Ingredion Inc (INGR) Files 10-K for the Fiscal Year Ended on December 31, 2018
- By insider
Ingredion Inc (INGR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Ingredion Inc is a major supplier of high-quality food and industrial ingredients to customers around the world. The ingredients are used by customers in the food, beverage, animal feed, paper and corrugating, and brewing industries, among others. Ingredion Inc has a market cap of $6.19 billion; its shares were traded at around $93.07 with a P/E ratio of 15.14 and P/S ratio of 1.07. The dividend yield of Ingredion Inc stocks is 2.64%. Ingredion Inc had annual average EBITDA growth of 10.30% over the past ten years. GuruFocus rated Ingredion Inc the business predictability rank of 1-star.
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The intrinsic value of INGR
For the last quarter Ingredion Inc reported a revenue of $1.5 billion, compared with the revenue of $1.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.3 billion, an increase of 1.8% from last year. For the last five years Ingredion Inc had an average revenue decline of 0.5% a year.
The reported diluted earnings per share was $6.17 for the year, a decline of 12.6% from the previous year. Over the last five years Ingredion Inc had an EPS growth rate of 7% a year. The Ingredion Inc had a decent operating margin of 12.2%, compared with the operating margin of 14.24% a year before. The 10-year historical median operating margin of Ingredion Inc is 10.13%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, Ingredion Inc has the cash and cash equivalents of $327.0 million, compared with $595.0 million in the previous year. The long term debt was $1.9 billion, compared with $1.7 billion in the previous year. The interest coverage to the debt is at a comfortable level of 26.1. Ingredion Inc has a financial strength rank of 6 (out of 10).
At the current stock price of $93.07, Ingredion Inc is traded at 29.6% premium to its historical median P/S valuation band of $71.79. The P/S ratio of the stock is 1.07, while the historical median P/S ratio is 0.82. The intrinsic value of the stock is $134.41 a share, according to GuruFocus DCF Calculator. The stock lost 24.93% during the past 12 months.
For the complete 20-year historical financial data of INGR, click here.
This article first appeared on GuruFocus.
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The intrinsic value of INGR
