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Stein Mart Inc (SMRT) Files 10-K for the Fiscal Year Ended on January 31, 2019

- By insider

Stein Mart Inc (SMRT) files its latest 10-K with SEC for the fiscal year ended on January 31, 2019. Stein Mart Inc operates several hundred department stores in the United States. It is engaged in providing fashion merchandise, service and presentation of a department or specialty store at prices competitive with off-price retail chains. Stein Mart Inc has a market cap of $48.350 million; its shares were traded at around $1.01 with and P/S ratio of 0.04.

For the last quarter Stein Mart Inc reported a revenue of $344.5 million, compared with the revenue of $374.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.3 billion, a decrease of 3.5% from the previous year. For the last five years Stein Mart Inc had an average revenue growth rate of 0.1% a year.

The reported loss per diluted share was 13 cents for the year, an increase of -75% from previous year. The Stein Mart Inc had an operating margin of 0.38%, compared with the operating margin of -2.37% a year before. The 10-year historical median operating margin of Stein Mart Inc is 2.14%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Stein Mart Inc has the cash and cash equivalents of $9.05 million, compared with $10.4 million in the previous year. The long term debt was $153.3 million, compared with $142.4 million in the previous year. Stein Mart Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $1.01, Stein Mart Inc is traded at 86.2% discount to its historical median P/S valuation band of $7.33. The P/S ratio of the stock is 0.04, while the historical median P/S ratio is 0.27. The stock lost 25.19% during the past 12 months.

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

This article first appeared on GuruFocus.