APA GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.32 AUD | -1.65% |
|
-0.36% | -2.58% |
| Mar. 12 | Strike Energy Signs Gas Transportation Agreement with APA Group; Shares Up 6% | MT |
| Feb. 23 | Jarden Research Adjusts APA Group’s Price Target to AU$9 From AU$9.20, Keeps at Overweight | MT |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 12,743 | 13,132 | 10,501 | 13,297 | 11,433 | 10,677 | - | - |
| Enterprise Value (EV) 1 | 22,630 | 22,915 | 19,992 | 23,319 | 22,457 | 22,859 | 23,074 | 23,122 |
| P/E ratio | 44.3 x | 41.4 x | 2,967 x | 51 x | 39.9 x | 9.01 x | 39.6 x | 34 x |
| Yield | 4.35% | 4.49% | 5.73% | 4.7% | 5.68% | 6.74% | 6.87% | 7.02% |
| Capitalization / Revenue | 5.2 x | 5.07 x | 4.03 x | 4.87 x | 3.92 x | 3.39 x | 3.14 x | 3.01 x |
| EV / Revenue | 9.23 x | 8.85 x | 7.67 x | 8.53 x | 7.71 x | 7.25 x | 6.78 x | 6.52 x |
| EV / EBITDA | 14.4 x | 13.9 x | 12.2 x | 13.8 x | 13 x | 12.1 x | 11.3 x | 10.7 x |
| EV / FCF | 52.5 x | 34.3 x | 32.3 x | -318 x | 94.8 x | 29.7 x | 28.9 x | 25.7 x |
| FCF Yield | 1.9% | 2.92% | 3.1% | -0.31% | 1.06% | 3.37% | 3.46% | 3.89% |
| Price to Book | 3.54 x | 4.07 x | 3.54 x | 5.06 x | 5.99 x | 3.13 x | 3.9 x | 4.4 x |
| Nbr of stocks (in thousands) | 1,179,894 | 1,179,894 | 1,179,894 | 1,179,894 | 1,179,894 | 1,283,353 | - | - |
| Reference price 2 | 10.80 | 11.13 | 8.900 | 11.27 | 9.690 | 8.320 | 8.320 | 8.320 |
| Announcement Date | 8/20/19 | 8/25/20 | 8/24/21 | 8/23/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,452 | 2,591 | 2,605 | 2,732 | 2,913 | 3,153 | 3,401 | 3,545 |
| EBITDA 1 | 1,574 | 1,654 | 1,633 | 1,692 | 1,725 | 1,887 | 2,037 | 2,160 |
| EBIT 1 | 962.4 | 1,002 | 968.7 | 957.1 | 975 | 963.1 | 1,078 | 1,190 |
| Operating Margin | 39.25% | 38.69% | 37.18% | 35.03% | 33.47% | 30.54% | 31.7% | 33.55% |
| Earnings before Tax (EBT) 1 | 465 | 505 | 66.58 | 440.1 | 477 | 385.7 | 438.8 | 522.9 |
| Net income 1 | 288 | 317.1 | 3.7 | 259.7 | 287 | 1,153 | 264.3 | 320.7 |
| Net margin | 11.75% | 12.24% | 0.14% | 9.5% | 9.85% | 36.56% | 7.77% | 9.05% |
| EPS 2 | 0.2440 | 0.2690 | 0.003000 | 0.2210 | 0.2430 | 0.9231 | 0.2102 | 0.2447 |
| Free Cash Flow 1 | 430.7 | 668.9 | 618.9 | -73.41 | 237 | 769.8 | 798.8 | 899.4 |
| FCF margin | 17.57% | 25.82% | 23.76% | -2.69% | 8.14% | 24.41% | 23.49% | 25.37% |
| FCF Conversion (EBITDA) | 27.37% | 40.44% | 37.9% | - | 13.74% | 40.79% | 39.21% | 41.63% |
| FCF Conversion (Net income) | 149.56% | 210.94% | 16,728.05% | - | 82.58% | 66.77% | 302.2% | 280.4% |
| Dividend per Share 2 | 0.4700 | 0.5000 | 0.5100 | 0.5300 | 0.5500 | 0.5609 | 0.5718 | 0.5837 |
