % of revenue 2.93%
Non-op losses % of rev 0.00%

Working capital

AR % of revenue 16.94%
Unbilled rev % of rev 0.00%
Inventory % of rev 1.86%
Other CA % of rev 3.65%
AP % of rev 17.64%
Other ST liab % of rev 21.72%

Long-term assets & liab

LT investments % of rev 23.39%
Net fixed assets % of rev 8.50%
Other LT assets % of rev 22.32%
Other LT liab % of rev 8.97%

Consensus forecast (your editable copy)

Defaults are FMP analyst consensus. Edit any cell; Recalculate uses these values.

YearRevenue ($M)EBITDA ($M) EBITDA marginYoY rev growth
2025 36.1% —
2026 36.1% +14.6%
2027 36.1% +8.5%
2028 36.1% +6.3%
2029 36.1% -12.0%
CV NOPLAT: $124,666M · CV ROIC: -466.94%

Sensitivity: model price by WACC × cv_g

5×5 grid centered on your assumptions. Green cells > market, red < market. Computes 25 model runs (~10s).

Click “Run sensitivity” above.

Monte Carlo simulation

Sample WACC, cv_g, revenue multiplier, and EBITDA margin shift; see distribution of fair value.

Distribution widths (σ):
Each sample: draws values from normal distributions centered on your current assumptions, runs the full DCF, records the model price. 100 samples ≈ 60s.

Configure σ above and click “Run Monte Carlo”.

Peers (LLM-proposed comparables)

3–5 publicly-traded comps with rationale + suggested multiples. ~$0.002/call, cached 30d.

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Red flags (accounting / governance / operational / liquidity)

Severity-tiered concerns with explicit evidence. ~$0.004/call, cached 30d.

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Recent news (web search)

Material items from the last 60 days with source links. ~$0.02–0.05/call, cached 6h.

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Snapshots

No saved snapshots yet.