Event-Driven Stocks

PATHEON INC

Healthcare · Pharmaceutical Preparations · SEC filings ↗ · Compare ⊕

Signs4 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10
Revenue$213.5M$153.9M$700.0M$671.2M
Operating income$33.9M−$36.9M$4.4M$13.2M
Net income−$35.9M−$106.7M−$16.4M−$4.6M
Total assets$1.08B$742.9M$824.6M$813.2M
Total liabilities$951.4M$618.6M$586.9M
Equity$126.4M$124.3M$237.7M$249.1M
EPS (diluted)$-0.38
Shares out.129.3M

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

Key ratios

from filings · FY2013
Operating margin
15.9%
Net margin
−16.8%
Return on equity
−28.4%
Return on assets
−3.3%
Return on capital (ROCE)
4.1%
Liabilities / assets
88.3%
Debt / equity
7.53×
Book value / share
Revenue growth (YoY)
38.7%
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 · FY2013
Altman Z″ (distress)
-0.18distress
Accruals / assets
4.5%clean
Piotroski F-Score
5/8mixed

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
65
/ 100
Profitability 40Growth 100Catalyst 33Earnings quality 100Financial 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. What these scores mean →

Signs

1 severe2 warning4 good
  • Altman Z″ in the distress zone
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive 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 (2)

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