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APA GroupASX:APA Stock Report

Market Cap AU$13.9b
Share Price
AU$10.50
AU$9.03
16.3% overvalued intrinsic discount
1Y27.6%
7D3.8%
Portfolio Value
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APA Group

ASX:APA Stock Report

Market Cap: AU$13.9b

APA Community Fair Values

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APA Group Competitors

Price History & Performance

Summary of share price highs, lows and changes for APA Group
Historical stock prices
Current Share PriceAU$10.50
52 Week HighAU$10.50
52 Week LowAU$8.08
Beta0.25
1 Month Change6.49%
3 Month Change17.19%
1 Year Change27.58%
3 Year Change0.86%
5 Year Change6.38%
Change since IPO404.81%

Recent News & Updates

APA: Elevated P/E And Rich Interim Distribution Will Constrain Future Returns

APA Group's analyst price target has been adjusted slightly higher from A$8.95 to A$9.03 as analysts refine their assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News The Board has resolved to pay an interim distribution of A$0.275 per security for the half year ended 31 December 2025, compared with A$0.27 per security for the first half 2025 interim distribution (Key Developments).

APA: Elevated P/E And Interim Distribution Structure Will Signal Limited Upside

Analysts have kept their A$8.95 price target for APA Group steady, with only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions underpinning the updated view. What's in the News The Board has resolved to pay an interim distribution of A$0.275 per security for the half year ended 31 December 2025, with payment expected on 18 March 2026 (Key Developments).

APA: Future Interim Distribution Mix And Earnings Assumptions Will Support A Measured Outlook

Analysts have kept their A$8.95 price target for APA Group unchanged, pointing to only minor tweaks in assumptions such as a slightly lower discount rate and refined long term P/E and margin inputs. What's in the News The Board has resolved to pay an interim distribution of A$0.275 per security for the half year ended 31 December 2025, compared with A$0.27 per security for the first half 2025 interim distribution, which the company describes as a 1.9% increase (Key Developments).

APA: Future Distributions And Earnings Assumptions Will Support A Measured Outlook

Analysts have trimmed their price target for APA Group to A$8.95 from A$9.00. This reflects slightly lower assumed revenue growth and a modestly reduced discount rate, partly offset by a small uplift in projected profit margins and a marginally lower future P/E multiple.

APA: Future Distributions And Earnings Assumptions Will Support A Measured Outlook

Analysts have adjusted their fair value estimate for APA Group from A$8.72 to A$8.95, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News APA Group announced an estimated interim distribution of A$0.275 per security for the six months ended 31 December 2025, compared with the FY25 interim distribution of A$0.270 per security, described as a 1.9% increase (Key Developments).

Recent updates

APA: Elevated P/E And Rich Interim Distribution Will Constrain Future Returns

APA Group's analyst price target has been adjusted slightly higher from A$8.95 to A$9.03 as analysts refine their assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News The Board has resolved to pay an interim distribution of A$0.275 per security for the half year ended 31 December 2025, compared with A$0.27 per security for the first half 2025 interim distribution (Key Developments).

APA: Elevated P/E And Interim Distribution Structure Will Signal Limited Upside

Analysts have kept their A$8.95 price target for APA Group steady, with only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions underpinning the updated view. What's in the News The Board has resolved to pay an interim distribution of A$0.275 per security for the half year ended 31 December 2025, with payment expected on 18 March 2026 (Key Developments).

APA: Future Interim Distribution Mix And Earnings Assumptions Will Support A Measured Outlook

Analysts have kept their A$8.95 price target for APA Group unchanged, pointing to only minor tweaks in assumptions such as a slightly lower discount rate and refined long term P/E and margin inputs. What's in the News The Board has resolved to pay an interim distribution of A$0.275 per security for the half year ended 31 December 2025, compared with A$0.27 per security for the first half 2025 interim distribution, which the company describes as a 1.9% increase (Key Developments).

APA: Future Distributions And Earnings Assumptions Will Support A Measured Outlook

Analysts have trimmed their price target for APA Group to A$8.95 from A$9.00. This reflects slightly lower assumed revenue growth and a modestly reduced discount rate, partly offset by a small uplift in projected profit margins and a marginally lower future P/E multiple.

APA: Future Distributions And Earnings Assumptions Will Support A Measured Outlook

Analysts have adjusted their fair value estimate for APA Group from A$8.72 to A$8.95, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News APA Group announced an estimated interim distribution of A$0.275 per security for the six months ended 31 December 2025, compared with the FY25 interim distribution of A$0.270 per security, described as a 1.9% increase (Key Developments).

APA Group's (ASX:APA) Dividend Will Be A$0.275

Dec 19
APA Group's (ASX:APA) Dividend Will Be A$0.275

Increases to APA Group's (ASX:APA) CEO Compensation Might Cool off for now

Oct 15
Increases to APA Group's (ASX:APA) CEO Compensation Might Cool off for now

Pinning Down APA Group's (ASX:APA) P/S Is Difficult Right Now

Oct 01
Pinning Down APA Group's (ASX:APA) P/S Is Difficult Right Now

New Technology Like Basslink May Increase Capacity, But Regulatory Risks Persist

The upward revision in APA Group’s price target reflects a significant improvement in net profit margin, outweighing a reduced revenue growth outlook, with the consensus fair value increasing to A$8.67. What's in the News APA Infrastructure Trust and APA Investment Trust proposed amendments to their constitutions to insert a new clause 12 in the schedule.

APA Group (ASX:APA) Use Of Debt Could Be Considered Risky

Jun 12
APA Group (ASX:APA) Use Of Debt Could Be Considered Risky

Subdued Growth No Barrier To APA Group's (ASX:APA) Price

May 16
Subdued Growth No Barrier To APA Group's (ASX:APA) Price
User avatar

New Technology Like Basslink May Increase Capacity, But Regulatory Risks Persist

Investment in technology and strategic acquisitions could drive revenue growth and enhance profitability, with improved asset utilization and successful integration.

Shareholder Returns

APAAU Gas UtilitiesAU Market
7D3.8%-0.5%-0.5%
1Y27.6%14.0%5.8%

Return vs Industry: APA exceeded the Australian Gas Utilities industry which returned 14% over the past year.

Return vs Market: APA exceeded the Australian Market which returned 5.8% over the past year.

Price Volatility

Is APA's price volatile compared to industry and market?
APA volatility
APA Average Weekly Movement2.3%
Gas Utilities Industry Average Movement5.1%
Market Average Movement10.7%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.5%

Stable Share Price: APA has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: APA's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2,700Adam Watsonwww.apa.com.au

APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments. It operates gas transmission and interconnected grids, gas-fired power stations, solar and wind farms, and battery energy storage systems, as well as provides gas storage, processing, and compression facilities.

APA Group Fundamentals Summary

How do APA Group's earnings and revenue compare to its market cap?
APA fundamental statistics
Market capAU$13.90b
Earnings (TTM)AU$162.00m
Revenue (TTM)AU$3.20b
85.8x
P/E Ratio
4.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APA income statement (TTM)
RevenueAU$3.20b
Cost of RevenueAU$95.00m
Gross ProfitAU$3.10b
Other ExpensesAU$2.94b
EarningsAU$162.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin97.03%
Net Profit Margin5.07%
Debt/Equity Ratio475.1%

How did APA perform over the long term?

See historical performance and comparison

Dividends

5.4%
Current Dividend Yield
463%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 06:46
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

APA Group is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Reinhardt van der WaltBofA Global Research
Andrew ScottCGS International