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SuperCom Ltd (SPCB) Fair Value & Analysis

Industrials · US · Market cap $60.4M

SL SuperCom Ltd logo SuperCom Ltd SPCB · US
Price$11.40
Fair Value$8.99
Upside-21.1%
Quality30/100
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Expensive Growth
Thin margins · 3.0% net margin
Low debt · negative free cash flow
Trails peers (4/12)
Narrow moat 33/100
Evidence: Medium Range $6.29 – $11.69 Share as image

Fair value as of: Jul 19, 2026

From 13 valuation models · updated 22 days ago

Share price +10.7% over the past month.

Below-average quality, and screening another 21% overvalued on our models.

What matters now

  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range ($6.29 to $11.69) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$296.00 $2.69 Fair Value $8.99 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range $2.69 – $296.00 · fair‑value band $6.29 – $11.69 · the $11.40 price screens above the $8.99 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

SuperCom Ltd (SPCB) currently trades at $11.40, while our model-based Fair Value estimate is $8.99, implying the stock looks roughly 21.1% overvalued today. The Quality Score stands at 30/100 (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, SuperCom Ltd generated revenue of $28.5M at a net margin of 3.0%. Revenue grew 8.0% year over year. It earns a return on equity of 2.1%. Net debt stands at $10.7M. Fundamentals as of Jul 19, 2026

Our scenario range runs from $6.29 (bear case) to $11.69 (bull case); at $11.40, the current price sits within 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 16% below its 52-week high and 61% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at -21%, SPCB 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
Residual Income $6.09 $6.42 $6.65 76
Gordon GGM $14.82 $24.83 $32.23 70
Growth-Adj P/E $7.40 $10.58 $13.75 68
All 13 models by family
DCF Models
Owner Earnings $8.91 $13.80 $20.24 31
Earnings-Based
Graham-Dodd $4.61 $17.09 $23.09 54
Lynch FV $4.10 $5.86 $7.61 50
PEG = 1.0 $4.10 $5.86 $7.61 46
Dividend Discount
Gordon GGM $14.82 $24.83 $32.23 70
DDM Multi-Stage $14.82 $23.55 $26.71 61
Multiples
P/E Multiple $10.17 $13.56 $16.95 63
P/S Multiple $8.64 $11.52 $14.41 58
P/B Multiple $8.64 $11.52 $14.41 55
EV/EBITDA $4.58 $6.64 $8.70 54
Asset-Based
NCAV (Graham) $3.94 $5.27 $7.87 50
Economic Profit
Residual Income $6.09 $6.42 $6.65 76
Growth Earnings
Growth-Adj P/E $7.40 $10.58 $13.75 68

Widest divergence: Dividend Discount ($23.55) versus Asset-Based ($5.27). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) $28.5M
Revenue growth (YoY) +8.0%
Net margin 3.0%
Return on equity 2.1%
Free cash flow −$8.7M FY2025
P/E ratio 14.6
More key figures
Operating margin 16.1%
EPS (TTM) $0.7500
EPS growth (YoY) -57.1%
Net debt $10.7M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 32 · Market factors (momentum, volatility) 54

Profitability 41
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 35
Disciplined investing over empire-building
Low Volatility 24
Calm price path (market factor)
Momentum 66
Price trend over the last 3–12 months (market factor)
52W Momentum 66
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

SuperCom Ltd. provides traditional and digital identity, Internet of Things (IoT) and connectivity, and cyber security products and solutions in Africa, Europe, South and center America, the United States, Israel, and Asia Pacific. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security.

Full company description

SuperCom Ltd. provides traditional and digital identity, Internet of Things (IoT) and connectivity, and cyber security products and solutions in Africa, Europe, South and center America, the United States, Israel, and Asia Pacific. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management using MAGNA platform. The company also provides PureRF suite, a solution based on RFID tag technology to identify, locate, track, monitor, count, and protect people and objects. Its PureRF suite includes PureRF Tags, Hands-Free Long-Range RFID Asset and Vehicle Tags, PureRF Readers, PureRF Activators, PureRF Initializer, House Arrest Monitoring System, PureTag RF Bracelet, PureCom RF Base Station, GPS Offender Tracking System, PureTrack, PureBeacon, PureMonitor Offender Electronic Monitoring Software, Inmate Monitoring System, DoorGuard, and Personnel Tag, as well as domestic violence victim protection systems and PureProtect smartphone app. In addition, it provides connectivity products and solutions comprising AVIDITY WBSac, BOLSTER WBSn, and BreezeNET B; and cyber security strategic business unit products and solutions, including Safend Encryptor, Safend Protector, Safend Inspector, and Safend Discoverer; and connectivity products, such as solutions for carrier Wi-Fi, enterprise connectivity, smart city, smart hospitality, connected campuses, and connected events. It sells its systems and products through local representatives, subsidiaries, and distribution channels, as well as independent representatives, resellers, and distributors. The company was formerly known as Vuance Ltd. and changed its name to SuperCom Ltd. in January 2013. SuperCom Ltd. was incorporated in 1988 and is based in Tel Aviv-Yafo, Israel.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SuperCom Ltd reported revenue of $27.9M in FY2025 versus $12.3M in FY2021, a compound +22.8%/yr. Reported net income was $3.7M in FY2025.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$27.9M
Latest YoY
+0.9%
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.
+16.5%
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.
+18.8%
Avg. growth/yr (22Y) 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.
+6.3%
Revenue +22.8%/yr
FY21 $12.3M
FY22 $17.6M
FY23 $26.6M
FY24 $27.6M
FY25 $27.9M
Net income
FY21 −$10.1M
FY22 −$7.5M
FY23 −$4.0M
FY24 $661K
FY25 $3.7M

SPCB screens 21% overvalued. Compare with ASSA ABLOY AB →

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Cite: Fair Value Calculator (2026). "SuperCom Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SPCB

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 30 · Bottom 25%
Fair Value upside −21% · Below median
Return on equity (TTM) 2% · Below median
Return on assets -0% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 16% · Top 25%
Revenue growth 8% · Above median
Debt / equity 0.43× · Higher than 75% of peers

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

P/E (TTM) 14.6× · Cheaper than median
P/B 1.39× · Cheaper than median
P/S (TTM) 2.12× · Pricier than median
EV/EBITDA 19.1× · 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 5 · sector 19
FUTURE 40 · sector 39
PAST 8 · sector 20
HEALTH 79 · 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.

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Frequently asked questions

Is SuperCom Ltd (SPCB) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $8.99 versus a price of $11.40, about −21% (overvalued).
What is the fair value of SPCB?
Our model-based fair value for SuperCom Ltd is $8.99 (as of Jul 19, 2026), built from audited fundamentals. The current price is $11.40.
What is the quality score of SPCB?
SuperCom Ltd has a Quality Score of 30/100. 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 SuperCom Ltd (SPCB)?
SuperCom Ltd reported trailing-twelve-month revenue of about $28.5M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SPCB?
The net profit margin of SuperCom Ltd is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. 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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