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Not Investment Advice

NORNQ OTC

Noranda Aluminum Holding Corporation
1W: -0.0% 1M: +0.0% 3M: +0.0% YTD: -85.7% 1Y: -85.7% 3Y: -0.0% 5Y: -99.3%
$0.00
+0.00 (+0.00%)
 
OTC · Basic Materials · Aluminum · Tech Score Neutral · Power 54 · $1003 mcap · 9M float · 0.108% daily turnover

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 9 Grade D
Profitability
0
Balance Sheet
14
Earnings Quality
36
Growth
25
Value
23
Momentum
29
Safety
0
Cash Flow
22
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. NORNQ scores highest in Earnings Quality (36/100) and lowest in Profitability (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
-0.75
Distress Zone
Piotroski F-Score
3/9
✗ ✓ ✗ ✓ ✗ ✗ ✓ ✗ ✗
Beneish M-Score
-5.42
Unlikely Manipulator
Ohlson O-Score
-2.24
Bankruptcy prob: 9.6%
Low Risk
Credit Rating
CCC
Score: 14.1/100
Trend: Deteriorating
Earnings Quality
—
OCF/NI: -0.07x
Accruals: -23.1%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. NORNQ scores -0.75, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. NORNQ scores 3/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. NORNQ's score of -5.42 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. NORNQ's implied 9.6% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. NORNQ receives an estimated rating of CCC (score: 14.1/100), with a deteriorating trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
-0.00x
PEG
-0.00x
P/S
0.00x
P/B
-0.00x
P/FCF
-0.06x
P/OCF
0.18x
EV/EBITDA
-4.25x
EV/Revenue
0.56x
EV/EBIT
-2.68x
EV/FCF
-12.42x
Earnings Yield
-8104.40%
FCF Yield
-1732.64%
Shareholder Yield
43.71%
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. NORNQ currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.845
NI / EBT
×
Interest Burden
1.193
EBT / EBIT
×
EBIT Margin
-0.210
EBIT / Rev
×
Asset Turnover
1.021
Rev / Assets
×
Equity Multiplier
-21.518
Assets / Equity
=
ROE
464.4%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. NORNQ's ROE of 464.4% is driven by Asset Turnover (1.021), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
—
Price/Value
—
Margin of Safety
—
Premium
—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$0.00
Median 1Y
$0.00
5th Pctile
$0.00
95th Pctile
$0.00
Ann. Volatility
1213.5%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
ROE 33.2% 58.9% 59.2% 51.9% 48.8% 36.5% 26.9% 24.8% 21.5% -2.4% -18.7% -33.1% -48.2% -47.9% -39.7% -25.7% -13.1% -37.5% 29.9% 4.6% 4.64%
ROA 7.2% 10.1% 10.5% 10.1% 8.2% 6.7% 4.9% 3.6% 2.4% -0.3% -1.9% -3.6% -4.9% -4.5% -3.4% -2.0% -0.9% -2.3% -16.5% -21.6% -21.58%
ROIC 9.6% 14.6% 15.7% 14.4% 11.6% 8.4% 4.6% 3.3% 1.7% -1.0% -1.8% -2.8% -4.8% -4.0% -1.6% 1.9% 4.4% 2.2% -24.7% -37.0% -37.01%
ROCE 15.5% 18.0% 18.1% 16.5% 12.1% 9.7% 7.4% 6.7% 5.4% 2.6% -0.2% -2.4% -4.2% -3.5% -1.2% 1.3% 3.3% 1.3% -4.9% -1.4% -1.41%
