APG vs BWMN

APi Group Corporation vs Bowman Consulting Group Ltd. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — APG scores higher on quality with 9.5/10 vs BWMN's 8.5/10. APG trades at $41.77 while BWMN trades at $32.52. Both analyzed daily using SEC EDGAR data across 13 institutional models.

APG

Engineering & Construction
APi Group Corporation
Quality
9.5
out of 10
Value Trap
17
SAFE
Price
$41.77
Last close
Models
12/13
Active
VS

BWMN

Engineering & Construction
Bowman Consulting Group Ltd.
Quality
8.5
out of 10
Value Trap
35
LOW
Price
$32.52
Last close
Models
12/13
Active
APG
Quality Score 9.5/10 — top tier
Limited to 2/13 visible models
BWMN
Quality Score 8.5/10 — top tier
Limited to 2/13 visible models

APG vs BWMN — Fair Value Comparison

APG
$0$16$33$49 Price$41.77 Bayesian …$17.82 (-57.3%) Earnings …$1.35 (-96.8%)
BWMN
$0$13$26$38 Price$32.52 Bayesian …$7.93 (-75.6%) Earnings …$3.03 (-90.7%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType APG Fair ValueAPG Upside BWMN Fair ValueBWMN Upside
Bayesian DCF Intrinsic $17.82 -57.3% $7.93 -75.6%
Earnings Power Value Intrinsic $1.35 -96.8% $3.03 -90.7%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

APG vs BWMN — Which Stock Is More Undervalued in 2026?

APG scores higher with a 9.5/10 quality rating vs BWMN's 8.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do APG and BWMN Valuations Compare?

At $41.77, APG trades +57.3% above its Bayesian DCF fair value of $17.82, while BWMN at $32.52 trades +75.6% above its estimate of $7.93. BWMN shows a wider gap between price and intrinsic value.

Quality of Company: APG vs BWMN

APG earns a Quality of Company score of 9.5/10 compared to BWMN's 8.5/10. This moderate difference suggests one company has an edge in fundamental quality, though both may offer investment merit depending on valuation. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: APG vs BWMN

APG carries a SAFE value trap risk (17/100) while BWMN shows LOW risk (35/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Engineering & Construction

Both APG and BWMN operate in Engineering & Construction, which has 53 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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