STEC, INC.
Technology · Computer Storage Devices · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | FY08 | |
|---|---|---|---|---|---|
| Revenue | $50.4M | $94.9M | $280.1M | $354.2M | $227.4M |
| Operating income | −$13.9M | $15.2M | $28.6M | $89.2M | $5.5M |
| Net income | −$10.7M | $14.1M | $28.5M | $72.6M | $4.3M |
| Total assets | $289.8M | $335.0M | $365.7M | $325.6M | — |
| Total liabilities | — | — | — | — | — |
| Equity | $225.2M | $310.4M | $322.2M | $278.6M | $181.6M |
| EPS (diluted) | $-0.23 | $0.27 | $0.55 | $1.43 | $0.08 |
| Shares out. | 46.1M | 51.1M | 51.0M | 50.3M | 51.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- −27.5%
- Net margin
- −21.2%
- Return on equity
- −4.7%
- Return on assets
- −3.7%
- Return on capital (ROCE)
- −6.0%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $4.88
- Revenue growth (YoY)
- −46.9%
- Net income growth (YoY)
- −175.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Accruals / assets
- −0.5%clean
- Piotroski F-Score
- 2/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 4 warning● 1 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2004
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ball F MichaelDirector | Sep 12, 2013 | D | 7,000 | $6.85 |
| Moshayedi ManouchDirector | Sep 12, 2013 | D | 2.5M | $6.85 |
| Bahri RajatDirector | Sep 12, 2013 | D | 2,000 | $6.85 |
| Cook Raymond DOfficer — EVP & CHIEF FINANCIAL OFFICER | Sep 12, 2013 | D | 161,750 | $6.85 |
| Saman RobertOfficer — CLO, General Counsel | Sep 12, 2013 | D | 122,500 | $6.85 |
| Moshayedi MehrdadOfficer — PRESIDENT and CEO | Sep 12, 2013 | D | 100,000 | $6.85 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder vote · Other material eventSep 13, 2013
- Other material eventSep 4, 2013
- Results of operationsAug 7, 2013
- Other material eventAug 1, 2013
- Entered a material agreement · Director / officer change · Other material eventJun 25, 2013
- Results of operationsMay 8, 2013
- Other material eventApr 12, 2013
- Results of operationsMar 14, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- UPLOADJan 17, 2014
- 15-12GFORM 15-12GSep 23, 2013
- SC 13G/ASep 17, 2013
- SC 13G/ASep 17, 2013
- 4FORM 4 MERGER 9-12-2013Sep 16, 2013
- 4FORM 4 MERGER 9-16-2013Sep 16, 2013
- 4FORM 4 MERGER 9-16-2013Sep 16, 2013
- 4FORM 4 MERGER 9-12-2013Sep 16, 2013
- 4FORM 4 MERGER 9-12-2013Sep 16, 2013
- 4FORM 4 MERGER 9-12-2013Sep 16, 2013
- 4OPTION AND RSU EXERCISE FROM MERGER 9-12-2013Sep 16, 2013
- 4FORM 4 MERGER 9-12-2013Sep 16, 2013
- 4FORM 4 MERGER 9-12-2013Sep 16, 2013
- SC 13D/AAMENDMENT NO. 1 TO SCHEDULE 13DSep 13, 2013
- S-8 POSPOST-EFFECTIVE AMENDMENT NO.2 TO FORM S-8Sep 13, 2013
Event-driven situations (1)
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