APOGEE ENTERPRISES INC (APOG)
US0375981091 - Common Stock
Taking everything into account, APOG scores 5 out of 10 in our fundamental rating. APOG was compared to 43 industry peers in the Building Products industry. Both the profitability and the financial health of APOG get a neutral evaluation. Nothing too spectacular is happening here. APOG has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
APOG had positive earnings in the past year.
APOG had a positive operating cash flow in the past year.
APOG had positive earnings in each of the past 5 years.
APOG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APOG has a Return On Assets of 11.27%. This is in the better half of the industry: APOG outperforms 69.77% of its industry peers.
APOG's Return On Equity of 21.15% is fine compared to the rest of the industry. APOG outperforms 67.44% of its industry peers.
Looking at the Return On Invested Capital, with a value of 17.34%, APOG is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
APOG had an Average Return On Invested Capital over the past 3 years of 15.14%. This is in line with the industry average of 13.74%.
The last Return On Invested Capital (17.34%) for APOG is above the 3 year average (15.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.27% | ||
| ROE | 21.15% | ||
| ROIC | 17.34% |
ROA(3y)7.68%
ROA(5y)6.01%
ROE(3y)16.11%
ROE(5y)12.68%
ROIC(3y)15.14%
ROIC(5y)12.51%
1.3 Margins
Looking at the Profit Margin, with a value of 7.03%, APOG is in line with its industry, outperforming 46.51% of the companies in the same industry.
APOG's Profit Margin has improved in the last couple of years.
The Operating Margin of APOG (9.41%) is worse than 65.12% of its industry peers.
APOG's Operating Margin has improved in the last couple of years.
The Gross Margin of APOG (25.87%) is worse than 62.79% of its industry peers.
APOG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.41% | ||
| PM (TTM) | 7.03% | ||
| GM | 25.87% |
OM growth 3Y12.29%
OM growth 5Y14.51%
PM growth 3Y77.78%
PM growth 5Y16.63%
GM growth 3Y4.32%
GM growth 5Y4.36%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so APOG is still creating some value.
Compared to 1 year ago, APOG has less shares outstanding
The number of shares outstanding for APOG has been reduced compared to 5 years ago.
APOG has a better debt/assets ratio than last year.
2.2 Solvency
APOG has a debt to FCF ratio of 0.39. This is a very positive value and a sign of high solvency as it would only need 0.39 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.39, APOG belongs to the best of the industry, outperforming 81.40% of the companies in the same industry.
APOG has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.13, APOG is doing good in the industry, outperforming 69.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.39 | ||
| Altman-Z | N/A |
ROIC/WACC1.47
WACC11.82%
2.3 Liquidity
A Current Ratio of 1.47 indicates that APOG should not have too much problems paying its short term obligations.
The Current ratio of APOG (1.47) is worse than 79.07% of its industry peers.
APOG has a Quick Ratio of 1.18. This is a normal value and indicates that APOG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.18, APOG is doing worse than 60.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.80% over the past year.
Measured over the past years, APOG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.21% on average per year.
APOG shows a decrease in Revenue. In the last year, the revenue decreased by -1.64%.
Measured over the past years, APOG shows a small growth in Revenue. The Revenue has been growing by 0.20% on average per year.
EPS 1Y (TTM)19.8%
EPS 3Y25.64%
EPS 5Y10.21%
EPS growth Q2Q32.56%
Revenue 1Y (TTM)-1.64%
Revenue growth 3Y4.81%
Revenue growth 5Y0.2%
Revenue growth Q2Q5.16%
3.2 Future
Based on estimates for the next years, APOG will show a small growth in Earnings Per Share. The EPS will grow by 0.57% on average per year.
The Revenue is expected to decrease by -0.67% on average over the next years.
EPS Next Y-5.15%
EPS Next 2Y0.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.04%
Revenue Next 2Y-0.67%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.78, which indicates a correct valuation of APOG.
Based on the Price/Earnings ratio, APOG is valued cheaply inside the industry as 81.40% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.25. APOG is valued slightly cheaper when compared to this.
APOG is valuated correctly with a Price/Forward Earnings ratio of 13.48.
Based on the Price/Forward Earnings ratio, APOG is valued cheaper than 81.40% of the companies in the same industry.
APOG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.78 | ||
| Fwd PE | 13.48 |
4.2 Price Multiples
86.05% of the companies in the same industry are more expensive than APOG, based on the Enterprise Value to EBITDA ratio.
83.72% of the companies in the same industry are more expensive than APOG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.38 | ||
| EV/EBITDA | 8.01 |
4.3 Compensation for Growth
APOG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.25
EPS Next 2Y0.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
APOG has a Yearly Dividend Yield of 1.62%.
APOG's Dividend Yield is rather good when compared to the industry average which is at 1.30. APOG pays more dividend than 95.35% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.45, APOG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
5.2 History
On average, the dividend of APOG grows each year by 8.03%, which is quite nice.
APOG has been paying a dividend for at least 10 years, so it has a reliable track record.
APOG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.03%
Div Incr Years12
Div Non Decr Years19
5.3 Sustainability
APOG pays out 21.22% of its income as dividend. This is a sustainable payout ratio.
The dividend of APOG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP21.22%
EPS Next 2Y0.57%
EPS Next 3YN/A
APOGEE ENTERPRISES INC
NASDAQ:APOG (4/25/2024, 11:47:44 AM)
61.1
-1.16 (-1.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.35B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.78 | ||
| Fwd PE | 13.48 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.27% | ||
| ROE | 21.15% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.41% | ||
| PM (TTM) | 7.03% | ||
| GM | 25.87% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)19.8%
EPS 3Y25.64%
EPS 5Y
EPS growth Q2Q
EPS Next Y-5.15%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.64%
Revenue growth 3Y4.81%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y