Communications Systems, Inc., through its subsidiaries, manufactures and sells connectivity infrastructure products and services for broadband networks in North America, Europe, the Middle East, Africa, and internationally. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Communications Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JCS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: JCS exceeded the US Communications industry which returned -14% over the past year.
Return vs Market: JCS underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Communications Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StOur View On Communications Systems' (NASDAQ:JCS) CEO Pay
2 months ago | Simply Wall StIs Communications Systems, Inc. (NASDAQ:JCS) A Good Dividend Stock?
4 months ago | Simply Wall StDid You Miss Communications Systems' (NASDAQ:JCS) 74% Share Price Gain?
Is Communications Systems 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: JCS ($4.09) is trading below our estimate of fair value ($116.57)
Significantly Below Fair Value: JCS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JCS is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: JCS 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 JCS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JCS is good value based on its PB Ratio (0.8x) compared to the US Communications industry average (1.7x).
How is Communications Systems forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Communications Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Communications Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JCS is currently unprofitable.
Growing Profit Margin: JCS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JCS is unprofitable, but has reduced losses over the past 5 years at a rate of 25.3% per year.
Accelerating Growth: Unable to compare JCS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JCS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-28.9%).
Return on Equity
High ROE: JCS has a negative Return on Equity (-0.18%), as it is currently unprofitable.
How is Communications Systems's financial position?
Financial Position Analysis
Short Term Liabilities: JCS's short term assets ($43.9M) exceed its short term liabilities ($9.9M).
Long Term Liabilities: JCS's short term assets ($43.9M) exceed its long term liabilities ($505.6K).
Debt to Equity History and Analysis
Debt Level: JCS is debt free.
Reducing Debt: JCS has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable JCS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JCS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.4% per year.
What is Communications Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JCS's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: JCS's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Stability and Growth of Payments
Stable Dividend: JCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: JCS's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: JCS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roger Lacey (70 yo)
Mr. Roger H. D. Lacey has been the Chief Executive Officer of Communications Systems Inc. since February 27, 2015 and served as its President. Mr. Lacey has been Executive Chairman of Communications System ...
CEO Compensation Analysis
Compensation vs Market: Roger's total compensation ($USD472.19K) is about average for companies of similar size in the US market ($USD578.04K).
Compensation vs Earnings: Roger's compensation has been consistent with company performance over the past year.
|Executive Chairman||6.33yrs||US$472.19k||0.97% |
|CFO, Treasurer||no data||US$502.49k||0.24% |
|President & GM of JDL Technologies||7.08yrs||US$309.70k||0.29% |
|Corporate Controller||9.42yrs||US$200.67k||0.20% |
|General Manager of Suttle||no data||US$211.52k||no data|
Experienced Management: JCS's management team is seasoned and experienced (7.1 years average tenure).
|Executive Chairman||6.33yrs||US$472.19k||0.97% |
|Lead Independent Director||1.83yrs||US$32.57k||1.07% |
|Independent Director||7yrs||US$58.82k||0.28% |
|Independent Director||3.42yrs||US$30.69k||0.053% |
|Independent Director||0.33yr||no data||no data|
Experienced Board: JCS's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Communications Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Communications Systems, Inc.
- Ticker: JCS
- Exchange: NasdaqGM
- Founded: 1969
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$38.268m
- Shares outstanding: 9.36m
- Website: https://www.commsystems.com
Number of Employees
- Communications Systems, Inc.
- 10900 Red Circle Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JCS||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Nov 1981|
Communications Systems, Inc., through its subsidiaries, manufactures and sells connectivity infrastructure products and services for broadband networks in North America, Europe, the Middle East, Africa, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 05:12|
|End of Day Share Price||2020/10/23 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.