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DCF Valuation
Base-case fair value
$6.64
Intrinsic $8.86 · 25% MOS
Current price: $4.72
Base-case summary
Our base-case DCF for Comtech Telecommunications Corp (CMTL) projects 10 years of free cash flow growth at 8.0% for years 1–5 and 4.0% for years 6–10, anchored to a default 8% growth assumption, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $15M in trailing free cash flow, this produces an intrinsic value of $8.86 per share. A 25% safety margin gives a fair value of $6.64, suggesting the stock is currently 41% undervalued against the $4.72 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$15M
Cash & equivalents
$28M
Total debt
$145M
Shares outstanding
30M