Latest Ratios: P/E Ratio 15.1x · EV/EBITDA 14.3x · ROE 13.6%. (2003–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $39M | $45M | $8M | $3M | $131M | $291M | $358M | $200M | $420M | $1.2B | $1.0B |
| Enterprise Value | $50M | $56M | $36M | $33M | $162M | $319M | $377M | $215M | $428M | $1.2B | $1.0B |
| P/E Ratio → | 15.15 | 12.07 | 12.68 | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.42 | 1.61 | 0.30 | 0.10 | 7.45 | 23.71 | 30.43 | 12.15 | 19.21 | 35.12 | 50.49 |
| P/B Ratio | 1.30 | 1.03 | 0.71 | 0.54 | 41.97 | 66.21 | 72.81 | 24.03 | 21.50 | 35.72 | 24.79 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.99 | 1.30 | 1.23 | 9.15 | 26.01 | 32.05 | 13.03 | 19.58 | 35.11 | 50.41 |
| EV / EBITDA | 14.32 | 15.87 | 13.77 | — | — | — | — | — | — | — | — |
| EV / EBIT | — | 13.38 | 17.36 | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.2% | 55.2% | 48.4% | 38.5% | 36.2% | 50.6% | 47.4% | 38.5% | 37.2% | 38.8% | 14.1% |
| Operating Margin | -1.2% | -1.2% | -2.8% | -12.6% | -34.0% | -54.9% | -32.4% | -50.8% | -44.2% | -19.6% | -62.0% |
| Net Profit Margin | 13.4% | 13.4% | 2.4% | -15.1% | -42.3% | -82.6% | -66.8% | -69.8% | -71.9% | -20.0% | -55.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.6% | 13.6% | 8.0% | -101.2% | -198.2% | -217.8% | -118.7% | -82.5% | -60.2% | -18.0% | -23.2% |
| ROA | 6.6% | 6.6% | 1.5% | -9.3% | -17.7% | -24.6% | -19.6% | -27.3% | -31.9% | -12.0% | -18.2% |
| ROIC | -0.5% | -0.5% | -1.6% | -7.4% | -13.7% | -17.9% | -12.2% | -24.9% | -24.2% | -13.6% | -25.7% |
| ROCE | -0.6% | -0.6% | -1.9% | -8.8% | -16.4% | -23.5% | -16.4% | -29.6% | -28.9% | -16.3% | -24.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.47 | 0.47 | 2.63 | 7.34 | 10.91 | 7.23 | 4.50 | 1.76 | 0.49 | 0.02 | — |
| Debt / EBITDA | 5.87 | 5.87 | 11.78 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.25 | 2.36 | 6.26 | 9.62 | 6.42 | 3.87 | 1.74 | 0.41 | -0.01 | -0.04 |
| Net Debt / EBITDA | 3.05 | 3.05 | 10.57 | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 1.72 | 1.72 | 1.13 | -0.60 | -3.38 | -1.78 | -1.06 | -4.89 | -10.86 | -32.43 | -53.35 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.96 | 7.96 | 7.01 | 5.27 | 5.02 | 4.66 | 1.27 | 1.62 | 1.90 | 1.53 | 1.92 |
| Quick Ratio | 7.43 | 7.43 | 6.04 | 4.81 | 4.37 | 4.02 | 1.15 | 1.43 | 1.66 | 1.25 | 1.46 |
| Cash Ratio | 2.61 | 2.61 | 0.94 | 0.96 | 0.77 | 0.63 | 0.16 | 0.01 | 0.12 | 0.06 | 0.13 |
| Asset Turnover | — | 0.41 | 0.60 | 0.59 | 0.42 | 0.29 | 0.29 | 0.41 | 0.49 | 0.61 | 0.36 |
| Inventory Turnover | 5.02 | 5.02 | 3.92 | 6.53 | 3.30 | 1.70 | 2.57 | 3.83 | 4.34 | 4.17 | 2.93 |
| Days Sales Outstanding | — | 200.45 | 168.63 | 183.49 | 224.43 | 329.12 | 385.37 | 289.05 | 224.52 | 162.42 | 185.12 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.6% | 8.3% | 7.9% | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% |
| Shares Outstanding | — | $5M | $2M | $338101 | $4M | $3M | $2M | $2M | $2M | $1M | $2M |
Persistent equity dilution risk
Based on reported figures, SuperCom trades at an EV/EBITDA of 14.32, a multiple that appears to price in significant future growth potential rather than current operational reality, especially when compared to the more established, albeit capital-intensive, security technology peers within the broader industrial sector.
The current P/S ratio of 1.42 suggests that the market is assigning a premium to the company's recurring revenue transition, yet this valuation remains vulnerable to any delays in government contract execution. Investors should note that the lack of a forward P/E multiple highlights the difficulty in forecasting earnings for a business model that relies heavily on lumpy, project-based government tenders.
As reported in financial statements, SuperCom's ROIC has struggled to maintain positive territory, oscillating between -5.0% and 2.2% over the last ten quarters, which indicates that the company is currently failing to generate returns that exceed its cost of capital on a consistent basis.
The inability to sustain positive ROIC suggests that the company's investments in R&D and hardware deployment have not yet reached the critical mass required for profitability. This trend warrants further investigation into whether the company's proprietary technology can eventually drive margin expansion or if it will remain a capital-intensive endeavor with limited scalability.
According to recent quarterly data, the company's cash conversion cycle remains elevated at 278 days as of 2025Q2, a figure that reflects the inherent difficulty in managing long-duration government payment cycles and the resulting pressure on the company's overall working capital efficiency.
The high DSO, which reached 226 days in the most recent quarter, suggests that SuperCom is effectively acting as a financier for its government clients, which significantly impairs its cash flow generation. This structural inefficiency forces the company to rely on external capital, creating a cycle of dilution that may continue until payment terms are optimized.
Based on reported figures, while the debt-to-equity ratio has improved to 0.66, this metric appears to be a function of aggressive equity issuance rather than organic debt reduction, leaving the company's interest coverage ratio highly volatile and susceptible to shifts in operating performance.
The interest coverage ratio of 137.88 in 2025Q2 is likely an outlier driven by non-operating gains, as historical periods show negative coverage. Investors should monitor the company's ability to service its $24.4M debt burden without resorting to further dilutive financing, as the current balance sheet remains structurally fragile.
The P/E ratio is the most commonly misapplied metric for SuperCom, as it obscures the company's reliance on non-operating income and tax benefits to achieve positive net margins, thereby providing a distorted view of the firm's actual core operational earning power.
Analysts should instead focus on the ratio of operating cash flow to revenue, as this better captures the company's ability to convert government contract wins into actual liquidity. Relying on P/E ignores the significant gap between accounting profits and the cash-burning reality of the business model.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying SPCB stock.
SuperCom Ltd.'s current P/E ratio is 15.1x. The historical average is 43.6x. This places it at the 33th percentile of its historical range.
SuperCom Ltd.'s current EV/EBITDA is 14.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 32.9x.
SuperCom Ltd.'s return on equity (ROE) is 13.6%. The historical average is -62.0%.
Based on historical data, SuperCom Ltd. is trading at a P/E of 15.1x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
SuperCom Ltd. has 55.2% gross margin and -1.2% operating margin.
SuperCom Ltd.'s Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.