APi Group Corporation (APG) vs MasTec, Inc. (MTZ)

APi Group Corporation and MasTec, Inc. are both Engineering & Construction companies. APi Group Corporation and MasTec, Inc. are of similar size ($17.2B and $16.5B). APi Group Corporation has negative trailing earnings, so its P/E is not meaningful; MasTec, Inc. trades at 33.5×. MasTec, Inc. grew revenue faster over the last twelve months: 23.5% against 14.1%. MasTec, Inc. has the higher net margin (3.07% vs −2.94%) and the higher return on invested capital (8.57% vs 6.11%). Across the 21 metrics below, MasTec, Inc. leads on 16 and APi Group Corporation on 5.

Valuation

Metric APG MTZ Engineering & Construction median
P/E n/m 33.47 28.59
P/S 1.97 1.03 1.15
P/B 4.74 4.61 3.96
Price to free cash flow 23.86 56.29 25.24
EV/EBITDA 20.47 14.77 14.87
EV/Sales 2.29 1.18 1.42
Earnings yield (1.72%) 2.99% 2.47%
Free cash flow yield 4.19% 1.78% 1.91%

Profitability

Metric APG MTZ Engineering & Construction median
Gross margin 31.44% 12.91% 18.76%
Operating margin 7.17% 5.13% 6.26%
Net margin (2.94%) 3.07% 2.23%
Free cash flow margin 8.27% 1.83% 1.83%
Return on equity (7.42%) 14.95% 7.90%
Return on assets (2.68%) 4.93% 0.87%
Return on invested capital 6.11% 8.57% 2.52%

Growth

Metric APG MTZ Engineering & Construction median
Revenue growth (TTM) 14.09% 23.46% 16.67%
EPS growth (last fiscal year) (23.21%) 146.12% —
Revenue growth, 5-year CAGR 17.14% 17.73% 11.76%
Net income growth, 5-year CAGR 0.00% 4.33% 0.00%

Health

Metric APG MTZ Engineering & Construction median
Debt to equity 1.00 0.76 0.40
Current ratio 1.39 1.40 1.39
Net debt to EBITDA 2.10 1.79 0.38

Dividend

Metric APG MTZ Engineering & Construction median
Dividend yield — — 0.65%
Payout ratio 0.00 0.00 0.00

Size

Metric APG MTZ Engineering & Construction median
Market cap 16.50b 17.19b 1.31b

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