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Apple is already massively undervalued. $884B market cap. $150B in free cash (which you can effectively take off the top of the market cap). So an adjusted ma
by kondro 9y ago
Apple is already massively undervalued.
$884B market cap.
$150B in free cash (which you can effectively take off the top of the market cap).
So an adjusted market cap of $734B.
A net income after tax (yes, they still pay tax) of $48B.
So an adjusted P/E of 15.3x.
Some other P/Es of popular tech companies:
Facebook: 33.14x
Google: 35.03x
Salesforce: 12,992x
Amazon: 293.84
Intuit: 41.36
Twitter: Can't have a P/E if you don't make money.