Comtech Telecommunications (STU:CC6) Cyclically Adjusted FCF per Share: €0.32 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:CC6 Comtech Telecommunications Corp STU:CC6
51 GF Score
Price €1.40
GF Value €2.34
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Comtech Telecommunications Cyclically Adjusted FCF per Share?

Comtech Telecommunications STU:CC6 -2.10% 51 Cyclically Adjusted FCF per Share is €0.32 as of Apr. 2026. GuruFocus rates STU:CC6 with a GF Score™ of 51/100 and a GF Value™ of €2.34 (Possible Value Trap). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Apr. 2026 was €0.019. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.32 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Comtech Telecommunications's average Cyclically Adjusted FCF Growth Rate was -24.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -30.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -14.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Comtech Telecommunications was 58.70% per year. The lowest was -30.50% per year. And the median was 7.35% per year.

As of today (2026-07-19), Comtech Telecommunications's current stock price is €1.40. Comtech Telecommunications's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was €0.32. Comtech Telecommunications's Cyclically Adjusted Price-to-FCF of today is 4.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Comtech Telecommunications was 22.54. The lowest was 2.00. And the median was 9.45.


Comtech Telecommunications  (STU:CC6) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.40/0.32
=4.38

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Comtech Telecommunications was 22.54. The lowest was 2.00. And the median was 9.45.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Comtech Telecommunications Cyclically Adjusted FCF per Share Related Terms


Comtech Telecommunications Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Comtech Telecommunications's Cyclically Adjusted FCF per Share 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.

Comtech Telecommunications Cyclically Adjusted FCF per Share Chart

Comtech Telecommunications Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.23 0.94 0.57 0.38

Comtech Telecommunications Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted FCF per Share 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 0.44 0.38 0.36 0.22 0.32

STU:CC6 vs WSTL, AIRG, FIEE: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


STU:CC6
51GF Score
Comtech Telecommunications Corp STU:CC6
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comtech Telecommunications Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Comtech Telecommunications's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.019/333.0200*333.0200
=0.019

Current CPI (Apr. 2026) = 333.0200.

Comtech Telecommunications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.009 240.628 0.012
201610 0.222 241.729 0.306
201701 0.631 242.839 0.865
201704 0.645 244.524 0.878
201707 0.774 244.786 1.053
201710 0.192 246.663 0.259
201801 0.033 247.867 0.044
201804 0.643 250.546 0.855
201807 0.580 252.006 0.766
201810 -0.563 252.885 -0.741
201901 0.893 251.712 1.181
201904 1.412 255.548 1.840
201907 0.431 256.571 0.559
201910 0.153 257.346 0.198
202001 0.883 257.971 1.140
202004 0.215 256.389 0.279
202007 0.381 259.101 0.490
202010 -2.523 260.388 -3.227
202101 0.260 261.582 0.331
202104 0.071 267.054 0.089
202107 0.274 273.003 0.334
202110 0.037 276.589 0.045
202201 -0.013 281.148 -0.015
202204 -0.235 289.109 -0.271
202207 -0.435 296.276 -0.489
202210 -0.489 298.012 -0.546
202301 -0.441 299.170 -0.491
202304 0.379 303.363 0.416
202307 -0.247 305.691 -0.269
202310 -0.585 307.671 -0.633
202401 -0.991 308.417 -1.070
202404 -0.168 313.548 -0.178
202407 -0.436 314.540 -0.462
202410 -0.755 315.664 -0.797
202501 -0.062 317.671 -0.065
202504 -0.005 320.795 -0.005
202507 0.274 323.048 0.282
202510 0.140 0.000
202601 0.013 325.252 0.013
202604 0.019 333.020 0.019

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

What does a Cyclically Adjusted FCF per Share of €0.32 mean?
Comtech Telecommunications (STU:CC6) has a Cyclically Adjusted FCF per Share of €0.32 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Comtech Telecommunications and its competitors.
Is Comtech Telecommunications' Cyclically Adjusted FCF per Share too high?
Comtech Telecommunications' current Cyclically Adjusted FCF per Share is €0.32. Overall, Comtech Telecommunications has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comtech Telecommunications' Cyclically Adjusted FCF per Share compare to WSTL and AIRG?
Comtech Telecommunications' Cyclically Adjusted FCF per Share of €0.32 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Comtech Telecommunications and its competitors. Comtech Telecommunications's current Cyclically Adjusted FCF per Share is €0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comtech Telecommunications stock overvalued right now?
Based on GuruFocus' analysis, Comtech Telecommunications (STU:CC6) is currently considered Possible Value Trap. The stock's GF Value™ is €2.34, compared to a current price of €1.40 — trading 40.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.32. Comtech Telecommunications' overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Comtech Telecommunications (STU:CC6), the current Cyclically Adjusted FCF per Share is €0.32 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comtech Telecommunications (STU:CC6) Overvalued in 2026?

Based on GuruFocus' analysis, Comtech Telecommunications stock appears to be undervalued. The current stock price of €1.40 is trading 40.2% below its estimated GF Value™ of €2.34. GuruFocus considers Comtech Telecommunications to be Possible Value Trap.

Key valuation signals for STU:CC6:

  • Cyclically Adjusted FCF per Share: €0.32
  • GF Value™: €2.34 vs. price of €1.40 (40.2% below fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the STU:CC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comtech Telecommunications Business Description

Other Exchanges CMTL:USA
Address 305 N 54th Street, Chandler, AZ, USA, 85226
Comtech Telecommunications Corp is a provider of communications technology and solutions. It operates in two reportable business segments: Satellite and Space Communications and Allerium. The company's Satellite and Space Communications segment, which generates maximum revenue, is organized into four technology areas: satellite modem and amplifier technologies, troposcatter technologies, cybersecurity training, and space components. This segment designs and manufactures modems, amplifiers, traveling wave tube amplifiers, frequency converters, and offers other associated software and services. The Allerium segment provides next-generation 911 (NG-911) infrastructure and solutions for state and local governments and carriers. Geographically, the company derives its key revenue from the USA.
51GF Score

Get the complete analysis for STU:CC6

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.40
Price
€2.34
GF Value