Apogee Enterprises, Inc. (APOG) vs Aspen Aerogels, Inc. (ASPN)

Apogee Enterprises, Inc. and Aspen Aerogels, Inc. are both Building Products & Equipment companies. Apogee Enterprises, Inc. is the larger, with a market value of $757.7M against $440.7M — 1.7× the size. Aspen Aerogels, Inc. has negative trailing earnings, so its P/E is not meaningful; Apogee Enterprises, Inc. trades at 11.5×. Apogee Enterprises, Inc. grew revenue faster over the last twelve months: 1.79% against −49.1%. Apogee Enterprises, Inc. has the higher net margin (4.88% vs −62.5%) and the higher return on invested capital (8.33% vs −58.1%). Across the 19 metrics below, Apogee Enterprises, Inc. leads on 14 and Aspen Aerogels, Inc. on 5.

Valuation

Metric APOG ASPN Building Products & Equipment median
P/E 11.52 n/m 24.54
P/S 0.56 2.14 2.00
P/B 1.52 2.25 3.02
Price to free cash flow n/m 12.59 18.49
EV/EBITDA 7.22 n/m 12.63
EV/Sales 0.72 1.85 2.14
Earnings yield 8.68% (29.31%) 2.74%
Free cash flow yield (7.44%) 7.95% 3.58%

Profitability

Metric APOG ASPN Building Products & Equipment median
Gross margin 22.80% 2.68% 29.19%
Operating margin 6.88% (61.04%) 6.84%
Net margin 4.88% (62.45%) 4.05%
Free cash flow margin 8.91% 17.01% 8.72%
Return on equity 13.76% (50.36%) 9.28%
Return on assets 6.05% (27.49%) 2.88%
Return on invested capital 8.33% (58.13%) 5.16%

Growth

Metric APOG ASPN Building Products & Equipment median
Revenue growth (TTM) 1.79% (49.12%) 3.11%
EPS growth (last fiscal year) (35.22%) (2,882.35%) —
Revenue growth, 5-year CAGR 2.68% 22.01% 5.37%
Net income growth, 5-year CAGR 28.52% 0.00% 0.00%

Health

Metric APOG ASPN Building Products & Equipment median
Debt to equity 0.46 0.49 0.43
Current ratio 1.76 2.52 1.82
Net debt to EBITDA 1.43 0.16 0.98

Dividend

Metric APOG ASPN Building Products & Equipment median
Dividend yield 1.79% — 1.20%
Payout ratio 0.21 0.00 0.04

Size

Metric APOG ASPN Building Products & Equipment median
Market cap 757.73m 440.67m 1.18b

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