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Comtech Telecommunications (Comtech Telecommunications) Cyclically Adjusted Price-to-FCF : 1.96 (As of May. 15, 2024)


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What is Comtech Telecommunications Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Comtech Telecommunications's current share price is $1.78. Comtech Telecommunications's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $0.91. Comtech Telecommunications's Cyclically Adjusted Price-to-FCF for today is 1.96.

The historical rank and industry rank for Comtech Telecommunications's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CMTL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.87   Med: 11.34   Max: 18.53
Current: 1.96

During the past years, Comtech Telecommunications's highest Cyclically Adjusted Price-to-FCF was 18.53. The lowest was 1.87. And the median was 11.34.

CMTL's Cyclically Adjusted Price-to-FCF is ranked better than
98.75% of 962 companies
in the Hardware industry
Industry Median: 29.65 vs CMTL: 1.96

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Comtech Telecommunications's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $-1.079. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.91 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comtech Telecommunications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Comtech Telecommunications's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comtech Telecommunications Cyclically Adjusted Price-to-FCF Chart

Comtech Telecommunications Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.81 8.42 16.90 9.05 9.65

Comtech Telecommunications Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.74 8.69 9.65 12.06 6.98

Competitive Comparison of Comtech Telecommunications's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Comtech Telecommunications's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comtech Telecommunications's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Comtech Telecommunications's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Comtech Telecommunications's Cyclically Adjusted Price-to-FCF falls into.



Comtech Telecommunications Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Comtech Telecommunications's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.78/0.91
=1.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comtech Telecommunications's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Comtech Telecommunications's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-1.079/129.4194*129.4194
=-1.079

Current CPI (Jan. 2024) = 129.4194.

Comtech Telecommunications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.442 100.023 0.572
201407 1.405 100.520 1.809
201410 -0.330 100.176 -0.426
201501 -0.299 98.604 -0.392
201504 0.930 99.824 1.206
201507 0.831 100.691 1.068
201510 0.274 100.346 0.353
201601 1.079 99.957 1.397
201604 -0.785 100.947 -1.006
201607 0.010 101.524 0.013
201610 0.244 101.988 0.310
201701 0.672 102.456 0.849
201704 0.691 103.167 0.867
201707 0.892 103.278 1.118
201710 0.226 104.070 0.281
201801 0.040 104.578 0.050
201804 0.789 105.708 0.966
201807 0.678 106.324 0.825
201810 -0.647 106.695 -0.785
201901 1.019 106.200 1.242
201904 1.586 107.818 1.904
201907 0.483 108.250 0.577
201910 0.170 108.577 0.203
202001 0.980 108.841 1.165
202004 0.233 108.173 0.279
202007 0.438 109.318 0.519
202010 -2.969 109.861 -3.498
202101 0.317 110.364 0.372
202104 0.085 112.673 0.098
202107 0.324 115.183 0.364
202110 0.043 116.696 0.048
202201 -0.015 118.619 -0.016
202204 -0.254 121.978 -0.269
202207 -0.442 125.002 -0.458
202210 -0.482 125.734 -0.496
202301 -0.475 126.223 -0.487
202304 0.415 127.992 0.420
202307 -0.273 128.974 -0.274
202310 -0.618 129.810 -0.616
202401 -1.079 129.419 -1.079

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Comtech Telecommunications  (NAS:CMTL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Comtech Telecommunications Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Comtech Telecommunications's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Comtech Telecommunications (Comtech Telecommunications) Business Description

Traded in Other Exchanges
Address
68 South Service Road, Suite 230, Melville, NY, USA, 11747
Comtech Telecommunications Corp is a provider of modern communications solutions. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. Majority of sales are generated from Satellite and Space Communications segment.
Executives
Wendi B. Carpenter director 2401 EAST 86TH ST., BLOOMINGTON MN 55425
Mark R. Quinlan director 150 EAST 52ND STREET, 21ST FLOOR, NEW YORK NY 10022
Bruce T Crawford director 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Maria Hedden officer: Chief Operating Officer 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Donald E. Walther officer: Chief Legal Officer 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Michael Bondi officer: Corporate Controller 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Ken Allen Peterman director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Yelena Simonyuk officer: Chief Legal Officer 68 S. SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Michael Porcelain officer: VP of Finance & Internal Audit 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Yacov A Shamash director
Lisa /adv Lesavoy director 166 E 63RD ST, NEW YORK NY 10021
Judy Chambers director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Richard L Burt officer: Sr. Vice President 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
John Branscum officer: Sr. Vice President COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747