Gross Margin 16.8% 17.2% 12.5% 7.6% 13.9% 10.7% 4.0% 4.4% 9.7% 5.1% 1.9% 4.6% 3.1% 5.9% 7.2% 11.1% 9.7% 2.8% -8.6% -13.4% -13.44%
Operating Margin 10.5% 12.3% 5.8% 1.2% 6.7% 6.7% -3.2% -1.0% 2.4% -1.1% -5.0% -4.1% -3.6% 0.8% 1.7% 5.7% 3.3% -5.2% -58.7% -21.0% -21.02%
Net Margin 9.7% 11.1% 7.7% 7.2% 4.6% 6.8% 1.1% 1.3% 0.2% -3.5% -5.4% -5.7% -5.4% -2.2% -1.1% 0.5% -0.8% -7.6% -56.6% -23.5% -23.47%
EBITDA Margin 16.5% 18.1% 12.0% 8.5% 13.2% 13.1% 3.8% 7.5% 9.3% 4.7% 1.4% 4.7% 3.4% 7.2% 7.7% 12.1% 9.9% 1.0% -9.2% -71.3% -71.33%
FCF Margin 9.3% 4.4% 4.2% 4.9% 2.0% -2.2% -4.6% -4.9% -3.7% -2.4% -0.7% -0.6% -1.5% -2.4% -3.7% -4.6% -1.7% -1.5% -3.0% -4.5% -4.52%
OCF Margin 13.8% 8.7% 8.4% 9.0% 6.8% 3.1% 1.2% 1.4% 2.4% 3.9% 5.4% 4.7% 3.4% 2.4% 2.0% 2.3% 5.7% 6.2% 3.9% 1.5% 1.46%
ROA 3Y Avg snapshot only -9.83%
ROIC 3Y Avg snapshot only -15.85%
ROIC Economic snapshot only -34.84%
Cash ROA snapshot only 1.65%
Cash ROIC snapshot only 3.52%
CROIC snapshot only -10.92%
NOPAT Margin snapshot only -15.32%
Pretax Margin snapshot only -25.01%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 8.91%
SBC / Revenue snapshot only 0.24%
Valuation
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
P/E Ratio 7.82 5.34 2.84 3.34 5.38 5.34 6.25 8.09 8.75 -57.29 -6.37 -4.62 -4.25 -3.97 -6.70 -9.20 -16.31 -1.95 -0.08 -0.01 -0.000
P/S Ratio 0.59 0.53 0.27 0.30 0.42 0.35 0.31 0.29 0.21 0.16 0.12 0.16 0.21 0.18 0.23 0.18 0.15 0.04 0.01 0.00 0.000
P/B Ratio 2.60 2.23 1.20 1.86 3.76 2.84 2.74 2.74 2.05 1.60 1.42 1.56 2.20 2.01 2.65 3.70 3.12 1.39 -0.13 -0.02 -0.000
P/FCF 6.35 11.84 6.50 6.20 21.04 -16.39 -6.83 -5.86 -5.77 -6.42 -16.89 -25.87 -13.74 -7.49 -6.25 -3.89 -8.39 -2.89 -0.41 -0.06 -0.058
P/OCF 4.30 6.06 3.28 3.35 6.20 11.30 26.40 20.55 8.77 4.04 2.21 3.50 6.08 7.76 11.76 8.00 2.56 0.69 0.32 0.18 0.179
EV/EBITDA 6.08 4.51 3.00 3.91 5.81 6.17 7.30 7.21 7.48 9.35 9.60 11.83 19.01 15.79 12.10 8.55 6.61 6.70 13.72 -4.25 -4.248
EV/Revenue 0.87 0.76 0.48 0.55 0.77 0.73 0.71 0.69 0.64 0.59 0.55 0.60 0.68 0.66 0.71 0.66 0.61 0.52 0.52 0.56 0.561
EV/EBIT 6.42 5.09 3.46 4.67 8.09 9.14 11.32 12.20 13.93 25.45 -299.60 -28.15 -18.65 -22.66 -75.17 60.29 22.75 49.53 -15.46 -2.68 -2.678
EV/FCF 9.27 17.07 11.41 11.28 38.31 -33.75 -15.65 -14.04 -17.16 -24.37 -77.22 -94.07 -44.25 -27.20 -19.21 -14.19 -34.83 -34.97 -17.21 -12.42 -12.422
Earnings Yield 12.8% 18.7% 35.2% 29.9% 18.6% 18.7% 16.0% 12.4% 11.4% -1.7% -15.7% -21.6% -23.5% -25.2% -14.9% -10.9% -6.1% -51.4% -12.3% -81.0% -81.04%
FCF Yield 15.7% 8.4% 15.4% 16.1% 4.8% -6.1% -14.6% -17.1% -17.3% -15.6% -5.9% -3.9% -7.3% -13.4% -16.0% -25.7% -11.9% -34.6% -2.4% -17.3% -17.33%
EV/OCF snapshot only 38.514
Shareholder Yield snapshot only 43.71%
Leverage & Solvency
