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.
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.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Comtech Telecommunications's current 3-Year Share Buyback Ratio was -2.10%.
The historical rank and industry rank for Comtech Telecommunications's 3-Year Share Buyback Ratio or its related term are showing as below:
CMTL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -28.5 Med: -3.95 Max: 16.6
Current: -2.1
During the past 13 years, Comtech Telecommunications's highest 3-Year Share Buyback Ratio was 16.60%. The lowest was -28.50%. And the median was -3.95%.
CMTL's 3-Year Share Buyback Ratio is ranked worse than 55.26% of 1616
companies
in the Hardware industry
Industry Median: -1.3
vs CMTL: -2.10
Comtech Telecommunications (NAS:CMTL) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Comtech Telecommunications 3-Year Share Buyback Ratio Related Terms
CMTL vs WATT, WSTL, FIEE: 3-Year Share Buyback Ratio Comparison
For the Communication Equipment subindustry, Comtech Telecommunications's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Comtech Telecommunications's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Comtech Telecommunications's 3-Year Share Buyback Ratio falls into.
Comtech Telecommunications 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
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 average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -2.10 mean?
Comtech Telecommunications (CMTL) has a 3-Year Share Buyback Ratio of -2.10 as of Apr. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Comtech Telecommunications and its competitors. According to the industry distribution chart, Comtech Telecommunications ranks #893 out of 1616 companies in the Hardware industry, placing it in the top 55.3%.
Is Comtech Telecommunications' 3-Year Share Buyback Ratio too high?
Comtech Telecommunications' current 3-Year Share Buyback Ratio is -2.10. Based on the distribution chart, Comtech Telecommunications ranks #893 out of 1616 companies in the Hardware industry, which is below the industry midpoint. Overall, Comtech Telecommunications has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comtech Telecommunications' 3-Year Share Buyback Ratio compare to WATT and WSTL?
According to the Hardware industry distribution chart, Comtech Telecommunications ranks #893 out of 1616 companies for 3-Year Share Buyback Ratio. This places Comtech Telecommunications in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Hardware company?
A good 3-Year Share Buyback Ratio depends on the Hardware industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Comtech Telecommunications and its competitors. Comtech Telecommunications's current 3-Year Share Buyback Ratio is -2.10. 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 $2.70, compared to a current price of $1.50 — trading 44.6% below its estimated fair value. The current 3-Year Share Buyback Ratio is -2.10. Comtech Telecommunications' overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Comtech Telecommunications (CMTL), the current 3-Year Share Buyback Ratio is -2.10 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 $1.50 is trading 44.6% below its estimated GF Value™ of $2.70.
GuruFocus considers Comtech Telecommunications to be Possible Value Trap.
Key valuation signals for CMTL:
3-Year Share Buyback Ratio: -2.10
GF Value™: $2.70 vs. price of $1.50 (44.6% below fair value)
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 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.
56GF Score
Get the complete analysis for CMTL
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CMTL has been successfully added to your 
