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POLYCOM INC (PLCM) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $11.22 Metrics
OS: 135.8 M 2 % ROE
Market cap: $1.52 B 29 % ROIC
Net cash: $490 M $3.61 per share
EV: $1.03 B

 
TTM Valuation
EBITDA $121 M 8.5 x EV/EBITDA
EBIT $63.9 M 16.2 x EV/EBIT
EPS $0.16 68.5 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
Revenues1,267.21,345.21,368.41,392.61,402.21,118.9967.01,069.3
            Revenue growth-5.8%-1.7%-1.7%-0.7%25.3%15.7%-9.6%15.0%
Cost of goods sold1,066.41,130.11,161.61,168.51,093.4881.3915.0450.3
Gross profit200.8215.1206.8224.1308.8237.652.0619.0
            Gross margin15.8%16.0%15.1%16.1%22.0%21.2%5.4%57.9%
Sales and marketing349.7388.8435.0464.4428.8371.5285.3303.4
Research and development191.5196.5216.0208.5190.3138.0117.6135.3
General and administrative88.699.996.698.381.773.454.060.2
EBITA109.4102.851.128.4164.089.690.0120.1
            EBITA margin8.6%7.6%3.7%2.0%11.7%8.0%9.3%11.2%
Amortization of intangibles10.512.919.8 21.71.45.87.1
EBIT98.989.931.328.4142.288.284.2113.0
            EBIT margin7.8%6.7%2.3%2.0%10.1%7.9%8.7%10.6%
Pre-tax income85.943.0-22.22.5131.278.867.697.5
Income taxes15.91.0-3.739.56.212.217.721.9
            Tax rate18.6%2.2%16.5%1579.9%4.7%15.4%26.2%22.4%
Earnings from continuing ops70.042.1-18.5-37.0124.966.749.975.7
Earnings from discontinued ops  0.545.39.91.8  
Net income70.042.1-18.18.3134.868.449.975.7
            Net margin5.5%3.1%-1.3%0.6%9.6%6.1%5.2%7.1%
 
Diluted EPS$0.51$0.30($0.11)($0.21)$0.69$0.38$0.29$0.87
Shares outstanding (diluted)137.4142.0167.3176.9181.2176.4171.187.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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