APOGEE ENTERPRISES INC (APOG) Stock Fundamental Analysis
NASDAQ:APOG - US0375981091 - Common Stock
41.56 USD
-1.48 (-3.44%)
41.56 USD
0 (0%)
APOG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 industry peers in the Building Products industry. APOG has an average financial health and profitability rating. APOG has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year APOG was profitable.
In the past year APOG had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 4.44%, APOG is doing worse than 60.98% of the companies in the same industry.
APOG has a Return On Equity (10.66%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 8.65%, APOG is in line with its industry, outperforming 48.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for APOG is in line with the industry average of 12.73%.
The last Return On Invested Capital (8.65%) for APOG is well below the 3 year average (14.71%), which needs to be investigated, but indicates that APOG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.44% | ||
| ROE | 10.66% | ||
| ROIC | 8.65% |
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 has a Profit Margin of 3.73%. This is in the lower half of the industry: APOG underperforms 65.85% of its industry peers.
APOG's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 7.45%, APOG is doing worse than 68.29% of the companies in the same industry.
APOG's Operating Margin has improved in the last couple of years.
APOG has a worse Gross Margin (25.08%) than 70.73% of its industry peers.
In the last couple of years the Gross Margin of APOG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.45% | ||
| PM (TTM) | 3.73% | ||
| GM | 25.08% |
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.
APOG has less shares outstanding than it did 1 year ago.
APOG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for APOG is higher compared to a year ago.
2.2 Solvency
APOG has an Altman-Z score of 2.93. 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.
APOG has a Altman-Z score of 2.93. This is comparable to the rest of the industry: APOG outperforms 41.46% of its industry peers.
The Debt to FCF ratio of APOG is 4.83, which is a neutral value as it means it would take APOG, 4.83 years of fcf income to pay off all of its debts.
APOG has a Debt to FCF ratio (4.83) which is in line with its industry peers.
APOG has a Debt/Equity ratio of 0.65. This is a neutral value indicating APOG is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, APOG perfoms like the industry average, outperforming 41.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.83 | ||
| Altman-Z | 2.93 |
ROIC/WACC0.86
WACC10.06%
2.3 Liquidity
A Current Ratio of 1.77 indicates that APOG should not have too much problems paying its short term obligations.
The Current ratio of APOG (1.77) is worse than 63.41% of its industry peers.
A Quick Ratio of 1.36 indicates that APOG should not have too much problems paying its short term obligations.
The Quick ratio of APOG (1.36) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
APOG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.08%.
APOG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.82% yearly.
APOG shows a decrease in Revenue. In the last year, the revenue decreased by -0.77%.
Measured over the past years, APOG shows a decrease in Revenue. The Revenue has been decreasing by -0.38% on average per year.
EPS 1Y (TTM)-21.08%
EPS 3Y25.82%
EPS 5Y15.82%
EPS Q2Q%-61.11%
Revenue 1Y (TTM)-0.77%
Revenue growth 3Y1.18%
Revenue growth 5Y-0.38%
Sales Q2Q%4.56%
3.2 Future
Based on estimates for the next years, APOG will show a decrease in Earnings Per Share. The EPS will decrease by -7.93% on average per year.
Based on estimates for the next years, APOG will show a small growth in Revenue. The Revenue will grow by 3.08% on average per year.
EPS Next Y-18.69%
EPS Next 2Y-7.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.82%
Revenue Next 2Y3.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 10.19, the valuation of APOG can be described as reasonable.
95.12% of the companies in the same industry are more expensive than APOG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.07, APOG is valued rather cheaply.
The Price/Forward Earnings ratio is 9.88, which indicates a very decent valuation of APOG.
95.12% of the companies in the same industry are more expensive than APOG, based on the Price/Forward Earnings ratio.
