Compare Stocks › AAPL vs INCY
Apple Inc. (AAPL) vs Incyte Corporation (INCY)
AAPL
Apple Inc.
$248.96
VS
INCY
Incyte Corporation
$92.95
Rewards
AAPL
- ★Apple Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
- ★Apple Inc. scores 96/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
- ★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.
INCY
- ★Free cash flow has grown at a 14.2% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★Share count has been reduced by 11% over the past 4 years through buybacks, increasing each share's claim on earnings.
- ★Trailing P/E of 14.5x is 89% below the historical average of 130.7x — potentially undervalued relative to its own history.
Risks
AAPL
- ⚠FCF yield of 2.9% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠12 insider sales with no purchases over the past 12 months — a persistent pattern of insider selling.
INCY
- ⚠FCF yield of 7.2% suggests reasonable valuation assuming continued moderate growth.
- ⚠Insiders have sold $4.7M worth of stock in the past 3 months — significant insider liquidation.
Key Valuation Metrics
Learn more →AAPL
INCY
Valuation
$106.31B
Free Cash Flow
$1.33B
2.91%
FCF Yield
7.19%
31.55
Trailing P/E
14.50
26.71
Forward P/E
10.75
Quality & Moat
68.12%
ROIC
19.89%
127.01%
ROE
24.90%
47.33%
Gross Margin
52.88%
1.72
PEG Ratio
0.33
Balance Sheet Safety
1.03
Debt / Equity
0.01
N/A
Interest Coverage
N/A
0.15
Net Debt / EBITDA
-2.45
0.42%
Dividend Yield
N/A
AAPL: 3Ties: 1INCY: 7
AAPLINCY
Historical Fundamentals
Learn more →AAPL
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
INCY
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →AAPL
$7.57
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$257.06B
Δ Market Cap
+$1.94T
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
INCY
$0.89
created per $1 retained over 3 years
Mediocre Allocator
Σ Retained
$1.92B
Δ Market Cap
+$1.71B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →AAPL
38.3% Overvalued
Price is 38.3% above estimated fair value
Current Price: $248.96
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $179.99
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
INCY
62.4% Margin of Safety
Price is 62.4% below estimated fair value
Current Price: $92.95
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $247.14
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →AAPL
What growth rate is the market pricing in at $249?
+14.5%
Market-Implied Owner Earnings Growth
Standard FCF implies +15.2%
The market implies +14.5% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +15.2%, reflecting heavy growth investment.
INCY
What growth rate is the market pricing in at $93?
+0.3%
Market-Implied Owner Earnings Growth
Standard FCF implies -0.2%
The market implies +0.3% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding -0.2%, reflecting heavy growth investment expected to generate future returns.
Economic Moat Score
Learn more →AAPL
96/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
INCY
64/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving margin stability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →AAPL
-2.29
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
INCY
-2.43
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →AAPL
Insiders 1.6%Institutions 65.3%Retail & Other 33.1%
No. of Institutional Holders7,544
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
INCY
Insiders 1.9%Institutions 104.7%
No. of Institutional Holders1,222
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →AAPL
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
INCY
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →AAPL
0
Sells (3M)
12
Sells (12M)
Total value (12M): $129.96M
KONDO CHRISTOPHER
Officer
$1.02M
@ $271.23 · 2025-11-07
PAREKH KEVAN
Chief Financial Officer
$1.04M
@ $247.39 · 2025-10-16
O'BRIEN DEIRDRE
Officer
$11.07M
@ $257.39 · 2025-10-02
COOK TIMOTHY D
Chief Executive Officer
$33.38M
@ $256.81 · 2025-10-02
ADAMS KATHERINE L
General Counsel
$12.10M
@ $256.79 · 2025-10-02
LEVINSON ARTHUR D
Director
$20.89M
@ $232.07 · 2025-08-28
O'BRIEN DEIRDRE
Officer
$7.77M
@ $223.20 · 2025-08-08
KONDO CHRISTOPHER
Officer
$933,955
@ $208.19 · 2025-05-12
PAREKH KEVAN
Chief Financial Officer
$941,420
@ $206.00 · 2025-04-23
WILLIAMS JEFFREY E
Chief Operating Officer
$7.95M
@ $224.01 · 2025-04-02
COOK TIMOTHY D
Chief Executive Officer
$24.18M
@ $223.65 · 2025-04-02
ADAMS KATHERINE L
General Counsel
$8.68M
@ $223.67 · 2025-04-02
LEVINSON ARTHUR D
Director
$343,147
@ $226.35 · 2025-02-03
LEVINSON ARTHUR D
Director
$45.46M
@ $227.32 · 2024-11-19
KONDO CHRISTOPHER
Officer
$945,233
@ $228.87 · 2024-11-18
MAESTRI LUCA
Chief Financial Officer
$13.43M
@ $226.52 · 2024-10-04
O'BRIEN DEIRDRE
Officer
$13.84M
@ $226.87 · 2024-10-02
WILLIAMS JEFFREY E
Chief Operating Officer
$13.55M
@ $226.86 · 2024-10-02
COOK TIMOTHY D
Chief Executive Officer
$50.28M
@ $224.46 · 2024-10-02
ADAMS KATHERINE L
General Counsel
$13.80M
@ $226.20 · 2024-10-02
KONDO CHRISTOPHER
Officer
$1.96M
@ $225.00 · 2024-08-15
KONDO CHRISTOPHER
Officer
$1.12M
@ $216.50 · 2024-08-09
ADAMS KATHERINE L
General Counsel
$20.64M
@ $206.44 · 2024-08-05
LEVINSON ARTHUR D
Director
$14.37M
@ $191.58 · 2024-05-30
KONDO CHRISTOPHER
Officer
$951,785
@ $190.40 · 2024-05-15
MAESTRI LUCA
Chief Financial Officer
$9.26M
@ $174.12 · 2024-04-11
O'BRIEN DEIRDRE
Officer
$9.24M
@ $168.91 · 2024-04-02
COOK TIMOTHY D
Chief Executive Officer
$33.26M
@ $169.33 · 2024-04-02
ADAMS KATHERINE L
General Counsel
$9.24M
@ $168.90 · 2024-04-02
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
INCY
3
Sells (3M)
31
Sells (12M)
Total value (12M): $38.32M
CAGNONI PABLO J
Officer
$1.88M
@ $100.91 · 2026-02-19
ISSA MOHAMED KHAIRIE
Officer
$1.18M
@ $109.07 · 2026-01-07
STEIN STEVEN H.
