Comtech Telecommunications Corp. (CMTL) exhibits 31.6% gross margins and -16.8% return on invested capital within Technology (Radio And Television Broadcasting And Communications Equipment), balanced against a 24.0x enterprise multiple and 4.8% implied options volatility.
Sustained 31.6% gross profitability converts into -9.9% operating margin and -16.8% ROIC, outpacing sector cost of capital.
ROIC: -16.8% // GM: 31.6%YoY revenue trajectory of -44.3% paired with 2.80% free cash flow yield supports self-funded R&D and capital return.
REV YOY: -44.3% // FCF YLD: 2.80%Altman Z-Score of 0.44 and Piotroski F-Score of 3/9 indicate low near-term refinancing stress.
ALTMAN Z: 0.44 // F-SCORE: 3/9Trading at 24.0x trailing P/E (— Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 24.0x // EV/EBITDA: —Options market prices a ±5.2% implied move with a 0.85 put/call ratio around $1.32 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Radio And Television Broadcasting And Communications Equipment require continuous execution to defend -51.6% net margins.
NET MARGIN: -51.6% // D/E: 1.64x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for CMTL & activate live FRED threshold breach alerts.