Albemarle Corp (ALB) Files 10-K for the Fiscal Year Ended on December 31, 2018
- By insider
Albemarle Corp (ALB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Albemarle Corp is a developer, manufacturer and marketer of engineered specialty chemicals. It provides services to end markets including petroleum refining, consumer electronics, construction, automotive, lubricants and pharmaceuticals. Albemarle Corp has a market cap of $9.8 billion; its shares were traded at around $92.28 with a P/E ratio of 14.60 and P/S ratio of 3.07. The dividend yield of Albemarle Corp stocks is 1.43%. Albemarle Corp had annual average EBITDA growth of 6.50% over the past ten years.
Warning! GuruFocus has detected 2 Warning Signs with ALB. Click here to check it out.
The intrinsic value of ALB
For the last quarter Albemarle Corp reported a revenue of $921.7 million, compared with the revenue of $857.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.4 billion, an increase of 9.9% from last year. For the last five years Albemarle Corp had an average revenue growth rate of 4.8% a year.
The reported diluted earnings per share was $6.34 for the year, an increase of 1193.9% from previous year. Over the last five years Albemarle Corp had an average EPS decline of 5% a year. The Albemarle Corp enjoyed an operating margin of 20.77%, compared with the operating margin of 19.13% a year before. The 10-year historical median operating margin of Albemarle Corp is 18.36%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Albemarle Corp has the cash and cash equivalents of $555.3 million, compared with $1.1 billion in the previous year. The long term debt was $1.4 billion, compared with $1.4 billion in the previous year. The interest coverage to the debt is at a comfortable level of 13.4. Albemarle Corp has a financial strength rank of 6 (out of 10).
At the current stock price of $92.28, Albemarle Corp is traded at 54.4% premium to its historical median P/S valuation band of $59.78. The P/S ratio of the stock is 3.07, while the historical median P/S ratio is 2.00. The stock lost 16.13% during the past 12 months.
For the complete 20-year historical financial data of ALB, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 2 Warning Signs with ALB. Click here to check it out.
The intrinsic value of ALB
