APA Group

CHIA:APA Stock Report

Market Cap: AU$9.3b

APA Group Valuation

Is APA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of APA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: APA (A$7.2) is trading below our estimate of fair value (A$20.89)

Significantly Below Fair Value: APA is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for APA?

Key metric: As APA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for APA. This is calculated by dividing APA's market cap by their current earnings.
What is APA's PE Ratio?
PE Ratio9.5x
EarningsAU$978.00m
Market CapAU$9.30b

Price to Earnings Ratio vs Peers

How does APA's PE Ratio compare to its peers?

The above table shows the PE ratio for APA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.6x
AGL AGL Energy
10.3x-2.3%AU$7.3b
ORG Origin Energy
13.5x-4.4%AU$18.9b
GAS Petrovietnam Gas
14.9x10.2%₫162.1t
NFG National Fuel Gas
75.7x44.2%US$5.9b
APA APA Group
9.5x-25.4%AU$9.3b

Price-To-Earnings vs Peers: APA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (28.6x).

Price to Earnings Ratio vs Industry

How does APA's PE Ratio compare vs other companies in the Global Gas Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
APA 9.5xIndustry Avg. 14.2xNo. of Companies14PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: APA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the Global Gas Utilities industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is APA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

APA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ratio11.4x

Price-To-Earnings vs Fair Ratio: APA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the estimated Fair Price-To-Earnings Ratio (11.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst APA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$7.20
AU$8.37
+16.3%
9.0%AU$9.30AU$6.60n/a11
Nov ’25AU$6.83
AU$8.38
+22.7%
8.9%AU$9.30AU$6.60n/a11
Oct ’25AU$7.74
AU$8.45
+9.2%
6.4%AU$9.30AU$7.40n/a12
Sep ’25AU$7.56
AU$8.47
+12.1%
6.4%AU$9.30AU$7.40n/a12
Aug ’25AU$7.95
AU$8.91
+12.1%
7.0%AU$9.90AU$7.44n/a12
Jul ’25AU$7.99
AU$8.92
+11.6%
6.9%AU$9.90AU$7.48n/a12
Jun ’25AU$8.29
AU$8.92
+7.5%
6.9%AU$9.90AU$7.48n/a12
May ’25AU$8.27
AU$8.92
+7.8%
6.9%AU$9.90AU$7.48n/a12
Apr ’25AU$8.40
AU$8.97
+6.7%
7.4%AU$9.90AU$7.48n/a12
Mar ’25AU$7.87
AU$8.90
+13.1%
7.4%AU$9.90AU$7.48n/a12
Feb ’25AU$8.44
AU$9.08
+7.6%
7.0%AU$9.98AU$7.56n/a11
Jan ’25AU$8.55
AU$9.04
+5.8%
6.8%AU$9.98AU$7.56n/a11
Dec ’24AU$8.56
AU$9.16
+7.0%
7.7%AU$10.40AU$7.56n/a11
Nov ’24AU$8.25
AU$9.65
+17.0%
6.1%AU$10.87AU$8.79AU$6.8311
Oct ’24AU$8.34
AU$9.79
+17.5%
6.1%AU$10.87AU$8.79AU$7.7410
Sep ’24AU$8.76
AU$9.79
+11.8%
6.1%AU$10.87AU$8.79AU$7.5610
Aug ’24AU$9.96
AU$10.77
+8.1%
5.6%AU$12.00AU$9.88AU$7.9512
Jul ’24AU$9.72
AU$10.75
+10.6%
5.9%AU$12.00AU$9.88AU$7.9914
Jun ’24AU$10.08
AU$10.71
+6.3%
6.0%AU$12.00AU$9.88AU$8.2913
May ’24AU$10.46
AU$10.70
+2.3%
6.1%AU$12.00AU$9.88AU$8.2712
Apr ’24AU$10.12
AU$10.65
+5.2%
6.8%AU$12.00AU$9.57AU$8.4013
Mar ’24AU$10.64
AU$10.65
+0.1%
6.7%AU$12.00AU$9.57AU$7.8713
Feb ’24AU$10.60
AU$10.55
-0.5%
6.7%AU$12.00AU$9.50AU$8.4413
Jan ’24AU$10.79
AU$10.50
-2.7%
7.0%AU$12.00AU$9.26AU$8.5513
Dec ’23AU$11.29
AU$10.47
-7.2%
6.8%AU$12.00AU$9.26AU$8.5613
Nov ’23AU$10.54
AU$10.55
+0.1%
6.3%AU$12.00AU$9.57AU$8.2512

Analyst Forecast: Target price is less than 20% higher than the current share price.

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