Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. More Details
Excellent balance sheet average dividend payer.
Share Price & News
How has Apogee Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APOG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: APOG's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: APOG underperformed the US Building industry which returned 78.4% over the past year.
Return vs Market: APOG exceeded the US Market which returned 39.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Apogee Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCan You Imagine How Apogee Enterprises' (NASDAQ:APOG) Shareholders Feel About The 72% Share Price Increase?
4 weeks ago | Simply Wall StWe Think Apogee Enterprises (NASDAQ:APOG) Can Stay On Top Of Its Debt
1 month ago | Simply Wall StDon't Buy Apogee Enterprises, Inc. (NASDAQ:APOG) For Its Next Dividend Without Doing These Checks
Is Apogee Enterprises undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APOG ($38.74) is trading below our estimate of fair value ($59.91)
Significantly Below Fair Value: APOG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APOG is poor value based on its PE Ratio (65.1x) compared to the US Building industry average (26x).
PE vs Market: APOG is poor value based on its PE Ratio (65.1x) compared to the US market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: APOG is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: APOG is good value based on its PB Ratio (2x) compared to the US Building industry average (2.8x).
How is Apogee Enterprises forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APOG's forecast earnings growth (59.6% per year) is above the savings rate (2%).
Earnings vs Market: APOG's earnings (59.6% per year) are forecast to grow faster than the US market (15.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APOG's revenue (1% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: APOG's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APOG's Return on Equity is forecast to be low in 3 years time (13.3%).
How has Apogee Enterprises performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APOG has a large one-off loss of $49.2M impacting its February 27 2021 financial results.
Growing Profit Margin: APOG's current net profit margins (1.3%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: APOG's earnings have declined by 13.3% per year over the past 5 years.
Accelerating Growth: APOG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APOG had negative earnings growth (-75%) over the past year, making it difficult to compare to the Building industry average (23%).
Return on Equity
High ROE: APOG's Return on Equity (3.1%) is considered low.
How is Apogee Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: APOG's short term assets ($350.7M) exceed its short term liabilities ($217.6M).
Long Term Liabilities: APOG's short term assets ($350.7M) exceed its long term liabilities ($304.8M).
Debt to Equity History and Analysis
Debt Level: APOG's debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: APOG's debt to equity ratio has increased from 5% to 33.5% over the past 5 years.
Debt Coverage: APOG's debt is well covered by operating cash flow (86%).
Interest Coverage: APOG's interest payments on its debt are well covered by EBIT (16.9x coverage).
What is Apogee Enterprises's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APOG's dividend (2.07%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: APOG's dividend (2.07%) is low compared to the top 25% of dividend payers in the US market (3.36%).
Stability and Growth of Payments
Stable Dividend: APOG's dividends per share have been stable in the past 10 years.
Growing Dividend: APOG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (128.2%), APOG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APOG's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ty Silberhorn (52 yo)
Mr. Ty R. Silberhorn joined as Chief Executive Officer, President and Director at Apogee Enterprises, Inc. on January 4, 2021. He served as Senior Vice President of 3M Transformation, Technology and Servic...
CEO Compensation Analysis
Compensation vs Market: Ty's total compensation ($USD1.76M) is about average for companies of similar size in the US market ($USD2.38M).
Compensation vs Earnings: Insufficient data to compare Ty's compensation with company performance.
Experienced Management: APOG's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: APOG's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: APOG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Apogee Enterprises, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Apogee Enterprises, Inc.
- Ticker: APOG
- Exchange: NasdaqGS
- Founded: 1949
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$979.471m
- Shares outstanding: 25.67m
- Website: https://www.apog.com
Number of Employees
- Apogee Enterprises, Inc.
- 4400 West 78th Street
- Suite 520
- United States
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architect...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/18 02:54|
|End of Day Share Price||2021/06/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.