25.29 USD
+0.32 (+1.28%)
25.29 USD
0 (0%)
Overall APA gets a fundamental rating of 6 out of 10. We evaluated APA against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While APA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on APA. Finally APA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year APA was profitable.
APA had a positive operating cash flow in the past year.
APA had positive earnings in 4 of the past 5 years.
APA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APA's Return On Assets of 8.53% is amongst the best of the industry. APA outperforms 84.69% of its industry peers.
APA has a Return On Equity of 25.30%. This is amongst the best in the industry. APA outperforms 90.91% of its industry peers.
The Return On Invested Capital of APA (14.25%) is better than 91.87% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for APA is in line with the industry average of 21.47%.
The 3 year average ROIC (23.28%) for APA is well above the current ROIC(14.25%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.53% | ||
| ROE | 25.3% | ||
| ROIC | 14.25% |
ROA(3y)16.94%
ROA(5y)4%
ROE(3y)330.44%
ROE(5y)N/A
ROIC(3y)23.28%
ROIC(5y)17.78%
1.3 Margins
APA's Profit Margin of 15.65% is fine compared to the rest of the industry. APA outperforms 66.03% of its industry peers.
In the last couple of years the Profit Margin of APA has declined.
The Operating Margin of APA (30.75%) is better than 75.12% of its industry peers.
APA's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 69.21%, APA is doing good in the industry, outperforming 77.99% of the companies in the same industry.
APA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.75% | ||
| PM (TTM) | 15.65% | ||
| GM | 69.21% |
OM growth 3Y-0.88%
OM growth 5Y16.38%
PM growth 3Y-12.17%
PM growth 5YN/A
GM growth 3Y3.59%
GM growth 5Y-0.98%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), APA is creating value.
Compared to 1 year ago, APA has more shares outstanding
Compared to 5 years ago, APA has less shares outstanding
The debt/assets ratio for APA has been reduced compared to a year ago.
2.2 Solvency
APA has an Altman-Z score of 1.43. This is a bad value and indicates that APA is not financially healthy and even has some risk of bankruptcy.
APA's Altman-Z score of 1.43 is in line compared to the rest of the industry. APA outperforms 54.07% of its industry peers.
The Debt to FCF ratio of APA is 0.94, which is an excellent value as it means it would take APA, only 0.94 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.94, APA belongs to the best of the industry, outperforming 89.00% of the companies in the same industry.
A Debt/Equity ratio of 0.72 indicates that APA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.72, APA is not doing good in the industry: 64.11% of the companies in the same industry are doing better.
Even though the debt/equity ratio score it not favorable for APA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | 1.43 |
ROIC/WACC1.73
WACC8.22%
2.3 Liquidity
A Current Ratio of 0.78 indicates that APA may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.78, APA is doing worse than 69.38% of the companies in the same industry.
APA has a Quick Ratio of 0.78. This is a bad value and indicates that APA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.63, APA is doing worse than 69.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for APA have decreased strongly by -10.98% in the last year.
The Earnings Per Share has been growing by 245758.95% on average over the past years. This is a very strong growth
APA shows a small growth in Revenue. In the last year, the Revenue has grown by 4.88%.
APA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.45% yearly.
EPS 1Y (TTM)-10.98%
EPS 3Y-1.22%
EPS 5Y245758.95%
EPS Q2Q%-7%
Revenue 1Y (TTM)4.88%
Revenue growth 3Y6.84%
Revenue growth 5Y8.45%
Sales Q2Q%2.77%
3.2 Future
The Earnings Per Share is expected to grow by 10.32% on average over the next years. This is quite good.
The Revenue is expected to grow by 0.39% on average over the next years.
EPS Next Y-5.19%
EPS Next 2Y-8.93%
EPS Next 3Y-5.25%
EPS Next 5Y10.32%
Revenue Next Year3.85%
Revenue Next 2Y-4.8%
Revenue Next 3Y-2.27%
Revenue Next 5Y0.39%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
APA is valuated cheaply with a Price/Earnings ratio of 6.93.
Compared to the rest of the industry, the Price/Earnings ratio of APA indicates a rather cheap valuation: APA is cheaper than 89.47% of the companies listed in the same industry.
APA is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.15, the valuation of APA can be described as reasonable.
APA's Price/Forward Earnings ratio is rather cheap when compared to the industry. APA is cheaper than 83.73% of the companies in the same industry.
APA is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.93 | ||
| Fwd PE | 8.15 |
4.2 Price Multiples
94.26% of the companies in the same industry are more expensive than APA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, APA is valued cheaply inside the industry as 98.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.89 | ||
| EV/EBITDA | 2.4 |
4.3 Compensation for Growth
APA has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as APA's earnings are expected to decrease with -5.25% in the coming years.
PEG (NY)N/A
PEG (5Y)0
EPS Next 2Y-8.93%
EPS Next 3Y-5.25%
5. Dividend
5.1 Amount
APA has a Yearly Dividend Yield of 4.05%, which is a nice return.
Compared to an average industry Dividend Yield of 5.94, APA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, APA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
The dividend of APA has a limited annual growth rate of 1.06%.
APA has been paying a dividend for at least 10 years, so it has a reliable track record.
APA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.06%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
APA pays out 24.12% of its income as dividend. This is a sustainable payout ratio.
