Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AppleCHIX:APCD 91 EV-to-EBIT is 32.20 as of Jul. 15, 2026, which is 42% above its 10-year median of 22.74. GuruFocus rates CHIX:APCD with a GF Score™ of 91/100 and a GF Value™ of €225.97 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,773 Hardware companies, Apple ranks worse than 61.76% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Apple's Enterprise Value is €4,075,047 Mil.
Apple's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €126,547 Mil. Therefore, Apple's EV-to-EBIT for today is 32.20.
The historical rank and industry rank for Apple's EV-to-EBIT or its related term are showing as below:
CHIX:APCd'
s EV-to-EBIT Range Over the Past 10 Years
Min: 8.6 Med: 22.74 Max: 33
Current: 31.49
During the past 13 years, the highest EV-to-EBIT of Apple was 33.00. The lowest was 8.60. And the median was 22.74.
CHIX:APCd's EV-to-EBIT is ranked worse than 61.76% of 1773
companies
in the Hardware industry
Industry Median: 21.84
vs CHIX:APCd: 31.49
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Apple's Enterprise Value for the quarter that ended in Mar. 2026 was €3,178,570 Mil.
Apple's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €126,547 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apple EV-to-EBIT Related Terms
Apple EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Apple's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:APCD vs SONO, TBCH, VUZI: EV-to-EBIT Comparison
For the Consumer Electronics subindustry, Apple's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apple EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Apple's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Apple's EV-to-EBIT falls into.
Apple's current Enterprise Value is €4,075,047 Mil.
Apple's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €126,547 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apple (CHIX:APCD) has a EV-to-EBIT of 32.20 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Apple and its competitors. This is 42% above median its historical median of 22.74. Over the past decade, Apple's EV-to-EBIT has ranged from 8.60 to 33.00. According to the industry distribution chart, Apple ranks #1095 out of 1773 companies in the Hardware industry, placing it in the top 61.8%.
Is Apple's EV-to-EBIT too high?
Apple's current EV-to-EBIT of 32.20 is 42% above median its 10-year median of 22.74. Over the past 10 years, this metric has ranged from a low of 8.60 to a high of 33.00. The Hardware industry median EV-to-EBIT is 21.84. Apple's value of 32.20 is 47.4% above this industry median. Based on the distribution chart, Apple ranks #1095 out of 1773 companies in the Hardware industry, which is below the industry midpoint. Overall, Apple has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's EV-to-EBIT compare to SONO and TBCH?
According to the Hardware industry distribution chart, Apple ranks #1095 out of 1773 companies for EV-to-EBIT. This places Apple in the lower half of its industry. The industry median EV-to-EBIT is 21.84. Apple's value of 32.20 is 47.4% above this benchmark. Historically, Apple's own EV-to-EBIT has ranged from 8.60 to 33.00 over the past decade. While the company's 10-year median is 22.74 vs. the industry median of 21.84, Apple has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 21.84, based on 1,773 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apple's current EV-to-EBIT of 32.20 is 47.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Apple and its competitors. For the Hardware industry, the median EV-to-EBIT is 21.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current EV-to-EBIT is 32.20, which is 42% above median its own 10-year median of 22.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (CHIX:APCD) is currently considered Modestly Overvalued. The stock's GF Value™ is €225.97, compared to a current price of €267.55 — trading 18.4% above its estimated fair value. The current EV-to-EBIT is 32.20, which is 42% above median its 10-year median of 22.74 and 47.4% above the Hardware industry median of 21.84. Apple's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Apple (CHIX:APCD), the current EV-to-EBIT is 32.20 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apple (CHIX:APCD) Overvalued in 2026?
Based on GuruFocus' analysis, Apple stock appears to be overvalued.
The current stock price of €267.55 is trading 18.4% above its estimated GF Value™ of €225.97.
GuruFocus considers Apple to be Modestly Overvalued.
Key valuation signals for CHIX:APCD:
EV-to-EBIT: 32.20 (42% above median its 10-year median of 22.74)
GF Value™: €225.97 vs. price of €267.55 (18.4% above fair value)
Industry Position: 47.4% above the Hardware median (#1095 of 1773)
No single metric tells the full story. See the CHIX:APCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the firm's sales, and Apple's other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
91GF Score
Get the complete analysis for CHIX:APCD
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:APCD has been successfully added to your 
