Comtech Telecommunicatio Profitability Analysis

CMTL Stock  USD 14.96  0.10  0.67%   
For Comtech Telecommunicatio profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Comtech Telecommunicatio to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Comtech Telecommunications Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Comtech Telecommunicatio's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Comtech Telecommunications Corp over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
Sales per Share is expected to hike to 24.31 this year. The value of Consolidated Income is estimated to pull down to about (67.9 M). The value of Net Income is estimated to pull down to about (39 M).

Comtech Telecommunicatio Revenues

446.62 Million

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
Market Capitalization
412.7 M
Quarterly Revenue Growth
0.123
Return On Assets
(0.0027) 
Return On Equity
(0.07) 
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 Comtech Telecommunicatio value 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.

Comtech Telecommunicatio Number of Shares Shorted vs. Beta Fundamental Analysis

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.
Comtech Telecommunications Corp is number one stock in beta category among related companies. It is number one stock in number of shares shorted category among related companies making about  130,616  of Number of Shares Shorted per Beta. . 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 Number of Shares Shorted vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Comtech Telecommunicatio 
Beta 
 = 
Covariance 
Variance 
1.64
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Comtech Telecommunicatio 
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
213.81 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Comtech Number of Shares Shorted Comparison

Comtech Telecommunicatio is currently under evaluation in number of shares shorted category among related companies.

Comtech Telecommunicatio Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Comtech Telecommunicatio, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Comtech Telecommunicatio will eventually generate negative long term returns. The profitability progress is the general direction of Comtech Telecommunicatio's change in net profit over the period of time. It can combine multiple indicators of Comtech Telecommunicatio, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2023
Consolidated Income-66.1 M-67.9 M
Net Income-38 M-39 M
Net Income Common Stock-66.1 M-67.9 M
Operating Income-38.8 M-39.8 M
Income Tax Expense-1.4 M-1.4 M
Net Income Per Employee-19.1 K-19.6 K

Comtech Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Comtech Telecommunicatio. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Comtech Telecommunicatio position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Comtech Telecommunicatio's important profitability drivers and their relationship over time.

Comtech Telecommunicatio Profitability Trends

Comtech Telecommunicatio profitability trend refers to the progression of profit or loss within a business. An upward trend means that Comtech Telecommunicatio's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Comtech Telecommunicatio's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Comtech Telecommunicatio Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Comtech Telecommunicatio different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Comtech Telecommunicatio in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Comtech Telecommunicatio's future profitability.

Use Comtech Telecommunicatio in pair-trading

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.

Comtech Telecommunicatio Pair Trading

Comtech Telecommunications Corp Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Comtech Telecommunicatio position

In addition to having Comtech Telecommunicatio in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banking Thematic Idea Now

Banking
Banking Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
View All  Next Launch
Continue to Trending Equities. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for analysis

When running Comtech Telecommunicatio 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 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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
To fully project Comtech Telecommunicatio's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Comtech Telecommunicatio at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Comtech Telecommunicatio's income statement, its balance sheet, and the statement of cash flows.
Potential Comtech Telecommunicatio investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Comtech Telecommunicatio investors may work on each financial statement separately, they are all related. The changes in Comtech Telecommunicatio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comtech Telecommunicatio's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.