Spectra Systems Corporation (SCTQ) fair value: what the stock is really worth
As of Sep 18, 2026: fair value of Spectra Systems Corporation $5.00, price $2.24, upside +123.2%, quality 74 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Spectra Systems Corporation for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $1.15 – $2.24 · fair‑value band $3.22 – $6.57 · the $2.24 price screens below the $5.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow Spectra Systems in your weekly email
Every Wednesday you see whether Spectra Systems is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally. It operates through four segments: Authentication Systems, Secure Transactions, Security Printing, and Banknote Cleaning.
Show more
Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally. It operates through four segments: Authentication Systems, Secure Transactions, Security Printing, and Banknote Cleaning. It offers integrated solutions, including a system of taggant materials and sensor equipment to authenticate banknotes and security documents; and banknote cleaning and disinfection systems. The company also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems for integrity of the lottery and sports betting games. In addition, it offers software and hardware systems comprising high-speed currency authentication sensors; and conventional and hybrid postage stamps, tax stamps, vouchers, coupons, certificates, and high-security documents. The company was formerly known as Spectra Science Corporation and changed its name to Spectra Systems Corporation in June 2001. Spectra Systems Corporation was incorporated in 1996 and is headquartered in Providence, Rhode Island.
Stock analysis
Spectra Systems Corporation (SCTQ) currently trades at $2.24, while our model-based Fair Value estimate is $5.00, implying the stock looks roughly 55.2% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of $6.34 per share, and 21 of the 26 models we run sit above the $2.24 price.
Bear case: the Asset-Based group reads lowest at $0.5000, and 5 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $3.22 (bear) to $6.57 (bull), the price of $2.24 sits below 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 74/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Spectra Systems Corporation reported revenue of $49.2M in FY2024 versus $15.6M in FY2020, a compound +33.2%/yr. Reported net income was $8.5M in FY2024, compounding +11.8%/yr from FY2020.
Key figures
Market cap $110M · P/E ratio 5.4 · P/S ratio 0.93 · EPS (TTM) $0.4100 · Dividend yield 5.4% · Net margin 17.3% · Return on equity 45.7% · Return on assets (EBIT) 16.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 13% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −13% fair-value upside, at 123%, SCTQ screens cheaper than that median.
Fair Value models
Bear $3.22Fair Value $5.00Bull $6.57
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2024 figures (about 12 months old). Earnings retained since then ($0.4100 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.Evidence ⓘEvidence = 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.92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+142.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+44.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.1%
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.9%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+16.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.1%
Dividend (yield on the price)5.4%
Profit margin 2019 to 2024 ⓘ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.33% → 23%
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).
+3.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +1.1% a year for the price.
Compare Spectra Systems Corporation with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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 - Application · 720 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score74 · Top 25%
Fair Value upside+123% · Top 25%
Profitability
Return on equity (TTM)46% · Top 25%
Return on assets23% · Top 25%
Net margin (TTM)31% · Top 25%
Operating margin (TTM)35% · Top 25%
Growth and dividend
Revenue growth11% · Above median
Dividend yield (TTM)5.4% · Top 25%
Balance sheet
Debt / equity0.07× · Above median
Valuation Multiplesvs Software - Application median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Spectra Systems Corporation Fair Value". https://www.fairvalue-calculator.com/stock/SCTQ
Frequently asked questions
Is Spectra Systems Corporation (SCTQ) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $5.00 versus the last price from Sep 18, 2026 of $2.24, about +123% upside (undervalued).
What is the fair value of SCTQ?
Our model-based fair value for Spectra Systems Corporation is $5.00 (as of Sep 23, 2026), built from audited fundamentals. Last price (from Sep 18, 2026): $2.24.
What is the quality score of SCTQ?
Spectra Systems Corporation has a Quality Score of 74/100. 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 Spectra Systems Corporation (SCTQ)?
Our model-based price target is the fair value of $5.00 (as of Sep 23, 2026) from 26 valuation models. Cautious scenario $3.22, optimistic scenario $6.57. It is a calculation from audited fundamentals, not an analyst target.
What is the Spectra Systems Corporation stock forecast for 2026?
Our models put fair value at $5.00, about +123% upside versus the last price from Sep 18, 2026 of $2.24 (undervalued). Cautious scenario $3.22, optimistic scenario $6.57. The calculation is refreshed regularly with new filings.
What is the revenue of Spectra Systems Corporation (SCTQ)?
Spectra Systems Corporation reported trailing-twelve-month revenue of about $64.3M (latest available figure, as of Sep 23, 2026).
Does Spectra Systems Corporation pay a dividend?
Spectra Systems Corporation currently shows a dividend yield of about 5.42% relative to its recent price (as of Sep 23, 2026).
What growth is priced into Spectra Systems Corporation (SCTQ)?
For today's price to be fair in a discounted-cash-flow model, Spectra Systems Corporation would have to grow free cash flow by +3.5 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +29.1 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of SCTQ use?
