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AAPL - Apple Inc.

S&P 500 · Comparison index: S&P 500 Index · Build: 16 Jun 2026 · 02:40 UTC
AssetNextPRO
Peer-Score:
67%
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Market comparison
In 25 of 48 months, Apple Inc. has outperformed the S&P 500 — roughly in line.
Over the last 6 months, Apple Inc. is up 6.8%, while the S&P 500 is up 9.5% — roughly in line with the index.
Apple Inc. ranks above the median in all three dimensions (quality, growth, trend) within the S&P 500.
Trend has run far — valuation has followed it up.
Vs. peers
Peer standingabove the median
Strongest dim.Quality · Strong
Weakest dim.Stability & Risk · Around average
Trend / marketAbove EMA200 (+11.6%)
Peer trust20 peers · Stable
ENTRY TODAY
Elevated price zoneabove norm
TODAY (5y history)98th pct today
0th50th100th
Today the stock sits in a historically elevated range and its multiple is above its own norm.
Describes where today's entry sits in the stock's own long-term price and valuation history. Descriptive only. Not investment advice.
Overview

1Key fundamentals

Valuation
P/E (TTM)35.20
Forward P/E30.34
Valuation vs Index Norm (4Y)Index: Top 73%1.40×●
Valuation is above the index median.
Stability & Risk
Volatility 1Y (Index)Index: Top 19%22.70%●
Max drawdown 5Y (Index)Index: Top 28%-33.36%●
Beta vs. index
Index: Top 80% (lower beta)
1.21
●
Risk looks roughly middle of the pack.
Quality
Return on invested capital (ROIC)Index: Top 2%91.41%●
Return on equity (ROE)Index: Top 2%141.47%●
Operating marginIndex: Top 22%32.27%●
The business looks strong and is backed by good capital returns.
Growth
Revenue growth (YoY, index-relative)Index percentile: 76% (Bottom 24%)
16.60%
 ●
Earnings growthIndex: Top 41%
21.80%
●
Growth is above the index median.
Dividend (secondary)
Dividend yieldIndex: Top 91%0.44%●
Informational only — does not affect Peer Score or ranking.
Structural Read
Premium Hinges on Innovation Story

Apple’s valuation reflects its innovation and ecosystem integration alongside hardware performance. With an operating margin of 29.8%, Apple leads the sector, but the market assigns a P/E ratio of 30.2, indicating a premium linked to expectations of technological advancement and service integration. Because Apple’s differentiation depends on its combination of hardware, services, and ecosystem lock-in, product launches and service updates directly drive how the market prices the company’s platform relevance—rewarding momentum with a higher premium and reacting swiftly to any slowdown. The market withdraws this premium quickly in response to any disappointment in innovation or services—a single setback is enough to compress the premium sharply.

AssetNext · 2026-06-14 · Rule-based and descriptive. Not investment advice.

2 How the stock usually behaves

Shows what the stock usually responds to. It does not tell you whether the company is good or bad. · sp500
PrimaryMore story-driven
SecondaryGrowth-driven
CoherenceLow
The price here is driven more by expectations and stories than only by the day-to-day business. Behavioural coherence is low, so these patterns are less stable over time.
Reacts strongly in nervous market phasesMid (47thth pct)
Drawdown vs own historyMid (49thth pct)
StabilityMid
Price sensitivityMid
Market confirmationMid
Show additional signals
Growth dependenceHigh
Sensitive to growth expectations and changing assumptions.
Sensitivity to the economic cycleMid
Sensitive to economic and macro phases.
Price is drifting away from the businessHigh
Price is drifting away from the business
Behavioural profile and signals describe core and historical relationships. They do not express investment merit or action guidance.
Comparisons

3 Index comparison

Broad-market comparison only. No peer comparison.
ValuationIndex: Top 73%●
QualityIndex: Top 6%●
Stability & RiskIndex: Top 49%●
GrowthIndex: Top 33%●
Versus the broad market, Quality is above the usual level. Overall, the market is giving more tailwind than headwind. Peer ranking remains the primary lens for interpretation.

