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Spectur Limited (SP3) Fair Value & Analysis

Industrials · AU · Market cap A$5.4M

SL Spectur Limited SP3 · AU
PriceA$0.0100
Fair ValueA$0.0085
Upside-15.0%
Quality40/100
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Mixed Growth
Loss-making · -10.0% net margin
Low debt · generates free cash flow
Trails peers (1/11)
Narrow moat 12/100
Evidence: Medium Range A$0.0107 – A$0.0118 Share as image

Fair value as of: Jul 18, 2026

From 2 valuation models · updated 23 days ago

Share price −28.6% over the past month.

Below-average quality, and screening another 15% overvalued on our models.

What matters now

  • The price is below even our cautious bear case (A$0.0107). The market is more pessimistic than our downside scenario.
  • Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (A$0.0107 to A$0.0118), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

A$0.1150 A$0.0100 Fair Value A$0.0085 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range A$0.0100 – A$0.1150 · fair‑value band A$0.0107 – A$0.0118 · the A$0.0100 price screens above the A$0.0085 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Spectur Limited (SP3) currently trades at A$0.0100, while our model-based Fair Value estimate is A$0.0085, implying the stock looks roughly 15.0% overvalued today. The Quality Score stands at 40/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Spectur Limited generated revenue of A$8.2M at a net margin of -10.0%. Revenue declined 11.5% year over year. It earns a return on equity of -59.8%. Fundamentals as of Jul 18, 2026

Our scenario range runs from A$0.0107 (bear case) to A$0.0118 (bull case); at A$0.0100, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 72% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at -15%, SP3 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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
Highest evidence
Gordon GGM A$0.0100 A$0.0100 A$0.0100 70
DDM Multi-Stage A$0.0100 A$0.0100 A$0.0100 61
All 2 models by family
Dividend Discount
Gordon GGM A$0.0100 A$0.0100 A$0.0100 70
DDM Multi-Stage A$0.0100 A$0.0100 A$0.0100 61

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Key figures & financial health

Revenue (TTM) A$8.2M
Revenue growth (YoY) -11.5%
Net margin -10.0%
Return on equity -59.8%
Free cash flow A$20.5K FY2025
Operating margin -7.6%
More key figures
Net cash A$313K FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 41 · Market factors (momentum, volatility) 13

Profitability 40
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Spectur Limited, together with its subsidiaries, designs, develops, manufactures, and sells solar-powered and remotely connected hardware products in Australia and New Zealand.

Full company description

Spectur Limited, together with its subsidiaries, designs, develops, manufactures, and sells solar-powered and remotely connected hardware products in Australia and New Zealand. The company offers various security and surveillance cameras, such as STA7 camera platform, SS7 site shield, ERB7 warning system, and STA7-240X system; static and mobile solutions, including spectacular metal mobile base, concrete installation base, and in-ground install; and mobile solar-powered solutions comprising STA-Power 200 series, STA-Power 400 series, STA-Power Trailer Light, and STA-Power Trailer Heavy. It also provides a range of software products, such as Spectur Connect, a software platform that provides 24/7 access via online and mobile app, as well as live HD/4K streaming; Envirocoms platform, an environmental data management software; Secure Go, a cloud-based software solution for video surveillance networks; and LARA (Lifeguard Activity Reporting Assistant), a software reporting system that collects real-time data and information for lifeguard teams. In addition, the company offers data collecting, interpretation, and reporting solutions, including thermal monitoring; emergency warning systems comprising flood monitoring, shark warning system, and emergency rescue beacon; and security, deterrence, and surveillance solutions. Further, it provides warehousing, installation, repair, and maintenance services to its customers and resellers; a selection of 3rd party hardware and software; and equipment rental services. Spectur Limited was incorporated in 2009 and is based in Welshpool, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Spectur Limited reported revenue of A$8.7M in FY2025 versus A$5.2M in FY2021, a compound +13.5%/yr. Reported net income was −A$779K in FY2025.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$8.7M
Latest YoY
+6.4%
Avg. growth/yr (3Y) 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.
+14.3%
Avg. growth/yr (5Y) 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.
+12.6%
Avg. growth/yr (11Y) 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.
+32.7%
Revenue +13.5%/yr
FY21 A$5.2M
FY22 A$5.8M
FY23 A$7.4M
FY24 A$8.2M
FY25 A$8.7M
Net income
FY21 −A$1.8M
FY22 −A$1.9M
FY23 −A$2.9M
FY24 −A$2.6M
FY25 −A$779K

SP3 screens 15% overvalued. Compare with ASSA ABLOY AB →

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Cite: Fair Value Calculator (2026). "Spectur Limited Fair Value". https://www.fairvalue-calculator.com/stock/SP3

Peer Group

Security & Protection Services · 114 stocks

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.

Quality Score 40 · Bottom 25%
Fair Value upside −15% · Below median
Return on assets -13% · Bottom 25%
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) -8% · Bottom 25%
Revenue growth -12% · Bottom 25%
Debt / equity 0.27× · Higher than median

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/B 36.76× · Pricier than 75% of peers
P/S (TTM) 0.47× · Cheaper than median
P/FCF 186.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 13 · sector 19
FUTURE 0 · sector 39
PAST 0 · sector 20
HEALTH 86 · sector 99
DIVIDEND 0 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
ASSA ABLOY AB ASSAB kr 348.40 kr 269.97 -23%
Verisure plc VSURE €10.26 €12.40 +21%
Allegion plc ALLE $137.24 $127.80 -7%
Securitas AB SECUB kr 162.10 kr 186.34 +15%
Zhejiang Dahua Technology Co 002236 ¥16.57 ¥23.58 +42%
MSA Safety Incorporated MSA $169.00 $118.51 -30%
ADT Inc ADT $7.06 $17.10 +142%
The Brink's Company BCO $104.24 $101.84 -2%
Brady Corporation BRC $90.16 $73.43 -19%
The GEO Group GEO $29.46 $32.36 +10%

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Frequently asked questions

Is Spectur Limited (SP3) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of A$0.0085 versus a price of A$0.0100, about −15% (overvalued).
What is the fair value of SP3?
Our model-based fair value for Spectur Limited is A$0.0085 (as of Jul 18, 2026), built from audited fundamentals. The current price is A$0.0100.
What is the quality score of SP3?
Spectur Limited has a Quality Score of 40/100. 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 revenue of Spectur Limited (SP3)?
Spectur Limited reported trailing-twelve-month revenue of about A$8.2M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of SP3?
The net profit margin of Spectur Limited is about -10.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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