NasdaqGS:CAMP

Stock Analysis Report

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

Fundamentals

Imperfect balance sheet and overvalued.


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

-12.1%

CAMP

-5.5%

US Communications

0.2%

US Market


1 Year Return

-48.2%

CAMP

-5.2%

US Communications

12.2%

US Market

Return vs Industry: CAMP underperformed the US Communications industry which returned -5.2% over the past year.

Return vs Market: CAMP underperformed the US Market which returned 12.2% over the past year.


Shareholder returns

CAMPIndustryMarket
7 Day-12.1%-5.5%0.2%
30 Day-6.2%-2.4%3.5%
90 Day0.9%-3.1%6.3%
1 Year-48.2%-48.2%-3.0%-5.2%14.7%12.2%
3 Year-32.2%-32.2%43.5%34.2%47.8%38.3%
5 Year-44.8%-44.8%67.6%48.7%62.1%44.1%

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

Valuation

Is CalAmp undervalued compared to its fair value and its price relative to the market?

1.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CAMP ($9.95) is trading above our estimate of fair value ($2.57)

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 good value 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?

62.1%

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 (4% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: CAMP's revenue (4% 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 low in 3 years time (19.8%).


Next Steps

Past Performance

How has CalAmp performed over the past 5 years?

-15.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAMP has a high level of non-cash earnings.

Growing Profit Margin: CAMP's current net profit margins (-1.5%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: CAMP is unprofitable, and losses have increased over the past 5 years at a rate of -15.1% 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 (42.2%).


Return on Equity

High ROE: CAMP has a negative Return on Equity (-2.75%), 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 ($351.2M) exceeds its short term liabilities ($221.0M)

Long Term Liabilities: CAMP's short term assets (351.2M) exceeds its long term liabilities (245.2M)


Debt to Equity History and Analysis

Debt Level: CAMP's debt to equity ratio (155.3%) is considered high

Reducing Debt: CAMP's debt to equity ratio has increased from 0.8% to 155.3% over the past 5 years.

Debt Coverage: CAMP's debt is not well covered by operating cash flow (3.5%).

Interest Coverage: CAMP is unprofitable, therefore interest payments are not well covered by earnings.


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).


Next Steps

Dividend

What is CalAmp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage3.1%forecastin3Years0%

Current dividend yield vs market & industry

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

What is the CEO of CalAmp's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Michael Burdiek (60yo)

8.4yrs

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 ($USD2.81M) is above average for companies of similar size in the US market ($USD1.73M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.5yrs

Average Tenure

60yo

Average Age

Experienced Management: CAMP's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

5.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: CAMP's board of directors are considered experienced (5.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$566,25010 Jul 19
Larry Wolfe
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares50,000
Max PriceUS$11.52

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Stephen Moran (62yo)

    Senior VP

    • Tenure: 4.8yrs
  • Michael Burdiek (60yo)

    President

    • Tenure: 8.4yrs
    • Compensation: US$2.81m
  • Rick Vitelle (65yo)

    Executive Vice President

    • Tenure: 18.3yrs
    • Compensation: US$596.37k
  • Anand Rau

    Senior Vice President of Engineering

    • Tenure: 1.8yrs
  • Mike Zachan (70yo)

    Senior VP & GM of Wireless Networks Business Unit

    • Tenure: 0yrs
  • Justin Schmid

    Senior Vice President

    • Tenure: 0.8yrs
  • Carl Burrow (58yo)

    Senior Vice President of Global Sales

    • Tenure: 3.5yrs
  • Monica Van Berkel (50yo)

    Senior Vice President of Human Resources

    • Tenure: 3.5yrs
  • Kurt Binder (49yo)

    Executive VP & CFO

    • Tenure: 2.3yrs
    • Compensation: US$1.55m
  • Nadine Traboulsi

    Senior Vice President of Corporate Marketing

    • Tenure: 0yrs

Board Members

  • Amal Johnson (66yo)

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: US$203.00k
  • Larry Wolfe (68yo)

    Independent Director

    • Tenure: 11.4yrs
    • Compensation: US$233.00k
  • Bert Moyer (75yo)

    Independent Chairman

    • Tenure: 6.3yrs
    • Compensation: US$233.00k
  • Jeff Gardner (59yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$188.00k
  • Ira Coron (90yo)

    Chairman Emeritus

    • Tenure: 15.3yrs
  • Michael Burdiek (60yo)

    President

    • Tenure: 8.4yrs
    • Compensation: US$2.81m
  • Jason Cohenour (57yo)

    Independent Director

    • Tenure: 0.4yrs
  • Scott Arnold (55yo)

    Independent Director

    • Tenure: 0.4yrs
  • Jorge Titinger (58yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$188.00k
  • Roxanne Oulman (48yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$300.99k

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$339.497m
  • Shares outstanding: 34.12m
  • Website: https://www.calamp.com

Number of Employees


Location

  • CalAmp Corp.
  • 15635 Alton Parkway
  • Suite 250
  • Irvine
  • California
  • 92618
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAMPNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1983
CF3DB (Deutsche Boerse AG)YesCommon StockDEEURDec 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 comp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/14 23:56
End of Day Share Price2019/11/14 00:00
Earnings2019/08/31
Annual Earnings2019/02/28


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.