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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’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 : 7/10

vs
industry
vs
history
Cash to Debt 2.88
PLCM's Cash to Debt is ranked lower than
55% of the 533 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.33 vs. PLCM: 2.88 )
Ranked among companies with meaningful Cash to Debt only.
PLCM' s Cash to Debt Range Over the Past 10 Years
Min: 2.12  Med: 10000.00 Max: No Debt
Current: 2.88
Equity to Asset 0.59
PLCM's Equity to Asset is ranked lower than
53% of the 525 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.61 vs. PLCM: 0.59 )
Ranked among companies with meaningful Equity to Asset only.
PLCM' s Equity to Asset Range Over the Past 10 Years
Min: 0.56  Med: 0.76 Max: 0.87
Current: 0.59
0.56
0.87
Interest Coverage 10.50
PLCM's Interest Coverage is ranked lower than
64% of the 313 Companies
in the Global Communication Equipment industry.

( Industry Median: 23.90 vs. PLCM: 10.50 )
Ranked among companies with meaningful Interest Coverage only.
PLCM' s Interest Coverage Range Over the Past 10 Years
Min: 1.65  Med: 273.64 Max: 9999.99
Current: 10.5
1.65
9999.99
F-Score: 6
Z-Score: 2.37
M-Score: -2.71
WACC vs ROIC
12.79%
8.12%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’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.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

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 : 7/10

vs
industry
vs
history
Operating margin (%) 5.38
PLCM's Operating margin (%) is ranked higher than
62% of the 528 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.87 vs. PLCM: 5.38 )
Ranked among companies with meaningful Operating margin (%) only.
PLCM' s Operating margin (%) Range Over the Past 10 Years
Min: -1.26  Med: 7.30 Max: 11.85
Current: 5.38
-1.26
11.85
Net-margin (%) 4.25
PLCM's Net-margin (%) is ranked higher than
61% of the 530 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.75 vs. PLCM: 4.25 )
Ranked among companies with meaningful Net-margin (%) only.
PLCM' s Net-margin (%) Range Over the Past 10 Years
Min: -1.32  Med: 5.57 Max: 10.54
Current: 4.25
-1.32
10.54
ROE (%) 5.01
PLCM's ROE (%) is ranked higher than
53% of the 521 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.46 vs. PLCM: 5.01 )
Ranked among companies with meaningful ROE (%) only.
PLCM' s ROE (%) Range Over the Past 10 Years
Min: -1.5  Med: 6.26 Max: 10.67
Current: 5.01
-1.5
10.67
ROA (%) 2.92
PLCM's ROA (%) is ranked higher than
54% of the 537 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.25 vs. PLCM: 2.92 )
Ranked among companies with meaningful ROA (%) only.
PLCM' s ROA (%) Range Over the Past 10 Years
Min: -0.99  Med: 4.27 Max: 8.01
Current: 2.92
-0.99
8.01
ROC (Joel Greenblatt) (%) 68.15
PLCM's ROC (Joel Greenblatt) (%) is ranked higher than
89% of the 532 Companies
in the Global Communication Equipment industry.

( Industry Median: 9.68 vs. PLCM: 68.15 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
PLCM' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -13.15  Med: 70.95 Max: 216.46
Current: 68.15
-13.15
216.46
Revenue Growth (3Y)(%) 5.40
PLCM's Revenue Growth (3Y)(%) is ranked higher than
60% of the 467 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.90 vs. PLCM: 5.40 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
PLCM' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -0.8  Med: 11.90 Max: 51.8
Current: 5.4
-0.8
51.8
EBITDA Growth (3Y)(%) 31.90
PLCM's EBITDA Growth (3Y)(%) is ranked higher than
84% of the 346 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.40 vs. PLCM: 31.90 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
PLCM' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -54.3  Med: 13.20 Max: 320.1
Current: 31.9
-54.3
320.1
» PLCM's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-07-22)


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

» Details

Guru Trades

Q2 2015

PLCM Guru Trades in Q2 2015

Paul Tudor Jones 83,872 sh (+137.81%)
Jim Simons 1,570,122 sh (+102.96%)
Manning & Napier Advisors, Inc 1,448,880 sh (+17.42%)
Joel Greenblatt 2,637,959 sh (+3.63%)
Julian Robertson Sold Out
George Soros 10,646,666 sh (-1.45%)
Pioneer Investments 1,072,094 sh (-35.72%)
Chuck Royce 95,000 sh (-42.42%)
» More
Q3 2015

