APA Group
ASX:APA

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APA Group
ASX:APA
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Price: 8.36 AUD 0.48% Market Closed
Market Cap: 10.8B AUD

Relative Value

The Relative Value of one APA stock under the Base Case scenario is 20.7 AUD. Compared to the current market price of 8.36 AUD, APA Group is Undervalued by 60%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

APA Relative Value
Base Case
20.7 AUD
Undervaluation 60%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
25
Median 3Y
3.7
Median 5Y
4
Industry
1.7
Forward
3.4
vs History
vs Industry
56
Median 3Y
37.2
Median 5Y
43.5
Industry
14.9
Forward
63
vs History
68
vs Industry
33
Median 3Y
8.8
Median 5Y
9.4
Industry
6.8
vs History
19
vs Industry
15
Median 3Y
8.6
Median 5Y
8.6
Industry
14
vs History
34
vs Industry
10
Median 3Y
4.1
Median 5Y
3.4
Industry
1.4
vs History
74
vs Industry
15
Median 3Y
7.6
Median 5Y
7.6
Industry
2.8
Forward
7.1
vs History
80
vs Industry
38
Median 3Y
10.1
Median 5Y
10.3
Industry
7.4
vs History
0
vs Industry
9
Median 3Y
24.1
Median 5Y
22.5
Industry
10.3
Forward
11.3
vs History
0
vs Industry
15
Median 3Y
24.1
Median 5Y
22.5
Industry
14.9
Forward
22.1
vs History
26
vs Industry
20
Median 3Y
17.9
Median 5Y
18.1
Industry
10.8
vs History
28
vs Industry
5
Median 3Y
125
Median 5Y
45.2
Industry
16.9
vs History
71
vs Industry
25
Median 3Y
1.4
Median 5Y
1.4
Industry
0.9

Multiples Across Competitors

APA Competitors Multiples
APA Group Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
APA Group
ASX:APA
10.8B AUD 3.4 -235.3 29.1 29.1
ES
Naturgy Energy Group SA
MAD:NTGY
25.1B EUR 1.3 13.2 6.2 8.7
US
Atmos Energy Corp
NYSE:ATO
25.7B USD 4.8 18.5 13.5 18.5
IT
Snam SpA
MIL:SRG
17B EUR 4.8 13.5 11.6 18.2
HK
Hong Kong and China Gas Co Ltd
HKEX:3
132.9B HKD 2.4 23.3 14.5 20.8
IN
GAIL (India) Ltd
NSE:GAIL
1.2T INR 0.9 9.9 7.3 9.5
JP
Tokyo Gas Co Ltd
TSE:9531
1.8T JPY 0.7 19.9 7.2 20.2
JP
Osaka Gas Co Ltd
TSE:9532
1.5T JPY 0.7 15 9.4 21.3
CN
ENN Energy Holdings Ltd
HKEX:2688
68.8B HKD 0.6 10.8 6 8.1
CA
AltaGas Ltd
TSX:ALA
11.7B CAD 0.9 20.7 13.8 20.4
CN
ENN Natural Gas Co Ltd
SSE:600803
61.2B CNY 0.5 13.9 6.7 6.7
P/E Multiple
Earnings Growth PEG
AU
APA Group
ASX:APA
Average P/E: 15.9
Negative Multiple: -235.3
-32%
N/A
ES
Naturgy Energy Group SA
MAD:NTGY
13.2
-1%
N/A
US
Atmos Energy Corp
NYSE:ATO
18.5
9%
2.1
IT
Snam SpA
MIL:SRG
13.5
5%
2.7
HK
Hong Kong and China Gas Co Ltd
HKEX:3
23.3
7%
3.3
IN
GAIL (India) Ltd
NSE:GAIL
9.9
4%
2.5
JP
T
Tokyo Gas Co Ltd
TSE:9531
19.9
-5%
N/A
JP
Osaka Gas Co Ltd
TSE:9532
15
2%
7.5
CN
ENN Energy Holdings Ltd
HKEX:2688
10.8
13%
0.8
CA
AltaGas Ltd
TSX:ALA
20.7
12%
1.7
CN
ENN Natural Gas Co Ltd
SSE:600803
13.9
15%
0.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
APA Group
ASX:APA
Average EV/EBITDA: 11.4
29.1
38%
0.8
ES
Naturgy Energy Group SA
MAD:NTGY
6.2
-1%
N/A
US
Atmos Energy Corp
NYSE:ATO
13.5
14%
1
IT
Snam SpA
MIL:SRG
11.6
6%
1.9
HK
Hong Kong and China Gas Co Ltd
HKEX:3
14.5
7%
2.1
IN
GAIL (India) Ltd
NSE:GAIL
7.3
6%
1.2
JP
T
Tokyo Gas Co Ltd
TSE:9531
7.2
1%
7.2
JP
Osaka Gas Co Ltd
TSE:9532
9.4
0%
N/A
CN
ENN Energy Holdings Ltd
HKEX:2688
6
10%
0.6
CA
AltaGas Ltd
TSX:ALA
13.8
12%
1.2
CN
ENN Natural Gas Co Ltd
SSE:600803
6.7
21%
0.3