| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 274.52B | 365.82B | 394.33B | 383.29B | 391.04B | 430.41B | 473.74B | 521.44B | 573.95B | 631.73B |
| Revenue % | 0 | 33.26 | 7.79 | -2.8 | 2.02 | 10.07 | 10.07 | 10.07 | 10.07 | 10.07 |
| Ebitda | 77.34B | 120.23B | 130.54B | 125.82B | 134.66B | 138.94B | 152.93B | 168.33B | 185.28B | 203.94B |
| Ebitda % | 28.17 | 32.87 | 33.1 | 32.83 | 34.44 | 32.28 | 32.28 | 32.28 | 32.28 | 32.28 |
| Ebit | 66.29B | 108.95B | 119.44B | 114.3B | 123.22B | 125.29B | 137.91B | 151.79B | 167.08B | 183.9B |
| Ebit % | 24.15 | 29.78 | 30.29 | 29.82 | 31.51 | 29.11 | 29.11 | 29.11 | 29.11 | 29.11 |
| Depreciation | 11.06B | 11.28B | 11.1B | 11.52B | 11.45B | 13.65B | 15.03B | 16.54B | 18.21B | 20.04B |
| Depreciation % | 4.03 | 3.08 | 2.82 | 3.01 | 2.93 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 |
Apple Inc.
AAPL
NASDAQ
202.76USD0.24 (0.12%)
Operating Data
Balance Sheet
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash | 90.94B | 62.64B | 48.3B | 61.56B | 65.17B | 81.97B | 90.23B | 99.31B | 109.31B | 120.32B |
| Total Cash % | 33.13 | 17.12 | 12.25 | 16.06 | 16.67 | 19.05 | 19.05 | 19.05 | 19.05 | 19.05 |
| Receivables | 37.45B | 51.51B | 60.93B | 60.99B | 66.24B | 65.44B | 72.03B | 79.28B | 87.27B | 96.05B |
| Receivables % | 13.64 | 14.08 | 15.45 | 15.91 | 16.94 | 15.2 | 15.2 | 15.2 | 15.2 | 15.2 |
| Inventories | 4.06B | 6.58B | 4.95B | 6.33B | 7.29B | 6.93B | 7.62B | 8.39B | 9.24B | 10.17B |
| Inventories % | 1.48 | 1.8 | 1.25 | 1.65 | 1.86 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 |
| Payable | 42.3B | 54.76B | 64.12B | 62.61B | 68.96B | 69.39B | 76.37B | 84.06B | 92.53B | 101.85B |
| Payable % | 15.41 | 14.97 | 16.26 | 16.34 | 17.64 | 16.12 | 16.12 | 16.12 | 16.12 | 16.12 |
| Cap Ex | -7.31B | -11.09B | -10.71B | -10.96B | -9.45B | -11.78B | -12.96B | -14.27B | -15.71B | -17.29B |
| Cap Ex % | -2.66 | -3.03 | -2.72 | -2.86 | -2.42 | -2.74 | -2.74 | -2.74 | -2.74 | -2.74 |
Weighted Average Cost Of Capital
| Price | 243.21 |
| Beta | 1.24 |
| Diluted Shares Outstanding | 15.41B |
| Costof Debt | 0 |
| Tax Rate | 24.09 |
| After Tax Cost Of Debt | 3.36 |
| Risk Free Rate | 4.42 |
| Market Risk Premium | 4.72 |
| Cost Of Equity | 10.27 |
| Total Debt | 106.63B |
| Total Equity | 3.75T |
| Total Capital | 3.85T |
| Debt Weighting | 2.77 |
| Equity Weighting | 97.23 |
| Wacc | 10.09 |
Build Up Free Cash Flow
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 274.52B | 365.82B | 394.33B | 383.29B | 391.04B | 430.41B | 473.74B | 521.44B | 573.95B | 631.73B |
| Ebitda | 77.34B | 120.23B | 130.54B | 125.82B | 134.66B | 138.94B | 152.93B | 168.33B | 185.28B | 203.94B |
| Ebit | 66.29B | 108.95B | 119.44B | 114.3B | 123.22B | 125.29B | 137.91B | 151.79B | 167.08B | 183.9B |
| Tax Rate | 24.09 | 24.09 | 24.09 | 24.09 | 24.09 | 24.09 | 24.09 | 24.09 | 24.09 | 24.09 |
| Ebiat | 56.72B | 94.46B | 100.08B | 97.48B | 93.53B | 104.56B | 115.08B | 126.67B | 139.43B | 153.46B |
| Depreciation | 11.06B | 11.28B | 11.1B | 11.52B | 11.45B | 13.65B | 15.03B | 16.54B | 18.21B | 20.04B |
| Receivables | 37.45B | 51.51B | 60.93B | 60.99B | 66.24B | 65.44B | 72.03B | 79.28B | 87.27B | 96.05B |
| Inventories | 4.06B | 6.58B | 4.95B | 6.33B | 7.29B | 6.93B | 7.62B | 8.39B | 9.24B | 10.17B |
| Payable | 42.3B | 54.76B | 64.12B | 62.61B | 68.96B | 69.39B | 76.37B | 84.06B | 92.53B | 101.85B |
| Cap Ex | -7.31B | -11.09B | -10.71B | -10.96B | -9.45B | -11.78B | -12.96B | -14.27B | -15.71B | -17.29B |
| Ufcf | 61.26B | 90.54B | 102.04B | 95.09B | 95.67B | 108.02B | 116.85B | 128.61B | 141.56B | 155.81B |
| Wacc | 10.09 | 10.09 | 10.09 | 10.09 | 10.08 | 10.09 | 10.09 | 10.09 | 10.09 | 10.09 |
| Sum Pv Ufcf | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 483.64B |
Terminal Value
| Growth In Perpetuity Method | |
| Long Term Growth Rate | 4 |
| Wacc | 10.09 |
| Free Cash Flow T1 | 162.05B |
| Terminal Value | 2.66T |
| Present Terminal Value | 1.65T |
| Wacc | 10.09 |
Intrinsic Value
| Enterprise Value | 2.13T |
| Net Debt | 76.69B |
| Equity Value | 2.05T |
| Diluted Shares Outstanding | 15.41B |
| Equity Value Per Share | 133.18 |