内容摘要：Examining Apogee Enterprises, Inc.'s (NasdaqGS:APOG) past track record of performance is an insightf can mold cause a miscarriage

Examining Apogee Enterprises,can mold cause a miscarriage Inc.'s (

NasdaqGS:APOG

) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met or exceed expectations, which is a great indicator for future performance. Today I will assess APOG's latest performance announced on 29 February 2020 and compare these figures to its longer term trend and industry movements.

See our latest analysis for Apogee Enterprises

How APOG fared against its long-term earnings performance and its industry

APOG's trailing twelve-month earnings (from 29 February 2020) of US$62m has jumped 34% compared to the previous year.

Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of -2.4%, indicating the rate at which APOG is growing has accelerated. How has it been able to do this? Let's take a look at if it is only due to industry tailwinds, or if Apogee Enterprises has seen some company-specific growth.

NasdaqGS:APOG Income Statement May 4th 2020

In terms of returns from investment, Apogee Enterprises has fallen short of achieving a 20% return on equity (ROE), recording 12% instead. Furthermore, its return on assets (ROA) of 6.3% is below the US Building industry of 7.9%, indicating Apogee Enterprises's are utilized less efficiently. And finally, its return on capital (ROC), which also accounts for Apogee Enterprises’s debt level, has declined over the past 3 years from 20% to 8.5%. This correlates with an increase in debt holding, with debt-to-equity ratio rising from 5.4% to 42% over the past 5 years.

What does this mean?

Apogee Enterprises's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story. While Apogee Enterprises has a good historical track record with positive growth and profitability, there's no certainty that this will extrapolate into the future. You should continue to research Apogee Enterprises to get a better picture of the stock by looking at:

Future Outlook

: What are well-informed industry analysts predicting for APOG’s future growth? Take a look at our

free research report of analyst consensus

for APOG’s outlook.

Financial Health

: Are APOG’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our

financial health checks here

.

Other High-Performing Stocks

: Are there other stocks that provide better prospects with proven track records? Explore our

free list of these great stocks here

.

NB: Figures in this article are calculated using data from the trailing twelve months from 29 February 2020. This may not be consistent with full year annual report figures.

If you spot an error that warrants correction, please contact the editor at

[email protected]

. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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