Advanced Energy Industries Inc (AEIS) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Advanced Energy Industries Inc (AEIS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Advanced Energy Industries Inc is engaged in providing precision power-conversion measurement and control solutions which transforms power into various forms for use in manufacturing and industrial equipment and applications. Advanced Energy Industries Inc has a market cap of $1.99 billion; its shares were traded at around $51.62 with a P/E ratio of 13.88 and P/S ratio of 2.83. Advanced Energy Industries Inc had annual average EBITDA growth of 27.60% over the past five years.


For the last quarter Advanced Energy Industries Inc reported a revenue of $154.2 million, compared with the revenue of $179.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $718.9 million, an increase of 7.1% from last year. For the last five years Advanced Energy Industries Inc had an average revenue growth rate of 19.9% a year.

The reported diluted earnings per share was $3.74 for the year, an increase of 9% from previous year. The Advanced Energy Industries Inc had a decent operating margin of 24.45%, compared with the operating margin of 29.92% a year before. The 10-year historical median operating margin of Advanced Energy Industries Inc is 20.62%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Advanced Energy Industries Inc has the cash and cash equivalents of $349.3 million, compared with $407.3 million in the previous year. The company had no long term debt. The interest coverage to the debt is 1.9, which is not a favorable level. Advanced Energy Industries Inc has a financial strength rank of 10 (out of 10).

At the current stock price of $51.62, Advanced Energy Industries Inc is traded at 19.9% premium to its historical median P/S valuation band of $43.07. The P/S ratio of the stock is 2.83, while the historical median P/S ratio is 2.36. The stock lost 22.3% during the past 12 months.

For the complete 20-year historical financial data of AEIS, click here.

This article first appeared on GuruFocus.


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