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5.51 (1y: -18%)
Market Cap 276.26 M P/E(ttm)
Enterprise Value 148.52 M P/B 1.30
LTXC- NAS (USA)
LTX-Credence Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$5.51
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt No Debt
LTXC's Cash to Debt is ranked lower than
140056% of the 714 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 7.36 vs. LTXC: No Debt )
LTXC' s 10-Year Cash to Debt Range
Min: 0.73   Max: No Debt
Current: No Debt
Equity to Asset 0.635
LTXC's Equity to Asset is ranked lower than
142653% of the 701 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 0.60 vs. LTXC: 0.635 )
LTXC' s 10-Year Equity to Asset Range
Min: 0.14   Max: 0.76
Current: 0.64
0.14
0.76
Interest Coverage No Debt
LTXC's Interest Coverage is ranked lower than
200803% of the 498 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 10000.00 vs. LTXC: No Debt )
LTXC' s 10-Year Interest Coverage Range
Min: 2   Max: No Debt
Current: No Debt
F-Score: 2
Z-Score: 2.17
M-Score: -2.05
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) -16.60
LTXC's Operating margin (%) is ranked lower than
230415% of the 434 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 8.90 vs. LTXC: -16.60 )
LTXC' s 10-Year Operating margin (%) Range
Min: -118.9   Max: 18.5
Current: -16.6
-118.9
18.5
Net-margin (%) -15
LTXC's Net-margin (%) is ranked lower than
239234% of the 418 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 7.50 vs. LTXC: -15 )
LTXC' s 10-Year Net-margin (%) Range
Min: -123.6   Max: 25.8
Current: -15
-123.6
25.8
ROE (%) -9.2
LTXC's ROE (%) is ranked lower than
241546% of the 414 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 8.50 vs. LTXC: -9.2 )
LTXC' s 10-Year ROE (%) Range
Min: -146.4   Max: 25
Current: -9.2
-146.4
25
ROA (%) -7.4
LTXC's ROA (%) is ranked lower than
242131% of the 413 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 5.70 vs. LTXC: -7.4 )
LTXC' s 10-Year ROA (%) Range
Min: -49.9   Max: 19.9
Current: -7.4
-49.9
19.9
ROC (Joel Greenblatt) (%) -49.30
LTXC's ROC (Joel Greenblatt) (%) is ranked lower than
239234% of the 418 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 18.10 vs. LTXC: -49.30 )
LTXC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -327.3   Max: 105.4
Current: -49.3
-327.3
105.4
Revenue Growth (%) -5.5
LTXC's Revenue Growth (%) is ranked lower than
401606% of the 249 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 10.50 vs. LTXC: -5.5 )
LTXC' s 10-Year Revenue Growth (%) Range
Min: -24.6   Max: 9.7
Current: -5.5
-24.6
9.7
EBITDA Growth (%) -45.6
LTXC's EBITDA Growth (%) is ranked lower than
684931% of the 146 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 18.90 vs. LTXC: -45.6 )
LTXC' s 10-Year EBITDA Growth (%) Range
Min: -45.6   Max: 50.8
Current: -45.6
-45.6
50.8
EPS Growth (%) -41.4
LTXC's EPS Growth (%) is ranked lower than
990098% of the 101 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 24.20 vs. LTXC: -41.4 )
LTXC' s 10-Year EPS Growth (%) Range
Min: -73.9   Max: -8.4
Current: -41.4
-73.9
-8.4
ยป LTXC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

LTXC Guru Trades in Q2 2012

Chuck Royce 1,456,606 sh (+153.94%)
Jim Simons 1,257,000 sh (-10.91%)
» More
Q3 2012

LTXC Guru Trades in Q3 2012

Chuck Royce 1,751,606 sh (+20.25%)
Jim Simons 1,111,900 sh (-11.54%)
» More
Q4 2012

LTXC Guru Trades in Q4 2012

Chuck Royce 1,771,914 sh (+1.16%)
Jim Simons 1,029,100 sh (-7.45%)
» More
Q1 2013

LTXC Guru Trades in Q1 2013

Chuck Royce 1,941,914 sh (+9.59%)
Jim Simons 899,400 sh (-12.6%)
» More
» Details

Insider Trades

Latest Guru Trades with LTXC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2012-03-31 Sold Out 0.01%$5.42 - $7.72 $ 5.51-14%0
Joel Greenblatt 2011-09-30 Add 70.56%0.01%$5.33 - $9.29 $ 5.51-18%18260
Joel Greenblatt 2011-03-31 New Buy0.03%$7.32 - $9.71 $ 5.51-36%11998
George Soros 2010-09-30 Sold Out $1.67 - $3.1 $ 5.51134%0
Richard Perry 2010-06-30 Sold Out 0.45%$7.68 - $11.01 $ 5.51-42%0
George Soros 2010-06-30 New Buy$7.68 - $11.01 $ 5.51-42%34900
Richard Perry 2010-03-31 New Buy0.45%$5.34 - $9.36 $ 5.51-28%5000000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 1.30
LTXC's P/B is ranked lower than
141243% of the 708 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.40 vs. LTXC: 1.30 )
LTXC' s 10-Year P/B Range
Min: 0.14   Max: 14.25
Current: 1.3
0.14
14.25
P/S 1.75
LTXC's P/S is ranked lower than
139082% of the 719 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.33 vs. LTXC: 1.75 )
LTXC' s 10-Year P/S Range
Min: 0.1   Max: 9.08
Current: 1.75
0.1
9.08
EV-to-EBIT 22.2
LTXC's EV-to-EBIT is ranked lower than
203252% of the 492 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 16.62 vs. LTXC: 22.2 )
LTXC' s 10-Year EV-to-EBIT Range
Min: 2.3   Max: 111.2
Current: 22.2
2.3
111.2

