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23.62 (1y: +57%)
Market Cap 16.74 B P/E(ttm) 22.00
Enterprise Value 15.08 B P/B 3.20
SYMC- NAS (USA)
Symantec Corp
  • Currently 1/5
Business Predictability Rank: 1-Star
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
$23.62
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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
SYMC's Cash to Debt is ranked lower than
78% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. SYMC: No Debt )
SYMC' s 10-Year Cash to Debt Range
Min: 0.95   Max: No Debt
Current: No Debt
Interest Coverage 9
SYMC's Interest Coverage is ranked lower than
73% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. SYMC: 9 )
SYMC' s 10-Year Interest Coverage Range
Min: 7   Max: No Debt
Current: 9
F-Score: 7
Z-Score: 1.87
M-Score: -2.65
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 : 5/10

vs
industry		 vs
history
Operating margin (%) 15.60
SYMC's Operating margin (%) is ranked higher than
83% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 5.40 vs. SYMC: 15.60 )
SYMC' s 10-Year Operating margin (%) Range
Min: -105.2   Max: 31.7
Current: 15.6
-105.2
31.7
Net-margin (%) 16.6
SYMC's Net-margin (%) is ranked higher than
79% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 3.50 vs. SYMC: 16.6 )
SYMC' s 10-Year Net-margin (%) Range
Min: -109.4   Max: 22.8
Current: 16.6
-109.4
22.8
Revenue Growth (%) 6.9
SYMC's Revenue Growth (%) is ranked higher than
79% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.20 vs. SYMC: 6.9 )
SYMC' s 10-Year Revenue Growth (%) Range
Min: 4.4   Max: 19.4
Current: 6.9
4.4
19.4
EBITDA Growth (%) 2.7
SYMC's EBITDA Growth (%) is ranked lower than
82% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.90 vs. SYMC: 2.7 )
SYMC' s 10-Year EBITDA Growth (%) Range
Min: 2.7   Max: 27.4
Current: 2.7
2.7
27.4
EPS Growth (%) 16.2
SYMC's EPS Growth (%) is ranked lower than
80% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.85 vs. SYMC: 16.2 )
SYMC' s 10-Year EPS Growth (%) Range
Min: -21   Max: 45.9
Current: 16.2
-21
45.9
» SYMC's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

SYMC Guru Trades in Q2 2012

Whitney Tilson 90,000 sh (New)
Third Avenue Management 1,518,500 sh (New)
Paul Tudor Jones 28,100 sh (New)
Jim Simons 1,245,238 sh (+499.12%)
Ray Dalio 1,709,090 sh (+321.19%)
Steven Cohen 223,313 sh (+240.5%)
Joel Greenblatt 35,914 sh (+98.4%)
HOTCHKIS & WILEY 917,600 sh (+66.9%)
David Dreman 218,412 sh (+5.01%)
Dodge & Cox 60,052,416 sh (+0.09%)
Zeke Ashton 140,000 sh (unchged)
Charles de Vaulx 3,492,316 sh (unchged)
Charles Brandes 510,708 sh (-0.98%)
Private Capital 3,754,074 sh (-1.59%)
RS Investment Management 10,029,578 sh (-1.88%)
John Buckingham 16,680 sh (-6.12%)
Pioneer Investments 2,512,269 sh (-6.92%)
PRIMECAP Management 32,742,411 sh (-8.83%)
Jeremy Grantham 90,600 sh (-57.74%)
» More
Q3 2012

SYMC Guru Trades in Q3 2012

Daniel Loeb 6,000,000 sh (New)
Martin Whitman 1,550,000 sh (New)
Steven Cohen 4,691,368 sh (+2000.8%)
Jim Simons 5,345,509 sh (+329.28%)
Third Avenue Management 1,859,000 sh (+22.42%)
Zeke Ashton 100,000 sh (unchged)
Daniel Loeb 2,070,000 sh (unchged)
Paul Tudor Jones Sold Out
Joel Greenblatt Sold Out
Ray Dalio Sold Out
David Dreman 218,296 sh (-0.05%)
PRIMECAP Management 32,635,769 sh (-0.33%)
Dodge & Cox 59,429,516 sh (-1.04%)
Pioneer Investments 2,421,727 sh (-3.6%)
Charles Brandes 491,722 sh (-3.72%)
Private Capital 3,370,695 sh (-10.21%)
HOTCHKIS & WILEY 810,600 sh (-11.66%)
Charles de Vaulx 2,972,682 sh (-14.88%)
Jeremy Grantham 63,101 sh (-30.35%)
Whitney Tilson 60,000 sh (-33.33%)
RS Investment Management 6,344,091 sh (-36.75%)
John Buckingham 10,104 sh (-39.42%)
» More
Q4 2012

