COMTECH TELECOMMUN CMTL

August 12, 2021 - 7:36pm EST by

member

						2021	2022
Price:		26.17		EPS		1.70	2.00
Shares Out. (in M):		26		P/E		15.5	13
Market Cap (in $M):		689		P/FCF		14	11.5
Net Debt (in $M):		150		EBIT		30	45
TEV (in $M):		840		TEV/EBIT		28	18.7

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 6 messages. To gain access to more recent message posts signup free for membership.

#	AUTHOR DATE SUBJECT
14	member 3/16/23 12:59PM Re: Re: Re: Re: Re: Dividend Cut / Update 13
They cleaned it up nicely! The legacy routing / LBS business for Comtech is hugely profitable and comps well to Intrado in that regard. The NG stuff is subscale and low margin with current revenue... login to read the rest view available tags
12	member 3/15/23 9:19PM Re: Re: Re: Dividend Cut / Update 11
Possibly reflective of market fears, though I think Comtech has a good operational and financial turnaround story for the refi. Business is no longer in decline (will be three straight quarters of YoY growth, bookings... login to read the rest view available tags
10	member 3/15/23 3:50PM Re: Dividend Cut / Update 9
Our feeling is this could be a great entry point for those who missed the YTD run. Ken didn't like inheriting a legacy capital allocation policy with a dividend, and I think IR / Ken... login to read the rest view available tags
7	member 8/10/22 9:11AM Ken Peterman promoted to President and CEO!
How things began: "Moreover, we believe shareholders should now question the Board’s conduct as fiduciaries in having chosen to name Mr. Porcelain as the Company’s next CEO. After all, Mr. Porcelain and outgoing CEO Fred Kornberg... login to read the rest view available tags
6	member 7/28/22 1:32PM Underappreciated changes?
https://www.comtechtel.com/news-releases/news-release-details/comtech-appoints-ken-peterman-board-directors Ken Peterman is one of the best reputed execs in SATCOM, so having him become Chairman just months after joining the Board is a significant event. This will soon be a Comtech without Fred Kornberg. Interestingly VSAT... login to read the rest view available tags
5	member 5/19/22 2:01PM Re: Will CMTL be cut from the Russell 2000? 4
at 300m+ market cap on rank day, CMTL was healthily above the cutoff of ~$240m so they are safe. There is no meaningful rebalance impact on CMTL from the Russell. 1 view available tags
4	member 5/19/22 11:56AM Will CMTL be cut from the Russell 2000?
Has anyone done work on what the new mkt cap limits will be on the Russell 2000 for the upcoming reconstitution, or where I can get this data? May 6th was "Rank Day" and on ... login to read the rest view available tags
3	member 4/05/22 8:59AM Kuiper moving ahead
https://arstechnica.com/science/2022/04/amazon-signs-blockbuster-launch-deal-for-its-satellite-megaconstellation/ Definitely a positive to see Amazon lock up launch capacity for Kuiper. https://www.comtechtel.com/news-releases/news-release-details/comtech-appoints-maria-hedden-chief-operating-officer Appointed a COO with background in defense contractor world specifically with operations and manufacturing -- looks like a good move. https://www.ses.com/press-release/ses-expands-o3b-mpower-partner-ecosystem-comtech-antenna-systems Got some footprint with SES MPower... login to read the rest view available tags
2	member 3/10/22 8:09PM Q2 update
As we had previewed, Comtech wisely reset the bar on tonight's call, cutting rev from 580 - 600m to 520m and EBITDA to 50m from 70 - 76m. In addition to the headwinds we had... login to read the rest 2 view available tags

load more messages