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

- By insider

CyrusOne Inc (CONE) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. CyrusOne Inc is an owner, operator and developer of enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure. CyrusOne Inc has a market cap of $5.73 billion; its shares were traded at around $52.87 with a P/E ratio of 47.16 and P/S ratio of 6.58. The dividend yield of CyrusOne Inc stocks is 3.46%.


For the last quarter CyrusOne Inc reported a revenue of $206.6 million, compared with the revenue of $175.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $821.4 million, an increase of 22.2% from last year. For the last five years CyrusOne Inc had an average revenue decline of 0% a year.

The reported diluted earnings per share was 1.1 cents for the year, an increase of -101.2% from previous year. The CyrusOne Inc had a decent operating margin of 11.53%, compared with the operating margin of 13.99% a year before. The 10-year historical median operating margin of CyrusOne Inc is 16.29%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, CyrusOne Inc has the cash and cash equivalents of $64.4 million, compared with $151.9 million in the previous year. The long term debt was $2.7 billion, compared with $2.1 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. CyrusOne Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $52.87, CyrusOne Inc is traded at 27.5% premium to its historical median P/S valuation band of $41.48. The P/S ratio of the stock is 6.58, while the historical median P/S ratio is 5.16. The stock gained 11.49% during the past 12 months.

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

This article first appeared on GuruFocus.


Advertisement