CommScope Holding Company, Inc. (COMM) Company Bio
Commscope provides connectivity and infrastructure solutions for wireless, business enterprise, and residential broadband networks worldwide. The company operates through three segments: Wireless, Enterprise, and Broadband. The company was founded in 1976 and is based in Hickory, North Carolina.
COMM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for CommScope Holding Company Inc. To summarize, we found that CommScope Holding Company Inc ranked in the 49th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 12.17%. As for the metrics that stood out in our discounted cash flow analysis of CommScope Holding Company Inc, consider:
23% of the company's capital comes from equity, which is greater than just 6.4% of stocks in our cash flow based forecasting set.
CommScope Holding Company Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.91. This coverage rate is greater than that of just 20.97% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 17. This value is greater than 99.5% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FTV, DXC, CLGX, DAVA, and MKSI can be thought of as valuation peers to COMM, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Bolstering speed of delivery and opportunities to scale for new and existing clientsDENVER, Jan. 07, 2021 (GLOBE NEWSWIRE) -- STACK INFRASTRUCTURE, the digital infrastructure partner to the world’s most innovative companies, today announced that it has joined CommScope’s Multi-Tenant Data Center (MTDC) Alliance Program. The MTDC Alliance Program addresses the needs and concerns of multi-tenant data centers in an ever-evolving market. Specifically, it creates a space solely focused on the growth and development of multi-tenant data centers by addressing critical requirements such as speed of delivery, scalability and streamlined global support.The announcement comes on the heels of STACK’s announcements of expansion in the Arizona, Atlanta, Portland, Northern Virginia, and New Albany mar...