SYMC Guru Trades in Q4 2012

Paul Tudor Jones 19,600 sh (New)
Ray Dalio 175,011 sh (New)
Steven Cohen 8,206,507 sh (+74.93%)
Daniel Loeb 6,700,000 sh (+11.67%)
RS Investment Management 6,523,851 sh (+2.83%)
Third Avenue Management 1,904,000 sh (+2.42%)
HOTCHKIS & WILEY 810,900 sh (+0.04%)
Martin Whitman 1,550,000 sh (unchged)
John Buckingham Sold Out
Whitney Tilson Sold Out
Dodge & Cox 58,417,616 sh (-1.7%)
PRIMECAP Management 31,667,369 sh (-2.97%)
David Dreman 208,041 sh (-4.7%)
Charles Brandes 466,015 sh (-5.23%)
Private Capital 2,974,670 sh (-11.75%)
Pioneer Investments 2,129,267 sh (-12.08%)
Charles de Vaulx 1,182,992 sh (-60.2%)
Jim Simons 2,125,338 sh (-60.24%)
» More
Q1 2013

SYMC Guru Trades in Q1 2013

Louis Moore Bacon 60,000 sh (New)
Jim Simons 4,272,238 sh (+101.01%)
Pioneer Investments 3,611,147 sh (+69.6%)
Dodge & Cox 63,464,717 sh (+8.64%)
Paul Tudor Jones 21,000 sh (+7.14%)
Third Avenue Management 1,925,795 sh (+1.14%)
Martin Whitman 1,550,000 sh (unchged)
Daniel Loeb Sold Out
Ray Dalio Sold Out
Charles Brandes 453,014 sh (-2.79%)
PRIMECAP Management 30,682,169 sh (-3.11%)
RS Investment Management 4,864,761 sh (-25.43%)
HOTCHKIS & WILEY 569,800 sh (-29.73%)
David Dreman 143,971 sh (-30.8%)
Private Capital 2,004,275 sh (-32.62%)
Steven Cohen 230,038 sh (-97.2%)
» More
» Details

Insider Trades

Latest Guru Trades with SYMC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Daniel Loeb 2013-03-31 Sold Out 2.3%$18.82 - $24.73 $ 23.625%0
Dodge & Cox 2013-03-31 Add 8.64%0.15%$18.82 - $24.73 $ 23.625%63464717
Ray Dalio 2013-03-31 Sold Out 0.03%$18.82 - $24.73 $ 23.625%0
David Dreman 2013-03-31 Reduce -30.8%0.03%$18.82 - $24.73 $ 23.625%143971
Daniel Loeb 2012-12-31 Add 11.67%0.24%$17.33 - $19.09 $ 23.6230%6700000
Ray Dalio 2012-12-31 New Buy0.03%$17.33 - $19.09 $ 23.6230%175011
Daniel Loeb 2012-09-30 New Buy2.1%$13.18 - $19.2 $ 23.6244%6000000
Ray Dalio 2012-09-30 Sold Out 0.37%$13.18 - $19.2 $ 23.6244%0
Joel Greenblatt 2012-09-30 Sold Out 0.04%$13.18 - $19.2 $ 23.6244%0
Martin Whitman 2012-07-31 New Buy0.97%$13.18 - $16.46 $ 23.6261%1550000
Ray Dalio 2012-06-30 Add 321.19%0.28%$13.94 - $18.69 $ 23.6249%1709090
Joel Greenblatt 2012-06-30 Add 98.4%0.02%$13.94 - $18.69 $ 23.6249%35914
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Symantec Corp

