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CommScope Holding Company

Nasdaq:COMM
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
COMM
Nasdaq
$3B
Market Cap
  1. Home
  2. US
  3. Tech
Company description

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The last earnings update was 4 days ago. More info.


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  • CommScope Holding Company has significant price volatility in the past 3 months.
COMM Share Price and Events
7 Day Returns
34.9%
NasdaqGS:COMM
4.7%
US Communications
0.9%
US Market
1 Year Returns
-18.4%
NasdaqGS:COMM
1.1%
US Communications
10.5%
US Market
COMM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CommScope Holding Company (COMM) 34.9% 40.1% 36.4% -18.4% -55% -24.4%
US Communications 4.7% 5.9% -3.8% 1.1% 42.8% 65.8%
US Market 0.9% 5.2% 5.4% 10.5% 40.1% 45%
1 Year Return vs Industry and Market
  • COMM underperformed the Communications industry which returned 1.1% over the past year.
  • COMM underperformed the Market in United States of America which returned 10.5% over the past year.
Price Volatility
COMM
Industry
5yr Volatility vs Market
Related Companies

Value

 Is CommScope Holding Company undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of CommScope Holding Company to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CommScope Holding Company.

NasdaqGS:COMM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:COMM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.131 (1 + (1- 21%) (340.52%))
3.127
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for NasdaqGS:COMM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CommScope Holding Company is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:COMM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2020 870.01 Analyst x5 758.84
2021 1,097.33 Analyst x3 834.81
2022 1,269.72 Est @ 15.71% 842.53
2023 1,419.75 Est @ 11.82% 821.70
2024 1,548.81 Est @ 9.09% 781.86
2025 1,660.04 Est @ 7.18% 730.93
2026 1,757.10 Est @ 5.85% 674.80
2027 1,843.40 Est @ 4.91% 617.49
2028 1,921.87 Est @ 4.26% 561.51
2029 1,994.89 Est @ 3.8% 508.37
Present value of next 10 years cash flows $7,132.00
NasdaqGS:COMM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,994.89 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$17,192.50
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $17,192.50 ÷ (1 + 14.65%)10
$4,381.25
NasdaqGS:COMM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $7,132.00 + $4,381.25
$11,513.25
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $11,513.25 / 194.24
$59.27
NasdaqGS:COMM Discount to Share Price
Calculation Result
Value per share (USD) From above. $59.27
Current discount Discount to share price of $15.70
= -1 x ($15.70 - $59.27) / $59.27
73.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price CommScope Holding Company is available for.
Intrinsic value
>50%
Share price is $15.7 vs Future cash flow value of $59.27
Current Discount Checks
For CommScope Holding Company to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CommScope Holding Company's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CommScope Holding Company's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CommScope Holding Company's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CommScope Holding Company's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:COMM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-2.83
NasdaqGS:COMM Share Price ** NasdaqGS (2019-11-08) in USD $15.7
United States of America Communications Industry PE Ratio Median Figure of 30 Publicly-Listed Communications Companies 24.34x
United States of America Market PE Ratio Median Figure of 2,915 Publicly-Listed Companies 18.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CommScope Holding Company.

NasdaqGS:COMM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:COMM Share Price ÷ EPS (both in USD)

= 15.7 ÷ -2.83

-5.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CommScope Holding Company is loss making, we can't compare its value to the US Communications industry average.
  • CommScope Holding Company is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does CommScope Holding Company's expected growth come at a high price?
Raw Data
NasdaqGS:COMM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
110%per year
United States of America Communications Industry PEG Ratio Median Figure of 19 Publicly-Listed Communications Companies 1.44x
United States of America Market PEG Ratio Median Figure of 2,014 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CommScope Holding Company, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CommScope Holding Company's assets?
Raw Data
NasdaqGS:COMM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $6.23
NasdaqGS:COMM Share Price * NasdaqGS (2019-11-08) in USD $15.7
United States of America Communications Industry PB Ratio Median Figure of 61 Publicly-Listed Communications Companies 1.85x
United States of America Market PB Ratio Median Figure of 5,041 Publicly-Listed Companies 1.74x
NasdaqGS:COMM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:COMM Share Price ÷ Book Value per Share (both in USD)

