U.S. Markets closed

BorgWarner Inc (BWA) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

BorgWarner Inc (BWA) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. BorgWarner Inc is a supplier of auto parts. Its products comprise technologies for combustion, hybrid and electric vehicles. The company operates in two business segments that are Engine and Drivetrain. The Engine segment generates maximum revenue. BorgWarner Inc has a market cap of $8.69 billion; its shares were traded at around $41.71 with a P/E ratio of 9.38 and P/S ratio of 0.83. The dividend yield of BorgWarner Inc stocks is 1.63%. BorgWarner Inc had annual average EBITDA growth of 17.80% over the past ten years. GuruFocus rated BorgWarner Inc the business predictability rank of 3.5-star.


For the last quarter BorgWarner Inc reported a revenue of $2.6 billion, compared with the revenue of $2.6 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $10.5 billion, an increase of 7.5% from last year. For the last five years BorgWarner Inc had an average revenue growth rate of 7% a year.

The reported diluted earnings per share was $4.44 for the year, an increase of 113.5% from previous year. Over the last five years BorgWarner Inc had an EPS growth rate of 4.7% a year. The BorgWarner Inc had a decent operating margin of 11.39%, compared with the operating margin of 12.47% a year before. The 10-year historical median operating margin of BorgWarner Inc is 11.88%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, BorgWarner Inc has the cash and cash equivalents of $739.4 million, compared with $545.3 million in the previous year. The long term debt was $1.9 billion, compared with $2.1 billion in the previous year. The interest coverage to the debt is at a comfortable level of 20.4. BorgWarner Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $41.71, BorgWarner Inc is traded at 26.6% discount to its historical median P/S valuation band of $56.79. The P/S ratio of the stock is 0.83, while the historical median P/S ratio is 1.13. The intrinsic value of the stock is $47.62 a share, according to GuruFocus DCF Calculator. The stock lost 19.12% during the past 12 months.

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

This article first appeared on GuruFocus.