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Current Ratio 1.79 1.86 1.79 1.48 1.86 2.07 2.16 1.96 2.02 2.15 2.07 2.26 1.94 1.83 1.56 1.69 1.66 1.55 1.36 0.32 0.324
Quick Ratio 0.96 1.08 1.06 0.81 0.97 1.10 1.06 0.92 0.89 1.08 1.04 1.15 0.95 0.84 0.72 0.73 0.78 0.68 0.63 0.17 0.174
Debt/Equity 1.32 1.23 1.19 1.69 3.51 3.28 3.75 4.07 4.17 4.89 5.62 4.66 5.30 5.57 5.71 10.11 10.18 15.97 -5.22 -4.17 -4.173
Net Debt/Equity 1.19 0.99 0.90 1.52 3.08 3.01 3.54 3.83 4.06 4.46 5.07 4.10 4.89 5.29 5.50 9.80 9.82 15.40 — — —
Debt/Assets 0.29 0.29 0.29 0.31 0.42 0.42 0.43 0.44 0.45 0.47 0.48 0.50 0.50 0.51 0.50 0.51 0.50 0.52 0.60 0.68 0.683
Debt/EBITDA 2.12 1.72 1.70 1.96 2.98 3.47 4.36 4.48 5.10 7.56 8.32 9.75 14.20 12.04 8.47 6.40 5.20 6.38 13.57 -4.57 -4.574
Net Debt/EBITDA 1.91 1.38 1.29 1.76 2.62 3.17 4.11 4.20 4.96 6.89 7.50 8.58 13.10 11.44 8.16 6.20 5.02 6.15 13.39 -4.23 -4.228
Interest Coverage 6.77 8.98 9.68 8.53 6.45 4.54 3.01 2.38 1.72 0.79 -0.06 -0.81 -1.92 -1.52 -0.50 0.39 0.98 0.37 -1.14 -6.53 -6.533
Equity Multiplier 4.58 4.29 4.13 5.43 8.39 7.73 8.68 9.28 9.35 10.48 11.76 9.36 10.58 10.94 11.38 19.94 20.26 30.93 -8.65 -6.11 -6.114
Cash Ratio snapshot only 0.062
Debt Service Coverage snapshot only -4.119
Cash to Debt snapshot only 0.076
FCF to Debt snapshot only -0.075
Defensive Interval snapshot only 459.8 days
Efficiency & Turnover
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Asset Turnover 0.96 1.02 1.09 1.12 1.05 1.01 0.98 1.02 0.99 0.97 1.00 1.00 0.98 0.97 0.99 1.03 1.05 1.05 1.08 1.02 1.021
Inventory Turnover 5.69 6.25 6.58 7.13 6.28 6.37 6.25 6.87 6.14 6.37 6.51 6.79 6.42 6.35 6.43 6.72 6.70 6.56 7.03 7.49 7.492
Receivables Turnover 8.64 11.03 12.27 13.04 10.22 10.23 10.66 13.02 10.56 10.43 11.93 13.90 11.09 11.08 11.46 14.32 12.34 13.23 12.09 14.67 14.673
Payables Turnover 10.63 11.08 12.65 14.03 12.21 11.22 10.84 12.58 12.66 12.78 12.67 12.95 12.24 11.86 10.96 11.92 11.23 10.77 10.16 11.99 11.986
DSO 42 33 30 28 36 36 34 28 35 35 31 26 33 33 32 25 30 28 30 25 24.9 days
DIO 64 58 55 51 58 57 58 53 59 57 56 54 57 57 57 54 54 56 52 49 48.7 days
DPO 34 33 29 26 30 33 34 29 29 29 29 28 30 31 33 31 32 34 36 30 30.5 days
Cash Conversion Cycle 72 59 56 53 64 60 59 52 65 64 58 52 60 60 55 49 52 49 46 43 43.1 days
Fixed Asset Turnover snapshot only 1.788
Operating Cycle snapshot only 73.6 days
Cash Velocity snapshot only 21.891
Capital Intensity snapshot only 0.886
Growth (YoY)
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Revenue — 3.4% 1.4% 57.0% 9.4% -1.0% -10.5% -10.6% -9.1% -7.1% -2.7% -3.7% -4.6% -3.6% -2.3% 0.9% 5.5% 5.0% -0.6% -9.4% -9.37%
Net Income — 20.2% 3.7% 1.1% 12.9% -33.7% -54.0% -64.9% -71.5% -1.0% -1.4% -2.0% -2.9% -15.3% -79.0% 44.1% 80.8% 49.8% -3.4% -8.8% -8.76%
EPS — 14.6% 2.9% 85.3% 11.7% -34.6% -54.4% -65.2% -71.6% -1.0% -1.4% -2.0% -2.9% -15.1% -76.7% 45.7% 81.0% 50.2% -3.3% -8.8% -8.76%
