API GROUP CORP (APG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APG - US00187Y1001 - Common Stock
39.66 USD
-0.74 (-1.83%)
39.66 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to APG. APG was compared to 55 industry peers in the Construction & Engineering industry. APG has an average financial health and profitability rating. APG has a correct valuation and a medium growth rate.
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.
In the past 5 years APG always reported a positive cash flow from operatings.
1.2 Ratios
APG has a Return On Assets (1.79%) which is in line with its industry peers.
The Return On Equity of APG (4.76%) is worse than 61.82% of its industry peers.
With a Return On Invested Capital value of 6.29%, APG perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for APG is significantly below the industry average of 17.87%.
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 41.82% of its industry peers.
APG's Operating Margin of 7.76% is fine compared to the rest of the industry. APG outperforms 61.82% of its industry peers.
In the last couple of years the Operating Margin of APG has grown nicely.
APG has a better Gross Margin (31.14%) than 83.64% of its industry peers.
In the last couple of years the Gross Margin of APG has grown nicely.
| 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
APG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for APG has been increased compared to 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
APG has an Altman-Z score of 3.16. This indicates that APG is financially healthy and has little risk of bankruptcy at the moment.
APG has a Altman-Z score (3.16) which 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.
APG has a Debt to FCF ratio (5.34) which is in line with 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.
The Debt to Equity ratio of APG (0.90) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 5.34 | ||
| Altman-Z | 3.16 |
ROIC/WACC0.63
WACC9.93%
2.3 Liquidity
APG has a Current Ratio of 1.48. 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 better Current ratio (1.48) than 69.09% of its industry peers.
APG has a Quick Ratio of 1.41. 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 better Quick ratio (1.41) than 69.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
APG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.85%, which is quite good.
The Earnings Per Share has been growing by 20.02% on average over the past years. This is a very strong growth
Looking at the last year, APG shows a quite strong growth in Revenue. The Revenue has grown by 10.69% 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)16.85%
EPS 3Y20.02%
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
Based on estimates for the next years, APG will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.12% on average per year.
The Revenue is expected to grow by 7.79% on average over the next years.
EPS Next Y19.36%
EPS Next 2Y17.14%
EPS Next 3Y15.12%
EPS Next 5YN/A
Revenue Next Year12.42%
Revenue Next 2Y9.26%
Revenue Next 3Y7.79%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 28.53, which means the current valuation is very expensive for APG.
Based on the Price/Earnings ratio, APG is valued a bit cheaper than the industry average as 65.45% of the companies are valued more expensively.
APG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 23.43, the valuation of APG can be described as rather expensive.
Based on the Price/Forward Earnings ratio, APG is valued a bit cheaper than the industry average as 69.09% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of APG to the average of the S&P500 Index (23.78), we can say APG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 23.43 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APG.
APG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APG is cheaper than 65.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.84 | ||
| EV/EBITDA | 21.05 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as APG's earnings are expected to grow with 15.12% in the coming years.
PEG (NY)1.47
PEG (5Y)N/A
EPS Next 2Y17.14%
EPS Next 3Y15.12%
5. Dividend
5.1 Amount
No dividends for APG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
39.66
-0.74 (-1.83%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners83.03%
Inst Owner Change50.26%
Ins Owners2.03%
Ins Owner Change-0.16%
Market Cap16.49B
Revenue(TTM)7.66B
Net Income(TTM)156.00M
Analysts85.33
Price Target44.18 (11.4%)
Short Float %3.07%
Short Ratio4.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)2.36%
PT rev (3m)3.09%
EPS NQ rev (1m)0.22%
EPS NQ rev (3m)1.21%
EPS NY rev (1m)0.74%
EPS NY rev (3m)1.07%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)2.53%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 23.43 | ||
| P/S | 2.15 | ||
| P/FCF | 28.84 | ||
| P/OCF | 24.99 | ||
| P/B | 5.04 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.05 |
EPS(TTM)1.39
EY3.5%
EPS(NY)1.69
Fwd EY4.27%
FCF(TTM)1.38
FCFY3.47%
OCF(TTM)1.59
OCFY4%
SpS18.41
BVpS7.88
TBVpS-3.63
PEG (NY)1.47
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 | 3.16 |
F-Score8
WACC9.93%
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)16.85%
EPS 3Y20.02%
EPS 5YN/A
EPS Q2Q%20.59%
EPS Next Y19.36%
EPS Next 2Y17.14%
EPS Next 3Y15.12%
EPS Next 5YN/A
Revenue 1Y (TTM)10.69%
Revenue growth 3Y21.22%
Revenue growth 5Y11.39%
Sales Q2Q%14.18%
Revenue Next Year12.42%
Revenue Next 2Y9.26%
Revenue Next 3Y7.79%
Revenue Next 5YN/A
EBIT growth 1Y24.53%
EBIT growth 3Y54.95%
EBIT growth 5YN/A
EBIT Next Year55.95%
EBIT Next 3Y24.13%
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 4 / 10 to API GROUP CORP (APG). This can be considered as Fairly Valued.
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 28.53 and the Price/Book (PB) ratio is 5.04.
What is the financial health of API GROUP CORP (APG) stock?
The financial health rating of API GROUP CORP (APG) is 4 / 10.