Third Avenue Management Comments on Symantec Corp. - Oct 02, 2012

We initiated a position in the common stock of Symantec Corp. (SYMC), a leading provider of security, backup / recovery and storage management software. The company's products are sold to both consumers (through its Norton product line) and corporations. Symantec's end markets seem to be generally healthy and growing, and the software business is very attractive owing to recurring maintenance revenue, high margins (gross margins in excess of 80%) and robust cash flow generation. Symantec has a very strong financial position with $4.1 billion of cash and investments, compared to total debt of $3.0 billion. During the quarter, the company issued $1 billion of long-term debt at very attractive rates (2.75% and 3.9% for five and ten year maturities, respectively). Owing primarily to the weak near term outlook for enterprise IT spending, particularly in Europe, the Fund purchased shares of Symantec Common at only about five times earnings before interest, taxes, depreciation and amortization ("EBITDA"). Transactions in the software industry typically occur at much higher multiples, including, most notably, Intel's purchase of Symantec's competitor, McAfee, in 2011 at about 15 times EBITDA. Subsequent to quarter end, Symantec's CEO was replaced by Chairman Stephen Bennett, who was formerly Intuit's CEO from 2003-2007. The move was in response to the weak stock performance of Symantec Common over the last couple of years and enhances the possibility of some type of resource conversion activity to increase shareholder value.

From Third Avenue's third-quarter letter, by Ian Lapey, portfolio manager.
Check out Third Avenue Management latest stock trades

Top Ranked Articles about Symantec Corp

Martin Whitman's Top 3rd Quarter Buys and Adds
October 2, 2012
Martin Whitman - Martin Whitman's Top 3rd Quarter Buys And Adds
Martin Whitman is the chairman and portfolio manager of asset management firm Third Avenue Management, which he founded in 1986. Whitman employs a disciplined value approach, stating in his third-quarter letter: “The Third Avenue belief is that underlying values, and growth in underlying values, will eventually be recognized in OPMI [Outside Passive Minority Investor] market prices, especially if potential catalysts such as changes in control, or going private, exist.” Read more...
Third Avenue Management Comments on Symantec Corp.
October 2, 2012
We initiated a position in the common stock of Symantec Corp. (SYMC), a leading provider of security, backup / recovery and storage management software. The company's products are sold to both consumers (through its Norton product line) and corporations. Symantec's end markets seem to be generally healthy and growing, and the software business is very attractive owing to recurring maintenance revenue, high margins (gross margins in excess of 80%) and robust cash flow generation. Symantec has a very strong financial position with $4.1 billion of cash and investments, compared to total debt of $3.0 billion. During the quarter, the company issued $1 billion of long-term debt at very attractive rates (2.75% and 3.9% for five and ten year maturities, respectively). Owing primarily to the weak near term outlook for enterprise IT spending, particularly in Europe, the Fund purchased shares of Symantec Common at only about five times earnings before interest, taxes, depreciation and amortization ("EBITDA"). Transactions in the software industry typically occur at much higher multiples, including, most notably, Intel's purchase of Symantec's competitor, McAfee, in 2011 at about 15 times EBITDA. Read more...
Third Avenue Value Fund Buys Devon Energy, Symantec, Stanley Furniture, Sells Forest City, Cenovus Energy
September 28, 2012
Third Avenue Value Fund just reported its portfolio as of July 31. The fund was founded by legendary value investor Marty Whitman. It have been managed by his protégé Ian Lapey since last year. Read more...
Weekly CEO Buys Highlight: SYMC, TDY, PNK, FNFG, OCR
August 4, 2012
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 22.20
SYMC's P/E(ttm) is ranked higher than
86% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 25.05 vs. SYMC: 22.20 )
SYMC' s 10-Year P/E(ttm) Range
Min: 8.63   Max: 2800.67
Current: 22.2
8.63
2800.67
P/S 2.43
SYMC's P/S is ranked lower than
63% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. SYMC: 2.43 )
SYMC' s 10-Year P/S Range
Min: 1.47   Max: 10.52
Current: 2.43
1.47
10.52
PFCF 13.30
SYMC's PFCF is ranked higher than
70% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.41 vs. SYMC: 13.30 )
SYMC' s 10-Year PFCF Range
Min: 6.12   Max: 29.25
Current: 13.3
6.12
29.25
EV-to-EBIT 13.9
SYMC's EV-to-EBIT is ranked higher than
89% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.35 vs. SYMC: 13.9 )
SYMC' s 10-Year EV-to-EBIT Range
Min: 8   Max: 645.9
Current: 13.9
8
645.9
Shiller P/E 39.1
SYMC's Shiller P/E is ranked higher than
84% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 22.91 vs. SYMC: 39.1 )
SYMC' s 10-Year Shiller P/E Range
Min: 19.55   Max: 96.92
Current: 39.1
19.55
96.92