FCF — -36.5% -45.8% -37.7% -76.5% -1.5% -2.0% -1.9% -2.7% -4.8% 84.8% 87.6% 60.9% 3.0% -4.1% -6.4% -20.9% 36.2% 19.3% 11.8% 11.76%
EBITDA — 8.6% 2.6% 65.2% 1.5% -30.8% -45.7% -39.3% -41.2% -50.1% -43.0% -49.2% -60.3% -35.9% 0.4% 54.4% 1.7% 93.1% -36.3% -2.6% -2.55%
Op. Income — 189.9% 6.5% 1.0% 2.3% -50.4% -73.1% -71.5% -81.5% -1.1% -1.4% -1.7% -3.3% -3.0% 5.1% 1.7% 1.9% 1.5% -10.2% -14.9% -14.92%
OCF Growth snapshot only -41.50%
Asset Growth snapshot only -17.49%
Equity Growth snapshot only -3.69%
Debt Growth snapshot only 11.12%
Shares Change snapshot only -0.01%
Dividend Growth snapshot only -48.14%
Growth (CAGR)
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Revenue 3Y — — — — — — — — — 59.5% 28.1% 10.6% -1.7% -4.0% -5.2% -4.6% -2.9% -2.0% -1.9% -4.2% -4.16%
Revenue 5Y — — — — — — — — — — — — — — — — — 32.7% 15.3% 4.3% 4.33%
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — — — 49.1% 3.2% -20.1% -38.1% -39.5% -32.3% -21.9% -13.9% -14.8% -28.5% — —
EBITDA 5Y — — — — — — — — — — — — — — — — — 32.6% -6.8% — —
Gross Profit 3Y — — — — — — — — — 21.5% -5.1% -20.9% -38.8% -40.3% -34.5% -24.3% -16.1% -13.7% -25.3% — —
Gross Profit 5Y — — — — — — — — — — — — — — — — — 19.3% -8.6% — —
Op. Income 3Y — — — — — — — — — — — — — — — -48.0% -27.5% -36.5% — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — 89.3% — — —
FCF 3Y — — — — — — — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — — -23.7% -20.8% -28.3% -38.1% -37.8% -41.6% -39.8% -8.3% 23.4% 46.0% -2.8% -2.81%
OCF 5Y — — — — — — — — — — — — — — — — — -6.2% -19.2% -36.3% -36.27%
Assets 3Y — — — — — — — — — -0.2% -0.8% -2.2% -3.0% -4.5% -3.8% -1.5% -2.5% -2.2% -6.7% -7.1% -7.13%
Assets 5Y — — — — — — — — — — — — — — — — — -1.3% -4.2% -5.1% -5.12%
Equity 3Y — — — — — — — — — -3.3% -8.7% -21.3% -26.6% -30.1% -31.4% -36.1% -27.3% -38.4% — — —
Book Value 3Y — — — — — — — — — -12.6% -14.3% -24.4% -26.7% -30.2% -31.5% -36.6% -27.4% -38.4% — — —
Dividend 3Y — — — — — — — — — -55.1% -53.6% -56.6% -14.6% -24.3% -37.7% -33.1% -26.5% -17.5% -9.9% -20.0% -20.01%
Growth Quality
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Revenue Stability — — — — — 0.74 0.59 0.47 0.00 0.51 0.39 0.23 0.29 0.93 0.84 0.74 0.47 0.58 0.57 0.31 0.311
Earnings Stability — — — — — 0.41 0.10 0.03 0.61 0.02 0.20 0.52 0.83 0.29 0.44 0.61 0.73 0.37 0.68 0.74 0.740
Margin Stability — — — — — 0.81 0.73 0.73 0.65 0.62 0.57 0.58 0.46 0.40 0.43 0.57 0.52 0.54 0.50 0.16 0.156
Rev. Growth Consistency 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.00 0.00 0.000
Earn. Growth Consistency 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.00 0.00 0.000
FCF Positive Streak 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence — — — — — 0.87 0.50 0.50 0.50 0.20 0.20 0.20 0.20 0.50 0.50 0.50 0.50 0.80 0.50 0.50 0.500
