Insights Into Apple's Performance Versus Peers In Technology Hardware, Storage & Peripherals Sector

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluatingAppleAAPLand its primary competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company's performance within the industry.Apple BackgroundApple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.CompanyP/EP/BP/SROEEBITDA (in billions)Gross Profit (in billions)Revenue GrowthApple Inc33.2647.758.1137.11%$32.25$44.875.08%Super Micro Computer Inc26.394.541.421.72%$0.14$0.4419.48%Hewlett Packard Enterprise Co20.521.170.90-4.4%$0.87$2.175.87%Western Digital Corp22.634.451.495.86%$0.28$0.9130.94%NetApp Inc18.9220.663.4133.42%$0.43$1.193.84%Pure Storage Inc149.8214.966.01-1.1%$0.04$0.5412.26%Eastman Kodak Co12.940.890.53-1.66%$0.02$0.05-0.8%Turtle Beach Corp19.502.410.80-0.55%$0.0$0.0214.42%Average38.677.012.084.76%$0.25$0.7612.29%When closely examining Apple, the following trends emerge:The Price to Earnings ratio of33.26is0.86xlower than the industry average, indicating potential undervaluation for the stock.It could be trading at a premium in relation to its book value, as indicated by its Price to Book ratio of47.75which exceeds the industry average by6.81x.The Price to Sales ratio of8.11, which is3.9xthe industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.The company has a higher Return on Equity (ROE) of37.11%, which is32.35%above the industry average. This suggests efficient use of equity to generate profits and demonstrates profitability and growth potential.The company exhibits higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of$32.25 Billion, which is129.0xabove the industry average, implying stronger profitability and robust cash flow generation.Compared to its industry, the company has higher gross profit of$44.87 Billion, which indicates59.04xabove the industry average, indicating stronger profitability and higher earnings from its core operations.The company is witnessing a substantial decline in revenue growth, with a rate of5.08%compared to the industry average of12.29%, which indicates a challenging sales environment.Debt To Equity RatioThe debt-to-equity (D/E) ratio helps evaluate the capital structure and financial leverage of a company.Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.By analyzing Apple in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:Compared to its top 4 peers, Apple has a moderate debt-to-equity ratio of1.47, indicating a balanced financial structure.This suggests that the company maintains a reasonable level of debt while also leveraging equity financing.Key TakeawaysFor Apple in the Technology Hardware, Storage & Peripherals industry, the PE, PB, and PS ratios indicate that the stock is relatively undervalued compared to its peers. However, the high ROE, EBITDA, gross profit, and low revenue growth suggest that Apple is efficiently utilizing its resources and generating strong profits, despite slower revenue growth. Overall, Apple's financial performance is solid, with room for potential growth in the future.This article was generated by Benzinga's automated content engine and reviewed by an editor.AAPLApple Inc$210.250.14%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum25.95Growth32.10Quality75.09Value9.32Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:NewsMarketsTrading IdeasBZI-IA