EXLN compared
Here's a table comparing EXLN with some other
Internet infrastructure software companies.
Ticker Qu. Shares FY 99 FY 00 Ch. Inc. Marg. Ann. Q4 MCap PSR
EXLN 4 30 61 70 15% -10 -14% 60 118 2.0
TIBX[1] 48 194 96 252 161% -25 -10% 354 9,331 26.3
ORCL[2] 30 5,590 8,827 10,130 15% 2,055 20% 10,638 167,700 15.8
ITWO 57 406 571 1,126 97% -1,752 -156% 1,512 23,131 15.3
ARBA[3] 40 250 45 279 515% -793 -284% 681 9,992 14.7
MSFT[4] 65 5,330 19,747 22,956 16% 9,421 41% 26,340 346,450 13.2
CMRC 34 193 34 402 1097% -345 -86% 766 6,565 8.6
VITR 9 128 32 135 327% -1 -0% 163 1,155 7.1
PSFT 49 285 1,429 1,737 22% 146 8% 1,991 13,985 7.0
BVSN 14 269 115 414 258% -159 -39% 548 3,767 6.9
SAP 46 1,260 5,110 6,266 23% 626 10% 8,656 57,960 6.7
FMKT 23 38 21 91 337% -156 -171% 138 874 6.3
VIGN 9 236 89 367 311% -532 -145% 496 2,121 4.3
IBM 95 1,750 87,548 88,396 1% 8,093 9% 102,464 201,250 2.0
NEON 5 36 126 188 49% -58 -31% 161 182 1.1
Qu.: approximate quote
Shares: million shares outstanding (taken from Yahoo! MarketGuide profile)
FY: fiscal year; total revenues in million USD (except SAP, million euro)
Inc.: net income in million USD
Marg.: net margin
Ann. Q4: annualized Q4/calendar year 2000 revenues, used for PSR
MCap: market cap in million USD
PSR: price/sales ratio (market cap divided by ann. Q4)
Fiscal year ended...
[1] November 30. 2000,
[2] May 31. 2000,
[3] September 30. 2000,
[4] June 30. 2000,
For EXLN the guidance of the earnings warning PR was used.
WEBM, PPRO, BEAS, SQSW, VERT have not reported yet.
Some observations:
- By quickly comparing the FY 00 and the ann. Q4 column one can
deduce whether Q4/00 was worse than the average 2000 quarter.
EXLN and NEON are the only companies exhibiting this feature.
The fact that NEON still achieved a 49% yoy growth rate and
yet only costs half as much as EXLN (PSR-wise) shows that during
the past month EXLN should have had all the dead cat bounce it
deserves for now.
- Microsoft's net margin is in a class of itself. Its absolute
net income has passed IBM.
- Many high growth rates are accompanied by high losses. A
surprising candidate is VITR - 327% revenue growth while
touching profitability. Yes, ARBA touted its profitability
for Q1/FY 2001 but they have a decent loss to carry forward.
- In 1999 four companies had less revenues than EXLN, incl. ARBA.
Now EXLN is the smallest company in the list.
- MSFT grew its business by $3.2 billion, about 350 times as
much as EXLN ($9 million). |
