Rexnord Corp (RXN) Files 10-K for the Fiscal Year Ended on March 31, 2019
- By insider
Rexnord Corp (RXN) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Rexnord Corporation is a multi-platform industrial company comprised of two strategic platforms: Process & Motion Control and Water Management. It offers products to improve water quality, safety, flow control and conservation. Rexnord Corp has a market cap of $2.91 billion; its shares were traded at around $27.77 with a P/E ratio of 308.56 and P/S ratio of 1.61. Rexnord Corp had annual average EBITDA growth of 17.50% over the past ten years.
Warning! GuruFocus has detected 3 Warning Sign with RXN. Click here to check it out.
The intrinsic value of RXN
For the last quarter Rexnord Corp reported a revenue of $537.5 million, compared with the revenue of $732.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.1 billion, a decrease of 0.7% from the previous year. For the last five years Rexnord Corp had an average revenue growth rate of 0.2% a year.
The reported diluted earnings per share was 10 cents for the year, a decline of 80% from the previous year. Over the last five years Rexnord Corp had an average EPS decline of 18% a year. The Rexnord Corp had a decent operating margin of 15.49%, compared with the operating margin of 13.41% a year before. The 10-year historical median operating margin of Rexnord Corp is 12.97%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, Rexnord Corp has the cash and cash equivalents of $292.5 million, compared with $217.6 million in the previous year. The long term debt was $1.2 billion, compared with $1.4 billion in the previous year. The interest coverage to the debt is 4.5. Rexnord Corp has a financial strength rank of 5 (out of 10).
At the current stock price of $27.77, Rexnord Corp is traded at 28.7% premium to its historical median P/S valuation band of $21.58. The P/S ratio of the stock is 1.61, while the historical median P/S ratio is 1.25. The stock lost 5.21% during the past 12 months.
CEO Recent Trades:
President & CEO Todd A. Adams sold 30,000 shares of RXN stock on 04/22/2019 at the average price of $28. The price of the stock has decreased by 0.82% since.
For the complete 20-year historical financial data of RXN, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Sign with RXN. Click here to check it out.
The intrinsic value of RXN
