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Apogee EnterprisesFRA:ANP -1.07%73 Return-on-Tangible-Equity is 28.08% as of May. 2026, which is 22% below its 10-year median of 36.20. GuruFocus rates FRA:ANP with a GF Score™ of 73/100 and a GF Value™ of €42.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,714 Construction companies, Apogee Enterprises ranks better than 88.39% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Apogee Enterprises's annualized net income for the quarter that ended in May. 2026 was €39 Mil. Apogee Enterprises's average shareholder tangible equity for the quarter that ended in May. 2026 was €141 Mil. Therefore, Apogee Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 28.08%.
The historical rank and industry rank for Apogee Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
FRA:ANP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.78 Med: 36.2 Max: 58.14
Current: 44.62
During the past 13 years, Apogee Enterprises's highest Return-on-Tangible-Equity was 58.14%. The lowest was 1.78%. And the median was 36.20%.
FRA:ANP's Return-on-Tangible-Equity is ranked better than 88.39% of 1714
companies
in the Construction industry
Industry Median: 8.2
vs FRA:ANP: 44.62
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Apogee Enterprises Return-on-Tangible-Equity Related Terms
Apogee Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Apogee Enterprises's Return-on-Tangible-Equity 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.
FRA:ANP vs NX, LMB, JBI: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Apogee Enterprises's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Apogee Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apogee Enterprises's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 28.08% mean?
Apogee Enterprises (FRA:ANP) has a Return-on-Tangible-Equity of 28.08% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Apogee Enterprises and its competitors. This is 22% below median its historical median of 36.20. Over the past decade, Apogee Enterprises' Return-on-Tangible-Equity has ranged from 1.78 to 58.14. According to the industry distribution chart, Apogee Enterprises ranks #199 out of 1714 companies in the Construction industry, placing it in the top 11.6%.
Is Apogee Enterprises' Return-on-Tangible-Equity too high?
Apogee Enterprises' current Return-on-Tangible-Equity of 28.08% is 22% below median its 10-year median of 36.20. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 58.14. The Construction industry median Return-on-Tangible-Equity is 8.20. Apogee Enterprises' value of 28.08% is 242.4% above this industry median. Based on the distribution chart, Apogee Enterprises ranks #199 out of 1714 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' Return-on-Tangible-Equity compare to NX and LMB?
According to the Construction industry distribution chart, Apogee Enterprises ranks #199 out of 1714 companies for Return-on-Tangible-Equity. This places Apogee Enterprises in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.20. Apogee Enterprises' value of 28.08% is 242.4% above this benchmark. Historically, Apogee Enterprises' own Return-on-Tangible-Equity has ranged from 1.78 to 58.14 over the past decade. While the company's 10-year median is 36.20 vs. the industry median of 8.20, 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 Return-on-Tangible-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,714 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apogee Enterprises's current Return-on-Tangible-Equity of 28.08% is 242.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Apogee Enterprises and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Enterprises's current Return-on-Tangible-Equity is 28.08%, which is 22% below median its own 10-year median of 36.20. 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 (FRA:ANP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.00, compared to a current price of €37.00 — trading 11.9% below its estimated fair value. The current Return-on-Tangible-Equity is 28.08%, which is 22% below median its 10-year median of 36.20 and 242.4% above the Construction industry median of 8.20. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Apogee Enterprises (FRA:ANP), the current Return-on-Tangible-Equity is 28.08% 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 (FRA:ANP) Overvalued in 2026?
Based on GuruFocus' analysis, Apogee Enterprises stock appears to be undervalued.
The current stock price of €37.00 is trading 11.9% below its estimated GF Value™ of €42.00.
GuruFocus considers Apogee Enterprises to be Modestly Undervalued.
Key valuation signals for FRA:ANP:
Return-on-Tangible-Equity: 28.08% (22% below median its 10-year median of 36.20)
GF Value™: €42.00 vs. price of €37.00 (11.9% below fair value)
Industry Position: 242.4% above the Construction median (#199 of 1714)
No single metric tells the full story. See the FRA:ANP 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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