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Apollo Global Management, Inc.

APO

Investment Advice

Mkt Cap

$70.21B

PE

13.02

Debt

$9.596B

Cash

$19.72B

EV

$60.09B

FCF

-

Market Cap

$70.21B

P/E Ratio

13.02

Debt

$9.596B

Cash

$19.72B

EV

$60.09B

FCF

-
Charts data: {"Earnings":[{"time":"2020-12-30","value":120000000},{"time":"2021-12-30","value":1802000000},{"time":"2022-12-30","value":-4746000000},{"time":"2023-12-30","value":5001000000}],"Sales":[{"time":"2020-12-30","value":2354000000},{"time":"2021-12-30","value":5951000000},{"time":"2022-12-30","value":10968000000},{"time":"2023-12-30","value":32644000000}],"Net Margins":[{"time":"2020-12-30","value":0.05097706032285471},{"time":"2021-12-30","value":0.30280625105024367},{"time":"2022-12-30","value":-0.4327133479212254},{"time":"2023-12-30","value":0.1531981374831516}],"Assets":[{"time":"2021-12-30","value":30502000000},{"time":"2022-12-30","value":259333000000},{"time":"2023-12-30","value":313488000000}],"Stockholders Equity":[{"time":"2020-12-30","value":5513000000},{"time":"2021-12-30","value":10194000000},{"time":"2022-12-30","value":6197000000},{"time":"2023-12-30","value":25233000000}],"ROE":[{"time":"2020-12-30","value":0.02176673317612915},{"time":"2021-12-30","value":0.17677064940160878},{"time":"2022-12-30","value":-0.765854445699532},{"time":"2023-12-30","value":0.19819284270598025}],"ROA":[{"time":"2021-12-30","value":0.15936659891154678},{"time":"2022-12-30","value":-0.0224229079985964},{"time":"2023-12-30","value":0.01781886387995713}]}

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia , India and Europe.

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In the chart Earnings are multiplied by this value.

Earnings Growth 60%
Earnings Stability -68%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-202012-202112-202212-2023TTM
Net Margin5.1%30%-43%15%16%
ROA-16%-2.2%1.8%1.8%
ROE2.2%18%-77%20%20%

What is the average Net Margin?

The average Net Margin over the past 5 years is -13.98%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +58.59%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is -0.23%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +4.02%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is -28.38%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +96.4%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-202012-202112-202212-2023TTM
Debt FCF-----
Debt Equity-0.311.040.320.36
MIN
Graham Stability-----

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -.

What is the Graham’s Stability?

Graham’s Stability measure stands at -.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-202012-2022Trend
Revenue140%200%22%
Net Income250%--
Stockholders Equity66%310%110%
FCF---

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is -.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +22.41%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is -.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is -.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is +111.14%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is -.