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2 (1y: -45%)
Market Cap 704.3 M P/E(ttm)
Enterprise Value P/B 0.70
TLAB- NAS (USA)
Tellabs, Inc.
  • 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
$2.00
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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 : 7/10

vs
industry		 vs
history
Cash to Debt 4.04
TLAB's Cash to Debt is ranked lower than
57% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 10000.00 vs. TLAB: 4.04 )
TLAB' s 10-Year Cash to Debt Range
Min: 4.04   Max: No Debt
Current: 4.04
Equity to Asset 0.595
TLAB's Equity to Asset is ranked higher than
69% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.52 vs. TLAB: 0.595 )
TLAB' s 10-Year Equity to Asset Range
Min: 0.44   Max: 0.83
Current: 0.6
0.44
0.83
Interest Coverage No Debt
TLAB's Interest Coverage is ranked higher than
63% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 10000.00 vs. TLAB: No Debt )
TLAB' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 3
Z-Score: 2.4
M-Score: -3.25
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 (%) -14.90
TLAB's Operating margin (%) is ranked higher than
50% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.80 vs. TLAB: -14.90 )
TLAB' s 10-Year Operating margin (%) Range
Min: -56.1   Max: 32.2
Current: -14.9
-56.1
32.2
Net-margin (%) -16.3
TLAB's Net-margin (%) is ranked lower than
56% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.10 vs. TLAB: -16.3 )
TLAB' s 10-Year Net-margin (%) Range
Min: -53.8   Max: 24.1
Current: -16.3
-53.8
24.1
ROE (%) -15.6
TLAB's ROE (%) is ranked lower than
54% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.60 vs. TLAB: -15.6 )
TLAB' s 10-Year ROE (%) Range
Min: -50.4   Max: 28.9
Current: -15.6
-50.4
28.9
ROA (%) -10.5
TLAB's ROA (%) is ranked lower than
53% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.00 vs. TLAB: -10.5 )
TLAB' s 10-Year ROA (%) Range
Min: -37.1   Max: 24.5
Current: -10.5
-37.1
24.5
ROC (Joel Greenblatt) (%) -45.30
TLAB's ROC (Joel Greenblatt) (%) is ranked higher than
54% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 6.40 vs. TLAB: -45.30 )
TLAB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -186   Max: 84.6
Current: -45.3
-186
84.6
Revenue Growth (%) -7.2
TLAB's Revenue Growth (%) is ranked higher than
71% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.20 vs. TLAB: -7.2 )
TLAB' s 10-Year Revenue Growth (%) Range
Min: -26.5   Max: 17.4
Current: -7.2
-26.5
17.4
ยป TLAB's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

TLAB Guru Trades in Q2 2012

Ray Dalio 29,340 sh (New)
Chuck Royce 4,408,455 sh (+83.62%)
Jim Simons 1,846,013 sh (+50.42%)
Third Avenue Management 23,149,435 sh (-6.51%)
Steven Cohen 46,418 sh (-19.94%)
Kyle Bass 1,017,706 sh (-53.56%)
Martin Whitman 9,696,318 sh (-3.12%)
» More
Q3 2012

TLAB Guru Trades in Q3 2012

Third Avenue Management 30,865,000 sh (+33.33%)
Martin Whitman 12,897,668 sh (+33.02%)
Chuck Royce 4,408,455 sh (unchged)
Ray Dalio Sold Out
Kyle Bass Sold Out
Jim Simons 1,555,974 sh (-15.71%)
Steven Cohen 11,461 sh (-75.31%)
» More
Q4 2012

TLAB Guru Trades in Q4 2012

Paul Tudor Jones 84,300 sh (New)
Steven Cohen 40,300 sh (+251.63%)
Third Avenue Management 35,174,150 sh (+13.96%)
Martin Whitman 21,648,175 sh (+67.85%)
Chuck Royce 4,373,955 sh (-0.78%)
Jim Simons 305,400 sh (-80.37%)
» More
Q1 2013

TLAB Guru Trades in Q1 2013

Joel Greenblatt 1,092,605 sh (New)
Third Avenue Management 35,389,450 sh (+0.61%)
Chuck Royce 4,373,955 sh (unchged)
Martin Whitman 21,648,175 sh (unchged)
Steven Cohen Sold Out
Jim Simons Sold Out
Paul Tudor Jones Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with TLAB

