|AAPL -- USA Stock|| |
USD 194.89 9.58 4.69%
shows prevailing Real Value
of $188.357 per share. The current price of the firm is $194.89. At this time the firm appears to be fairly valued
. Macroaxis approximates value of Apple
from analyzing the firm fundamentals
such as Current Valuation
of 1120B, Return On Equity
of 45.37% and Profit Margin of 21.98% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Goldman Sachs came out and rated Apple with a neutral and placed a price target of $161 on the stock. They were quoted as saying the iPhone X was a “not so super cycle”. However, to help the news of lackluster iPhone sales, Apple continues to grow their music streaming service monthly by 5%, compared to 2% for Spotify, according to the WSJ. Not only that, but with the addition of Apple’s home device, the product diversification is helping the company to rely less on iPhone revenue.
Valuation Drivers Correlation
Net Income Per Employee Free Cash Flow Market Capitalization
Apple Valuation Data Drivers
Apple Market Cap
Apple is number one stock in market capitalization category among related companies. Market capitalization
of Consumer Electronics
industry is presently estimated at about 1 Trillion. Apple totals roughly 972.25 Billion in market capitalization claiming about 97% of stocks in Consumer Electronics industry.