Earnings Smoothness — 0.00 0.00 0.29 0.88 0.60 0.26 0.04 0.00 — — — — — — — — — — — —
ROE Trend — — — — — 0.30 0.12 -0.06 -0.28 -0.50 -0.65 -0.78 -0.98 -0.76 -0.50 -0.40 -0.05 -0.45 — — —
Gross Margin Trend — — — — — -0.03 -0.05 -0.06 -0.07 -0.08 -0.07 -0.06 -0.07 -0.05 -0.02 0.00 0.03 0.03 -0.01 -0.07 -0.074
FCF Margin Trend — — — — — -0.20 -0.16 -0.13 -0.09 -0.04 -0.01 -0.01 -0.01 -0.00 -0.01 -0.02 0.01 0.01 -0.01 -0.02 -0.019
Sustainable Growth Rate 33.2% 58.9% 59.2% 51.9% 13.1% 2.7% -8.7% -22.8% 14.6% — — — — — — — — — — — —
Internal Growth Rate 7.8% 11.2% 11.8% 11.2% 2.3% 0.5% — — 1.7% — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
OCF/Net Income 1.82 0.88 0.87 1.00 0.87 0.47 0.24 0.39 1.00 -14.19 -2.88 -1.32 -0.70 -0.51 -0.57 -1.15 -6.37 -2.83 -0.26 -0.07 -0.069
FCF/OCF 0.68 0.51 0.50 0.54 0.29 -0.69 -3.87 -3.51 -1.52 -0.63 -0.13 -0.14 -0.44 -1.04 -1.88 -2.06 -0.31 -0.24 -0.77 -3.10 -3.101
FCF/Net Income snapshot only 0.214
CapEx/Revenue 4.5% 4.2% 4.2% 4.1% 4.8% 5.3% 5.7% 6.3% 6.2% 6.3% 6.1% 5.3% 5.0% 4.8% 5.7% 6.9% 7.5% 7.7% 6.9% 6.0% 5.98%
CapEx/Depreciation snapshot only 0.772
Accruals Ratio -0.06 0.01 0.01 0.00 0.01 0.04 0.04 0.02 0.00 -0.04 -0.07 -0.08 -0.08 -0.07 -0.05 -0.04 -0.07 -0.09 -0.21 -0.23 -0.231
Sloan Accruals snapshot only -0.706
Cash Flow Adequacy snapshot only 0.239
Dividends & Buybacks
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 13.6% 17.3% 21.2% 23.7% 3.7% 5.2% 6.8% 4.0% 2.5% 2.0% 0.9% 1.1% 1.3% 4.6% 12.2% 43.7% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $8.84 $9.04 $9.34 $9.62 $1.10 $1.13 $1.14 $0.91 $0.70 $0.49 $0.27 $0.27 $0.27 $0.27 $0.20 $0.14 $0.00
Payout Ratio 0.0% 0.0% 0.0% 0.0% 73.1% 92.6% 1.3% 1.9% 32.2% — — — — — — — — — — — —
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 2.9% — — — — — — — — — — — — — — — —
Total Payout Ratio 0.0% 0.0% 0.0% 0.0% 73.4% 92.9% 1.3% 1.9% 32.4% — — — — — — — — — — — —
Div. Increase Streak — — — — 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Chowder Number — — — — — — — — -0.84 -0.83 -0.81 -0.87 -0.35 -0.54 -0.75 -0.68 -0.59 -0.39 -0.14 -0.04 -0.044
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield -25.0% -15.9% -28.7% -0.1% -0.1% 0.0% -0.0% -0.0% -0.1% -0.1% -0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Shareholder Return -25.0% -15.9% -28.7% -0.1% 13.5% 17.3% 21.1% 23.7% 3.5% 5.0% 6.7% 4.0% 2.5% 2.0% 0.9% 1.1% 1.3% 4.6% 12.2% 43.7% 43.71%
DuPont Factors
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Tax Burden (NI/EBT) 0.66 0.66 0.69 0.76 0.78 0.81 0.79 0.66 0.65 0.66 0.59 0.61 0.63 0.64 0.70 0.93 1.79 1.00 0.88 0.85 0.845
Interest Burden (EBT/EBIT) 0.85 1.00 1.01 1.02 1.06 1.03 1.00 0.95 0.82 -0.18 17.36 2.74 2.15 2.44 5.19 -1.94 -0.19 -2.11 5.16 1.19 1.193
EBIT Margin 0.13 0.15 0.14 0.12 0.09 0.08 0.06 0.06 0.05 0.02 -0.00 -0.02 -0.04 -0.03 -0.01 0.01 0.03 0.01 -0.03 -0.21 -0.210
