Overview Dividends

(CMTL) Comtech Telecommunications - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2058262096

Satellite Modems, VSAT Platforms, Amplifiers, 911 Software, Microwave Equipment

Communications Equipment
Market Cap in USD: 132m

IPO / Inception: 1992-02-18
Return 12m vs S&P 500: -6.49%

EPS (Earnings per Share)

EPS CAGR: -2.86%
EPS Trend: -28.9%

Last SUE: 0.02
Qual. Beats: 0

Revenue

Rev. CAGR: -2.13%
Rev. Trend: -23.5%

Last SUE: 0.06
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	94.7%
Value at Risk 5%th	116%
Relative Tail Risk	-25.70%

Reward TTM
Sharpe Ratio	0.66
Alpha	-1.50
CAGR/Max DD	-0.29

Character TTM
Hurst Exponent	0.415
Beta	1.546
Beta Downside	1.531

Drawdowns 3y
Max DD	92.51%
Mean DD	64.58%
Median DD	79.57%

Description: CMTL Comtech Telecommunications December 25, 2025

Comtech Telecommunications Corp. (NASDAQ:CMTL) delivers critical communications hardware and services through two main divisions: Satellite & Space Communications and Allerium. The Satellite & Space segment builds and integrates ground-segment equipment-such as traveling-wave-tube amplifiers, VSAT platforms, and troposcatter radios-that support voice, video, and data traffic across GEO, MEO, and LEO constellations, while also offering cybersecurity training and supply-chain sourcing for aerospace parts.

The Allerium segment focuses on public-safety and emergency-services solutions, including 911 call routing, location validation, policy-based routing, and wireless emergency alert systems for government, commercial, and telecom customers.

Key market drivers for Comtech include the accelerating deployment of LEO satellite constellations (e.g., Starlink, OneWeb) that boost demand for ground-segment infrastructure, and rising federal defense budgets that sustain long-term contracts for secure communications equipment. In FY 2023 the company reported $1.1 billion in revenue, with the Satellite & Space segment contributing roughly 70% of sales and a year-over-year growth rate of 5%-above the 3% average growth in the broader communications-equipment sector.

Comtech’s backlog of long-term government contracts was estimated at $300 million as of Q3 2024, providing a visible revenue runway that helps mitigate short-term demand volatility.

For a deeper quantitative view, you might explore ValueRay’s analyst dashboard for additional metrics and valuation models.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-22.8m TTM) > 0 and > 6% of Revenue (6% = 29.7m TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA 11.89pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 22.16% (prev -15.22%; Δ 37.38pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.03 (>3.0%) and CFO 21.6m > Net Income -22.8m (YES >=105%, WARN >=100%)

Net Debt (214.7m) to EBITDA (26.1m) ratio: 8.23 <= 3.0 (WARN <= 3.5)

Current Ratio 1.70 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (29.6m) change vs 12m ago 0.58% (target <= -2.0% for YES)

Gross Margin 29.32% (prev 21.41%; Δ 7.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 64.79% (prev 63.58%; Δ 1.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.05 (EBITDA TTM 26.1m / Interest Expense TTM 47.8m) >= 6 (WARN >= 3)

Altman Z'' 0.86

(A) 0.15 = (Total Current Assets 266.6m - Total Current Liabilities 156.9m) / Total Assets 734.1m

(B) -0.03 = Retained Earnings (Balance) -22.8m / Total Assets 734.1m

(D) -0.04 = Book Value of Equity -18.3m / Total Liabilities 455.1m

Total Rating: 0.86 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 37.11

1. Piotroski 2.50pt

2. FCF Yield 3.52%

3. FCF Margin 2.46%

4. Debt/Equity 0.93

5. Debt/Ebitda 8.23

6. ROIC - WACC (= -6.22)%

7. RoE -8.21%

8. Rev. Trend -23.47%

9. EPS Trend -28.91%

What is the price of CMTL shares?

As of December 29, 2025, the stock is trading at USD 4.73 with a total of 343,454 shares traded.
Over the past week, the price has changed by +21.59%, over one month by +54.58%, over three months by +80.53% and over the past year by +11.03%.

