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APi GroupAPG +0.03%78 Earnings Yield (Joel Greenblatt) % is 2.86% as of Mar. 2026, which is 4% above its 10-year median of 2.75. GuruFocus rates APG with a GF Score™ of 78/100 and a GF Value™ of $26.87 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,798 Construction companies, APi Group ranks worse than 67.52% on this metric.
APi Group's Enterprise Value for the quarter that ended in Mar. 2026 was $19,979 Mil.
APi Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $571 Mil. APi Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.86%.
The historical rank and industry rank for APi Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
APG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.03 Med: 2.75 Max: 4.38
Current: 2.92
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of APi Group was 4.38%. The lowest was -13.03%. And the median was 2.75%.
APG's Earnings Yield (Joel Greenblatt) % is ranked worse than 67.52% of 1798
companies
in the Construction industry
Industry Median: 6.345
vs APG: 2.92
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. APi Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 17.88%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
APi Group (NYSE:APG) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
APi Group Earnings Yield (Joel Greenblatt) % Related Terms
APi Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for APi Group's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
APi Group Earnings Yield (Joel Greenblatt) % Chart
APG vs J, DY, IESC: Earnings Yield (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, APi Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
APi Group Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, APi Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where APi Group's Earnings Yield (Joel Greenblatt) % falls into.
APi Group Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
APi Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
APi Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $571 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.86% mean?
APi Group (APG) has a Earnings Yield (Joel Greenblatt) % of 2.86% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on APi Group and its competitors. This is near median its historical median of 2.75. According to the industry distribution chart, APi Group ranks #1214 out of 1798 companies in the Construction industry, placing it in the top 67.5%.
Is APi Group's Earnings Yield (Joel Greenblatt) % too high?
APi Group's current Earnings Yield (Joel Greenblatt) % of 2.86% is near median its 10-year median of 2.75. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.35. APi Group's value of 2.86% is 54.9% below this industry median. Based on the distribution chart, APi Group ranks #1214 out of 1798 companies in the Construction industry, which is below the industry midpoint. Overall, APi Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APi Group's Earnings Yield (Joel Greenblatt) % compare to J and DY?
According to the Construction industry distribution chart, APi Group ranks #1214 out of 1798 companies for Earnings Yield (Joel Greenblatt) %. This places APi Group in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.35. APi Group's value of 2.86% is 54.9% below this benchmark. While the company's 10-year median is 2.75 vs. the industry median of 6.35, APi Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.35, based on 1,798 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APi Group's current Earnings Yield (Joel Greenblatt) % of 2.86% is 54.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on APi Group and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APi Group's current Earnings Yield (Joel Greenblatt) % is 2.86%, which is near median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APi Group stock overvalued right now?
Based on GuruFocus' analysis, APi Group (APG) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.87, compared to a current price of $39.57 — trading 47.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.86%, which is near median its 10-year median of 2.75 and 54.9% below the Construction industry median of 6.35. APi Group's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For APi Group (APG), the current Earnings Yield (Joel Greenblatt) % is 2.86% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is APi Group (APG) Overvalued in 2026?
Based on GuruFocus' analysis, APi Group stock appears to be overvalued.
The current stock price of $39.57 is trading 47.3% above its estimated GF Value™ of $26.87.
GuruFocus considers APi Group to be Significantly Overvalued.
Key valuation signals for APG:
Earnings Yield (Joel Greenblatt) %: 2.86% (near median its 10-year median of 2.75)
GF Value™: $26.87 vs. price of $39.57 (47.3% above fair value)
Industry Position: 54.9% below the Construction median (#1214 of 1798)
No single metric tells the full story. See the APG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
78GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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