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 3
LTXC's Price/Net Cash is ranked lower than
389105% of the 257 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 7.50 vs. LTXC: 3 )
LTXC' s 10-Year Price/Net Cash Range
Min: 3.3   Max: 27
Current: 3
3.3
27
Price/Net Current Asset Value 6.5
LTXC's Price/Net Current Asset Value is ranked lower than
152207% of the 657 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 11.30 vs. LTXC: 6.5 )
LTXC' s 10-Year Price/Net Current Asset Value Range
Min: 3.2   Max: 13.4
Current: 6.5
3.2
13.4
Price/Tangible Book 1.5
LTXC's Price/Tangible Book is ranked lower than
142857% of the 700 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.50 vs. LTXC: 1.5 )
LTXC' s 10-Year Price/Tangible Book Range
Min: 1.3   Max: 5.8
Current: 1.5
1.3
5.8
Price/DCF (Projected) 1.3
LTXC's Price/DCF (Projected) is ranked lower than
694444% of the 144 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.30 vs. LTXC: 1.3 )
LTXC' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 25.5
Current: 1.3
1.3
25.5
Price/Median PS Value 0.9
LTXC's Price/Median PS Value is ranked lower than
151745% of the 659 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.10 vs. LTXC: 0.9 )
LTXC' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 2.1
Current: 0.9
0.4
2.1
Earnings Yield (Greenblatt) 4.50
LTXC's Earnings Yield (Greenblatt) is ranked lower than
195695% of the 511 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 5.80 vs. LTXC: 4.50 )
LTXC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.9   Max: 43.3
Current: 4.5
0.9
43.3
Forward Rate of Return (Yacktman) 0.4
LTXC's Forward Rate of Return (Yacktman) is ranked lower than
649350% of the 154 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 5.84 vs. LTXC: 0.4 )
LTXC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -27.1   Max: 3.8
Current: 0.4
-27.1
3.8

Business Description

LTX-Credence Corporation was incorporated in Massachusetts in 1976. On August 29, 2008, LTX Corporation and Credence Systems Corporation completed a merger. In connection with the merger, LTX Corporation changed its name to 'LTX-Credence Corporation'. The Company designs, manufactures, markets and services ATE solutions that addresses the divergent test requirements of the wireless, computing, automotive and digital consumer market segments. Semiconductor designers and manufacturers worldwide use its equipment to test their devices during the manufacturing process. After testing, these devices are then incorporated in a range of products, including computers, mobile internet equipment such as wireless access points and interfaces, broadband access products such as cable modems and DSL modems, personal communication products such as cell phones and personal digital assistants, consumer products such as televisions, videogame systems, digital cameras and automobile electronics, and for power management in portable and automotive electronics. The Company also sells hardware and software support and maintenance services for its test systems. Its objective is to be the supplier of focused cost-optimized ATE solutions for the wireless, computing, automotive and digital consumer markets. The Company's product portfolio consists of four segment focused, scalable platforms: the Sapphire platform provides optimized performance for CPU, graphics and high-end digital testing, the Diamond platform offers high density packaging for low cost testing of microcontrollers and cost sensitive digital consumer devices. The X-Series platform offers configurations for optimal testing of DSP, power, automotive, mixed signal and RF applications. Its engineering strategy is to focus on development of its Diamond, X-Series and ASL platforms. Its customers include many of the world's semiconductor device manufacturers. The Company outsources its final assembly, system integration, and testing operations of its Sapphire, X-Series, ASL and Diamond products, to Benchmark Electronics, Jabil Circuit and Plexus Corporation. Its competitors are suppliers of other types of ATE and also supply products to other markets. The Company's facilities are subjected to numerous laws and regulations designed to protect the environment.
Company Website
SEC Reports
Industry: Semiconductor Equipment & Materials
Compare:ASML, AMAT, TOELY, KLAC, LRCX
ยป More Articles for LTXC

Headlines

Articles On GuruFocus.com
LTXCredence Corp. Reports Operating Results (10-Q) Mar 10 2011 
LTXCredence Corp. Reports Operating Results (10-Q/A) Dec 13 2010 
LTXCredence Corp. Reports Operating Results (10-Q) Dec 10 2010 
LTXCredence Corp. (LTXC) CEO and President David G Tacelli sells 20,000 Shares Jun 14 2010 
LTXCredence Corp. (LTXC) CEO and President David G Tacelli sells 40,000 Shares Jun 10 2010 
LTXCredence Corp. Reports Operating Results (10-Q) Jun 09 2010 
LTXCredence Corp. (LTXC) CEO and President David G Tacelli sells 40,000 Shares Jun 08 2010 
LTXCredence Corp. (LTXC) Vice President and CFO Mark J Gallenberger sells 19,000 Shares Jun 08 2010 
LTXCredence Corp. (LTXC) Vice President and CFO Mark J Gallenberger sells 50,000 Shares Jun 04 2010 
LTXCredence Corp. (LTXC) CEO and President David G Tacelli sells 40,000 Shares Jun 04 2010 

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