27.1 USD
+0.39 (+1.46%)
27.21 USD
+0.11 (+0.41%)
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. APA scores excellent on profitability, but 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! 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.
Each year in the past 5 years APA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of APA (8.53%) is better than 86.12% of its industry peers.
APA has a better Return On Equity (25.30%) than 91.39% 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 92.34% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for APA is above the industry average of 20.88%.
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 has a Profit Margin of 15.65%. This is in the better half of the industry: APA outperforms 66.99% 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 75.60% 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.
APA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, APA has less shares outstanding
APA has a better debt/assets ratio than last year.
2.2 Solvency
APA has an Altman-Z score of 1.47. This is a bad value and indicates that APA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.47, APA is in line with its industry, outperforming 53.59% 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 88.52% 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.
APA has a worse Debt to Equity ratio (0.72) than 64.11% of its industry peers.
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 | 1.47 |
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.
With a Current ratio value of 0.78, APA is not doing good in the industry: 69.38% of the companies in the same industry are doing better.
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.
APA's Quick ratio of 0.63 is on the low side compared to the rest of the industry. APA is outperformed by 69.86% 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.
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%.
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
Based on estimates for the next years, APA will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.32% on average per year.
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-3.51%
EPS Next 2Y-11.99%
EPS Next 3Y-4.4%
EPS Next 5Y10.32%
Revenue Next Year2.72%
Revenue Next 2Y-5.78%
Revenue Next 3Y-1.96%
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.
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
The Price/Earnings ratio is 7.42, which indicates a rather cheap valuation of APA.
Compared to the rest of the industry, the Price/Earnings ratio of APA indicates a rather cheap valuation: APA is cheaper than 89.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.49, APA is valued rather cheaply.
APA is valuated reasonably with a Price/Forward Earnings ratio of 9.35.
APA's Price/Forward Earnings ratio is rather cheap when compared to the industry. APA is cheaper than 80.38% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, APA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 9.35 |
4.2 Price Multiples
94.74% of the companies in the same industry are more expensive than APA, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APA indicates a rather cheap valuation: APA is cheaper than 98.09% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.02 | ||
| EV/EBITDA | 2.54 |
4.3 Compensation for Growth
APA has an outstanding profitability rating, which may justify a higher PE ratio.
APA's earnings are expected to decrease with -4.40% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0
EPS Next 2Y-11.99%
EPS Next 3Y-4.4%
5. Dividend
5.1 Amount
APA has a Yearly Dividend Yield of 3.74%.
Compared to an average industry Dividend Yield of 5.71, APA pays a bit more dividend than its industry peers.
APA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
The dividend of APA has a limited annual growth rate of 1.06%.
APA has paid a dividend for at least 10 years, which is 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-11.99%
EPS Next 3Y-4.4%
27.1
+0.39 (+1.46%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners99.18%
Inst Owner Change0.96%
Ins Owners0.2%
Ins Owner Change0%
Market Cap9.61B
Revenue(TTM)9.64B
Net Income(TTM)1.51B
Analysts64
Price Target26 (-4.06%)
Short Float %9.76%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
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)3.11%
PT rev (3m)6.59%
EPS NQ rev (1m)-5.26%
EPS NQ rev (3m)-5.73%
EPS NY rev (1m)1.78%
EPS NY rev (3m)6.61%
Revenue NQ rev (1m)-2.07%
Revenue NQ rev (3m)-5.82%
Revenue NY rev (1m)-1.08%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 9.35 | ||
| P/S | 1 | ||
| P/FCF | 2.02 | ||
| P/OCF | 2.01 | ||
| P/B | 1.61 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 2.54 |
EPS(TTM)3.65
EY13.47%
EPS(NY)2.9
Fwd EY10.69%
FCF(TTM)13.4
FCFY49.46%
OCF(TTM)13.46
OCFY49.66%
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 | 1.47 |
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-3.51%
EPS Next 2Y-11.99%
EPS Next 3Y-4.4%
EPS Next 5Y10.32%
Revenue 1Y (TTM)4.88%
Revenue growth 3Y6.84%
Revenue growth 5Y8.45%
Sales Q2Q%2.77%
Revenue Next Year2.72%
Revenue Next 2Y-5.78%
Revenue Next 3Y-1.96%
Revenue Next 5Y0.39%
EBIT growth 1Y-9.93%
EBIT growth 3Y5.9%
EBIT growth 5Y26.21%
EBIT Next Year51.59%
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 8 / 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 -3.51% in the next year.
Is the dividend of APA CORP sustainable?
The dividend rating of APA CORP (APA) is 7 / 10 and the dividend payout ratio is 24.12%.