Event-Driven Stocks

THOMAS & BETTS CORP

Technology · Electric Lighting & Wiring Equipment · TN · SEC filings ↗ · Compare ⊕

Signs4 good1 severedetails ↓

Financials

SEC XBRL · annual
 FY11FY10FY09FY08
Revenue$2.30B$2.00B$1.83B$2.39B
Operating income$289.8M$220.8M$180.4M$299.7M
Net income$190.2M$145.6M$107.9M$265.3M
Total assets$2.82B$2.63B$2.45B
Total liabilities
Equity$1.60B$1.47B$1.34B$1.14B
EPS (diluted)$3.60$2.76$2.04$4.64
Shares out.52.2M52.8M53.0M57.2M

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

Key ratios

from filings · FY2011
Operating margin
12.6%
Net margin
8.3%
Return on equity
11.9%
Return on assets
6.7%
Return on capital (ROCE)
11.7%
Liabilities / assets
Debt / equity
Book value / share
$30.68
Revenue growth (YoY)
14.6%
Net income growth (YoY)
30.6%

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 · FY2011
Accruals / assets
0.1%clean
Piotroski F-Score
8/8strong

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. What these scores mean →

Signs

1 severe4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating margin is positive
  • Revenue is growing year-over-year
  • 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.

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.

Insider transactions

SEC Form 4 · most recent
0 acquisitions12 disposalsnet 193,512 shares · last 12
InsiderDateTypeSharesPrice
Stevens David DDirectorMay 16, 2012D14,604$72.00
Roberg Kevin LDirectorMay 16, 2012D9,985$72.00
Rivers Rufus HDirectorMay 16, 2012D10,774$72.00
Richard Jean PaulDirectorMay 16, 2012D24,454$72.00
Masterson Kenneth RDirectorMay 16, 2012D27,504$72.00
Kalich Ronald B SrDirectorMay 16, 2012D26,854$72.00
Jernigan DeanDirectorMay 16, 2012D9,537$72.00
Hauswald Jeananne KDirectorMay 16, 2012D10,932$72.00
Ducker Michael LDirectorMay 16, 2012D1,996$72.00
Gann Peggy P.Officer — Sr. VP HR &amp; AdministrationMay 16, 2012D4,450$72.00
Locke Stanley POfficer — V.P. Bus Dev St. PlanningMay 16, 2012D18,242$72.00
Raines J NOfficer — VP-General Counsel &amp; SecretaryMay 16, 2012D34,180$72.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

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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