Comtech Fundamentals
| CMTL Stock | USD 8.75 0.14 1.63% |
Comtech Telecommunications Corp fundamentals help investors to digest information that contributes to Comtech Telecommunicatio's financial success or failures. It also enables traders to predict the movement of Comtech Stock. The fundamental analysis module provides a way to measure Comtech Telecommunicatio's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comtech Telecommunicatio stock.
Comtech Telecommunicatio Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 276.98 Million. Cost of Revenue is expected to rise to about 356.2 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (29.6 M). Comtech | Select Account or Indicator |
Comtech Shares Owned by Institutions Analysis
Comtech Telecommunicatio's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned by Institutions | All Equity Analysis
| 2020 | 2021 | 2022 | 2023 (projected) | Enterprise Value | 877.04 M | 458.16 M | 526.88 M | 614.13 M | Average Equity | 478.94 M | 471.2 M | 541.88 M | 550.91 M |
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Comtech Telecommunicatio Shares Owned by Institutions | 76.88 % |
Most of Comtech Telecommunicatio's fundamental indicators, such as Shares Owned by Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comtech Telecommunications Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
| Competition |
Based on the latest financial disclosure, 76% of Comtech Telecommunications Corp are shares owned by institutions. This is 68.45% higher than that of the Communications Equipment sector and 60.34% higher than that of the Information Technology industry. The shares owned by institutions for all United States stocks is 96.08% lower than that of the firm.
Comtech Telecommunicatio Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Comtech Telecommunicatio's current stock value. Our valuation model uses many indicators to compare Comtech Telecommunicatio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Comtech Telecommunicatio competition to find correlations between indicators driving Comtech Telecommunicatio's intrinsic value. More Info.Comtech Telecommunications Corp is rated fifth in market capitalization category among related companies. It is rated below average in cash and equivalents category among related companies creating about 0.09 of Cash and Equivalents per Market Capitalization. The ratio of Market Capitalization to Cash and Equivalents for Comtech Telecommunications Corp is roughly 11.27 . Comtech Telecommunicatio Market Capitalization is quite stable at the moment as compared to the past year. The company's current value of Market Capitalization is estimated at 473.97 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value Comtech Telecommunicatio by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Comtech Telecommunicatio's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Comtech Telecommunicatio's earnings, one of the primary drivers of an investment's value.Comtech Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comtech Telecommunicatio's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comtech Telecommunicatio could also be used in its relative valuation, which is a method of valuing Comtech Telecommunicatio by comparing valuation metrics of similar companies.Comtech Telecommunicatio is currently under evaluation in current asset category among related companies.
Comtech Telecommunicatio Current Valuation Drivers
We derive many important indicators used in calculating different scores of Comtech Telecommunicatio from analyzing Comtech Telecommunicatio's financial statements. These drivers represent accounts that assess Comtech Telecommunicatio's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Comtech Telecommunicatio's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 12.44 K | 3.44 K | (36.05 K) | (16.58 K) | (19.07 K) | (19.57 K) | |
| Revenue Per Employee | 333.73 K | 302.38 K | 285.42 K | 243.97 K | 280.57 K | 338.05 K | |
| Average Assets | 875.37 M | 940.59 M | 964.2 M | 983.94 M | 1.13 B | 1.05 B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 50.08 M | 25.93 M | (58.78 M) | (21.73 M) | (19.56 M) | (20.07 M) | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 50.08 M | 25.93 M | (58.78 M) | (21.73 M) | (19.56 M) | (20.07 M) | |
| Earnings before Tax | 28.91 M | 9.31 M | (74.98 M) | (37.08 M) | (33.37 M) | (34.25 M) | |
| Average Equity | 519.75 M | 545.99 M | 478.94 M | 471.2 M | 541.88 M | 550.91 M | |
