APi Group Corporation (APG) vs Tetra Tech, Inc. (TTEK)

APi Group Corporation and Tetra Tech, Inc. are both Engineering & Construction companies. APi Group Corporation is the larger, with a market value of $17.6B against $8.9B — 2.0× the size. APi Group Corporation has negative trailing earnings, so its P/E is not meaningful; Tetra Tech, Inc. trades at 20.8×. APi Group Corporation grew revenue faster over the last twelve months: 14.1% against −7.61%. Tetra Tech, Inc. has the higher net margin (8.60% vs −2.94%) and the higher return on invested capital (15.8% vs 6.11%). Across the 21 metrics below, Tetra Tech, Inc. leads on 16 and APi Group Corporation on 5.

Valuation

Metric APG TTEK Engineering & Construction median
P/E n/m 20.79 29.24
P/S 2.06 1.77 1.09
P/B 4.94 4.84 3.39
Price to free cash flow 24.91 16.35 24.81
EV/EBITDA 21.25 13.88 14.38
EV/Sales 2.38 1.93 1.37
Earnings yield (1.64%) 4.81% 2.83%
Free cash flow yield 4.01% 6.12% 2.28%

Profitability

Metric APG TTEK Engineering & Construction median
Gross margin 31.44% 18.78% 18.76%
Operating margin 7.17% 12.07% 6.26%
Net margin (2.94%) 8.60% 2.23%
Free cash flow margin 8.27% 10.81% 1.83%
Return on equity (7.42%) 24.26% 7.90%
Return on assets (2.68%) 9.97% 0.87%
Return on invested capital 6.11% 15.78% 2.52%

Growth

Metric APG TTEK Engineering & Construction median
Revenue growth (TTM) 14.09% (7.61%) 16.67%
EPS growth (last fiscal year) (23.21%) (24.39%) 13.42%
Revenue growth, 5-year CAGR 17.14% 12.69% 11.76%
Net income growth, 5-year CAGR 0.00% 7.34% 0.00%

Health

Metric APG TTEK Engineering & Construction median
Debt to equity 1.00 0.43 0.40
Current ratio 1.39 1.18 1.39
Net debt to EBITDA 2.10 1.00 0.38

Dividend

Metric APG TTEK Engineering & Construction median
Dividend yield — 0.79% 0.63%
Payout ratio — 0.17 0.17

Size

Metric APG TTEK Engineering & Construction median
Market cap 17.59b 8.91b 1.09b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack