Forbes Names Amdocs to Top 400 List
Forbes has selected Amdocs as one of its Platinum 400, the 400 best of the biggest publicly traded companies in America. Amdocs was chosen after Forbes’ review of its financial metrics, Wall Street forecasts, corporate governance ratings and other public information.
Amdocs is in very good company; among the 10 other software and services companies selected were Google, Intuit, Microsoft, and Oracle.
Forbes selected AT&T, an Amdocs customer, as its company of the year.
The Process
The initial pool of companies began with 1,000 American and foreign companies, with a significant presence in the United States, more than $1 billion in revenue and a stock price of at least $5 per share.
The companies were then assigned among 26 industries and ranked against their peers on five-year and 12-month sales and earnings growth and total shareholder returns. The ranking system also considered debt to capital ratios and consensus forecasts for long-term earnings growth. Forbes staff reviewed public relations and analyst reports to discover any negative comments about the companies.
Forbes also used Audit Integrity, an independent research and rating service that evaluated the risks associated with accounting and governance practices to further filter the list. AI’s proprietary analytics engine compared company metrics to prior periods, peer companies and industry norms. Based on their findings, each company received a score and a ranking in three different categories: Accounting and Governance, Financial Condition, and Earnings Quality.
The final scores in all areas were tallied, and the list of 400 was created.
See the Forbes 400 Best Big Companies >
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