Date of Award
Project (696 or 796 registration)
Master of Science in Accounting & Finance
Apogee, Business Valuation, Investment Decision
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.
Rietsema, Dustin S., "Apogee Enterprises, Inc.: Valuation and Investment Decision" (2019). Dissertations, Theses, and Projects. 291.