Aceto Corporation

Aceto Corporation is a value added distributor transforming toward pharmaceuticals. Founded in 1947, is an international marketing, sales and distribution company organized into three business segments. Human Health:Finished Dosage Form Generics and Nutritionals. This includes Rising Pharmaceuticals, our generic branded pharmaceutical subsidiary (www.risingpharma.com). Pharmaceutical Ingredients: Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (APIs). Performance Chemicals: Specialty Chemicals and Agricultural Protection Products. What makes Aceto unique? Aceto functions as a virtual manufacturing company, distributing more than 1,100 chemical compounds used principally as raw materials or finished products. With business operations in nine countries, Aceto’s global reach is distinctive in the industry, enabling the Company to source and supply quality products on a worldwide basis. Leveraging local professionals, Aceto sources more than two-thirds of its products from Asia, buying from approximately 500 companies in China and 200 in India. Global Technical Network – A strong global technical network differentiates Aceto from commodity distribution companies. With regional managers in the United States, Europe and Asia, Aceto provides regulatory support and quality assurance for customers and suppliers worldwide. Aceto’s regulatory network ensures that the product quality is manufactured to applicable required standards and conforms to customer specifications for its intended end use. Experienced Staff – Highly experienced staff, one-third of whom are technically trained, enable Aceto to meet individual customer needs. Our marketing, sales, regulatory and technical professionals possess an intimate knowledge of worldwide sources of supply and product applications, as well as statutory and technical requirements.
Type
Public
HQ
Port Washington, US
Founded
1947
Size (employees)
270 (est)
Website
aceto.com
Aceto Corporation was founded in 1947 and is headquartered in Port Washington, US

Aceto Corporation Office Locations

Aceto Corporation has an office in Port Washington
Port Washington, US (HQ)
4 Tri Harbor Ct

Aceto Corporation Metrics

Aceto Corporation Financial Metrics

Aceto Corporation's revenue was reported to be $558.5 m in 2016 which is a 2% increase from the previous period.

Revenue (Y, 2016)

$558.5 m

Revenue growth (Y, 2015 - Y, 2016), %

2%

Gross profit (Y, 2016)

$142.8 m

Gross profit margin (Y, 2016), %

26%

Net income (Y, 2016)

$34.8 m

EBIT (Y, 2016)

$58 m

Market capitalization (22-May-2017)

$444.9 m

Closing share price (22-May-2017)

$14.3

Cash (30-Jun-2016)

$66.8 m

EV

$496.8 m
Aceto Corporation's current market capitalization is $444.9 m.
Y, 2014Y, 2015Y, 2016

Revenue

$510.2 m$547 m$558.5 m

Revenue growth, %

7%2%

Cost of goods sold

$411.5 m$415.7 m

Gross profit

$135.4 m$142.8 m

Gross profit Margin, %

25%26%

EBIT

$56.3 m$58 m

EBIT margin, %

10%10%

Interest income

$1.5 m$2.8 m

Pre tax profit

$53.9 m$53.9 m

Net Income

$29 m$33.5 m$34.8 m
FY, 2014FY, 2015FY, 2016

Cash

$42.9 m$34 m$66.8 m

Accounts Receivable

$5.3 m$10.6 m$12.7 m

Inventories

$3.6 m$3.1 m$3.3 m

Current Assets

$276.4 m$310.3 m$352.7 m

PP&E

$11.6 m$10.5 m$10 m

Goodwill

$66.5 m$67.9 m$67.9 m

Total Assets

$468 m$489.8 m$540.8 m

Accounts Payable

$48.7 m$55 m$46 m

Total Debt

$105.5 m$110.2 m$118.8 m

Current Liabilities

$118.5 m$125 m$98.9 m

Additional Paid-in Capital

$87.2 m$93.8 m$115.7 m

Retained Earnings

$140.8 m$167.2 m$194.8 m

Total Equity

$233.6 m$254.2 m$304.4 m

Debt to Equity Ratio

0.5 x0.4 x0.4 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

2 x1.9 x1.8 x
FY, 2014FY, 2015FY, 2016

Net Income

$29 m$33.5 m$34.8 m

Depreciation and Amortization

$8.1 m$11.8 m$12.7 m

Accounts Receivable

$1.4 m($5.6 m)$136 k

Inventories

($232 k)$304 k($243 k)

Accounts Payable

$5.2 m$8.1 m($8.9 m)

Cash From Operating Activities

$25.1 m$8.3 m$31.8 m

Cash From Investing Activities

($86.6 m)($4.9 m)($9.9 m)

Cash From Financing Activities

$70.5 m($8.2 m)$10.9 m
Y, 2016

EV/EBIT

8.6 x

EV/CFO

15.6 x

Revenue/Employee

$2.1 m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x

Aceto Corporation Market Value History

Aceto Corporation Company Life

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