Discounted Cash Flow

Comtech Telecommunications Corp. /De/

CMTL · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $411.0m $-7.7m $9.3m -1.9% $-0.46
2017 $550.4m (33.9%) $15.8m (304.5%) $58.5m (528.9%) 2.9% (252.7%) $0.68 (247.8%)
2018 $570.6m (3.7%) $29.8m (88.1%) $41.7m (-28.7%) 5.2% (81.4%) $1.25 (83.8%)
2019 $671.8m (17.7%) $25.0m (-15.9%) $59.2m (42.1%) 3.7% (-28.6%) $1.04 (-16.8%)
2020 $616.7m (-8.2%) $7.0m (-72.0%) $45.5m (-23.1%) 1.1% (-69.5%) $0.28 (-73.1%)
2021 $581.7m (-5.7%) $-73.5m (-1146.7%) $-56.7m (-224.5%) -12.6% (-1209.7%) $-2.86 (-1121.4%)
2022 $486.2m (-16.4%) $-33.1m (55.0%) $-17.6m (68.9%) -6.8% (46.2%) $-1.63 (43.0%)
2023 $550.0m (13.1%) $-26.9m (18.6%) $-22.7m (-29.1%) -4.9% (28.1%) $-1.21 (25.8%)
2024 $540.4m (-1.7%) $-100.0m (-271.7%) $-67.6m (-197.1%) -18.5% (-278.3%) $-4.70 (-288.4%)
2025 $499.5m (-7.6%) $-155.3m (-55.3%) $-16.9m (75.1%) -31.1% (-68.0%) $-6.95 (-47.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.