Switch to:

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 No Debt
SEAC's Cash to Debt is ranked higher than
92% of the 1620 Companies
in the Global Software - Application industry.

( Industry Median: 27.13 vs. SEAC: No Debt )
SEAC' s 10-Year Cash to Debt Range
Min: 0.59   Max: No Debt
Current: No Debt

Equity to Asset 0.80
SEAC's Equity to Asset is ranked higher than
88% of the 1591 Companies
in the Global Software - Application industry.

( Industry Median: 0.60 vs. SEAC: 0.80 )
SEAC' s 10-Year Equity to Asset Range
Min: 0.34   Max: 0.81
Current: 0.8

0.34
0.81
F-Score: 6
Z-Score: 5.05
M-Score: -2.73
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 : 4/10

vs
industry
vs
history
Revenue Growth (%) -6.30
SEAC's Revenue Growth (%) is ranked lower than
52% of the 1208 Companies
in the Global Software - Application industry.

( Industry Median: 6.40 vs. SEAC: -6.30 )
SEAC' s 10-Year Revenue Growth (%) Range
Min: -9   Max: 17.5
Current: -6.3

-9
17.5
EBITDA Growth (%) -42.80
SEAC's EBITDA Growth (%) is ranked higher than
53% of the 957 Companies
in the Global Software - Application industry.

( Industry Median: 7.60 vs. SEAC: -42.80 )
SEAC' s 10-Year EBITDA Growth (%) Range
Min: -44.7   Max: 61
Current: -42.8

-44.7
61
» SEAC's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2013

SEAC Guru Trades in Q1 2013

Mario Gabelli 10,220 sh (New)
Michael Price Sold Out
Steven Cohen 16,121 sh (-39.71%)
Jim Simons 51,100 sh (-45.64%)
» More
Q2 2013

SEAC Guru Trades in Q2 2013

Jim Simons 100,500 sh (+96.67%)
Mario Gabelli 10,700 sh (+4.7%)
Steven Cohen Sold Out
» More
Q3 2013

SEAC Guru Trades in Q3 2013

Joel Greenblatt 33,695 sh (New)
Chuck Royce 96,000 sh (New)
Jim Simons 221,900 sh (+120.8%)
Mario Gabelli 10,700 sh (unchged)
» More
Q4 2013

SEAC Guru Trades in Q4 2013

Steven Cohen 165,045 sh (New)
Chuck Royce 427,500 sh (+345.31%)
Joel Greenblatt 109,403 sh (+224.69%)
Jim Simons 488,900 sh (+120.32%)
Mario Gabelli 10,700 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with SEAC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-12-31 Add 224.69%0.02%$11.11 - $15.12 $ 10.1-24%109403
Joel Greenblatt 2013-09-30 New Buy0.01%$9.97 - $12.58 $ 10.1-12%33695
Michael Price 2013-03-31 Sold Out 0.35%$9.67 - $12.08 $ 10.1-10%0
Mario Gabelli 2013-03-31 New Buy$9.67 - $12.08 $ 10.1-10%10220
Julian Robertson 2012-12-31 Sold Out 1.4%$8.05 - $10.3 $ 10.112%0
Julian Robertson 2012-06-30 New Buy1.9%$7.82 - $8.6 $ 10.124%842000
Joel Greenblatt 2012-06-30 Sold Out 0.01%$7.82 - $8.6 $ 10.124%0
Joel Greenblatt 2012-03-31 Reduce -75.77%0.05%$6.59 - $8.31 $ 10.148%18447
Joel Greenblatt 2011-12-31 Add 113.63%0.03%$6.92 - $8.82 $ 10.127%76141
Joel Greenblatt 2011-09-30 New Buy0.04%$6.96 - $10.86 $ 10.115%35642
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/B 1.60
SEAC's P/B is ranked higher than
75% of the 1505 Companies
in the Global Software - Application industry.

( Industry Median: 2.45 vs. SEAC: 1.60 )
SEAC' s 10-Year P/B Range
Min: 0.77   Max: 3.79
Current: 1.6

0.77
3.79
P/S 2.20
SEAC's P/S is ranked higher than
51% of the 1660 Companies
in the Global Software - Application industry.

( Industry Median: 2.00 vs. SEAC: 2.20 )
SEAC' s 10-Year P/S Range
Min: 0.67   Max: 3.82
Current: 2.2

0.67
3.82
PFCF 62.60
SEAC's PFCF is ranked higher than
74% of the 874 Companies
in the Global Software - Application industry.

( Industry Median: 19.60 vs. SEAC: 62.60 )
SEAC' s 10-Year PFCF Range
Min: 7.94   Max: 763
Current: 62.6

7.94
763
EV-to-EBIT 34.50
SEAC's EV-to-EBIT is ranked lower than
61% of the 1286 Companies
in the Global Software - Application industry.

( Industry Median: 17.42 vs. SEAC: 34.50 )
SEAC' s 10-Year EV-to-EBIT Range
Min: 6   Max: 137.9
Current: 34.5

6
137.9
Shiller P/E 92.30
SEAC's Shiller P/E is ranked lower than
56% of the 617 Companies
in the Global Software - Application industry.

