Event-Driven Stocks

Exelis Inc.

Technology · Communications Equipment, NEC · IN · SEC filings ↗ · Compare ⊕

Signs3 good3 warningdetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10FY09
Revenue$748.0M$782.0M$3.73B$5.84B$5.89B$6.06B
Operating income$397.0M$328.0M$432.0M$535.0M$689.0M$702.0M
Net income$52.0M$44.0M$330.0M$326.0M
Total assets$4.88B$4.88B$5.21B$5.10B$4.29B
Total liabilities$3.63B$3.23B$4.20B$4.21B$1.69B
Equity$1.25B$1.65B$1.02B$893.0M$2.61B$2.61B
EPS (diluted)$0.27$0.23$1.75$1.75$3.14$2.51
Shares out.189.5M188.3M184.8M186.7M187.1M187.1M

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

Key ratios

from filings · FY2014
Operating margin
53.1%
Net margin
7.0%
Return on equity
4.2%
Return on assets
1.1%
Return on capital (ROCE)
9.7%
Liabilities / assets
74.4%
Debt / equity
2.91×
Book value / share
$6.58
Revenue growth (YoY)
−4.3%
Net income growth (YoY)
18.2%

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 · FY2014
Altman Z″ (distress)
2.53grey zone
Accruals / assets
2.2%clean
Piotroski F-Score
6/9mixed

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
67
/ 100
Profitability 100Growth 50Catalyst 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.

Signs

3 warning3 good
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • 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 ↗

Corporate family

Spun off from ITTITT · Oct 31, 2011

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (2)