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 11,675 - -
Change - 53.64% -26.67% -22.38% 1.56% 34.58% - -
Enterprise Value (EV) 1 16,976 20,216 16,106 13,961 12,652 14,694 14,018 13,088
Change - 19.08% -20.33% -13.32% -9.38% 16.14% -4.6% -6.64%
P/E 10.4x 4.24x 3.88x 10.2x 6.13x 5.11x 6.92x 6.22x
PBR -5.85x 34.4x 4.1x 1.6x 1.42x 1.44x 1.26x 1.12x
PEG - 0x -0.2x -0.1x 0.1x 0.1x -0.3x 0.6x
Capitalization / Revenue 1.23x 1.24x 1.34x 0.88x 0.94x 1.24x 1.42x 1.4x
EV / Revenue 2.14x 1.67x 1.97x 1.43x 1.37x 1.56x 1.7x 1.57x
EV / EBITDA 3.71x 2.96x 3.05x 2.36x 2.36x 2.21x 2.55x 2.32x
EV / EBIT 7.06x 3.31x 5.04x 7.34x 4.36x 3.47x 4.69x 4.83x
EV / FCF 7.12x 6.45x 20.2x 18.2x 12.4x 5.53x 7.93x 8.82x
FCF Yield 14% 15.5% 4.94% 5.51% 8.09% 18.1% 12.6% 11.3%
Dividend per Share 2 0.2375 0.75 1 1 1 1.022 1.047 1.138
Rate of return 0.88% 1.61% 2.79% 4.33% 4.09% 3.09% 3.17% 3.45%
EPS 2 2.59 11.02 9.25 2.27 3.99 6.461 4.775 5.309
Distribution rate 9.17% 6.81% 10.8% 44.1% 25.1% 15.8% 21.9% 21.4%
Net sales 1 7,928 12,132 8,192 9,737 9,220 9,449 8,249 8,334
EBITDA 1 4,573 6,838 5,275 5,918 5,359 6,652 5,487 5,642
EBIT 1 2,405 6,113 3,195 1,902 2,904 4,236 2,990 2,710
Net income 1 973 3,674 2,855 804 1,434 2,122 1,544 1,624
Net Debt 1 7,208 5,208 5,101 5,419 3,977 3,019 2,343 1,413
Reference price 2 26.89 46.68 35.88 23.09 24.46 33.03 33.03 33.03
Nbr of stocks (in thousands) 363,274 321,512 306,719 369,947 354,669 353,470 - -
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.($)
5.15x1.56x2.21x3.09% 11.68B
10.72x2.03x4.67x3.14% 131B
10.63x2.95x5.58x4.25% 86.08B
7.36x2.49x4.1x3.18% 69.23B
11.01x3.34x4.66x2.36% 51.62B
6.87x2.32x3.74x1.98% 51.54B
8.75x2.25x4.36x2.8% 48.58B
7.91x1.22x4.2x2.4% 47.07B
9.83x2.98x4.3x7.65% 38.69B
5.78x1.69x3.89x4.38% 36.46B
Average 8.40x 2.28x 4.17x 3.52% 57.22B
Weighted average by Cap. 9.09x 2.35x 4.46x 3.43%

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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  4. Valuation APA Corporation
-40%: Exceptional extension
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