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Not Investment Advice

WGNR OTC

Wegener Corporation
1W: +0.0% 1M: -31.6% 3M: -31.6% YTD: +62.5% 1Y: +60.5% 3Y: -18.8% 5Y: -18.8%
$0.01
+0.00 (+0.00%)
 
OTC · Technology · Communication Equipment · Tech Score Neutral · Power 46 · $352912 mcap · 20M float · 0.101% daily turnover · Short 55% of daily vol

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.

★ ★ ★ ★ ★ 6 Grade D
Profitability
20
Balance Sheet
17
Earnings Quality
42
Growth
12
Value
15
Momentum
20
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. WGNR scores highest in Earnings Quality (42/100) and lowest in Safety (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
-286.76
Distress Zone
Piotroski F-Score
4/9
✗ ✓ ✗ ✓ ✗ ✗ ✗ ✓ ✓
Beneish M-Score
-4236.90
Unlikely Manipulator
Ohlson O-Score
1291.75
Bankruptcy prob: 100.0%
High Risk
Credit Rating
CCC
Score: 16.8/100
Trend: Improving
Earnings Quality
—
OCF/NI: -0.29x
Accruals: -83.4%
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. WGNR scores -286.76, 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. WGNR scores 4/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. 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. WGNR's score of -4236.90 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. WGNR's implied 100.0% bankruptcy probability signals significant financial distress. 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. WGNR receives an estimated rating of CCC (score: 16.8/100), with a improving 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
1.40x
PEG
0.01x
P/S
0.14x
P/B
-0.07x
P/FCF
-3.28x
P/OCF
0.57x
EV/EBITDA
-0.46x
EV/Revenue
0.07x
EV/EBIT
-0.19x
EV/FCF
-3.31x
Earnings Yield
-595.51%
FCF Yield
-30.46%
Shareholder Yield
0.00%
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. At 1.4x earnings, WGNR trades at a deep value multiple.

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
3967.493
NI / EBT
×
Interest Burden
0.000
EBT / EBIT
×
EBIT Margin
-0.366
EBIT / Rev
×
Asset Turnover
1.555
Rev / Assets
×
Equity Multiplier
-4.883
Assets / Equity
=
ROE
314.7%
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. WGNR's ROE of 314.7% is driven by Asset Turnover (1.555), indicating efficient use of assets to generate revenue. A tax burden ratio of 3967.49 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

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
$0.01
Median 1Y
$0.00
5th Pctile
$0.00
95th Pctile
$0.04
