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RCM Technologies Inc (RCMT) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

RCM Technologies Inc (RCMT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. RCM Technologies Inc is a provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced engineering and information technology services. RCM Technologies Inc has a market cap of $47.590 million; its shares were traded at around $3.74 with a P/E ratio of 16.27 and P/S ratio of 0.24.


For the last quarter RCM Technologies Inc reported a revenue of $55.3 million, compared with the revenue of $51.06 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $200.4 million, an increase of 7.3% from last year. For the last five years RCM Technologies Inc had an average revenue growth rate of 1.8% a year.

The reported diluted earnings per share was 22 cents for the year, an increase of 29.4% from previous year. Over the last five years RCM Technologies Inc had an average EPS decline of 8.4% a year. The RCM Technologies Inc had an operating margin of 3.49%, compared with the operating margin of 3.21% a year before. The 10-year historical median operating margin of RCM Technologies Inc is 3.91%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, RCM Technologies Inc has the cash and cash equivalents of $0.48 million, compared with $2.85 million in the previous year. The company had no long term debt, compared with $27.3 million in the previous year. The interest coverage to the debt is at a comfortable level of 53. RCM Technologies Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $3.74, RCM Technologies Inc is traded at 39.3% discount to its historical median P/S valuation band of $6.16. The P/S ratio of the stock is 0.24, while the historical median P/S ratio is 0.38. The stock lost 37.44% during the past 12 months.

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

This article first appeared on GuruFocus.