Apogee Enterprises, Inc. (APOG) vs Latham Group, Inc. (SWIM)

Apogee Enterprises, Inc. and Latham Group, Inc. are both Building Products & Equipment companies. Apogee Enterprises, Inc. and Latham Group, Inc. are of similar size ($757.7M and $732.9M). Apogee Enterprises, Inc. trades at the lower P/E: 11.5× against 125×. Latham Group, Inc. grew revenue faster over the last twelve months: 10.5% against 1.79%. Apogee Enterprises, Inc. has the higher net margin (4.88% vs 0.92%) and the higher return on invested capital (8.33% vs 2.82%). Across the 21 metrics below, Apogee Enterprises, Inc. leads on 15 and Latham Group, Inc. on 6.

Valuation

Metric APOG SWIM Building Products & Equipment median
P/E 11.52 125.00 24.54
P/S 0.56 1.27 2.00
P/B 1.52 1.78 3.02
Price to free cash flow n/m 19.83 18.49
EV/EBITDA 7.22 11.56 12.63
EV/Sales 0.72 1.68 2.14
Earnings yield 8.68% 0.80% 2.74%
Free cash flow yield (7.44%) 5.04% 3.58%

Profitability

Metric APOG SWIM Building Products & Equipment median
Gross margin 22.80% 33.38% 29.19%
Operating margin 6.88% 5.08% 6.84%
Net margin 4.88% 0.92% 4.05%
Free cash flow margin 8.91% 6.42% 8.72%
Return on equity 13.76% 1.32% 9.28%
Return on assets 6.05% 0.63% 2.88%
Return on invested capital 8.33% 2.82% 5.16%

Growth

Metric APOG SWIM Building Products & Equipment median
Revenue growth (TTM) 1.79% 10.50% 3.11%
EPS growth (last fiscal year) (35.22%) 160.00% —
Revenue growth, 5-year CAGR 2.68% 6.24% 5.37%
Net income growth, 5-year CAGR 28.52% (6.99%) 0.00%

Health

Metric APOG SWIM Building Products & Equipment median
Debt to equity 0.46 0.68 0.43
Current ratio 1.76 2.16 1.82
Net debt to EBITDA 1.43 2.50 0.98

Dividend

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

Size

Metric APOG SWIM Building Products & Equipment median
Market cap 757.73m 732.94m 1.18b

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