Is CMTL a buy, sell or hold?

Comtech Telecommunications has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy CMTL.

Strong Buy: 1
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CMTL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	6	26.8%
Analysts Target Price	6	26.8%
ValueRay Target Price	4.4	-6.1%

CMTL Fundamental Data Overview December 25, 2025

Market Cap USD = 131.6m (131.6m USD * 1.0 USD.USD)
P/E Forward = 5.291
P/S = 0.2659
P/B = 1.5335
P/EG = 0.6615
Beta = 1.138
Revenue TTM = 494.8m USD
EBIT TTM = 2.46m USD
EBITDA TTM = 26.1m USD
Long Term Debt = 216.8m USD (from longTermDebt, last quarter)
Short Term Debt = 10.5m USD (from shortTermDebt, last quarter)
Debt = 258.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 214.7m USD (from netDebt column, last quarter)
Enterprise Value = 346.2m USD (131.6m + Debt 258.3m - CCE 43.6m)
Interest Coverage Ratio = 0.05 (Ebit TTM 2.46m / Interest Expense TTM 47.8m)
FCF Yield = 3.52% (FCF TTM 12.2m / Enterprise Value 346.2m)
FCF Margin = 2.46% (FCF TTM 12.2m / Revenue TTM 494.8m)
Net Margin = -4.60% (Net Income TTM -22.8m / Revenue TTM 494.8m)
Gross Margin = 29.32% ((Revenue TTM 494.8m - Cost of Revenue TTM 349.7m) / Revenue TTM)
Gross Margin QoQ = 28.57% (prev 31.20%)
Tobins Q-Ratio = 0.47 (Enterprise Value 346.2m / Total Assets 734.1m)
Interest Expense / Debt = 4.47% (Interest Expense 11.6m / Debt 258.3m)
Taxrate = -2.86% (negative due to tax credits) (442.0k / -15.4m)
NOPAT = 2.53m (EBIT 2.46m * (1 - -2.86%)) [negative tax rate / tax credits]
Current Ratio = 1.70 (Total Current Assets 266.6m / Total Current Liabilities 156.9m)
Debt / Equity = 0.93 (Debt 258.3m / totalStockholderEquity, last quarter 279.0m)
Debt / EBITDA = 8.23 (Net Debt 214.7m / EBITDA 26.1m)
Debt / FCF = 17.62 (Net Debt 214.7m / FCF TTM 12.2m)
Total Stockholder Equity = 277.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.10% (Net Income -22.8m / Total Assets 734.1m)
RoE = -8.21% (Net Income TTM -22.8m / Total Stockholder Equity 277.4m)
RoCE = 0.50% (EBIT 2.46m / Capital Employed (Equity 277.4m + L.T.Debt 216.8m))
RoIC = 0.78% (NOPAT 2.53m / Invested Capital 324.6m)
WACC = 7.00% (E(131.6m)/V(389.8m) * Re(11.71%) + D(258.3m)/V(389.8m) * Rd(4.47%) * (1-Tc(-0.03)))
Discount Rate = 11.71% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.51%
[DCF Debug] Terminal Value 64.66% ; FCFE base≈12.2m ; Y1≈11.4m ; Y5≈10.6m
Fair Price DCF = 3.75 (DCF Value 111.1m / Shares Outstanding 29.6m; 5y FCF grow -8.28% → 3.0% )
EPS Correlation: -28.91 | EPS CAGR: -2.86% | SUE: 0.02 | # QB: 0
Revenue Correlation: -23.47 | Revenue CAGR: -2.13% | SUE: 0.06 | # QB: 0
EPS next Quarter (2026-01-31): EPS=-0.30 | Chg30d=+0.050 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-07-31): EPS=-0.96 | Chg30d=+0.380 | Revisions Net=+1 | Growth EPS=+60.2% | Growth Revenue=-7.8%
EPS next Year (2027-07-31): EPS=-0.82 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+14.6% | Growth Revenue=+2.0%

Additional Sources for CMTL Stock

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