Communications Equipment Stocks Look CheapNovember 19, 2013
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.