TrueBlue Inc (TBI) Files 10-K for the Fiscal Year Ended on December 31, 2018

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TrueBlue Inc (TBI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. TrueBlue Inc is a provider of staffing and workforce-management solutions. It services are blue-collar staffing services including general labor, light industrial, skilled trades, aviation and transportation mechanics and technicians and drivers. TrueBlue Inc has a market cap of $958.290 million; its shares were traded at around $23.67 with a P/E ratio of 14.47 and P/S ratio of 0.38. TrueBlue Inc had annual average EBITDA growth of 14.10% over the past ten years. GuruFocus rated TrueBlue Inc the business predictability rank of 2-star.


For the last quarter TrueBlue Inc reported a revenue of $650.1 million, compared with the revenue of $669.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.5 billion, a decrease of 0.4% from the previous year. For the last five years TrueBlue Inc had an average revenue growth rate of 7.3% a year.

The reported diluted earnings per share was $1.63 for the year. The TrueBlue Inc had an operating margin of 2.96%, compared with the operating margin of 3.09% a year before. The 10-year historical median operating margin of TrueBlue Inc is 3.36%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, TrueBlue Inc has the cash and cash equivalents of $47.0 million, compared with $28.8 million in the previous year. The long term debt was $80.0 million, compared with $116.5 million in the previous year. The interest coverage to the debt is 10. TrueBlue Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $23.67, TrueBlue Inc is traded at 15.3% discount to its historical median P/S valuation band of $27.93. The P/S ratio of the stock is 0.38, while the historical median P/S ratio is 0.45. The intrinsic value of the stock is $17.55 a share, according to GuruFocus DCF Calculator. The stock lost 17.86% during the past 12 months.

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

This article first appeared on GuruFocus.


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