No. of Recommendations: 1
Here's my analysis with corrected numbers and Clarify added as a competitor.
Keep in mind that Siebel would not be considered a classic rule maker because
its sales are less than 1B and they've initiated debt. When ranked against only
Dendrite and Clarify (not Oracle) Siebel's score improves to 41. For a good
look at the numbers from a different angle check out YouJest's posts at
http://boards.fool.com/Message.asp?id=1240091000192000&sort=postdate and
http://boards.fool.com/Message.asp?id=1240091000192005&sort=postdate
Financial AnalysiCompany Being Evaluated Competitor #1 Competitor #2 Competitor #3
Siebel Systems Oracle Dendrite Clarify
1999 Annual 1998 Annual Year-over-Year 2Q 00 TTM 1999 Annual 1999 Annual
12/31/1999 12/31/1998 Growth 11/30/1999 12/31/1999 12/31/1999
Income Statement Released 1/25/00
Sales 791 410 92.9% 9,323 172 231
Cost of Goods S 181 71 154.9% 5,805 75 55
Net Income 122 44 177.3% 1,442 19 15
Shares Outstand 226 202 11.9%
Balance Sheet . . .
Cash & Equivale 806 233 245.9% 2,134 65 58
Current Assets 1,129 386 192.5% 4,400 100 142
Short-term Debt 0 0 No Debt 3 0 0
Current Liabili 251 156 60.9% 2,471 22 79
Long-term Debt 300 0 Initiated Debt 301 0 0
1 1 1Competitors
Margins & Ratios . . .
Gross Margins 77.1% 82.7% -5.6 37.7% 56.4% 76.2% 56.8%
Net Margins 15.4% 10.7% 4.7 15.5% 11.0% 6.5% 11.0%
Cash-to-Debt 2.69 No Debt!Initiated Debt 7.02 No Debt! No Debt! 7.42
Net Cash 506.0 233.0 117.2% 1830.0 65.0 58.0 651.0
Fool Flow Ratio 1.29 0.98 31.2% 0.92 1.59 1.06 1.19
Continue Here
Ranking Rule Makers
1) Brand Points (0-1) 3) Financial Dire Points (0-3)
Familiarity 0 Sales Growth 3
Openness 1 Gross Margins 0
Optimism 1 Net Margins 3
Legitimacy 1 Shares Outstandin 0
Inevitability 1 Cash-to-Debt 2
Solitariness 1 Fool Flow Ratio 0
Humor 1 Expansion Potenti 2
Subtotal 6 Subtotal 10
2) Financial Loca Points (0-2) 4) Monopoly Statu Points (0-4)
Mass Market Habit 1 Gross Margins 4
Gross Margins 2 Net Margins 2
Net Margins 2 Net Cash 0
Cash-to-Debt 2 Fool Flow Ratio 0
Fool Flow Ratio 0 Convenience 4
Your Interest 1 Subtotal 10
Subtotal 8
5) Your Enjoymen 1
Total Score 35 Third Tier