Asset Turnover 0.96 1.02 1.09 1.12 1.05 1.01 0.98 1.02 0.99 0.97 1.00 1.00 0.98 0.97 0.99 1.03 1.05 1.05 1.08 1.02 1.021
Equity Multiplier 4.58 5.85 5.62 5.14 5.92 5.47 5.52 6.84 8.83 8.89 9.97 9.32 9.92 10.70 11.57 12.73 13.90 16.20 -181.02 -21.52 -21.518
Per Share
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
EPS (Diluted TTM) $10.82 $14.94 $15.47 $14.41 $12.08 $9.76 $7.06 $5.01 $3.44 $-0.38 $-2.65 $-4.90 $-6.67 $-6.14 $-4.67 $-2.66 $-1.27 $-3.06 $-20.13 $-25.93 $-25.93
Book Value/Share $32.57 $35.70 $36.77 $25.94 $17.32 $18.36 $16.10 $14.81 $14.64 $13.70 $11.89 $14.53 $12.86 $12.13 $11.81 $6.60 $6.64 $4.29 $-12.96 $-17.77 $-17.28
Tangible Book/Share $11.08 $14.42 $15.70 $5.00 $-3.35 $-2.01 $-4.18 $-5.31 $-5.36 $-6.48 $-8.11 $-5.30 $-6.78 $-7.21 $-7.34 $-12.07 $-12.18 $-14.26 $-17.41 $-22.08 $-22.08
Revenue/Share $142.63 $151.58 $160.01 $159.54 $154.43 $147.83 $141.83 $141.16 $139.86 $140.20 $140.31 $138.20 $135.09 $133.44 $135.38 $135.36 $140.98 $138.76 $132.27 $122.69 $123.43
FCF/Share $13.32 $6.74 $6.76 $7.77 $3.09 $-3.18 $-6.46 $-6.92 $-5.21 $-3.40 $-1.00 $-0.87 $-2.06 $-3.26 $-5.01 $-6.28 $-2.47 $-2.06 $-3.98 $-5.54 $-5.58
OCF/Share $19.67 $13.17 $13.41 $14.38 $10.48 $4.61 $1.67 $1.97 $3.43 $5.41 $7.63 $6.46 $4.66 $3.15 $2.66 $3.06 $8.08 $8.65 $5.13 $1.79 $1.80
Cash/Share $4.26 $8.69 $10.62 $4.37 $7.42 $5.11 $3.43 $3.65 $1.63 $5.96 $6.58 $8.17 $5.25 $3.35 $2.47 $2.05 $2.39 $2.47 $0.89 $5.60 $5.64
EBITDA/Share $20.31 $25.49 $25.75 $22.41 $20.40 $17.39 $13.85 $13.47 $11.96 $8.86 $8.03 $6.95 $4.80 $5.61 $7.96 $10.43 $13.00 $10.73 $4.99 $-16.21 $-16.21
Debt/Share $43.13 $43.90 $43.79 $43.83 $60.80 $60.30 $60.41 $60.28 $60.99 $67.01 $66.81 $67.80 $68.17 $67.56 $67.40 $66.72 $67.59 $68.46 $67.66 $74.16 $74.16
Net Debt/Share $38.86 $35.22 $33.18 $39.46 $53.37 $55.19 $56.98 $56.63 $59.36 $61.05 $60.23 $59.63 $62.92 $64.21 $64.93 $64.68 $65.21 $65.99 $66.77 $68.55 $68.55
Academic Models
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — -0.749
Altman Z-Prime snapshot only -6.265
Piotroski F-Score 4 6 5 4 5 4 3 3 3 4 3 5 3 3 3 5 5 4 3 3 3
Beneish M-Score — -2.27 -2.27 -1.95 -2.50 -2.05 -1.23 -1.94 -2.29 -2.22 -2.40 -3.19 -1.85 -3.00 -2.96 -2.77 -3.13 -2.49 -5.04 -5.42 -5.416
Ohlson O-Score snapshot only -2.239
Net-Net WC snapshot only $-96.52
EVA snapshot only $-238929000.00
Credit
Metric Trend Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Current
Credit Rating snapshot only CCC
Credit Score 61.43 63.37 63.07 57.79 53.14 39.80 39.54 32.78 30.54 25.55 21.41 22.52 14.50 14.53 13.54 19.90 22.17 16.36 14.88 14.13 14.135
Credit Grade snapshot only 17
Credit Trend snapshot only -5.764
Implied Spread (bps) snapshot only 1200.000
Industry Credit Rank snapshot only 4
Sector Credit Rank snapshot only 4

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