| Enterprise Value | 848.16 M | 549.21 M | 877.04 M | 458.16 M | 526.88 M | 614.13 M | |
| Free Cash Flow | 59.25 M | 45.54 M | (56.67 M) | (17.62 M) | (15.86 M) | (16.28 M) | |
| Invested Capital | 290.17 M | 315.38 M | 391.7 M | 347.3 M | 399.39 M | 357.28 M | |
| Invested Capital Average | 313.82 M | 338.7 M | 398.13 M | 323.05 M | 371.51 M | 351.44 M | |
| Market Capitalization | 718.34 M | 406.1 M | 650.94 M | 308.24 M | 354.48 M | 473.97 M | |
| Tangible Asset Value | 315.33 M | 341.11 M | 376.71 M | 379.3 M | 341.37 M | 326.76 M | |
| Working Capital | 134.97 M | 117.39 M | 83.94 M | 69.87 M | 62.89 M | 92.83 M |
Comtech Fundamentals
| Return On Equity | -0.051 | |||
| Return On Asset | -0.0037 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.0111) % | |||
| Current Valuation | 543.43 M | |||
| Shares Outstanding | 27.88 M | |||
| Shares Owned by Insiders | 4.53 % | |||
| Shares Owned by Institutions | 76.88 % | |||
| Number of Shares Shorted | 281.93 K | |||
| Price to Earning | 328.11 X | |||
| Price to Book | 0.80 X | |||
| Price to Sales | 0.71 X | |||
| Revenue | 486.24 M | |||
| Gross Profit | 180.94 M | |||
| EBITDA | 13.15 M | |||
| Net Income | (33.05 M) | |||
| Cash and Equivalents | 21.65 M | |||
| Cash per Share | 0.78 X | |||
| Total Debt | 183.11 M | |||
| Debt to Equity | 0.32 % | |||
| Current Ratio | 1.36 X | |||
| Book Value Per Share | 15.81 X | |||
| Cash Flow from Operations | 2 M | |||
| Short Ratio | 1.88 X | |||
| Earnings Per Share | (1.30) X | |||
| Price to Earnings To Growth | 3.80 X | |||
| Target Price | 15.75 | |||
| Number of Employees | 1.99 K | |||
| Beta | 1.65 | |||
| Market Capitalization | 243.99 M | |||
| Total Asset | 974.3 M | |||
| Retained Earnings | 278.68 M | |||
| Working Capital | 69.87 M | |||
| Current Asset | 303.64 M | |||
| Current Liabilities | 184.15 M | |||
| Z Score | 1.83 | |||
| Annual Yield | 0.0457 % | |||
| Five Year Return | 1.91 % | |||
| Net Asset | 974.3 M | |||
| Last Dividend Paid | 0.3 |
About Comtech Telecommunicatio Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comtech Telecommunications Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comtech Telecommunicatio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comtech Telecommunications Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for 2023 | ||
| Deferred Revenue | 74.3 M | 67.4 M | |
| Cost of Revenue | 352.4 M | 356.2 M | |
| Revenues | 559.2 M | 575.8 M | |
| Revenue to Assets | 0.57 | 0.66 | |
| Revenue Per Employee | 280.6 K | 338.1 K |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Comtech Telecommunicatio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Comtech Telecommunicatio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comtech Telecommunicatio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comtech Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.Moving against Comtech Stock
| - | 0.73 | GE | General Electric | Report 24th of October 2023 | PairCorr | |
| - | 0.72 | MRLWF | Marlowe Plc | PairCorr | ||
| - | 0.72 | CAT | Caterpillar | Report 26th of October 2023 | PairCorr | |
| - | 0.7 | KNTK | Kinetik Holdings | Report 8th of November 2023 | PairCorr | |
| - | 0.64 | IBM | International Business | Report 18th of October 2023 | PairCorr |
The ability to find closely correlated positions to Comtech Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comtech Telecommunicatio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comtech Telecommunicatio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comtech Telecommunications Corp to buy it.
The correlation of Comtech Telecommunicatio is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comtech Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comtech Telecommunicatio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comtech Telecommunicatio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Comtech Telecommunicatio Piotroski F Score and Comtech Telecommunicatio Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Comtech Stock analysis
When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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Is Comtech Telecommunicatio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comtech Telecommunicatio. If investors know Comtech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comtech Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.87 | Dividend Share 0.3 | Earnings Share (1.30) | Revenue Per Share 19.184 | Quarterly Revenue Growth 0.116 |
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.