Apollo Global Management, Inc. APO
Verdict: Sell. Fair value $126 against a price of $149 on 5 Jan 2026, 15% below the price.
In plain words
The case for: Wide competitive moat provides durability. Market leadership enables pricing power. Industry tailwinds with growing market.
The case against: Intense competitive pressure could compress margins. Operating Cash Flow and Balance Sheet data (Assets, Inventory, Receivables) not provided in input,.... Revenue dropped 20% in 2024 ($26.1B) vs 2023 ($32.6B), while Net Income only fell 12%. Significant....
Main risks
- Significant revenue contraction (-20% YoY) in 2024 following rapid expansion
- Net margin compression from ~31% (2021) to ~17% (2024) as business mix shifts
- CRITICAL: Missing Balance Sheet data prevents assessment of leverage, ROE, and Invested Capital
- Operating Cash Flow and Balance Sheet data (Assets, Inventory, Receivables) not provided in input,...
- Revenue dropped 20% in 2024 ($26.1B) vs 2023 ($32.6B), while Net Income only fell 12%. Significant...
- Intense competitive environment