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Sangoma Technologies Corporation (STC) Fair Value & Analysis

Technology · CA · Market cap C$166M

ST Sangoma Technologies Corporation STC · TO
PriceC$5.42
Fair ValueC$15.82
Upside+191.9%
Quality95/100
Evidence: Medium Range C$11.54 – C$20.09

Fair value as of: Jun 24, 2026

From 12 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from C$16.29 to C$15.82 (−2.9%) since Jun 23, 2026. Share price +5.1% over the past month.

Price vs Fair Value (12 months)

C$8.89 C$4.85 Fair Value C$15.82 Jun 2025 Jun 2026

12‑month range C$4.85 – C$8.89 · fair‑value band C$11.54 – C$20.09 · the C$5.42 price screens below the C$15.82 fair value. As of Jun 24, 2026.

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Analysis

Sangoma Technologies Corporation (STC) currently trades at C$5.42, while our model-based Fair Value estimate is C$15.82 — implying the stock looks roughly 191.9% undervalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Sangoma Technologies Corporation generated revenue of C$213M at a net margin of -3.0%. Revenue declined 12.2% year over year. It earns a return on equity of -2.6%. Net debt stands at C$42.6M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$213M
Revenue growth (YoY) -12.2%
Net margin -3.0%
Return on equity -2.6%
Free cash flow C$32.9M FY2025
Operating margin -4.2%
More key figures
EPS (TTM) C$-0.2600
Net debt C$42.6M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Sangoma Technologies Corporation, together with its subsidiaries, develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally. The company offers communications platforms comprising pure cloud and hybrid unified communications as a service, and on-premises systems; retail and wholesale SIP trunking, as well as fax as a service; Sangoma TeamHub, a unified communications and collaboration platform for business productivity; Sangoma Meet, a multi-party video conferencing platform; and Sangoma CX, a cloud-native contact center suite that enables businesses to manage inbound interactions across multiple channels. It also provides productivity apps comprising appointment suite, call flow, curbside, phone monitor, send, and urgent notify; managed security services, such as antispam, web filtering, antivirus, botnet and domain reputation, app control and intrusion p…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sangoma Technologies Corporation reported revenue of C$237M in FY2025 versus C$167M in FY2021, a compound +9.1%/yr. Reported net income was −C$5.0M in FY2025.

Revenue +9.1%/yr
FY21 C$167M
FY22 C$224M
FY23 C$253M
FY24 C$247M
FY25 C$237M
Net income
FY21 C$228K
FY22 −C$111M
FY23 −C$29.0M
FY24 −C$8.7M
FY25 −C$5.0M

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Frequently asked questions

Is Sangoma Technologies Corporation (STC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$15.82 versus a price of C$5.42 — about +192% (undervalued). Model-based estimate, not financial advice.
What is the fair value of STC?
Our 21-model fair value for Sangoma Technologies Corporation is C$15.82 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$5.42.
What is the quality score of STC?
Sangoma Technologies Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Sangoma Technologies Corporation (STC)?
Sangoma Technologies Corporation reported trailing-twelve-month revenue of about C$213M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of STC?
The net profit margin of Sangoma Technologies Corporation is about -3.0%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.