Senetas Corporation Ltd (SEN) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Senetas Corporation Ltd stock A$0.63, price A$2.24, that is 71.9% below the price, quality 50 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range A$1.08 – A$5.20 · fair‑value band A$0.4700 – A$0.8200 · the A$2.24 price screens above the A$0.6300 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Senetas Corporation Limited, together with its subsidiaries, engages in the development, manufacture, and sale of information technology products which provide network data security solutions to businesses and governments worldwide.
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It develops and manufactures encryption hardware; virtualized network encryption software; and advanced encrypted file sharing application.
The company's products include CypherNET CN series network encryptors and CV series virtualized network encryption solution, SureDrop secure file sharing and collaboration solution; and CM7 network encryption management platform, as well as offers support and maintenance services.
It serves commercial cyber security, government and defense, infrastructure, finance, gaming, and healthcare industries. The company was incorporated in 1982 and is based in Melbourne, Australia.
Stock analysis
Senetas Corporation Ltd (SEN) currently trades at A$2.24, while our model-based Fair Value estimate is A$0.6300, 72% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of A$1.99 per share, and 1 of the 24 models we run sit above the A$2.24 price.
Bear case: the Earnings-Based group reads lowest at A$0.2600, and 23 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: A$0.4700 (bear) to A$0.8200 (bull), the price of A$2.24 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Senetas Corporation Ltd reported revenue of A$20.2M in FY2026 versus A$25.1M in FY2022, a compound −5.3%/yr. Reported net income was A$429K in FY2026.
Key figures
Market cap A$37.3M (≈ $25.7M) Micro · P/E ratio 86.8 · P/S ratio 1.85 · EPS (TTM) A$0.0258 · Net margin 2.1% · Return on equity −1.8% · Return on assets (EBIT) −21.2% (5-year average) · Operating margin 11.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 34% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at −72%, SEN screens richer than that median.
Fair Value models
BearA$0.4700Fair Value A$0.6300BullA$0.8200
Price A$2.24 · Downside -71.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.0108 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−14.6% (2021) → 2.8% (2026)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−15.9%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about −18.3% a year for the price.
Compare Senetas Corporation Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Infrastructure · 346 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−71.9% · Bottom 25%
Profitability
Return on assets0.7% · Below median
Net margin (12 months)2.1% · Below median
Operating margin (12 months)11.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)9.9% · Below median
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.00× · Below median
Valuation Multiplesvs Software - Infrastructure median · lower = cheaper
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Is Senetas Corporation Ltd (SEN) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of A$0.6300 versus a price of A$2.24, about 72% lower (overvalued).
What is the fair value of SEN?
Our model-based fair value for Senetas Corporation Ltd is A$0.6300 (as of Nov 7, 2026), built from audited fundamentals. The current price: A$2.24.
What is the quality score of SEN?
Senetas Corporation Ltd has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Senetas Corporation Ltd (SEN)?
Our model-based price target is the fair value of A$0.6300 (as of Nov 7, 2026) from 24 valuation models. Cautious scenario A$0.4700, optimistic scenario A$0.8200. It is a calculation from audited fundamentals, not an analyst target.
What is the Senetas Corporation Ltd stock forecast for 2026?
Our models put fair value at A$0.6300, about 72% lower versus a price of A$2.24 (overvalued). Cautious scenario A$0.4700, optimistic scenario A$0.8200. The calculation is refreshed regularly with new filings.
What is the revenue of Senetas Corporation Ltd (SEN)?
Senetas Corporation Ltd reported trailing-twelve-month revenue of about A$20.2M (latest available figure, as of Nov 7, 2026).
What growth is priced into Senetas Corporation Ltd (SEN)?
For today's price to be fair in a discounted-cash-flow model, Senetas Corporation Ltd would have to grow free cash flow by -15.9 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -2.6 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of SEN use?
Our models discount Senetas Corporation Ltd at 9.1 %: a base by market capitalisation (nano), damped by beta 0.85, country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Senetas Corporation Ltd that is -15.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Senetas Corporation Ltd (SEN) delivered so far?
