Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: APLE stock price vs BKH: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BKH's multiple
Needs BKH P/E.
Implied fair value · at APLE's multiple
Needs APLE P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: APLE FY 2025 (ended Dec 31, 2025) · BKH FY 2025 (ended Dec 31, 2025).
Trendline
Nine fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 71% equity / 29% debt · EV / Revenue 3.69x · EV / EBITDA 28.93x
Capital structure 54% equity / 46% debt · EV / Revenue 4.37x · EV / EBITDA 13.78x
BKH carries the larger enterprise value at $10.10B against $5.21B; APLE trades on the lower EV / Revenue multiple (3.69x vs 4.37x); BKH on the lower EV / EBITDA (13.78x vs 28.93x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
APPLE HOSPITALITY REIT, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Black Hills Corporation · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.49x
1.23x
Net debt / EBITDA
Leverage against operating earnings
8.49x
6.16x
Cash and equivalents
Liquid reserves on the balance sheet
$8.52M
$182.80M
Total debt
Interest-bearing obligations outstanding
$1.54B
$4.70B
Comparable set
Where the pair sits against the wider comparable set.
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