CMTL (Comtech Telecommunications) Debt-to-Equity: 0.96 (As of Apr. 2026) — 140% Above Median

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CMTL Comtech Telecommunications Corp CMTL
57 GF Score
Price $1.77
GF Value $2.72
Valuation Possible Value Trap
! 7 Warning Signs
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What is Comtech Telecommunications Debt-to-Equity?

Comtech Telecommunications CMTL +2.02% 57 Debt-to-Equity is 0.96 as of Apr. 2026, which is 140% above its 10-year median of 0.40. GuruFocus rates CMTL with a GF Score™ of 57/100 and a GF Value™ of $2.72 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,228 Hardware companies, Comtech Telecommunications ranks worse than 83.71% on this metric.

Comtech Telecommunications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $10.5 Mil. Comtech Telecommunications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $241.0 Mil. Comtech Telecommunications's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $263.3 Mil. Comtech Telecommunications's debt to equity for the quarter that ended in Apr. 2026 was 0.96.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Comtech Telecommunications's Debt-to-Equity or its related term are showing as below:

CMTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.4   Max: 1
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Comtech Telecommunications was 1.00. The lowest was 0.28. And the median was 0.40.

CMTL's Debt-to-Equity is ranked worse than
83.71% of 2228 companies
in the Hardware industry
Industry Median: 0.27 vs CMTL: 0.96

Comtech Telecommunications  (NAS:CMTL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Comtech Telecommunications Debt-to-Equity Related Terms


Comtech Telecommunications Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Comtech Telecommunications's Debt-to-Equity 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 Debt-to-Equity Chart

Comtech Telecommunications Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.32 0.39 0.44 0.85

Comtech Telecommunications Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Debt-to-Equity 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 0.88 0.85 0.93 0.95 0.96

CMTL vs WSTL, BOSC, AIRG: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Comtech Telecommunications's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Comtech Telecommunications's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Comtech Telecommunications's Debt-to-Equity falls into.


CMTL
57GF Score
Comtech Telecommunications Corp CMTL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Comtech Telecommunications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Comtech Telecommunications's Debt to Equity Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Comtech Telecommunications's Debt to Equity Ratio for the quarter that ended in Apr. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.96 mean?
Comtech Telecommunications (CMTL) has a Debt-to-Equity of 0.96 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comtech Telecommunications and its competitors. This is 140% above median its historical median of 0.40. Over the past decade, Comtech Telecommunications' Debt-to-Equity has ranged from 0.28 to 1.00. According to the industry distribution chart, Comtech Telecommunications ranks #1865 out of 2228 companies in the Hardware industry, placing it in the top 83.7%.
Is Comtech Telecommunications' Debt-to-Equity too high?
Comtech Telecommunications' current Debt-to-Equity of 0.96 is 140% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.00. The Hardware industry median Debt-to-Equity is 0.27. Comtech Telecommunications' value of 0.96 is 255.6% above this industry median. Based on the distribution chart, Comtech Telecommunications ranks #1865 out of 2228 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Comtech Telecommunications has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comtech Telecommunications' Debt-to-Equity compare to WSTL and BOSC?
According to the Hardware industry distribution chart, Comtech Telecommunications ranks #1865 out of 2228 companies for Debt-to-Equity. This places Comtech Telecommunications in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Comtech Telecommunications' value of 0.96 is 255.6% above this benchmark. Historically, Comtech Telecommunications' own Debt-to-Equity has ranged from 0.28 to 1.00 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.27, Comtech Telecommunications has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,228 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comtech Telecommunications's current Debt-to-Equity of 0.96 is 255.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comtech Telecommunications and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comtech Telecommunications's current Debt-to-Equity is 0.96, which is 140% above median its own 10-year median of 0.40. 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 (CMTL) is currently considered Possible Value Trap. The stock's GF Value™ is $2.72, compared to a current price of $1.77 — trading 35.1% below its estimated fair value. The current Debt-to-Equity is 0.96, which is 140% above median its 10-year median of 0.40 and 255.6% above the Hardware industry median of 0.27. Comtech Telecommunications' overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Comtech Telecommunications (CMTL), the current Debt-to-Equity is 0.96 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 (CMTL) Overvalued in 2026?

Based on GuruFocus' analysis, Comtech Telecommunications stock appears to be undervalued. The current stock price of $1.77 is trading 35.1% below its estimated GF Value™ of $2.72. GuruFocus considers Comtech Telecommunications to be Possible Value Trap.

Key valuation signals for CMTL:

  • Debt-to-Equity: 0.96 (140% above median its 10-year median of 0.40)
  • GF Value™: $2.72 vs. price of $1.77 (35.1% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 255.6% above the Hardware median (#1865 of 2228)

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


Comtech Telecommunications Business Description

Other Exchanges CC6:Germany
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.
57GF Score

Get the complete analysis for CMTL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.77
Price
$2.72
GF Value