- Net Income: APA Group‘s net income for FY 2024 was A$998 million, a significant increase from A$287 million in the previous year.
- Revenue: The company reported a revenue of A$3.06 billion, marking a 5.2% increase year-over-year (y/y).
- Final Distribution Per Share: The final distribution per share was A$0.295, slightly up from A$0.290 in the previous year.
- EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose by 3% y/y to reach A$1.74 billion.
- Distribution Per Security: Distribution per security was reported at A$0.560.
- Underlying EBITDA: The underlying EBITDA saw a robust growth of 9.7% y/y, reaching A$1.89 billion.
- Free Cash Flow: APA Group recorded a free cash flow of A$1.07 billion.
- Analyst Ratings: The stock received 5 buy ratings, 7 hold ratings, and 0 sell ratings.
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 natural gas infrastructure company with a diverse asset portfolio across Australia, has been assessed through Smartkarma Smart Scores. These scores provide insight into the company’s long-term prospects. While APA Group‘s Value rating is moderate, its Dividend and Growth scores are high, indicating strong potential for income generation and expansion. However, the company’s Resilience score is comparatively lower, reflecting potential risks in this aspect. The Momentum score falls in the middle range. Overall, APA Group‘s outlook suggests a favorable position for investors seeking steady dividends and growth opportunities within the energy sector.
APA Group, known for its extensive gas transmission and distribution network throughout Australia, has received favorable ratings in Dividend and Growth categories based on Smartkarma Smart Scores. With pipelines spanning across the country, APA Group presents a reliable investment option for those interested in the energy infrastructure sector. Although the Resilience score indicates moderate stability, the company’s robust performance in Dividend and Growth areas highlights its strength in generating returns and pursuing expansion. Investors looking for a solid income stream and growth potential may find APA Group an appealing long-term prospect within the natural gas industry.
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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