Company Information

  

Address: 6060 PARKLAND BLVD  
City: MAYFIELD HEIGHTS 
State: OH 
Zip Code: 44124 
Telephone: 216-875-5458 

Description of Business

Primary SIC Code: 2851
(As filed with the SEC)  

Ferro Corporation was incorporated in Ohio in 1919 as an enameling company and today is a leading producer of specialty materials that are sold to a broad range of manufacturers who, in turn, make products for many end-use markets. When we use the terms "Ferro," "we," "us" or "the Company," we are referring to Ferro Corporation and its subsidiaries unless indicated otherwise. Ferro's products fall into two general categories: functional coatings, which perform specific functions in the manufacturing processes and end products of our customers; and color solutions, which provide aesthetic and performance characteristics to our customers' products. Our products are manufactured in approximately 41 facilities around the world. They include: ? Frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.48NA38.10
03/20170.55NA27.62
12/20160.51NA28.10
09/20161.43NA9.66
06/20161.36NA9.84
03/20161.20NA9.89
12/20151.14NA9.75
09/20151.06NA10.33

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.08Total Liab/Total Assets0.81
Net Inc/Total Assets-0.02Total Liab/Inv Cap1.02
Net Inc/Inv Cap-0.02Total Liab/Comm Equity4.34
Pretax Inc/Net Sales0.05Interest Coverage Ratio3.90
Net Inc/Net Sales-0.02Curr Debt/Equity0.07
Cash Flow/Net Sales0.05LTD/Equity2.25
SG&A/NetSales0.21Total Debt/Equity2.32
Asset Utilization   Liquidity  
Net Receivables Turnover3.98Quick Ratio1.43
Inventory Turnover3.83Current Ratio2.37
Inventory Day Sales0.01Net Rec/Curr Assets0.51
Net Sales/Work Cap3.41Inv/Curr Assets0.39
Net Sales/PP&E4.37  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 348.63 320.56 281.34 288.53
Cost of Goods Sold 240.29 221.76 201.70 199.55
Selling & Admin Exps 62.51 58.96 75.60 55.59
Operating Income 42.60 36.82 -10.18 33.37
Interest Exp 6.45 6.22 5.97 5.30
Pretax Income 29.92 29.26 -25.39 26.71
Other Income -6.23 -1.34 -9.24 -1.36
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 21.23 22.12 -20.60 -8.67

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 78.87 92.83 45.58 40.56
Receivables - Total 371.35 327.76 297.50 319.19
Inventories - Total 272.18 250.59 229.85 211.26
Total Current Assets 736.21 681.36 582.02 579.02
Net Property, Plant & Equipment 273.96 257.99 262.03 249.50
Total Assets 1,477.80 1,384.23 1,283.77 1,232.99
Liabilities        
Accounts Payable 264.38 240.17 228.72 216.29
Debt in Current Liabilities 23.05 16.63 17.31 10.22
Total Current Liabilities 287.43 256.80 246.03 226.51
Long-Term Debt 637.86 618.34 557.18 477.10
Total Liabilities 1,162.90 1,106.09 1,036.66 924.59
Stockholder's Equity        
Minority Interest 7.99 8.18 7.92 7.77
Preferred Stock NA NA NA NA
Common Stock 93.44 93.44 93.44 93.44
Retained Earnings 157.61 136.59 114.69 135.63
Treasury Stock -154.28 -155.71 -160.94 -162.35
Total Stockholders' Equity 314.90 278.15 247.11 308.39
Total Liabilities and Stockholders' Equity 1,477.80 1,384.23 1,283.77 1,232.99

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 13.08 1.63 55.89 8.72
Net Cash Provided by Investing Activities -24.74 -6.76 -124.79 -8.95
Net Cash Provided by Financing Activities -4.01 51.94 80.11 -8.93

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,267.70-373.03-4.34
12/20131,188.5872.440.92
12/20141,111.6386.230.82
12/20151,075.3463.101.14
12/20161,145.29-19.890.51
Growth Rates-2.51----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1721180,49496.18




Report Date : 10/9/2017

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