( Industry Median: 29.33 vs. SEAC: 92.30 )
SEAC' s 10-Year Shiller P/E Range
Min: 41.19   Max: 970
Current: 92.3

41.19
970

Valuation & Return

vs
industry
vs
history
Price/Net Cash 4.68
SEAC's Price/Net Cash is ranked higher than
79% of the 475 Companies
in the Global Software - Application industry.

( Industry Median: 13.30 vs. SEAC: 4.68 )
SEAC' s 10-Year Price/Net Cash Range
Min: 2.64   Max: 359
Current: 4.68

2.64
359
Price/Net Current Asset Value 3.28
SEAC's Price/Net Current Asset Value is ranked higher than
81% of the 664 Companies
in the Global Software - Application industry.

( Industry Median: 10.90 vs. SEAC: 3.28 )
SEAC' s 10-Year Price/Net Current Asset Value Range
Min: 1.75   Max: 647
Current: 3.28

1.75
647
Price/Tangible Book 2.27
SEAC's Price/Tangible Book is ranked higher than
70% of the 1230 Companies
in the Global Software - Application industry.

( Industry Median: 4.00 vs. SEAC: 2.27 )
SEAC' s 10-Year Price/Tangible Book Range
Min: 1.18   Max: 38.87
Current: 2.27

1.18
38.87
Price/DCF (Projected) 1.34
SEAC's Price/DCF (Projected) is ranked higher than
68% of the 743 Companies
in the Global Software - Application industry.

( Industry Median: 1.50 vs. SEAC: 1.34 )
SEAC' s 10-Year Price/DCF (Projected) Range
Min: 1   Max: 7.06
Current: 1.34

1
7.06
Price/Median PS Value 1.39
SEAC's Price/Median PS Value is ranked higher than
51% of the 1501 Companies
in the Global Software - Application industry.

( Industry Median: 1.10 vs. SEAC: 1.39 )
SEAC' s 10-Year Price/Median PS Value Range
Min: 0.43   Max: 10.79
Current: 1.39

0.43
10.79
Earnings Yield (Greenblatt) 2.90
SEAC's Earnings Yield (Greenblatt) is ranked lower than
55% of the 1328 Companies
in the Global Software - Application industry.

( Industry Median: 5.40 vs. SEAC: 2.90 )
SEAC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 16.6
Current: 2.9

0.7
16.6
Forward Rate of Return (Yacktman) -21.14
SEAC's Forward Rate of Return (Yacktman) is ranked lower than
53% of the 1009 Companies
in the Global Software - Application industry.

( Industry Median: 5.44 vs. SEAC: -21.14 )
SEAC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -27.1   Max: 0.4
Current: -21.14

-27.1
0.4

Business Description

Industry: Application Software » Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE » details
Traded in other countries:SI2.Germany
SeaChange International, Inc. is a Delaware corporation founded on July 9, 1993. The Company is involved in the delivery of multi-screen video. Its products and services facilitate the aggregation, licensing, management and distribution of video, television programming and advertising content. It sells its products and services to video service providers including: cable system operators [such as Liberty Global, Inc. ('LGI'), Virgin Media Inc. ('Virgin Media'), Comcast Cable Communications Management, LLC ('Comcast'), Cox Communications, Inc., Rogers Communications, Inc. and Cablevision Systems among others]; and telecommunications companies (such as Verizon Communications, Inc., AT&T Services, Inc. and Turk Telekom among others). The Company's business is comprised of three distinct product lines: video back office platform (including video streamers), advertising and in-home gateway. Video back office platform includes the back office platform software product, SeaChange Adrenalin ('Adrenalin'). Adrenalin is a comprehensive multi-screen video back office platform that enables video service providers to manage, monetize and deliver a seamless viewing experience to subscribers across multiple devices at home and on the go. It allows operators to centralize video distribution systems thereby reducing dependence on hardware and ultimately controlling operating expenses. SeaChange Nitro is the Company's multi-screen user experience application that enables video service providers to seamlessly present linear, time-shifted and on-demand content across mobile, PC and television screens. Advertising includes SeaChange AdPulse advertising software platform which maintains ads and VOD content in separate databases. They are ingested, managed and updated separately allowing for fast and easy refresh, simple rotation of ad copy and targeting by geographic, demographic and viewing characteristics. The In-home gateway includes SeaChange Nucleus Soft Box software product which provides full control over set-top box functionality including channel changes, whole home VOD/DVR and content sharing anywhere in the home. As video consumption evolves, the Company is using this platform to produce software that ports to any gateway hardware and acts as a hub for all video distribution to devices throughout the home including consumer electronic devices such as iPads, smart phones and game consoles. In the market for multi-screen video, the Company competes with various larger companies offering video software back office platforms and applications such as Cisco Systems, Inc., Motorola Mobility Inc., and Ericsson Inc. In in-home gateway market, it competes with system integrators and gateway software and applications vendors who offer proprietary software and hardware solutions. In video advertisement market, it competes with Arris Group Inc.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide