Event-Driven Stocks

NOVELL INC

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

Signs5 good3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY10FY09FY08
Revenue$811.9M$862.2M$956.5M
Operating income$84.4M−$206.5M$4.8M
Net income$378.0M−$212.7M−$8.7M
Total assets$2.23B$1.90B
Total liabilities$890.5M$968.4M
Equity$1.34B$934.5M$1.09B
EPS (diluted)$1.07$-0.62$-0.02
Shares out.351.6M347.1M350.2M

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

Key ratios

from filings · FY2010
Operating margin
10.4%
Net margin
46.6%
Return on equity
28.3%
Return on assets
17.0%
Return on capital (ROCE)
5.5%
Liabilities / assets
40.0%
Debt / equity
0.67×
Book value / share
$3.80
Revenue growth (YoY)
−5.8%
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 · FY2010
Altman Z″ (distress)
5.31safe
Accruals / assets
13.6%high accruals
Beneish M-Score
-1.71elevated
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
53
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 33Financial strength 100

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

1 severe3 warning5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Conservative leverage (liabilities < 50% of assets)
  • 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.

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)