Professional
Added to YB: 2024-02-01
Pitch date: 2024-02-01
APG [bullish]
APi Group Corporation
+81.04%
current return
Author Info
No bio for this author
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
$15.5B
Pitch Price
$21.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.94
P/E
103.07
EV/Sales
2.36
Sector
Construction and Engineering
Category
growth
Greystone Capital top 5 holding - APi Group ($APG)
$APG: Largest portfolio holding; fire safety biz grew KPIs since '20 SPAC. Stock +50% FY23 but more upside. Mgmt grew recurring rev, margins & cash flow; paid debt, made tuck-ins. Mix shift + M&A = higher revs, margins & multiple. 75yr old co w/ strong ops & capital allocation.
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