International Speedway Corp (ISCA) Files 10-K for the Fiscal Year Ended on November 30, 2017
- By insider
International Speedway Corp (ISCA) files its latest 10-K with SEC for the fiscal year ended on November 30, 2017. International Speedway Corp is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities in the United States. International Speedway Corp has a market cap of $1.9 billion; its shares were traded at around $44.20 with a P/E ratio of 29.83 and P/S ratio of 2.97. The dividend yield of International Speedway Corp stocks is 0.97%. International Speedway Corp had annual average EBITDA growth of 3.80% over the past five years.
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The intrinsic value of ISCA
For the last quarter International Speedway Corp reported a revenue of $226.3 million, compared with the revenue of $221.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $671.4 million, an increase of 1.6% from last year. For the last five years International Speedway Corp had an average revenue growth rate of 2% a year.
The reported diluted earnings per share was $2.48 for the year, an increase of 49.4% from previous year. Over the last five years International Speedway Corp had an EPS growth rate of 15.8% a year. The International Speedway Corp had a decent operating margin of 14.32%, compared with the operating margin of 16.61% a year before. The 10-year historical median operating margin of International Speedway Corp is 18.04%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, International Speedway Corp has the cash and cash equivalents of $256.7 million, compared with $263.7 million in the previous year. The long term debt was $255.6 million, compared with $259.4 million in the previous year. The interest coverage to the debt is 8.3. International Speedway Corp has a financial strength rank of 6 (out of 10).
At the current stock price of $44.20, International Speedway Corp is traded at 28% premium to its historical median P/S valuation band of $34.53. The P/S ratio of the stock is 2.97, while the historical median P/S ratio is 2.33. The stock gained 18.85% during the past 12 months.
For the complete 20-year historical financial data of ISCA, click here.
This article first appeared on GuruFocus.
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The intrinsic value of ISCA