= 15.7 ÷ 6.23

2.52x

* Primary Listing of CommScope Holding Company.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CommScope Holding Company is overvalued based on assets compared to the US Communications industry average.
X
Value checks
We assess CommScope Holding Company's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. CommScope Holding Company has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is CommScope Holding Company expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
110%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CommScope Holding Company expected to grow at an attractive rate?
  • CommScope Holding Company's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • CommScope Holding Company's earnings growth is expected to exceed the United States of America market average.
  • CommScope Holding Company's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:COMM Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:COMM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 110%
NasdaqGS:COMM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 6.5%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 12%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:COMM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:COMM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 9,285 1
2021-12-31 9,487 946 65 7
2020-12-31 9,584 856 -93 13
2019-12-31 8,353 329 -580 9
2019-11-11
NasdaqGS:COMM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 7,104 393 -546
2019-06-30 5,874 97 -312
2019-03-31 4,548 449 104
2018-12-31 4,569 494 140
2018-09-30 4,631 613 217
2018-06-30 4,610 531 204
2018-03-31 4,544 519 194
2017-12-31 4,561 586 194
2017-09-30 4,619 425 195
2017-06-30 4,784 545 237
2017-03-31 4,917 624 244
2016-12-31 4,924 640 223

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CommScope Holding Company's earnings are expected to grow significantly at over 20% yearly.
  • CommScope Holding Company's revenue is expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:COMM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from CommScope Holding Company Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:COMM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.86 0.86 0.86 1.00
2021-12-31 0.25 0.51 0.00 2.00
2020-12-31 -0.52 -0.10 -1.45 4.00
2019-12-31 -2.80 -2.51 -3.02 3.00
2019-11-11
NasdaqGS:COMM Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -2.83
2019-06-30 -1.62
2019-03-31 0.54
2018-12-31 0.73
2018-09-30 1.13
2018-06-30 1.07
2018-03-31 1.01
2017-12-31 1.01
2017-09-30 1.01
2017-06-30 1.23
2017-03-31 1.26
2016-12-31 1.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • CommScope Holding Company is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess CommScope Holding Company's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CommScope Holding Company has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has CommScope Holding Company performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CommScope Holding Company's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CommScope Holding Company does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare CommScope Holding Company's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CommScope Holding Company's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
CommScope Holding Company's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CommScope Holding Company Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:COMM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 7,104.11 -545.98 1,004.93 442.80
2019-06-30 5,874.41 -311.88 865.83 316.10
2019-03-31 4,547.51 104.22 720.83 186.00
2018-12-31 4,568.51 140.22 725.23 185.70
2018-09-30 4,631.23 217.08 639.87 187.44
2018-06-30 4,609.61 204.44 660.32 187.24
2018-03-31 4,543.80 193.90 712.76 186.52
2017-12-31 4,560.58 193.76 741.78 185.61
2017-09-30 4,619.06 194.65 757.24 188.73
2017-06-30 4,784.23 237.32 793.13 192.56
2017-03-31 4,916.93 243.82 819.82 197.51
2016-12-31 4,923.62 222.84 874.56 201.32
2016-09-30 4,887.26 93.23 876.67 201.70
2016-06-30 4,565.91 -81.40 798.85 184.37
2016-03-31 4,126.41 -97.77 685.42 160.42
2015-12-31 3,807.83 -70.88 590.49 135.96
2015-09-30 3,493.18 52.08 500.46 116.36
2015-06-30 3,521.01 229.31 476.86 116.07
2015-03-31 3,719.98 211.76 482.63 121.17
2014-12-31 3,829.61 236.77 485.89 125.30
2014-09-30 3,848.28 180.05 483.87 126.64
2014-06-30 3,735.86 94.91 486.88 127.59
2014-03-31 3,610.46 67.98 483.62 128.35
2013-12-31 3,480.12 19.40 475.08 126.43
2013-09-30 3,481.77 39.76 478.29 128.45
2013-06-30 3,487.78 33.76 470.70 127.67
2013-03-31 3,336.75 26.94 458.71 122.74
2012-12-31 3,321.89 5.35 461.15 121.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CommScope Holding Company has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CommScope Holding Company has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CommScope Holding Company improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CommScope Holding Company's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CommScope Holding Company has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is CommScope Holding Company's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CommScope Holding Company's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CommScope Holding Company is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CommScope Holding Company's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of CommScope Holding Company's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CommScope Holding Company Company Filings, last reported 1 month ago.

