API GROUP CORP (APG) Stock Fundamental Analysis
USA - NYSE:APG - US00187Y1001 - Common Stock
34.82 USD
+0.58 (+1.69%)
34.82 USD
0 (0%)
Overall APG gets a fundamental rating of 4 out of 10. We evaluated APG against 55 industry peers in the Construction & Engineering industry. APG has only an average score on both its financial health and profitability. While showing a medium growth rate, APG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year APG was profitable.
APG had a positive operating cash flow in the past year.
APG had negative earnings in 4 of the past 5 years.
APG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.65%, APG perfoms like the industry average, outperforming 43.64% of the companies in the same industry.
APG has a Return On Equity of 4.45%. This is comparable to the rest of the industry: APG outperforms 43.64% of its industry peers.
APG's Return On Invested Capital of 5.89% is in line compared to the rest of the industry. APG outperforms 50.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APG is significantly below the industry average of 17.10%.
The 3 year average ROIC (4.40%) for APG is below the current ROIC(5.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 4.45% | ||
| ROIC | 5.89% |
ROA(3y)-1.5%
ROA(5y)-3.28%
ROE(3y)-4.07%
ROE(5y)-8.43%
ROIC(3y)4.4%
ROIC(5y)3.23%
1.3 Margins
APG has a Profit Margin (1.91%) which is in line with its industry peers.
APG's Operating Margin of 7.42% is fine compared to the rest of the industry. APG outperforms 61.82% of its industry peers.
APG's Operating Margin has improved in the last couple of years.
The Gross Margin of APG (31.08%) is better than 85.45% of its industry peers.
In the last couple of years the Gross Margin of APG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.42% | ||
| PM (TTM) | 1.91% | ||
| GM | 31.08% |
OM growth 3Y27.83%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.2%
GM growth 5Y9.63%
2. Health
2.1 Basic Checks
APG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, APG has more shares outstanding
The number of shares outstanding for APG has been increased compared to 5 years ago.
Compared to 1 year ago, APG has a worse debt to assets ratio.
2.2 Solvency
APG has an Altman-Z score of 2.85. This is not the best score and indicates that APG is in the grey zone with still only limited risk for bankruptcy at the moment.
APG has a Altman-Z score (2.85) which is in line with its industry peers.
APG has a debt to FCF ratio of 5.38. This is a neutral value as APG would need 5.38 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.38, APG is in line with its industry, outperforming 58.18% of the companies in the same industry.
APG has a Debt/Equity ratio of 0.93. This is a neutral value indicating APG is somewhat dependend on debt financing.
APG has a Debt to Equity ratio of 0.93. This is comparable to the rest of the industry: APG outperforms 41.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 5.38 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.6
WACC9.79%
2.3 Liquidity
APG has a Current Ratio of 1.45. This is a normal value and indicates that APG is financially healthy and should not expect problems in meeting its short term obligations.
APG's Current ratio of 1.45 is fine compared to the rest of the industry. APG outperforms 69.09% of its industry peers.
A Quick Ratio of 1.37 indicates that APG should not have too much problems paying its short term obligations.
APG's Quick ratio of 1.37 is fine compared to the rest of the industry. APG outperforms 69.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
APG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.02%.
APG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.97% yearly.
Looking at the last year, APG shows a small growth in Revenue. The Revenue has grown by 7.59% in the last year.
Measured over the past years, APG shows a quite strong growth in Revenue. The Revenue has been growing by 11.39% on average per year.
EPS 1Y (TTM)-17.02%
EPS 3Y7.97%
EPS 5YN/A
EPS Q2Q%19.39%
Revenue 1Y (TTM)7.59%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%15.03%
3.2 Future
Based on estimates for the next years, APG will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.83% on average per year.
APG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.19% yearly.
EPS Next Y7.86%
EPS Next 2Y11.41%
EPS Next 3Y10.83%
EPS Next 5YN/A
Revenue Next Year10.71%
Revenue Next 2Y8.22%
Revenue Next 3Y7.19%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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
With a Price/Earnings ratio of 26.38, APG can be considered very expensive at the moment.
Based on the Price/Earnings ratio, APG is valued a bit cheaper than 74.55% of the companies in the same industry.
APG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 20.83, APG is valued on the expensive side.
80.00% of the companies in the same industry are more expensive than APG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, APG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.38 | ||
| Fwd PE | 20.83 |
4.2 Price Multiples
APG's Enterprise Value to EBITDA ratio is in line with the industry average.
