APOGEE ENTERPRISES INC (APOG) Stock Fundamental Analysis
USA - NASDAQ:APOG - US0375981091 - Common Stock
33.5 USD
+0.08 (+0.24%)
33.5 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to APOG. APOG was compared to 41 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 bad growth rate and is valued cheaply. Finally APOG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
APOG had positive earnings in the past year.
In the past year APOG had a positive cash flow from operations.
In the past 5 years APOG has always been profitable.
In the past 5 years APOG always reported a positive cash flow from operatings.
1.2 Ratios
APOG has a Return On Assets of 3.85%. This is in the lower half of the industry: APOG underperforms 60.98% of its industry peers.
With a Return On Equity value of 8.88%, APOG perfoms like the industry average, outperforming 41.46% of the companies in the same industry.
APOG has a Return On Invested Capital (7.74%) which is comparable to the rest of the industry.
APOG had an Average Return On Invested Capital over the past 3 years of 14.71%. This is above the industry average of 12.50%.
The 3 year average ROIC (14.71%) for APOG is well above the current ROIC(7.74%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 8.88% | ||
| ROIC | 7.74% |
ROA(3y)9.96%
ROA(5y)6.36%
ROE(3y)21.61%
ROE(5y)13.77%
ROIC(3y)14.71%
ROIC(5y)12.43%
1.3 Margins
APOG's Profit Margin of 3.19% is on the low side compared to the rest of the industry. APOG is outperformed by 63.41% of its industry peers.
In the last couple of years the Profit Margin of APOG has grown nicely.
APOG's Operating Margin of 6.51% is on the low side compared to the rest of the industry. APOG is outperformed by 70.73% of its industry peers.
In the last couple of years the Operating Margin of APOG has grown nicely.
The Gross Margin of APOG (23.91%) is worse than 70.73% of its industry peers.
APOG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.51% | ||
| PM (TTM) | 3.19% | ||
| GM | 23.91% |
OM growth 3Y12.82%
OM growth 5Y8.58%
PM growth 3Y186.28%
PM growth 5Y6.97%
GM growth 3Y4.98%
GM growth 5Y2.98%
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.
Compared to 1 year ago, APOG has a worse debt to assets ratio.
2.2 Solvency
APOG has an Altman-Z score of 2.77. This is not the best score and indicates that APOG is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.77, APOG is in line with its industry, outperforming 41.46% of the companies in the same industry.
The Debt to FCF ratio of APOG is 4.06, which is a neutral value as it means it would take APOG, 4.06 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of APOG (4.06) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.54 indicates that APOG is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.54, APOG perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.06 | ||
| Altman-Z | 2.77 |
ROIC/WACC0.84
WACC9.22%
2.3 Liquidity
APOG has a Current Ratio of 1.76. This is a normal value and indicates that APOG is financially healthy and should not expect problems in meeting its short term obligations.
APOG has a worse Current ratio (1.76) than 63.41% of its industry peers.
APOG has a Quick Ratio of 1.37. This is a normal value and indicates that APOG is financially healthy and should not expect problems in meeting its short term obligations.
APOG has a Quick ratio of 1.37. This is in the better half of the industry: APOG outperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
APOG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.05%.
Measured over the past years, APOG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.82% on average per year.
The Revenue has been growing slightly by 1.19% in the past year.
APOG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.38% yearly.
EPS 1Y (TTM)-31.05%
EPS 3Y25.82%
EPS 5Y15.82%
EPS Q2Q%-31.94%
Revenue 1Y (TTM)1.19%
Revenue growth 3Y1.18%
Revenue growth 5Y-0.38%
Sales Q2Q%4.6%
3.2 Future
Based on estimates for the next years, APOG will show a decrease in Earnings Per Share. The EPS will decrease by -8.00% on average per year.
The Revenue is expected to grow by 3.01% on average over the next years.
EPS Next Y-22.42%
EPS Next 2Y-8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.02%
Revenue Next 2Y3.01%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.25, which indicates a very decent valuation of APOG.
87.80% of the companies in the same industry are more expensive than APOG, based on the Price/Earnings ratio.
APOG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.89.
A Price/Forward Earnings ratio of 7.98 indicates a rather cheap valuation of APOG.
Based on the Price/Forward Earnings ratio, APOG is valued cheaper than 87.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. APOG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 7.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, APOG is valued cheaper than 90.24% of the companies in the same industry.
APOG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. APOG is cheaper than 90.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| EV/EBITDA | 6.76 |
4.3 Compensation for Growth
A cheap valuation may be justified as APOG's earnings are expected to decrease with -8.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.58
EPS Next 2Y-8%
EPS Next 3YN/A
5. Dividend
5.1 Amount
APOG has a Yearly Dividend Yield of 3.09%.