NasdaqGS:COMM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,211.10 10,153.60 609.10
2019-06-30 2,424.90 10,343.20 348.00
2019-03-31 1,744.50 7,465.10 176.40
2018-12-31 1,756.77 3,985.90 458.20
2018-09-30 1,755.07 3,983.79 352.40
2018-06-30 1,703.27 4,374.21 545.70
2018-03-31 1,731.36 4,371.82 472.73
2017-12-31 1,647.83 4,369.40 453.98
2017-09-30 1,550.63 4,548.02 411.24
2017-06-30 1,519.62 4,569.97 484.49
2017-03-31 1,404.02 4,567.42 437.64
2016-12-31 1,394.08 4,562.01 428.23
2016-09-30 1,433.23 4,713.99 517.28
2016-06-30 1,320.21 4,947.86 516.04
2016-03-31 1,288.45 5,244.01 688.37
2015-12-31 1,222.72 5,243.65 562.88
2015-09-30 1,318.48 5,355.50 617.96
2015-06-30 1,410.27 5,358.89 792.96
2015-03-31 1,339.35 2,706.15 735.14
2014-12-31 1,307.62 2,668.90 729.32
2014-09-30 1,292.22 2,709.26 616.43
2014-06-30 1,222.83 2,711.05 481.05
2014-03-31 1,158.70 2,512.64 305.19
2013-12-31 1,088.02 2,514.55 346.32
2013-09-30 658.00 3,014.77 312.05
2013-06-30 636.58 3,016.69 223.61
2013-03-31 1,182.28 2,470.77 264.38
2012-12-31 1,182.28 2,470.77 264.38
  • CommScope Holding Company's level of debt (459.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (209.6% vs 459.2% today).
  • Debt is not well covered by operating cash flow (3.9%, less than 20% of total debt).
  • CommScope Holding Company is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess CommScope Holding Company's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CommScope Holding Company has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is CommScope Holding Company's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CommScope Holding Company dividends. Estimated to be 0% next year.
If you bought $2,000 of CommScope Holding Company shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CommScope Holding Company's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CommScope Holding Company's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:COMM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1944 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:COMM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 4.00
2020-12-31 0.00 5.00
2019-12-31 0.00 4.00
2019-11-11

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CommScope Holding Company has not reported any payouts.
  • Unable to verify if CommScope Holding Company's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CommScope Holding Company's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CommScope Holding Company has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of CommScope Holding Company's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess CommScope Holding Company's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CommScope Holding Company afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CommScope Holding Company has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of CommScope Holding Company's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eddie Edwards
COMPENSATION $8,893,345
AGE 70
TENURE AS CEO 8.8 years
CEO Bio

Mr. Marvin S. Edwards, also known as Eddie, Jr., has been the Chief Executive Officer of CommScope Inc. and CommScope Holding Company, Inc. since January 14, 2011 and its President since January 1, 2010. Mr. Edwards served as the Chief Operating Officer of CommScope Inc. and CommScope Holding Company, Inc. since January 1, 2010. He served as Executive Vice President of Business Development at CommScope Holding Company, Inc. since April 2005 and CommScope since 2005. He served in a variety of executive roles since joining CommScope in 2001. Previously, he served as an Acting President of Acting President of Connectivity Solutions Manufacturing Inc., (CSMI), a CommScope subsidiary and also served as its Chairman of the Board of Directors since April 2005. Mr. Edwards joined CommScope in 2001 as an Executive Vice President of Strategic Development and President of the Wireless Products Group. He served as an Executive Vice President and General Manager of Wireless Network Solutions Group at CommScope Holding Company, Inc. (Alternate Name CommScope Enterprise Solutions) since December 2007. He served as the President and Chief Executive Officer of OFS Fitel, LLC and OFS BrightWave, LLC. Since 1999, Mr. Edwards served as President of Radio Frequency Systems (RFS), a subsidiary of Alcatel with worldwide operations. From 1996 to 1999, he served as President of Alcatel North America Cable Systems. Prior to that, Mr. Edwards held positions in Alcatel as Chief Financial Officer of Cable Operations in the Americas and assumed additional responsibility as Americas Area Manager for Alcatel Cable since 1997. Mr. Edwards joined Alcatel in 1986 as a Vice President of Planning, which involved work in acquisitions and divestitures. He served in various capacities at Alcatel until 2001. Mr. Edwards began his business career with First Union National Bank (now Wachovia) in 1972, where he held various positions. He has been a Director of CommScope Holding Company, Inc. since January 14, 2011. He has been a Director of CommScope Holding Company Inc. and CommScope Inc. since January 14, 2011. He served as a Director of the Telecommunications Industry Association (TIA). From 2005 to 2007, he served as Executive Vice President of Business Development and the Chairman of the Board of Directors of at nnectivity Solutions Manufacturing LLC. Mr. Edwards also served as Director, President and Chief Executive Officer of OFS Fitel, LLC and OFS BrightWave, LLC. Mr. Edwards is a 1971 graduate of Clemson University with a BA degree in Economics.

