| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
APOG Stock Overview
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil.
Rewards
Risk Analysis
+ 1 more risk
Apogee Enterprises Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$41.47 |
| 52 Week High | US$50.45 |
| 52 Week Low | US$33.88 |
| Beta | 1.09 |
| 1 Month Change | 7.24% |
| 3 Month Change | -2.58% |
| 1 Year Change | 2.40% |
| 3 Year Change | 8.59% |
| 5 Year Change | -19.35% |
| Change since IPO | 435.10% |
Recent News & Updates
Apogee Enterprises increases credit facility to $385M
Apogee Enterprises (NASDAQ:APOG) said Friday it amended its senior unsecured credit facility, increasing it to $385M. The amendment provides for an uncommitted accordion feature, allowing for $200M of additional borrowing capacity. APOG will repay its current $150M senior unsecured term loan using proceeds from the increased credit facility. The amended credit facility will mature in 2027.
Apogee Enterprises announces CFO transition
Apogee Enterprises (NASDAQ:APOG) CFO, Nisheet Gupta resigns to pursue an opportunity outside of the industry, effective August 1, 2022. Mark Augdahl as interim CFO, effective upon Mr. Gupta’s departure. Mr. Augdahl currently serves as Vice President of Finance for Apogee’s Architectural Glass segment. The company has begun a search for its next CFO and has retained an executive search firm to assist with the process.
Is Apogee Enterprises, Inc. (NASDAQ:APOG) Potentially Undervalued?
Apogee Enterprises, Inc. ( NASDAQ:APOG ), is not the largest company out there, but it saw a decent share price growth...
Shareholder Returns
| APOG | US Building | US Market | |
|---|---|---|---|
| 7D | -0.3% | 1.5% | 1.0% |
| 1Y | 2.4% | -18.3% | -12.9% |
Return vs Industry: APOG exceeded the US Building industry which returned -18.3% over the past year.
Return vs Market: APOG exceeded the US Market which returned -12.8% over the past year.
Price Volatility
| APOG volatility | |
|---|---|
| APOG Average Weekly Movement | 5.5% |
| Building Industry Average Movement | 6.4% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: APOG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: APOG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1949 | 5,500 | Ty Silberhorn | https://www.apog.com |
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, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass window; curtain wall; storefront; and entrance systems, such as the outside skin and entrances of commercial, institutional, and multi-family residential buildings.
Apogee Enterprises Fundamentals Summary
| APOG fundamental statistics | |
|---|---|
| Market Cap | US$918.84m |
| Earnings (TTM) | US$15.40m |
| Revenue (TTM) | US$1.34b |
59.7x
P/E Ratio0.7x
P/S RatioIs APOG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| APOG income statement (TTM) | |
|---|---|
| Revenue | US$1.34b |
| Cost of Revenue | US$1.02b |
| Gross Profit | US$320.27m |
| Other Expenses | US$304.87m |
| Earnings | US$15.40m |
Last Reported Earnings
May 28, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.70 |
| Gross Margin | 23.82% |
| Net Profit Margin | 1.15% |
| Debt/Equity Ratio | 79.7% |
How did APOG perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield132%
Payout RatioValuation
Is APOG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for APOG?
Other financial metrics that can be useful for relative valuation.
| What is APOG's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$918.84m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 7.4x |
| PEG Ratio | 1.6x |
Price to Earnings Ratio vs Peers
How does APOG's PE Ratio compare to its peers?
| APOG PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 15.9x | ||
NX Quanex Building Products | 10.9x | 2.1% | US$789.6m |
JELD JELD-WEN Holding | 9.3x | 32.6% | US$1.2b |
TGLS Tecnoglass | 12.1x | 12.6% | US$1.1b |
JBI Janus International Group | 31.4x | 34.8% | US$1.5b |
APOG Apogee Enterprises | 59.7x | 37.6% | US$918.8m |
Price-To-Earnings vs Peers: APOG is expensive based on its Price-To-Earnings Ratio (59.7x) compared to the peer average (15.9x).
Price to Earnings Ratio vs Industry
How does APOG's PE Ratio compare vs other companies in the US Building Industry?
Price-To-Earnings vs Industry: APOG is expensive based on its Price-To-Earnings Ratio (59.7x) compared to the US Building industry average (17.6x)
Price to Earnings Ratio vs Fair Ratio
What is APOG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 59.7x |
| Fair PE Ratio | 28.5x |
Price-To-Earnings vs Fair Ratio: APOG is expensive based on its Price-To-Earnings Ratio (59.7x) compared to the estimated Fair Price-To-Earnings Ratio (28.5x).
Share Price vs Fair Value
What is the Fair Price of APOG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: APOG ($41.47) is trading below our estimate of fair value ($76.12)
Significantly Below Fair Value: APOG is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
Future Growth
How is Apogee Enterprises forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
37.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APOG's forecast earnings growth (37.6% per year) is above the savings rate (1.9%).
Earnings vs Market: APOG's earnings (37.6% per year) are forecast to grow faster than the US market (12.8% per year).
High Growth Earnings: APOG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APOG's revenue (2.6% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: APOG's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if APOG's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Past Performance
How has Apogee Enterprises performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-35.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APOG has a large one-off loss of $80.4M impacting its May 28 2022 financial results.
Growing Profit Margin: APOG's current net profit margins (1.1%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: APOG's earnings have declined by 35.4% 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 (-33.9%) over the past year, making it difficult to compare to the Building industry average (19.9%).
Return on Equity
High ROE: APOG's Return on Equity (4.7%) is considered low.
Discover strong past performing companies
Financial Health
How is Apogee Enterprises's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: APOG's short term assets ($371.2M) exceed its short term liabilities ($207.1M).
Long Term Liabilities: APOG's short term assets ($371.2M) do not cover its long term liabilities ($372.6M).
Debt to Equity History and Analysis
Debt Level: APOG's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: APOG's debt to equity ratio has increased from 14.8% to 79.7% over the past 5 years.
Debt Coverage: APOG's debt is well covered by operating cash flow (24.2%).
Interest Coverage: APOG's interest payments on its debt are well covered by EBIT (31.2x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Apogee Enterprises's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.12%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APOG's dividend (2.12%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: APOG's dividend (2.12%) is low compared to the top 25% of dividend payers in the US market (4.09%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.8%), APOG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.7%), APOG's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Ty Silberhorn (54 yo)
1.58yrs
Tenure
US$3,199,648
Compensation
Mr. Ty R. Silberhorn joined as Chief Executive Officer, President and Director at Apogee Enterprises, Inc. on January 4, 2021. He served as Senior Vice President of 3M Transformation, Technology and Servic...
CEO Compensation Analysis
Compensation vs Market: Ty's total compensation ($USD3.20M) is about average for companies of similar size in the US market ($USD3.94M).
Compensation vs Earnings: Insufficient data to compare Ty's compensation with company performance.
Leadership Team
Experienced Management: APOG's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: APOG's board of directors are considered experienced (3.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Apogee Enterprises, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Apogee Enterprises, Inc.
- Ticker: APOG
- Exchange: NasdaqGS
- Founded: 1949
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: US$918.844m
- Shares outstanding: 22.16m
- Website: https://www.apog.com
Number of Employees
Location
- Apogee Enterprises, Inc.
- 4400 West 78th Street
- Suite 520
- Minneapolis
- Minnesota
- 55435
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/06 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2022/05/28 |
| Annual Earnings | 2022/02/26 |
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.