Casa Systems, Inc. provides software-centric broadband products in North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. The company offers converged cable access platform solutions that allow cable service providers to deliver voice, video, and data services over a single platform at multi-gigabit speeds. It also provides solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company was founded in 2003 and is based in Andover, Massachusetts.
CASA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CASA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Casa Systems Inc ranked in the 10th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 93.83%. In terms of the factors that were most noteworthy in this DCF analysis for CASA, they are:
The company's balance sheet shows it gets 71% of its capital from equity, and 29% of its capital from debt. Notably, its equity weight is greater than merely 13.05% of US equities in the Technology sector yielding a positive free cash flow.
The company's compound free cash flow growth rate over the past 2.88 years comes in at -0.28%; that's greater than only 5.68% of US stocks we're applying DCF forecasting to.
Casa Systems Inc's effective tax rate, as measured by taxes paid relative to net income, is at 57 -- greater than 94.99% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CASA, try TTD, ALTR, CDAY, FSLR, and NUAN.
Mexico’s largest MSO prepares for future network growth with Casa’s cloud-native, disaggregated vBNG solutionANDOVER, Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) today announced that Izzi, Mexico’s largest MSO, has deployed Casa’s Axyom Virtual Broadband Network Gateway (vBNG) to significantly expand capacity as it prepares for next-generation broadband and convergent services. Deployment is already underway in several cities in Mexico and will continue through 2021. With networks experiencing unprecedented traffic growth and unpredictable demands, service providers are looking for ways to meet the ever-increasing requirements while driving down network costs. Casa’s Axyom vBNG Router delivers the performance, scaling, and flexibility needed to address the...
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New Standard for Open and Disaggregated Broadband Network Gateways will Drive Creation of High-Performance, Next-Generation Networks ANDOVER, Mass., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native, virtual and physical infrastructure technology solutions for mobile, cable and fixed telco networks, today announced it will join the Telecom Infra Project’s (TIP) Open and Disaggregated Broadband Network Gateway (OpenBNG) initiative. OpenBNG is the result of collaboration between Telefónica, Deutsche Telecom, BT and Vodafone, and sets important standards for equipment that operators deploy in current and future networks to deliver fixed broadband services.OpenBNG is an initiative within TIP’s Open Optical & Packet Transport (OOPT) Proj...