APA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.12%
EPS Next 2Y-8.93%
EPS Next 3Y-5.25%
25.29
+0.32 (+1.28%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners95.06%
Inst Owner Change0.85%
Ins Owners0.19%
Ins Owner Change0%
Market Cap8.97B
Revenue(TTM)9.64B
Net Income(TTM)1.51B
Analysts57.3
Price Target25.4 (0.43%)
Short Float %10.23%
Short Ratio4.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Yearly Dividend1.06
Dividend Growth(5Y)1.06%
DP24.12%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.1%
Min EPS beat(2)16.68%
Max EPS beat(2)79.53%
EPS beat(4)3
Avg EPS beat(4)25.8%
Min EPS beat(4)-19.51%
Max EPS beat(4)79.53%
EPS beat(8)4
Avg EPS beat(8)11.4%
EPS beat(12)8
Avg EPS beat(12)12.67%
EPS beat(16)10
Avg EPS beat(16)8.65%
Revenue beat(2)2
Avg Revenue beat(2)13.62%
Min Revenue beat(2)1.54%
Max Revenue beat(2)25.7%
Revenue beat(4)2
Avg Revenue beat(4)2.21%
Min Revenue beat(4)-12.36%
Max Revenue beat(4)25.7%
Revenue beat(8)3
Avg Revenue beat(8)-3.93%
Revenue beat(12)6
Avg Revenue beat(12)-0.81%
Revenue beat(16)10
Avg Revenue beat(16)3.56%
PT rev (1m)3.32%
PT rev (3m)5.93%
EPS NQ rev (1m)-7.98%
EPS NQ rev (3m)-4.97%
EPS NY rev (1m)0.99%
EPS NY rev (3m)4.75%
Revenue NQ rev (1m)-3.83%
Revenue NQ rev (3m)-6.54%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)2.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.93 | ||
| Fwd PE | 8.15 | ||
| P/S | 0.93 | ||
| P/FCF | 1.89 | ||
| P/OCF | 1.88 | ||
| P/B | 1.5 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 2.4 |
EPS(TTM)3.65
EY14.43%
EPS(NY)3.1
Fwd EY12.26%
FCF(TTM)13.4
FCFY53%
OCF(TTM)13.46
OCFY53.21%
SpS27.18
BVpS16.82
TBVpS16.82
PEG (NY)N/A
PEG (5Y)0
Graham Number37.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.53% | ||
| ROE | 25.3% | ||
| ROCE | 19.57% | ||
| ROIC | 14.25% | ||
| ROICexc | 14.71% | ||
| ROICexgc | 14.71% | ||
| OM | 30.75% | ||
| PM (TTM) | 15.65% | ||
| GM | 69.21% | ||
| FCFM | 49.31% |
ROA(3y)16.94%
ROA(5y)4%
ROE(3y)330.44%
ROE(5y)N/A
ROIC(3y)23.28%
ROIC(5y)17.78%
ROICexc(3y)23.81%
ROICexc(5y)18.21%
ROICexgc(3y)23.81%
ROICexgc(5y)18.21%
ROCE(3y)31.97%
ROCE(5y)24.42%
ROICexgc growth 3Y-6.49%
ROICexgc growth 5Y26.52%
ROICexc growth 3Y-6.49%
ROICexc growth 5Y26.52%
OM growth 3Y-0.88%
OM growth 5Y16.38%
PM growth 3Y-12.17%
PM growth 5YN/A
GM growth 3Y3.59%
GM growth 5Y-0.98%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 0.94 | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | 0.79% | ||
| Cap/Sales | 0.2% | ||
| Interest Coverage | 9.29 | ||
| Cash Conversion | 89.12% | ||
| Profit Quality | 315.04% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 1.43 |
F-Score6
WACC8.22%
ROIC/WACC1.73
Cap/Depr(3y)158.67%
Cap/Depr(5y)126.26%
Cap/Sales(3y)26.67%
Cap/Sales(5y)24.66%
Profit Quality(3y)61.5%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.98%
EPS 3Y-1.22%
EPS 5Y245758.95%
EPS Q2Q%-7%
EPS Next Y-5.19%
EPS Next 2Y-8.93%
EPS Next 3Y-5.25%
EPS Next 5Y10.32%
Revenue 1Y (TTM)4.88%
Revenue growth 3Y6.84%
Revenue growth 5Y8.45%
Sales Q2Q%2.77%
Revenue Next Year3.85%
Revenue Next 2Y-4.8%
Revenue Next 3Y-2.27%
Revenue Next 5Y0.39%
EBIT growth 1Y-9.93%
EBIT growth 3Y5.9%
EBIT growth 5Y26.21%
EBIT Next Year49.02%
EBIT Next 3Y12.77%
EBIT Next 5Y9.62%
FCF growth 1Y334.95%
FCF growth 3Y-33.24%
FCF growth 5YN/A
OCF growth 1Y35.91%
OCF growth 3Y1.17%
OCF growth 5Y4.77%
APA CORP / APA FAQ
Can you provide the ChartMill fundamental rating for APA CORP?
ChartMill assigns a fundamental rating of 6 / 10 to APA.
What is the valuation status of APA CORP (APA) stock?
ChartMill assigns a valuation rating of 8 / 10 to APA CORP (APA). This can be considered as Undervalued.
Can you provide the profitability details for APA CORP?
APA CORP (APA) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for APA stock?
The Earnings per Share (EPS) of APA CORP (APA) is expected to decline by -5.19% in the next year.
Is the dividend of APA CORP sustainable?
The dividend rating of APA CORP (APA) is 8 / 10 and the dividend payout ratio is 24.12%.