CEO Compensation
  • Eddie's compensation has increased whilst company is loss making.
  • Eddie's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the CommScope Holding Company management team in years:

3.8
Average Tenure
54.5
Average Age
  • The tenure for the CommScope Holding Company management team is about average.
Management Team

Eddie Edwards

TITLE
President
COMPENSATION
$9M
AGE
70
TENURE
8.8 yrs

Alexander Pease

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
47
TENURE
1.6 yrs

Morgan C. Kurk

TITLE
Executive VP & CTO
COMPENSATION
$2M
AGE
50
TENURE
0.6 yrs

Burk Wyatt

TITLE
Senior VP
COMPENSATION
$2M
AGE
56
TENURE
19.8 yrs

Brooke Clark

TITLE
Senior VP & Chief Accounting Officer
AGE
44
TENURE
1.2 yrs

Karen Renner

TITLE
Senior VP & Chief Information Officer
AGE
57
TENURE
0.8 yrs

Kevin Powers

TITLE
Vice President of Investor Relations

Fiona Nolan

TITLE
Senior Vice President of Global Marketing
TENURE
7.8 yrs

Robyn Mingle

TITLE
Senior VP & Chief Human Resources Officer
AGE
53
TENURE
3.8 yrs

Mike Kelley

TITLE
Senior Vice President of Global Cable Operations
AGE
58
TENURE
12.6 yrs
Board of Directors Tenure

Average tenure and age of the CommScope Holding Company board of directors in years:

6
Average Tenure
67.5
Average Age
  • The tenure for the CommScope Holding Company board of directors is about average.
Board of Directors

Frank Drendel

TITLE
Chairman of The Board
COMPENSATION
$2M
AGE
74
TENURE
8.8 yrs

Eddie Edwards

TITLE
President
COMPENSATION
$9M
AGE
70
TENURE
8.8 yrs

Steve Gray

TITLE
Independent Director
COMPENSATION
$259K
AGE
60
TENURE
8.8 yrs

Tim Yates

TITLE
Independent Director
COMPENSATION
$270K
AGE
71
TENURE
6.1 yrs

Joanne Maguire

TITLE
Independent Director
COMPENSATION
$255K
AGE
65
TENURE
3.8 yrs

Bud Watts

TITLE
Lead Independent Director
COMPENSATION
$291K
AGE
57
TENURE
2 yrs

Cam Dyer

TITLE
Independent Director
AGE
45
TENURE
0.6 yrs

Bill Krause

TITLE
Independent Director
COMPENSATION
$260K
AGE
77
TENURE
8.8 yrs

Austin Adams

TITLE
Independent Director
COMPENSATION
$255K
AGE
76
TENURE
5.8 yrs

Tom Manning

TITLE
Independent Director
COMPENSATION
$255K
AGE
63
TENURE
5.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by CommScope Holding Company individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
10. Sep 19 Buy L. Krause Individual 09. Sep 19 09. Sep 19 21,250 $11.87 $252,248
24. May 19 Buy Bruce McClelland Individual 22. May 19 22. May 19 3,500 $18.00 $63,000
16. May 19 Buy Bruce McClelland Individual 14. May 19 14. May 19 4,000 $18.28 $73,120
07. Mar 19 Sell Peter Karlsson Individual 06. Mar 19 06. Mar 19 -6,517 $22.63 $-147,462
27. Feb 19 Buy Alexander Pease Individual 25. Feb 19 25. Feb 19 75 $22.94 $1,721
16. Nov 18 Buy Alexander Pease Individual 15. Nov 18 15. Nov 18 40,000 $18.70 $747,812
14. Nov 18 Buy Frank Wyatt Individual 14. Nov 18 14. Nov 18 7,500 $18.80 $140,999
14. Nov 18 Buy Brooke Clark Individual 13. Nov 18 13. Nov 18 2,250 $18.64 $41,939
14. Nov 18 Buy Claudius Watts Individual 13. Nov 18 13. Nov 18 25,000 $19.00 $474,950
13. Nov 18 Buy Robert Granow Individual 12. Nov 18 12. Nov 18 4,000 $19.60 $78,400
13. Nov 18 Buy Robyn Mingle Individual 12. Nov 18 12. Nov 18 5,100 $19.47 $99,293
X
Management checks
We assess CommScope Holding Company's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CommScope Holding Company has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is CommScope Holding Company, Inc. (NASDAQ:COMM) A Volatile Stock?

