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Valmont Industries VMI DK — Deferred Tax Assets Valuation Allowance

Discontinued — last reported Q4 '21

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Other financials

Income statement

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Revenue$1.0B+6.2%
Gross profit$316.9M+8.9%
Operating income$155.6M+21.3%
Net income$108.0M+23.8%
EPS (diluted)$5.51+27.5%

Balance sheet

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Cash & equivalents$160.2M-13.1%
Total debt$921.3M+6.9%
Total equity$1.7B+2.7%
Total assets$3.4B+1.8%

Cash flow

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Operating cash flow$103.5M+58.9%
CapEx$34.6M+14.0%
Free cash flow$68.9M+97.9%

Valuation

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Market cap$11.07B+36.4%
Enterprise value$11.83B+33.8%
P/E29.8×+6.5×
P/S2.7×+0.7×

Profitability

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Gross margin30.4%+0.2pp
Operating margin10.6%-2.2pp
Net margin8.9%+0.4pp
FCF margin8.3%-4.5pp

Returns & leverage

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Return on equity22.4%-0.5pp
Debt / equity0.5×0.0×
Current ratio2.4×+0.1×

Where this comes from

Reported directly by Valmont Industries in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsValuationAllowance.

The official record: Valmont Industries’s 10-K, filed March 1, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valmont Industries's DK — deferred tax assets valuation allowance?
Valmont Industries (VMI) reported DK — deferred tax assets valuation allowance of $5.1M in Q4 2021.
What does DK — deferred tax assets valuation allowance mean?
The portion of tax assets that the company does not expect to be able to use to reduce future tax payments.
How do you interpret DK — deferred tax assets valuation allowance?
An increase in the allowance signals reduced confidence in future segment profitability, while a decrease suggests improved earnings expectations.
How does DK — deferred tax assets valuation allowance compare across companies?
Comparable to valuation allowances on deferred tax assets reported by multinational corporations, often analyzed in the context of regional tax planning and earnings quality.