APi Group Corp (APG) is overvalued and Comfort Systems USA Inc (FIX) is overvalued.
Both trade above our estimate of their intrinsic value. FIX is the closer of the two: -73%, against -242% for APG.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.7% (average of 2 methods) values the shares at $11.03; the price of $37.76 is 242% above that value, and 71% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 12.3% (average of 3 methods) values the shares at $937.74; the price of $1625.13 is 73% above that value, and 68% of that value comes from beyond year five.
Leak Score 75/100 on 10 of 12 signals
| Metric | APG | FIX |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $37.76 | $1625.13 |
| Intrinsic value | $11.03 | $937.74 |
| Margin of safety | -242% | -73% |
| Leak Score | 0/100 (2/12) | 75/100 (10/12) |
| Market cap | $16.5B | $57.2B |
| Revenue growth, 5 years | 17.1% | 26.1% |
| Operating margin | 6.4% | 16.4% |
| Net margin | -3.2% | 12.8% |
| Return on equity | 10.3% | 55.3% |
| Debt to equity | 1.09 | 0.11 |
| P/E | — | 40.0x |
| Forward P/E | 19.0x | 27.0x |
| P/B | 4.7x | 17.8x |
| Dividend yield | — | 0.2% |