PLCM Guru Trades in Q3 2015

David Dreman 19,710 sh (New)
Ray Dalio 37,300 sh (New)
Paul Singer 7,320,814 sh (New)
Joel Greenblatt 3,169,463 sh (+20.15%)
George Soros 10,738,012 sh (+0.86%)
Manning & Napier Advisors, Inc 1,448,880 sh (unchged)
Pioneer Investments Sold Out
Chuck Royce Sold Out
Paul Tudor Jones 33,697 sh (-59.82%)
Jim Simons 581,231 sh (-62.98%)
» More
Q4 2015

PLCM Guru Trades in Q4 2015

Lee Ainslie 120,020 sh (New)
Barrow, Hanley, Mewhinney & Strauss 301,250 sh (New)
Paul Singer 8,850,892 sh (+20.90%)
Jim Simons 694,722 sh (+19.53%)
Manning & Napier Advisors, Inc Sold Out
Ray Dalio Sold Out
Paul Tudor Jones Sold Out
George Soros 8,847,191 sh (-17.61%)
David Dreman 14,173 sh (-28.09%)
Joel Greenblatt 1,215,144 sh (-61.66%)
» More
Q1 2016

PLCM Guru Trades in Q1 2016

Paul Tudor Jones 33,400 sh (New)
Lee Ainslie 220,410 sh (+83.64%)
Jim Simons 1,145,622 sh (+64.90%)
Barrow, Hanley, Mewhinney & Strauss 330,011 sh (+9.55%)
Paul Singer 8,850,892 sh (unchged)
George Soros 8,166,666 sh (-7.69%)
Joel Greenblatt 681,151 sh (-43.94%)
David Dreman 822 sh (-94.20%)
» More
» Details

Insider Trades

Latest Guru Trades with PLCM

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Communication Equipment » Communication Equipment
Compare:SZSE:002465, NAS:SATS, TSX:BB, NAS:VSAT, SHSE:600498, ASX:VOC » details
Traded in other countries:PLY.Germany,
Polycom Inc provides easy-to-use communication solutions that enable enterprise, government, education & healthcare customers to collaborate over distance, time zones and organizational boundaries. Its solutions include Polycom, RealPresence & Platform.

Polycom Inc was incorporated in December 1990 in Delaware. The Company provides an open, standards-based unified communications and collaboration (UC&C) solutions for voice, video and content collaboration solutions. Its solutions are powered by the Polycom RealPresence Platform, comprehensive software infrastructure and rich application programming interfaces (APIs) that interoperate with a set of communication, business, mobile, and cloud applications and devices to deliver secure face-to-face video collaboration across different environments. The Company sells its solutions through a high-touch sales model that leverages its network of channel partners, including distributors, value-added resellers, system integrators, communications services providers, and retailers. The Company serves in three geographical segments; Americas, EMEA and APAC. Its products and solutions are; UC Group Systems, which includes immersive telepresence, group video and group voice systems. UC Platform, which includes collaboration servers, virtualization management "distributed media optimization", resource management, recording and streaming, open API's and remote access technologies that constitute the RealPresence Platform, and UC Personal Devices, which includes desktop video devices and desktop voice products. The Company markets and sells its products through a network of strategic, service provider, and channel partners, including Anixter, AT&T, BT, Digital China Holdings Limited, Dimension Data Holdings plc, Imago Group plc, Nanjing Southern Telecom Co., NETXUSA, ScanSource Communications, Westcon, and many others. It also sells with several partners including; Microsoft, BroadSoft and IBM and ecosystem of technology partners. It competes in the UC&C market with products and solutions that enable voice, video and content collaboration on-premises, across intranets, extranets, mobile devices, and the Internet via its customer premises-based RealPresence Platform, web-based social-collaboration business platforms, and video collaboration-as-a-service offerings delivered from the cloud. These competitors include but are not limited to Cisco Systems, Inc., Logitech International S.A., Avaya Inc., Vidyo, Inc., Blue Jeans Networks, Inc., Huawei Technologies Co., Ltd., ZTE Corporation, ClearOne, Aastra Technologies Limited, Snom, Yealink, and others. The Company relies on a combination of patent, copyright, trademark and trade secret laws and confidentiality procedures to protect its proprietary rights. Its products and services are subject to various federal, state, local, and foreign laws and regulations.

Ratios

vs
industry
vs
history
P/E(ttm) 32.37
PLCM's P/E(ttm) is ranked lower than
62% of the 349 Companies
in the Global Communication Equipment industry.

( Industry Median: 20.86 vs. PLCM: 32.37 )
Ranked among companies with meaningful P/E(ttm) only.
PLCM' s P/E(ttm) Range Over the Past 10 Years
Min: 14.55  Med: 32.86 Max: 225.49
Current: 32.37
14.55
225.49
Forward P/E 13.50
PLCM's Forward P/E is ranked higher than
57% of the 61 Companies
in the Global Communication Equipment industry.