4 Overall grade (Peer Score) PRO

The Peer-Score places the company against similar businesses on valuation, quality, risk/stability and growth. This is the primary verdict block.
Overall
67%
Valuation
51%
mid-range
Quality
91%
upper range
Stability & Risk
49%
mid-range
Growth
75%
upper range
Score weighting
Profile
Score (current profile)
n/a
Comparison basisFunctional peers · Peer universe: SP500 → RUSSELL1000
Peer universe20 peers · Stable
Coverage qualityMid
Selection modeComparison with companies that developed similarly over time, even across sectors.
Bottom line
Organized by dimension: Valuation is in the middle of the peer group. Quality is in the upper range of the peer group. Stability & Risk is in the middle of the peer group. Growth is in the upper half of the peer group.
Note: values are peer-relative (percentiles, 0-100). Higher means better relative to peers.

Peer comparison PRO

Comparison basis Functional peers · Peer universe: SP500 → RUSSELL1000
Universe SP500
Coverage 20 peers · Stable · Tight
Scope cross-sector · trajectory-driven · basis for Peer Score
Peer map
Quality metric: Return on Invested Capital (ROIC)
Dashed lines indicate peer medians · Bubble size reflects market capitalization · Gold bubble marks the focus company.
Selected: 1 focus + 20 peers · Available: 1 focus + 20 peers (5 missing required metrics) · ~11 of 16 shown (main + neighbors + extremes) · Map values may be capped; table shows raw.
Map readingApple Inc. is in the upper right: strong Return on Invested Capital (ROIC), but with an above-median P/E relative to peers.
Peer comparison (selected metrics)
Peer-relative metrics within the functional peer group.
#TickerCompanyP/EQualityMarket Cap
1AAPLApple Inc.35.291.4%ROIC3.69T
2AMATApplied Materials, Inc.53.531.4%ROIC388.7B
3ACNAccenture plc14.0-ROIC90.4B
4MNSTMonster Beverage Corporation44.831.8%ROIC78.4B
5ADBEAdobe Inc.11.757.3%ROIC70.8B
Show more (15)
#TickerCompanyP/EQualityMarket Cap
6ITWIllinois Tool Works Inc.23.928.5%ROIC63.9B
7MSIMotorola Solutions, Inc.33.221.7%ROIC59.1B
8TELTE Connectivity plc21.510.5%ROIC53.0B
9IDXXIDEXX Laboratories, Inc.41.344.4%ROIC38.2B
10YUMYum! Brands, Inc.24.937.5%ROIC36.7B
11NTAPNetApp, Inc.25.5272.4%ROIC27.3B
12FICOFair Isaac Corporation37.556.5%ROIC23.6B
13CTSHCognizant Technology Solutions Corporation11.315.4%ROIC21.3B
14MTDMettler-Toledo International Inc.26.643.6%ROIC20.1B
15BRBroadridge Financial Solutions, Inc.15.516.0%ROIC14.3B
16SEICSEI Investments Company15.634.5%ROIC11.0B
17ITGartner, Inc.15.741.4%ROIC10.6B
18MANHnan40.0-ROIC8.5B
19CRUSnan20.9-ROIC8.3B
20VNTnan10.3-ROIC4.1B
Valuation comparison (P/E vs peers)
+55% vs peer median
KGV: 35.20 · Peer median: 22.72 · Rank: 16/21

P/E vs peers (functional)

Peer P/E
Outperformance & resilience detail
Outperformance (1Y)
+20% vs index
Peer rank: {rank} · Informational (not part of Peer Score): 4/21 · Informational (not part of Peer Score)

Outperformance vs index (1Y)

