Communication Equipment: Cisco Systems, Inc. owns the largest revenue base; AST SpaceMobile, Inc. has the fastest current growth.
The industry itself · before any single company
How has Communication Equipment moved against S&P 500?
The line below covers 5.2 years. Over the most recent two of them this industry is 270% ahead of S&P 500. Earnings across its companies grew 17% on average over the last four reported quarters.
FADING · −3 in 4w✓Price and the fundamentals both up8 of 30 companies ahead of S&P 500 by 5% or more over three months
Communication Equipment, equal-weighted, based at 200S&P 500, same base, same starttrailing 12-month earnings per share risingfalling
Strength anatomyNarrowHow much of the industry is participating, how recently, and whether the movers score well.
Together8 of 30 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score +3 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large2/6−1
Mid3/110
Small3/13−2
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 30 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Communication Equipment outperforming S&P 500?
Communication Equipment has outperformed S&P 500 by 74.3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 12.1%. 15 of 29 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Silicom Ltd. is the strongest against the sector itself at +35.6%.
-12.1%Sector vs S&P 500 · 13 weeks
+74.3%Sector vs S&P 500 · 52 weeks
15/29Stocks leading S&P 500
11/29Stocks leading sector
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Communication Equipment has outperformed S&P 500 by 74.3% over 52 weeks and 12.1% over 13 weeks. 15 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 11 of 29 beat the sector itself. Cisco Systems, Inc. leads with revenue of $60,746 million, based on 24 of 29 comparable companies through Jun 2026.
Is the Communication Equipment sector outperforming S&P 500?
Communication Equipment has outperformed S&P 500 by 74.3% over 52 weeks and 12.1% over 13 weeks. 15 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 11 of 29 beat the sector itself.
Which Communication Equipment company is largest by revenue?
Cisco Systems, Inc. leads with revenue of $60,746 million, based on 24 of 29 comparable companies through Jun 2026.
Which Communication Equipment company is growing fastest?
AST SpaceMobile, Inc. has the fastest current revenue growth at 100%, across 24 of 29 comparable companies.
Which Communication Equipment company has the strongest 4-Factor Sector Score?
Cisco Systems, Inc. ranks first at 64.7/100 with 86.2% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Communication Equipment company reports the most CAPEX?
Hewlett Packard Enterprise Company reports the largest latest CAPEX at $583 million, with 29 of 29 companies comparable.
Which Communication Equipment company has the least gross debt?
Vistance Networks, Inc. has the lowest comparable gross debt at $0 million. Cisco Systems, Inc. has the highest at $31,303 million.
Which Communication Equipment company has the lowest comparable PEG?
BK Technologies Corporation has the lowest comparable Guarded PEG at 0.55, among 11 of 29 companies that pass the metric’s comparability rules.
How much history does this Communication Equipment comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
29
complete canonical membership
Combined market value
$858.8B
Cisco Systems, Inc.
Revenue growing
20/24
positive TTM year-on-year growth
Beating S&P 500
15/29
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Cisco Systems, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 86.2% evidence confidence.