Over the past 5 years revenue at Senetas Corporation Ltd grew -2.6 % a year. The price currently implies free-cash-flow growth of -15.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Senetas Corporation Ltd (SEN) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Senetas Corporation Ltd (-15.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Senetas Corporation Ltd (SEN)?
The free-cash-flow yield on the price is 10.71 %: that much free cash flow Senetas Corporation Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Senetas Corporation Ltd (SEN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Senetas Corporation Ltd it is A$0.6300 per share (as of Nov 7, 2026), against a price of A$2.24. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Senetas Corporation Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, SEN trades above its calculated fair value: price A$2.24, fair value A$0.6300, a gap of about −72% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SEN?
No. The price is what the market pays today (A$2.24); the fair value is what the company's own numbers justify (A$0.6300). For Senetas Corporation Ltd the two are A$1.61 per share apart. That gap is exactly why we show both numbers side by side.
How much is Senetas Corporation Ltd worth?
The market values Senetas Corporation Ltd at about A$37.3M (market capitalisation, as of Nov 7, 2026). Per share that is A$2.24; our models calculate a fair value of A$0.6300 per share.
What do the bullish and bearish scenarios say about SEN?
Our models span a range for Senetas Corporation Ltd: cautious scenario A$0.4700, base A$0.6300, optimistic A$0.8200 per share (as of Nov 7, 2026, price A$2.24). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SEN?
Senetas Corporation Ltd trades at a price-to-earnings ratio of 86.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$0.6300 is built from several models across several years. Other multiples: PEG 0.8, P/B 0.9, P/S 1.9, EV/EBITDA 19.0.
What is the PEG ratio of SEN?
The PEG ratio of Senetas Corporation Ltd is 0.77 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Senetas Corporation Ltd (SEN)?
Balance-sheet figures for Senetas Corporation Ltd (as of Nov 7, 2026): return on equity −1.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is SEN from its 52-week high?
Senetas Corporation Ltd trades at A$2.24, about 32% below its 52-week high of A$3.30 and 34% above the low of A$1.67 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.6300 is for.
Which stocks are comparable to Senetas Corporation Ltd?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Senetas Corporation Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price A$2.24, calculated fair value A$0.6300 (−72%), Quality Score 50/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SEN calculated?
We run Senetas Corporation Ltd through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$0.6300 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Senetas Corporation Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Senetas Corporation Ltd (SEN)?
The closing price on Nov 9, 2026 was A$2.24. Our model-based fair value is A$0.6300, about 72% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Senetas Corporation Ltd right now?
The price sits above even our optimistic bull case (A$0.8200). The favourable scenario is already priced in. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Senetas Corporation Ltd
How large is the market capitalisation of Senetas Corporation Ltd (SEN)?
The market capitalisation of Senetas Corporation Ltd is A$37.3M (≈ $25.7M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Senetas Corporation Ltd (SEN)?
The price-to-sales ratio of Senetas Corporation Ltd is 1.85 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Senetas Corporation Ltd (SEN)?
Earnings per share at Senetas Corporation Ltd are A$0.0258 (price ÷ EPS = P/E 86.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Senetas Corporation Ltd (SEN)?
The net margin of Senetas Corporation Ltd is 2.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Senetas Corporation Ltd (SEN)?
The return on equity (ROE) of Senetas Corporation Ltd is −1.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Senetas Corporation Ltd (SEN)?
On an EBIT basis the return on assets of Senetas Corporation Ltd is −21.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Senetas Corporation Ltd (SEN)?
The operating margin of Senetas Corporation Ltd is 11.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Senetas Corporation Ltd (SEN)?
Revenue at Senetas Corporation Ltd is growing +9.9% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Senetas Corporation Ltd (SEN)?
Earnings per share at Senetas Corporation Ltd are growing −96.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Senetas Corporation Ltd (SEN) hold?
Senetas Corporation Ltd holds more cash than debt, A$15.7M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Nov 7, 2026