AAPL
Apple Inc.
AAPL has the edge over ASYS overall, supported by lower modeled downside and stronger fundamentals.
ASYS
Amtech Systems, Inc.
ASYS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
ASYS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
ASYS's revenue, profitability, cash flow and balance sheet are all currently healthy.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL has the edge over ASYS in the historical PE scenario, which offers more potential upside but is not a forecast.
ASYS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.2x | $2.48 | -80% |
| Fair | 32x | $8.65 | -30% |
| Forward | 35x | $12.43 | — |
| Current | 46x | $12.43 | — |
| Expensive | 78x | $20.98 | +69% |
Historical ranges are pointers, not guarantees.
ASYS's PE is in its fair range at 46x. If earnings grow as analysts expect, today's price would be 35x next year's earnings.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
ASYS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Weakening | |
| Limited | |
| High |
ASYS has the edge over AAPL on the outlook, with more favorable valuation expectations.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over ASYS on earnings, with more consistent year-over-year improvement.
ASYS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.36 | +33% |
| Q2 2026 | $0.27 | +$2.51 |
| Q1 2026 | $0.18 | +$2.40 |
| Q4 2025 | -$2.13 | -2762% |
| Q3 2025 | -$2.12 | -$1.52 |
| Q2 2025 | -$2.24 | -$0.83 |
| Q1 2025 | -$2.22 | -$0.71 |
| Q4 2024 | $0.08 | +$1.43 |
| Q3 2024 | -$0.60 | +$0.29 |
ASYS has returned to profit: it earned $0.27 per share over the past year, after losing money the year before.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL has the edge over ASYS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over ASYS on profitability, with a higher operating margin.
ASYS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $22.4M | +14% |
| Q1 2026 | $20.5M | +31% |
| Q4 2025 | $19M | -22% |
| Q3 2025 | $19.8M | -18% |
| Q2 2025 | $19.6M | -27% |
| Q1 2025 | $15.6M | -39% |
| Q4 2024 | $24.4M | -2.1% |
| Q3 2024 | $24.1M | -13% |
ASYS's revenue is recovering but still below its 2023 peak: $22M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 9.9% | +5.2 points |
| Q1 2026 | 8.8% | +212 points |
| Q4 2025 | 4.1% | +2.7 points |
| Q3 2025 | 9.3% | +9.2 points |
| Q2 2025 | 4.7% | +1.6 points |
| Q1 2025 | -203% | -208 points |
| Q4 2024 | 1.4% | +37 points |
| Q3 2024 | 0.1% | +42 points |
ASYS's operating margin was 9.9% last quarter, up 5.2 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
ASYS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $994K | -50% |
| Q1 2026 | $1.9M | +843% |
| Q4 2025 | $3.8M | +40% |
| Q3 2025 | $2M | +54% |
| Q2 2025 | $2M | +515% |
| Q1 2025 | $201K | +$1.1M |
| Q4 2024 | $2.7M | -35% |
| Q3 2024 | $1.3M | +$2.8M |
ASYS has the edge over AAPL on cash flow, with more consistent year-over-year improvement.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over ASYS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
ASYS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +1.1M shares |
| 1 year | +12% | +1.7M shares |
| 3 years | +14% | +2M shares |
| 5 years | +12% | +1.7M shares |
| Available history | +12% | +1.7M shares |
ASYS has 16M diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $1.4M |
| Q4 2021 | $2.7M |
| Q3 2020 | — |
| Q2 2020 | — |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL's net debt is less than a year of its operating earnings (EBITDA).
ASYS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -9.2x | Net Cash |
| Q1 2026 | -3.1x | Net Cash |
| Q4 2024 | -2.4x | Net Cash |
| Q2 2023 | -0.7x | Net Cash |
| Q1 2023 | -0.4x | Net Cash |
| Q4 2022 | -3.0x | Net Cash |
| Q3 2022 | -2.5x | Net Cash |
| Q2 2022 | -2.9x | Net Cash |
ASYS has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
ASYS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.2 | Neutral |
| Stochastic | 14.1 | Oversold |
ASYS's weekly RSI is 42 (neutral) and its Stochastic is 14 (oversold).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL has the edge over ASYS on valuation relative to its sector.
ASYS PE vs Technology Sector
| Metric | ASYS | Sector median | Relative |
|---|---|---|---|
| PE | 46x | 28x | 65% above |
| PE % | 60 | 35 | 25 pts above |
ASYS is trading at 46x earnings, a 65% premium to the Technology sector's median of 28x.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over ASYS on trend strength, trading above more of its moving averages.
ASYS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.0 | 11% below |
| 20 week MA | $15.1 | 18% below |
| 50 week MA | $15.3 | 19% below |
| 100 week MA | $10.5 | 19% above |
| 200 week MA | $8.74 | 42% above |
ASYS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 42% above its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over ASYS on returns for 2026, with the stronger performance.
ASYS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.01 | $6.13 | -13% |
| 2021 | $6.13 | $9.49 | +55% |
| 2022 | $9.49 | $7.85 | -17% |
| 2023 | $7.85 | $4.20 | -46% |
| 2024 | $4.20 | $5.54 | +32% |
| 2025 | $5.54 | $12.8 | +130% |
| 2026 YTD | $12.8 | $12.4 | -2.6% |
ASYS's yearly returns have swung widely, from +130% in 2025 to −46% in 2023. It's down 2.6% so far in 2026.