AAPL

Information Technology / Consumer Electronics & Software
Apple designs, manufactures, and sells premium consumer electronics (iPhone, Mac, iPad, wearables) and operates high-margin digital platforms (App Store, cloud services, AppleCare) generating recurring revenue from both hardware sales and services.
Recommended: koller_dcf
$315.32
Current market price
Source: FMP +EDGAR

Market implications

What the market is baking into $315.32. Does not change with your assumptions.

Implied terminal growth (cv_g)
7.66%
solved so market model = $315.32 with the analyst inputs below
WACC (CAPM)
9.80%
β: 1.10 · Rf: 4.0% · ERP: 5.5%
Ke: 10.03% · Kd(AT): 0.00%
E/V: 97.7% · D/V: 2.3%
CV ROIC (from historical)
352.04%
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 477,756 172,439
2027 518,720 187,224
2028 553,666 199,837
2029 483,092 174,365
Validation: set your view's WACC = 9.80%, cv_g = 7.66%, tax = 15.6%. Your model should produce exactly $315.32.

Your view

Yellow cells are editable.

Your model output

Model share price: $100.77
vs market: -68.0%
Enterprise value: $1,625,482M
Operating value: $1,480,563M
Continuing value: $1,023,954M
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% +15.0%
2027 36.1% +8.6%
2028 36.1% +6.7%
2029 36.1% -12.7%
CV NOPLAT: $124,666M · CV ROIC: 316.66%

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.

▸ expand

Red flags (accounting / governance / operational / liquidity)

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

▸ expand

Recent news (web search)

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

▸ expand

Snapshots

No saved snapshots yet.