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Profile - Mitel Corporation (NYSE:MLT)
As of 31-Aug-2001
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Location
400 March Road, Ontario K2K 3H4
Ottowa, Canada
Phone: (613) 592-0200
Fax: (613) 592-0210
Email: corporate@zarlink.com
Employees (last reported count): 2,238
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Communications Equipment
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Ownership
·Insider and 5%+ Owners: 1%
·Institutional: 43% (43% of float)
(119 institutions)
·Net Inst. Buying: 3.12M shares (+5.46%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Mitel Corporation is a global designer, manufacturer and marketer of communications semiconductors for converging voice and data networks in an Internet economy as well as semiconductors for implantable and wearable medical applications. Mitel manufactures and sells communications semiconductor products for the wired, wireless and optical markets. The Company also provides foundry services to third parties on a contract basis. Mitel addresses the medical market with its implantable and wearable solutions. The Company's semiconductor products are primarily non-commodity, specialized products that are proprietary in design and used by multiple customers.
More from Market Guide: Expanded Business Description

Financial Summary
Mitel Corporation is a global provider of communications semiconductors for converging voice and data networks in an Internet economy. For the three months ended 6/29/01, revenues fell 43% to C$105 million. Net loss applicable to Common from continuing operations before US GAAP totalled C$116.9 million vs. an income of C$20.7 million. Results reflect the continued downturn of the semiconductor industry and a $53.6 million special charge.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2001 Compensation
PayExer

Henry Simon, 71
Chairman
--  --  
Patrick Brockett, 53
Pres, CEO, Director
--  --  
Kirk Mandy, 45
Vice Chairman
$7.1M$2.1M
Jean-Jacques Carrier, 50
CFO, Sr. VP-Fin., Director
2.0M1.4M
Donald McIntyre, 53
Sr. VP of HR, Gen. Counsel, Sec., Director
1.9M1.3M
Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:MLTAs of 31-Aug-2001
Price and Volume
52-Week Low
on 11-July-2001
$8.40 
Recent Price$9.18 
52-Week High
on 29-June-2001
$10.53 
Daily Volume (10-day avg)70.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
4-Week Change-10.4%
4-Week Change
relative to S&P500
-4.0%
Share-Related Items
Market Capitalization$1.16B
Shares Outstanding126.3M
Float125.0M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq*)$2.37 
Earnings (ttm)-$2.92 
Earnings (mrq)-$0.60 
Sales (ttm)$3.10 
Cash (mrq*)$1.21 
Valuation Ratios
Price/Book (mrq*)3.88 
Price/EarningsN/A 
Price/Sales (ttm)2.96 
Income Statements
Sales (ttm)$384.0M
EBITDA (ttm*)-$204.9M
Income available to common (ttm)-$364.1M
Profitability
Profit Margin (ttm)-79.6%
Operating Margin (ttm)-80.0%
Fiscal Year
Fiscal Year EndsMar 30
Most recent quarter
(fully updated)
29-June-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)-41.81%
Return on Equity (ttm)-81.17%
Financial Strength
Current Ratio (mrq*)2.50 
Debt/Equity (mrq*)0.03 
Total Cash (mrq)$153.0M
Short Interest
As of 8-Aug-2001
Shares Short554.0K
Percent of Float0.4%
Shares Short
(Prior Month)
668.0K
Short Ratio7.10 
Daily Volume78.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 29-June-2001);   dollar amounts based on an exchange rate of 1.55 Canadian Dollars/US Dollar

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