Professional
Added to YB: 2025-08-04
Pitch date: 2025-07-30
APG [bullish]
APi Group Corporation
+24.22%
current return
Author Info
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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
$35.75
Price Target
68.00 (+53%)
Dividend
N/A
EV/EBITDA
20.50
P/E
123.65
EV/Sales
2.85
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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