SuperCom

SPCB

Security & Protection Services · Industrials

Price

$11.41

+0.06 (+0.53%)

Market Cap

$71.7M

Exchange

NASDAQ

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Good

Growth

Weak

Cash Flow

Weak

Stability

Good

Valuation

Good

Track this stock — start free trial

Share count rising — dilution

+89.5% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 2.6M (2021) → 5.0M (2025)

Winston Score History

The full picture

SuperCom is an Israeli technology company that makes electronic monitoring systems used to track people — mainly criminal offenders on parole or house arrest. Its core product is a GPS ankle bracelet and the software platform that goes with it. The main customers are government agencies and criminal justice departments, mostly in Europe and North America.

SuperCom earns money by selling monitoring hardware and charging governments ongoing fees to use its tracking software and services. The company operates primarily across European countries, where electronic monitoring of offenders is growing as an alternative to incarceration. It is a small company with a market cap under $50 million. Its competitive position relies on long-term government contracts, which provide some revenue stability but also make growth dependent on winning new public tenders — a slow and competitive process. The key risk is that the company carries debt and has struggled to consistently generate positive returns on its invested capital.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+13.3% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

-37.5% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$4M/ year

↑ Rising (+15% vs prior year)

14.1% of revenue

3.5x the sector average (4%)

Investing heavily in future products and technology

Insider Activity

0.0%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$7M cash & investments

Quarterly Free Cash Flow

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

SuperCom is a rare growth stock that's already generating positive cash flow while growing at 13%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

60.4%

Premium pricing power — 60.4% gross margin

Profit after running costs

Operating Margin

14.2%

Healthy — 14.2% operating margin

Return on the money invested

ROCE

3.4%

Weak — 3.4% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+6.1%

Slow sales growth (+6.1% YoY)

Profit growth

EPS YoY

-84.6%

Earnings shrinking (-84.6% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

Weak — only 0% of profit becomes cash

Spare cash per sale

FCF Margin

0.0%

Thin free cash flow (0.0%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.44

Conservative — low debt load (0.44)

Covers its interest

Interest Cover

1.34x

Dangerous — barely covers interest (1.3x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

71.3x

Expensive — P/E 71.3

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year

P/E vs Forward

+63.6

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (71.3 → 7.7)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial