AAPL
Apple Inc.
AAPL has slightly lower modeled downside risk, despite its lower overall score.
RELL
Richardson Electronics, Ltd.
RELL has a slight edge over AAPL overall, supported by stronger modeled upside and stronger valuation.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
RELL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Healthy |
RELL's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
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 RELL in the historical PE scenario, which offers more potential upside but is not a forecast.
RELL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.8x | $6.45 | -67% |
| Fair | 16x | $10.71 | -46% |
| Forward | 26x | $19.74 | — |
| Current | 30x | $19.74 | — |
| Expensive | 111x | $73.11 | +270% |
Historical ranges are pointers, not guarantees.
RELL's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 26x 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.
RELL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RELL has the edge over AAPL on the outlook, with more favorable valuation and 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 has the edge over RELL on earnings, with more consistent year-over-year improvement.
RELL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.75 | +14% |
| Q3 2026 | $0.66 | +3200% |
| Q2 2026 | $0.50 | +$0.59 |
| Q1 2026 | $0.30 | +$0.49 |
| Q4 2025 | $0.06 | +100% |
| Q3 2025 | $0.02 | +$0.09 |
| Q2 2025 | -$0.09 | -$0.08 |
| Q1 2025 | -$0.19 | -158% |
| Q4 2024 | $0.03 | -96% |
RELL's earnings per share have fallen from their peak: $0.66 over the past year, against $2.15 in early 2023.
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 RELL on sales, with stronger typical year-over-year growth.
| 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 RELL on profitability, with a higher operating margin.
RELL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $64.9M | +19% |
| Q2 2026 | $66.2M | +28% |
| Q1 2026 | $55.5M | +3.1% |
| Q4 2025 | $52.3M | +5.7% |
| Q3 2025 | $54.6M | +1.6% |
| Q2 2025 | $51.9M | +9.5% |
| Q1 2025 | $53.8M | +2.7% |
| Q4 2024 | $49.5M | +12% |
RELL's revenue has grown year over year for nine quarters in a row: $65M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.9% | +6.1 points |
| Q2 2026 | 5.8% | +4.6 points |
| Q1 2026 | 2.7% | +7.8 points |
| Q4 2025 | 0.3% | +1.6 points |
| Q3 2025 | 1.8% | +1.2 points |
| Q2 2025 | 1.2% | +1.5 points |
| Q1 2025 | -5.1% | -7 points |
| Q4 2024 | -1.4% | +3.2 points |
RELL's operating margin was 7.9% last quarter, up 6.1 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.
RELL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.2M | +1121% |
| Q2 2026 | $1.2M | +$1.9M |
| Q1 2026 | -$3.4M | -184% |
| Q4 2025 | -$1.7M | -134% |
| Q3 2025 | $342K | +$856K |
| Q2 2025 | -$745K | -112% |
| Q1 2025 | $4.1M | +$7M |
| Q4 2024 | $4.9M | +$5.7M |
RELL still generates free cash flow, though less than at its 2024 peak: $213,000 over the past year.
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 RELL 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.
RELL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.6% | +334K shares |
| 1 year | +3.8% | +480K shares |
| 3 years | +3.9% | +485K shares |
| 5 years | +14% | +1.6M shares |
| Available history | -0.8% | -111K shares |
RELL has 13M diluted shares, up 3.8% from a year ago.
| Quarter | Spent |
|---|---|
| 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).
RELL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.6x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -4.2x | Net Cash |
| Q4 2025 | -11.7x | Net Cash |
| Q3 2025 | -16.8x | Net Cash |
| Q2 2025 | -23.3x | Net Cash |
| Q1 2025 | -40.0x | Net Cash |
| Q4 2024 | -5.6x | Net Cash |
RELL 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).
RELL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.9 | Neutral |
| Stochastic | 55.8 | Neutral |
RELL's weekly RSI is 57 (neutral) and its Stochastic is 56 (neutral).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
RELL PE vs Technology Sector
| Metric | RELL | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 28x | 7% above |
| PE % | 59 | 35 | 24 pts above |
RELL has the edge over AAPL on valuation relative to its sector.
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 is in an uptrend: it's above all five of its weekly moving averages, and 57% above its 200-week average.
RELL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $18.8 | 5.1% above |
| 20 week MA | $18.2 | 8.3% above |
| 50 week MA | $15.2 | 30% above |
| 100 week MA | $13.0 | 52% above |
| 200 week MA | $13.3 | 49% above |
RELL has climbed back above all five of its weekly moving averages, and it's now 49% 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 finished higher in five of the last six years. It's up 30% so far in 2026.
RELL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.61 | $4.50 | -20% |
| 2021 | $4.50 | $12.4 | +176% |
| 2022 | $12.4 | $21.5 | +73% |
| 2023 | $21.5 | $13.4 | -38% |
| 2024 | $13.4 | $13.9 | +3.9% |
| 2025 | $13.9 | $10.6 | -23% |
| 2026 YTD | $10.6 | $19.7 | +86% |
RELL has the edge over AAPL on returns for 2026, with the stronger performance.