Circor International Inc (CIR) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Circor International Inc (CIR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Circor International Inc designs, manufactures and markets engineered products and sub-systems used in the Oil & Gas, power generation, aerospace, defense, and other industrial markets. Its segments are CIRCOR Energy & CIRCOR Aerospace & Defense. Circor International Inc has a market cap of $667.338 million; its shares were traded at around $33.63 with and P/S ratio of 0.57.


For the last quarter Circor International Inc reported a revenue of $301.4 million, compared with the revenue of $205.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.2 billion, an increase of 77.7% from last year. For the last five years Circor International Inc had an average revenue growth rate of 2.2% a year.

The reported loss per diluted share was $1.99 for the year, compared with the earnings per share of $0.61 in the previous year. The Circor International Inc had an operating margin of 2.83%, compared with the operating margin of 5.23% a year before. The 10-year historical median operating margin of Circor International Inc is 6.75%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Circor International Inc has the cash and cash equivalents of $68.5 million, compared with $110.4 million in the previous year. The long term debt was $778.2 million, compared with $787.3 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Circor International Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $33.63, Circor International Inc is traded at 44.8% discount to its historical median P/S valuation band of $60.93. The P/S ratio of the stock is 0.57, while the historical median P/S ratio is 1.03. The stock lost 21.94% during the past 12 months.

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

This article first appeared on GuruFocus.


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