I hope you realize how simplistic you are being. Does Apple give its shareholders all of its profits? Hardly. It is interesting to theorize what a stock price

I hope you realize how simplistic you are being. Does Apple give its shareholders all of its profits? Hardly. It is interesting to theorize what a stock price for a firm that cannot be purchased by another firm (at least extraordinarily unlikely to be purchased) and that doesn't pay dividends means. People about all sorts of measures of return. However, very few talk about equity being debt.