BK Technologies Corporation looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Digi International Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -32.9% and the one-year return is 25.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -36.8% and the one-year return is 46.4%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -42.1% and the one-year return is 51.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -25.3% and the one-year return is 257.3%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8.2/35Growth & earnings
Revenue -27.5% · PAT — · OPM change -21.7 pp
62% evidence
6.8/25Capital efficiency
ROCE 1% · debt/equity 2.22×
80% evidence
11.5/20Valuation
P/E -4.8× · PEG —
15% evidence
7.7/20Relative strength
RS sector -8.8% · RS bench 1.2% · 1Y 57.5%
100% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Cisco Systems, Inc. has the highest Revenue among the 29 Communication Equipment companies compared here, at $60,746 million. Hewlett Packard Enterprise Company is next at $38,794 million. AST SpaceMobile, Inc. has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Cisco Systems, Inc. is the scale leader at $60,746 million, 56.6% ahead of Hewlett Packard Enterprise Company. AST SpaceMobile, Inc.'s growth is stored at the ≥100% scoring cap; the uncapped TTM change is 1600% from a $85 million base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderCisco Systems, Inc. · $60,746 million
Gap56.6% versus #2 · Hewlett Packard Enterprise Company
Persistence6/8 recent comparable periods
Coverage24/29 companies · 537 observations
Investor read: Cisco Systems, Inc. is the scale benchmark; AST SpaceMobile, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Cisco Systems, Inc.'s growth falls below AST SpaceMobile, Inc.'s for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Cisco Systems, Inc. CSCO$60.7B
2Hewlett Packard Enterprise Company HPE$38.8B
3Ciena Corporation CIEN$5.6B
4Viasat, Inc. VSAT$4.6B
5Vistance Networks, Inc. VISN$4.0B
Revenue growthfastest growers
1AST SpaceMobile, Inc. ASTS100%
2Ondas Inc. ONDS100%
3Lumentum Holdings Inc. LITE69%
4Applied Optoelectronics, Inc. AAOI65%
5Gilat Satellite Networks Ltd. GILT46%
Revenue · company comparison
24/29 level · 24/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ubiquiti Inc. has the highest OPM among the 29 Communication Equipment companies compared here, at 36.9%. Cisco Systems, Inc. is next at 25%. AST SpaceMobile, Inc. has the highest Margin change at +7755.2 percentage points, so level and change sit with different companies. 28 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Ubiquiti Inc. leads opm at 36.9%; AST SpaceMobile, Inc. leads margin change at +7755.2 percentage points.
LeaderUbiquiti Inc. · 36.9%
Gap47.6% versus #2 · Cisco Systems, Inc.
Persistence7/8 recent comparable periods
Coverage28/29 companies · 521 observations
Investor read: Ubiquiti Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Ubiquiti Inc. UI37%
2Cisco Systems, Inc. CSCO25%
3Lumentum Holdings Inc. LITE22%
4Motorola Solutions, Inc. MSI19%
5Harmonic Inc. HLIT17%
Margin changefastest expanders
1AST SpaceMobile, Inc. ASTS+7,755.2 pp
2Ondas Inc. ONDS+157.6 pp
3Lumentum Holdings Inc. LITE+30.5 pp
4Hewlett Packard Enterprise Company HPE+21.5 pp
5Harmonic Inc. HLIT+14.0 pp
Operating margin · company comparison
28/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Cisco Systems, Inc. has the highest Net profit among the 29 Communication Equipment companies compared here, at $11,958 million. Hewlett Packard Enterprise Company is next at $1,556 million. Ciena Corporation has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Cisco Systems, Inc. leads with $11,958 million of TTM profit, 668.5% above Hewlett Packard Enterprise Company. Ciena Corporation shows ≥100% on the scoring scale (316.2% uncapped) growth from a $437 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderCisco Systems, Inc. · $11,958 million
Gap668.5% versus #2 · Hewlett Packard Enterprise Company
Persistence5/8 recent comparable periods
Coverage24/29 companies · 541 observations
Investor read: Cisco Systems, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Cisco Systems, Inc. CSCO$12.0B
2Hewlett Packard Enterprise Company HPE$1.6B
3Ubiquiti Inc. UI$943M
4Lumentum Holdings Inc. LITE$439M
5Ciena Corporation CIEN$437M
Profit growthfastest growers
1Ciena Corporation CIEN100%
2Clearfield, Inc. CLFD100%
3Vistance Networks, Inc. VISN90%
4Ubiquiti Inc. UI72%
5BK Technologies Corporation BKTI40%
Net profit · company comparison
24/29 level · 10/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Hewlett Packard Enterprise Company has the highest CAPEX among the 29 Communication Equipment companies compared here, at $583 million. Cisco Systems, Inc. is next at $414 million. AST SpaceMobile, Inc. has the highest CAPEX intensity at 1746.7%, so level and change sit with different companies. 29 of 29 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Hewlett Packard Enterprise Company reports $583 million of CAPEX; AST SpaceMobile, Inc. has the highest covered intensity at 1746.7%. Coverage is only 29 of 29 companies and 513 reported observations, so this is partial evidence—not a complete sector rank.
LeaderHewlett Packard Enterprise Company · $583 million
Gap40.8% versus #2 · Cisco Systems, Inc.
Persistence8/8 recent comparable periods
Coverage29/29 companies · 513 observations
Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.
