Apple - Undervalued Based On PEG
Contributor Since 2011
5 year average earnings growth rate: ~64%
5 year average revenue growth rate: ~37%
Current growth rate reflected by current price: ~17%
Analyst consensus growth rate estimates (5 years):~20%
see the numbers here:
hotstocks.mygroupmedia.com/PEGAnalysis.a...
It might be good to be a little bit cautious on the 64% earnings growth rate. No doubt it is great but it's really difficult to be sustained over a long peroid of time, especially when we see the revenue growth rate is 37%. That means Apple keeps increasing its margins significantly in the past 5 years. To maintain this kind of growth rate on income, revenue, and margin requires absolute top notch management, products, and, a bit of luck.
see the rest of the article here:
hotstocks.mygroupmedia.com/DisplayArticl...