How Does CalAmp Compare to Its Peers?

We’ve looked at CalAmp’s (CAMP)(CAMP)(CAMP) fiscal 3Q16 results. Now let’s compare CalAmp with its peers as of December 22, 2015.

First, let’s compare PE (price-to-earnings) ratios:

• CalAmp (CAMP)(CAMP)(CAMP) – 39.7x
• Nokia (NOK) – 24.9x
• Ubiquiti Networks (UBNT) – 20.0x

Now let’s look at PBV (price-to-book value) ratios:

• CalAmp – 4.0x
• Nokia – 2.7x
• Ubiquiti Networks – 6.9x

Next, let’s see how CalAmp compares with PS (price-to-sales) ratios:

• CalAmp – 2.7x
• Nokia – 2.2x
• Motorola Solutions (MSI) – 2.1x
• Ubiquiti Networks – 4.6x

As we can see, CalAmp (CAMP)(CAMP)(CAMP) has outperformed its peers based on PE and PS.

The PowerShares S&P SmallCap Information Technology ETF (PSCT) invests 0.65% of its holdings in CalAmp.

Barron’s 400 ETF (BFOR) invests 0.21% of its holdings in CalAmp. BFOR tracks an equally weighted US equity index comprised of 400 companies selected on fundamental parameters.

The iShares Russell Microcap ETF (IWC) invests 0.17% of its holdings in CalAmp. The ETF tracks a market-cap-weighted index of US micro-cap stocks. The index selects the smallest 1,000 stocks in the Russell 2000 Index.

Now let’s compare CalAmp with the ETFs that invest in it:

• The year-to-date price movements of CalAmp, PSCT, BFOR, and IWC are 6.3%, 3.9%, -4.7%, and -5.6%, respectively.
• The PE ratios of CalAmp, PSCT, and BFOR are 39.7x, 42.9x, and 15.2x, respectively.
• The PBV ratios of CalAmp, PSCT, BFOR, and IWC are 4.0x, 2.5x, 3.0x, and 1.8x, respectively.

As we can see, CalAmp (CAMP) has outperformed its ETFs based on price movement and PBV.