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GAMCO Investors Inc (GBL) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

GAMCO Investors Inc (GBL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. GAMCO Investors Inc provides asset-management services for individual and institutional investors. Through its subsidiaries, it manages separate accounts; Gabelli Funds, and Gabelli Securities. The company's product mix is more inclined towards equities. GAMCO Investors Inc has a market cap of $572.030 million; its shares were traded at around $19.68 with a P/E ratio of 4.84 and P/S ratio of 1.62. The dividend yield of GAMCO Investors Inc stocks is 0.41%. GAMCO Investors Inc had annual average EBITDA growth of 7.30% over the past ten years.


For the last quarter GAMCO Investors Inc reported a revenue of $81.0 million, compared with the revenue of $98.67 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $341.5 million, a decrease of 5.3% from the previous year. For the last five years GAMCO Investors Inc had an average revenue decline of 3% a year.

The reported diluted earnings per share was $4.07 for the year, an increase of 56.5% from previous year. Over the last five years GAMCO Investors Inc had an average EPS decline of 5.2% a year. The GAMCO Investors Inc enjoyed an operating margin of 54.7%, compared with the operating margin of 40.22% a year before. The 10-year historical median operating margin of GAMCO Investors Inc is 36.77%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, GAMCO Investors Inc has the cash and cash equivalents of $41.2 million, compared with $17.8 million in the previous year. The long term debt was $24.2 million, compared with $79.1 million in the previous year. The interest coverage to the debt is at a comfortable level of 53. GAMCO Investors Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $19.68, GAMCO Investors Inc is traded at 34% discount to its historical median P/S valuation band of $29.80. The P/S ratio of the stock is 1.62, while the historical median P/S ratio is 2.43. The stock lost 27.86% during the past 12 months.

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

This article first appeared on GuruFocus.