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PolyOne Corp (POL) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

PolyOne Corp ( POL ) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. PolyOne Corp is a chemical manufacturer that provides specialized polymer materials, services and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. PolyOne Corp has a market cap of $2.64 billion; its shares were traded at around $33.04 with a P/E ratio of 16.78 and P/S ratio of 0.75. The dividend yield of PolyOne Corp stocks is 2.19%. PolyOne Corp had annual average EBITDA growth of 8.70% over the past five years.


For the last quarter PolyOne Corp reported a revenue of $834.0 million, compared with the revenue of $800.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.5 billion, an increase of 9.4% from last year. For the last five years PolyOne Corp had an average revenue decline of 2.4% a year.

The reported diluted earnings per share was $1.99 for the year, an increase of -380.3% from previous year. The PolyOne Corp had an operating margin of 7.75%, compared with the operating margin of 8.59% a year before. The 10-year historical median operating margin of PolyOne Corp is 5.25%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, PolyOne Corp has the cash and cash equivalents of $170.9 million, compared with $243.6 million in the previous year. The long term debt was $1.3 billion, compared with $1.3 billion in the previous year. The interest coverage to the debt is at a comfortable level of 12.2. PolyOne Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $33.04, PolyOne Corp is traded at close to its historical median P/S valuation band of $33.35 . The P/S ratio of the stock is 0.75, while the historical median P/S ratio is 0.76. The stock lost 20.46% during the past 12 months.

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

This article first appeared on GuruFocus.