APOGEE ENTERPRISES INC (APOG)
US0375981091 - Common Stock
Overall APOG gets a fundamental rating of 6 out of 10. We evaluated APOG against 39 industry peers in the Building Products industry. APOG gets an excellent profitability rating and is at the same time showing great financial health properties. APOG is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years APOG has always been profitable.
Each year in the past 5 years APOG had a positive operating cash flow.
1.2 Ratios
APOG's Return On Assets of 11.37% is fine compared to the rest of the industry. APOG outperforms 69.23% of its industry peers.
APOG has a better Return On Equity (20.59%) than 66.67% of its industry peers.
APOG has a Return On Invested Capital of 19.32%. This is amongst the best in the industry. APOG outperforms 82.05% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APOG is above the industry average of 13.33%.
The last Return On Invested Capital (19.32%) for APOG is above the 3 year average (15.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.37% | ||
| ROE | 20.59% | ||
| ROIC | 19.32% |
ROA(3y)7.68%
ROA(5y)6.01%
ROE(3y)16.11%
ROE(5y)12.68%
ROIC(3y)15.68%
ROIC(5y)12.83%
1.3 Margins
The Profit Margin of APOG (7.58%) is comparable to the rest of the industry.
APOG's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.45%, APOG is in line with its industry, outperforming 43.59% of the companies in the same industry.
In the last couple of years the Operating Margin of APOG has grown nicely.
APOG has a worse Gross Margin (27.77%) than 64.10% of its industry peers.
In the last couple of years the Gross Margin of APOG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.45% | ||
| PM (TTM) | 7.58% | ||
| GM | 27.77% |
OM growth 3Y15.66%
OM growth 5Y16.55%
PM growth 3Y77.78%
PM growth 5Y16.63%
GM growth 3Y4.84%
GM growth 5Y4.67%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APOG is creating 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.
The debt/assets ratio for APOG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.14 indicates that APOG is not in any danger for bankruptcy at the moment.
The Altman-Z score of APOG (5.14) is better than 61.54% of its industry peers.
The Debt to FCF ratio of APOG is 0.38, which is an excellent value as it means it would take APOG, only 0.38 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.38, APOG belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
A Debt/Equity ratio of 0.12 indicates that APOG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.12, APOG is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.38 | ||
| Altman-Z | 5.14 |
ROIC/WACC1.83
WACC10.57%
2.3 Liquidity
APOG has a Current Ratio of 1.65. This is a normal value and indicates that APOG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.65, APOG is not doing good in the industry: 71.79% of the companies in the same industry are doing better.
A Quick Ratio of 1.32 indicates that APOG should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.32, APOG perfoms like the industry average, outperforming 51.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
APOG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.97%, which is quite impressive.
APOG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.21% yearly.
The Revenue has decreased by -3.63% in the past year.
The Revenue has been growing slightly by 0.20% on average over the past years.
EPS 1Y (TTM)20.97%
EPS 3Y25.64%
EPS 5Y10.21%
EPS Q2Q%5.88%
Revenue 1Y (TTM)-3.63%
Revenue growth 3Y4.81%
Revenue growth 5Y0.2%
Sales Q2Q%-3.18%
3.2 Future
APOG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.31% yearly.
APOG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.70% yearly.
EPS Next Y8.19%
EPS Next 2Y2.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.24%
Revenue Next 2Y0.7%
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
APOG is valuated correctly with a Price/Earnings ratio of 13.58.
Compared to the rest of the industry, the Price/Earnings ratio of APOG indicates a somewhat cheap valuation: APOG is cheaper than 76.92% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.73. APOG is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 14.25, APOG is valued correctly.
Based on the Price/Forward Earnings ratio, APOG is valued a bit cheaper than the industry average as 74.36% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of APOG to the average of the S&P500 Index (22.83), we can say APOG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.58 | ||
| Fwd PE | 14.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APOG indicates a rather cheap valuation: APOG is cheaper than 84.62% of the companies listed in the same industry.
APOG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. APOG is cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.66 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of APOG may justify a higher PE ratio.
PEG (NY)1.66
PEG (5Y)1.33
EPS Next 2Y2.31%
EPS Next 3YN/A
5. Dividend
5.1 Amount
APOG has a Yearly Dividend Yield of 1.39%. Purely for dividend investing, there may be better candidates out there.
APOG's Dividend Yield is rather good when compared to the industry average which is at 0.99. APOG pays more dividend than 89.74% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.24, APOG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
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 Years13
Div Non Decr Years34
5.3 Sustainability
APOG pays out 20.57% of its income as dividend. This is a sustainable payout ratio.