Valuation & Return

vs
industry		 vs
history
Price/DCF (Projected) 0.9
SYMC's Price/DCF (Projected) is ranked higher than
79% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. SYMC: 0.9 )
SYMC' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 2.4
Current: 0.9
0.6
2.4
Price/Median PS Value 0.7
SYMC's Price/Median PS Value is ranked higher than
64% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.80 vs. SYMC: 0.7 )
SYMC' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 2.5
Current: 0.7
0.6
2.5
Earnings Yield (Greenblatt) 7.20
SYMC's Earnings Yield (Greenblatt) is ranked higher than
92% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.80 vs. SYMC: 7.20 )
SYMC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 12.5
Current: 7.2
0.2
12.5
Forward Rate of Return (Yacktman) 5.91
SYMC's Forward Rate of Return (Yacktman) is ranked higher than
90% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 6.38 vs. SYMC: 5.91 )
SYMC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 6.9   Max: 35.5
Current: 5.91
6.9
35.5

Business Description

Symantec Corp is a Delaware Corporation founded in 1982. The company provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. It conducts its business in three geographic regions: Americas, which includes United States, Canada, and Latin America; EMEA, which includes Europe, the Middle East and Africa; and Asia Pacific Japan (APJ). The Company's delivery network includes direct, inside, and channel sales resources that support its ecosystem of more than 40,000 partners worldwide, as well as various relationships with original equipment manufacturers (OEMs), Internet service providers (ISPs), and retail and online stores. It provides customers worldwide with software and services that protect manage and control information risks related to security, backup and recovery, storage, compliance, and systems management. The Company's Consumer segment provides suites and services that include Internet security, PC tuneup, and backup for individual users and home offices. The Company's Norton brand of consumer security software products provides protection for Windows, Macintosh, Windows-Mobile, and Symbian platforms. The Company's Security and Compliance segment helps its customers standardize, automate and reduce the costs of day-to-day security activities in order to secure and manage their information. Enterprise security customer demand is driven by the quickly evolving threat environment, compliance regulations, and the need to keep confidential information from exposure outside the organization. The Company's solutions are built on market-leading policy management, data loss prevention, endpoint security, antispam, and content filtering technologies, allowing IT professionals to proactively mitigate information security risks and policy violations. The Company's Endpoint Management business consisting of its systems management products is driven by the need for automated asset management, patch management and remediation. The Company's solutions offer better visibility into IT assets; simplified day-to-day manageability and improved end-user productivity, helping customers realize cost savings and value from their existing IT investments. The Company's Storage and Server Management segment focuses on providing enterprise customers with storage management, availability, and backup and recovery solutions across heterogeneous storage and server platforms. Symantec Global Services help customers address information security, availability, storage, and compliance challenges at the endpoint and in complex, multi-vendor data center environments. Symantec Consulting provides advisory, product enablement and residency services to enable customers to assess, design, transform and operate their infrastructure, leveraging Symantec products and solutions. Education Services provides a full range of programs, including technical training and security awareness training, to
Company Website
SEC Reports
Industry: Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE
Traded in other countries:SYM.Germany
» More Articles for SYMC

Headlines

Articles On GuruFocus.com
RS Investments Q1 Investor Letter May 09 2013 
Dodge & Cox Comments on the Technology Sector Dec 14 2012 
Daniel Loeb Reshuffles Portfolio – Murphy Oil, Kraft, Nexen, Symantec Biggest Buys Nov 15 2012 
Martin Whitman’s Third Avenue Buys Stanley Furniture, Symantec, Adds to Devon and Allegheny Oct 02 2012 
Third Avenue Management Comments on Symantec Corp. Oct 02 2012 
Third Avenue Value Fund Buys Devon Energy, Symantec, Stanley Furniture, Sells Forest City, Cenovus E Sep 28 2012 
The Day All My Personal Information Was Leaked On The Internet Sep 11 2012 
Weekly CEO Buys Highlight: SYMC, TDY, PNK, FNFG, OCR Aug 04 2012 
Symantec Looks Significantly Undervalued Apr 17 2012 
A Closer Look at the Z-Score Apr 11 2012 

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