Ann. Volatility
258.5%
25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
C. Troy Woodbury,
Jr. , President and Chief Executive Officer
$129,532 $50,000 $212,646
James T. Traicoff
, Chief Financial Officer and Treasurer
$91,910 $12,500 $117,760
Robert A. Placek
, Chairman of the Board
$89,539 $— $92,188

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

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 Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
ROE 3.8% 15.6% -8.5% 8.3% -19.1% -26.2% -36.0% -74.8% -1.0% -1.4% -1.7% -2.3% -2.6% 10.3% 2.7% 1.8% 1.8% 90.8% 86.5% 3.1% 3.15%
ROA 1.3% 5.8% -2.7% 2.9% -6.3% -8.7% -9.9% -22.9% -22.6% -27.1% -26.1% -25.8% -15.7% -21.0% -22.2% -18.7% -30.3% -24.1% -35.0% -64.5% -64.45%
ROIC 6.3% 12.1% -2.3% 7.2% -6.9% -10.4% -14.4% -39.3% -35.0% -49.7% -44.7% -41.7% -19.7% -38.0% -48.7% -38.0% -1.6% -70.9% -76.0% 1069.7% 1069.66%
ROCE 7.4% 18.1% -4.5% 11.3% -16.8% -25.8% -38.6% -1.1% -1.9% -4.0% -11.9% 14.0% 5.5% 1.3% 91.9% 74.0% 82.1% 48.9% 50.9% 393.8% 393.83%
Gross Margin 41.1% 38.1% 36.4% 40.6% 26.9% 34.1% 29.8% 28.4% 22.1% 30.0% 35.5% 31.2% 38.9% 20.5% 27.8% 44.2% 12.4% 32.1% 9.7% 1.0% 1.00%
Operating Margin -0.1% 5.5% -16.7% 17.0% -49.7% 0.9% -29.0% -17.7% -47.6% -16.8% -17.4% -6.8% 2.1% -61.4% -18.3% 4.9% -55.2% -11.7% -54.1% -50.9% -50.95%
Net Margin -1.0% 5.0% -17.6% 16.1% -51.3% 0.2% -30.0% -18.7% -51.6% -22.2% -23.4% -12.2% -0.9% -67.7% -22.7% 1.3% -62.0% -15.4% -59.0% -50.9% -50.95%
EBITDA Margin 9.1% 12.6% -6.2% 25.3% -33.2% 9.2% -16.9% -6.4% -30.8% -5.4% -3.7% 2.0% 11.7% -42.7% -5.7% 15.9% -34.9% 0.2% -20.0% 0.0% 0.00%
FCF Margin -10.6% -3.9% 0.6% -3.9% -18.6% -16.3% -15.2% -7.1% -4.3% -0.9% -3.4% -9.2% 2.2% -2.8% -1.3% -1.7% 4.8% -4.2% -0.9% -2.1% -2.12%
OCF Margin -2.6% 3.5% 8.4% 3.6% -9.8% -7.9% -7.3% 0.9% 3.6% 8.0% 5.9% 0.8% 11.3% 7.3% 9.0% 8.6% 17.3% 6.9% 9.1% 12.2% 12.22%
ROA 3Y Avg snapshot only -199.68%
ROIC Economic snapshot only 1069.66%
Cash ROA snapshot only 176.45%
NOPAT Margin snapshot only -28.94%
Pretax Margin snapshot only -0.01%
R&D / Revenue snapshot only 22.22%
SGA / Revenue snapshot only 34.15%
SBC / Revenue snapshot only 0.49%
Valuation
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
P/E Ratio 71.73 17.16 -41.85 19.14 -5.33 -1.86 -2.89 -1.14 -0.97 -0.65 -0.75 -0.55 -1.03 -1.24 -0.40 -0.36 -0.26 -0.27 -0.51 -0.17 1.398
P/S Ratio 0.52 0.49 0.67 0.34 0.22 0.12 0.23 0.23 0.19 0.19 0.21 0.14 0.14 0.25 0.08 0.06 0.08 0.05 0.15 0.07 0.136
