- Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): Reached A$971 million, marking a 16% increase compared to the previous year.
- Interim Distribution per Share: Increased slightly to A$0.27 from A$0.265 in the prior year.
- Net Income: Drastically decreased to A$34 million, showing a 97% drop year-over-year.
- Revenue: Rose to A$1.62 billion, reflecting a 6.9% growth from the previous year.
- Earnings Before Interest and Taxes (EBIT): Increased significantly by 22%, totaling A$495 million.
- Underlying EBITDA: Improved to A$1.02 billion, up 9.1% compared to last year.
- Free Cash Flow: Experienced a modest gain of 3.6%, reaching A$552 million.
- Analyst Recommendations: Currently, the company has 7 buy ratings, 4 hold ratings, and 1 sell rating.
APA Group on Smartkarma
Analyst coverage of APA Group on Smartkarma has been highlighted by Clarence Chu in a recent report titled “APA Group Placement – While the Overhang Remains, Selldown Appears Well Flagged.” In this analysis, Chu discusses Unisuper’s plan to raise A$500m by trimming its stake in APA Group. The report delves into the implications of this placement on the market, emphasizing the significant size of the deal relative to the stock’s trading volume. Chu provides insights on the deal dynamics and evaluates it through an ECM framework, offering a nuanced perspective on the potential impact on APA Group.
The sentiment in the report leans towards the bullish side, indicating a positive outlook on the situation. This thorough assessment by Clarence Chu showcases the depth of analysis and research available to investors on Smartkarma. With top independent analysts like Chu providing in-depth coverage and insights, investors can make more informed decisions regarding companies such as APA Group. Smartkarma’s platform continues to offer valuable research that aids investors in navigating complex market scenarios.
A look at APA Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
APA Group, a prominent natural gas infrastructure company in Australia, shows a strong long-term outlook according to Smartkarma Smart Scores. With a high score in both Dividend and Growth factors, APA Group is positioned favorably for investors seeking stable returns and potential for expansion. Additionally, the company’s moderate scores in Value and Momentum highlight a balanced approach to investment, focusing on both intrinsic worth and market performance. However, the lower score in Resilience indicates some vulnerability to market fluctuations or external challenges that may impact the company’s operations.
APA Group, known for owning and operating gas transmission and distribution assets across Australia, not only ensures a steady income stream for investors through its top-notch Dividend score but also exhibits strong potential for future development with a solid Growth score. Despite facing some challenges in terms of Resilience, APA Group‘s established presence in the energy infrastructure sector signifies stability and reliability in the long run. Investors looking for a mix of income generation and growth prospects could find APA Group a compelling choice in their investment portfolio.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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