DCF Valuation
Base-case fair value
$56.11
Intrinsic $74.82 · 25% MOS
Current price: $39.89
Base-case summary
Our base-case DCF for Apogee Enterprises, Inc. (APOG) projects 10 years of free cash flow growth at 3.9% for years 1–5 and 2.0% for years 6–10, anchored to 3.9% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $95M in trailing free cash flow, this produces an intrinsic value of $74.82 per share. A 25% safety margin gives a fair value of $56.11, suggesting the stock is currently 41% undervalued against the $39.89 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$95M
Cash & equivalents
$46M
Total debt
$286M
Shares outstanding
22M