P/B Ratio 2.62 2.48 3.72 1.53 1.13 0.56 1.27 1.36 1.97 2.83 10.37 -9.60 -8.83 -2.20 -0.48 -0.35 -0.25 -0.17 -0.31 -74.86 -0.074
P/FCF -4.92 -12.72 113.43 -8.72 -1.16 -0.75 -1.50 -3.32 -4.45 -21.36 -6.03 -1.54 6.33 -8.85 -5.85 -3.36 1.63 -1.30 -16.61 -3.28 -3.283
P/OCF — 14.17 7.93 9.52 — — — 24.81 5.28 2.35 3.49 17.71 1.24 3.38 0.87 0.66 0.46 0.79 1.59 0.57 0.570
EV/EBITDA 4.81 4.46 9.35 3.84 6.31 7.41 13.23 -5.55 -7.22 -3.91 -5.68 -6.58 25.50 -20.96 -13.29 994.86 -4.68 -22.34 -10.87 -0.46 -0.463
EV/Revenue 0.56 0.56 0.76 0.43 0.39 0.33 0.45 0.46 0.51 0.54 0.60 0.55 0.50 0.67 0.49 0.47 0.51 0.55 0.62 0.07 0.070
EV/EBIT 37.75 15.71 -94.51 16.97 -12.15 -5.89 -6.46 -2.33 -2.77 -2.05 -2.55 -2.65 -5.79 -4.48 -3.23 -3.91 -2.01 -3.51 -2.58 -0.19 -0.192
EV/FCF -5.26 -14.61 128.98 -10.95 -2.10 -2.02 -2.94 -6.44 -11.78 -61.60 -17.67 -5.93 22.87 -24.01 -36.49 -27.63 10.68 -13.15 -70.75 -3.31 -3.315
Earnings Yield 1.4% 5.8% -2.4% 5.2% -18.8% -53.7% -34.6% -87.7% -1.0% -1.5% -1.3% -1.8% -97.0% -80.5% -2.5% -2.8% -3.9% -3.7% -2.0% -6.0% -5.96%
FCF Yield -20.3% -7.9% 0.9% -11.5% -86.3% -1.3% -66.7% -30.1% -22.5% -4.7% -16.6% -65.1% 15.8% -11.3% -17.1% -29.7% 61.2% -76.7% -6.0% -30.5% -30.46%
PEG Ratio snapshot only 0.014
EV/OCF snapshot only 0.575
EV/Gross Profit snapshot only 0.356
Shareholder Yield snapshot only 0.00%
Leverage & Solvency
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Current Ratio 1.07 1.11 1.00 1.12 1.00 1.01 0.92 0.85 0.74 0.71 0.65 0.62 0.61 0.55 0.52 0.49 0.45 0.37 0.34 0.24 0.240
Quick Ratio 0.52 0.58 0.40 0.38 0.25 0.31 0.26 0.24 0.23 0.28 0.25 0.25 0.35 0.32 0.31 0.32 0.27 0.17 0.17 0.16 0.155
Debt/Equity 0.18 0.37 0.51 0.39 0.92 0.96 1.23 1.28 3.31 6.35 23.23 -29.24 -24.13 -4.18 -2.80 -2.86 -1.81 -1.57 -1.11 -0.81 -0.807
Net Debt/Equity 0.18 0.37 0.51 0.39 0.92 0.96 1.22 1.28 3.24 5.34 20.01 — — — — — — — — — —
Debt/Assets 0.07 0.14 0.15 0.14 0.27 0.28 0.31 0.29 0.43 0.46 0.50 0.46 0.47 0.53 0.55 0.58 0.59 0.70 0.78 1.08 1.083
Debt/EBITDA 0.31 0.58 1.13 0.79 2.84 4.69 6.51 -2.69 -4.59 -3.03 -4.34 -5.19 19.28 -14.70 -12.53 983.80 -5.15 -20.46 -9.17 -0.00 -0.005
Net Debt/EBITDA 0.31 0.58 1.13 0.78 2.84 4.68 6.49 -2.69 -4.49 -2.55 -3.74 -4.88 18.44 -13.23 -11.16 873.72 -3.96 -20.12 -8.32 -0.00 -0.004
Interest Coverage — — — — — -29.47 -17.19 -27.42 -13.24 -10.08 -6.02 -3.90 -1.80 -3.04 -3.35 -3.00 -5.18 -3.60 -5.39 -7.60 -7.599
Equity Multiplier 2.75 2.64 3.42 2.76 3.38 3.46 4.00 4.37 7.66 13.69 46.86 -63.49 -50.85 -7.86 -5.13 -4.90 -3.06 -2.23 -1.42 -0.74 -0.745
