At the same time, the comm equipment industry offers some decent yield. While the industry only averages a 1.6% yield, there are four companies that offer a greater than 2% yield.
Tuesday, November 19, 2013
Communications Equipment Stocks Look Cheap
Looking at the last ten years of valuation history, the global communications equipment industry looks quite cheap. Below is the price to cash flow ratio. The current multiple of 12x cash flow looks more like a recession type of environment for these companies.
At the same time, the comm equipment industry offers some decent yield. While the industry only averages a 1.6% yield, there are four companies that offer a greater than 2% yield.
At the same time, the comm equipment industry offers some decent yield. While the industry only averages a 1.6% yield, there are four companies that offer a greater than 2% yield.