Professional
Added to YB: 2026-01-30
Pitch date: 2026-01-23
APG [neutral]
APi Group Corporation
+6.09%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
APi Group Corporation provides safety and specialty services worldwide. The company offers end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, elevators, and escalators, including design, installation, inspection, and service of these integrated systems.
Market Cap
$19.3B
Pitch Price
$41.86
Price Target
65.00 (+46%)
Dividend
N/A
EV/EBITDA
20.50
P/E
123.65
EV/Sales
2.85
Sector
Construction and Engineering
Category
growth
Greystone Capital Portfolio Holding: APi Group Corporation
APG (holding update): Fire/life-safety services co w/ mid-single-digit organic growth, expanding margins, strong FCF generation. Shifting to higher-margin recurring inspection/service work. Mission-critical, recession-resistant model. 2028 targets: $10B revenue, $1.6B EBITDA, 80% FCF conversion = $65 price target (60% upside, 18% IRR).
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