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Apogee EnterprisesAPOG -0.05%73 Forward Rate of Return (Yacktman) % is 30.71% as of May. 2026, which is 46% above its 10-year median of 21.02. GuruFocus rates APOG with a GF Score™ of 73/100 and a GF Value™ of $48.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,297 Construction companies, Apogee Enterprises ranks better than 92.14% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Apogee Enterprises's forward rate of return for was 30.71%.
The historical rank and industry rank for Apogee Enterprises's Forward Rate of Return (Yacktman) % or its related term are showing as below:
APOG'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -12.76 Med: 21.02 Max: 33.21
Current: 29.65
During the past 13 years, Apogee Enterprises's highest Forward Rate of Return was 33.21. The lowest was -12.76. And the median was 21.02.
APOG's Forward Rate of Return (Yacktman) % is ranked better than 92.14% of 1297
companies
in the Construction industry
Industry Median: 8.64
vs APOG: 29.65
Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Apogee Enterprises (NAS:APOG) Forward Rate of Return (Yacktman) % Explanation
Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.
Be Aware
In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.
Apogee Enterprises Forward Rate of Return (Yacktman) % Related Terms
Apogee Enterprises Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Apogee Enterprises's Forward Rate of Return (Yacktman) % 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.
Apogee Enterprises Forward Rate of Return (Yacktman) % Chart
APOG vs NX, LMB, JBI: Forward Rate of Return (Yacktman) % Comparison
For the Building Products & Equipment subindustry, Apogee Enterprises's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % 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 Forward Rate of Return (Yacktman) % vs Construction Industry
For the Construction industry and Industrials sector, Apogee Enterprises's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Apogee Enterprises's Forward Rate of Return (Yacktman) % falls into.
Apogee Enterprises Forward Rate of Return (Yacktman) % Calculation
Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):
If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.
The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).
* 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.
What does a Forward Rate of Return (Yacktman) % of 30.71% mean?
Apogee Enterprises (APOG) has a Forward Rate of Return (Yacktman) % of 30.71% as of May. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Apogee Enterprises and its competitors. This is 46% above median its historical median of 21.02. According to the industry distribution chart, Apogee Enterprises ranks #102 out of 1297 companies in the Construction industry, placing it in the top 7.9%.
Is Apogee Enterprises' Forward Rate of Return (Yacktman) % too high?
Apogee Enterprises' current Forward Rate of Return (Yacktman) % of 30.71% is 46% above median its 10-year median of 21.02. The Construction industry median Forward Rate of Return (Yacktman) % is 8.64. Apogee Enterprises' value of 30.71% is 255.4% above this industry median. Based on the distribution chart, Apogee Enterprises ranks #102 out of 1297 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Apogee Enterprises has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Enterprises' Forward Rate of Return (Yacktman) % compare to NX and LMB?
According to the Construction industry distribution chart, Apogee Enterprises ranks #102 out of 1297 companies for Forward Rate of Return (Yacktman) %. This places Apogee Enterprises in the top 8% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 8.64. Apogee Enterprises' value of 30.71% is 255.4% above this benchmark. While the company's 10-year median is 21.02 vs. the industry median of 8.64, Apogee Enterprises has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for a Construction company?
The median Forward Rate of Return (Yacktman) % among Construction companies is 8.64, based on 1,297 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apogee Enterprises's current Forward Rate of Return (Yacktman) % of 30.71% is 255.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Apogee Enterprises and its competitors. For the Construction industry, the median Forward Rate of Return (Yacktman) % is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Enterprises's current Forward Rate of Return (Yacktman) % is 30.71%, which is 46% above median its own 10-year median of 21.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Apogee Enterprises (APOG) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.78, compared to a current price of $42.63 — trading 12.6% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 30.71%, which is 46% above median its 10-year median of 21.02 and 255.4% above the Construction industry median of 8.64. Apogee Enterprises' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Apogee Enterprises (APOG), the current Forward Rate of Return (Yacktman) % is 30.71% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apogee Enterprises (APOG) Overvalued in 2026?
Based on GuruFocus' analysis, Apogee Enterprises stock appears to be undervalued.
The current stock price of $42.63 is trading 12.6% below its estimated GF Value™ of $48.78.
GuruFocus considers Apogee Enterprises to be Modestly Undervalued.
Key valuation signals for APOG:
Forward Rate of Return (Yacktman) %: 30.71% (46% above median its 10-year median of 21.02)
GF Value™: $48.78 vs. price of $42.63 (12.6% below fair value)
Industry Position: 255.4% above the Construction median (#102 of 1297)
No single metric tells the full story. See the APOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apogee Enterprises Inc is a provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. The company's operating segment consists of the Architectural Metals Segment, Architectural Services Segment, Architectural Glass Segment, and Performance Surfaces Segment. The company generates the majority of its revenue from the Architectural Metals Segment, which designs, engineers, fabricates, and finishes aluminum window, curtainwall, storefront, and entrance systems used principally in non-residential construction. The company geographically operates in the United States, Canada, and Brazil, with the majority revenue generated from the United States.
73GF Score
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Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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