Event-Driven Stocks

CDK Global, Inc.

Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕

Signs5 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$433.1M$426.4M$1.59B$1.80B$1.73B$2.11B
Operating income$425.3M$499.7M$395.0M$481.7M$381.6M$402.5M
Net income$860.9M$57.6M$124.0M$380.8M$295.6M$239.3M
Total assets$2.71B$2.85B$3.00B$3.01B$2.88B$2.37B
Total liabilities$2.22B$3.43B$3.71B$3.36B$2.94B$1.99B
Equity$480.8M−$596.1M−$729.6M−$364.8M−$73.8M$359.8M
EPS (diluted)$7.00$0.47$0.98$2.78$1.99$1.51
Shares out.120.8M121.5M121.2M129.4M140.1M150.1M

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

Key ratios

from filings · FY2021
Operating margin
98.2%
Net margin
198.8%
Return on equity
179.1%
Return on assets
31.7%
Return on capital (ROCE)
18.1%
Liabilities / assets
81.8%
Debt / equity
4.61×
Book value / share
$3.98
Revenue growth (YoY)
1.6%
Net income growth (YoY)
1394.6%

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 · FY2021
Altman Z″ (distress)
4.15safe
Accruals / assets
23.7%high accruals
Piotroski F-Score
7/9strong

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
68
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 33Financial strength 75

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

2 warning5 good
  • High leverage (liabilities > 70% of assets)
  • High accruals — earnings-quality risk
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Altman Z″ in the safe zone

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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