60
Xyratex
(NasdaqNM: XRTX)
UK
It's hard to get excited about enterprise data storage, but investors in Xyratex have nothing to complain about. The company has become a leader in the arcane business of storing the gigabytes upon gigabytes of e-mails, spreadsheets, videos, and more that big companies generate. It also is a top seller of gear that disk-drive makers use to test their products. Xyratex, which was spun off from IBM in 1994, says that some 55% of all 3.5-in. disk drives and more than 20% of all 2.5-in. drives shipped worldwide are tested with Xytratex equipment. In the 12 months to May 31, the company doubled its sales, to $728 million. Total returns to shareholders were a healthy 48.7% and return on equity stood at 22.6%.
Company Info |
|
| 2005 Rank | Not Ranked |
| Sales* ($ Millions) | 727.6 |
| Sales Growth (over prev. year) |
51 % |
| Profits* ($ Millions) | 38.9 |
| Return on Equity | 22.6 % |
| Total Return on Sales (12-mo.) | 48.7 |
| Share Price As of 5/31/06 | 26.88 |
| CURRENT MARKET INFO | NasdaqNM: XRTX |
| No. of Employees | 1,405 |
| Industry | Computers & Perpherals |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Xyratex engages in the design, development, and manufacture of enabling technology in support of storage and data communication networks. It provides enterprise-class data storage subsystems and storage process technology. The company operates in two segments: storage and network systems, and storage infrastructure. The storage and network systems segment provides network storage subsystem technology, including redundant array of independent disks and switched bunch of disks technology to original equipment manufacturers in the network storage and data networking market places. The storage infrastructure segment provides disk drive process and test technology to the disk drive companies and their component suppliers for the development and production of disk drives. The company operates in Britain, the U.S., and Malaysia. Xyratex, formerly known as Xyratex Group, was founded in 1966. The company is headquartered in Havant, Britain.
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