API GROUP CORP (APG) Stock Fundamental Analysis
USA - NYSE:APG - US00187Y1001 - Common Stock
38.36 USD
+0.83 (+2.21%)
38.5 USD
+0.14 (+0.36%)
We assign a fundamental rating of 4 out of 10 to APG. APG was compared to 55 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of APG get a neutral evaluation. Nothing too spectacular is happening here. APG is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
APG had positive earnings in the past year.
APG had a positive operating cash flow in the past year.
In the past 5 years APG reported 4 times negative net income.
APG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of APG (1.79%) is comparable to the rest of the industry.
APG has a Return On Equity (4.76%) which is in line with its industry peers.
With a Return On Invested Capital value of 6.29%, APG perfoms like the industry average, outperforming 52.73% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for APG is significantly below the industry average of 16.81%.
The last Return On Invested Capital (6.29%) for APG is above the 3 year average (4.40%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 4.76% | ||
| ROIC | 6.29% |
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 of 2.04%. This is comparable to the rest of the industry: APG outperforms 43.64% of its industry peers.
The Operating Margin of APG (7.76%) is better than 67.27% of its industry peers.
In the last couple of years the Operating Margin of APG has grown nicely.
APG's Gross Margin of 31.14% is amongst the best of the industry. APG outperforms 85.45% of its industry peers.
APG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.76% | ||
| PM (TTM) | 2.04% | ||
| GM | 31.14% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), APG is destroying value.
Compared to 1 year ago, APG has more shares outstanding
Compared to 5 years ago, APG has more shares outstanding
APG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.02 indicates that APG is not in any danger for bankruptcy at the moment.
The Altman-Z score of APG (3.02) is comparable to the rest of the industry.
APG has a debt to FCF ratio of 5.34. This is a neutral value as APG would need 5.34 years to pay back of all of its debts.
The Debt to FCF ratio of APG (5.34) is better than 61.82% of its industry peers.
APG has a Debt/Equity ratio of 0.90. This is a neutral value indicating APG is somewhat dependend on debt financing.
APG has a Debt to Equity ratio (0.90) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 5.34 | ||
| Altman-Z | 3.02 |
ROIC/WACC0.63
WACC9.91%
2.3 Liquidity
A Current Ratio of 1.48 indicates that APG should not have too much problems paying its short term obligations.
APG's Current ratio of 1.48 is fine compared to the rest of the industry. APG outperforms 72.73% of its industry peers.
A Quick Ratio of 1.41 indicates that APG should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.41, APG is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
APG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.15%.
Measured over the past 5 years, APG shows a small growth in Earnings Per Share. The EPS has been growing by 7.97% on average per year.
APG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.69%.
The Revenue has been growing by 11.39% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.15%
EPS 3Y7.97%
EPS 5YN/A
EPS Q2Q%20.59%
Revenue 1Y (TTM)10.69%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%14.18%
3.2 Future
APG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.65% yearly.
Based on estimates for the next years, APG will show a small growth in Revenue. The Revenue will grow by 7.63% on average per year.
EPS Next Y8.51%
EPS Next 2Y11.65%
EPS Next 3Y11.65%
EPS Next 5YN/A
Revenue Next Year11.88%
Revenue Next 2Y8.94%
Revenue Next 3Y7.63%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 27.60, which means the current valuation is very expensive for APG.
APG's Price/Earnings ratio is a bit cheaper when compared to the industry. APG is cheaper than 70.91% of the companies in the same industry.
APG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.34.
With a Price/Forward Earnings ratio of 22.85, APG is valued on the expensive side.