See our latest analysis for CommScope Holding Company What COMM's beta value tells investors Given that it has a beta of 1.44, we can surmise that the CommScope Holding Company share price has been fairly sensitive to market volatility (over the last 5 years). … CommScope Holding Company is a reasonably big company, with a market capitalisation of US$2.1b. … What this means for you: Beta only tells us that the CommScope Holding Company share price is sensitive to broader market movements.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand CommScope Holding Company, Inc. (NASDAQ:COMM)

Looking at earnings over the last twelve months, CommScope Holding Company has a P/E ratio of 27.56. … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for CommScope Holding Company: P/E of 27.56 = $14.93 ÷ $0.54 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good? … Does CommScope Holding Company Have A Relatively High Or Low P/E For Its Industry?

Simply Wall St -

Examining CommScope Holding Company, Inc.’s (NASDAQ:COMM) Weak Return On Capital Employed

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for CommScope Holding Company: 0.055 = US$525m ÷ (US$10b - US$905m) (Based on the trailing twelve months to March 2019.) So, CommScope Holding Company has an ROCE of 5.5%. … What Are Current Liabilities, And How Do They Affect CommScope Holding Company's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

CommScope Holding Company (NASDAQ:COMM) Takes On Some Risk With Its Use Of Debt

NasdaqGS:COMM Historical Debt, July 3rd 2019 How Strong Is CommScope Holding Company's Balance Sheet? … We can see from the most recent balance sheet that CommScope Holding Company had liabilities of US$904.9m falling due within a year, and liabilities of US$7.72b due beyond that. … Since CommScope Holding Company does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time.

Simply Wall St -

Is Now An Opportune Moment To Examine CommScope Holding Company, Inc. (NASDAQ:COMM)?

I find that CommScope Holding Company’s ratio of 29.18x is trading slightly above its industry peers’ ratio of 27.62x, which means if you buy CommScope Holding Company today, you’d be paying a relatively reasonable price for it. … And if you believe CommScope Holding Company should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … Given that CommScope Holding Company’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on.

Simply Wall St -

Investors Who Bought CommScope Holding Company (NASDAQ:COMM) Shares Three Years Ago Are Now Down 42%

See our latest analysis for CommScope Holding Company To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … CommScope Holding Company is not the only stock insiders are buying.

Simply Wall St -

CommScope Holding Company, Inc. (NASDAQ:COMM): What Does Its Beta Value Mean For Your Portfolio?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. … What this means for you: Beta only tells us that the CommScope Holding Company share price is sensitive to broader market movements.

Simply Wall St -

Is CommScope Holding Company, Inc.'s (NASDAQ:COMM) CEO Salary Justified?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Eddie Edwards's Compensation Compare With Similar Sized Companies. … has a market capitalization of US$5.0b, and pays its CEO total annual compensation worth US$8.5m.

Simply Wall St -

What Can We Learn From CommScope Holding Company, Inc.’s (NASDAQ:COMM) Investment Returns?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

Simply Wall St -

Is CommScope Holding Company, Inc.'s (NASDAQ:COMM) P/E Ratio Really That Good?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … CommScope Holding Company has a price to earnings ratio of 28.54, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company’s CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure management hardware and software, and network rack and cabinet enclosures under the SYSTIMAX, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity products, cabling systems, and cable assemblies for use in offices and data centers. It also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, optical distribution frames, and splice closures that support video, voice, and high-speed data services provided by telecommunications operators and multi-system operators. The company’s CommScope Mobility Solutions segment offers macro cell site solutions, such as base station and microwave antennas, hybrid fiber-feeder and power cables, coaxial cables, connectors, and filters; towers comprising cabinets, platforms, fiber backhaul connectivity hubs, and power solutions; metro cell solutions for street poles and other urban outdoor structures that include radio frequency delivery and connectivity solutions, equipment housing, and concealment; and small cell and distributed antenna system (DAS) solutions, which comprise DAS and distributed cell solutions under the Andrew brand. The company sells its products through a network of distributors, system integrators, and value-added resellers. The company was formerly known as Cedar I Holding Company, Inc. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.

Details
Name: CommScope Holding Company, Inc.
COMM
Exchange: NasdaqGS
Founded: 1976
$3,049,561,201
194,239,567
Website: http://www.commscope.com
Address: CommScope Holding Company, Inc.
1100 CommScope Place, SE,
Hickory,
North Carolina, 28602,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS COMM Common Stock Nasdaq Global Select US USD 25. Oct 2013
DB CM9 Common Stock Deutsche Boerse AG DE EUR 25. Oct 2013
Number of employees
Current staff
Staff numbers
20,000
CommScope Holding Company employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/11 00:20
End of day share price update: 2019/11/08 00:00
Last estimates confirmation: 2019/11/08
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.