Date of Award
Fall 12-19-2019
Document Type
Project (696 or 796 registration)
Degree Name
Master of Science in Accounting & Finance
Department
Graduate Studies
Committee Chair
Eduardo Pablo
Keywords
Apogee, Business Valuation, Investment Decision
Abstract
This paper examines market and economic data to predict the current stock value of Apogee Enterprises, Inc. (APOG). The valuation basis uses the corporate valuation model to discount Apogee’ future free cash flows at the weighted average cost of capital (WACC). Furthermore, it analyzes economic conditions within the industry relative to the business model to accurately predict future free cash flows of the company. In conclusion, I present Apogee’ intrinsic price per share to be relatively similar to its market price, therefore recommending a HOLD position for the stock.
Recommended Citation
Rietsema, Dustin S., "Apogee Enterprises, Inc.: Valuation and Investment Decision" (2019). Dissertations, Theses, and Projects. 291.
https://red.mnstate.edu/thesis/291