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.

Share

COinS