Comtech Telecommunications (STU:CC6) Operating Income: €-2.7 Mil (TTM As of Apr. 2026)

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STU:CC6 Comtech Telecommunications Corp STU:CC6
48 GF Score
Price €1.42
GF Value €2.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is Comtech Telecommunications Operating Income?

Comtech Telecommunications STU:CC6 -5.33% 48 Operating Income is €-2.7 Mil as of Apr. 2026. GuruFocus rates STU:CC6 with a GF Score™ of 48/100 and a GF Value™ of €2.34 (Possible Value Trap). The stock has 7 warning signs investors should review.

Comtech Telecommunications's Operating Income for the three months ended in Apr. 2026 was €-2.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €-2.7 Mil.

Warning Sign:

Comtech Telecommunications Corp had lost money in 67% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Comtech Telecommunications's Operating Income for the three months ended in Apr. 2026 was €-2.6 Mil. Comtech Telecommunications's Revenue for the three months ended in Apr. 2026 was €90.6 Mil. Therefore, Comtech Telecommunications's Operating Margin % for the quarter that ended in Apr. 2026 was -2.91%.

Comtech Telecommunications's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Comtech Telecommunications's annualized ROC % for the quarter that ended in Apr. 2026 was -2.05%. Comtech Telecommunications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 45.42%.

Comtech Telecommunications  (STU:CC6) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Comtech Telecommunications's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-10.54 * ( 1 - 0% )/( (515.025 + 514.461)/ 2 )
=-10.54/514.743
=-2.05 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=598.958 - 55.998 - ( 27.935 - max(0, 121.934 - 205.623+27.935))
=515.025

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=592.928 - 54.1 - ( 24.367 - max(0, 125.859 - 202.387+24.367))
=514.461

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Comtech Telecommunications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=32/( ( (65.086 + max(9.787, 0)) + (64.741 + max(1.295, 0)) )/ 2 )
=32/( ( 74.873 + 66.036 )/ 2 )
=32/70.4545
=45.42 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.058 + 56.17 + 12.7) - (55.998 + 49.479 + 7.664)
=9.787

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.398 + 52.863 + 15.892) - (54.1 + 55.654 + 7.104)
=1.295

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Comtech Telecommunications's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-2.635/90.633
=-2.91 %

* 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.

4. 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 Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Comtech Telecommunications Operating Income Related Terms

Comtech Telecommunications Operating Income Historical Data

* Premium members only.

The historical data trend for Comtech Telecommunications's Operating Income 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 Operating Income Chart

Comtech Telecommunications Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 -8.80 -5.04 -10.37 -46.92

Comtech Telecommunications Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income 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 -0.65 2.49 -1.72 -0.79 -2.64
STU:CC6
48GF Score
Comtech Telecommunications Corp STU:CC6
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Comtech Telecommunications Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.7 Mil.

* 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 Operating Income →
What does a Operating Income of €-2.7 Mil mean?
Comtech Telecommunications (STU:CC6) has a Operating Income of €-2.7 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Comtech Telecommunications and its competitors.
Is Comtech Telecommunications' Operating Income too high?
Comtech Telecommunications' current Operating Income is €-2.7 Mil. Overall, Comtech Telecommunications has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comtech Telecommunications' Operating Income compare to WSTL and BOSC?
Comtech Telecommunications' Operating Income of €-2.7 Mil 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 Operating Income for a Hardware company?
A good Operating Income depends on the Hardware industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Comtech Telecommunications and its competitors. Comtech Telecommunications's current Operating Income is €-2.7 Mil. 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 €1.42 — trading 39.3% below its estimated fair value. The current Operating Income is €-2.7 Mil. Comtech Telecommunications' overall GF Score™ is 48/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Comtech Telecommunications (STU:CC6), the current Operating Income is €-2.7 Mil 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 €1.42 is trading 39.3% below its estimated GF Value™ of €2.34. GuruFocus considers Comtech Telecommunications to be Possible Value Trap.

Key valuation signals for STU:CC6:

  • Operating Income: €-2.7 Mil
  • GF Value™: €2.34 vs. price of €1.42 (39.3% below fair value)
  • GF Score™: 48/100 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.
48GF Score

Get the complete analysis for STU:CC6

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

€1.42
Price
€2.34
GF Value