70.91% of the companies in the same industry are more expensive than APG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.45 | ||
| EV/EBITDA | 19.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates APG does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.36
PEG (5Y)N/A
EPS Next 2Y11.41%
EPS Next 3Y10.83%
5. Dividend
5.1 Amount
APG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.82
+0.58 (+1.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners83.79%
Inst Owner Change1.19%
Ins Owners2.07%
Ins Owner Change-0.43%
Market Cap14.48B
Analysts85.33
Price Target42.85 (23.06%)
Short Float %2.79%
Short Ratio3.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.33%
Min EPS beat(2)1.93%
Max EPS beat(2)2.72%
EPS beat(4)3
Avg EPS beat(4)1.3%
Min EPS beat(4)-0.69%
Max EPS beat(4)2.72%
EPS beat(8)7
Avg EPS beat(8)2.07%
EPS beat(12)11
Avg EPS beat(12)2.29%
EPS beat(16)14
Avg EPS beat(16)3.55%
Revenue beat(2)2
Avg Revenue beat(2)3.43%
Min Revenue beat(2)3%
Max Revenue beat(2)3.86%
Revenue beat(4)3
Avg Revenue beat(4)0.88%
Min Revenue beat(4)-3.39%
Max Revenue beat(4)3.86%
Revenue beat(8)3
Avg Revenue beat(8)-1.05%
Revenue beat(12)6
Avg Revenue beat(12)-0.04%
Revenue beat(16)8
Avg Revenue beat(16)0.99%
PT rev (1m)0%
PT rev (3m)8.99%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)0.49%
EPS NY rev (1m)-0.28%
EPS NY rev (3m)3.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.38 | ||
| Fwd PE | 20.83 | ||
| P/S | 1.96 | ||
| P/FCF | 25.45 | ||
| P/OCF | 22.35 | ||
| P/B | 4.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.43 |
EPS(TTM)1.32
EY3.79%
EPS(NY)1.67
Fwd EY4.8%
FCF(TTM)1.37
FCFY3.93%
OCF(TTM)1.56
OCFY4.47%
SpS17.78
BVpS7.62
TBVpS-3.91
PEG (NY)3.36
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 4.45% | ||
| ROCE | 8.31% | ||
| ROIC | 5.89% | ||
| ROICexc | 6.3% | ||
| ROICexgc | 28.27% | ||
| OM | 7.42% | ||
| PM (TTM) | 1.91% | ||
| GM | 31.08% | ||
| FCFM | 7.69% |
ROA(3y)-1.5%
ROA(5y)-3.28%
ROE(3y)-4.07%
ROE(5y)-8.43%
ROIC(3y)4.4%
ROIC(5y)3.23%
ROICexc(3y)4.81%
ROICexc(5y)3.67%
ROICexgc(3y)21.45%
ROICexgc(5y)15.26%
ROCE(3y)6.22%
ROCE(5y)4.56%
ROICexcg growth 3Y50.67%
ROICexcg growth 5YN/A
ROICexc growth 3Y26.04%
ROICexc growth 5YN/A
OM growth 3Y27.83%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.2%
GM growth 5Y9.63%
F-Score8
Asset Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 5.38 | ||
| Debt/EBITDA | 3.41 | ||
| Cap/Depr | 24.76% | ||
| Cap/Sales | 1.07% | ||
| Interest Coverage | 3.76 | ||
| Cash Conversion | 74.65% | ||
| Profit Quality | 403.55% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.85 |
F-Score8
WACC9.79%
ROIC/WACC0.6
Cap/Depr(3y)27.39%
Cap/Depr(5y)24.77%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.02%
EPS 3Y7.97%
EPS 5YN/A
EPS Q2Q%19.39%
EPS Next Y7.86%
EPS Next 2Y11.41%
EPS Next 3Y10.83%
EPS Next 5YN/A
Revenue 1Y (TTM)7.59%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%15.03%
Revenue Next Year10.71%
Revenue Next 2Y8.22%
Revenue Next 3Y7.19%
Revenue Next 5YN/A
EBIT growth 1Y22.82%
EBIT growth 3Y54.95%
EBIT growth 5YN/A
EBIT Next Year55.8%
EBIT Next 3Y23.44%
EBIT Next 5YN/A
FCF growth 1Y80.06%
FCF growth 3Y61.6%
FCF growth 5Y18.33%
OCF growth 1Y59.21%
OCF growth 3Y50.47%
OCF growth 5Y16.01%