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

Forterra Inc (FRTA, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Forterra Inc is engaged in manufacturing pipe and precast products in the United States and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution and drainage. Forterra Inc has a market cap of $308.180 million; its shares were traded at around $4.80 with a P/E ratio of 8.40 and P/S ratio of 0.21.

For the last quarter Forterra Inc reported a revenue of $434.5 million, compared with the revenue of $444.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, a decrease of 6.4% from the previous year. For the last five years Forterra Inc had an average revenue decline of 0% a year.

The reported loss per diluted share was 38 cents for the year, compared with the loss per share of $0 in the previous year. The Forterra Inc had an operating margin of 3.06%, compared with the operating margin of -0.12% a year before. The 10-year historical median operating margin of Forterra Inc is 0.35%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Forterra Inc has the cash and cash equivalents of $35.8 million, compared with $104.5 million in the previous year. The long term debt was $1.3 billion, compared with $1.2 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Forterra Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $4.80, Forterra Inc is traded at 43.1% discount to its historical median P/S valuation band of $8.44. The P/S ratio of the stock is 0.21, while the historical median P/S ratio is 0.36. The stock lost 44.38% during the past 12 months.

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