Company Valuation: APA Group

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 13,297 11,433 10,254 10,658 13,423 14,442 - -
Change - -14.02% -10.31% 3.94% 25.95% 7.59% - -
Enterprise Value (EV) 1 23,319 22,457 22,570 23,877 25,939 27,534 28,219 28,302
Change - -3.69% 0.5% 5.79% 8.64% 6.15% 2.49% 0.29%
P/E 51x 39.9x 10.1x 82.5x 57x 45.5x 40.7x 33.9x
PBR 5.06x 5.99x 3.16x 3.99x 4.97x 6.95x 8.63x 10.7x
PEG - 4.01x 0x -0.9x 0.7x 1.3x 3.5x 1.7x
Capitalization / Revenue 4.87x 3.92x 3.35x 3.33x 4.47x 4.48x 4.28x 4.11x
EV / Revenue 8.53x 7.71x 7.37x 7.45x 8.64x 8.54x 8.37x 8.06x
EV / EBITDA 13.8x 13x 11.9x 11.8x 11.9x 12x 11.7x 10.9x
EV / EBIT 24.4x 23x 23.2x 26.4x 24.6x 22.4x 21.5x 19.4x
EV / FCF -318x 94.8x 21x 22x 23.2x 22.3x 23.7x 22.3x
FCF Yield -0.31% 1.06% 4.75% 4.54% 4.31% 4.48% 4.22% 4.48%
Dividend per Share 2 0.53 0.55 0.56 0.57 0.58 0.591 0.6013 0.6137
Rate of return 4.7% 5.68% 7.01% 6.98% 5.72% 5.42% 5.51% 5.63%
EPS 2 0.221 0.243 0.789 0.099 0.178 0.24 0.2678 0.3221
Distribution rate 240% 226% 71% 576% 326% 246% 225% 191%
Net sales 1 2,732 2,913 3,064 3,204 3,003 3,224 3,372 3,511
EBITDA 1 1,692 1,725 1,893 2,015 2,183 2,296 2,414 2,599
EBIT 1 957.1 975 974 904 1,053 1,228 1,311 1,457
Net income 1 259.7 287 998 129 234 318.6 355.9 432.4
Net Debt 1 10,021 11,024 12,316 13,219 12,516 13,091 13,777 13,859
Reference price 2 11.27 9.69 7.99 8.17 10.14 10.91 10.91 10.91
Nbr of stocks (in thousands) 11,79,894 11,79,894 12,83,353 13,04,488 13,23,751 13,23,751 - -
Announcement Date 23/08/22 22/08/23 27/08/24 19/08/25 19/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
45.67x8.56x12.02x5.39% 1.04TCr
13.51x2.02x7.28x6.23% 3.16TCr
19.97x7.64x14.72x2.38% 2.86TCr
15.41x1.33x9.37x2.21% 1.44TCr
16.9x1.09x7.86x1.9% 1.34TCr
11.79x0.92x9.26x3.88% 1.21TCr
18.98x5.16x9.46x4.13% 862.51Cr
11.56x4.07x6.91x2.61% 793.91Cr
Average 19.23x 3.85x 9.61x 3.59% 1.59TCr
Weighted average by Cap. 18.26x 3.88x 9.95x 3.79%

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