Applied Industrial Technologies Inc (AIT) Files 10-K for the Fiscal Year Ended on June 30, 2020

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Applied Industrial Technologies Inc (AIT, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on June 30, 2020. Applied Industrial Technologies Inc is an industrial distributor in North America, Australia, and New Zealand, serving MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing) customers in diversified industries. Applied Industrial Technologies Inc has a market cap of $2.45 billion; its shares were traded at around $63.29 with a P/E ratio of 105.49 and P/S ratio of 0.75. The dividend yield of Applied Industrial Technologies Inc stocks is 2.00%. Applied Industrial Technologies Inc had annual average EBITDA growth of 4.70% over the past ten years. GuruFocus rated Applied Industrial Technologies Inc the business predictability rank of 2-star. GuruFocus has detected 1 severe warning sign with Applied Industrial Technologies Inc. .

For the last quarter Applied Industrial Technologies Inc reported a revenue of $725.1 million, compared with the revenue of $882.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.2 billion, a decrease of 6.5% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Applied Industrial Technologies Inc had an average revenue growth rate of 5.8% a year.

The reported diluted earnings per share was 62 cents for the year, a decline of 83.2% from the previous year. Over the last five years Applied Industrial Technologies Inc had an average EPS decline of 7.4% a year. The Applied Industrial Technologies Inc had an operating margin of 6.78%, compared with the operating margin of 7.64% a year before. The 10-year historical median operating margin of Applied Industrial Technologies Inc is 6.80%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Applied Industrial Technologies Inc has the cash and cash equivalents of $268.6 million, compared with $108.2 million in the previous year. The long term debt was $855.1 million, compared with $908.9 million in the previous year. The interest coverage to the debt is 6. Applied Industrial Technologies Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $63.29, Applied Industrial Technologies Inc is traded at close to its historical median P/S valuation band of $60.94. The P/S ratio of the stock is 0.75, while the historical median P/S ratio is 0.71. The intrinsic value of the stock is $6.42 a share, according to GuruFocus DCF Calculator. The stock gained 22.02% during the past 12 months.

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