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Valuecruncher provides a starting point for your valuation by automatically generating estimates for each of the key inputs. You can modify these estimates with your own values and Valuecruncher will update the valuation.
Your Valuation
10 June 2008 |
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Valuation Details
| Member: | TheCrunchBlog |
| On: | 23 Sep 2008 |
| Views: | 398 |
| Comments: | 1 |
| Updated: | 2 hours ago |
| Ticker: | AAPL |
| Market: | NASD |
This valuation is part of this blog post:
http://blog.valuecruncher.com/2008/09/running-the-numbers-–-apple-aapl-looks-cheap/
Valuecruncher produces a valuation of US$163.98 for AAPL. This is a current valuation not a target price. This valuation is 25% above the current share price of US$131.05 (note our model picks up an earlier price of US$140.91 because we completed the valuation earlier).
Assumptions
Our assumptions are revenues of US$32.5 billion in 2008 growing to US$50.0 billion in 2010. We have used an EBITDA margin of 20.5% in 2008 dropping to 19.5% in 2010. We used a terminal growth rate of 5.75%. We used a terminal capital expenditure number of US$1.25 billion. We have used a WACC (discount rate) of 10.0%. All of these assumptions can be amended in the Valuecruncher on-line valuation model to adjust the valuation.