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

VeriSign Inc (VRSN, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $21.05 billion; its shares were traded at around $175.40 with a P/E ratio of 36.86 and P/S ratio of 17.69. VeriSign Inc had annual average EBITDA growth of 21.70% 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 $307.5 million, compared with the revenue of $295.5 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 4.3% from last year. For the last five years VeriSign Inc had an average revenue growth rate of 4.8% a year.

The reported diluted earnings per share was $4.75 for the year, an increase of 29.1% from previous year. Over the last five years VeriSign Inc had an EPS growth rate of 8.6% a year. The VeriSign Inc enjoyed an operating margin of 63.16%, compared with the operating margin of 60.74% a year before. The 10-year historical median operating margin of VeriSign Inc is 55.31%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, VeriSign Inc has the cash and cash equivalents of $357.4 million, compared with $465.9 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 6.7. VeriSign Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $175.40, VeriSign Inc is traded at 103% premium to its historical median P/S valuation band of $86.39. The P/S ratio of the stock is 17.69, while the historical median P/S ratio is 8.72. The intrinsic value of the stock is $135.51 a share, according to GuruFocus DCF Calculator. The stock gained 53.63% during the past 12 months.

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