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

- By insider

Interface Inc (TILE) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Interface Inc designs, produces and sells modular carpets, also known as carpet tiles. The Company markets modular carpet under brand names such as Interface and FLOR. Its geographic markets include Americas, Europe and Asia-Pacific. Interface Inc has a market cap of $1.06 billion; its shares were traded at around $17.81 with a P/E ratio of 20.96 and P/S ratio of 0.93. The dividend yield of Interface Inc stocks is 1.45%. Interface Inc had annual average EBITDA growth of 7.70% over the past ten years.


For the last quarter Interface Inc reported a revenue of $337.1 million, compared with the revenue of $266.2 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 18.4% from last year. For the last five years Interface Inc had an average revenue growth rate of 2.8% a year.

The reported diluted earnings per share was 84 cents for the year, a decline of 2.3% from the previous year. Over the last five years Interface Inc had an EPS growth rate of 8.8% a year. The Interface Inc had an operating margin of 8.22%, compared with the operating margin of 11.76% a year before. The 10-year historical median operating margin of Interface Inc is 9.42%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Interface Inc has the cash and cash equivalents of $81.0 million, compared with $87.0 million in the previous year. The long term debt was $587.3 million, compared with $214.9 million in the previous year. The interest coverage to the debt is 6.3. Interface Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $17.81, Interface Inc is traded at 20.4% discount to its historical median P/S valuation band of $22.38. The P/S ratio of the stock is 0.93, while the historical median P/S ratio is 1.13. The stock lost 25.49% during the past 12 months.

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

This article first appeared on GuruFocus.