| Announcement Date | 8/20/19 | 8/25/20 | 8/24/21 | 8/23/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,314 | 1,277 | 1,295 | 1,310 | - | 1,348 | 1,499 | 1,414 | 1,516 | 1,642 | - | - |
| EBITDA 1 | 842.2 | 811.7 | 822.8 | 810.2 | - | 832.4 | 890.6 | 834.4 | 930 | 958 | 1,023 | 1,030 |
| EBIT 1 | 522.8 | - | 491.5 | 477.2 | - | 400.9 | 534.2 | 440.8 | 405 | 526 | - | - |
| Operating Margin | 39.79% | - | 37.95% | 36.42% | - | 29.74% | 35.64% | 31.17% | 26.72% | 32.03% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | 185.1 | - | 286.3 | 1,120 | 276 | - | - |
| Net income 1 | 175 | - | -11.71 | - | 155.6 | 104.1 | 190.7 | 96.3 | 1,049 | 154 | - | - |
| Net margin | 13.32% | - | -0.9% | - | - | 7.72% | 12.72% | 6.81% | 69.2% | 9.38% | - | - |
| EPS 2 | - | - | - | - | 0.1310 | 0.0900 | - | 0.0810 | - | 0.1200 | - | - |
| Dividend per Share 2 | 0.2300 | - | 0.2400 | 0.2700 | - | 0.2800 | 0.2600 | 0.2900 | 0.2650 | 0.3000 | - | - |
| Announcement Date | 2/17/20 | 8/25/20 | 2/22/21 | 8/24/21 | 2/22/22 | 8/23/22 | 2/22/23 | 8/22/23 | 2/21/24 | - | - | - |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 9,887 | 9,782 | 9,491 | 10,021 | 11,024 | 12,182 | 12,396 | 12,444 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.283 x | 5.915 x | 5.812 x | 5.922 x | 6.391 x | 6.455 x | 6.085 x | 5.761 x |
| Free Cash Flow 1 | 431 | 669 | 619 | -73.4 | 237 | 770 | 799 | 899 |
| ROE (net income / shareholders' equity) | 7.46% | 9.29% | 9.11% | 9.31% | 12.8% | 9.63% | 10.2% | 15.3% |
| ROA (Net income/ Total Assets) | 1.88% | 2.02% | 1.83% | 1.57% | 1.83% | 2.27% | 2.45% | 3.02% |
| Assets 1 | 15,330 | 15,721 | 201.8 | 16,542 | 15,687 | 50,827 | 10,773 | 10,638 |
| Book Value Per Share 2 | 3.050 | 2.730 | 2.520 | 2.230 | 1.620 | 2.660 | 2.130 | 1.890 |
| Cash Flow per Share 2 | 0.8600 | 0.9300 | 0.8900 | 1.010 | 1.020 | 0.9600 | 0.9500 | 1.020 |
| Capex 1 | 581 | 427 | 422 | 661 | 1,166 | 1,008 | 689 | 661 |
| Capex / Sales | 23.71% | 16.48% | 16.2% | 24.18% | 40.03% | 31.97% | 20.26% | 18.64% |
| Announcement Date | 8/20/19 | 8/25/20 | 8/24/21 | 8/23/22 | 8/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
8.32
AUD
Average target price
8.915
AUD
Spread / Average Target
+7.16%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.58% | 6.96B | |
| +0.89% | 17.64B | |
| +28.35% | 16.4B | |
| -6.96% | 12.12B | |
| +10.84% | 9.16B | |
| +16.20% | 8.89B | |
| +3.56% | 7.48B | |
| +8.30% | 6.51B | |
| +7.30% | 4.96B | |
| -5.97% | 5.03B |
- Stock Market
- Equities
- APA Stock
- Financials APA Group
