Professional
Added to YB: 2025-08-04
Pitch date: 2025-07-30
APG [bullish]
APi Group Corporation
+17.57%
current return
Author Info
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Company Info
APi Group Corporation provides fire and life safety, security, elevator and escalator, and specialty services worldwide.
Market Cap
$19.3B
Pitch Price
$35.75
Price Target
68.00 (+62%)
Dividend
N/A
EV/EBITDA
17.94
P/E
-64.61
EV/Sales
2.71
Sector
Construction and Engineering
Category
growth
Greystone Capital Management Portfolio Holding: APi Group Corporation
APG (holding update): Fire/life safety leader grew 5x since 2020. Strong runway with 5-7% organic growth via Safety Services volumes, price increases & inspection revenue mix shift. FCF conversion targeting 80%. Elevated Facility acquisition expands beyond fire safety. Valued as cyclical industrial despite acyclical, recurring revenue. 15-25% annual return potential with $1.3B FCF by 2028 vs $14B market cap.
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