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 Analysis

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-15.3%

CAMP

0.7%

US Communications

-4.1%

US Market


1 Year Return

-68.7%

CAMP

-28.3%

US Communications

-14.9%

US Market

Return vs Industry: CAMP underperformed the US Communications industry which returned -28.3% over the past year.

Return vs Market: CAMP underperformed the US Market which returned -14.9% over the past year.


Shareholder returns

CAMPIndustryMarket
7 Day-15.3%0.7%-4.1%
30 Day-58.6%-6.2%-19.1%
90 Day-55.6%-17.4%-23.4%
1 Year-68.7%-68.7%-26.6%-28.3%-13.2%-14.9%
3 Year-74.8%-74.8%13.0%5.9%10.7%3.5%
5 Year-75.7%-75.7%39.1%23.3%28.5%14.5%

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?

0.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CAMP ($4.11) is trading above our estimate of fair value ($1.11)

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 (0.7x) compared to the US Communications industry average (1.3x).


Next Steps

Future Growth

How is CalAmp forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

10.5%

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 (0.6% per year) is forecast to grow slower than the US market (7.1% per year).

High Growth Revenue: CAMP's revenue (0.6% 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 (13.4%).


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 (-13.2%).


Return on Equity

High ROE: CAMP has a negative Return on Equity (-6.41%), as it is currently unprofitable.


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?

2.5yrs

Average management tenure


CEO

Jeff Gardner (59yo)

0.083

Tenure

US$188,002

Compensation

Mr. Jeffery R. Gardner, also known as Jeff, Founded Gardner Capital Management in February 2015 and serves as its Principal. Mr. Gardner serves as the Interim President and Chief Executive Officer at CalAm ...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffery Gardner
Director0.083yrUS$188.00k0.077% $108.0k
Kurtis Binder
Executive VP & CFO2.75yrsUS$1.55m0.28% $390.8k
Stephen Moran
Senior VP5.25yrsno datano data
Nadine Traboulsi
Senior Vice President of Corporate Marketingno datano datano data
Monica Van Berkel
Senior Vice President of Human Resources3.92yrsno datano data
Richard Vitelle
Executive Vice President18.75yrsUS$596.37kno data
Michael Zachan
Senior VP & GM of Wireless Networks Business Unitno datano datano data
Justin Schmid
Senior Vice President1.17yrsno datano data
Anand Rau
Senior Vice President of Engineering2.25yrsno datano data
Arym Diamond
Senior VP & Chief Revenue Officer0.083yrno datano data

2.5yrs

Average Tenure

60.5yo

Average Age

Experienced Management: CAMP's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffery Gardner
Director0.083yrUS$188.00k0.077% $108.0k
Amal Johnson
Independent Director6.33yrsUS$203.00k0.14% $202.4k
Larry Wolfe
Independent Director11.83yrsUS$233.00k0.54% $751.3k
Albert Moyer
Independent Chairman6.75yrsUS$233.00k0.27% $380.1k
Ira Coron
Chairman Emeritus15.75yrsno datano data
Jason Cohenour
Independent Director0.83yrno data0.076% $106.8k
Scott Arnold
Independent Director0.83yrno datano data
Jorge Titinger
Independent Director4.83yrsUS$188.00k0.019% $26.2k
Roxanne Oulman
Independent Director1.67yrsUS$300.99kno data

5.3yrs

Average Tenure

59yo

Average Age

Experienced Board: CAMP's board of directors are considered experienced (5.3 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$140.393m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAMPNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1983
CF3DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1983
CF3BRSE (Berne Stock Exchange)YesCommon StockCHCHFDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/03 04:50
End of Day Share Price2020/04/02 00:00
Earnings2019/11/30
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.