VeriSign Inc (VRSN) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 15, 2020
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VeriSign Inc (VRSN, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. VeriSign Inc is a part of the internet content industry. It provides domain name registry and internet security for websites and enterprises around the world. VeriSign Inc has a market cap of $24.46 billion; its shares were traded at around $209.57 with a P/E ratio of 40.69 and P/S ratio of 20.24. VeriSign Inc had annual average EBITDA growth of 18.50% over the past ten years. GuruFocus rated VeriSign Inc the business predictability rank of 3.5-star.

For the last quarter VeriSign Inc reported a revenue of $310.5 million, compared with the revenue of $307.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.2 billion, an increase of 1.4% from last year. For the complete 30-year financial data, please go here.. For the last five years VeriSign Inc had an average revenue growth rate of 4.2% a year.

The reported diluted earnings per share was $5.15 for the year, an increase of 8.4% from previous year. Over the last five years VeriSign Inc had an EPS growth rate of 16.1% a year. The VeriSign Inc enjoyed an operating margin of 65.45%, compared with the operating margin of 63.16% a year before. The 10-year historical median operating margin of VeriSign Inc is 56.54%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, VeriSign Inc has the cash and cash equivalents of $508.2 million, compared with $357.4 million in the previous year. The long term debt was $1.8 billion, compared with $1.8 billion in the previous year. The interest coverage to the debt is 8.9. VeriSign Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $209.57, VeriSign Inc is traded at 124.4% premium to its historical median P/S valuation band of $93.38. The P/S ratio of the stock is 20.24, while the historical median P/S ratio is 9.02. The intrinsic value of the stock is $146.61 a share, according to GuruFocus DCF Calculator. The stock gained 19.68% during the past 12 months.

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