Event-Driven Stocks

ORBITAL SCIENCES CORP /DE/

Technology · Radio & Tv Broadcasting & Communications Equipment · DE · SEC filings ↗ · Compare ⊕

Signs5 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10FY09FY08
Revenue$334.8M$338.0M$1.35B$1.29B$1.13B$1.17B
Operating income$31.1M$23.8M$79.8M$73.0M$52.3M$84.3M
Net income$19.6M$13.0M$67.4M$47.5M$36.6M$58.5M
Total assets$1.28B$1.21B$1.13B$1.06B$929.5M
Total liabilities$489.5M$497.9M$487.5M$493.9M$427.0M
Equity$795.3M$713.5M$643.3M$568.6M$502.5M$473.1M
EPS (diluted)$0.33$0.22$1.13$0.81$0.63$0.96
Shares out.59.8M58.9M58.9M56.9M57.5M

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

Key ratios

from filings · FY2013
Operating margin
9.3%
Net margin
5.9%
Return on equity
2.5%
Return on assets
1.5%
Return on capital (ROCE)
3.2%
Liabilities / assets
38.1%
Debt / equity
0.62×
Book value / share
$13.30
Revenue growth (YoY)
−1.0%
Net income growth (YoY)
50.9%

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 · FY2013
Altman Z″ (distress)
5.67safe
Accruals / assets
2.6%clean
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
77
/ 100
Profitability 100Growth 50Catalyst 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

1 severe1 warning5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Operating margin is positive
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • 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 (1)