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 17,892 - -
Change - -23.99% 85.24% 21.27% 61% 12.44% - -
Enterprise Value (EV) 1 6,368 6,582 9,998 12,138 17,760 19,624 18,825 17,773
Change - 3.36% 51.91% 21.4% 46.32% 10.5% -4.07% -5.59%
P/E -38.5x 188x -50.9x -42.8x -55.4x 36.3x 27.4x 23.2x
PBR 2.54x 1.5x 3.28x 3.35x 4.67x 4.59x 3.96x 3.46x
PEG - -2x 0x -1.8x -2.4x -0x 0.8x 1.3x
Capitalization / Revenue 1.47x 0.67x 1.18x 1.41x 2.01x 2.05x 1.93x 1.84x
EV / Revenue 1.62x 1x 1.44x 1.73x 2.24x 2.25x 2.03x 1.82x
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 18x 15.5x 13.5x
EV / FCF 50.1x 34.5x 23.4x 18.2x 26.8x 23.7x 19.8x 15.2x
FCF Yield 1.99% 2.9% 4.28% 5.5% 3.73% 4.21% 5.04% 6.57%
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 8,708 9,283 9,748
EBITDA 1 407 673 782 893 1,041 1,194 1,342 1,458
EBIT 1 324 587 690 820 937 1,093 1,218 1,320
Net income 1 -137 29 -161 -224 -288 442.9 595.2 791.6
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 41.30 41.30 41.30
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.($)
36.3x2.25x16.44x-.--% 1.79TCr
67.83x2.93x28.61x0.07% 9.86TCr
13.65x1.1x6.02x4.3% 7.48TCr
39.02x4.84x26.87x0.18% 5.92TCr
26.44x2.01x19.52x1.17% 5.79TCr
56.96x4.73x30.38x1.52% 4.76TCr
34.48x0.81x13.71x1.84% 4.06TCr
28.74x0.56x8.88x2.1% 3.65TCr
26.31x1.7x16.43x0.18% 3.41TCr
4.59x0.29x6.23x6.18% 2.72TCr
Average 33.43x 2.12x 17.31x 1.75% 4.94TCr
Weighted average by Cap. 37.18x 2.34x 18.89x 1.63%

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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