Iveda Solutions, Inc. (IVDA) vs SuperCom, Ltd. (SPCB)

Iveda Solutions, Inc. and SuperCom, Ltd. are both Security & Protection Services companies. SuperCom, Ltd. is the larger, with a market value of $59.5M against $3.8M — 15.7× the size. Iveda Solutions, Inc. has negative trailing earnings, so its P/E is not meaningful; SuperCom, Ltd. trades at 9.2×. SuperCom, Ltd. grew revenue faster over the last twelve months: 0.94% against −36.0%. SuperCom, Ltd. has the higher net margin (13.4% vs −69.2%) and the higher return on invested capital (−0.40% vs −160.5%). Across the 18 metrics below, SuperCom, Ltd. leads on 11 and Iveda Solutions, Inc. on 7.

Valuation

Metric IVDA SPCB Security & Protection Services median
P/E n/m 9.18 21.88
P/S 0.78 1.51 1.21
P/B 0.66 0.97 2.21
Price to free cash flow n/m n/m 20.62
EV/EBITDA 0.21 n/m 12.37
EV/Sales (0.14) 1.74 1.86
Earnings yield (180.00%) 10.90% 3.67%
Free cash flow yield (82.76%) (47.36%) 1.13%

Profitability

Metric IVDA SPCB Security & Protection Services median
Gross margin 32.22% 55.18% 41.45%
Operating margin (68.54%) (1.15%) 8.06%
Net margin (69.23%) 13.44% 3.72%
Free cash flow margin (64.14%) (71.27%) 1.45%
Return on equity (91.95%) 13.58% 9.87%
Return on assets (55.68%) 6.56% 2.54%
Return on invested capital (160.49%) (0.40%) 3.11%

Growth

Metric IVDA SPCB Security & Protection Services median
Revenue growth (TTM) (35.96%) 0.94% 5.96%
EPS growth (last fiscal year) 51.38% 115.79% —
Revenue growth, 5-year CAGR 28.89% 18.84% 7.35%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IVDA SPCB Security & Protection Services median
Debt to equity 0.12 0.43 0.20
Current ratio 5.19 7.96 1.93
Net debt to EBITDA 1.46 1.84 1.55

Dividend

Metric IVDA SPCB Security & Protection Services median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric IVDA SPCB Security & Protection Services median
Market cap 3.78m 59.48m 395.79m

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