Cash Ratio snapshot only 0.056
Debt Service Coverage snapshot only -3.148
Cash to Debt snapshot only 0.121
FCF to Debt snapshot only -28.263
Defensive Interval snapshot only 0.1 days
Efficiency & Turnover
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Asset Turnover 1.84 2.01 1.68 1.65 1.56 1.34 1.25 1.11 1.15 0.93 0.95 1.00 1.16 1.06 1.12 1.16 0.99 1.21 1.23 1.55 1.555
Inventory Turnover 3.24 3.59 2.71 2.71 2.23 2.07 1.80 1.64 1.63 1.47 1.49 1.64 2.12 2.10 2.38 2.54 2.80 3.03 3.43 5.94 5.938
Receivables Turnover 7.77 6.93 5.63 5.28 6.64 5.04 5.66 5.57 7.05 5.25 5.77 5.55 4.86 5.08 5.18 4.94 3.92 4.99 5.05 5.51 5.509
Payables Turnover 5.47 8.04 6.00 8.40 6.74 4.67 4.31 4.47 6.67 3.31 3.56 3.05 4.43 3.42 3.41 3.01 3.05 3.34 2.90 5.01 5.010
DSO 47 53 65 69 55 72 65 66 52 70 63 66 75 72 71 74 93 73 72 66 66.3 days
DIO 113 102 135 135 163 176 203 223 223 248 244 222 172 174 154 144 131 121 106 61 61.5 days
DPO 67 45 61 43 54 78 85 82 55 110 103 120 82 107 107 121 120 109 126 73 72.9 days
Cash Conversion Cycle 93 109 139 160 164 170 183 207 220 208 205 168 165 139 117 96 104 84 53 55 54.9 days
Fixed Asset Turnover snapshot only 4583.872
Operating Cycle snapshot only 127.7 days
Cash Velocity snapshot only 11022.696
Capital Intensity snapshot only 0.001
Growth (YoY)
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Revenue 7.9% 16.2% 9.1% -0.2% -13.8% -29.8% -30.4% -41.1% -34.8% -39.3% -39.3% -29.5% -18.6% -10.3% -0.3% 2.1% -24.6% -6.6% -11.3% -37.8% -37.81%
Net Income 1.0% 1.3% 84.0% 1.5% -5.8% -2.6% -2.4% -7.8% -2.2% -1.7% -1.1% 11.2% 43.9% 38.7% 28.5% 36.6% -70.3% 6.0% -27.6% -60.2% -60.17%
EPS 1.0% 1.3% 83.9% 1.5% -5.8% -2.6% -2.4% -7.8% -2.2% -1.7% -1.1% 11.2% 43.9% 41.0% 31.2% 38.7% -63.8% 6.0% -27.6% -59.4% -59.39%
FCF -3.3% -9.5% 1.1% 71.2% -51.0% -2.0% -18.9% -6.4% 84.9% 96.7% 86.3% 8.1% 1.4% -1.8% 60.7% 81.1% 64.7% -39.8% 42.3% 22.8% 22.77%
EBITDA 6.4% 7.4% 4.3% 41.1% -54.0% -75.3% -71.1% -1.4% -1.7% -2.9% -2.9% 28.6% 1.2% 79.4% 65.4% 1.0% -5.2% 28.2% -36.7% -200.0% -199.98%
Op. Income 1.1% 1.4% 91.6% 1.9% -2.9% -2.1% -5.0% -5.6% -2.7% -1.9% -1.1% 25.7% 61.2% 49.3% 35.8% 40.2% -1.2% 2.2% -39.8% -88.7% -88.67%
OCF Growth snapshot only -12.07%
Asset Growth snapshot only -99.95%
Debt Growth snapshot only -99.90%
Shares Change snapshot only 0.49%
Growth (CAGR)
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Revenue 3Y 3.3% 3.5% 1.5% -0.6% -2.8% -3.9% -10.3% -14.7% -15.3% -20.9% -22.8% -25.5% -22.9% -27.4% -25.0% -24.9% -26.3% -20.2% -18.7% -23.5% -23.50%