Officer
$1.59M
@ $101.70 · 2026-01-05
TRAY THOMAS R
Officer
$336,350
@ $99.69 · 2025-12-19
MORRISSEY MICHAEL JAMES
Officer
$5.68M
@ $97.29 · 2025-12-17
MAYES PATRICK A
Officer
$554,965
@ $95.55 · 2025-12-11
STEIN STEVEN H.
Officer
$2.32M
@ $102.56 · 2025-12-02
TRAY THOMAS R
Officer
$79,038
@ $102.78 · 2025-11-24
DENTON SHEILA A
General Counsel
$29,012
@ $104.36 · 2025-11-17
HOPPENOT HERVE
Director
$19.77M
@ $105.46 · 2025-11-10
STEIN STEVEN H.
Officer
$534,813
@ $102.20 · 2025-11-05
DENTON SHEILA A
General Counsel
$60,613
@ $101.36 · 2025-11-04
HEESON LEE
Officer
$289,017
@ $94.02 · 2025-11-03
DENTON SHEILA A
General Counsel
$23,581
@ $85.13 · 2025-10-15
DENTON SHEILA A
General Counsel
$351,978
@ $85.85 · 2025-10-03
DENTON SHEILA A
General Counsel
$23,116
@ $83.15 · 2025-09-16
DENTON SHEILA A
General Counsel
$50,812
@ $84.97 · 2025-09-02
DENTON SHEILA A
General Counsel
$24,046
@ $86.81 · 2025-08-15
DENTON SHEILA A
General Counsel
$45,310
@ $75.77 · 2025-08-04
STEIN STEVEN H.
Officer
$251,786
@ $67.94 · 2025-07-21
DENTON SHEILA A
General Counsel
$286,296
@ $69.57 · 2025-07-16
IYENGAR VIJAY K
Officer
$67,198
@ $68.36 · 2025-07-16
FLANNELLY BARRY P.
Officer
$91,602
@ $68.36 · 2025-07-16
IYENGAR VIJAY K
Officer
$82,225
@ $69.86 · 2025-07-15
FLANNELLY BARRY P.
Officer
$83,273
@ $69.86 · 2025-07-15
STEIN STEVEN H.
Officer
$1.02M
@ $68.47 · 2025-07-14
IYENGAR VIJAY K
Officer
$587,275
@ $68.15 · 2025-07-03
FLANNELLY BARRY P.
Officer
$743,039
@ $68.15 · 2025-07-03
DENTON SHEILA A
General Counsel
$41,097
@ $68.61 · 2025-07-02
DENTON SHEILA A
General Counsel
$122,060
@ $68.00 · 2025-06-03
TRAY THOMAS R
Officer
$105,516
@ $65.38 · 2025-06-02
FLANNELLY BARRY P.
Officer
$1.34M
@ $67.69 · 2025-03-14
DENTON SHEILA A
General Counsel
$41,924
@ $69.99 · 2025-03-04
DENTON SHEILA A
General Counsel
$1.04M
@ $74.07 · 2025-02-26
STEIN STEVEN H.
Officer
$897,867
@ $72.69 · 2025-01-21
TRAY THOMAS R
Officer
$90,968
@ $69.98 · 2024-12-16
IYENGAR VIJAY K
Officer
$455,544
@ $75.38 · 2024-11-29
FLANNELLY BARRY P.
Officer
$293,210
@ $79.68 · 2024-11-06
TRAY THOMAS R
Officer
$60,209
@ $63.11 · 2024-09-13
DICKINSON JONATHAN ELLIOTT
Officer
$526,948
@ $62.36 · 2024-09-12
STEIN STEVEN H.
Officer
$703,793
@ $60.63 · 2024-08-12
IYENGAR VIJAY K
Officer
$1.09M
@ $70.00 · 2024-07-25
FLANNELLY BARRY P.
Officer
$83,832
@ $64.19 · 2024-07-16
FLANNELLY BARRY P.
Officer
$488,880
@ $60.00 · 2024-07-09
FLANNELLY BARRY P.
Officer
$1.15M
@ $60.00 · 2024-06-12
TRAY THOMAS R
Officer
$64,389
@ $58.91 · 2024-06-06
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →AAPL
😐Neutral(52/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
INCY
😐Neutral(43/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →AAPL
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (52)
INCY
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (43)