( Industry Median: 13.57 vs. PLCM: 13.50 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 32.37
PLCM's PE(NRI) is ranked lower than
63% of the 354 Companies
in the Global Communication Equipment industry.

( Industry Median: 21.87 vs. PLCM: 32.37 )
Ranked among companies with meaningful PE(NRI) only.
PLCM' s PE(NRI) Range Over the Past 10 Years
Min: 14.79  Med: 34.00 Max: 96.64
Current: 32.37
14.79
96.64
Price/Owner Earnings (ttm) 21.77
PLCM's Price/Owner Earnings (ttm) is ranked lower than
58% of the 243 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.39 vs. PLCM: 21.77 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
PLCM' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 8.1  Med: 18.97 Max: 42.31
Current: 21.77
8.1
42.31
P/B 1.50
PLCM's P/B is ranked higher than
57% of the 524 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.61 vs. PLCM: 1.50 )
Ranked among companies with meaningful P/B only.
PLCM' s P/B Range Over the Past 10 Years
Min: 1.06  Med: 1.83 Max: 4.44
Current: 1.5
1.06
4.44
P/S 1.36
PLCM's P/S is ranked lower than
52% of the 533 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.12 vs. PLCM: 1.36 )
Ranked among companies with meaningful P/S only.
PLCM' s P/S Range Over the Past 10 Years
Min: 0.99  Med: 2.09 Max: 4.7
Current: 1.36
0.99
4.7
PFCF 17.42
PLCM's PFCF is ranked lower than
54% of the 228 Companies
in the Global Communication Equipment industry.

( Industry Median: 14.57 vs. PLCM: 17.42 )
Ranked among companies with meaningful PFCF only.
PLCM' s PFCF Range Over the Past 10 Years
Min: 8.92  Med: 17.09 Max: 58.6
Current: 17.42
8.92
58.6
POCF 11.55
PLCM's POCF is ranked higher than
54% of the 268 Companies
in the Global Communication Equipment industry.

( Industry Median: 11.29 vs. PLCM: 11.55 )
Ranked among companies with meaningful POCF only.
PLCM' s POCF Range Over the Past 10 Years
Min: 6.26  Med: 12.62 Max: 31.53
Current: 11.55
6.26
31.53
EV-to-EBIT 16.62
PLCM's EV-to-EBIT is ranked higher than
53% of the 349 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.46 vs. PLCM: 16.62 )
Ranked among companies with meaningful EV-to-EBIT only.
PLCM' s EV-to-EBIT Range Over the Past 10 Years
Min: -166  Med: 20.20 Max: 232.6
Current: 16.62
-166
232.6
EV-to-EBITDA 8.85
PLCM's EV-to-EBITDA is ranked higher than
67% of the 380 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.20 vs. PLCM: 8.85 )
Ranked among companies with meaningful EV-to-EBITDA only.
PLCM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.5  Med: 14.50 Max: 29.7
Current: 8.85
5.5
29.7
PEG 74.75
PLCM's PEG is ranked lower than
98% of the 132 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.65 vs. PLCM: 74.75 )
Ranked among companies with meaningful PEG only.
PLCM' s PEG Range Over the Past 10 Years
Min: 0.93  Med: 2.15 Max: 49.42
Current: 74.75
0.93
49.42
Shiller P/E 33.60
PLCM's Shiller P/E is ranked lower than
55% of the 96 Companies
in the Global Communication Equipment industry.

( Industry Median: 27.04 vs. PLCM: 33.60 )
Ranked among companies with meaningful Shiller P/E only.
PLCM' s Shiller P/E Range Over the Past 10 Years
Min: 22.89  Med: 45.28 Max: 116.53
Current: 33.6
22.89
116.53
Current Ratio 2.61
PLCM's Current Ratio is ranked higher than
62% of the 509 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.09 vs. PLCM: 2.61 )
Ranked among companies with meaningful Current Ratio only.
PLCM' s Current Ratio Range Over the Past 10 Years
Min: 1.91  Med: 2.77 Max: 5.39
Current: 2.61
1.91
5.39
Quick Ratio 2.35
PLCM's Quick Ratio is ranked higher than
68% of the 509 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.64 vs. PLCM: 2.35 )
Ranked among companies with meaningful Quick Ratio only.
PLCM' s Quick Ratio Range Over the Past 10 Years
Min: 1.67  Med: 2.45 Max: 4.66
Current: 2.35
1.67
4.66
Days Inventory 68.00
PLCM's Days Inventory is ranked higher than
50% of the 499 Companies
in the Global Communication Equipment industry.

