On the stock market since 1999, it operates in the world of heavy industry. It has 130 employees. Now — the numbers.
This is an established company with proven profits.
An average decline of 4% a year over the last 4 years — the most striking risk in this picture.
If every debt were paid off today, $9.1M would still be left in the vault — a solid cushion for hard times.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
The stock trades 36% below its peak. The market has trimmed its expectations for the company.
There is $17.0M in the vault; even if every debt were paid off, $9.1M would remain.
Over the last 3 years, sales fell about 2% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
On our five-subject report card, APT sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: APT is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.