Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally.
Undervalued with excellent balance sheet.
Share Price & News
How has Comtech Telecommunications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CC6's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CC6 exceeded the German Communications industry which returned -37.9% over the past year.
Return vs Market: CC6 underperformed the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is Comtech Telecommunications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Comtech Telecommunications undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CC6 (€13.8) is trading below our estimate of fair value (€32.64)
Significantly Below Fair Value: CC6 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CC6 is poor value based on its PE Ratio (15.5x) compared to the Communications industry average (15x).
PE vs Market: CC6 is good value based on its PE Ratio (15.5x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: CC6 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: CC6 is good value based on its PB Ratio (0.7x) compared to the DE Communications industry average (2.3x).
How is Comtech Telecommunications forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CC6's forecast earnings growth (38.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: CC6's earnings (38.7% per year) are forecast to grow faster than the German market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CC6's revenue (5.7% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: CC6's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CC6's Return on Equity is forecast to be high in 3 years time
How has Comtech Telecommunications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CC6 has a large one-off loss of $7.5M impacting its January 31 2020 financial results.
Growing Profit Margin: CC6's current net profit margins (3.5%) are lower than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: CC6's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: CC6's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CC6 had negative earnings growth (-12.4%) over the past year, making it difficult to compare to the Communications industry average (21.9%).
Return on Equity
High ROE: CC6's Return on Equity (4.3%) is considered low.
How is Comtech Telecommunications's financial position?
Financial Position Analysis
Short Term Liabilities: CC6's short term assets ($289.6M) exceed its short term liabilities ($163.2M).
Long Term Liabilities: CC6's short term assets ($289.6M) exceed its long term liabilities ($235.6M).
Debt to Equity History and Analysis
Debt Level: CC6's debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CC6's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CC6's debt is well covered by operating cash flow (54.6%).
Interest Coverage: CC6's interest payments on its debt are well covered by EBIT (5.8x coverage).
Inventory Level: CC6 has a low level of unsold assets or inventory.
Debt Coverage by Assets: CC6's debt is covered by short term assets (assets are 1.8x debt).
What is Comtech Telecommunications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CC6's dividend (2.67%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: CC6's dividend (2.67%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: CC6's dividend payments have been volatile in the past 10 years.
Growing Dividend: CC6's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.3%), CC6's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fred Kornberg (83yo)
Mr. Fred Kornberg has been the Chief Executive Officer of Comtech Telecommunications Corp. since September 29, 2016. Mr. Kornberg was the President of Comtech Telecommunications Corp. from September 29, 20 ...
CEO Compensation Analysis
Compensation vs Market: Fred's total compensation ($USD3.74M) is above average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Fred's compensation has been consistent with company performance over the past year.
|Chairman & CEO||3.5yrs||US$3.74m||1.43% $4.8m|
|President & COO||no data||US$2.20m||0.38% $1.3m|
|Chief Financial Officer||1.42yrs||US$960.58k||0.10% $332.9k|
|Senior VP and President of Comtech EF Data Corp. & Xicom Technology Inc.||5.17yrs||US$1.01m||0.17% $573.6k|
|Vice President of International Marketing||10.42yrs||no data||no data|
|President of Location Technologies||4.08yrs||no data||no data|
|President of Mission-Critical Technologies||3yrs||no data||no data|
|President of Safety and Security Technologies||6.92yrs||no data||no data|
|Senior VP of Mobile Datacom Managed Services||no data||no data||no data|
|Senior VP of Space & Component Technology||no data||no data||no data|
Experienced Management: CC6's management team is considered experienced (4.1 years average tenure).
|Chairman & CEO||3.5yrs||US$3.74m||1.43% $4.8m|
|Independent Director||17.75yrs||US$190.00k||0.034% $112.4k|
|Independent Director||13yrs||US$187.50k||0.080% $266.5k|
|Independent Director||3.42yrs||US$187.50k||0.031% $105.0k|
|Lead Independent Director||8.5yrs||US$207.50k||0.017% $58.1k|
|Independent Director||4.58yrs||US$200.00k||0.031% $105.0k|
|Director||no data||no data||no data|
Experienced Board: CC6's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Comtech Telecommunications Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Comtech Telecommunications Corp.
- Ticker: CC6
- Exchange: DB
- Founded: 1967
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$370.544m
- Listing Market Cap: US$334.194m
- Shares outstanding: 24.72m
- Website: https://www.comtechtel.com
Number of Employees
- Comtech Telecommunications Corp.
- 68 South Service Road
- Suite 230
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CMTL||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1972|
|CC6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
Comtech Telecommunications Corp. designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. It operates through Commercial Solutions and Government Solutions segments. The Commercial Solutions segment offers satellite ground station technologies, including modems, amplifiers, converters, and network software to modulate, demodulate, and amplify signals, as well as to carry voice, video, and/or data over networks; and public safety and location technologies that enable 911 call routing via cellular and over the Internet. The Government Solutions segment offers mission-critical technologies tactical satellite-based networks, such as satellite modems, ruggedized routers, and solid-state drives; very small aperture terminals; and sustainment services for the secret Internet protocol router and non-classified Internet protocol router access point. This segment also offers high-performance transmission technologies that are used in communication systems comprising electronic warfare, radar, and identification friend or foe (IFF); troposcatter technologies for satellite communication; and high-power amplifiers and related switching technologies used in electronic warfare, communications, radar, IFF, and medical applications consisting of oncology cancer treatment systems. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, prime contractors and system suppliers, Medical equipment companies, aviation industry system integrators, oil companies, and domestic and international defense and government customers. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 22:44|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.