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 14,820 - -
Change - 53.64% -26.67% -22.38% 1.56% 70.83% - -
Enterprise Value (EV) 1 16,976 20,216 16,106 13,961 12,652 17,883 17,257 16,733
Change - 19.08% -20.33% -13.32% -9.38% 41.34% -3.5% -3.04%
P/E 10.4x 4.24x 3.88x 10.2x 6.13x 6.93x 9.03x 9x
PBR -5.85x 34.4x 4.1x 1.6x 1.42x 2.01x 1.76x 1.69x
PEG - 0x -0.2x -0.1x 0.1x 0.1x -0.4x 28.4x
Capitalization / Revenue 1.23x 1.24x 1.34x 0.88x 0.94x 1.63x 1.81x 1.75x
EV / Revenue 2.14x 1.67x 1.97x 1.43x 1.37x 1.97x 2.11x 1.98x
EV / EBITDA 3.71x 2.96x 3.05x 2.36x 2.36x 2.78x 3.16x 3.23x
EV / EBIT 7.06x 3.31x 5.04x 7.34x 4.36x 4.41x 5.9x 6.04x
EV / FCF 7.12x 6.45x 20.2x 18.2x 12.4x 7.11x 10.4x 11.5x
FCF Yield 14% 15.5% 4.94% 5.51% 8.09% 14.1% 9.59% 8.69%
Dividend per Share 2 0.2375 0.75 1 1 1 1.007 1.023 1.074
Rate of return 0.88% 1.61% 2.79% 4.33% 4.09% 2.38% 2.42% 2.54%
EPS 2 2.59 11.02 9.25 2.27 3.99 6.101 4.686 4.701
Distribution rate 9.17% 6.81% 10.8% 44.1% 25.1% 16.5% 21.8% 22.8%
Net sales 1 7,928 12,132 8,192 9,737 9,220 9,066 8,194 8,445
EBITDA 1 4,573 6,838 5,275 5,918 5,359 6,432 5,460 5,183
EBIT 1 2,405 6,113 3,195 1,902 2,904 4,055 2,926 2,772
Net income 1 973 3,674 2,855 804 1,434 2,170 1,561 1,496
Net Debt 1 7,208 5,208 5,101 5,419 3,977 3,063 2,437 1,913
Reference price 2 26.89 46.68 35.88 23.09 24.46 42.30 42.30 42.30
Nbr of stocks (in thousands) 363,274 321,512 306,719 369,947 354,669 350,352 - -
Announcement Date 21/2/22 23/2/23 21/2/24 26/2/25 25/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.93x1.97x2.78x2.38% 14.82B
11.81x2.31x5.11x2.71% 150B
11.95x3.17x6.18x3.7% 98.61B
8.26x2.49x4.37x2.96% 73.18B
9.55x1.42x4.63x1.97% 57.82B
6.98x2.4x3.79x1.82% 56.29B
9.02x2.46x4.91x2.37% 53.96B
11.15x3.32x4.76x2.36% 51.66B
12.09x3.31x5.03x6.05% 42.79B
5.51x1.62x3.88x4.91% 34.66B
Average 9.33x 2.45x 4.54x 3.12% 63.43B
Weighted average by Cap. 10.06x 2.51x 4.86x 3.03%

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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