APA Group
APA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| b.D | LOCK|!qs&> | LOCK|NFfkCYJ |
APA Group: Former Market Darling Trading at a Discount
We think narrow-moat-rated APA Group is attractive at current prices. The CEO and other directors appear to agree, judging by their on-market buys in recent weeks. APA trades at a 22% discount to our unchanged fair value estimate of AUD 9.30 per security, offering a forecast fiscal 2025 distribution yield of 7.9%.
