APG Stock Analysis: Api | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 17.295m USD | 12M Return: 16.8% | US00187Y1001 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 114M
EPS Trend: 92.0%
Qual. Beats: 0
Rev. Trend: 92.7%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 9 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 large-cap industrial company classified within the Construction & Engineering sub-industry, headquartered in New Brighton, Minnesota. Founded in 1926 and originally known as J2 Acquisition Limited before rebranding in October 2019, the company went public on April 29, 2020.
The company operates through two reporting segments, Safety Services and Specialty Services, providing fire protection solutions, electronic security systems, and elevator and escalator services. These offerings span the design, installation, inspection, service, and monitoring of life safety systems for high tech services, advanced manufacturing, healthcare, fulfillment and distribution centers, and critical infrastructure end markets.
In addition to its core safety offerings, APi Group provides specialty contracting, fabrication and distribution, and infrastructure and utility services. Operations extend globally, with the companys recurring service and inspection work supported by regulatory and compliance requirements typical of life safety and infrastructure sectors.
- Safety Services segment revenue accelerates on fire protection demand
- Acquisitions drive specialty services margin expansion
- Commercial construction backlog growth lifts elevator and escalator installs
| 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 (898.0m): 3.69 < 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 October 16, 2026, the stock is trading at USD 40.33 with a total of 3,867,382 shares traded. Over the past week, the price has changed by +0.88%, over one month by +9.09%, over three months by -2.11% and over the past year by +16.76%.
Current recommended Stop Loss: 38.90 (which is 3.5% or 1.3 ATR below the current price).
Api has received a consensus analysts rating of 4.73. Therefore, it is recommended to buy APG.
- StrongBuy: 8
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 52.5 | 30.1% |
P/E Forward = 17.8891
P/S = 2.0497
P/B = 4.6486
Revenue TTM = 8.44b USD
EBIT TTM = 559.0m USD
EBITDA TTM = 898.0m 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 = 20.6b USD (17.3b + Debt 4.16b - CCE 851.0m)
Interest Coverage Ratio = 6.28 (Ebit TTM 559.0m / Interest Expense TTM 89.0m)
EV/FCF = 30.48x (Enterprise Value 20.6b / FCF TTM 676.0m)
FCF Yield = 3.28% (FCF TTM 676.0m / Enterprise Value 20.6b)
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 = 2.07 (Enterprise Value 20.6b / 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 = 3.69 (Net Debt 3.31b / EBITDA 898.0m)
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 = 8.26% (E(17.3b)/V(21.5b) * Re(9.87%) + D(4.16b)/V(21.5b) * Rd(2.14%) * (1-Tc(0.26)))
Discount Rate = 9.87% (= 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=-0.30% | Revisions=-25% | Analysts=12
EPS current Year (2026-12-31): EPS=0.97 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+240.5% | GrowthRev=+13.7%
EPS next Year (2027-12-31): EPS=2.00 | Chg30d=+0.43% | Revisions=+25% | GrowthEPS=+15.5% | GrowthRev=+7.9%
[Analyst] Revisions Ratio: +0% (up=2, down=2)