Understanding Apple's Position In Technology Hardware, Storage & Peripherals Industry Compared To Competitors - Apple (NASDAQ:AAPL)

Core Insights - The article provides a comprehensive analysis of Apple and its competitors in the Technology Hardware, Storage & Peripherals industry, focusing on financial metrics, market position, and growth prospects [1] Company Overview - Apple is one of the largest companies globally, with a diverse range of hardware and software products aimed at both consumers and businesses [2] - The iPhone constitutes the majority of Apple's sales, with other products like Mac, iPad, and Watch forming part of a broader software ecosystem [2] - Nearly half of Apple's sales are generated through its flagship stores, while the majority comes from partnerships and distribution channels [2] Financial Metrics Comparison - Apple's Price to Earnings (P/E) ratio is 38.28, which is 0.72x lower than the industry average, indicating potential undervaluation [6] - The Price to Book (P/B) ratio of 56.88 is 5.57x the industry average, suggesting overvaluation in terms of book value [6] - The Price to Sales (P/S) ratio of 9.32 is 2.63x the industry average, indicating potential overvaluation relative to sales performance [6] - Apple has a Return on Equity (ROE) of 35.34%, which is 29.55% above the industry average, reflecting efficient equity use and strong profitability [6] - The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stands at $31.03 billion, which is 86.19x above the industry average, showcasing robust cash flow generation [6] - Gross profit is $43.72 billion, indicating 47.01x above the industry average, demonstrating strong profitability from core operations [6] - Revenue growth of 9.63% surpasses the industry average of 7.09%, indicating robust sales expansion and market share gain [6] Debt to Equity Ratio - Apple's debt-to-equity (D/E) ratio is 1.54, positioning it in the middle compared to its top four peers, suggesting a balanced financial structure [10] - The D/E ratio allows for a concise evaluation of financial health and risk profile, aiding in informed decision-making [8]