Apogee Enterprises, Inc. (APOG) vs Limbach Holdings, Inc. (LMB)

Apogee Enterprises, Inc. and Limbach Holdings, Inc. are both Building Products & Equipment companies. Apogee Enterprises, Inc. is the larger, with a market value of $757.7M against $612.1M — 1.2× the size. Apogee Enterprises, Inc. trades at the lower P/E: 11.5× against 19.9×. Limbach Holdings, Inc. grew revenue faster over the last twelve months: 23.7% against 1.79%. Apogee Enterprises, Inc. has the higher net margin (4.88% vs 4.42%) and the lower return on invested capital (8.33% vs 10.9%). Across the 21 metrics below, Apogee Enterprises, Inc. leads on 11 and Limbach Holdings, Inc. on 10.

Valuation

Metric APOG LMB Building Products & Equipment median
P/E 11.52 19.88 24.54
P/S 0.56 0.90 2.00
P/B 1.52 3.02 3.02
Price to free cash flow n/m 11.82 18.49
EV/EBITDA 7.22 10.94 12.63
EV/Sales 0.72 0.93 2.14
Earnings yield 8.68% 5.03% 2.74%
Free cash flow yield (7.44%) 8.46% 3.58%

Profitability

Metric APOG LMB Building Products & Equipment median
Gross margin 22.80% 23.58% 29.19%
Operating margin 6.88% 5.75% 6.84%
Net margin 4.88% 4.42% 4.05%
Free cash flow margin 8.91% 7.60% 8.72%
Return on equity 13.76% 16.17% 9.28%
Return on assets 6.05% 8.09% 2.88%
Return on invested capital 8.33% 10.85% 5.16%

Growth

Metric APOG LMB Building Products & Equipment median
Revenue growth (TTM) 1.79% 23.67% 3.11%
EPS growth (last fiscal year) (35.22%) 25.68% —
Revenue growth, 5-year CAGR 2.68% 2.62% 5.37%
Net income growth, 5-year CAGR 28.52% 46.41% 0.00%

Health

Metric APOG LMB Building Products & Equipment median
Debt to equity 0.46 0.20 0.43
Current ratio 1.76 1.49 1.82
Net debt to EBITDA 1.43 0.36 0.98

Dividend

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

Size

Metric APOG LMB Building Products & Equipment median
Market cap 757.73m 612.11m 1.18b

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