APA's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.07 -- higher than merely 2.23% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Apache Corp's sales and general administrative expense to its total operating expenses; only 2.86% of US stocks have a lower such ratio.
Over the past twelve months, APA has reported earnings growth of -803.26%, putting it ahead of merely 2.32% of US stocks in our set.
If you're looking for stocks that are quantitatively similar to Apache Corp, a group of peers worth examining would be AMC, CORR, CLUB, OR, and PHX.
Apache Corporation explores, develops, and produces natural gas, crude oil, and natural gas liquids in the Permian Basin, the Anadarko basin in western Oklahoma, and the Texas Panhandle, Gulf Coast areas of the United States, as well as in Western Canada. The company was founded in 1954 and is based in Houston, Texas.
APA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for APA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Apache Corp ranked in the 53th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 30.33%. In terms of the factors that were most noteworthy in this DCF analysis for APA, they are:
Apache Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Apache Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -14.74. This coverage rate is greater than that of merely 6.55% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 15. This value is greater than 78.73% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NSFDF, CVI, PHX, BTE, and DCP can be thought of as valuation peers to APA, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
The S&P 500 Index staged a comeback during the second quarter after falling by 20 percentage points during the first three months of the year. The rebound was driven by increased optimism regarding the pace and shape of the economic recovery as shelter-in-place restrictions eased throughout many parts of the...
Indian firepower got a major boost as Indian Air Force completed acquisition of all Apache and Chinook Helicopters. Boeing has completed delivering all of these helicopters as per the deal it struck with the Indian Air Force.
NEW DELHI: Amid the ongoing standoff between the Indian and Chinese armies along the Line of Actual Control in Eastern Ladakh, US aerospace giant, Boeing, on Friday said that it has delivered the final five of the 22 Apache attack helicopters to the Indian Air Force. The attack helicopter fleet has already been deployed at key air bases along the LAC, especially in Eastern Ladakh. Boeing said that it has delivered all the 22 Apache helicopters and 15 Chinook heavy-lift helicopters to the IAF, while stressing that it is fully committed to working closely with India’s defence forces to meet their operational needs. The final five of the 22 Apaches were handed over at the Air Force Station in Hindan, the company added. In March, the last five of the Chinooks were handed to the IAF. Both th...