API GROUP CORP (APG) Stock Fundamental Analysis
NYSE:APG - New York Stock Exchange, Inc. - US00187Y1001 - Common Stock - Currency: USD
Overall APG gets a fundamental rating of 4 out of 10. We evaluated APG against 52 industry peers in the Construction & Engineering industry. APG has only an average score on both its financial health and profitability. APG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year APG was profitable.
In the past year APG had a positive cash flow from operations.
In the past 5 years APG reported 4 times negative net income.
Each year in the past 5 years APG had a positive operating cash flow.
1.2 Ratios
APG has a Return On Assets of 1.74%. This is comparable to the rest of the industry: APG outperforms 46.15% of its industry peers.
With a Return On Equity value of 4.73%, APG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.67%, APG is in line with its industry, outperforming 55.77% 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 16.67%.
The last Return On Invested Capital (5.67%) for APG is above the 3 year average (4.40%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.74% | ||
| ROE | 4.73% | ||
| ROIC | 5.67% |
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
The Profit Margin of APG (1.98%) is comparable to the rest of the industry.
APG has a Operating Margin of 7.10%. This is in the better half of the industry: APG outperforms 67.31% of its industry peers.
In the last couple of years the Operating Margin of APG has grown nicely.
With an excellent Gross Margin value of 31.22%, APG belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
In the last couple of years the Gross Margin of APG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.1% | ||
| PM (TTM) | 1.98% | ||
| GM | 31.22% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APG is destroying value.
APG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, APG has more shares outstanding
Compared to 1 year ago, APG has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.93 indicates that APG is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of APG (2.93) is comparable to the rest of the industry.
The Debt to FCF ratio of APG is 5.05, which is a neutral value as it means it would take APG, 5.05 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.05, APG is doing good in the industry, outperforming 61.54% of the companies in the same industry.
APG has a Debt/Equity ratio of 0.99. This is a neutral value indicating APG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.99, APG is doing worse than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 5.05 | ||
| Altman-Z | 2.93 |
ROIC/WACC0.57
WACC10%
2.3 Liquidity
APG has a Current Ratio of 1.47. This is a normal value and indicates that APG is financially healthy and should not expect problems in meeting its short term obligations.
APG has a Current ratio of 1.47. This is in the better half of the industry: APG outperforms 71.15% of its industry peers.
A Quick Ratio of 1.38 indicates that APG should not have too much problems paying its short term obligations.
APG has a better Quick ratio (1.38) than 71.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The earnings per share for APG have decreased by -4.99% in the last year.
APG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.23% yearly.
The Revenue has been growing slightly by 3.20% in the past year.
APG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.39% yearly.
EPS 1Y (TTM)-4.99%
EPS 3Y16.23%
EPS 5YN/A
EPS Q2Q%-27.45%
Revenue 1Y (TTM)3.2%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%7.37%
3.2 Future
The Earnings Per Share is expected to grow by 1.79% on average over the next years.
APG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.69% yearly.
EPS Next Y-16.28%
EPS Next 2Y-1.91%
EPS Next 3Y1.79%
EPS Next 5YN/A
Revenue Next Year7.38%
Revenue Next 2Y6.3%
Revenue Next 3Y5.69%
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 decreasing.
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 21.64, which indicates a rather expensive current valuation of APG.
APG's Price/Earnings ratio is a bit cheaper when compared to the industry. APG is cheaper than 78.85% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, APG is valued a bit cheaper.
With a Price/Forward Earnings ratio of 21.29, APG is valued on the expensive side.
67.31% of the companies in the same industry are more expensive than APG, based on the Price/Forward Earnings ratio.
APG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 21.29 |
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 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.78 | ||
| EV/EBITDA | 20.57 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.91%
EPS Next 3Y1.79%
5. Dividend
5.1 Amount
No dividends for APG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.41
-0.19 (-0.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners83.73%
Inst Owner Change-0.16%
Ins Owners2.04%
Ins Owner Change0.78%
Market Cap14.29B
Analysts84.29
Price TargetN/A
Short Float %N/A
Short Ratio1.24
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)1.59%
Min EPS beat(2)1.25%
Max EPS beat(2)1.93%
EPS beat(4)3
Avg EPS beat(4)1.32%
Min EPS beat(4)-0.69%
Max EPS beat(4)2.79%
EPS beat(8)7
Avg EPS beat(8)1.98%
EPS beat(12)11
Avg EPS beat(12)2.53%
EPS beat(16)14
Avg EPS beat(16)3.42%
Revenue beat(2)2
Avg Revenue beat(2)1.52%
Min Revenue beat(2)0.05%
Max Revenue beat(2)3%
Revenue beat(4)2
Avg Revenue beat(4)-1.16%
Min Revenue beat(4)-4.31%
Max Revenue beat(4)3%
Revenue beat(8)2
Avg Revenue beat(8)-1.64%
Revenue beat(12)5
Avg Revenue beat(12)-0.47%
Revenue beat(16)8
Avg Revenue beat(16)0.94%
PT rev (1m)0%
PT rev (3m)13.64%
EPS NQ rev (1m)-32.92%
EPS NQ rev (3m)-31.03%
EPS NY rev (1m)-33.03%
EPS NY rev (3m)-31.66%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)2.08%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)1.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 21.29 | ||
| P/S | 2 | ||
| P/FCF | 23.78 | ||
| P/OCF | 21.17 | ||
| P/B | 4.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.57 |
EPS(TTM)1.59
EY4.62%
EPS(NY)1.62
Fwd EY4.7%
FCF(TTM)1.45
FCFY4.21%
OCF(TTM)1.63
OCFY4.72%
SpS17.18
BVpS7.18
TBVpS-3.84
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.74% | ||
| ROE | 4.73% | ||
| ROCE | 8% | ||
| ROIC | 5.67% | ||
| ROICexc | 6.11% | ||
| ROICexgc | 27.61% | ||
| OM | 7.1% | ||
| PM (TTM) | 1.98% | ||
| GM | 31.22% | ||
| FCFM | 8.42% |
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-Score7
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 5.05 | ||
| Debt/EBITDA | 3.59 | ||
| Cap/Depr | 23.64% | ||
| Cap/Sales | 1.04% | ||
| Interest Coverage | 3.36 | ||
| Cash Conversion | 82.32% | ||
| Profit Quality | 426.24% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 2.93 |
F-Score7
WACC10%
ROIC/WACC0.57
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)-4.99%
EPS 3Y16.23%
EPS 5YN/A
EPS Q2Q%-27.45%
EPS Next Y-16.28%
EPS Next 2Y-1.91%
EPS Next 3Y1.79%
EPS Next 5YN/A
Revenue 1Y (TTM)3.2%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%7.37%
Revenue Next Year7.38%
Revenue Next 2Y6.3%
Revenue Next 3Y5.69%
Revenue Next 5YN/A
EBIT growth 1Y21.58%
EBIT growth 3Y54.95%
EBIT growth 5YN/A
EBIT Next Year52.93%
EBIT Next 3Y12.93%
EBIT Next 5YN/A
FCF growth 1Y101%
FCF growth 3Y61.6%
FCF growth 5Y18.33%
OCF growth 1Y74.42%
OCF growth 3Y50.47%
OCF growth 5Y16.01%