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Apogee Enterprises (Apogee Enterprises) Cyclically Adjusted FCF per Share : $3.08 (As of Nov. 2023)


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What is Apogee Enterprises Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Apogee Enterprises's adjusted free cash flow per share for the three months ended in Nov. 2023 was $2.487. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.08 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Apogee Enterprises's average Cyclically Adjusted FCF Growth Rate was 20.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Apogee Enterprises was 255.70% per year. The lowest was -63.20% per year. And the median was 13.85% per year.

As of today (2024-04-29), Apogee Enterprises's current stock price is $62.05. Apogee Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 was $3.08. Apogee Enterprises's Cyclically Adjusted Price-to-FCF of today is 20.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Apogee Enterprises was 61.84. The lowest was 11.01. And the median was 27.25.


Apogee Enterprises Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Apogee Enterprises's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apogee Enterprises Cyclically Adjusted FCF per Share Chart

Apogee Enterprises Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.35 1.90 2.30 2.68

Apogee Enterprises Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.56 2.68 2.78 2.93 3.08

Competitive Comparison of Apogee Enterprises's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Apogee Enterprises's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apogee Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Apogee Enterprises's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Apogee Enterprises's Cyclically Adjusted Price-to-FCF falls into.



Apogee Enterprises Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Apogee Enterprises's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=2.487/129.5481*129.5481
=2.487

Current CPI (Nov. 2023) = 129.5481.

Apogee Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.486 99.057 -0.636
201405 -0.257 100.373 -0.332
201408 0.372 100.352 0.480
201411 0.513 99.635 0.667
201502 0.888 99.032 1.162
201505 0.411 100.333 0.531
201508 1.039 100.548 1.339
201511 0.566 100.135 0.732
201602 0.946 100.040 1.225
201605 -0.630 101.355 -0.805
201608 1.045 101.617 1.332
201611 0.561 101.829 0.714
201702 0.960 102.779 1.210
201705 -0.191 103.256 -0.240
201708 0.675 103.587 0.844
201711 0.462 104.072 0.575
201802 1.641 105.052 2.024
201805 0.563 106.148 0.687
201808 0.270 106.383 0.329
201811 0.465 106.338 0.566
201902 -0.039 106.649 -0.047
201905 -0.780 108.048 -0.935
201908 0.605 108.245 0.724
201911 0.642 108.519 0.766
202002 1.633 109.139 1.938
202005 0.582 108.175 0.697
202008 2.101 109.662 2.482
202011 1.231 109.793 1.452
202102 0.470 110.968 0.549
202105 0.084 113.576 0.096
202108 1.695 115.421 1.902
202111 1.124 117.269 1.242
202202 0.218 119.703 0.236
202205 -1.571 123.323 -1.650
202208 1.065 124.958 1.104
202211 2.015 125.607 2.078
202302 1.100 126.928 1.123
202305 0.620 128.314 0.626
202308 1.533 129.538 1.533
202311 2.487 129.548 2.487

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Apogee Enterprises  (NAS:APOG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Apogee Enterprises's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=62.05/3.08
=20.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Apogee Enterprises was 61.84. The lowest was 11.01. And the median was 27.25.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Apogee Enterprises Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Apogee Enterprises's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Apogee Enterprises (Apogee Enterprises) Business Description

Industry
Traded in Other Exchanges
Address
4400 West 78th Street, Suite 520, Minneapolis, MN, USA, 55435
Apogee Enterprises Inc is a manufacturer of architectural glass and metal glass framings. The company also provides building glass installation services. Its four main business segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. Geographically, it derives a majority of revenue from the United States.
Executives
Curtis John Dobler officer: SVP & CHRO 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Jane Marie Boyce officer: President, Large Scale Optical 4400 W 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Brent C Jewell officer: Sr VP Business Dev & Strategy 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Meghan Marie Elliott officer: Vice Pres, Gen Counsel, Secy C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Matthew J Osberg officer: EVP and CFO 1 HELEN OF TROY PLAZA, EL PASO TX 79912
Gary R Johnson officer: Treasurer & Vice President
Mark Richard Augdahl officer: VP, Finance & Corp Controller 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Troy R Johnson officer: Pres, Architectural Services C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Nicholas Charles Longman officer: Pres, Architectural Glass C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Ty R Silberhorn director, officer: Chief Executive Officer & Pres 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Bernard P Aldrich director 7725 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55439
Joseph F. Puishys director, officer: Chief Executive Officer & Pres 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Maureen Ann Hayes officer: Chief Information Officer 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Nisheet Gupta officer: EVP and CFO C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435

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