What does ESS — number of facilities closed mean?

The total number of operational sites permanently shut down within the Engineered Support Structures segment.

How do you interpret ESS — number of facilities closed?

An increase suggests aggressive capacity rationalization, which may lead to lower overhead costs but could also indicate reduced production scale.

How does ESS — number of facilities closed compare across companies?

Comparable to 'Facility Closures' or 'Plant Rationalization' metrics reported by capital-intensive industrial firms.

Valmont Industries VMI ESS — Number Of Facilities Closed

Discontinued — last reported Q2 '19

Similar metrics at other companies

RPMConsumer — Number Of Manufacturing Facilities Closed

2—

IFFEMEA — Number Of Sites Closed

2—

MODVehicular Thermal Solutions — Number Of Closed Manufacturing Facilities Sold

0.8—

TSNOperating Segments — Plants Closed

0.8—

MODAmericas — Number Of Closed Manufacturing Facilities Sold

0.5—

MKSIEurope — Number Of Facilities Yet To Close

0.50.0%

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 vmi:NumberOfFacilitiesClosed.

The official record: Valmont Industries’s 10-K, filed February 27, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does ESS — number of facilities closed mean?: The total number of operational sites permanently shut down within the Engineered Support Structures segment.
How do you interpret ESS — number of facilities closed?: An increase suggests aggressive capacity rationalization, which may lead to lower overhead costs but could also indicate reduced production scale.
How does ESS — number of facilities closed compare across companies?: Comparable to 'Facility Closures' or 'Plant Rationalization' metrics reported by capital-intensive industrial firms.