Manitex International Inc (MNTX) Files 10-K for the Fiscal Year Ended on December 31, 2019

Author's Avatar
Mar 11, 2020
Article's Main Image

Manitex International Inc (MNTX, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Manitex International Inc, through its subsidiaries, is engaged in the design, manufacture and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes and sign cranes. Manitex International Inc has a market cap of $114.420 million; its shares were traded at around $5.51 with and P/S ratio of 0.51. GuruFocus has detected 2 severe warning signs with Manitex International Inc. .

For the last quarter Manitex International Inc reported a revenue of $51.9 million, compared with the revenue of $60.94 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $224.8 million, a decrease of 7.2% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Manitex International Inc had an average revenue growth rate of 5.9% a year.

The reported loss per diluted share was 43 cents for the year, compared with the loss per share of $0.34 in the previous year. The Manitex International Inc had an operating margin of 0.95%, compared with the operating margin of 2.27% a year before. The 10-year historical median operating margin of Manitex International Inc is 5.63%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Manitex International Inc has the cash and cash equivalents of $23.4 million, compared with $22.1 million in the previous year. The long term debt was $40.2 million, compared with $49.9 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Manitex International Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $5.51, Manitex International Inc is traded at 21.2% discount to its historical median P/S valuation band of $6.99. The P/S ratio of the stock is 0.51, while the historical median P/S ratio is 0.57. The stock lost 26.14% during the past 12 months.

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