Comtech Telecommunications: A Small-Cap Turnaround Ready To Launch
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The Minotaur337 FollowersFollow5ShareSavePlay(36min)CommentsSummaryComtech Telecommunications is deeply undervalued, with imminent catalysts from a likely Space & Satellite asset sale unlocking substantial value.S&S segment turnaround, high-margin programs, and likely Amazon LEO exposure position CMTL for a $300–600 million sale, clearing debt and transforming the capital structure.Post-divestiture, shareholders would own Allerium, a recurring-revenue NG911 platform with premium growth, substantial moats, high margins, and public safety multiple expansion potential.Multiple transaction signals, including transaction bonuses, deferred equity grants, a delayed AGM, and board appointments, point to a near-term M&A event, offering 300%+ upside for contrarian investors.pandemin/iStock via Getty Images The market is significantly mispricing Comtech Telecommunications (CMTL). Trading at a $90 million market capitalization, the company is sitting on a restructured Space & Satellite ("S&S") business potentially worth $300-600 million to strategic buyers and an Allerium next-generation 911 segment generating $50 millionThis article was written byThe Minotaur337 FollowersFollowTMT focused analystAnalyst’s Disclosure:I/we have a beneficial long position in the shares of CMTL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.