Company Valuation: APA Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,768 15,008 11,005 8,542 8,675 15,601 - -
Change - 53.64% -26.67% -22.38% 1.56% 79.84% - -
Enterprise Value (EV) 1 16,976 20,216 16,106 13,961 12,652 18,743 18,236 17,515
Change - 19.08% -20.33% -13.32% -9.38% 48.14% -2.7% -3.96%
P/E 10.4x 4.24x 3.88x 10.2x 6.13x 7.5x 9.67x 9.56x
PBR -5.85x 34.4x 4.1x 1.6x 1.42x 2.11x 1.86x 1.78x
PEG - 0x -0.2x -0.1x 0.1x 0.2x -0.4x 8.21x
Capitalization / Revenue 1.23x 1.24x 1.34x 0.88x 0.94x 1.72x 1.9x 1.85x
EV / Revenue 2.14x 1.67x 1.97x 1.43x 1.37x 2.06x 2.22x 2.07x
EV / EBITDA 3.71x 2.96x 3.05x 2.36x 2.36x 2.95x 3.38x 3.44x
EV / EBIT 7.06x 3.31x 5.04x 7.34x 4.36x 4.69x 6.31x 6.35x
EV / FCF 7.12x 6.45x 20.2x 18.2x 12.4x 7.29x 10.1x 11.9x
FCF Yield 14% 15.5% 4.94% 5.51% 8.09% 13.7% 9.92% 8.39%
Dividend per Share 2 0.2375 0.75 1 1 1 1.007 1.023 1.074
Rate of return 0.88% 1.61% 2.79% 4.33% 4.09% 2.26% 2.3% 2.41%
EPS 2 2.59 11.02 9.25 2.27 3.99 5.941 4.606 4.659
Distribution rate 9.17% 6.81% 10.8% 44.1% 25.1% 16.9% 22.2% 23%
Net sales 1 7,928 12,132 8,192 9,737 9,220 9,078 8,199 8,443
EBITDA 1 4,573 6,838 5,275 5,918 5,359 6,358 5,395 5,098
EBIT 1 2,405 6,113 3,195 1,902 2,904 3,996 2,888 2,756
Net income 1 973 3,674 2,855 804 1,434 2,132 1,538 1,488
Net Debt 1 7,208 5,208 5,101 5,419 3,977 3,142 2,635 1,913
Reference price 2 26.89 46.68 35.88 23.09 24.46 44.53 44.53 44.53
Nbr of stocks (in thousands) 3,63,274 3,21,512 3,06,719 3,69,947 3,54,669 3,50,352 - -
Announcement Date 21/02/22 23/02/23 21/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.9x2.46x5.6x2.48% 16TCr
12.58x3.35x6.42x3.54% 10TCr
8.77x2.67x4.67x2.8% 7.73TCr
10x1.48x4.84x1.88% 6.16TCr
7.69x2.6x4.12x1.68% 6.11TCr
12.38x3.7x5.25x2.12% 5.75TCr
9.85x2.66x5.18x2.22% 5.75TCr
12.37x3.46x5.22x5.7% 4.49TCr
12.92x4.17x6.16x1.2% 3.44TCr
Average 11.06x 2.95x 5.27x 2.62% 7.38TCr
Weighted average by Cap. 11.28x 2.83x 5.35x 2.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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