(APOG) Apogee Enterprises - Overview
Sector: Industrials | Industry: Building Products & Equipment | Exchange: NASDAQ (USA) | Market Cap: 754m USD | Total Return: -5.1% in 12m
Avg Turnover: 5.90M
EPS Trend: -50.2%
Qual. Beats: -1
Rev. Trend: -53.5%
Qual. Beats: 1
Warnings
Choppy
Tailwinds
No distinct edge detected
Apogee Enterprises, Inc. (APOG) specializes in architectural glass, metal systems, and glass coating technologies for the commercial and institutional construction markets. Based in Minneapolis, the company operates through four distinct segments: Architectural Metals, Architectural Glass, Architectural Services, and Performance Surfaces. Its business model integrates manufacturing with technical services, providing end-to-end solutions for building envelopes, including curtainwalls and storefront systems across North America and Brazil.
The company serves diverse end-markets such as healthcare, education, and transportation, reducing exposure to any single commercial real estate vertical. As a player in the Building Products sub-industry, Apogee’s performance is closely tied to non-residential construction cycles and the growing demand for energy-efficient glazing solutions. The architectural glass industry is increasingly driven by stringent building codes that require high-performance thermal coatings and structural integrity.
Investors may find additional insights by examining the fundamental data available on ValueRay.
Apogee utilizes a multi-channel distribution strategy, reaching customers through a direct sales force, independent representatives, and glazing subcontractors. Its brand portfolio includes established names such as Viracon, Harmon, and Tubelite, which support its position in both new construction and renovation projects.
- Non-residential construction spending cycles dictate architectural segment revenue growth
- Raw material price volatility for aluminum and glass impacts operating margins
- Strategic shift toward high-margin institutional projects offsets commercial office sector weakness
- Operational efficiency improvements and cost restructuring drive enterprise-wide margin expansion
- Interest rate fluctuations influence timing and volume of large-scale building projects
| Net Income: 54.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.86 > 1.0 |
| NWC/Revenue: 12.29% < 20% (prev 11.51%; Δ 0.78% < -1%) |
| CFO/TA 0.11 > 3% & CFO 122.5m > Net Income 54.1m |
| Net Debt (301.0m) to EBITDA (163.3m): 1.84 < 3 |
| Current Ratio: 1.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (21.5m) vs 12m ago -1.56% < -2% |
| Gross Margin: 23.78% > 18% (prev 0.27%; Δ 2.35k% > 0.5%) |
| Asset Turnover: 122.3% > 50% (prev 115.8%; Δ 6.47% > 0%) |
| Interest Coverage Ratio: 8.11 > 6 (EBITDA TTM 163.3m / Interest Expense TTM 14.0m) |
| A: 0.15 (Total Current Assets 439.4m - Total Current Liabilities 266.9m) / Total Assets 1.12b |
| B: 0.34 (Retained Earnings 376.4m / Total Assets 1.12b) |
| C: 0.10 (EBIT TTM 113.3m / Avg Total Assets 1.15b) |
| D: 0.58 (Book Value of Equity 352.7m / Total Liabilities 610.6m) |
| Altman-Z'' = 3.37 = A |
| DSRI: 0.97 (Receivables 258.0m/257.4m, Revenue 1.40b/1.36b) |
| GMI: 1.13 (GM 23.78% / 26.76%) |
| AQI: 0.99 (AQ_t 0.34 / AQ_t-1 0.34) |
| SGI: 1.03 (Revenue 1.40b / 1.36b) |
| TATA: -0.06 (NI 54.1m - CFO 122.5m) / TA 1.12b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at USD 35.88 with a total of 137,978 shares traded.
Over the past week, the price has changed by +5.50%,
over one month by +1.93%,
over three months by -9.41% and
over the past year by -5.11%.
Apogee Enterprises has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy APOG.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 40.5 | 12.9% |
P/E Forward = 12.6103
P/S = 0.5365
P/B = 1.4309
P/EG = 1.0509
Revenue TTM = 1.40b USD
EBIT TTM = 113.3m USD
EBITDA TTM = 163.3m USD
Long Term Debt = 232.3m USD (from longTermDebt, last quarter)
Short Term Debt = 14.7m USD (from shortTermDebt, last quarter)
Debt = 340.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 54.1m
Net Debt = 301.0m USD (calculated: Debt 340.5m - CCE 39.5m)
Enterprise Value = 1.05b USD (753.7m + Debt 340.5m - CCE 39.5m)
Interest Coverage Ratio = 8.11 (Ebit TTM 113.3m / Interest Expense TTM 14.0m)
EV/FCF = 11.08x (Enterprise Value 1.05b / FCF TTM 95.2m)
FCF Yield = 9.02% (FCF TTM 95.2m / Enterprise Value 1.05b)
FCF Margin = 6.77% (FCF TTM 95.2m / Revenue TTM 1.40b)
Net Margin = 3.85% (Net Income TTM 54.1m / Revenue TTM 1.40b)
Gross Margin = 23.78% ((Revenue TTM 1.40b - Cost of Revenue TTM 1.07b) / Revenue TTM)
Gross Margin QoQ = 22.73% (prev 24.81%)
Tobins Q-Ratio = 0.94 (Enterprise Value 1.05b / Total Assets 1.12b)
Interest Expense / Debt = 4.10% (Interest Expense 14.0m / Debt 340.5m)
Taxrate = 27.70% (6.37m / 23.0m)
NOPAT = 81.9m (EBIT 113.3m * (1 - 27.70%))
Current Ratio = 1.65 (Total Current Assets 439.4m / Total Current Liabilities 266.9m)
Debt / Equity = 0.67 (Debt 340.5m / totalStockholderEquity, last quarter 511.8m)
Debt / EBITDA = 1.84 (Net Debt 301.0m / EBITDA 163.3m)
Debt / FCF = 3.16 (Net Debt 301.0m / FCF TTM 95.2m)
Total Stockholder Equity = 501.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.71% (Net Income 54.1m / Total Assets 1.12b)
RoE = 10.79% (Net Income TTM 54.1m / Total Stockholder Equity 501.5m)
RoCE = 15.44% (EBIT 113.3m / Capital Employed (Equity 501.5m + L.T.Debt 232.3m))
RoIC = 9.86% (NOPAT 81.9m / Invested Capital 830.7m)
WACC = 7.23% (E(753.7m)/V(1.09b) * Re(9.16%) + D(340.5m)/V(1.09b) * Rd(4.10%) * (1-Tc(0.28)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -1.14%
[DCF] Terminal Value 76.23% ; FCFF base≈92.9m ; Y1≈98.1m ; Y5≈115.0m
[DCF] Fair Price = 68.80 (EV 1.77b - Net Debt 301.0m = Equity 1.47b / Shares 21.4m; r=8.35% [WACC [floored]]; 5y FCF grow 6.24% → 2.50% )
EPS Correlation: -50.18 | EPS CAGR: -8.25% | SUE: -1.57 | # QB: -1
Revenue Correlation: -53.52 | Revenue CAGR: -1.02% | SUE: 1.57 | # QB: 1
EPS current Quarter (2026-05-31): EPS=0.41 | Chg30d=-20.39% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-08-31): EPS=0.64 | Chg30d=-14.19% | Revisions=-20% | Analysts=2
EPS current Year (2027-02-28): EPS=2.78 | Chg30d=-12.39% | Revisions=-33% | GrowthEPS=-19.9% | GrowthRev=-1.1%
EPS next Year (2028-02-29): EPS=3.57 | Chg30d=-9.51% | Revisions=-20% | GrowthEPS=+28.4% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -33%