Professional
Added to YB: 2024-06-14
Pitch date: 2024-03-31
AAPL [bullish]
Apple Inc.
+50.86%
current return
Author Info
Bireme Capital uses a value-oriented, bottom-up analysis to identify high IRR opportunities in publicly listed equities. Visit the website.
Company Info
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Market Cap
$3.8T
Pitch Price
$169.65
Price Target
N/A
Dividend
0.41%
EV/EBITDA
21.62
P/E
32.42
EV/Sales
8.49
Sector
Technology Hardware, Storage and Peripherals
Category
value
Bireme Capital Portfolio Holding: Apple Inc.
AAPL: Misperceived as low-margin hardware biz in 2016, but really a software co (iOS, iCloud, etc). High 36.8% ROIC & 30.5% margins vs tech hardware avg of 6.6% & 4.7%. 15.4% 5yr sales CAGR vs 3.3%. Products have high loyalty & switching costs. Quality now recognized.
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