APA Group (APAJF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of APA Group $1.86, price $6.96, upside -73.3%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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APA Group
APAJF · USWeakest SetupQuality growthStrongly overvalued and low quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range $3.46 – $8.20 · fair‑value band $1.40 – $2.34 · the $6.96 price screens above the $1.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
Company profile
APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments.
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APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments. It operates gas transmission and interconnected grids, gas-fired power stations, solar and wind farms, and battery energy storage systems, as well as provides gas storage, processing, and compression facilities. It also provides asset management and operating services to its energy investments and third parties; and invests in energy infrastructure. In addition, the company engages renewables projects; project construction process, such as horizontal directional drilling construction, pipeline construction process, open-trench construction, and pipeline construction process; and bundled energy systems. Further, it engages in electricity generation. The company also has interests in approximately 15,000 kilometers of gas transmission pipelines; approximately 29,500 kilometers of gas mains and pipelines; and 1.5 million gas consumer connections; and approximately 800 kilometers high-voltage electricity transmission, including 290 kilometers deep-sea cable. The company is headquartered in Sydney, Australia.
Stock analysis
APA Group (APAJF) currently trades at $6.96, while our model-based Fair Value estimate is $1.86, 73.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of $4.85 per share, and 0 of the 17 models we run sit above the $6.96 price.
Bear case: the Earnings-Based group reads lowest at $0.4200, and 17 of the 17 models stay below the price. Evidence for this calculation is low.
Scenario range: $1.40 (bear) to $2.34 (bull), the price of $6.96 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 39/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
APA Group reported revenue of A$3.2B in FY2025 versus A$2.6B in FY2021, a compound +5.6%/yr. Reported net income was A$99.0M in FY2025.
Key figures
Market cap $10.6B · P/E ratio 77.3 · P/S ratio 2.41 · EPS (TTM) $0.0900 · Dividend yield 8.3% · Net margin 3.1% · Return on equity 6.9% · Return on assets (EBIT) 5.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 15% below its 52-week high and 27% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Utilities peers we cover trades at 2% fair-value upside, at −73%, APAJF screens richer than that median.
Fair Value models
All 20 models by family
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Set up alert →Quality Score breakdown
Of which business quality 37 · Market factors (momentum, volatility) 65
Revenue & earnings trend
Growth Forecast
APAJF screens overvalued: fair value 73% below the price. Compare with Naturgy Energy Group →
Earlier news
- APA Group (APAJF) (FY 2026) Earnings Call Highlights: EBITDA Surges 8. ...
- APA Group (APAJF) (Half Year 2026) Earnings Call Highlights: Strong Financial Performance and ...
Compare APA Group with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Regulated Gas · 104 stocks
Valuation Multiplesvs Utilities - Regulated Gas median · lower = cheaper
Context: sector, industry, market
- Is the Utilities sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Utilities
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Naturgy Energy Group NTGY | €29.10 | €32.79 | +13% |
| Atmos Energy Corporation ATO | $156.38 | $77.00 | −51% |
| Uniper SE UN0 | €45.25 | €45.97 | +2% |
| NiSource Inc NI | $39.50 | $19.90 | −50% |
| The Hong Kong and China Gas Company 0003 | HK$7.08 | HK$4.79 | −32% |
| GAIL (India) Limited GAIL | ₹172.70 | ₹132.97 | −23% |
| Italgas S.p.A IG | €8.35 | €9.19 | +10% |
| ENN Natural Gas Co 600803 | ¥18.54 | ¥36.99 | +100% |
| UGI Corporation UGI | $36.24 | $32.74 | −10% |
| ENN Energy Holdings 2688 | HK$48.76 | HK$107.85 | +121% |
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Frequently asked questions
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Key figures of APA Group
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