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COMS

COMSovereign HoldingNasdaqCM:COMS Stock Report

Market Cap

US$91.8m

7D

-9.4%

1Y

-82.2%

Updated

26 Nov, 2021

Data

Company Financials +
COMS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

COMS Stock Overview

ComSovereign Holding Corp. designs, develops, markets, and sells technologically-advanced telecom solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide.

COMSovereign Holding Competitors

Aviat Networks

NasdaqGS:AVNW

US$341.2m

Meta Platforms

NasdaqGS:FB

US$926.7b

Telefonaktiebolaget LM Ericsson

OM:ERIC B

kr309.1b

Nokia

HLSE:NOKIA

€27.8b

Price History & Performance

Summary of all time highs, changes and price drops for COMSovereign Holding
Historical stock prices
Current Share PriceUS$1.15
52 Week HighUS$7.05
52 Week LowUS$1.11
Beta0
1 Month Change-15.44%
3 Month Change-43.35%
1 Year Change-82.17%
3 Year Changen/a
5 Year Changen/a
Change since IPO-54.36%

Recent News & Updates

May 28

COMSovereign inks $10M funding agreement with The Lind Partners

COMSovereign ([[COMS]] +2.6%) signed a funding agreement for gross proceeds of $10M with Lind Global Asset Management, an investment entity managed by NY-based institutional fund manager The Lind Partners.The investment is in the form of a 10% Original Issue Discount convertible note in the principal amount of $11M that has a 24-month maturity and a fixed conversion price of $4.50/share and warrants to purchase 1.82M shares."This capital will enable us to fulfil additional customer purchase orders and advance the ongoing build-out of our Tucson

Shareholder Returns

COMSUS CommunicationsUS Market
7D-9.4%0.9%-2.7%
1Y-82.2%31.6%21.3%

Return vs Industry: COMS underperformed the US Communications industry which returned 31.6% over the past year.

Return vs Market: COMS underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is COMS's price volatile compared to industry and market?
COMS volatility
COMS Average Weekly Movement14.6%
Communications Industry Average Movement6.3%
Market Average Movement5.9%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.2%

Stable Share Price: COMS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: COMS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2014112Dan Hodgeshttps://www.comsovereign.com

ComSovereign Holding Corp. designs, develops, markets, and sells technologically-advanced telecom solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company designs, manufactures, and sells microwave packet radio equipment, such as backhaul telecom radios that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations to meet their increasing bandwidth requirements rapidly and affordably; and in-band full-duplex and transpositional modulation technologies that alleviate the performance limitations of the principal transmission technologies. It also offers intelligent batteries and back-up power solutions for use in cellular towers and other radio access network infrastructures, as well as automotive, aerospace, and marine vehicles; and tethered drones and aerostats for use in intelligence, surveillance, and reconnaissance, as well as communication applications for national defense and security customers.

COMSovereign Holding Fundamentals Summary

How do COMSovereign Holding's earnings and revenue compare to its market cap?
COMS fundamental statistics
Market CapUS$91.81m
Earnings (TTM)-US$49.63m
Revenue (TTM)US$11.73m

7.8x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COMS income statement (TTM)
RevenueUS$11.73m
Cost of RevenueUS$5.83m
Gross ProfitUS$5.90m
ExpensesUS$55.53m
Earnings-US$49.63m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.62
Gross Margin50.29%
Net Profit Margin-423.27%
Debt/Equity Ratio21.4%

How did COMS perform over the long term?

See historical performance and comparison

Valuation

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

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate COMS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate COMS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: COMS is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.

PE vs Market: COMS 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 COMS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: COMS is good value based on its PB Ratio (0.6x) compared to the US Communications industry average (2.2x).


Future Growth

How is COMSovereign Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

138.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COMS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: COMS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: COMS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: COMS's revenue (185.2% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: COMS's revenue (185.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if COMS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has COMSovereign Holding performed over the past 5 years?

-18.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: COMS is currently unprofitable.

Growing Profit Margin: COMS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if COMS's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare COMS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: COMS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).


Return on Equity

High ROE: COMS has a negative Return on Equity (-34.71%), as it is currently unprofitable.


Financial Health

How is COMSovereign Holding's financial position?


Financial Position Analysis

Short Term Liabilities: COMS's short term assets ($22.8M) do not cover its short term liabilities ($23.6M).

Long Term Liabilities: COMS's short term assets ($22.8M) exceed its long term liabilities ($21.8M).


Debt to Equity History and Analysis

Debt Level: COMS's net debt to equity ratio (19.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if COMS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: COMS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: COMS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 128.6% each year


Dividend

What is COMSovereign Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate COMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate COMS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if COMS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if COMS'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 COMS'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?

1.3yrs

Average management tenure


CEO

Dan Hodges (54 yo)

2yrs

Tenure

US$246,996

Compensation

Mr. Daniel L. Hodges, also known as Dan, is the Co-Founder of ComSovereign Holding Corp. (formerly, Drone Aviation Holding Corp. and ComSovereign Corp.) and has been its Chairman and Chief Executive Office...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD247.00K) is below average for companies of similar size in the US market ($USD553.25K).

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: COMS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: COMS's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: COMS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.5%.


Top Shareholders

Company Information

COMSovereign Holding Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: COMSovereign Holding Corp.
  • Ticker: COMS
  • Exchange: NasdaqCM
  • Founded: 2014
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$91.810m
  • Shares outstanding: 79.83m
  • Website: https://www.comsovereign.com

Number of Employees


Location

  • COMSovereign Holding Corp.
  • 5000 Quorum Drive
  • Suite 400
  • Dallas
  • Texas
  • 75254
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 23:05
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.