APG vs FSV vs RTO Stock Comparison

APi, FirstService and Rentokil Initial Prices as of Oct 23, 2026 Peers: Industry group
APG APi Group Corp
$39.46 +4.3% 1M +14.3% 1Y
Market cap
$17.43B
P/E
–
Revenue (TTM)
$8.44B
Div. yield
–
Facility Services Industrials
6 wins
FSV FirstService Corp
$143.67 +10.9% 1M -13.8% 1Y
Market cap
$6.56B
P/E
56.9x
Revenue (TTM)
$5.68B
Div. yield
–
Facility Services Industrials
3 wins

Head to Head

10 decided of 12

APi leads on 6 of the 12 questions below (APi 6, FirstService 3, Rentokil Initial 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPGFSVRTOLeader
Larger companyMarket capitalisation $17.43B $6.56B $11.40B APG
Cheaper on earningsLower P/E, profitable companies only -70.3x 56.9x — –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.3x 24.8x 15.9x RTO
Faster revenue growthRevenue growth, trailing twelve months +14.1% +3.7% — APG
More profitableNet margin, trailing twelve months -2.9% 2.0% — FSV
Better return on capitalReturn on invested capital 6.7% 10.0% — FSV
Less leveragedLower net debt / EBITDA 2.8x 2.6x — FSV
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +14.3% -13.8% -23.3% APG
Better 5-year returnAnnualised price return, 5 years +22.4%/yr -6.6%/yr -11.6%/yr APG
Less volatileAnnualised volatility, 1 year 30.0% 30.6% 34.7% APG
Higher overall scoreMean of the five percentile scores vs peers 44/100 42/100 — APG

Percentile Scorecard

APGFSVRTO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPGFSVRTO
Valuation 31 #78 of 112 42 #65 of 112 –
Growth 77 #23 of 96 58 #41 of 96 –
Profitability 53 #44 of 93 65 #33 of 93 –
Financial Health 46 #69 of 126 37 #80 of 126 –
Shareholder Returns 15 #57 of 67 8 #62 of 67 47 #36 of 67
Overall 44 42 –
  • APG ranked among 130 companies in Business Services
  • FSV ranked among 130 companies in Business Services
  • RTO ranked among 130 companies in Business Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPGFSVRTOSPY
1 month +4.3%+10.9%+6.2% -1.0%
3 months -0.3%+4.5%-19.8% +2.9%
6 months -18.8%-1.9%-33.2% +6.4%
Year to date +3.1%-7.6%-22.7% +11.4%
1 year +14.3%-13.8%-23.3% +13.1%
3 years +133.9%+2.6%-19.6% +79.4%
3 years, per year +32.8%+0.9%-7.0% +21.5%
5 years +174.2%-28.9%-45.9% +67.7%
5 years, per year +22.4%-6.6%-11.6% +10.9%
10 years —+220.9%+55.9% +255.2%
10 years, per year —+12.4%+4.5% +13.5%

Risk

MeasureAPGFSVRTOSPY
Volatility, 1Y 30.0%30.6%34.7% 12.7%
Downside volatility, 1Y 30.9%31.0%37.2% 12.7%
Beta vs S&P 500, 1Y 1.260.630.31 1.00
Return / volatility, 1Y 0.48-0.45-0.67 1.03
Max drawdown, 5Y -49.6%-44.1%-54.2% -25.4%
From 52-week high -20.1%-13.8%-34.1% -2.5%
52-week high $49.40$166.73$34.52 $779.14
52-week low $34.31$125.66$19.75 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPGFSVRTO
P/E now vs peer median -68.9xmedian 21.0x 56.7xmedian 21.0x —median 21.0x
P/S now vs peer median 2.0xmedian 0.9x 1.2xmedian 0.9x —median 0.9x
EV/EBITDA now vs peer median 20.9xmedian 12.3x 14.8xmedian 12.3x —median 12.3x
P/FCF now vs peer median 25.2xmedian 15.1x 12.2xmedian 15.1x —median 15.1x
P/B now vs peer median 4.9xmedian 2.4x 7.0xmedian 2.4x —median 2.4x
PEG now vs peer median 0.99median 1.02 152.23median 1.02 —median 1.02

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPGFSVRTO
Revenue $8.44B $5.68B –
Gross profit $2.65B $1.88B –
Operating income $605.00M $339.62M –
Net income $346.00M $199.45M –
Free cash flow $676.00M $536.84M –
EPS (diluted) $-0.57 $2.52 –
Cash & equivalents $851.00M $160.76M $2.47B
Total debt $3.52B $1.55B -$7.31B
Shares (diluted) 437.00M 45.75M 507.00M
Enterprise value $14.47B $5.88B $4.92B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPGFSVRTO
P/E -68.9x 56.7x –
P/FCF 25.2x 12.2x –
P/Operating cash flow 21.8x 15.7x –
P/S 2.0x 1.2x –
P/B 4.9x 7.0x –
P/Tangible book 9.6x 7.0x –
EV/EBITDA 20.9x 14.8x –
EV/EBIT 32.6x 23.4x –
EV/Revenue 2.3x 1.4x –
EV/FCF 29.2x 14.8x –
EV/Operating cash flow 25.2x 19.1x –
PEG (3Y EPS CAGR) 0.99 152.23 –

