Apogee Enterprises, Inc. (APOG) vs Gibraltar Industries, Inc. (ROCK)

Apogee Enterprises, Inc. and Gibraltar Industries, Inc. are both Building Products & Equipment companies. Gibraltar Industries, Inc. is the larger, with a market value of $1.2B against $757.7M — 1.6× the size. Gibraltar Industries, Inc. has negative trailing earnings, so its P/E is not meaningful; Apogee Enterprises, Inc. trades at 11.5×. Gibraltar Industries, Inc. grew revenue faster over the last twelve months: 42.7% against 1.79%. Apogee Enterprises, Inc. has the higher net margin (4.88% vs −10.4%) and the higher return on invested capital (8.33% vs 3.28%). Across the 20 metrics below, Apogee Enterprises, Inc. leads on 14 and Gibraltar Industries, Inc. on 6.

Valuation

Metric APOG ROCK Building Products & Equipment median
P/E 11.52 n/m 24.54
P/S 0.56 0.84 2.00
P/B 1.52 1.36 3.02
Price to free cash flow n/m 28.29 18.49
EV/EBITDA 7.22 15.18 12.63
EV/Sales 0.72 1.67 2.14
Earnings yield 8.68% (12.45%) 2.74%
Free cash flow yield (7.44%) 3.53% 3.58%

Profitability

Metric APOG ROCK Building Products & Equipment median
Gross margin 22.80% 24.80% 29.19%
Operating margin 6.88% 7.61% 6.84%
Net margin 4.88% (10.43%) 4.05%
Free cash flow margin 8.91% 2.95% 8.72%
Return on equity 13.76% (15.61%) 9.28%
Return on assets 6.05% (7.06%) 2.88%
Return on invested capital 8.33% 3.28% 5.16%

Growth

Metric APOG ROCK Building Products & Equipment median
Revenue growth (TTM) 1.79% 42.68% 3.11%
EPS growth (last fiscal year) (35.22%) (133.18%) —
Revenue growth, 5-year CAGR 2.68% 1.92% 5.37%
Net income growth, 5-year CAGR 28.52% 0.00% 0.00%

Health

Metric APOG ROCK Building Products & Equipment median
Debt to equity 0.46 1.37 0.43
Current ratio 1.76 1.46 1.82
Net debt to EBITDA 1.43 (0.76) 0.98

Dividend

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

Size

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

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