Apple Inc. (NASDAQ: AAPL) is evaluated against competitors in the Technology Hardware, Storage & Peripherals industry in a recent analysis. The report highlights Apple's status as one of the world's largest companies, with a portfolio of hardware and software products. The company's primary revenue source is the iPhone, while other products like the Mac, iPad, and Watch are integrated into a software ecosystem. Apple designs its own software and semiconductors and utilizes subcontractors such as Foxconn and TSMC for manufacturing.
According to the provided data, Apple's Price to Earnings (P/E) ratio is 38.52, which is 0.94x below the industry average. The Price to Book (P/B) ratio is 45.60, exceeding the industry average by 2.52x. The Price to Sales (P/S) ratio is 10.63, surpassing the industry average by 1.75x. The Return on Equity (ROE) is 27.84%, which is 7.36% above the industry average. In terms of profitability, Apple reported EBITDA of $39.02 billion, which is 24.09x above the industry average, and gross profit of $54.77 billion, which is 27.94x above the industry average. However, the company's revenue growth is reported at 16.36%, which is significantly lower than the industry average of 60.55%.
The analysis also compares Apple's debt-to-equity ratio to its top four peers. Apple has a debt-to-equity ratio of 0.78, which the report suggests indicates a stronger financial position and less reliance on debt financing compared to its competitors.
