AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
BELFA
Bel Fuse Inc.
BELFA has the edge over AAPL overall, supported by stronger valuation and stronger modeled upside.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
BELFA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
BELFA'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's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
BELFA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.4x | N/A | N/A |
| Fair | 11x | N/A | N/A |
| Forward | 15x | $184 | — |
| Expensive | 25x | N/A | N/A |
| Current | 48x | $184 | — |
Historical ranges are pointers, not guarantees.
BELFA's PE is 48x, but its earnings don't support one, so it isn't a reliable read right now.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
BELFA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
BELFA has the edge over AAPL on the outlook, with more favorable profitability 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 earned $8.98 per share over the past year, up 20% from the year before.
BELFA Earnings Per Share
BELFA and AAPL do not have enough comparable growth data to identify a winner.
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's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| 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 BELFA on profitability, with a higher operating margin.
BELFA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $220.5M | +23% |
| Q2 2026 | $210.7M | +25% |
| Q1 2026 | $178.5M | +17% |
| Q4 2025 | $175.9M | +17% |
| Q3 2025 | $179M | +45% |
| Q2 2025 | $168.3M | +26% |
| Q1 2025 | $152.2M | +19% |
| Q4 2024 | $149.9M | +7% |
BELFA has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | +1 points |
| Q2 2026 | 18% | +0.5 points |
| Q1 2026 | 13% | -3.2 points |
| Q4 2025 | 15% | +6.4 points |
| Q3 2025 | 17% | +7.7 points |
| Q2 2025 | 18% | +0.8 points |
| Q1 2025 | 16% | +2.5 points |
| Q4 2024 | 8.3% | -3.5 points |
BELFA's operating margin was 18% last quarter, up 1 points from the same quarter a year ago, near the top of its range since 2019.
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.
BELFA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28M | +38% |
| Q2 2026 | $15.7M | -6.6% |
| Q1 2026 | $11.2M | +109% |
| Q4 2025 | $26.1M | +1121% |
| Q3 2025 | $20.3M | -14% |
| Q2 2025 | $16.8M | -46% |
| Q1 2025 | $5.4M | +66% |
| Q4 2024 | $2.1M | -91% |
BELFA generated $81M in free cash flow over the past year, up 82% from the year before.
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 BELFA 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.
BELFA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +652 shares |
| 1 year | +14% | +1.8M shares |
| 3 years | +13% | +1.7M shares |
| 5 years | +16% | +2M shares |
| Available history | +18% | +2.2M shares |
BELFA has 14M diluted shares, up 14% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $1.9M |
| Q2 2024 | $7.9M |
| Q1 2024 | $6.3M |
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).
BELFA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.2x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | 1.1x | Healthy |
| Q4 2025 | 1.0x | Healthy |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 2.7x | Moderate |
BELFA 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).
BELFA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.1 | Neutral |
| Stochastic | 25.4 | Neutral |
BELFA's weekly RSI is 45 (neutral) and its Stochastic is 25 (neutral).
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 BELFA on valuation relative to its sector.
BELFA PE vs Technology Sector
| Metric | BELFA | Sector median | Relative |
|---|---|---|---|
| PE | 48x | 28x | 71% above |
| PE % | 87 | 35 | 52 pts above |
BELFA is trading at 48x earnings, a 71% premium to the Technology sector's median of 28x, though its earnings don't support one.
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 BELFA on trend strength, trading above more of its moving averages.
BELFA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.3 | 0% below |
| 20 week MA | $206.3 | 11% below |
| 50 week MA | $207.2 | 11% below |
| 100 week MA | $150.6 | 22% above |
| 200 week MA | $107.6 | 71% above |
BELFA has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 71% 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 BELFA on returns for 2026, with the stronger performance.
BELFA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.2 | $13.8 | -15% |
| 2021 | $13.8 | $14.2 | +2.8% |
| 2022 | $14.2 | $31.4 | +121% |
| 2023 | $31.4 | $64.6 | +106% |
| 2024 | $64.6 | $88.3 | +37% |
| 2025 | $88.3 | $157.4 | +78% |
| 2026 YTD | $157.4 | $184.2 | +17% |
BELFA has finished higher in five of the last six years, three of them by more than 50%. It's up 17% so far in 2026.