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.12%$2.01 - $2.3 $ 2.04-6%1092605
Martin Whitman 2012-10-31 Add 67.85%1.11%$2.94 - $3.78 $ 2.04-40%21648175
Ray Dalio 2012-09-30 Sold Out 0.0015%$2.96 - $3.76 $ 2.04-40%0
Martin Whitman 2012-07-31 Add 33.02%0.42%$2.96 - $3.83 $ 2.04-41%12897668
Ray Dalio 2012-06-30 New Buy$3.27 - $4.07 $ 2.04-44%29340
Charles Brandes 2012-03-31 Sold Out $3.77 - $4.37 $ 2.04-45%0
Martin Whitman 2011-10-31 Add 52.63%0.46%$3.69 - $4.69 $ 2.04-51%10008450
Joel Greenblatt 2011-09-30 Sold Out 0.1943%$3.69 - $4.65 $ 2.04-51%0
Martin Whitman 2011-07-31 Add 30.92%0.16%$4 - $4.78 $ 2.04-54%6557299
Joel Greenblatt 2011-06-30 Add 40.52%0.06%$4 - $5.47 $ 2.04-56%301582
Charles Brandes 2011-06-30 New Buy$4 - $5.47 $ 2.04-56%11300
Joel Greenblatt 2011-03-31 Add 49.25%0.11%$4.92 - $7.25 $ 2.04-65%214623
George Soros 2011-03-31 Sold Out $4.92 - $7.25 $ 2.04-65%0
Joel Greenblatt 2010-12-31 New Buy0.32%$6.31 - $8.06 $ 2.04-70%143799
George Soros 2010-12-31 Add 35.97%$6.31 - $8.06 $ 2.04-70%84300
George Soros 2010-09-30 Reduce -76.77%0.03%$6.48 - $7.79 $ 2.04-72%62000
George Soros 2010-06-30 Add 120.4%0.03%$6.37 - $9.435 $ 2.04-74%266900
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Tellabs, Inc.

Weekly Guru Bargains Highlights: TLAB, DELL, FFIV, JCP, ABCO
November 26, 2012
Last weekโ€™s top five guru bargain stocks were TLAB, DELL, FFIV, JCP and ABCO. According to GuruFocus updates, these stocks have declined the most since Gurus have bought. [b] Read more...
Third Avenue Management Gets Boost of Tellabs Inc.
November 9, 2012
Martin Whitman - Third Avenue Management Gets Boost Of Tellabs Inc.
New York-based Third Avenue Management, founded by veteran value investor Martin Whitman, has reported to raising its shares of global communications service provider Tellabs Inc. (TLAB) by almost 53 percent as of Nov. 7, according to GuruFocus Real Time Picks. Read more...

Ratios

vs
industry		 vs
history
P/B 0.70
TLAB's P/B is ranked higher than
85% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.50 vs. TLAB: 0.70 )
TLAB' s 10-Year P/B Range
Min: 0.61   Max: 13.6
Current: 0.7
0.61
13.6
P/S 0.70
TLAB's P/S is ranked higher than
59% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.90 vs. TLAB: 0.70 )
TLAB' s 10-Year P/S Range
Min: 0.72   Max: 11.34
Current: 0.7
0.72
11.34
PFCF 15.10
TLAB's PFCF is ranked higher than
68% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 15.70 vs. TLAB: 15.10 )
TLAB' s 10-Year PFCF Range
Min: 7.82   Max: 132.14
Current: 15.1
7.82
132.14
EV-to-EBIT 0.1
TLAB's EV-to-EBIT is ranked lower than
52% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.46 vs. TLAB: 0.1 )
TLAB' s 10-Year EV-to-EBIT Range
Min: 5.5   Max: 903.7
Current: 0.1
5.5
903.7
Shiller P/E 61.1
TLAB's Shiller P/E is ranked higher than
76% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 15.70 vs. TLAB: 61.1 )
TLAB' s 10-Year Shiller P/E Range
Min: 13.03   Max: 813
Current: 61.1
13.03
813

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.90
TLAB's Dividend Yield is ranked higher than
89% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.05 vs. TLAB: 2.90 )
TLAB' s 10-Year Dividend Yield Range
Min: 0.22   Max: 3.81
Current: 2.9
0.22
3.81
Yield on cost (5-Year) 2.90
TLAB's Yield on cost (5-Year) is ranked higher than
89% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.09 vs. TLAB: 2.90 )
TLAB' s 10-Year Yield on cost (5-Year) Range
Min: 0.22   Max: 3.81
Current: 2.9
0.22
3.81
Share Buyback Rate 1.8
TLAB's Share Buyback Rate is ranked higher than
97% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: -0.85 vs. TLAB: 1.8 )
TLAB' s 10-Year Share Buyback Rate Range
Min: 3.5   Max: -2.5
Current: 1.8

