Event-Driven Stocks

ALTERA CORP

Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕

Signs4 gooddetails ↓

Financials

SEC XBRL · annual
 FY14FY13FY12FY11FY10FY09
Revenue$1.93B$1.73B$1.78B$2.06B$1.95B$1.20B
Operating income
Net income$472.7M$440.1M$556.8M$770.7M$782.9M$251.1M
Total assets$5.67B$6.00B$4.66B$4.28B$3.76B$2.29B
Total liabilities$2.39B$2.48B$1.32B$1.29B$1.44B$1.21B
Equity$3.29B$3.51B$3.33B$2.99B$2.32B$1.09B
EPS (diluted)$1.52$1.36$1.72$2.35$2.49$0.84
Shares out.317.6M319.8M322.4M320.0M297.4M296.8M

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
Net margin
24.5%
Return on equity
14.4%
Return on assets
8.3%
Return on capital (ROCE)
Liabilities / assets
42.1%
Debt / equity
0.73×
Book value / share
$10.35
Revenue growth (YoY)
11.5%
Net income growth (YoY)
7.4%

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
Accruals / assets
3.4%clean
Beneish M-Score
-2.72normal
Piotroski F-Score
7/8strong

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
87
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial 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

4 good
  • Revenue is growing year-over-year
  • 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 (1)

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