APG Fundamental Analysis

Fundamental Outlook: APGNeutralSource: Massive API
Composite: 69/100 · Confidence: 68%

APG is currently showing strong fundamentals with a composite score of 69/100, resulting in a "Neutral" outlook. The company has a Piotroski F-Score of 4/9, indicating mixed operational signals. The Altman Z-Score of 4.15 places APG comfortably in the safe zone, suggesting low default risk. Quarterly earnings trends for APG are largely flat, showing neither significant improvement nor decline.

Strong Sell (0)Neutral (50)Strong Buy (100)
Piotroski F-Score
4030%
Altman Z-Score
9320%
Earnings Momentum
8030%
Short Sentiment
6920%
Altman Z-Score: Safe zone
Piotroski F-Score: 4/9
Mixed fundamentals
F1Positive ROA✓ Pass
F3Improving ROA✓ Pass
F5Decreasing Leverage✗ Fail
F6Improving Liquidity✗ Fail
F7No Dilution✗ Fail
F8Improving Gross Margin✓ Pass
F9Improving Asset Turnover✓ Pass
Altman Z-Score: 4.15Safe Zone
Z″-Score (Non-manufacturing)
X1 (WC/TA)0.099
X2 (RE/TA)0.068
X3 (EBIT/TA)0.061
X4 (Eq/TL)2.736
Safe > 2.60 · Grey 1.10–2.60 · Distress < 1.10
Earnings Momentum
Aggregate: +0.70 (range: -2 to +2)
EPS Growth2 consecutive quarters improving
Revenue Growth2 consecutive quarters
Gross MarginStable
Operating MarginStable
Net MarginExpanding
Short Sentiment
Score: 69/100 (higher = more bullish)
SI% of Float2/53.2%
Days to Cover3/53.5 days
SVR Trend1/520d−50d: -93.9pts
SI Trend3/5-2.1%
About This Analysis

Piotroski F-Score is a 9-point scoring system developed by accounting professor Joseph Piotroski to assess the financial strength of a company. It evaluates profitability (ROA, operating cash flow, accruals), leverage and liquidity (debt ratio, current ratio, share dilution), and operating efficiency (gross margin, asset turnover). Scores of 7–9 indicate strong fundamentals, while 0–3 suggest weakness.

Altman Z-Score is a formula developed by professor Edward Altman that predicts the probability of a company entering bankruptcy within two years. It combines five financial ratios — working capital, retained earnings, EBIT, market capitalization, and revenue — all relative to total assets. A score above 2.99 suggests the company is financially safe, while below 1.81 indicates distress. The Z-Score is not applicable to financial-sector companies (banks, insurance).

Earnings Momentum tracks quarter-over-quarter trends in EPS growth, revenue, and profit margins to assess whether a company's financial trajectory is improving or deteriorating. Short Sentiment evaluates bearish market positioning using short interest as a percentage of float, days to cover, and short volume trends — a high score (inverted) indicates bullish sentiment.