Culp Inc (CULP) Files 10-K for the Fiscal Year Ended on April 30, 2018

Culp Inc (CULP, Financial) files its latest 10-K with SEC for the fiscal year ended on April 30, 2018. Culp Inc manufacturers, sources, and markets mattress fabrics and sewn covers used for covering mattresses & box springs and upholstery fabrics including cut and sewn kits used in production of upholstered furniture. Culp Inc has a market cap of $309.760 million; its shares were traded at around $24.88 with a P/E ratio of 14.99 and P/S ratio of 0.99. The dividend yield of Culp Inc stocks is 1.42%. Culp Inc had annual average EBITDA growth of 17.30% over the past ten years. GuruFocus rated Culp Inc the business predictability rank of 3-star.

For the last quarter Culp Inc reported a revenue of $78.2 million, compared with the revenue of $77.35 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $323.7 million, an increase of 4.6% from last year. For the last five years Culp Inc had an average revenue growth rate of 3.4% a year.

The reported diluted earnings per share was $1.65 for the year, a decline of 7.3% from the previous year. Over the last five years Culp Inc had an EPS growth rate of 4.1% a year. The Culp Inc had an operating margin of 8.48%, compared with the operating margin of 9.72% a year before. The 10-year historical median operating margin of Culp Inc is 7.55%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Culp Inc has the cash and cash equivalents of $21.2 million, compared with $20.8 million in the previous year. The company had no long term debt. The interest coverage to the debt is at a comfortable level of 292.1. Culp Inc has a financial strength rank of 10 (out of 10).

At the current stock price of $24.88, Culp Inc is traded at 28.7% premium to its historical median P/S valuation band of $19.33. The P/S ratio of the stock is 0.99, while the historical median P/S ratio is 0.75. The intrinsic value of the stock is $17.76 a share, according to GuruFocus DCF Calculator. The stock lost 23.22% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Fred A Jackson bought 5,000 shares of CULP stock on 06/29/2018 at the average price of $25.32. The price of the stock has decreased by 1.74% since.

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