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 16,573 - -
Change - -23.99% 85.24% 21.27% 61% 4.15% - -
Enterprise Value (EV) 1 6,368 6,582 9,998 12,138 17,760 18,887 18,032 17,111
Change - 3.36% 51.91% 21.4% 46.32% 6.35% -4.53% -5.1%
P/E -38.5x 188x -50.9x -42.8x -55.4x 39.6x 29.2x 24.4x
PBR 2.54x 1.5x 3.28x 3.35x 4.67x 4.37x 3.72x 3.2x
PEG - -2x 0x -1.8x -2.4x -0x 0.8x 1.2x
Capitalization / Revenue 1.47x 0.67x 1.18x 1.41x 2.01x 1.84x 1.71x 1.61x
EV / Revenue 1.62x 1x 1.44x 1.73x 2.24x 2.1x 1.86x 1.66x
EV / EBITDA 15.6x 9.78x 12.8x 13.6x 17.1x 15.4x 13x 11.2x
EV / EBIT 19.7x 11.2x 14.5x 14.8x 19x 16.8x 14x 12.1x
EV / FCF 50.1x 34.5x 23.4x 18.2x 26.8x 25.3x 20.2x 17.2x
FCF Yield 1.99% 2.9% 4.28% 5.5% 3.73% 3.95% 4.96% 5.82%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.4467 0.0667 -0.4533 -0.56 -0.69 0.9696 1.313 1.572
Distribution rate - - - - - - - -
Net sales 1 3,940 6,558 6,928 7,018 7,911 8,988 9,680 10,311
EBITDA 1 407 673 782 893 1,041 1,225 1,392 1,533
EBIT 1 324 587 690 820 937 1,126 1,285 1,419
Net income 1 -137 29 -161 -224 -288 414.9 579.3 689.3
Net Debt 1 579 2,182 1,848 2,254 1,847 2,314 1,458 537.8
Reference price 2 17.18 12.54 23.07 23.98 38.26 38.35 38.35 38.35
Nbr of stocks (in thousands) 336,938 350,860 353,339 412,164 415,906 432,160 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.55x2.1x15.42x-.--% 16.57B
55.6x2.57x24.51x0.07% 96.88B
12.23x1.05x5.75x4.78% 70.03B
34.14x4.29x23.31x0.2% 58.27B
25.33x1.96x19.28x1.17% 54.03B
50.85x4.05x25.61x1.91% 39.9B
26.99x0.68x11.16x2.29% 33.69B
23.37x1.59x14.71x0.2% 33.77B
21.59x0.43x6.83x2.81% 29.14B
4.87x0.31x5.93x5.79% 25.97B
Average 29.45x 1.90x 15.25x 1.92% 45.82B
Weighted average by Cap. 32.16x 2.12x 16.76x 1.76%

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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