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

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Feb 27, 2020
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Welbilt Inc (WBT, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Manitowoc Foodservice Inc operates as a foodservice equipment company serving commercial and institutional sectors. Welbilt Inc has a market cap of $1.85 billion; its shares were traded at around $13.07 with a P/E ratio of 33.51 and P/S ratio of 1.16. GuruFocus has detected 2 severe warning signs with Welbilt Inc. .

For the last quarter Welbilt Inc reported a revenue of $381.8 million, compared with the revenue of $406.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.6 billion, an increase of 0.2% from last year. For the complete 30-year financial data, please go here.. For the last five years Welbilt Inc had an average revenue growth rate of 0.2% a year.

The reported diluted earnings per share was 39 cents for the year, a decline of 29.1% from the previous year. Over the last five years Welbilt Inc had an average EPS decline of 18.3% a year. The Welbilt Inc had a decent operating margin of 11.54%, compared with the operating margin of 13.99% a year before. The 10-year historical median operating margin of Welbilt Inc is 12.14%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Welbilt Inc has the cash and cash equivalents of $130.7 million, compared with $70.4 million in the previous year. The long term debt was $1.4 billion, compared with $1.3 billion in the previous year. The interest coverage to the debt is 2, which is not a favorable level. Welbilt Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $13.07, Welbilt Inc is traded at 30.6% discount to its historical median P/S valuation band of $18.83. The P/S ratio of the stock is 1.16, while the historical median P/S ratio is 1.67. The stock lost 17.45% during the past 12 months.

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