ARKO Petroleum Corp. Class A Common Stock (APC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-283.8%

-$27.57

vs $15.00 price

Levered DCF

-$49.06

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

5.6

Safe zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2018	FY2017	FY2016	FY2015
P/E	19.15×	15.65×	15.25×	0×	14.75×	-21.69×	-3.06×	-1.37×
P/B	1.72×	9.61×	5.92×	0×	1.07×	0.92×	0.77×	0.71×
P/S	0.08×	0.1×	0.09×	0×	0.68×	0.83×	1.19×	1.05×
EV / EBITDA	23.45×	21.95×	22.23×	0×	7.55×	14.78×	43.4×	-11.93×
Gross margin	3.4%	2.8%	2.6%	2.2%	92.2%	100.0%	100.0%	100.0%
Operating margin	1.3%	1.4%	1.3%	1.3%	19.6%	-5.6%	-33.0%	-101.3%
Net margin	0.3%	0.6%	0.6%	0.8%	4.6%	-3.8%	-39.0%	-76.9%
Current ratio	1.66×	1.02×	1.01×	0×	0.81×	1.73×	1.58×	0.95×
Debt / equity	10.76×	11.49×	5.68×	0×	1.93×	1.47×	1.25×	1.23×
Interest coverage	1.1×	2.28×	2.55×	6.39×	2.77×	-0.72×	-2.92×	-10.68×
Dividend yield	3.1%	0.0%	0.0%	0.0%	5.8%	1.1%	1.1%	6.0%
Payout ratio	85.2%	0.0%	0.0%	0.0%	85.9%	-24.3%	-3.4%	-8.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2018	FY2017	FY2016	FY2015
Return on equity	6.2%	61.3%	38.9%	0.0%	7.2%	-4.3%	-25.1%	-52.2%
Return on invested capital	2.5%	7.1%	8.1%	0.0%	3.6%	-0.2%	-4.5%	-14.7%
Return on assets	0.6%	3.7%	4.1%	0.0%	1.5%	-1.1%	-6.7%	-14.4%
Free cash flow yield	10.4%	15.2%	7.4%	0.0%	-2.8%	-10.4%	-5.4%	-86.9%
Earnings yield	3.6%	6.4%	6.6%	0.0%	6.8%	-4.6%	-32.7%	-73.2%
Enterprise value	$6B	$3.1B	$3B	$0	$49.5B	$48.5B	$47.7B	$49.4B
Net debt / EBITDA	14.15×	5.14×	4.39×	0×	2.31×	3.4×	11.05×	-3.58×
Cash conversion cycle (days)	6	2	3	0	-658	37	47	27