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Apg Sga SAAPGN.SWCompetitor analysis, valuation and peers

Switzerland · CHF·Communication Services›Advertising/Marketing Services
Momentum neutral 52
Mkt cap
$745M
US dollars, full cap
Free float
27%
of shares outstanding
$/day
$641,808
20-day average traded
Fwd P/E
18.7×
forward earnings
ROIC−WACC
+89.8 pp
WACC 5.0%
Hurdle
-7 pp
Req g minus delivered
Next earnings
131 days
17 Mar 2027
Close · CHFCHF 203.00
1D0.0%
1W+3.0%
1M0.0%
3M+1.0%
6M+13.4%
YTD-3.3%
1Y-2.4%
ATR %1.7%
52w lowhigh6.5% off high

What Apg Sga does

Employees: 516

Apg Sga at a glance

Size Apg Sga (APGN.SW) is a Switzerland Communication Services company (Advertising/Marketing Services) with a market value of $745M, the 128th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 203.00 on 6 Nov 2026.

Performance Over six months the shares gained 13.4%, against -17.1% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 5.5% over the last twelve months (peer median +5.1%); the operating margin is 10.3% (peer median 0.7%).

Valuation It trades at 18.7× forward earnings against a peer median of 16.6× (6th most expensive of 13).

Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -7 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 89.8 points above its cost of capital (5.0% WACC).

Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026APGN.SW 113Peer median 82
Six months, rebased to 100: Apg Sga against the median of its 20 peers (local-currency closes).

Apg Sga financials

Reported figures in CHF; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCHF 342MCHF 327MCHF 327MCHF 326MCHF 311M
Revenue growth—0%0%+5%—
Gross profitCHF 66.2MCHF 63.3MCHF 63.6MCHF 60.6MCHF 56.3M
EBITDACHF 44.4MCHF 41.3MCHF 40.5MCHF 38.9MCHF 36.7M
Net incomeCHF 30.1MCHF 27.1MCHF 30.3MCHF 26.8MCHF 23.4M
Free cash flowCHF 38.2MCHF 32.5MCHF 33.5MCHF 30.0MCHF 12.9M
Capital expenditureCHF 8.85MCHF 9.46MCHF 7.69MCHF 5.08MCHF 5.55M
Total debtn/aCHF 0CHF 0CHF 0CHF 0

Quarterly statements and history in the cockpit →

Apg Sga competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%-20%0%+20%300343CRTO3004944784002291300061300781002264600880603598OML60035860584293DJTQNST002115APGN.SW6-month return →1-month return →
Up and to the right = strong over both horizons. Apg Sga is the large dot.

Fundamentals: revenue growth against valuation

0%+50%0×50×100×CRTO4784002291002264600880603598OML6058002878214320QNSTAPGN.SWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Apg Sga is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%CRTO4784002291300061300781002264600880OML6058002878QNST002115APGN.SWGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Apg Sga is the large dot.

Apg Sga competitors and peer comparison

How Apg Sga compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Apg Sga against its 20 peers (data as of 6 Nov 2026)
MeasureAPGN.SWPeer medianRank in peer set
1-month return0.0%+0.7%10th lowest of 21
6-month return+13.4%-17.1%4th highest of 21
Distance from 52-week high-6.5%-37.5%3rd highest of 21
Revenue growth (TTM)+5.5%+5.1%11th highest of 21
Operating margin10.3%0.7%5th highest of 19
Forward P/E18.7×16.6×6th most expensive of 13
Growth the price implies (Req g, 7 yrs)-2.7%7.8%6th least demanding of 14
Growth delivered (Del g)+4.5%+9.0%5th lowest of 14
Hurdle (Req g minus delivered)-7.2 pp-2.3 pp7th least demanding of 14
ROIC minus cost of capital+89.8 pp-3.8 pphighest of 19
EV / EBITDA13.2×6.8×2nd most expensive of 7
Net debt / EBITDA-0.5×-0.8×3rd most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Apg Sga APGN.SWSwitzerland$745M+13%+5%10%18.7×-2.7%+4.5%
Lecron Industrial Development 300343.SZChina$738M-29%+46%1%n/an/an/a
Criteo CRTOUnited States$756M-6%-7%8%4.1×-19.8%-1.3%
Hubei Century Network Technology 300494.SZChina$766M-5%-7%-6%n/an/an/a
GMO internet,Inc 4784.TJapan$724M-34%+81%12%17.7×-11.2%+17.9%
Guangdong Yowant Technology 002291.SZChina$786M-15%-22%-15%40.6×36.3%+9.0%
QITIAN Technology 300061.SZChina$699M-21%-18%-22%n/a49.7%-22.3%
Guangdong Insight Brand Marketing 300781.SZChina$683M-19%-29%n/an/a31.8%+14.4%
New Huadu Technology Co., Ltd.Class A 002264.SZChina$676M-23%+8%5%23.7×5.7%-9.3%
Chengdu B-Ray Media 600880.SSChina$672M-20%-33%-35%104.9×57.3%-2.9%
Shanxi Kexin Development 600234.SSChina$649M-32%-23%-11%n/an/an/a
Inly Media 603598.SSChina$865M+4%+9%0%79.8×n/an/a
oOh media OML.AXAustralia$611M+28%+2%15%13.5×7.8%+10.1%
China Tourism And Culture Investment 600358.SSChina$911M-11%+125%n/an/an/an/a
VECTOR 6058.TJapan$605M+64%+9%16%15.4×-3.9%+11.3%
Septeni 4293.TJapan$585M+7%+8%17%15.5×-2.7%+11.1%
Beijing Yuanlong Yato Culture Dissemination 002878.SZChina$557M-27%-21%-2%33.2×-2.9%+8.6%
INNOCEAN Worldwide 214320.KSSouth Korea$518M-11%+2%8%6.0×n/an/a
Trump Media & Technology DJTUnited States$1.11B-55%+22%-4,052%n/an/an/a
QuinStreet QNSTUnited States$1.18B+58%+18%3%12.3×9.8%+17.5%
Sunwave Communications 002115.SZChina$1.21B-35%+102%1%n/a26.1%+6.5%

Questions

Which companies are Apg Sga's closest peers?
The cockpit's peer set: Lecron Industrial Development (300343.SZ), Criteo (CRTO), Hubei Century Network Technology (300494.SZ), GMO internet,Inc (4784.T), Guangdong Yowant Technology (002291.SZ), QITIAN Technology (300061.SZ), Guangdong Insight Brand Marketing (300781.SZ), New Huadu Technology Co., Ltd.Class A (002264.SZ).
Is Apg Sga expensive compared with its peers?
On forward p/e it trades at 18.7× against a peer median of 16.6×, 6th most expensive of 13 in its peer set. For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -7 pp: the price already allows for a slowdown.
How has Apg Sga stock performed?
Over six months to 6 Nov 2026 the shares returned +13.4% against -17.1% for the median peer; over one year -2.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.