Ferro Financials

$348.6 M

Revenue Q2, 2017

$2 B

Mkt cap, 22-Dec-2017
Gross profit (Q2, 2017)108.3 M
Gross profit margin (Q2, 2017), %31%
Net income (Q2, 2017)21.2 M
Cash, 30-Jun-201778.9 M

Financials

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.6 b1.1 b1.1 b1.1 b

Revenue growth, %

(32%)(3%)7%

Cost of goods sold

1.3 b826.5 m773.7 m794.1 m

Gross profit

329.7 m285.1 m301.7 m351.2 m

Gross profit Margin, %

20%26%28%31%

General and administrative expense

241.7 m

Operating expense total

241.7 m

Interest expense

27.3 m16.3 m15.2 m21.5 m

Pre tax profit

95.7 m(42.8 m)54.8 m62.4 m

Income tax expense

14.9 m(34.2 m)(45.1 m)17.9 m

Net Income

72.4 m86.2 m63.1 m(19.9 m)

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

408.1 m391.7 m294.2 m275.8 m262.8 m268.2 m279.4 m277.5 m298 m288.5 m320.6 m348.6 m

Cost of goods sold

323.9 m302.3 m215.8 m203 m192.1 m190.6 m202.3 m193.2 m199.6 m199.5 m221.8 m240.3 m

Gross profit

84.2 m89.5 m78.5 m72.8 m70.6 m77.6 m77 m84.2 m98.4 m89 m98.8 m108.3 m

Gross profit Margin, %

21%23%27%26%27%29%28%30%33%31%31%31%

General and administrative expense

59.1 m57.6 m49.3 m51.7 m49.5 m52.7 m48.4 m52.6 m57.9 m55.6 m59 m62.5 m

Operating expense total

59.1 m57.6 m49.3 m51.7 m49.5 m52.7 m48.4 m52.6 m57.9 m55.6 m59 m62.5 m

Interest expense

6.8 m5.9 m4.7 m3.6 m3.2 m3.1 m3.9 m4.8 m5.4 m5.3 m6.2 m6.4 m

Pre tax profit

13.5 m19.5 m19.1 m2.1 m15.4 m18.1 m19.3 m27.8 m33.3 m26.7 m29.3 m29.9 m

Income tax expense

474 k2.7 m5.2 m4.7 m2.5 m5.7 m3.8 m8 m8.5 m6.2 m7.1 m8.7 m

Net Income

13 m16.7 m10.4 m47.6 m9 m6.8 m(3.6 m)(9.7 m)19.1 m(8.7 m)22.1 m21.2 m

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

28.3 m140.5 m58.4 m45.6 m

Accounts Receivable

287.9 m236.7 m232 m259.7 m

Inventories

190.2 m158.4 m184.9 m229.8 m

Current Assets

555.4 m613.8 m553.3 m582 m

PP&E

297.1 m212.6 m260.4 m262 m

Goodwill

63.5 m93.7 m145.7 m148.3 m

Total Assets

1 b1.1 b1.2 b1.3 b

Accounts Payable

153.9 m129.2 m120.4 m127.7 m

Current Liabilities

313.7 m236.8 m218.2 m246 m

Total Liabilities

1 b

Additional Paid-in Capital

318.1 m317.4 m314.9 m306.6 m

Retained Earnings

(14.7 m)71.4 m135.5 m114.7 m

Total Equity

273.8 m336 m324.3 m255 m

Financial Leverage

3.7 x3.3 x3.8 x5 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

35.9 m41.1 m50.2 m95.3 m105.2 m211.4 m69.5 m55.9 m49.4 m40.6 m92.8 m78.9 m

Accounts Receivable

331.8 m318.8 m263.6 m229.9 m231.5 m242.5 m252.1 m261.4 m278.9 m282.8 m289.5 m330.5 m

Inventories

195.6 m210.8 m160.1 m157.8 m153.3 m158 m193.1 m195.4 m207.3 m211.3 m250.6 m272.2 m

Current Assets

618.3 m613 m641.5 m619.4 m557.2 m677.2 m591.7 m588.5 m601.8 m579 m681.4 m736.2 m

PP&E

299.6 m294 m212.8 m201.8 m193.1 m194.5 m258.9 m258.8 m252.5 m249.5 m258 m274 m

Goodwill

63.2 m63.5 m63.6 m62.4 m91.6 m93 m126.9 m150.6 m141.2 m142.9 m148.2 m157.8 m

Total Assets

1.1 b1.1 b1.1 b1 b1 b1.2 b1.2 b1.2 b1.3 b1.2 b1.4 b1.5 b

Accounts Payable

183 m193.7 m149.2 m134.9 m126 m125.8 m130.1 m130.4 m129.9 m123.3 m139.9 m158.7 m

Current Liabilities

354.3 m332 m291 m274.5 m201.9 m212.9 m236.6 m233.4 m233.8 m226.5 m256.8 m287.4 m

Total Liabilities

852.7 m769.3 m769.4 m693.7 m708 m826.4 m882.5 m943.2 m933.8 m916.8 m1.1 b1.2 b

Additional Paid-in Capital

320.2 m315.2 m315.5 m316.1 m311.9 m314.1 m314.6 m306.8 m307.1 m304.8 m303.3 m303.8 m

Retained Earnings

(75.2 m)2.5 m12.5 m60 m82.4 m89 m84.9 m125.5 m144.5 m135.6 m136.6 m157.6 m

Total Equity

216.7 m292.9 m304.9 m341.1 m309.3 m328.1 m312.2 m303.5 m320.9 m316.2 m286.3 m322.9 m

Financial Leverage

4.9 x3.6 x3.5 x3 x3.3 x3.5 x3.8 x4.1 x3.9 x3.9 x4.8 x4.6 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

72.4 m86.2 m63.1 m(19.9 m)

Depreciation and Amortization

50 m38.5 m41.1 m46.8 m

Accounts Receivable

16.2 m20.2 m(21.9 m)

Inventories

18.1 m(13 m)6.6 m(10.3 m)

Accounts Payable

(28 m)5.9 m(14.6 m)1.2 m

Cash From Operating Activities

18.5 m60.5 m51.2 m62.6 m

Cash From Investing Activities

17.2 m75.2 m(244.6 m)(150.8 m)

Cash From Financing Activities

(36.7 m)(18.1 m)119.7 m82 m

Interest Paid

26.8 m28.5 m16.2 m17.5 m

Income Taxes Paid

5.8 m9.4 m21.4 m19.7 m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

13 m16.7 m10.4 m47.6 m9 m6.8 m(3.6 m)(9.7 m)19.1 m(8.7 m)22.1 m

Accounts Receivable

242.5 m252.1 m261.4 m278.9 m282.8 m289.5 m

Inventories

158 m193.1 m195.4 m207.3 m211.3 m250.6 m

Accounts Payable

125.8 m130.1 m130.4 m129.9 m123.3 m139.9 m

Cash From Operating Activities

3.9 m31.5 m(10.2 m)(2 m)6.7 m1.6 m14.7 m

Cash From Investing Activities

(31.9 m)(203.1 m)(11.7 m)(17.1 m)(26 m)(6.8 m)(31.5 m)

Cash From Financing Activities

102.4 m107.4 m19.2 m10.8 m1.9 m51.9 m47.9 m

Interest Paid

7 m11.1 m4.8 m9.3 m15 m6.5 m14.7 m

Income Taxes Paid

9.5 m17.5 m2.7 m7.4 m12.9 m4.1 m9.5 m

Ratios

USDY, 2017

Revenue/Employee

68 k

Financial Leverage

4.6 x