Steelcase Inc (SCS) Files 10-K for the Fiscal Year Ended on February 28, 2019
- By insider
Steelcase Inc (SCS) files its latest 10-K with SEC for the fiscal year ended on February 28, 2019. Steelcase Inc is an international furniture company based in the United States. The firm markets furniture for office, healthcare, and education industry under brands such as Steelcase, Coalesse, Designtex, PolyVision, and Turnstone. Steelcase Inc has a market cap of $1.86 billion; its shares were traded at around $15.91 with a P/E ratio of 15.29 and P/S ratio of 0.54. The dividend yield of Steelcase Inc stocks is 3.46%. Steelcase Inc had annual average EBITDA growth of 15.70% over the past ten years. GuruFocus rated Steelcase Inc the business predictability rank of 3-star.
Warning! GuruFocus has detected 2 Warning Signs with SCS. Click here to check it out.
The intrinsic value of SCS
For the last quarter Steelcase Inc reported a revenue of $912.4 million, compared with the revenue of $772.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.4 billion, an increase of 12.7% from last year. For the last five years Steelcase Inc had an average revenue growth rate of 2% a year.
The reported diluted earnings per share was $1.05 for the year, an increase of 54.4% from previous year. Over the last five years Steelcase Inc had an EPS growth rate of 5.3% a year. The Steelcase Inc had an operating margin of 5.33%, compared with the operating margin of 5.11% a year before. The 10-year historical median operating margin of Steelcase Inc is 5.35%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, Steelcase Inc has the cash and cash equivalents of $261.3 million, compared with $283.1 million in the previous year. The long term debt was $482.9 million, compared with $292.2 million in the previous year. The interest coverage to the debt is 4.9. Steelcase Inc has a financial strength rank of 6 (out of 10).
At the current stock price of $15.91, Steelcase Inc is traded at close to its historical median P/S valuation band of $16.11. The P/S ratio of the stock is 0.54, while the historical median P/S ratio is 0.55. The intrinsic value of the stock is $11.24 a share, according to GuruFocus DCF Calculator. The stock gained 17.28% during the past 12 months.
For the complete 20-year historical financial data of SCS, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 2 Warning Signs with SCS. Click here to check it out.
The intrinsic value of SCS
