Discounted Cash Flow
Apple Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $215.6b | $45.7b | $53.1b | 21.2% | $2.09 |
| 2017 | $229.2b (6.3%) | $48.4b (5.8%) | $51.1b (-3.7%) | 21.1% (-0.4%) | $2.32 (11.0%) |
| 2018 | $265.6b (15.9%) | $59.5b (23.1%) | $64.1b (25.4%) | 22.4% (6.3%) | $3.00 (29.6%) |
| 2019 | $260.2b (-2.0%) | $55.3b (-7.2%) | $58.9b (-8.1%) | 21.2% (-5.2%) | $2.99 (-0.3%) |
| 2020 | $274.5b (5.5%) | $57.4b (3.9%) | $73.4b (24.6%) | 20.9% (-1.5%) | $3.31 (10.6%) |
| 2021 | $365.8b (33.3%) | $94.7b (64.9%) | $93.0b (26.7%) | 25.9% (23.8%) | $5.67 (71.3%) |
| 2022 | $394.3b (7.8%) | $99.8b (5.4%) | $111.4b (19.9%) | 25.3% (-2.2%) | $6.15 (8.5%) |
| 2023 | $383.3b (-2.8%) | $97.0b (-2.8%) | $99.6b (-10.6%) | 25.3% (-0.0%) | $6.16 (0.2%) |
| 2024 | $391.0b (2.0%) | $93.7b (-3.4%) | $108.8b (9.3%) | 24.0% (-5.3%) | $6.11 (-0.8%) |
| 2025 | $416.2b (6.4%) | $112.0b (19.5%) | $98.8b (-9.2%) | 26.9% (12.3%) | $7.49 (22.6%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.