Growth

14 metrics
MetricAPGFSVRTO
Revenue growth (1Y) 14.1% 3.7% –
Revenue CAGR (3Y) 7.3% 9.9% –
Gross profit growth (1Y) 15.4% 2.6% –
Gross profit CAGR (3Y) 13.3% 11.0% –
Operating income growth (1Y) 24.7% -0.6% –
Operating income CAGR (3Y) 27.8% 8.7% –
Net income growth (1Y) 39.5% 4.7% –
Net income CAGR (3Y) 40.8% 6.0% –
EPS growth (1Y) -272.3% 12.3% –
EPS CAGR (3Y) -69.5% 0.4% –
Operating cash flow growth (1Y) 20.7% 0.1% –
Operating cash flow CAGR (3Y) 24.3% 23.1% –
Free cash flow growth (1Y) 18.8% -1.6% –
Free cash flow CAGR (3Y) 28.9% 19.6% –

Profitability

14 metrics
MetricAPGFSVRTO
Gross margin 31.4% 33.1% –
EBITDA margin 11.2% 9.5% –
Operating margin 7.2% 6.0% –
Pretax margin 5.5% 4.8% –
Net margin -2.9% 2.0% –
FCF margin 8.0% 9.4% –
Operating cash flow margin 9.3% 7.4% –
Return on equity 9.9% 18.5% –
Return on assets 3.7% 4.5% –
Return on invested capital 6.7% 10.0% –
Return on capital employed 8.7% 9.8% –
Asset turnover 0.9x 1.3x –
Cash conversion (OCF / net income) 2.3x 2.1x –
Stock comp / revenue 0.5% 0.3% –

Financial Health

11 metrics
MetricAPGFSVRTO
Debt / assets 35.4% 34.9% -13.4%
Debt / equity 1.0x 1.7x –
Net debt / EBITDA 2.8x 2.6x –
Debt / FCF 5.2x 2.9x –
Liabilities / assets 64.7% 78.9% –
Equity / assets 35.3% 21.1% –
Interest coverage 4.3x – –
Current ratio 1.4x 1.7x -683.2x
Quick ratio 1.3x 1.2x -411.8x
Cash ratio 0.3x 0.2x -411.8x
Altman Z-score 2.85 – –

Shareholder Returns

7 metrics
MetricAPGFSVRTO
Dividend yield – 1.0% 2.8%
Net buyback yield 0.4% -9.2% –
Shareholder yield 0.4% -8.2% 2.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPGFSVRTO
Forward P/E 23.3xFY2026 24.8xFY2026 15.9xFY2026
EPS, next fiscal year $1.69FY2026 $5.79FY2026 $1.43FY2026
EPS growth, next FY +14.2%FY2026 +1.2%FY2026 +10.9%FY2026
EPS growth, the year after +16.0% +8.8% +2.8%
Revenue, next fiscal year $9.25BFY2026 $5.34BFY2026 $7.00BFY2026
Revenue growth, next FY +16.9%FY2026 -2.3%FY2026 +1.3%FY2026
Revenue growth, the year after +8.4% +19.9% +13.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPGFSVRTO
Held by institutions 84.5% 69.9% 15.4%
Institutions holding 581 275 287
Change in shares held, QoQ +5.1% +7.2% +5.9%
Institutions buying 306 147 161
Institutions selling 205 101 90
Buyers to sellers 1.49 1.46 1.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APGFSVRTO
APG 1.00 0.14 0.11
FSV 0.14 1.00 0.26
RTO 0.11 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APG, FSV and RTO?

APi (APG) is the largest by market capitalisation: APi (APG) $17.43B, FirstService (FSV) $6.56B, Rentokil Initial (RTO) $11.40B.

Which company is growing faster?

APi (APG) grew revenue fastest over the trailing twelve months: APi (APG) +14.1%, FirstService (FSV) +3.7%.

Which company is more profitable?

FirstService (FSV) has the highest net margin (APi (APG) -2.9%, FirstService (FSV) 2.0%). On return on invested capital, FirstService (FSV) leads (APi (APG) 6.7%, FirstService (FSV) 10.0%).

Which stock has performed better?

Over the past year APi (APG) returned the most: APi (APG) +14.3%, FirstService (FSV) -13.8%, Rentokil Initial (RTO) -23.3%. Over five years, APi (APG) compounded fastest (APi (APG) +22.4%/yr, FirstService (FSV) -6.6%/yr, Rentokil Initial (RTO) -11.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, APi (APG) has been the steadiest (APi (APG) 30.0%, FirstService (FSV) 30.6%, Rentokil Initial (RTO) 34.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APG, FSV and RTO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, APi (APG) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.