APA Valuation

APA Corp (US)

Add to Watchlist

Advanced Chart

21.640

+1.01(4.896%)1D

Overview
Forecast
Valuation
Earnings

APA Relative Valuation

APA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, APA is overvalued; if below, it's undervalued.

Historical Valuation

APA Corp (US) (APA) is now in the Fair zone, suggesting that its current forward PE ratio of 7.41 is considered Fairly compared with the five-year average of 6.33. The fair price of APA Corp (US) (APA) is between 10.24 to 32.91 according to relative valuation methord.

Relative Value

Fair Zone

10.24-32.91

Current Price：21.64

Fair

7.41

Trailing

Forward

2.67

EV/EBITDA

APA Corp (US). (APA) has a current EV/EBITDA of 2.67. The 5-year average EV/EBITDA is 3.45. The thresholds are as follows: Strongly Undervalued below 1.85, Undervalued between 1.85 and 2.65, Fairly Valued between 4.26 and 2.65, Overvalued between 4.26 and 5.06, and Strongly Overvalued above 5.06. The current Forward EV/EBITDA of 2.67 falls within the Historic Trend Line -Fairly Valued range.

5.64

EV/EBIT

APA Corp (US). (APA) has a current EV/EBIT of 5.64. The 5-year average EV/EBIT is 6.40. The thresholds are as follows: Strongly Undervalued below -4.61, Undervalued between -4.61 and 0.89, Fairly Valued between 11.90 and 0.89, Overvalued between 11.90 and 17.41, and Strongly Overvalued above 17.41. The current Forward EV/EBIT of 5.64 falls within the Historic Trend Line -Fairly Valued range.

0.91

APA Corp (US). (APA) has a current PS of 0.91. The 5-year average PS is 1.18. The thresholds are as follows: Strongly Undervalued below 0.67, Undervalued between 0.67 and 0.92, Fairly Valued between 1.43 and 0.92, Overvalued between 1.43 and 1.69, and Strongly Overvalued above 1.69. The current Forward PS of 0.91 falls within the Undervalued range.

1.81

P/OCF

APA Corp (US). (APA) has a current P/OCF of 1.81. The 5-year average P/OCF is 2.53. The thresholds are as follows: Strongly Undervalued below 1.32, Undervalued between 1.32 and 1.93, Fairly Valued between 3.14 and 1.93, Overvalued between 3.14 and 3.75, and Strongly Overvalued above 3.75. The current Forward P/OCF of 1.81 falls within the Undervalued range.

6.10

P/FCF

APA Corp (US). (APA) has a current P/FCF of 6.10. The 5-year average P/FCF is 5.98. The thresholds are as follows: Strongly Undervalued below 1.88, Undervalued between 1.88 and 3.93, Fairly Valued between 8.03 and 3.93, Overvalued between 8.03 and 10.08, and Strongly Overvalued above 10.08. The current Forward P/FCF of 6.10 falls within the Historic Trend Line -Fairly Valued range.

APA Corp (US) (APA) has a current Price-to-Book (P/B) ratio of 1.31. Compared to its 3-year average P/B ratio of 10.87 , the current P/B ratio is approximately -87.99% higher. Relative to its 5-year average P/B ratio of -34.82, the current P/B ratio is about -103.75% higher. APA Corp (US) (APA) has a Forward Free Cash Flow (FCF) yield of approximately 21.27%. Compared to its 3-year average FCF yield of 14.13%, the current FCF yield is approximately 50.53% lower. Relative to its 5-year average FCF yield of 13.38% , the current FCF yield is about 59.01% lower.

1.31

P/B

Median3y

10.87

Median5y

-34.82

21.27

FCF Yield

Median3y

14.13

Median5y

13.38

Competitors Valuation Multiple

The average P/S ratio for APA's competitors is 1.84, providing a benchmark for relative valuation. APA Corp (US) Corp (APA) exhibits a P/S ratio of 0.91, which is -50.46% above the industry average. Given its robust revenue growth of -14.35%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of APA decreased by 24.04% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 24.38 to 30.53.

The secondary factor is the Revenue Growth, contributed -14.35%to the performance.

Overall, the performance of APA in the past 1 year is driven by Margin Expansion. Which is more sustainable.

-14.35%

2.54B → 2.18B

Revenue Growth

25.23%

24.38 → 30.53

Margin Expansion

-34.92%

11.22 → 7.30

P/E Change

-24.04%