Peer outperformance vs index (1Y)
Outperformance shows how much better or worse the stock did over one year than the comparison index. Extra why it matters only — not part of the Peer Score.
Outperformance table
All peers listed below.
Sort:
Ticker Company Outperformance vs index (1Y) P/E Revenue (Last FY, bn) Net income (Last FY, bn)
AAPLnan19.6%35.20416.16112.01
ACNnan-57.8%13.9769.677.68
ADBEnan-60.1%11.6723.777.13
AMATnan169.8%53.4628.377.00
BRnan-51.4%15.506.890.84
CRUSCirrus Logic, Inc.29.3%20.932.000.41
CTSHnan-48.4%11.3221.112.23
FICOnan-47.0%37.461.990.65
IDXXnan-13.4%41.334.301.06
ITnan-72.4%15.686.500.73
ITWnan-12.4%23.9216.043.07
LOPEGrand Canyon Education, Inc.-37.7%18.461.110.22
MANHManhattan Associates, Inc.-40.3%40.031.080.22
MNSTnan17.1%44.858.291.91
MSInan-19.4%33.2211.682.15
MTDnan-22.2%26.594.030.87
NTAPnan28.2%25.456.921.28
SEICnan-13.8%15.562.300.72
TELnan5.3%21.5117.261.84
VNTVontier Corporation-35.0%10.343.080.41
YUMnan-12.4%24.898.211.56

5Market backdrop & chart picture

Trend state and market evidence.
Market position
EMA200229.20 EUR●
Distance to EMA20011.62%
Technical indicators (Pro)
RSI (14): 40.2 (neutral range)
MACD: MACD line below signal line (Δ -3.146)
Trend of the comparison indexRisk-on / Turbulent

Price & EMA200

Price & EMA200
The price is currently +11.6% above the EMA200. That gives the short-term picture more support.
If shown, blue bands mark phases where the stock clearly moved differently from the comparison index.

Relative Strength vs. S&P 500 Index

Relative Strength (Stock/Index)
Relative strength
Relative strength was above the index baseline for most of the period and is currently still above it.
Event intensity (3Y) vs. S&P 500 IndexEvent intensity (3Y, unitless)
Event coverage is limited (0 downside, 0 upside events) — no robust event-profile summary available.
Multi-year view

How Apple Inc. has developed over the years

Revenue pathGrowing
Margin pathImproving
Revenue trajectory (index, start=100)
Revenue index: 106 (base=100)
Annual data · 4 points · Index base = 100
Margin why it matters (operating)
Operating margin: 32.0%
Revenue: +5% vs startMargin: +0.7 pp slope
Historical development only. Indexed values (base = 100). No forecast or investment recommendation.
Peer comparisons use similar businesses, not just companies from the same sector.
All outputs are descriptive why it matters only — no investment advice.
Comparison index: S&P 500 Index (^GSPC).
Some charts use display caps for readability; underlying values are shown raw.
Peer coverage may be limited for smaller or niche companies.
Tier: Pro · Build: 2026-06-16 02:40 UTC
Methodology & Notes
Scoring framework
Peer Score (0–100) positions a company across four dimensions: valuation, quality, stability, and growth — each using peer-relative percentile rankings.
The overall score combines dimensions using a weighted composite. Share classes are merged to avoid self-comparison (e.g., GOOG and GOOGL count as one).
Valuation
Valuation uses P/E relative to the index's 4-year norm and peer-relative percentiles. Forward P/E is used as a fallback when trailing P/E is unavailable.
When earnings are negative, P/E-based valuation is not meaningful and is handled via regime classification.
Outlier handling
Raw financial metrics are shown without adjustment.
For peer scoring, extreme outliers are soft-capped to prevent percentile distortion. This does not change displayed values.
Peer map
The peer map plots P/E (x-axis) versus ROIC (y-axis) within the selected peer group. Operating margin or ROE is used as a fallback when ROIC is unavailable, and is labelled accordingly.
Dashed lines show peer medians. Bubble size reflects market capitalisation. P/E is capped at 100 in the chart for readability; table values remain raw.
Functional peers
Functional peers are selected based on similar long-term revenue, margin, and capital-efficiency trajectories — not sector or industry labels.
Peers may span sectors and are used for core orientation, not precise like-for-like comparisons.
Resilience vs. Index (Pro)
Resilience measures index-relative recovery in the 1-year window after drawdown events. Values above 1.0 mean the stock recovered better than the comparison index.
The analysis is omitted when event coverage is insufficient.
Market behaviour signals (Pro)
Relative strength (stock vs. index ratio) shows index-relative price performance — descriptive, not a forecast.
RSI and MACD are extra why it matters only. They do not change the Peer Score.
Trajectory why it matters (Pro)
Long-term trajectory shows indexed revenue and operating margin trends over available annual data — historical and descriptive only.