CalAmp
Market Cap
US$350.5m
Last Updated
2020/02/20 01:43 UTC
Data Sources
Company Financials +
Executive Summary
CalAmp Corp. provides in telematics systems, and software and subscription services in the United States, Latin America, Western Europe, Asia Pacific, the Middle East, Africa, and internationally.
Snowflake Analysis
Imperfect balance sheet with concerning outlook.
Similar Companies
Share Price & News
How has CalAmp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAMP has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
CAMP
-4.3%
US Communications
0.06%
US Market
1 Year Return
-28.6%
CAMP
-7.1%
US Communications
19.4%
US Market
Return vs Industry: CAMP underperformed the US Communications industry which returned -7.1% over the past year.
Return vs Market: CAMP underperformed the US Market which returned 19.4% over the past year.
Shareholder returns
| CAMP | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -4.3% | 0.06% |
| 30 Day | 2.6% | -4.5% | 1.1% |
| 90 Day | -1.3% | 3.4% | 8.9% |
| 1 Year | -28.6%-28.6% | -5.2%-7.1% | 21.9%19.4% |
| 3 Year | -34.4%-34.4% | 30.9%22.9% | 48.9%39.3% |
| 5 Year | -47.1%-47.1% | 58.1%40.5% | 71.9%53.1% |
Price Volatility Vs. Market
How volatile is CalAmp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Should You Take Comfort From Insider Transactions At CalAmp Corp. (NASDAQ:CAMP)?3 weeks ago | Simply Wall St
Our Take On CalAmp Corp.'s (NASDAQ:CAMP) CEO Salary1 month ago | Simply Wall St
What Kind Of Investor Owns Most Of CalAmp Corp. (NASDAQ:CAMP)?Valuation
Is CalAmp undervalued compared to its fair value and its price relative to the market?
1.84x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CAMP ($10.32) is trading above our estimate of fair value ($4.88)
Significantly Below Fair Value: CAMP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CAMP is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: CAMP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAMP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAMP is overvalued based on its PB Ratio (1.8x) compared to the US Communications industry average (1.8x).
Next Steps
Future Growth
How is CalAmp forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
47.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAMP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CAMP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CAMP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CAMP's revenue (3.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: CAMP's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAMP's Return on Equity is forecast to be high in 3 years time (20.7%)
Next Steps
Past Performance
How has CalAmp performed over the past 5 years?
-23.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAMP is currently unprofitable.
Growing Profit Margin: CAMP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CAMP is unprofitable, and losses have increased over the past 5 years at a rate of -23.3% per year.
Accelerating Growth: Unable to compare CAMP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAMP is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-20.3%).
Return on Equity
High ROE: CAMP has a negative Return on Equity (-6.41%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CalAmp's financial position?
Financial Position Analysis
Short Term Liabilities: CAMP's short term assets ($253.3M) exceed its short term liabilities ($129.8M).
Long Term Liabilities: CAMP's short term assets ($253.3M) exceed its long term liabilities ($241.9M).
Debt to Equity History and Analysis
Debt Level: CAMP's debt to equity ratio (109.8%) is considered high.
Reducing Debt: CAMP's debt to equity ratio has increased from 0.5% to 109.8% over the past 5 years.
Balance Sheet
Inventory Level: CAMP has a high level of physical assets or inventory.
Debt Coverage by Assets: CAMP's debt is covered by short term assets (assets are 1.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CAMP has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: CAMP has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is CalAmp's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAMP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CAMP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CAMP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAMP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAMP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Michael Burdiek (60yo)
8.7yrs
Tenure
US$2,813,743
Compensation
Mr. Michael J. Burdiek has been President of LoJack Corporation since March 18, 2016. Mr. Burdiek has been the Chief Executive Officer of CalAmp Corp. since June 1, 2011 and has been its President since Ju ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.81M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.7yrs | US$2.81m | 1.8% $6.3m | |
| Executive VP & CFO | 2.6yrs | US$1.55m | 0.28% $975.7k | |
| Senior VP | 5.1yrs | no data | no data | |
| Senior Vice President of Corporate Marketing | 0yrs | no data | no data | |
| Senior Vice President of Human Resources | 3.8yrs | no data | no data | |
| Executive Vice President | 18.6yrs | US$596.37k | no data | |
| Senior VP & GM of Wireless Networks Business Unit | 0yrs | no data | no data | |
| Senior Vice President | 1yrs | no data | no data | |
| Senior Vice President of Engineering | 2.1yrs | no data | no data |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Management: CAMP's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.7yrs | US$2.81m | 1.8% $6.3m | |
| Independent Director | 6.2yrs | US$203.00k | 0.14% $505.3k | |
| Independent Director | 11.7yrs | US$233.00k | 0.54% $1.9m | |
| Independent Chairman | 6.6yrs | US$233.00k | 0.27% $948.9k | |
| Independent Director | 5.1yrs | US$188.00k | 0.077% $269.5k | |
| Chairman Emeritus | 15.6yrs | no data | no data | |
| Independent Director | 0.7yrs | no data | 0.076% $266.6k | |
| Independent Director | 0.7yrs | no data | no data | |
| Independent Director | 4.7yrs | US$188.00k | 0.019% $65.3k | |
| Independent Director | 1.5yrs | US$300.99k | no data |
5.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CAMP's board of directors are considered experienced (5.6 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CalAmp Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CalAmp Corp.
- Ticker: CAMP
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$350.469m
- Shares outstanding: 34.16m
- Website: https://www.calamp.com
Number of Employees
Location
- CalAmp Corp.
- 15635 Alton Parkway
- Suite 250
- Irvine
- California
- 92618
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CAMP | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1983 |
| CF3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1983 |
Biography
CalAmp Corp. provides in telematics systems, and software and subscription services in the United States, Latin America, Western Europe, Asia Pacific, the Middle East, Africa, and internationally. The company offers mobile resource management telematics devices for the Internet of Things market, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets. It also provides telematics products, including asset tracking units, mobile telematics devices, fixed and mobile wireless gateways, and routers. In addition, the company offers CalAmp Telematics Cloud platform, such as cloud-based application enablement and telematics service platforms that facilitate integration of its own applications, as well as those of third parties, through open application programming interfaces; and software as a service applications. It sells its products and services to customers in the automotive, insurance, transportation and logistics, government, construction, and utilities markets through direct sales organization, a channel partner program and an international network of licensees, and sales representatives, as well as its Websites and digital presence. CalAmp Corp. has a strategic relationship with Sprint to deliver intelligent telematics devices and software applications. The company was founded in 1981 and is headquartered in Irvine, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 01:43 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/11/30 |
| Annual Earnings | 2019/02/28 |
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.