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American Power Group Corporation (APGI)
OTHER OTC:APGI
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American Power Group (APGI) AI Stock Analysis

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APGI

American Power Group

(OTC:APGI)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
$0.01
▲(40.00% Upside)
Action:Reiterated
Date:07/29/26
The score is primarily constrained by weak financial performance—shrinking revenue, sharply worsening margins, and accelerating negative free cash flow—despite a relatively conservative balance sheet. Technicals provide modest support with the stock above its 20- and 50-day moving averages, but limited indicator data reduces confidence. Valuation is also a headwind since the negative P/E reflects unprofitable operations and the dividend yield is not available.
Positive Factors
Regulatory Approvals
EPA approvals across a continuous set of Cummins heavy-duty engines materially lower regulatory barriers to customer adoption. Durable regulatory clearance expands the addressable fleet for retrofit conversions, enabling sustained sales channels to fleets and dealers and reducing certification friction for future integrations.
Negative Factors
Revenue Decline & Margin Compression
Sustained revenue decline and a sharp gross margin squeeze indicate weakening demand or adverse mix/pricing, which erodes the company's ability to cover fixed costs. If these trends persist, the firm faces structural profitability challenges that could impair reinvestment, dealer support, and long-term competitiveness.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulatory Approvals
EPA approvals across a continuous set of Cummins heavy-duty engines materially lower regulatory barriers to customer adoption. Durable regulatory clearance expands the addressable fleet for retrofit conversions, enabling sustained sales channels to fleets and dealers and reducing certification friction for future integrations.
Read all positive factors

American Power Group (APGI) vs. SPDR S&P 500 ETF (SPY)

American Power Group Business Overview & Revenue Model

Company Description
American Power Group Corporation (APGI) specializes in developing and deploying a proprietary, patented system for converting existing diesel engines to operate on a dual-fuel basis. This technology targets primary and backup diesel generators, al...
How the Company Makes Money
APGI’s business model has been centered on commercializing its dual-fuel engine conversion technology. Revenue has historically been expected to come from (1) sales of dual-fuel conversion kits/systems (e.g., V5000 hardware and associated componen...

American Power Group Financial Statement Overview

Summary
Financial performance is weak overall: revenue declined materially (from $3.36M in 2024 to $2.13M in 2025), losses deepened (net margin ~-80% in 2025 vs ~-30% in 2024), and gross margin compressed (~21% vs ~37%). Cash flow is a major concern with negative operating cash flow and free cash flow in both 2024 and 2025 and accelerating burn. The balance sheet is the main positive (low debt-to-equity and meaningful equity), but ongoing losses and negative ROE increase risk.
Income Statement
24
Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue2.16M2.13M3.36M869.60K3.53M2.68M
Gross Profit-886.77K440.33K1.25M869.60K1.68M1.06M
EBITDA-7.32M-1.27M-517.81K-1.80M608.56K245.55K
Net Income-9.63M-1.71M-999.73K-2.04M289.31K-302.36K
Balance Sheet
Total Assets5.82M7.13M8.24M8.61M8.85M4.96M
Cash, Cash Equivalents and Short-Term Investments212.17K21.10K410.82K21.42K140.67K190.76K
Total Debt9.18M411.32K51.31K681.99K330.29K3.39M
Total Liabilities12.09M1.18M877.83K1.51M3.68M5.53M
Stockholders Equity-6.26M5.94M7.37M7.10M5.17M-566.73K
Cash Flow
Free Cash Flow-4.44M-749.73K-264.92K-1.69M-154.54K58.59K
Operating Cash Flow-4.23M-749.73K-259.72K-1.62M18.34K58.59K
Investing Cash Flow95.09K0.00-5.20K-2.30M-1.24M-686.37K
Financing Cash Flow4.22M360.01K654.32K3.80M1.17M808.51K

American Power Group Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
200DMA
Market Momentum
MACD
>-0.01
Positive
RSI
48.15
Neutral
STOCH
28.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APGI, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.15 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APGI.

American Power Group Risk Analysis

American Power Group disclosed 23 risk factors in its most recent earnings report. American Power Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

American Power Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$65.97B26.3312.73%2.05%-10.49%-18.64%
76
Outperform
$836.81M12.3037.18%13.17%-38.92%
73
Outperform
$23.66M1.497.86%25.87%-0.36%
67
Neutral
$77.76B28.7521.89%1.20%2.93%-8.06%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
56
Neutral
$10.85B41.689.54%0.61%-27.77%
46
Neutral
$9.69M-5.63
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
APGI
American Power Group
0.01
<0.01
20.00%
CMI
Cummins
564.85
172.15
43.84%
GNRC
Generac Holdings
183.80
4.29
2.39%
PCAR
Paccar
125.34
27.77
28.46%
PSIX
Power Solutions
36.28
-44.81
-55.26%
GTEC
Greenland Technologies Holding
0.89
-0.45
-33.51%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 29, 2026