APG Stock Analysis: Api | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 18.993m USD | 12M Return: 23.7% | US00187Y1001 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 109M
EPS Trend: 92.0%
Qual. Beats: 0
Rev. Trend: 92.7%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 8.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
APi Group Corporation (NYSE: APG) is a global provider of fire and life safety, security, elevator and escalator, and specialty contracting services, operating through two reportable segments: Safety Services and Specialty Services. The company serves end markets such as high tech, advanced manufacturing, healthcare, fulfillment and distribution centers, and critical infrastructure, offering design, installation, inspection, service, and monitoring of life safety and building systems.
The company reached the public markets on April 29, 2020, through a merger with a special purpose acquisition company (SPAC), having previously been known as J2 Acquisition Limited before adopting its current name in October 2019. APi Group is classified within the Industrials sector and the Construction & Engineering sub-industry under the Global Industry Classification Standard (GICS).
Founded in 1926 and headquartered in New Brighton, Minnesota, APi Group has grown largely through an acquisition-based business model, consolidating regional and local safety, security, and specialty services contractors. This roll-up strategy is common in fragmented commercial services industries, where scale, regulatory compliance, and recurring service contracts create barriers to entry and support long-term customer relationships.
- Service revenue mix shift expands operating margins
- M&A consolidates fragmented fire and life safety market
- Data center and healthcare construction demand grows backlog
| Net Income: 346.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.13 > 1.0 |
| NWC/Revenue: 11.72% < 20% (prev 11.70%; Δ 0.03% < -1%) |
| CFO/TA 0.08 > 3% & CFO 782.0m > Net Income 346.0m |
| Net Debt (3.31b) to EBITDA (893.0m): 3.71 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (436.0m) vs 12m ago 4.85% < -2% |
| Gross Margin: 29.27% > 18% (prev 30.31%; Δ -1.04% > 0.5%) |
| Asset Turnover: 91.29% > 50% (prev 86.61%; Δ 4.68% > 0%) |
| Interest Coverage Ratio: 6.28 > 6 (EBIT TTM 559.0m / Interest Expense TTM 89.0m) |
| A: 0.10 (Total Current Assets 3.53b - Total Current Liabilities 2.54b) / Total Assets 9.95b |
| B: 0.07 (Retained Earnings 673.0m / Total Assets 9.95b) |
| C: 0.06 (EBIT TTM 559.0m / Avg Total Assets 9.24b) |
| D: 0.55 (Book Value of Equity 3.52b / Total Liabilities 6.43b) |
| Altman-Z'' = 1.85 = BBB |
| DSRI: 0.73 (Receivables 1.71b/2.05b, Revenue 8.44b/7.40b) |
| GMI: 1.04 (GM 30.31% / 29.27%) |
| AQI: 0.96 (AQ_t 0.57 / AQ_t-1 0.59) |
| SGI: 1.14 (Revenue 8.44b / 7.40b) |
| TATA: -0.04 (NI 346.0m - CFO 782.0m) / TA 9.95b) |
| Beneish M = -3.14 (Cap -4..+1) = AA |
As of August 17, 2026, the stock is trading at USD 43.95 with a total of 1,137,295 shares traded. Over the past week, the price has changed by +5.35%, over one month by +7.64%, over three months by +4.07% and over the past year by +23.66%.
Current recommended Stop Loss: 42.10 (which is 4.2% or 1.5 ATR below the current price).
Api has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy APG.
- StrongBuy: 6
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 52.4 | 19.1% |
P/E Forward = 20.79
P/S = 2.2509
P/B = 5.402
Revenue TTM = 8.44b USD
EBIT TTM = 559.0m USD
EBITDA TTM = 893.0m USD
Long Term Debt = 3.22b USD (from longTermDebt, last quarter)
Short Term Debt = 406.0m USD (from shortTermDebt, last quarter)
Debt = 4.16b USD (from shortLongTermDebtTotal, last quarter) + Leases 319.0m
Net Debt = 3.31b USD (calculated: Debt 4.16b - CCE 851.0m)
Enterprise Value = 22.3b USD (19.0b + Debt 4.16b - CCE 851.0m)
Interest Coverage Ratio = 6.28 (Ebit TTM 559.0m / Interest Expense TTM 89.0m)
EV/FCF = 32.99x (Enterprise Value 22.3b / FCF TTM 676.0m)
FCF Yield = 3.03% (FCF TTM 676.0m / Enterprise Value 22.3b)
FCF Margin = 8.01% (FCF TTM 676.0m / Revenue TTM 8.44b)
Net Margin = 4.10% (Net Income TTM 346.0m / Revenue TTM 8.44b)
Gross Margin = 29.27% ((Revenue TTM 8.44b - Cost of Revenue TTM 5.97b) / Revenue TTM)
Gross Margin QoQ = 31.19% (prev 28.10%)
Tobins Q-Ratio = 2.24 (Enterprise Value 22.3b / Total Assets 9.95b)
Interest Expense / Debt = 2.14% (Interest Expense 89.0m / Debt 4.16b)
Taxrate = 26.07% (122.0m / 468.0m)
NOPAT = 413.3m (EBIT 559.0m * (1 - 26.07%))
Current Ratio = 1.39 (Total Current Assets 3.53b / Total Current Liabilities 2.54b)
Debt / Equity = 1.18 (Debt 4.16b / totalStockholderEquity, last quarter 3.52b)
Debt / EBITDA = 3.71 (Net Debt 3.31b / EBITDA 893.0m)
Debt / FCF = 4.90 (Net Debt 3.31b / FCF TTM 676.0m)
Total Stockholder Equity = 3.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.74% (Net Income 346.0m / Total Assets 9.95b)
RoE = 10.11% (Net Income TTM 346.0m / Total Stockholder Equity 3.42b)
RoCE = 8.42% (EBIT 559.0m / Capital Employed (Equity 3.42b + L.T.Debt 3.22b))
RoIC = 5.59% (NOPAT 413.3m / Invested Capital 7.39b)
WACC = 8.24% (E(19.0b)/V(23.2b) * Re(9.70%) + D(4.16b)/V(23.2b) * Rd(2.14%) * (1-Tc(0.26)))
Discount Rate = 9.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 44.87 | Cagr: 6.98%
[DCF] Terminal Value 77.97% ; FCFF base≈633.2m ; Y1≈725.9m ; Y5≈1.07b
[DCF] Fair Price = 29.54 (EV 16.1b - Net Debt 3.31b = Equity 12.8b / Shares 432.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 92.03 | EPS CAGR: 15.48% | SUE: 0.0 | # QB: 0
Revenue Correlation: 92.68 | Revenue CAGR: 7.91% | SUE: 0.90 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.47 | Chg30d=+1.46% | Revisions=+57% | Analysts=12
EPS current Year (2026-12-31): EPS=0.97 | Chg30d=-21.91% | Revisions=+40% | GrowthEPS=+240.4% | GrowthRev=+13.6%
EPS next Year (2027-12-31): EPS=1.99 | Chg30d=-0.52% | Revisions=+38% | GrowthEPS=+15.4% | GrowthRev=+7.7%
[Analyst] Revisions Ratio: +64% (up=10, down=1)