Company Valuation: APi Group Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,789 4,400 8,150 9,884 15,913 17,936 - -
Change - -23.99% 85.24% 21.27% 61% 12.71% - -
Enterprise Value (EV) 1 6,368 6,582 9,998 12,138 17,760 19,668 18,868 17,817
Change - 3.36% 51.91% 21.4% 46.32% 10.74% -4.06% -5.57%
P/E -38.5x 188x -50.9x -42.8x -55.4x 36.4x 27.5x 23.3x
PBR 2.54x 1.5x 3.28x 3.35x 4.67x 4.6x 3.97x 3.47x
PEG - -2x 0x -1.8x -2.4x -0x 0.8x 1.3x
Capitalization / Revenue 1.47x 0.67x 1.18x 1.41x 2.01x 2.06x 1.93x 1.84x
EV / Revenue 1.62x 1x 1.44x 1.73x 2.24x 2.25x 2.03x 1.83x
EV / EBITDA 15.6x 9.78x 12.8x 13.6x 17.1x 16.4x 14x 12.2x
EV / EBIT 19.7x 11.2x 14.5x 14.8x 19x 18.8x 16.1x 13.5x
EV / FCF 50.1x 34.5x 23.4x 18.2x 26.8x 23.7x 19.7x 15.3x
FCF Yield 1.99% 2.9% 4.28% 5.5% 3.73% 4.22% 5.07% 6.56%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.4467 0.0667 -0.4533 -0.56 -0.69 1.138 1.506 1.78
Distribution rate - - - - - - - -
Net sales 1 3,940 6,558 6,928 7,018 7,911 8,726 9,317 9,748
EBITDA 1 407 673 782 893 1,041 1,197 1,348 1,458
EBIT 1 324 587 690 820 937 1,048 1,171 1,320
Net income 1 -137 29 -161 -224 -288 444.6 600.2 791.6
Net Debt 1 579 2,182 1,848 2,254 1,847 1,732 932.5 -118.9
Reference price 2 17.18 12.54 23.07 23.98 38.26 41.40 41.40 41.40
Nbr of stocks (in thousands) 3,36,938 3,50,860 3,53,339 4,12,164 4,15,906 4,33,228 - -
Announcement Date 01/03/22 28/02/23 28/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
66.96x2.89x28.27x0.07% 9.7TCr
13.23x1.07x5.86x4.45% 7.19TCr
40.14x4.92x27.27x0.17% 6.09TCr
26.02x1.98x19.25x1.19% 5.65TCr
55.51x4.63x29.58x1.64% 4.6TCr
33.37x0.78x13.26x1.91% 3.92TCr
28.38x0.55x8.77x2.12% 3.59TCr
26.19x1.69x16.35x0.18% 3.4TCr
4.76x0.3x6.29x5.97% 2.83TCr
Average 32.73x 2.09x 17.21x 1.97% 5.22TCr
Weighted average by Cap. 36.77x 2.34x 18.82x 1.71%

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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