APOG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.57%
EPS Next 2Y2.31%
EPS Next 3YN/A
APOGEE ENTERPRISES INC
NASDAQ:APOG (12/20/2024, 8:00:00 PM)
After market: 74.2 +2.92 (+4.1%)71.28
-0.45 (-0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners92.96%
Inst Owner Change-0.51%
Ins Owners5%
Ins Owner Change-0.11%
Market Cap1.56B
Analysts76
Price Target81.77 (14.72%)
Short Float %4.04%
Short Ratio6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
Dividend Growth(5Y)8.03%
DP20.57%
Div Incr Years13
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)25.6%
Min EPS beat(2)15.2%
Max EPS beat(2)36.01%
EPS beat(4)4
Avg EPS beat(4)17.84%
Min EPS beat(4)9.51%
Max EPS beat(4)36.01%
EPS beat(8)8
Avg EPS beat(8)14.19%
EPS beat(12)12
Avg EPS beat(12)21.18%
EPS beat(16)15
Avg EPS beat(16)18.98%
Revenue beat(2)1
Avg Revenue beat(2)-1.16%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)0.13%
Revenue beat(4)2
Avg Revenue beat(4)-1.26%
Min Revenue beat(4)-7.74%
Max Revenue beat(4)5.01%
Revenue beat(8)2
Avg Revenue beat(8)-1.97%
Revenue beat(12)5
Avg Revenue beat(12)0%
Revenue beat(16)7
Avg Revenue beat(16)0.22%
PT rev (1m)0%
PT rev (3m)18.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.17%
EPS NY rev (1m)0%
EPS NY rev (3m)4.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.58 | ||
| Fwd PE | 14.25 | ||
| P/S | 1.14 | ||
| P/FCF | 9.66 | ||
| P/OCF | 7.6 | ||
| P/B | 3.09 | ||
| P/tB | 5 | ||
| EV/EBITDA | 8 |
EPS(TTM)5.25
EY7.37%
EPS(NY)5
Fwd EY7.02%
FCF(TTM)7.38
FCFY10.35%
OCF(TTM)9.37
OCFY13.15%
SpS62.69
BVpS23.08
TBVpS14.26
PEG (NY)1.66
PEG (5Y)1.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.37% | ||
| ROE | 20.59% | ||
| ROCE | 23.23% | ||
| ROIC | 19.32% | ||
| ROICexc | 20.89% | ||
| ROICexgc | 30.23% | ||
| OM | 11.45% | ||
| PM (TTM) | 7.58% | ||
| GM | 27.77% | ||
| FCFM | 11.77% |
ROA(3y)7.68%
ROA(5y)6.01%
ROE(3y)16.11%
ROE(5y)12.68%
ROIC(3y)15.68%
ROIC(5y)12.83%
ROICexc(3y)16.47%
ROICexc(5y)13.44%
ROICexgc(3y)24.11%
ROICexgc(5y)20.11%
ROCE(3y)18.85%
ROCE(5y)15.43%
ROICexcg growth 3Y28.97%
ROICexcg growth 5Y21.2%
ROICexc growth 3Y30.43%
ROICexc growth 5Y24.34%
OM growth 3Y15.66%
OM growth 5Y16.55%
PM growth 3Y77.78%
PM growth 5Y16.63%
GM growth 3Y4.84%
GM growth 5Y4.67%
F-Score7
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.38 | ||
| Debt/EBITDA | 0.31 | ||
| Cap/Depr | 108.11% | ||
| Cap/Sales | 3.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 103.82% | ||
| Profit Quality | 155.19% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 5.14 |
F-Score7
WACC10.57%
ROIC/WACC1.83
Cap/Depr(3y)84.68%
Cap/Depr(5y)82.97%
Cap/Sales(3y)2.61%
Cap/Sales(5y)2.74%
Profit Quality(3y)821.8%
Profit Quality(5y)661.4%
High Growth Momentum
Growth
EPS 1Y (TTM)20.97%
EPS 3Y25.64%
EPS 5Y10.21%
EPS Q2Q%5.88%
EPS Next Y8.19%
EPS Next 2Y2.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.63%
Revenue growth 3Y4.81%
Revenue growth 5Y0.2%
Sales Q2Q%-3.18%
Revenue Next Year-3.24%
Revenue Next 2Y0.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y7.99%
EBIT growth 3Y21.22%
EBIT growth 5Y16.79%
EBIT Next Year33.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y635.66%
FCF growth 3Y11.64%
FCF growth 5Y35.15%
OCF growth 1Y378.34%
OCF growth 3Y12.89%
OCF growth 5Y16.19%