Informatica Matters

Informatica Corporation (INFA) provides enterprise data integration and data quality software and services. The Company's software solutions enable a variety of complex enterprise data integration initiatives through the technologies, which include enterprise data integration, data quality, master data management, business to business (B2B) data exchange, application information lifecycle management, complex event processing, ultra messaging, and cloud data integration.

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• We like the smooth and predictable evolution of earnings over the last 15 years. This usually means that we will not experience any nasty surprises.

• Also, the company has no debt and good financial ratios. We are initiating a half position because the stock does not pay a dividend.

• Purple Chips 12 -18 month target: $43.00

• LOW VALUATION IN INFORMATICA AT $USD 30.12 (INFA-US, $30.60) HALF POSITION

PURPLE CHIPS TARGET: $43.00 POSITION SIZE: HALF (2.5%) P/E: 20.2X DIV: NIL MKT CAP: $3.3B Cash: $700M RETURN ON CAPITAL: 20.9% EARNINGS YIELD: 5.7% 5 YR EPS Growth rate*:13.7% P/E/G Ratio: 1.48X 2014 EPS: $1.52 2015 EST.: $1.86 2016 EST.: $2.15

*Blended growth rate= 2/3 historical (5yrs), 1/3 forward.