APOG is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 9.88 |
4.2 Price Multiples
APOG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. APOG is cheaper than 92.68% 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 80.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.9 | ||
| EV/EBITDA | 8.06 |
4.3 Compensation for Growth
APOG's earnings are expected to decrease with -7.93% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.64
EPS Next 2Y-7.93%
EPS Next 3YN/A
5. Dividend
5.1 Amount
APOG has a Yearly Dividend Yield of 2.37%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.12, APOG pays a better dividend. On top of this APOG pays more dividend than 100.00% of the companies listed in the same industry.
APOG's Dividend Yield is comparable with the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.36%
Div Incr Years13
Div Non Decr Years34
5.3 Sustainability
APOG pays out 53.08% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of APOG has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP53.08%
EPS Next 2Y-7.93%
EPS Next 3YN/A
41.56
-1.48 (-3.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners94.19%
Inst Owner Change2.61%
Ins Owners1.79%
Ins Owner Change4.75%
Market Cap894.79M
Analysts84
Price Target53.93 (29.76%)
Short Float %1.97%
Short Ratio1.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
Yearly Dividend1
Dividend Growth(5Y)7.36%
DP53.08%
Div Incr Years13
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.59%
Min EPS beat(2)-0.56%
Max EPS beat(2)17.75%
EPS beat(4)3
Avg EPS beat(4)9.14%
Min EPS beat(4)-0.56%
Max EPS beat(4)17.75%
EPS beat(8)7
Avg EPS beat(8)13.97%
EPS beat(12)11
Avg EPS beat(12)13.39%
EPS beat(16)14
Avg EPS beat(16)16.89%
Revenue beat(2)2
Avg Revenue beat(2)3.11%
Min Revenue beat(2)1.8%
Max Revenue beat(2)4.41%
Revenue beat(4)4
Avg Revenue beat(4)1.74%
Min Revenue beat(4)0.13%
Max Revenue beat(4)4.41%
Revenue beat(8)5
Avg Revenue beat(8)-0.63%
Revenue beat(12)6
Avg Revenue beat(12)-0.26%
Revenue beat(16)9
Avg Revenue beat(16)0.51%
PT rev (1m)0%
PT rev (3m)-3.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-19.95%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 9.88 | ||
| P/S | 0.65 | ||
| P/FCF | 13.9 | ||
| P/OCF | 8.95 | ||
| P/B | 1.86 | ||
| P/tB | 7.1 | ||
| EV/EBITDA | 8.06 |
EPS(TTM)4.08
EY9.82%
EPS(NY)4.2
Fwd EY10.12%
FCF(TTM)2.99
FCFY7.2%
OCF(TTM)4.64
OCFY11.17%
SpS63.92
BVpS22.38
TBVpS5.86
PEG (NY)N/A
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.44% | ||
| ROE | 10.66% | ||
| ROCE | 11.34% | ||
| ROIC | 8.65% | ||
| ROICexc | 8.98% | ||
| ROICexgc | 15.18% | ||
| OM | 7.45% | ||
| PM (TTM) | 3.73% | ||
| GM | 25.08% | ||
| FCFM | 4.68% |
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%
ROICexcg growth 3Y8.42%
ROICexcg 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 Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 4.83 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 75.49% | ||
| Cap/Sales | 2.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.83% | ||
| Profit Quality | 125.4% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 2.93 |
F-Score5
WACC10.06%
ROIC/WACC0.86
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)-21.08%
EPS 3Y25.82%
EPS 5Y15.82%
EPS Q2Q%-61.11%
EPS Next Y-18.69%
EPS Next 2Y-7.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.77%
Revenue growth 3Y1.18%
Revenue growth 5Y-0.38%
Sales Q2Q%4.56%
Revenue Next Year5.82%
Revenue Next 2Y3.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-33.89%
EBIT growth 3Y14.15%
EBIT growth 5Y8.17%
EBIT Next Year28.3%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-39.82%
FCF growth 3Y4.41%
FCF growth 5Y9.89%
OCF growth 1Y-35.32%
OCF growth 3Y7.59%
OCF growth 5Y3.13%