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Market Cap

US$4.0b

Last Updated

2021/05/15 23:05 UTC

Data Sources

Company Financials +

Executive Summary

APi Group Corporation provides safety, specialty, and industrial services primarily in North America. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has APi Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: APG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: APG's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-8.1%

APG

-3.2%

US Construction

-1.7%

US Market


1 Year Return

110.2%

APG

140.1%

US Construction

50.8%

US Market

Return vs Industry: APG underperformed the US Construction industry which returned 139.8% over the past year.

Return vs Market: APG exceeded the US Market which returned 50.5% over the past year.


Shareholder returns

APGIndustryMarket
7 Day-8.1%-3.2%-1.7%
30 Day-11.2%2.0%-1.2%
90 Day4.0%11.7%0.4%
1 Year110.2%110.2%141.2%140.1%53.3%50.8%
3 Year109.9%109.9%56.2%53.4%61.5%51.4%
5 Yearn/a109.9%102.5%125.9%100.7%

Long-Term Price Volatility Vs. Market

How volatile is APi Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is APi Group undervalued compared to its fair value and its price relative to the market?

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: APG ($19.65) is trading below our estimate of fair value ($27.01)

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


Price To Earnings Ratio

PE vs Industry: APG is unprofitable, so we can't compare its PE Ratio to the US Construction industry average.

PE vs Market: APG is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate APG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: APG is good value based on its PB Ratio (2.3x) compared to the US Construction industry average (2.9x).


Future Growth

How is APi Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

78.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: APG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: APG's is expected to become profitable in the next 3 years.

Revenue vs Market: APG's revenue (5.9% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: APG's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: APG's Return on Equity is forecast to be low in 3 years time (14.3%).


Past Performance

How has APi Group performed over the past 5 years?

33.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: APG is currently unprofitable.

Growing Profit Margin: APG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if APG's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare APG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APG is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (10.8%).


Return on Equity

High ROE: APG has a negative Return on Equity (1.84%), as it is currently unprofitable.


Financial Health

How is APi Group's financial position?


Financial Position Analysis

Short Term Liabilities: APG's short term assets ($1.6B) exceed its short term liabilities ($781.0M).

Long Term Liabilities: APG's short term assets ($1.6B) do not cover its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: APG's debt to equity ratio (78.8%) is considered high.

Reducing Debt: Insufficient data to determine if APG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable APG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: APG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 69.6% per year.


Dividend

What is APi Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate APG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate APG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if APG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if APG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of APG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Russ Becker (54 yo)

17.33yrs

Tenure

US$1,742,994

Compensation

Mr. Russell A. Becker, also known as Russ, serves as the Chief Executive Officer and President of APi Electric Company. Mr. Becker has been the Chief Executive Officer and Director of APi Group Corporation...


CEO Compensation Analysis

Compensation vs Market: Russ's total compensation ($USD1.74M) is below average for companies of similar size in the US market ($USD5.35M).

Compensation vs Earnings: Russ's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: APG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: APG's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.5%.


Top Shareholders

Company Information

APi Group Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: APi Group Corporation
  • Ticker: APG
  • Exchange: NYSE
  • Founded: 1926
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$4.034b
  • Shares outstanding: 205.28m
  • Website: https://www.apigroupinc.com

Number of Employees


Location

  • APi Group Corporation
  • 1100 Old Highway 8 NW
  • New Brighton
  • Minnesota
  • 55112
  • United States

Listings


Biography

APi Group Corporation provides safety, specialty, and industrial services primarily in North America. It operates through three segments: Safety Services, Specialty Services, and Industrial Services. The S...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 23:05
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.