APA Corporation

LSE:0HGC Stock Report

Market Cap: US$8.0b

APA Valuation

Is 0HGC 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 0HGC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$40.28
Fair Value
46.3% undervalued intrinsic discount
29
Number of Analysts

Below Fair Value: 0HGC ($21.65) is trading below our estimate of fair value ($40.28)

Significantly Below Fair Value: 0HGC is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0HGC?

Key metric: As 0HGC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0HGC. This is calculated by dividing 0HGC's market cap by their current earnings.
What is 0HGC's PE Ratio?
PE Ratio3.6x
EarningsUS$2.22b
Market CapUS$8.01b

Price to Earnings Ratio vs Peers

How does 0HGC's PE Ratio compare to its peers?

The above table shows the PE ratio for 0HGC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.3x
HBR Harbour Energy
49.8x-0.4%UK£3.9b
ITH Ithaca Energy
23.4x2.6%UK£2.1b
SEPL Seplat Energy
18.1x18.5%UK£1.2b
DEC Diversified Energy
5.9x-13.7%UK£686.9m
0HGC APA
3.6x-7.2%US$8.0b

Price-To-Earnings vs Peers: 0HGC is good value based on its Price-To-Earnings Ratio (3.6x) compared to the peer average (24.3x).

Price to Earnings Ratio vs Industry

How does 0HGC's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
ANGS Angus Energy
1.5xn/aUS$15.07m
No more companies available in this PE range
0HGC 3.6xIndustry Avg. 9.9xNo. of Companies5PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0HGC is good value based on its Price-To-Earnings Ratio (3.6x) compared to the UK Oil and Gas industry average (9.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0HGC'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.

0HGC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.6x
Fair PE Ratio12.8x

Price-To-Earnings vs Fair Ratio: 0HGC is good value based on its Price-To-Earnings Ratio (3.6x) compared to the estimated Fair Price-To-Earnings Ratio (12.8x).

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 0HGC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$21.82
US$30.54
+39.9%
22.4%US$49.00US$22.00n/a29
Feb ’26US$22.23
US$30.54
+37.4%
22.4%US$49.00US$22.00n/a29
Jan ’26US$23.12
US$31.12
+34.6%
23.7%US$49.00US$23.00n/a29
Dec ’25US$22.65
US$32.44
+43.2%
23.2%US$49.00US$23.00n/a30
Nov ’25US$23.17
US$34.54
+49.1%
20.6%US$49.00US$25.00n/a30
Oct ’25US$25.46
US$35.81
+40.7%
19.7%US$52.00US$27.00n/a30
Sep ’25US$28.42
US$38.24
+34.6%
19.0%US$57.00US$28.00n/a30
Aug ’25US$30.88
US$38.82
+25.7%
18.9%US$57.00US$27.00n/a30
Jul ’25US$29.82
US$39.81
+33.5%
19.7%US$57.00US$27.00n/a29
Jun ’25US$30.47
US$40.54
+33.1%
19.8%US$57.00US$27.00n/a29
May ’25US$30.31
US$41.59
+37.2%
18.4%US$58.00US$28.00n/a30
Apr ’25US$34.60
US$40.83
+18.0%
18.2%US$59.00US$30.00n/a25
Mar ’25US$30.49
US$41.81
+37.1%
19.7%US$65.00US$32.00n/a25
Feb ’25US$30.85
US$44.01
+42.7%
20.3%US$64.00US$32.00US$22.2325
Jan ’25US$35.91
US$47.46
+32.2%
16.2%US$61.00US$35.00US$23.1228
Dec ’24US$36.45
US$48.96
+34.3%
16.3%US$65.00US$34.00US$22.6528
Nov ’24US$39.69
US$50.93
+28.3%
14.9%US$65.00US$34.00US$23.1728
Oct ’24US$41.19
US$50.64
+22.9%
14.2%US$65.00US$34.00US$25.4628
Sep ’24US$45.23
US$50.07
+10.7%
14.4%US$65.00US$34.00US$28.4228
Aug ’24US$39.81
US$45.79
+15.0%
17.3%US$65.00US$30.00US$30.8828
Jul ’24US$34.58
US$47.22
+36.6%
19.0%US$69.00US$35.00US$29.8227
Jun ’24US$32.33
US$47.59
+47.2%
18.0%US$69.00US$35.00US$30.4727
May ’24US$36.77
US$49.32
+34.1%
16.5%US$72.00US$36.00US$30.3128
Apr ’24US$35.69
US$48.86
+36.9%
15.1%US$64.00US$33.00US$34.6028
Mar ’24US$39.51
US$51.37
+30.0%
12.9%US$64.00US$39.00US$30.4927
Feb ’24US$42.26
US$52.82
+25.0%
15.5%US$71.00US$35.00US$30.8528
Analyst Price Target
Consensus Narrative from 29 Analysts
US$30.50
Fair Value
29.0% undervalued intrinsic discount
29
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 05:35
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 Corporation is covered by 71 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Finbarr MacCarthyAtlantic Equities LLP
Ishan MajumdarBaptista Research