NasdaqGS:APOG

Stock Analysis Report

Executive Summary

Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Apogee Enterprises's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.1%

APOG

1.4%

US Building

1.3%

US Market


1 Year Return

-6.1%

APOG

13.0%

US Building

5.9%

US Market

Return vs Industry: APOG underperformed the US Building industry which returned 13% over the past year.

Return vs Market: APOG underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

APOGIndustryMarket
7 Day-0.1%1.4%1.3%
30 Day-11.4%-2.0%-1.9%
90 Day-13.6%1.9%-1.8%
1 Year-4.4%-6.1%14.8%13.0%8.3%5.9%
3 Year-12.8%-16.4%26.6%16.0%45.6%36.2%
5 Year-1.5%-7.4%59.9%40.5%66.1%47.9%

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

Valuation

Is Apogee Enterprises undervalued compared to its fair value and its price relative to the market?

20.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: APOG ($36.79) is trading below our estimate of fair value ($46.13)

Significantly Undervalued: APOG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: APOG is poor value based on its PE Ratio (22.3x) compared to the Building industry average (20x).

PE vs Market: APOG is poor value based on its PE Ratio (22.3x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: APOG is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: APOG is good value based on its PB Ratio (1.9x) compared to the US Building industry average (2.1x).


Next Steps

Future Growth

How is Apogee Enterprises forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

32.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APOG's forecast earnings growth (32% per year) is above the savings rate (2.7%).

Earnings vs Market: APOG's earnings (32% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: APOG's revenue (4.7% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: APOG's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if APOG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Apogee Enterprises performed over the past 5 years?

4.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: APOG's earnings have grown by 4.1% 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 (-45.6%) over the past year, making it difficult to compare to the Building industry average (7.7%).


Return on Equity

High ROE: APOG's Return on Equity (8.9%) is considered low.


Return on Assets

ROA vs Industry: APOG's Return on Assets is below or equal to the Building industry average last year.


Return on Capital Employed

ROCE Improving: APOG's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Apogee Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: APOG's short term assets ($391.3M) exceeds its short term liabilities ($371.3M)

Long Term Liabilities: APOG's short term assets (391.3M) exceeds its long term liabilities (264.5M)


Debt to Equity History and Analysis

Debt Level: APOG's debt to equity ratio (54.2%) is considered high

Reducing Debt: APOG's debt to equity ratio has increased from 5.9% to 54.2% over the past 5 years.

Debt Coverage: APOG's debt is well covered by operating cash flow (24.3%).

Interest Coverage: APOG's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet

Inventory Level: APOG has a high level of physical assets or inventory.

Debt Coverage by Assets: APOG's debt is covered by short term assets (assets are 1.434580x debt).


Next Steps

Dividend

What is Apogee Enterprises's current dividend yield, its reliability and sustainability?

1.90%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Apogee Enterprises before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company1.9%marketbottom25%1.5%markettop25%3.8%industryaverage1.8%forecastin3Years1.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: APOG's dividend (1.9%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: APOG's dividend (1.9%) is low compared to the top 25% of dividend payers in the US market (3.77%).

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 reasonably low payout ratio (41.4%), APOG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Apogee Enterprises's salary, the management and board of directors tenure and is there insider trading?

11.1yrs

Average management tenure


CEO

Joe Puishys (61yo)

8.2yrs

Tenure

US$2,250,536

Compensation

Mr. Joseph F. Puishys, also known as Joe, has been Chief Executive Officer and President of Apogee Enterprises, Inc. since August 22, 2011. Mr. Puishys has over 32 years experience in manufacturing busines ...


CEO Compensation Analysis

Compensation vs. Market: Joe's total compensation ($USD2.25M) is about average for companies of similar size in the US market ($USD2.76M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.


Management Age and Tenure

11.1yrs

Average Tenure

59.5yo

Average Age

Experienced Management: APOG's management team is seasoned and experienced (11.1 years average tenure).


Board Age and Tenure

7.3yrs

Average Tenure

61yo

Average Age

Experienced Board: APOG's board of directors are considered experienced (7.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$77,69518 Apr 19
Sara Hays
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,985
Max PriceUS$39.14
BuyUS$56,20515 Apr 19
James Porter
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares2,000
Max PriceUS$28.10
BuyUS$269,65026 Dec 18
Joseph Puishys
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares10,000
Max PriceUS$26.97
BuyUS$233,67130 Oct 18
Herbert Parker
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares7,000
Max PriceUS$33.38

Ownership Breakdown


Management Team

  • Jim Porter (58yo)

    Executive VP & CFO

    • Tenure: 14yrs
    • Compensation: US$787.22k
  • Pat Beithon (65yo)

    Corporate Governance Compliance Officer

    • Tenure: 20.1yrs
    • Compensation: US$596.63k
  • Gary Johnson (57yo)

    Senior VP & Treasurer

    • Tenure: 18.8yrs
    • Compensation: US$421.00k
  • Joe Puishys (61yo)

    CEO, President & Director

    • Tenure: 8.2yrs
    • Compensation: US$2.25m
  • John Klein (63yo)

    President of EFCO Corporation

    • Tenure: 1.7yrs
    • Compensation: US$545.12k
  • Jeff Huebschen

    Vice President of Investor Relations & Communications

    • Tenure: 0yrs
  • Brent Jewell (45yo)

    President of Architectural Framing Systems segment

    • Tenure: 1.8yrs
    • Compensation: US$723.05k

Board Members

  • Mark Pompa (54yo)

    Independent Director

    • Tenure: 1yrs
    • Compensation: US$102.98k
  • Jerome Davis (64yo)

    Independent Director

    • Tenure: 15.3yrs
    • Compensation: US$197.51k
  • Bernie Aldrich (69yo)

    Non-Executive Chairman

    • Tenure: 8.8yrs
    • Compensation: US$265.96k
  • Don Nolan (58yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$188.29k
  • Sara Hays (55yo)

    Independent Director

    • Tenure: 14yrs
    • Compensation: US$193.59k
  • Herbert Parker (61yo)

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: US$180.71k
  • Richard Reynolds (70yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$202.50k
  • Patti Wagner (55yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$182.49k
  • Joe Puishys (61yo)

    CEO, President & Director

    • Tenure: 8.2yrs
    • Compensation: US$2.25m
  • Lloyd Johnson (65yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$183.80k

Company Information

Apogee Enterprises, Inc.'s company bio, 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
  • Market Cap: US$976.944m
  • Shares outstanding: 26.55m
  • Website: https:// www.apog.com

Number of Employees


Location

  • Apogee Enterprises, Inc.
  • 4400 West 78th Street
  • Suite 520
  • Minneapolis
  • Minnesota
  • 55435
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APOGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1972
ANPDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:30
End of Day Share Price2019/10/14 00:00
Earnings2019/08/31
Annual Earnings2019/03/02


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.