Revenue 5Y 0.4% 2.7% 1.1% 1.3% -2.1% -4.0% -4.3% -6.9% -9.1% -13.9% -15.1% -16.4% -13.4% -13.5% -15.3% -14.9% -17.9% -16.1% -16.4% -23.4% -23.44%
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y -12.8% 31.8% — 33.8% — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y -12.3% 32.4% — 34.3% — — — — — — — — — — — — — — — — —
EBITDA 3Y — 76.1% -34.6% — — — — — — — — — -57.3% — — -87.8% — — — — —
EBITDA 5Y 3.4% 9.9% 3.8% 13.5% -2.1% 13.1% — — — — — — — — — — — — — — —
Gross Profit 3Y 12.4% 8.0% 4.9% 1.8% -1.2% -1.9% -10.3% -16.2% -15.7% -24.4% -25.1% -29.4% -26.2% -30.9% -30.1% -27.8% -32.0% -23.6% -24.9% -33.8% -33.78%
Gross Profit 5Y 3.4% 5.5% 3.1% 2.3% -1.4% -2.6% -1.9% -4.4% -9.3% -17.0% -18.1% -19.6% -13.9% -13.9% -16.9% -13.5% -18.6% -16.5% -19.1% -31.8% -31.79%
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y -8.5% 25.3% — — — — — — — — — — — — — — — — — — —
FCF 3Y — — -32.4% — — — — — — — — — — — — — — — — — —
FCF 5Y — — -38.7% — — — — — — — — — -25.6% — — — -18.2% — — — —
OCF 3Y — — 27.6% -22.6% — — — -58.1% -48.0% -23.0% 37.3% — — -7.0% -23.3% 0.7% — — — 79.5% 79.45%
OCF 5Y — -21.9% -6.3% -15.5% — — — — — — -9.2% -46.7% -3.3% 25.3% — -13.5% -16.2% -20.0% 28.7% — —
Assets 3Y -13.8% -12.8% -9.0% 1.1% -2.9% -2.0% -7.5% -5.0% -8.1% -6.3% -12.1% -13.3% -12.5% -13.6% -16.5% -18.0% -16.1% -21.5% -20.6% -92.6% -92.56%
Assets 5Y -8.2% -8.0% -7.4% -6.2% -8.4% -6.4% -8.8% -11.4% -13.4% -13.3% -13.5% -8.2% -9.6% -9.6% -10.8% -8.1% -9.5% -11.6% -15.5% -80.2% -80.17%
Equity 3Y -31.7% -30.3% -33.3% -15.5% -21.0% -16.6% -24.6% -24.5% -33.8% -44.9% -65.0% — — — — — — — — — —
Book Value 3Y -31.6% -29.8% -33.5% -15.6% -21.2% -16.7% -24.4% -24.5% -34.0% -45.0% -64.9% — — — — — — — — — —
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Revenue Stability 0.01 0.14 0.10 0.31 0.17 0.02 0.10 0.10 0.39 0.51 0.61 0.71 0.73 0.59 0.80 0.77 0.91 0.91 0.91 0.93 0.932
Earnings Stability 0.09 0.02 0.04 0.04 0.01 0.02 0.02 0.21 0.14 0.05 0.07 0.23 0.38 0.24 0.30 0.00 0.01 0.07 0.18 0.37 0.373
Margin Stability 0.89 0.93 0.93 0.93 0.91 0.93 0.91 0.86 0.87 0.88 0.90 0.89 0.90 0.89 0.89 0.89 0.89 0.91 0.91 0.79 0.793
Rev. Growth Consistency 0.50 1.00 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 0.00 1.00 0.00 0.00 0.000
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0
Earnings Persistence 0.20 0.20 0.50 0.20 0.20 0.20 0.50 0.20 0.50 0.50 0.50 0.50 0.82 0.85 0.89 0.85 0.50 0.98 0.89 0.50 0.500
