APA Group develops, owns, and operates natural gas transportation and energy infrastructure in Australia. More Details
Average dividend payer with moderate growth potential.
Share Price & News
How has APA Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: APA's weekly volatility (3%) has been stable over the past year.
7 Day Return
AU Gas Utilities
1 Year Return
AU Gas Utilities
Return vs Industry: APA underperformed the Australian Gas Utilities industry which returned 25.3% over the past year.
Return vs Market: APA underperformed the Australian Market which returned 27.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is APA Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCould The APA Group (ASX:APA) Ownership Structure Tell Us Something Useful?
4 weeks ago | Simply Wall StAPA Group (ASX:APA) shareholders have endured a 8.1% loss from investing in the stock a year ago
1 month ago | Simply Wall StAPA Group (ASX:APA) Is Looking To Continue Growing Its Returns On Capital
Is APA Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APA (A$9.11) is trading below our estimate of fair value (A$17.97)
Significantly Below Fair Value: APA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APA is poor value based on its PE Ratio (2919.9x) compared to the Global Gas Utilities industry average (16.3x).
PE vs Market: APA is poor value based on its PE Ratio (2919.9x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: APA is poor value based on its PEG Ratio (105.6x)
Price to Book Ratio
PB vs Industry: APA is overvalued based on its PB Ratio (3.6x) compared to the XX Gas Utilities industry average (1.5x).
How is APA Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APA's forecast earnings growth (27.6% per year) is above the savings rate (1.9%).
Earnings vs Market: APA's earnings (27.6% per year) are forecast to grow faster than the Australian market (11.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APA's revenue (3.3% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: APA's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APA's Return on Equity is forecast to be low in 3 years time (19.3%).
How has APA Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APA has a large one-off loss of A$397.3M impacting its June 30 2021 financial results.
Growing Profit Margin: APA's current net profit margins (0.1%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: APA's earnings have declined by 5.2% per year over the past 5 years.
Accelerating Growth: APA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APA had negative earnings growth (-98.8%) over the past year, making it difficult to compare to the Gas Utilities industry average (24%).
Return on Equity
High ROE: APA's Return on Equity (0.1%) is considered low.
How is APA Group's financial position?
Financial Position Analysis
Short Term Liabilities: APA's short term assets (A$1.1B) exceed its short term liabilities (A$604.9M).
Long Term Liabilities: APA's short term assets (A$1.1B) do not cover its long term liabilities (A$11.2B).
Debt to Equity History and Analysis
Debt Level: APA's debt to equity ratio (348.2%) is considered high.
Reducing Debt: APA's debt to equity ratio has increased from 248.7% to 348.2% over the past 5 years.
Debt Coverage: APA's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: APA's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is APA Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APA's dividend (5.6%) is higher than the bottom 25% of dividend payers in the Australian market (2.33%).
High Dividend: APA's dividend (5.6%) is in the top 25% of dividend payers in the Australian market (5.26%)
Stability and Growth of Payments
Stable Dividend: APA's dividends per share have been stable in the past 10 years.
Growing Dividend: APA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (16335.7%), APA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APA's dividends in 3 years are not forecast to be well covered by earnings (174.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robert Anthony Wheals, also known as Rob, BCom, CA, GAICD, MAICD, serves as Chief Executive Officer, Managing Director and Director at APT Pipelines Limited since July 6, 2019. Mr. Wheals served as Gro...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD2.57M) is about average for companies of similar size in the Australian market ($USD2.31M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Management: APA's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: APA's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
APA Group's company bio, employee growth, exchange listings and data sources
- Name: APA Group
- Ticker: APA
- Exchange: ASX
- Founded: 2007
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: AU$10.749b
- Shares outstanding: 1.18b
- Website: https://www.apa.com.au
Number of Employees
- APA Group
- 580 George Street
- Level 25
- New South Wales
APA Group develops, owns, and operates natural gas transportation and energy infrastructure in Australia. The company operates through three segments: Energy Infrastructure, Asset Management, and Energy In...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:27|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.