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Apple Inc (NAS:AAPL)
Price-to-Free-Cash-Flow Ratio
13.00 (As of Today)

As of today, Apple Inc's share price is $99.96. Apple Inc's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2014 was $7.71. Hence, Apple Inc's Price-to-Free-Cash-Flow Ratio for today is 13.00.

AAPL' s 10-Year Price-to-Free-Cash-Flow ratio Range
Min: 7.84   Max: 64.19
Current: 13

7.84
64.19

During the past 13 years, Apple Inc's highest Price-to-Free-Cash-Flow Ratio was 64.19. The lowest was 7.84. And the median was 16.73.

AAPL's Price-to-Free-Cash-Flow ratiois ranked higher than
73% of the 1374 Companies
in the Global Computer Systems industry.

( Industry Median: 17.22 vs. AAPL: 13.00 )

Apple Inc's Free Cash Flow per Share for the three months ended in Jun. 2014 was $1.29. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2014 was $7.71.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Apple Inc was 19.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 38.90% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 50.00% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 55.70% per year.

During the past 13 years, Apple Inc's highest 3-Year average Free Cash Flow per Share Growth Rate was 132.10% per year. The lowest was -47.70% per year. And the median was 52.40% per year.


Definition

Apple Inc's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=99.96/7.71
=12.96

Apple Inc's Share Price of today is $99.96.
Apple Inc's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2014 was 1.19 (Sep. 2013 ) + 3.27 (Dec. 2013 ) + 1.96 (Mar. 2014 ) + 1.29 (Jun. 2014 ) = $7.71.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Apple Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
pfcf 21.2920.1642.3030.4512.1218.9115.9611.8715.1810.03

Apple Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
pfcf 12.6313.2015.1810.889.528.7810.0311.6210.4811.93
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