Event-Driven Stocks

SPARTON CORP

Technology · Printed Circuit Boards · OH · SEC filings ↗ · Compare ⊕

Signs4 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY18FY17FY16FY15FY14FY13
Revenue$274.5M$97.4M$419.4M$382.1M$336.5M$63.9M
Operating income$7.7M$7.6M−$51.8M$17.3M$20.3M$16.3M
Net income−$8.0M−$907,000−$38.3M$11.0M$13.0M$1.5M
Total assets$229.3M$217.1M$246.0M$337.6M$199.0M$166.2M
Total liabilities$155.1M$135.3M$167.4M$220.7M$88.9M$70.5M
Equity$74.2M$81.9M$78.6M$116.9M$110.1M$95.7M
EPS (diluted)$0.21$-0.09$-3.91$1.10$1.28$0.00
Shares out.9.8M9.9M9.8M9.9M10.1M10.0M

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

Key ratios

from filings · FY2018
Operating margin
2.8%
Net margin
−2.9%
Return on equity
−10.7%
Return on assets
−3.5%
Return on capital (ROCE)
4.4%
Liabilities / assets
67.6%
Debt / equity
2.09×
Book value / share
$7.55
Revenue growth (YoY)
181.9%
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 · FY2018
Altman Z″ (distress)
3.88safe
Accruals / assets
1.7%clean
Piotroski F-Score
4/9mixed

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
63
/ 100
Profitability 40Growth 100Catalyst 33Earnings quality 67Financial strength 75

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 warning4 good
  • Reported a net loss
  • Negative operating cash flow
  • Operating margin is positive
  • Revenue is growing year-over-year
  • 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.

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)