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APG SGA Valuation Multiples

Discover revenue and EBITDA valuation multiples for APG SGA and similar public comparables like Entravision, Plan B Media, Innocean, FILA-Fabbrica Italiana and more.

APG SGA Overview

About APG SGA

APG SGA SA is a Swiss out-of-home advertising media company. As a media company, it transports advertising messages into public and private areas with posters, screens, and related media as promotions and mobile advertising. This media performance is generated in streets, city centers, pedestrian zones, railway stations, shopping centers, airports, tourist resorts, and on the outside and inside of public transport vehicles. The company's regional segments are Switzerland, and Serbia, out of which a majority of its revenue comes from Switzerland.


Founded

1900

HQ

Switzerland

Employees

475

Website

apgsga.ch

Financials (LTM)

Revenue: $418M
EBITDA: $56M

EV

$617M

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APG SGA Financials

APG SGA reported last 12-month revenue of $418M and EBITDA of $56M.

In the same LTM period, APG SGA generated $56M in EBITDA and $35M in net income.

Revenue (LTM)


APG SGA P&L

In the most recent fiscal year, APG SGA reported revenue of $416M and EBITDA of $55M.

APG SGA is profitable as of last fiscal year, with gross margin of 40%, EBITDA margin of 13%, and net margin of 8%.

See analyst estimates for APG SGA
LTMLast FY202320242025202620272028
Revenue$418M$416M$414M$416M$416M
Gross Profit—$166M$164M$167M$166M
Gross Margin—40%40%40%40%
EBITDA$56M$55M$53M$52M$55M
EBITDA Margin13%13%13%12%13%
EBIT Margin10%10%9%10%10%
Net Profit$35M$34M$34M$38M$34M
Net Margin8%8%8%9%8%

Financial data powered by Morningstar, Inc.

APG SGA Stock Performance

APG SGA has current market cap of $684M, and enterprise value of $617M.

Market Cap Evolution


APG SGA's stock price is $228.17.

APG SGA share price decreased by 0.1% in the last 30 days, and by 23.5% in the last year.

APG SGA has an EPS (earnings per share) of $11.48.

See more trading valuation data for APG SGA
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$617M$684M-0.3%-0.1%-16.3%-23.5%$11.48

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APG SGA Valuation Multiples

APG SGA trades at 1.5x EV/Revenue multiple, and 11.1x EV/EBITDA.

See NTM and 2027E valuation multiples for APG SGA

EV / Revenue (LTM)


APG SGA Financial Valuation Multiples

As of May 17, 2026, APG SGA has market cap of $684M and EV of $617M.

APG SGA has a P/E ratio of 19.5x.

LTMLast FY202320242025202620272028
EV/Revenue1.5x1.5x1.5x1.5x1.5x
EV/EBITDA11.1x11.2x11.5x11.9x11.2x
EV/EBIT14.3x14.6x16.9x15.5x15.5x
EV/Gross Profit—3.7x3.8x3.7x3.7x
P/E19.5x19.9x20.1x17.8x19.9x
EV/FCF—15.1x16.2x14.6x15.1x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified APG SGA Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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APG SGA Margins & Growth Rates

APG SGA grew revenue by 2% and EBITDA by 4% in the last fiscal year.

In the most recent fiscal year, APG SGA reported gross margin of 40%, EBITDA margin of 13%, and net margin of 8%.

See estimated margins and future growth rates for APG SGA

APG SGA Margins

Last FY202420252026202720282029
Gross Margin40%40%40%—
EBITDA Margin13%12%13%13%
EBIT Margin10%10%10%11%
Net Margin8%9%8%9%
FCF Margin10%10%10%—

APG SGA Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth2%0%0%2%
Gross Profit Growth—2%(1%)—
EBITDA Growth4%(3%)6%4%
EBIT Growth6%9%0%12%
Net Profit Growth6%13%(11%)6%
FCF Growth—11%(4%)—

Data powered by FactSet, Inc. and Morningstar, Inc.

APG SGA Operational KPIs

APG SGA's revenue per employee in the last FY averaged $0.9M, while opex per employee averaged $0.3M for the same period.