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 2.8
TLAB's Price/Net Cash is ranked higher than
85% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 7.70 vs. TLAB: 2.8 )
TLAB' s 10-Year Price/Net Cash Range
Min: 2.5   Max: 40.9
Current: 2.8
2.5
40.9
Price/Net Current Asset Value 2.8
TLAB's Price/Net Current Asset Value is ranked higher than
72% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.55 vs. TLAB: 2.8 )
TLAB' s 10-Year Price/Net Current Asset Value Range
Min: 3.2   Max: 29
Current: 2.8
3.2
29
Price/Tangible Book 0.7
TLAB's Price/Tangible Book is ranked higher than
56% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.70 vs. TLAB: 0.7 )
TLAB' s 10-Year Price/Tangible Book Range
Min: 0.9   Max: 9.3
Current: 0.7
0.9
9.3
Price/DCF (Projected) 0.5
TLAB's Price/DCF (Projected) is ranked higher than
81% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.10 vs. TLAB: 0.5 )
TLAB' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.2
Current: 0.5
0.5
1.2
Price/Median PS Value 0.3
TLAB's Price/Median PS Value is ranked higher than
70% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.70 vs. TLAB: 0.3 )
TLAB' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 3.3
Current: 0.3
0.4
3.3
Earnings Yield (Greenblatt) 675.00
TLAB's Earnings Yield (Greenblatt) is ranked higher than
59% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.80 vs. TLAB: 675.00 )
TLAB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 668.3
Current: 675
0.1
668.3
Forward Rate of Return (Yacktman) 7.64
TLAB's Forward Rate of Return (Yacktman) is ranked higher than
83% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.97 vs. TLAB: 7.64 )
TLAB' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 2.3   Max: 11.7
Current: 7.64
2.3
11.7

Business Description

Tellabs, Inc was incorporated in 1975 as an Illinois corporation. In 1992, its shareholders approved the formation of a holding company structure. Under that new structure the shareholders of Tellabs, Inc., an Illinois corporation, became the shareholders of a new holding company, Tellabs, Inc., a Delaware corporation. The Company designs, develops and supports telecommunications networking products. It generate revenue mainly through the sale of these products to communications service providers worldwide as both stand-alone network elements and as elements of solutions integrated under a common network management system. It also generates revenue by providing services to its customers. It operates in three business segments: Broadband, Transport and Services. The Broadband segment includes data, access and managed access product portfolios that facilitate mobile communications, wireline business services and bundled consumer services. Data products include next-generation packet-switched products that enable wireless and wireline carriers to deliver mobile voice and Internet services and wireline business services to their customers. Data products include the Tellabs 7300 Metro Ethernet Switching Series, the Tellabs 8600 Managed Edge System, the Tellabs 8800 Multiservice Router (MSR) Series and the Tellabs SmartCore 9100 Platform. Access products enable service providers to deliver bundled voice, video and high-speed Internet/data services over the 'last mile' of copper or fiber networks. Access offerings include the Tellabs 1000 Multiservice Access Series, the Tellabs 1100 Multiservice Access Series and the Tellabs 1600 Optical Network Terminal (ONT) Series. Managed access includes aggregation and transport products that deliver wireless and business services primarily outside of North America (United States and Canada). Managed access products include the Tellabs 6300 Managed Transport System and the Tellabs 8100 Managed Access System. The Transport segment mainly includes optical transport systems and digital cross-connect systems. Revenue for these products is driven by the needs of wireline and wireless carriers to deliver mobile services, business-oriented services and residential services. The main products in this segment include the Tellabs 5000 Series of Digital Cross-Connect systems and the Tellabs 7100 Packet Optical System. The Services segment includes deployment, support, training and professional services. Revenue from deployment, support and training services arises primarily from the sales of products and continues to represent the majority of Services revenue, while the balance comes from professional services offerings. The Company outsources the manufacturing, configuration and system assembly operations for its products to contract manufacturers. The Company's competition comes mainly from telecommunications and data networking infrastructure vendors.
Company Website
SEC Reports
Industry: Communication Equipment
Compare:PTFRY, QCOM, CSCO, ERIC, NOK
Traded in other countries:TLA.Germany
ยป More Articles for TLAB

Headlines

Articles On GuruFocus.com
Weekly Guru Bargains Highlights: TLAB, DELL, FFIV, JCP, ABCO Nov 26 2012 
Bearish Kyle Bass Sells 6 Stocks, Buys Hyatt and Sealy Nov 16 2012 
Third Avenue Management Gets Boost of Tellabs Inc. Nov 09 2012 
Tellabs: Cash Flow Positive and 3/4 of Its Market Cap is in Cash Aug 15 2012 
Kyle Bass More Than Triples Investment in Tech to 46 Percent of Portfolio May 30 2012 
Hedge Fund Gurus, Who Is Buying? Who Is Selling? May 22 2012 
Kyle Bass Buys Alcatel, Monster, Yahoo, Tellabs, Sells MGIC May 15 2012 
Marty Whitman's Latest Buys and Adds: HUWHY.PK, TLAB, AMAT Jan 05 2012 
Third Avenue Value Fund Buys Tellabs Inc., Applied Materials Inc., Carver Bancorp Inc., Sells Brookf Jan 03 2012 
Third Avenue Management Buys Lowes, Teleflex, American Eagle Outfitters, Tellabs, Sells Pharmaceutic Nov 17 2011 

More From Our Partners
Tellabs Remains Neutral - Analyst Blog May 15 2013 - ZACKS

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