Based on the Price/Forward Earnings ratio, APG is valued a bit cheaper than the industry average as 74.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.43, APG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.6 | ||
| Fwd PE | 22.85 |
4.2 Price Multiples
APG's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, APG is valued a bit cheaper than the industry average as 70.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.89 | ||
| EV/EBITDA | 19.74 |
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)3.24
PEG (5Y)N/A
EPS Next 2Y11.65%
EPS Next 3Y11.65%
5. Dividend
5.1 Amount
No dividends for APG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
38.36
+0.83 (+2.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners83.79%
Inst Owner Change11.74%
Ins Owners2.07%
Ins Owner Change-0.18%
Market Cap15.95B
Revenue(TTM)7.66B
Net Income(TTM)156.00M
Analysts85.33
Price Target43.16 (12.51%)
Short Float %2.99%
Short Ratio5.11
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)2.62%
Min EPS beat(2)2.51%
Max EPS beat(2)2.72%
EPS beat(4)4
Avg EPS beat(4)2.1%
Min EPS beat(4)1.25%
Max EPS beat(4)2.72%
EPS beat(8)7
Avg EPS beat(8)1.76%
EPS beat(12)11
Avg EPS beat(12)2.35%
EPS beat(16)15
Avg EPS beat(16)3.71%
Revenue beat(2)2
Avg Revenue beat(2)3.39%
Min Revenue beat(2)2.91%
Max Revenue beat(2)3.86%
Revenue beat(4)4
Avg Revenue beat(4)2.46%
Min Revenue beat(4)0.05%
Max Revenue beat(4)3.86%
Revenue beat(8)4
Avg Revenue beat(8)0.01%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)9
Avg Revenue beat(16)1.19%
PT rev (1m)0.71%
PT rev (3m)1.76%
EPS NQ rev (1m)0.99%
EPS NQ rev (3m)2.92%
EPS NY rev (1m)0.61%
EPS NY rev (3m)3.89%
Revenue NQ rev (1m)2.29%
Revenue NQ rev (3m)3.6%
Revenue NY rev (1m)1.06%
Revenue NY rev (3m)4.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.6 | ||
| Fwd PE | 22.85 | ||
| P/S | 2.08 | ||
| P/FCF | 27.89 | ||
| P/OCF | 24.17 | ||
| P/B | 4.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.74 |
EPS(TTM)1.39
EY3.62%
EPS(NY)1.68
Fwd EY4.38%
FCF(TTM)1.38
FCFY3.59%
OCF(TTM)1.59
OCFY4.14%
SpS18.41
BVpS7.88
TBVpS-3.63
PEG (NY)3.24
PEG (5Y)N/A
Graham Number15.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 4.76% | ||
| ROCE | 8.88% | ||
| ROIC | 6.29% | ||
| ROICexc | 6.86% | ||
| ROICexgc | 31.2% | ||
| OM | 7.76% | ||
| PM (TTM) | 2.04% | ||
| GM | 31.14% | ||
| FCFM | 7.47% |
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%
ROICexgc growth 3Y50.67%
ROICexgc 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 Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 5.34 | ||
| Debt/EBITDA | 3.22 | ||
| Cap/Depr | 27.24% | ||
| Cap/Sales | 1.15% | ||
| Interest Coverage | 4.15 | ||
| Cash Conversion | 71.97% | ||
| Profit Quality | 366.67% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 3.02 |
F-Score8
WACC9.91%
ROIC/WACC0.63
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)-4.15%
EPS 3Y7.97%
EPS 5YN/A
EPS Q2Q%20.59%
EPS Next Y8.51%
EPS Next 2Y11.65%
EPS Next 3Y11.65%
EPS Next 5YN/A
Revenue 1Y (TTM)10.69%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%14.18%
Revenue Next Year11.88%
Revenue Next 2Y8.94%
Revenue Next 3Y7.63%
Revenue Next 5YN/A
EBIT growth 1Y24.53%
EBIT growth 3Y54.95%
EBIT growth 5YN/A
EBIT Next Year55.8%
EBIT Next 3Y23.44%
EBIT Next 5YN/A
FCF growth 1Y77.64%
FCF growth 3Y61.6%
FCF growth 5Y18.33%
OCF growth 1Y62.96%
OCF growth 3Y50.47%
OCF growth 5Y16.01%
API GROUP CORP / APG FAQ
What is the fundamental rating for APG stock?
ChartMill assigns a fundamental rating of 4 / 10 to APG.
Can you provide the valuation status for API GROUP CORP?
ChartMill assigns a valuation rating of 3 / 10 to API GROUP CORP (APG). This can be considered as Overvalued.
What is the profitability of APG stock?
API GROUP CORP (APG) has a profitability rating of 5 / 10.
What are the PE and PB ratios of API GROUP CORP (APG) stock?
The Price/Earnings (PE) ratio for API GROUP CORP (APG) is 27.6 and the Price/Book (PB) ratio is 4.87.
What is the financial health of API GROUP CORP (APG) stock?
The financial health rating of API GROUP CORP (APG) is 5 / 10.