U.S. markets close in 3 hours 28 minutes
  • S&P 500

    3,855.10
    -70.33 (-1.79%)
     
  • Dow 30

    31,565.25
    -396.61 (-1.24%)
     
  • Nasdaq

    13,232.31
    -365.65 (-2.69%)
     
  • Russell 2000

    2,239.09
    -45.29 (-1.98%)
     
  • Crude Oil

    63.38
    +0.16 (+0.25%)
     
  • Gold

    1,777.10
    -20.80 (-1.16%)
     
  • Silver

    27.82
    -0.11 (-0.40%)
     
  • EUR/USD

    1.2234
    +0.0066 (+0.54%)
     
  • 10-Yr Bond

    1.4560
    +0.0670 (+4.82%)
     
  • GBP/USD

    1.4081
    -0.0061 (-0.43%)
     
  • USD/JPY

    106.2530
    +0.3710 (+0.35%)
     
  • BTC-USD

    50,012.01
    +412.66 (+0.83%)
     
  • CMC Crypto 200

    1,000.58
    +5.92 (+0.59%)
     
  • FTSE 100

    6,651.96
    -7.01 (-0.11%)
     
  • Nikkei 225

    30,168.27
    +496.57 (+1.67%)
     

AK Steel Holding Corp (AKS) Files 10-K for the Fiscal Year Ended on December 31, 2018

GuruFocus.com

- By insider

AK Steel Holding Corp (AKS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. AK Steel Holding Corp is engaged in manufacturing steel products such as flat-rolled, carbon, electrical, and stainless steel as well as tubular products for the automotive, construction, appliance, and machinery end markets. AK Steel Holding Corp has a market cap of $940.290 million; its shares were traded at around $2.98 with a P/E ratio of 4.99 and P/S ratio of 0.13.


For the last quarter AK Steel Holding Corp reported a revenue of $1.7 billion, compared with the revenue of $1.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.8 billion, an increase of 12.1% from last year. For the last five years AK Steel Holding Corp had an average revenue growth rate of 2% a year.

The reported diluted earnings per share was 59 cents for the year, compared with the loss per share of $0.65 in the previous year. The AK Steel Holding Corp had an operating margin of 5.63%, compared with the operating margin of 4.54% a year before. The 10-year historical median operating margin of AK Steel Holding Corp is 1.72%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, AK Steel Holding Corp has the cash and cash equivalents of $48.6 million, compared with $38.0 million in the previous year. The long term debt was $2 billion, compared with $2.1 billion in the previous year. The interest coverage to the debt is 2.5, which is not a favorable level. AK Steel Holding Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $2.98, AK Steel Holding Corp is traded at 18.8% discount to its historical median P/S valuation band of $3.67. The P/S ratio of the stock is 0.13, while the historical median P/S ratio is 0.17. The stock lost 42.28% during the past 12 months.

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

This article first appeared on GuruFocus.