APG SGA's Rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

APG SGA's Rule of X is 18% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for APG SGA
LTMLast FY202320242025202620272028
Rule of 4016%15%———
Bessemer Rule of X20%18%———
Revenue per Employee—$0.9M———
Opex per Employee—$0.3M———
Opex to Revenue—30%31%31%30%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Entravision1.9x—(12.5x)—
Plan B Media2.2x2.2x4.7x4.7x
Innocean0.1x0.1x1.4x1.4x
FILA-Fabbrica Italiana1.1x1.1x6.2x5.9x
oOh media2.5x2.5x7.1x12.7x
Advantage Solutions0.5x0.5x5.6x5.7x
Italian Exhibition Group1.7x1.7x6.6x6.2x
INTAGE HOLDINGS0.8x0.8x8.2x—

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APG SGA Funding History

Before going public, APG SGA raised $90M in total equity funding, across 1 round.


APG SGA Funding Rounds

DateStageRaised FromRaisedValuationRev. MultipleDeal Summary
Apr-26Secondary - publicNeue Zurcher Zeitung$90M—NZZ acquired a 25% stake in APG|SGA in June 2024 from existing shareholders. On December 11, 2025, NZZ agreed with JCDecaux SE and Pargesa Asset Management S.A. to purchase an additional 20% stake at CHF 220 per share in two separate transactions, increasing its ownership to 45% pending approval. Completion requires an extraordinary General Meeting of APG|SGA on January 23, 2026, to adopt an opting-up provision in the articles of association, along with other conditions. The investment supports NZZ's strategy to expand in out-of-home media, with the 2024 stake contributing to NZZ's adjusted operating profit of CHF 16.6 million, up 11%. NZZ views the increased commitment as a signal of confidence in APG|SGA's long-term success. APG|SGA operates as Switzerland's leading out-of-home media company. Prior ownership included major stakes by JCDecaux SE and Pargesa Asset Management S.A. The independent board members of APG|SGA support the transactions.

APG SGA M&A Activity

APG SGA has acquired 1 company to date.

Last acquisition by APG SGA was on February 3rd 2017. APG SGA acquired BLINQ for undisclosed valuation.

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Latest Acquisitions by APG SGA

BLINQ
Description
BLINQ is a location-based mobile platform that builds member-vetted online communities for users to connect with open-minded individuals nearby. The app facilitates real-time discovery of local events and people through geofencing technology, emphasizing privacy with features like anonymous icebreakers and photo verification. Headquartered in Tel Aviv, Israel, BLINQ launched in 2015 and expanded to markets in Europe and North America, serving over 1 million downloads across iOS and Android devices.
HQ CountrySwitzerland
HQ City
Zurich
Deal Date3 Feb 2017
Valuationundisclosed
EV/Revenue
EV/EBITDA

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About APG SGA

When was APG SGA founded?APG SGA was founded in 1900.
Where is APG SGA headquartered?APG SGA is headquartered in Switzerland.
How many employees does APG SGA have?As of today, APG SGA has over 475 employees.
Is APG SGA publicly listed?Yes, APG SGA is a public company listed on SIX Swiss Exchange.
What is the stock symbol of APG SGA?APG SGA trades under APGN ticker.
When did APG SGA go public?APG SGA went public in 2004.
Who are competitors of APG SGA?APG SGA main competitors include Entravision, Plan B Media, Innocean, FILA-Fabbrica Italiana, oOh media, Advantage Solutions, Italian Exhibition Group, INTAGE HOLDINGS, Ciwen Media Co, Clear Channel Outdoor.
What is the current market cap of APG SGA?APG SGA's current market cap is $684M.
What is the current revenue of APG SGA?APG SGA's last 12 months revenue is $418M.
What is the current revenue growth of APG SGA?APG SGA revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of APG SGA?Current revenue multiple of APG SGA is 1.5x.
Is APG SGA profitable?Yes, APG SGA is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of APG SGA?APG SGA's last 12 months EBITDA is $56M.
What is APG SGA's EBITDA margin?APG SGA's last 12 months EBITDA margin is 13%.
What is the current EV/EBITDA multiple of APG SGA?Current EBITDA multiple of APG SGA is 11.1x.
How many companies APG SGA has acquired to date?As of May 2026, APG SGA has acquired 1 company.
What was the largest acquisition by APG SGA?None of the M&A deals APG SGA has completed have disclosed valuations.
What companies APG SGA acquired?APG SGA acquired BLINQ.
In how many companies APG SGA has invested to date?APG SGA hasn't invested in any companies yet (or none have been disclosed publicly).

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