Event-Driven Stocks

FBR & Co.

Financials · Security Brokers, Dealers & Flotation Companies · VA · SEC filings ↗ · Compare ⊕

Signs1 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14FY13FY12FY11
Revenue$119.7M$155.4M$203.3M$259.8M$151.5M$132.2M
Operating income
Net income−$5.5M−$2.5M$17.0M$92.9M$29.7M−$49.6M
Total assets$1.04B$933.4M$1.04B$410.6M$333.4M$298.1M
Total liabilities$920.5M$722.6M$774.7M$119.8M$93.6M$72.8M
Equity$117.4M$210.8M$260.4M$290.8M$239.9M$225.3M
EPS (diluted)$-0.72$-0.29$1.48$7.17$2.15$-3.26
Shares out.7.4M8.4M10.5M11.9M55.4M55.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2016
Operating margin
Net margin
−4.6%
Return on equity
−4.6%
Return on assets
−0.5%
Return on capital (ROCE)
Liabilities / assets
88.7%
Debt / equity
7.84×
Book value / share
$15.90
Revenue growth (YoY)
−23.0%
Net income growth (YoY)

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 · FY2016
Accruals / assets
1.7%clean
Piotroski F-Score
1/7weak

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 Score
23
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 33Financial strength 50

Our 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.

Signs

4 warning1 good
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • 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.

Material events

SEC Form 8-K · most recent

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 ↗

Event-driven situations (1)

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