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Trecora Resources (TREC) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Trecora Resources (TREC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Trecora Resources manufactures specialty petrochemical products and synthetic waxes. In addition, it also provides custom processing services. The majority of the company's revenue is derived from its petrochemical offerings. Trecora Resources has a market cap of $216.970 million; its shares were traded at around $8.85 with and P/S ratio of 0.81. Trecora Resources had annual average EBITDA growth of 5.70% over the past five years.


For the last quarter Trecora Resources reported a revenue of $74.7 million, compared with the revenue of $65.98 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $287.9 million, an increase of 17.5% from last year. For the last five years Trecora Resources had an average revenue growth rate of 1% a year.

The reported loss per diluted share was 10 cents for the year, compared with the earnings per share of $0.78 in the previous year. The Trecora Resources had an operating margin of 1.63%, compared with the operating margin of 7.38% a year before. The 10-year historical median operating margin of Trecora Resources is 8.14%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Trecora Resources has the cash and cash equivalents of $6.74 million, compared with $3.03 million in the previous year. The long term debt was $98.3 million, compared with $91.0 million in the previous year. The interest coverage to the debt is 1.1, which is not a favorable level. Trecora Resources has a financial strength rank of 5 (out of 10).

At the current stock price of $8.85, Trecora Resources is traded at 22.2% discount to its historical median P/S valuation band of $11.37. The P/S ratio of the stock is 0.81, while the historical median P/S ratio is 1.03. The stock lost 35.33% during the past 12 months.

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

This article first appeared on GuruFocus.