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend 0.87 1.05 0.71 0.45 0.16 -0.09 -0.14 -1.15 -1.93 -4.30 -13.60 — — — — — — — — — —
Gross Margin Trend 0.06 0.05 0.05 0.05 0.02 0.01 -0.01 -0.07 -0.08 -0.09 -0.07 -0.05 0.01 0.01 -0.01 0.05 -0.03 0.01 -0.03 -0.13 -0.126
FCF Margin Trend -0.15 -0.02 0.09 0.03 -0.16 -0.12 -0.11 0.02 0.10 0.09 0.04 -0.04 0.14 0.06 0.08 0.06 0.06 -0.02 0.02 0.03 0.033
Sustainable Growth Rate 3.8% 15.6% — 8.3% — — — — — — — — — — — — — — — — —
Internal Growth Rate 1.4% 6.1% — 3.0% — — — — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
OCF/Net Income -3.61 1.21 -5.28 2.01 2.44 1.20 0.92 -0.05 -0.18 -0.28 -0.21 -0.03 -0.84 -0.37 -0.46 -0.54 -0.57 -0.34 -0.32 -0.29 -0.295
FCF/OCF 4.03 -1.11 0.07 -1.09 1.89 2.07 2.09 -7.47 -1.19 -0.11 -0.58 -11.53 0.20 -0.38 -0.15 -0.20 0.28 -0.61 -0.10 -0.17 -0.173
FCF/Net Income snapshot only 0.051
CapEx/Revenue 8.0% 7.3% 7.8% 7.5% 8.7% 8.4% 7.9% 8.0% 7.9% 8.9% 9.3% 10.0% 9.1% 10.1% 10.4% 10.3% 12.5% 11.0% 10.0% 14.3% 14.34%
CapEx/Depreciation snapshot only 0.668
Accruals Ratio 0.06 -0.01 -0.17 -0.03 0.09 0.02 -0.01 -0.24 -0.27 -0.35 -0.32 -0.27 -0.29 -0.29 -0.32 -0.29 -0.47 -0.32 -0.46 -0.83 -0.834
Sloan Accruals snapshot only 0.883
Cash Flow Adequacy snapshot only 0.852
Dividends & Buybacks
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 0.0% 0.0% — 0.0% — — — — — — — — — — — — — — — — —
FCF Payout Ratio — — 0.0% — — — — — — — — — 0.0% — — — 0.0% — — — —
Total Payout Ratio 0.0% 0.0% — 0.0% — — — — — — — — — — — — — — — — —
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield 0.0% 0.0% 0.0% 0.0% -35.4% -70.7% -41.5% -48.2% 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%
Total Shareholder Return 0.0% 0.0% 0.0% 0.0% -35.4% -70.7% -41.5% -48.2% 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%
DuPont Factors
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Tax Burden (NI/EBT) 1.00 1.98 0.54 0.37 6.51 9.33 -1.93 2.18 — — — — — — — — — — — 3967.49 3967.493
Interest Burden (EBT/EBIT) 0.49 0.40 3.68 1.89 0.19 0.13 -0.59 0.48 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00 0.000
EBIT Margin 0.01 0.04 -0.01 0.03 -0.03 -0.06 -0.07 -0.20 -0.18 -0.26 -0.24 -0.21 -0.09 -0.15 -0.15 -0.12 -0.26 -0.16 -0.24 -0.37 -0.366
Asset Turnover 1.84 2.01 1.68 1.65 1.56 1.34 1.25 1.11 1.15 0.93 0.95 1.00 1.16 1.06 1.12 1.16 0.99 1.21 1.23 1.55 1.555
Equity Multiplier 2.80 2.71 3.19 2.83 3.03 3.00 3.66 3.27 4.44 5.06 6.70 8.73 16.57 -49.36 -12.24 -9.66 -6.06 -3.77 -2.47 -4.88 -4.883