( Industry Median: 68.00 vs. PLCM: 68.00 )
Ranked among companies with meaningful Days Inventory only.
PLCM' s Days Inventory Range Over the Past 10 Years
Min: 56.53  Med: 65.27 Max: 72.73
Current: 68
56.53
72.73
Days Sales Outstanding 48.47
PLCM's Days Sales Outstanding is ranked higher than
74% of the 472 Companies
in the Global Communication Equipment industry.

( Industry Median: 71.78 vs. PLCM: 48.47 )
Ranked among companies with meaningful Days Sales Outstanding only.
PLCM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.29  Med: 49.52 Max: 54.22
Current: 48.47
42.29
54.22
Days Payable 61.51
PLCM's Days Payable is ranked higher than
51% of the 446 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.52 vs. PLCM: 61.51 )
Ranked among companies with meaningful Days Payable only.
PLCM' s Days Payable Range Over the Past 10 Years
Min: 46.8  Med: 66.77 Max: 76.17
Current: 61.51
46.8
76.17

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 6.30
PLCM's Price/Net Current Asset Value is ranked lower than
64% of the 346 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.63 vs. PLCM: 6.30 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
PLCM' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 2.78  Med: 7.39 Max: 31.36
Current: 6.3
2.78
31.36
Price/Tangible Book 3.21
PLCM's Price/Tangible Book is ranked lower than
65% of the 494 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.86 vs. PLCM: 3.21 )
Ranked among companies with meaningful Price/Tangible Book only.
PLCM' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.19  Med: 4.05 Max: 22.64
Current: 3.21
1.19
22.64
Price/Projected FCF 0.75
PLCM's Price/Projected FCF is ranked higher than
71% of the 307 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.13 vs. PLCM: 0.75 )
Ranked among companies with meaningful Price/Projected FCF only.
PLCM' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.52  Med: 1.07 Max: 5.2
Current: 0.75
0.52
5.2
Price/Median PS Value 0.64
PLCM's Price/Median PS Value is ranked higher than
88% of the 503 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.03 vs. PLCM: 0.64 )
Ranked among companies with meaningful Price/Median PS Value only.
PLCM' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.53  Med: 1.24 Max: 7.31
Current: 0.64
0.53
7.31
Price/Graham Number 2.15
PLCM's Price/Graham Number is ranked lower than
63% of the 320 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.48 vs. PLCM: 2.15 )
Ranked among companies with meaningful Price/Graham Number only.
PLCM' s Price/Graham Number Range Over the Past 10 Years
Min: 1.39  Med: 2.88 Max: 10.59
Current: 2.15
1.39
10.59
Earnings Yield (Greenblatt) (%) 6.00
PLCM's Earnings Yield (Greenblatt) (%) is ranked higher than
69% of the 535 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.30 vs. PLCM: 6.00 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
PLCM' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.4  Med: 4.60 Max: 12
Current: 6
0.4
12
Forward Rate of Return (Yacktman) (%) 8.41
PLCM's Forward Rate of Return (Yacktman) (%) is ranked higher than
57% of the 234 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.49 vs. PLCM: 8.41 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
PLCM' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -10.3  Med: 14.30 Max: 39.9
Current: 8.41
-10.3
39.9

More Statistics

Revenue (TTM) (Mil) $1,227
EPS (TTM) $ 0.37
Beta1.68
Short Percentage of Float3.78%
52-Week Range $8.79 - 14.09
Shares Outstanding (Mil)135.62

Analyst Estimate

Dec16 Dec17
Revenue (Mil $)
EPS ($) 0.83 0.89
EPS without NRI ($) 0.83 0.89
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
» More Articles for PLCM

Headlines

Articles On GuruFocus.com
James Barrow's Top 4th Quarter Bets Feb 11 2016 
Polycom Is Struggling On Top-Line Growth May 18 2015 
George Soros Buys New Holding: Polycom Inc. Feb 04 2014 
Polycom's Reduction in Work Force: George Soros Searching for Better Profit Margin Feb 04 2014 
Leon Cooperman - Is Polycom a Risk? Mar 19 2013 
ClearOne Communications: An Undiscovered Gem? Jun 05 2012 
Weekly Guru Bargains Highlights: PLCM, ITT, NOK, IAG, EDMC Apr 23 2012 
Baron Opportunity Fund Commentary on: PLCM, PPO, PEGA, CRR, EQIX, WBMD, NILE, RATE, VLT, EW Sep 07 2011 
Polycom Inc. Reports Operating Results (10-Q) Nov 02 2010 
Polycom Inc. (PLCM) EVP, Finance & Admin. and CFO Michael R Kourey sells 49,000 Shares Oct 28 2010 

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