Event-Driven Stocks

EMULEX CORP /DE/

Technology · Computer Communications Equipment · DE · SEC filings ↗ · Compare ⊕

Signs3 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10FY09
Revenue$109.7M$116.8M$128.7M$452.5M$399.1M$378.2M
Operating income−$20.2M−$709,000−$9.9M−$48.8M$6.0M$1.3M
Net income−$7.2M−$6.8M$15.0M−$83.6M$23.6M$7.5M
Total assets$717.9M$710.7M$713.0M$702.8M$689.5M
Total liabilities$263.3M$123.1M$137.9M$114.1M$98.3M
Equity$454.6M$567.6M$575.1M$588.7M$591.2M$569.4M
EPS (diluted)$-0.09$-0.08$0.17$-0.97$0.29$0.09
Shares out.71.0M91.4M89.3M88.3M81.3M81.1M

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
−18.4%
Net margin
−6.6%
Return on equity
−1.6%
Return on assets
−1.0%
Return on capital (ROCE)
−3.1%
Liabilities / assets
36.7%
Debt / equity
0.58×
Book value / share
$6.41
Revenue growth (YoY)
−6.0%
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 · FY2014
Altman Z″ (distress)
1.30grey zone
Accruals / assets
7.7%clean
Piotroski F-Score
4/9mixed

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
42
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 100Financial 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

4 warning3 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Altman Z″ in the grey zone
  • Conservative leverage (liabilities < 50% of assets)
  • 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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