Our models discount Spectra Systems Corporation at 11.2 %: a base by market capitalisation (micro), damped by beta 0.01, country premium for USA. 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 Spectra Systems Corporation that is +3.5 % per year a year over ten years, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has Spectra Systems Corporation (SCTQ) delivered so far?
Over the past 5 years revenue at Spectra Systems Corporation grew +29.1 % a year. The price currently implies +3.5 % per year free-cash-flow growth a 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 Spectra Systems Corporation (SCTQ) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Spectra Systems Corporation (+3.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Spectra Systems Corporation (SCTQ)?
The free-cash-flow yield on the price is 7.72 %: that much free cash flow Spectra Systems Corporation produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Spectra Systems Corporation (SCTQ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Spectra Systems Corporation it is $5.00 per share (as of Sep 23, 2026), against a price of $2.24. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Spectra Systems Corporation stock overvalued or undervalued in 2026?
As of Sep 23, 2026, SCTQ trades below its calculated fair value: price $2.24, fair value $5.00, a gap of about +123% (undervalued). 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 SCTQ?
No. The price is what the market pays today ($2.24); the fair value is what the company's own numbers justify ($5.00). For Spectra Systems Corporation the two are $2.76 per share apart. That gap is exactly why we show both numbers side by side.
How much is Spectra Systems Corporation worth?
The market values Spectra Systems Corporation at about $110M (market capitalisation, as of Sep 23, 2026). Per share that is $2.24; our models calculate a fair value of $5.00 per share.
What do the bullish and bearish scenarios say about SCTQ?
Our models span a range for Spectra Systems Corporation: cautious scenario $3.22, base $5.00, optimistic $6.57 per share (as of Sep 23, 2026, price $2.24). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SCTQ?
Spectra Systems Corporation trades at a price-to-earnings ratio of 5.4 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $5.00 is built from several models across several years. Other multiples: P/B 3.1, P/S 1.7, EV/EBITDA 3.6.
How solid is the balance sheet of Spectra Systems Corporation (SCTQ)?
Balance-sheet figures for Spectra Systems Corporation (as of Sep 23, 2026): return on equity 45.7%, debt of 0.07 per unit of equity. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is SCTQ from its 52-week high?
Spectra Systems Corporation trades at $2.24, at its 52-week high of $2.24 and 13% above the low of $1.99 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of $5.00 is for.
Which stocks are comparable to Spectra Systems Corporation?
From the same area (Technology) we also value SAP SE, Shopify Inc, Uber Technologies, Inc, Salesforce, 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 Spectra Systems Corporation stock attractive at the current price?
The data as of Sep 23, 2026: price $2.24, calculated fair value $5.00 (+123%), Quality Score 74/100, from 26 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 SCTQ calculated?
We run Spectra Systems Corporation through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $5.00, 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 13.2 % above its aggregate fair value. Spectra Systems Corporation currently trades 123 % below its own fair value, and the market average says nothing about that. 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 Spectra Systems Corporation (SCTQ)?
The latest price we hold is from Sep 18, 2026 and stands at $2.24. Our model-based fair value is $5.00, about +123% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Spectra Systems Corporation right now?
The rarer combination: high quality (74/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case ($3.22). The market is more pessimistic than our downside scenario. A fairly wide model range ($3.22 to $6.57) leaves room in how you read the outcome.
Key figures of Spectra Systems Corporation
How large is the market capitalisation of Spectra Systems Corporation (SCTQ)?
The market capitalisation of Spectra Systems Corporation is $110M. 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 Spectra Systems Corporation (SCTQ)?
The price-to-sales ratio of Spectra Systems Corporation is 0.93 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Spectra Systems Corporation (SCTQ)?
Earnings per share at Spectra Systems Corporation are $0.4100 (price ÷ EPS = P/E 5.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Spectra Systems Corporation (SCTQ)?
The dividend yield of Spectra Systems Corporation is 5.4% (payout 29.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Spectra Systems Corporation (SCTQ)?
The net margin of Spectra Systems Corporation is 17.3% (fiscal year 2024). 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 Spectra Systems Corporation (SCTQ)?
The return on equity (ROE) of Spectra Systems Corporation is 45.7% (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 Spectra Systems Corporation (SCTQ)?
On an EBIT basis the return on assets of Spectra Systems Corporation is 16.7% (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 Spectra Systems Corporation (SCTQ)?
The operating margin of Spectra Systems Corporation is 34.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Spectra Systems Corporation (SCTQ)?
Revenue at Spectra Systems Corporation is growing +10.8% versus a year earlier (3y avg +44.5%). 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 Spectra Systems Corporation (SCTQ)?
Earnings per share at Spectra Systems Corporation are growing +237% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Spectra Systems Corporation (SCTQ) hold?
Spectra Systems Corporation holds more cash than debt, $2.8M net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Spectra Systems Corporation in the live analysis
One click puts Spectra Systems Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Broad data
Sep 23, 2026