This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Hewlett Packard Enterprise Company HPE$583M
2Cisco Systems, Inc. CSCO$414M
3Viasat, Inc. VSAT$298M
4AST SpaceMobile, Inc. ASTS$262M
5Nokia Oyj NOK$147M
CAPEX intensityhighest reinvestment intensity
1AST SpaceMobile, Inc. ASTS1,747%
2Telesat Corporation TSAT136%
3Applied Optoelectronics, Inc. AAOI38%
4Viasat, Inc. VSAT25%
5Lumentum Holdings Inc. LITE16%
Capital expenditure · company comparison
29/29 level · 28/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.
Full annual capacity base, operating cash flow, CAPEX and free cash flow history
Capacity base · net fixed assets + CWIP · fiscal-year history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Vistance Networks, Inc. has the lowest Gross debt among the 29 Communication Equipment companies compared here, at $0 million. BK Technologies Corporation is next at $1 million. The same company also holds the lowest Net debt, at $2,510 million net cash. 29 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Vistance Networks, Inc. has the clearest covered balance-sheet capacity with $2,510 million net cash and gross debt of $0 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderVistance Networks, Inc. · $0 million
Gap100% versus #2 · BK Technologies Corporation
Persistence1/8 recent comparable periods
Coverage29/29 companies · 543 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Vistance Networks, Inc. VISN$0M
2BK Technologies Corporation BKTI$1M
3Ondas Inc. ONDS$4M
4Gilat Satellite Networks Ltd. GILT$7M
5Silicom Ltd. SILC$7M
Net debtlowest net debt
1Vistance Networks, Inc. VISN$-2.5B
2Nokia Oyj NOK$-1.5B
3Ondas Inc. ONDS$-1.5B
4Ubiquiti Inc. UI$-313M
5NETGEAR, Inc. NTGR$-259M
Debt and balance-sheet capacity · company comparison
29/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ubiquiti Inc. has the highest ROCE among the 29 Communication Equipment companies compared here, at 31.6%. BK Technologies Corporation is next at 6.8%. Ondas Inc. has the highest ROCE change at +15.5 percentage points, so level and change sit with different companies. 29 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Ubiquiti Inc. leads ROCE at 31.6%, 24.8 percentage points above BK Technologies Corporation. Ondas Inc. has the strongest latest improvement at +15.5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderUbiquiti Inc. · 31.6%
Gap364.7% versus #2 · BK Technologies Corporation
Persistence7/8 recent comparable periods
Coverage29/29 companies · 533 observations
Investor read: Ubiquiti Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Ubiquiti Inc. UI32%
2BK Technologies Corporation BKTI6.8%
3Ciena Corporation CIEN5.1%
4Lumentum Holdings Inc. LITE5.1%
5Cisco Systems, Inc. CSCO4.6%
ROCE changefastest improvers
1Ondas Inc. ONDS+15.5 pp
2Lumentum Holdings Inc. LITE+6.1 pp
3Ciena Corporation CIEN+4.4 pp
4Hewlett Packard Enterprise Company HPE+4.4 pp
5AST SpaceMobile, Inc. ASTS+3.0 pp
Return on capital · company comparison
29/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
BK Technologies Corporation has the lowest Guarded PEG among the 29 Communication Equipment companies compared here, at 0.55×. Ubiquiti Inc. is next at 0.6×. Telesat Corporation has the lowest P/E at -4.79×, so level and change sit with different companies. 11 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: BK Technologies Corporation has the lowest comparable Guarded PEG at 0.55×, 8.3% below Ubiquiti Inc.. Only 11 of 29 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderBK Technologies Corporation · 0.55×
Gap8.3% versus #2 · Ubiquiti Inc.
Persistence0/8 recent comparable periods
Coverage11/29 companies · 41 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1BK Technologies Corporation BKTI0.6
2Ubiquiti Inc. UI0.6
3Gilat Satellite Networks Ltd. GILT0.8
4Cisco Systems, Inc. CSCO1.1
5Clearfield, Inc. CLFD1.2
P/Elowest P/E
1Telesat Corporation TSAT-4.8
2Vistance Networks, Inc. VISN0.6
3Viasat, Inc. VSAT3.7
4Silicom Ltd. SILC12.5
5NETGEAR, Inc. NTGR13.1
Valuation · company comparison
11/29 level · 26/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Vistance Networks, Inc. has the lowest EV/EBITDA among the 29 Communication Equipment companies compared here, at 2×. NETGEAR, Inc. is next at 7.31×. Telesat Corporation has the lowest P/BV at 0.45×, so level and change sit with different companies. 26 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Vistance Networks, Inc. leads ev/ebitda at 2×; Telesat Corporation leads p/bv at 0.45×.
