Added to YB: 2026-03-02
Pitch date: 2026-02-27
APG [neutral]
APi Group Corporation
Author Info
Company Info
APi Group Corporation provides fire and life safety, security, elevator and escalator, and specialty services worldwide.
Market Cap
$19.3B
Pitch Price
N/A
Price Target
90.00 (+102%)
Dividend
N/A
EV/EBITDA
17.94
P/E
-64.61
EV/Sales
2.71
Sector
Construction and Engineering
Category
growth
APi Group: How the story has evolved and what's next
APG (holding update): Hit 13/60/80 targets (13.2% EBITDA margin, 80% FCF conversion, tracking to 60%+ inspection/monitoring rev). FY25: $7.9B rev (+13% YoY, 8% organic), $1.04B EBITDA, $836M FCF. New 10/16/60+ framework: $10B rev, 16% EBITDA margin by 2028. Leverage 1.6x. Trading 20x EBITDA. High-single digit base IRR, mid-teens bull case if margins expand & multiple holds.
Read full article (6 min)