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STOCK COMPARISON

Apple vs Nvidia: Fair Value & Quality

Both stocks run through our valuation models. Here is how Apple (AAPL) and Nvidia (NVDA) compare, as of Sep 4, 2026.

As of Sep 4, 2026, Fair Value Calculator sees Apple as the less overvalued of the two: Apple trades at $328 versus a fair value of $172 (-48%), while Nvidia trades at $228 versus $98.98 (-57%).
Apple
AAPL · USD · Information Technology
-48%
upside to fair value
overvalued
Price$328
Fair Value$172
Quality82/100
Nvidia
NVDA · USD · Information Technology
-57%
upside to fair value
overvalued
Price$228
Fair Value$98.98
Quality74/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

AppleNvidia
Valuation
40.7×P/E (TTM)34.3×
10.24×P/S (TTM)20.16×
P/B32.48×
29.2×EV/EBITDA30.9×
2.56×PEG0.65×
−47.5%Fair value upside−56.7%
0.3%Dividend yield0.0%
$1.04Dividend per share$0.04
Profitability
32%Operating margin66%
1.33×EBIT margin trend (5Y)2.22×
141%Return on equity114%
26%Return on assets53%
Growth
17%Revenue growth (YoY)85%
1.8%Avg. growth/yr (3Y)100.0%
8.7%Avg. growth/yr (5Y)66.9%
+18.2%Value creation/yr+95.3%
Balance & size
Interest coverage (EBIT/interest)503.4×
1.06×Debt / equity0.05×
$4.6TMarket cap$5.1T
healthyGrowth qualityhealthy

Nvidia leads: 4 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Appleof which business quality 79 · market factors 71 Nvidiaof which business quality 74 · market factors 56
ProfitabilityMargins and returns on capital today
97
96
Quality GrowthAre margins and returns improving?
68
34
CashflowEarnings quality: real cash, not paper profit
77
81
Fin. StrengthBalance sheet, leverage, solvency risk
57
83
InvestmentDisciplined investing over empire-building
75
32
Low VolatilityCalm price path (market factor)
66
24
MomentumPrice trend over the last 3–12 months (market factor)
66
64
52W MomentumDistance to the 52-week high (market factor)
88
80
Net IssuanceBuybacks instead of dilution
100
91

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyApplePrice $328NvidiaPrice $228
DCF Models-40%below the price$197-31%below the price$157
Earnings-Based-70%below the price$98.15-35%below the price$148
Dividend Discount-94%below the price$20.06-100%below the price$0.77
Multiples-54%below the price$152-68%below the price$74.09
Asset-Based-99%below the price$3.36-98%below the price$4.35
Growth DCF-51%below the price$159-53%below the price$108
Economic Profit-73%below the price$87.59-54%below the price$106
Growth Earnings-46%below the price$178-11%close to the price$204
Minimum-99%below the price$3.36-100%below the price$0.77
Maximum-40%below the price$197-11%close to the price$204
Median-62%below the price$125-53%below the price$107
Geometric mean-79%below the price$68.65-81%below the price$43.69

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Apple: 26 of 26 models see the stock below the current price.

Nvidia: 24 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Apple
Bear $102Fair Value $172Bull $231
$328 = current price (white tick)
Nvidia
Bear $64.72Fair Value $98.98Bull $234
$228 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Apple · Information Technology

Quality score82 · Top 25%
Fair value upside-48% · below median

Nvidia · Information Technology

Quality score74 · Top 25%
Fair value upside-57% · below median

Bottom line

As of Sep 4, 2026, Fair Value Calculator sees Apple as the less overvalued of the two: Apple trades at $328 versus a fair value of $172 (-48%), while Nvidia trades at $228 versus $98.98 (-57%).

Apple has the higher quality score (82/100).

See the full analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.