LeaderVistance Networks, Inc. · 2×
Gap72.6% versus #2 · NETGEAR, Inc.
Persistence7/8 recent comparable periods
Coverage26/29 companies · 399 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Vistance Networks, Inc. VISN2.0
2NETGEAR, Inc. NTGR7.3
3Viasat, Inc. VSAT7.8
4Silicom Ltd. SILC8.3
5Hewlett Packard Enterprise Company HPE10.8
P/BVlowest P/BV
1Telesat Corporation TSAT0.5
2Vistance Networks, Inc. VISN0.9
3Silicom Ltd. SILC1.0
4Aviat Networks, Inc. AVNW1.1
5NETGEAR, Inc. NTGR1.3
Enterprise and book valuation · company comparison
26/29 level · 29/29 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Lumentum Holdings Inc. has the strongest one-year price move in Communication Equipment at +511.1%. Hewlett Packard Enterprise Company leads on Mansfield relative strength against the S&P 500 at +51.9%. 15 of 29 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Communication Equipment comparison names 4 specific ways its own evidence can mislead, all listed below. All 29 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.
Keep these limits visible
A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
10 · the complete set
Which companies are included?
All 29 companies in the canonical Communication Equipment membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
This comparison is built from the reported filings of 29 Communication Equipment companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
These 18 answers restate the Communication Equipment comparison above in question form. Every one is computed from the same 29 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.
Which Communication Equipment company is the biggest?
Cisco Systems, Inc. is the largest, with trailing-twelve-month revenue of $60,746 million, ahead of Hewlett Packard Enterprise Company at $38,794 million. That covers 24 of 29 companies with comparable reporting through Jun 2026.
Which Communication Equipment company is growing fastest?
AST SpaceMobile, Inc. has the fastest revenue growth at 100% year on year, across 24 of 29 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Communication Equipment company has the best profit margins?
Ubiquiti Inc. has the highest operating margin at 36.9%, from 28 of 29 comparable companies. AST SpaceMobile, Inc. shows the biggest recent improvement, at +7755.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Communication Equipment company makes the most profit?
Cisco Systems, Inc. earns the most, at $11,958 million of trailing-twelve-month net profit, from 24 of 29 comparable companies. Ciena Corporation has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Communication Equipment company earns the highest return on capital?
Ubiquiti Inc. leads on return on capital employed at 31.6%, across 29 of 29 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Communication Equipment stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — BK Technologies Corporation screens cheapest at 0.55×. Only 11 of 29 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Communication Equipment company has the strongest balance sheet?
Vistance Networks, Inc. carries the lowest comparable gross debt at $0 million, from 29 of 29 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Communication Equipment company is investing most in new capacity?
Hewlett Packard Enterprise Company reports the largest capital spending at $583 million, across 29 of 29 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.
Is the Communication Equipment sector beating the market?
Communication Equipment has outperformed S&P 500 by 74.3% over the last 52 weeks and 12.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 15 of 29 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Communication Equipment stock has the strongest price momentum?
Hewlett Packard Enterprise Company has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Communication Equipment company scores highest for research priority?
Cisco Systems, Inc. scores 64.7 out of 100 with 86.2% evidence confidence, from 19.3 points on growth and earnings, 15.6 on capital efficiency, 12.8 on valuation and 17 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Communication Equipment companies does this comparison cover, and over what period?
It compares 29 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Communication Equipment sector?
The 29 Communication Equipment companies on this page carry $858,814 million of combined market value. Cisco Systems, Inc. is the largest at $455,551 million, about 53% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.
What is the Communication Equipment sector's P/E ratio?
The median price-to-earnings ratio across the 29 Communication Equipment companies on this page is 33.6×, measured on the 25 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.
How is the Communication Equipment sector performing?
15 of the 29 covered Communication Equipment companies are beating S&P 500 on Mansfield relative strength. The sector itself is 74.3% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.
How many Communication Equipment stocks are listed in the US?
This comparison covers 29 listed Communication Equipment companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.