25.72 USD
+0.8 (+3.21%)
25.5568 USD
-0.16 (-0.63%)
Overall APA gets a fundamental rating of 6 out of 10. We evaluated APA against 208 industry peers in the Oil, Gas & Consumable Fuels industry. While APA has a great profitability rating, there are some minor concerns on its financial health. APA is valued quite cheap, while showing a decent growth score. This is a good combination! 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.
Of the past 5 years APA 4 years were profitable.
In the past 5 years APA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.53%, APA belongs to the top of the industry, outperforming 85.58% of the companies in the same industry.
APA has a Return On Equity of 25.30%. This is amongst the best in the industry. APA outperforms 90.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.25%, APA belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for APA is in line with the industry average of 21.83%.
The last Return On Invested Capital (14.25%) for APA is well below the 3 year average (23.28%), which needs to be investigated, but indicates that APA had better years and this may not be a problem.
| 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 has a Profit Margin of 15.65%. This is in the better half of the industry: APA outperforms 67.31% of its industry peers.
APA's Profit Margin has declined in the last couple of years.
APA's Operating Margin of 30.75% is fine compared to the rest of the industry. APA outperforms 75.96% of its industry peers.
APA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 69.21%, APA is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
In the last couple of years the Gross Margin of APA has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APA is creating value.
APA has more shares outstanding than it did 1 year ago.
APA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, APA has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.43, we must say that APA is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.43, APA is in line with its industry, outperforming 55.77% of the companies in the same industry.
APA has a debt to FCF ratio of 0.94. This is a very positive value and a sign of high solvency as it would only need 0.94 years to pay back of all of its debts.
APA has a Debt to FCF ratio of 0.94. This is amongst the best in the industry. APA outperforms 88.46% of its industry peers.
APA has a Debt/Equity ratio of 0.72. This is a neutral value indicating APA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.72, APA is doing worse than 62.02% of the companies in the same industry.
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/WACC1.78
WACC8.02%
2.3 Liquidity
A Current Ratio of 0.78 indicates that APA may have some problems paying its short term obligations.
APA's Current ratio of 0.78 is on the low side compared to the rest of the industry. APA is outperformed by 68.75% of its industry peers.
A Quick Ratio of 0.63 indicates that APA may have some problems paying its short term obligations.
APA has a Quick ratio of 0.63. This is in the lower half of the industry: APA underperforms 68.27% of its industry peers.
| 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.
APA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 245758.95% yearly.
The Revenue has been growing slightly by 4.88% in the past year.
The Revenue has been growing by 8.45% on average over the past years. This is quite good.
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
APA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.84% yearly.
Based on estimates for the next years, APA will show a small growth in Revenue. The Revenue will grow by 0.39% on average per year.
EPS Next Y-3.42%
EPS Next 2Y-12.69%
EPS Next 3Y-4.87%
EPS Next 5Y7.84%
Revenue Next Year3.36%
Revenue Next 2Y-6.02%
Revenue Next 3Y-2.14%
Revenue Next 5Y0.39%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.05, the valuation of APA can be described as very cheap.
APA's Price/Earnings ratio is rather cheap when compared to the industry. APA is cheaper than 88.94% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.25, APA is valued rather cheaply.
A Price/Forward Earnings ratio of 9.02 indicates a reasonable valuation of APA.
Based on the Price/Forward Earnings ratio, APA is valued cheaper than 82.21% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.98. APA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 9.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APA indicates a rather cheap valuation: APA is cheaper than 96.15% of the companies listed in the same industry.
98.56% of the companies in the same industry are more expensive than APA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.92 | ||
| EV/EBITDA | 2.4 |
4.3 Compensation for Growth
The decent profitability rating of APA may justify a higher PE ratio.
APA's earnings are expected to decrease with -4.87% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0
EPS Next 2Y-12.69%
EPS Next 3Y-4.87%
5. Dividend
5.1 Amount
APA has a Yearly Dividend Yield of 3.94%.
APA's Dividend Yield is a higher than the industry average which is at 3.91.
Compared to an average S&P500 Dividend Yield of 1.92, APA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
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.
The dividend of APA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.12%
EPS Next 2Y-12.69%
EPS Next 3Y-4.87%
25.72
+0.8 (+3.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners99.46%
Inst Owner Change0.1%
Ins Owners0.19%
Ins Owner Change0.06%
Market Cap9.12B
Revenue(TTM)9.64B
Net Income(TTM)1.51B
Analysts64.71
Price Target26.33 (2.37%)
Short Float %9.12%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
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)1.26%
PT rev (3m)7.11%
EPS NQ rev (1m)0.24%
EPS NQ rev (3m)-4.45%
EPS NY rev (1m)0.09%
EPS NY rev (3m)2.36%
Revenue NQ rev (1m)0.4%
Revenue NQ rev (3m)-4.58%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)-1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 9.02 | ||
| P/S | 0.95 | ||
| P/FCF | 1.92 | ||
| P/OCF | 1.91 | ||
| P/B | 1.53 | ||
| P/tB | 1.53 | ||
| EV/EBITDA | 2.4 |
EPS(TTM)3.65
EY14.19%
EPS(NY)2.85
Fwd EY11.09%
FCF(TTM)13.4
FCFY52.12%
OCF(TTM)13.46
OCFY52.32%
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
WACC8.02%
ROIC/WACC1.78
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-3.42%
EPS Next 2Y-12.69%
EPS Next 3Y-4.87%
EPS Next 5Y7.84%
Revenue 1Y (TTM)4.88%
Revenue growth 3Y6.84%
Revenue growth 5Y8.45%
Sales Q2Q%2.77%
Revenue Next Year3.36%
Revenue Next 2Y-6.02%
Revenue Next 3Y-2.14%
Revenue Next 5Y0.39%
EBIT growth 1Y-9.93%
EBIT growth 3Y5.9%
EBIT growth 5Y26.21%
EBIT Next Year51.85%
EBIT Next 3Y12.59%
EBIT Next 5Y12.12%
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 for 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.
What is the valuation of APA CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for APA CORP (APA) is 7.05 and the Price/Book (PB) ratio is 1.53.
Can you provide the expected EPS growth for APA stock?
The Earnings per Share (EPS) of APA CORP (APA) is expected to decline by -3.42% in the next year.