APA GROUP (APA)
Share Price Analysis and Chart

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APA

APA - APA GROUP

FNArena Sector : Infrastructure & Utilities
Year End: June
GICS Industry Group : Utilities
Debt/EBITDA: 7.04
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

APA Group owns and operates natural gas and electricity assets, while increasingly adding renewables. It is Australia's largest natural gas infrastructure business and one of few true local dividend champions. It listed in 2000.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$9.32

05 Dec
2025

-0.020

OPEN

$9.28

-0.21%

HIGH

$9.32

1,818,029

LOW

$9.24

TARGET
$8.41 -9.8% downside
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . ALX . CEN . DBI . DBI . GNE . GNP . MEZ . ORG . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
APA: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 7.6 21.3 xxx
DPS (cps) xxx 57.0 57.8 xxx
EPS Growth xxx - 90.1% 100.0% xxx
DPS Growth xxx 1.8% 1.3% xxx
PE Ratio xxx N/A 43.8 xxx
Dividend Yield xxx N/A 6.2% xxx
Div Pay Ratio(%) xxx 746.1% 271.1% xxx

Dividend yield today if purchased 3 years ago: 5.20%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.12

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 30/12 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx7.6
DPS All xxxxxxxxxxxxxxx57.0
Sales/Revenue xxxxxxxxxxxxxxx3,144.0 M
Book Value Per Share xxxxxxxxxxxxxxx204.5
Net Operating Cash Flow xxxxxxxxxxxxxxx1,284.0 M
Net Profit Margin xxxxxxxxxxxxxxx3.15 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx3.35 %
Return on Invested Capital xxxxxxxxxxxxxxx0.64 %
Return on Assets xxxxxxxxxxxxxxx0.49 %
Return on Equity xxxxxxxxxxxxxxx3.35 %
Return on Total Capital xxxxxxxxxxxxxxx6.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-178.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx17 M
Long Term Debt xxxxxxxxxxxxxxx14,002 M
Total Debt xxxxxxxxxxxxxxx14,019 M
Goodwill - Gross xxxxxxxxxxxxxxx1,860 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx800 M
Price To Book Value xxxxxxxxxxxxxxx3.99

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx964.0 M
Capex % of Sales xxxxxxxxxxxxxxx30.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,144 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx0 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx981 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Morgans

xx/xx/xxxx

4

xxxx

$xx.xx

xx.xx%

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UBS

25/11/2025

5

Sell

$7.70

-17.38%

UBS has a Sell rating and $7.70 target price on APA Group.

FORECAST
UBS forecasts a full year FY26 dividend of 57.00 cents and EPS of 23.00 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

01/12/2025

2

Overweight

$9.65

3.54%

Jarden highlights APA Group's partnership with CS Energy to develop the 400MW Brigalow gas-peaking plant marks its first major step into new gas-powered generation (GPG) investment.

This move aligns with management's strategy to diversify away from gas pipelines following a pivot toward higher-return GPG assets, explain the analysts.

The group will fund around -$800m of project capex over 2.5 years, forming a substantial portion of its planned -$2.1bn organic growth program, notes the broker. Revenues will be supported by a 25-year inflation-linked offtake agreement.

Start-up is anticipated in 2028. Jarden estimates Brigalow could contribute roughly $90m to group earnings from FY29.

Overweight. Target lifted to $9.65 from $9.10.

FORECAST
Jarden forecasts a full year FY26 dividend of 58.00 cents and EPS of 18.90 cents.
Jarden forecasts a full year FY27 dividend of 59.00 cents and EPS of 23.20 cents.
Access Extra Coverage Research History >

APA STOCK CHART

FNArena News on APA

Latest Infrastructure & Utilities News

1
What Now For AGL?

May 31 2022 - Australia
2
ESG Focus: APA Group Pushes Gas Prospects

May 10 2022 - ESG Focus
3
ESG Focus: Decarbonisation Demand Drives Ethical Investing

Apr 13 2022 - ESG Focus
4
Preferred Westgate Outcome For Transurban

Dec 21 2021 - Australia
5
Unstable Foundations: The Risks In Relying On A Post-Pandemic ‘Snapback’ In Infrastructure

Oct 01 2021 - International
6
The Right Price For Sydney Airport?

Jul 06 2021 - Australia
7
Accel Is A Hard Act To Sell For New AGL

Jul 02 2021 - Australia
8
Infrastructure’s Inbuilt Hedge Against Inflation

Apr 08 2021 - FYI
9
AGL’s Plans For Separation

Apr 01 2021 - Australia
10
How Can AGL Energy Broaden Its Appeal?

Mar 22 2021 - Australia