In the last 3 months the price of APOG has falen by -25.87%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 1.34, APOG pays a better dividend. On top of this APOG pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, APOG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
5.2 History
On average, the dividend of APOG grows each year by 7.36%, 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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.36%
Div Incr Years13
Div Non Decr Years34
5.3 Sustainability
APOG pays out 49.42% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.42%
EPS Next 2Y-8%
EPS Next 3YN/A
33.5
+0.08 (+0.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners97.38%
Inst Owner Change1.1%
Ins Owners1.65%
Ins Owner Change-0.84%
Market Cap720.59M
Revenue(TTM)1.39B
Net Income(TTM)44.44M
Analysts84
Price Target52.02 (55.28%)
Short Float %3.02%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
Yearly Dividend1
Dividend Growth(5Y)7.36%
DP49.42%
Div Incr Years13
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.03%
Min EPS beat(2)14.31%
Max EPS beat(2)17.75%
EPS beat(4)3
Avg EPS beat(4)8.92%
Min EPS beat(4)-0.56%
Max EPS beat(4)17.75%
EPS beat(8)7
Avg EPS beat(8)13.38%
EPS beat(12)11
Avg EPS beat(12)12.43%
EPS beat(16)15
Avg EPS beat(16)18.11%
Revenue beat(2)1
Avg Revenue beat(2)2.13%
Min Revenue beat(2)-0.15%
Max Revenue beat(2)4.41%
Revenue beat(4)3
Avg Revenue beat(4)1.67%
Min Revenue beat(4)-0.15%
Max Revenue beat(4)4.41%
Revenue beat(8)5
Avg Revenue beat(8)0.2%
Revenue beat(12)5
Avg Revenue beat(12)-0.76%
Revenue beat(16)8
Avg Revenue beat(16)0.42%
PT rev (1m)-3.55%
PT rev (3m)-3.55%
EPS NQ rev (1m)-10.61%
EPS NQ rev (3m)-14.13%
EPS NY rev (1m)-4.58%
EPS NY rev (3m)-4.69%
Revenue NQ rev (1m)-1.56%
Revenue NQ rev (3m)-2.03%
Revenue NY rev (1m)-0.76%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 7.98 | ||
| P/S | 0.52 | ||
| P/FCF | 10.83 | ||
| P/OCF | 7.33 | ||
| P/B | 1.44 | ||
| P/tB | 4.9 | ||
| EV/EBITDA | 6.76 |
EPS(TTM)3.62
EY10.81%
EPS(NY)4.2
Fwd EY12.53%
FCF(TTM)3.09
FCFY9.24%
OCF(TTM)4.57
OCFY13.64%
SpS64.71
BVpS23.25
TBVpS6.84
PEG (NY)N/A
PEG (5Y)0.58
Graham Number43.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 8.88% | ||
| ROCE | 10.15% | ||
| ROIC | 7.74% | ||
| ROICexc | 8.1% | ||
| ROICexgc | 13.82% | ||
| OM | 6.51% | ||
| PM (TTM) | 3.19% | ||
| GM | 23.91% | ||
| FCFM | 4.78% |
ROA(3y)9.96%
ROA(5y)6.36%
ROE(3y)21.61%
ROE(5y)13.77%
ROIC(3y)14.71%
ROIC(5y)12.43%
ROICexc(3y)15.4%
ROICexc(5y)13.07%
ROICexgc(3y)23.59%
ROICexgc(5y)19.93%
ROCE(3y)19.27%
ROCE(5y)16.29%
ROICexgc growth 3Y8.42%
ROICexgc growth 5Y9.36%
ROICexc growth 3Y2.68%
ROICexc growth 5Y7.88%
OM growth 3Y12.82%
OM growth 5Y8.58%
PM growth 3Y186.28%
PM growth 5Y6.97%
GM growth 3Y4.98%
GM growth 5Y2.98%
F-Score5
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.06 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 63.66% | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.99% | ||
| Profit Quality | 149.77% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.77 |
F-Score5
WACC9.22%
ROIC/WACC0.84
Cap/Depr(3y)96.74%
Cap/Depr(5y)76.96%
Cap/Sales(3y)2.93%
Cap/Sales(5y)2.52%
Profit Quality(3y)107.38%
Profit Quality(5y)664.4%
High Growth Momentum
Growth
EPS 1Y (TTM)-31.05%
EPS 3Y25.82%
EPS 5Y15.82%
EPS Q2Q%-31.94%
EPS Next Y-22.42%
EPS Next 2Y-8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.19%
Revenue growth 3Y1.18%
Revenue growth 5Y-0.38%
Sales Q2Q%4.6%
Revenue Next Year5.02%
Revenue Next 2Y3.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-42.51%
EBIT growth 3Y14.15%
EBIT growth 5Y8.17%
EBIT Next Year28.3%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-43.12%
FCF growth 3Y4.41%
FCF growth 5Y9.89%
OCF growth 1Y-41.45%
OCF growth 3Y7.59%
OCF growth 5Y3.13%
APOGEE ENTERPRISES INC / APOG FAQ
Can you provide the ChartMill fundamental rating for APOGEE ENTERPRISES INC?
ChartMill assigns a fundamental rating of 5 / 10 to APOG.
Can you provide the valuation status for APOGEE ENTERPRISES INC?
ChartMill assigns a valuation rating of 7 / 10 to APOGEE ENTERPRISES INC (APOG). This can be considered as Undervalued.
Can you provide the profitability details for APOGEE ENTERPRISES INC?
APOGEE ENTERPRISES INC (APOG) has a profitability rating of 5 / 10.
How financially healthy is APOGEE ENTERPRISES INC?
The financial health rating of APOGEE ENTERPRISES INC (APOG) is 4 / 10.
How sustainable is the dividend of APOGEE ENTERPRISES INC (APOG) stock?
The dividend rating of APOGEE ENTERPRISES INC (APOG) is 7 / 10 and the dividend payout ratio is 49.42%.