Apple Inc Net-Net Working Capital

The Net-Net Working Capital of Apple Inc for the quarter that ended in 2026-06-30 was $ -12.612.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt. This is a conservative way of estimating the company's value.

Calculation

For more information about NNWC, visit: Net-Net Working Capital

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Apple Inc Tangible Book Value per Share

The Tangible Book Value per Share of Apple Inc for the quarter that ended in 2026-06-30 was 5.967.

Calculation

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

For more information about tangible book value per share, visit: Tangible Book Value per Share

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Apple Inc Intrinsic Value: Projected FCF

The Intrinsic Value: Projected FCF of Apple Inc for today is 0.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings (DCE) Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of total equity.

Value = ((Growth Multiple)* Free Cash Flow(6 year avg) + 0.8* Total Equity(most recent))/ Shares Outstanding

In the case of negative total equity, the following formula is used (see the Total Equity section for the reason):

Value = ((Growth Multiple)* Free Cash Flow(6 year avg) + Total Equity(most recent)/0.8)/ Shares Outstanding

Calculation

Here Apple Inc' s FCF(6 year avg) is calculate as

Apple Inc Quarterly Free Cash Flow Data

Add all the Free Cash Flow together and divide 6 will get Apple Inc FCF(6 year avg) = 106,757.17

Apple Inc's Intrinsic Value: Projected FCF for today is calculated as

Apple Inc's Free Cash Flow Growth Multiple is N/A.

For more information about Intrinsic Value: Projected FCF, visit: Intrinsic Value: Projected FCF

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Apple Inc Median PS Value

The Median PS Value of Apple Inc for today is 0

This valuation method assumes that the stock valuation will revert to its historical mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Calculation

For more information about median ps value, visit: Median PS Value

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Apple Inc Graham Number

The Graham Number of Apple Inc for the quarter that ended in 2026-06-30 was $ 34.22.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

Calculation

For more information about graham number, visit: graham number

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Apple Inc Peter Lynch Fair Value

The Peter Lynch Fair Value of Apple Inc for the today is 69.44.

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair PE Ratio for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. The growth rate we use is the average growth rate for earnings per share over the past 5 years. If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

Calculation

5-Year Earnings Growth Rate is 7.96. If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

Apple Inc's EPS without NRI for the trailing twelve months (TTM) ended in 2026-06-30 was 1.8478688453121 (2025-09) + 2.8424029780243 (2025-12) + 2.0085736173333 (2026-03) + 2.0244414487957 (2026-06) = 8.72

For more information about Peter Lynch fair value, visit: Peter Lynch fair value

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