COMPUWARE CORP

Operating margin

6.6%

Net margin

9.9%

Return on equity

6.6%

Return on assets

3.6%

Return on capital (ROCE)

3.3%

Liabilities / assets

44.9%

Debt / equity

0.83×

Book value / share

$4.92

Revenue growth (YoY)

−0.4%

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.

Altman Z″ (distress)

2.55grey zone

Accruals / assets

−4.5%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.

• Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventDec 17, 2014
• Shareholder vote · Other material eventDec 8, 2014
• Entered a material agreement · Material impairmentNov 19, 2014
• Director / officer changeNov 6, 2014
• Completed an acquisition or disposition · Other material eventNov 5, 2014
• Results of operationsOct 28, 2014
• Other material eventOct 21, 2014
• Other material eventOct 10, 2014

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.