NIC Inc (EGOV, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. NIC Inc provides eGovernment services, which helps government use the Internet to reduce internal costs, increase efficiencies and provides services to businesses and citizens. NIC Inc has a market cap of $1.15 billion; its shares were traded at around $17.27 with a P/E ratio of 19.89 and P/S ratio of 3.34. The dividend yield of NIC Inc stocks is 1.86%. NIC Inc had annual average EBITDA growth of 14.30% over the past ten years. GuruFocus rated NIC Inc the business predictability rank of 3.5-star.
For the last quarter NIC Inc reported a revenue of $78.6 million, compared with the revenue of $83.47 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $344.9 million, an increase of 2.5% from last year. For the last five years NIC Inc had an average revenue growth rate of 6.9% a year.
The reported diluted earnings per share was 87 cents for the year, an increase of 13% from previous year. Over the last five years NIC Inc had an EPS growth rate of 12% a year. The NIC Inc had a decent operating margin of 21.76%, compared with the operating margin of 23.28% a year before. The 10-year historical median operating margin of NIC Inc is 21.53%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, NIC Inc has the cash and cash equivalents of $191.7 million, compared with $160.8 million in the previous year. The company had no long term debt. The interest coverage to the debt is 2.1, which is not a favorable level. NIC Inc has a financial strength rank of 10 (out of 10).
At the current stock price of $17.27, NIC Inc is traded at 21.2% discount to its historical median P/S valuation band of $21.91. The P/S ratio of the stock is 3.34, while the historical median P/S ratio is 4.23. The intrinsic value of the stock is $20.58 a share, according to GuruFocus DCF Calculator. The stock gained 29.71% during the past 12 months.
For the complete 20-year historical financial data of EGOV, click here.
