2009-12-05 00:01:51 -
SADIF-Investment Analytics has applied its StockMarks™ stock-rating system to Brocade Communications Systems Inc and produced a research report, rating the company's attractiveness to long-term investors.
Mira, Portugal – December 4th, 2009 – SADIF Investment Analytics today announced the release of a new equity research report covering Brocade Communications Systems Inc (BRCD). The report utilizes SADIF's powerful StockMarks™ stock rating system and is required reading for any current or potential Brocade investor.
Report Summary: US-based networking solutions company Brocade Communications Systems has seen strong growth through the financial crisis over the past 18 months despite fears that companies would scale-back technology expenditure. For the company's 2009 fiscal year ended October 31st, Brocade saw a 33% rise in revenue. The company's fiscal fourth quarter showed a 31% rise in revenue over the same period in fiscal 2008. However, despite the rise in revenue, the company made a net
loss of 76M in fiscal 2009 compared to a profit of 167M in fiscal 2008. Brocade returned to profitability during the fourth quarter, with net income of 33.6M compared to its third quarter loss of 21M. The company also diversified its customer base over the past year, reducing the concentration of revenue from its largest clients from 65% to 46%. However, in order to determine the suitability of Brocade as a long-term investment, we should focus on the company's long-term underlying fundamentals. We can assess Brocade's fundamentals through the use of the StockMarks framework. Brocade currently has an overall long-term investment-attractiveness rating (Total StockMark or SMT) of 76, rating above the US market average. This rating places Brocade second when compared to nine of the company's closest peers, selected on the basis of similarity of business, market positioning factors such as size, and share comparisons.
The complete report breaks down the Total StockMark into its three components – business, management and price, performing a thorough analysis of Brocade for long-term investors.
A summary of the StockMarks™ ratings for Brocade Communications Systems Inc is available here:
sadifanalytics.com/stockmarks/company.php?ticker=BRCD&cod_countr ..
The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites, from multiple professional platforms including Reuters Knowledge, TheMarkets.com, Thomson Research and Capital IQ or directly from SADIF-Investment Analytics at:
sadifanalytics.com/stockmarks/article/hist_article.php?cod_count ..
About SADIF-Investment Analytics:
SADIF-Investment Analytics is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.