Apple Inc. (AAPL)

DCF Valuation · Technology · Consumer Electronics

Valuation as at 2026-08-14 · see also the S&P 500 Most Undervalued screen

About Apple Inc.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Apple Inc. AAPL

Technology · Consumer Electronics

Price
$305.26
Market Cap
$4455.02B
Free Cash Flow
$107.72B
Beta
1.09
P/E (TTM)
34.6x
52-Week Range
$223.78–$344.57

Apple Inc.'s price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

$305.26 +33% vs 2024-08
S&P 500 $229.00$236.00$205.17$278.85$271.35$305.26 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

$2.02 +29% vs Q2 '25
$1.57$1.85$2.84$2.01$2.02Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per quarter

$31.91B +31% vs Q2 '25
$24.41B$26.49B$51.55B$26.73B$31.91BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share Per quarter

$0.27 +4% vs Q2 '25
$0.26$0.26$0.26$0.26$0.27Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Value investing scale · Buffett · Dalio · Graham

Partial Fit
11 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for AAPL →

Intrinsic value estimate · 5-year forecast

BEAR
$114.87
vs current $305.26
-62.4% ❌ Overvalued
BASE
$201.16
vs current $305.26
-34.1% ❌ Overvalued
BULL
$306.88
vs current $305.26
+0.5% ⚠️ Fairly Valued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
$107.72B
Reported free cash flow (Yahoo)
Risk-free rate
4.68% ● LIVE
Live 10-yr govt bond
Beta
1.09
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
5.28%
Synthetic rating AAA, ICR 33.8x
Tax rate
25.00%
Estimated default
Capital structure
E 98% / D 2%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth11.3%22.5%30.0%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)11.53%10.53%9.53%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.68% + 1.09 × 5.50% = 10.66% · WACC = weighted by 98%/2% capital structure

These numbers come from running Apple Inc.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or AAPL's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with AAPL →

More S&P 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Apple Inc. (AAPL) undervalued?

The Base-case DCF estimates intrinsic value at $201.16 vs a price of $305.26 on 2026-08-14 — a -34.1% margin, so the Base case reads overvalued. This is a mechanical output, not advice.