Per Share
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
EPS (Diluted TTM) $0.01 $0.05 $-0.03 $0.03 $-0.06 $-0.09 $-0.09 $-0.21 $-0.19 $-0.23 $-0.20 $-0.18 $-0.11 $-0.14 $-0.14 $-0.11 $-0.17 $-0.13 $-0.18 $-0.18 $-0.18
Book Value/Share $0.34 $0.37 $0.31 $0.38 $0.28 $0.28 $0.22 $0.17 $0.09 $0.05 $0.01 $-0.01 $-0.01 $-0.08 $-0.12 $-0.11 $-0.18 $-0.21 $-0.29 $-0.00 $-0.18
Tangible Book/Share $0.21 $0.28 $0.22 $0.28 $0.19 $0.19 $0.12 $0.07 $-0.01 $-0.05 $-0.09 $-0.11 $-0.11 $-0.17 $-0.21 $-0.21 $-0.28 $-0.30 $-0.35 $-0.00 $-0.00
Revenue/Share $1.72 $1.87 $1.73 $1.70 $1.49 $1.32 $1.20 $1.00 $0.97 $0.80 $0.73 $0.71 $0.79 $0.69 $0.70 $0.70 $0.57 $0.64 $0.62 $0.43 $0.10
FCF/Share $-0.18 $-0.07 $0.01 $-0.07 $-0.28 $-0.21 $-0.18 $-0.07 $-0.04 $-0.01 $-0.02 $-0.07 $0.02 $-0.02 $-0.01 $-0.01 $0.03 $-0.03 $-0.01 $-0.01 $0.05
OCF/Share $-0.05 $0.06 $0.15 $0.06 $-0.15 $-0.10 $-0.09 $0.01 $0.04 $0.06 $0.04 $0.01 $0.09 $0.05 $0.06 $0.06 $0.10 $0.04 $0.06 $0.05 $0.05
Cash/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.01 $0.05 $0.05 $0.02 $0.01 $0.03 $0.04 $0.04 $0.07 $0.01 $0.03 $0.00 $0.01
EBITDA/Share $0.20 $0.24 $0.14 $0.19 $0.09 $0.06 $0.04 $-0.08 $-0.07 $-0.11 $-0.08 $-0.06 $0.02 $-0.02 $-0.03 $0.00 $-0.06 $-0.02 $-0.04 $-0.07 $-0.07
Debt/Share $0.06 $0.14 $0.16 $0.15 $0.26 $0.27 $0.26 $0.22 $0.31 $0.34 $0.34 $0.30 $0.30 $0.32 $0.32 $0.32 $0.32 $0.32 $0.32 $0.00 $0.00
Net Debt/Share $0.06 $0.14 $0.16 $0.15 $0.26 $0.27 $0.26 $0.22 $0.30 $0.28 $0.29 $0.29 $0.29 $0.29 $0.29 $0.29 $0.25 $0.32 $0.29 $0.00 $0.00
Academic Models
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — -286.759
Altman Z-Prime snapshot only -3541.507
Piotroski F-Score 5 6 7 7 1 1 2 3 3 3 4 5 5 3 4 5 2 4 4 4 4
Beneish M-Score -1.46 -1.95 -3.51 -3.14 -2.37 -2.80 -2.91 -4.14 -4.07 -4.78 -4.63 -3.81 -3.56 -2.87 -3.25 -3.81 -4.18 -4.34 -4.90 -4236.90 -4236.903
Ohlson O-Score snapshot only 1291.749
Net-Net WC snapshot only $-0.00
Credit
Metric Trend Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q2'13 Current
Credit Rating snapshot only CCC
Credit Score 45.28 52.66 33.99 48.15 23.17 12.04 8.51 15.81 11.25 11.10 10.77 14.13 9.11 14.94 14.97 7.43 16.94 14.14 14.69 16.84 16.837
Credit Grade snapshot only 17
Credit Trend snapshot only 9.406
Implied Spread (bps) snapshot only 1200.000
Industry Credit Rank snapshot only 6
Sector Credit Rank snapshot only 5

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