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American Power Group
(OTC:APGI)
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Rating:46Neutral
Price Target:
$0.01
▲(30.00% Upside)
Action:Reiterated
Date:09/29/26
The score is primarily weighed down by weak financial performance—shrinking revenue, deepening losses, and accelerating cash burn—despite a relatively conservative balance sheet. Technical indicators are mixed and only mildly supportive, while valuation is constrained by negative earnings and no indicated dividend support.
Positive Factors
Conservative leverage
Very low leverage and a positive equity base provide financial cushioning and reduce interest and refinancing pressure. This gives APGI more flexibility to support its technology, pursue customer projects, and manage operating volatility than a heavily indebted balance sheet would allow.
Negative Factors
Revenue and margin deterioration
Falling revenue combined with sharply weaker gross and net margins indicates that the recent operating model is losing scale and profitability. Unless sales recover and cost absorption improves, the deterioration can constrain investment, weaken customer execution, and prolong losses over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very low leverage and a positive equity base provide financial cushioning and reduce interest and refinancing pressure. This gives APGI more flexibility to support its technology, pursue customer projects, and manage operating volatility than a heavily indebted balance sheet would allow.
Read all positive factors
American Power Group (APGI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$16.94M
Dividend YieldN/A
Average Volume (3M)57.16K
Price to Earnings (P/E)―
Beta (1Y)0.88
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees8
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,266,287,000
10 Day Avg. Volume74,865
30 Day Avg. Volume57,164
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)2.26
Price to Sales (P/S)6.30
P/FCF Ratio-17.93
Enterprise Value/Market Cap0.62
Enterprise Value/Revenue4.84
Enterprise Value/Gross Profit-11.81
Enterprise Value/Ebitda-1.43
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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
Income Statement
24
Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.16M | 2.13M | 3.36M | 869.60K | 3.53M | 2.68M |
| Gross Profit | -886.77K | 440.33K | 1.25M | 869.60K | 1.68M | 1.06M |
| EBITDA | -7.32M | -1.27M | -517.81K | -1.80M | 608.56K | 245.55K |
| Net Income | -9.63M | -1.71M | -999.73K | -2.04M | 289.31K | -302.36K |
Balance Sheet | ||||||
| Total Assets | 5.82M | 7.13M | 8.24M | 8.61M | 8.85M | 4.96M |
| Cash, Cash Equivalents and Short-Term Investments | 212.17K | 21.10K | 410.82K | 21.42K | 140.67K | 190.76K |
| Total Debt | 9.18M | 411.32K | 51.31K | 681.99K | 330.29K | 3.39M |
| Total Liabilities | 12.09M | 1.18M | 877.83K | 1.51M | 3.68M | 5.53M |
| Stockholders Equity | -6.26M | 5.94M | 7.37M | 7.10M | 5.17M | -566.73K |
Cash Flow | ||||||
| Free Cash Flow | -4.44M | -749.73K | -264.92K | -1.69M | -154.54K | 58.59K |
| Operating Cash Flow | -4.23M | -749.73K | -259.72K | -1.62M | 18.34K | 58.59K |
| Investing Cash Flow | 95.09K | 0.00 | -5.20K | -2.30M | -1.24M | -686.37K |
| Financing Cash Flow | 4.22M | 360.01K | 654.32K | 3.80M | 1.17M | 808.51K |
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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $57.80B | 23.15 | 12.73% | 2.51% | -10.49% | -18.64% | |
70 Outperform | $1.06B | 15.34 | 37.18% | ― | 13.17% | -38.92% | |
69 Neutral | $71.11B | 26.22 | 21.89% | 1.59% | 2.93% | -8.06% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | $19.78M | 1.29 | 15.75% | ― | 25.87% | -0.36% | |
61 Neutral | $12.22B | 46.88 | 9.54% | 13.72% | 0.61% | -27.77% | |
46 Neutral | $16.94M | -7.79 | -25.68% | ― | ― | ― |
* Industrials Sector Average
APGI
American Power Group
0.01
<0.01
20.00%
CMI
Cummins
517.00
90.64
21.26%
GNRC
Generac Holdings
207.91
37.92
22.31%
PCAR
Paccar
109.94
13.24
13.70%
PSIX
Power Solutions
45.40
-50.99
-52.90%
GTEC
Greenland Technologies Holding
0.78
-0.61
-43.81%
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.