Event-Driven Stocks

BIOMET INC

Healthcare · Orthopedic, Prosthetic & Surgical Appliances & Supplies · IN · SEC filings ↗ · Compare ⊕

Signs3 good3 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10
Revenue$2.84B$2.73B$2.70B
Operating income−$93.4M−$576.9M$356.6M
Net income−$458.8M−$849.8M−$47.6M
Total assets$10.42B$11.36B
Total liabilities$7.74B$8.18B
Equity$2.68B$3.18B$3.73B
EPS (diluted)
Shares out.552.3M552.5M

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

Key ratios

from filings · FY2012
Operating margin
−3.3%
Net margin
−16.2%
Return on equity
−17.1%
Return on assets
−4.4%
Return on capital (ROCE)
−0.9%
Liabilities / assets
74.3%
Debt / equity
2.89×
Book value / share
$4.86
Revenue growth (YoY)
3.9%
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 · FY2012
Altman Z″ (distress)
0.10distress
Accruals / assets
8.0%clean
Beneish M-Score
-2.84normal
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
57
/ 100
Profitability 0Growth 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.

Signs

2 severe3 warning3 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • 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.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

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)