NLI Holdings, Inc. (NL) vs SuperCom, Ltd. (SPCB)

NLI Holdings, Inc. and SuperCom, Ltd. are both Security & Protection Services companies. NLI Holdings, Inc. is the larger, with a market value of $344.3M against $59.5M — 5.8× the size. NLI Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; SuperCom, Ltd. trades at 9.2×. NLI Holdings, Inc. grew revenue faster over the last twelve months: 5.96% against 0.94%. SuperCom, Ltd. has the higher net margin (13.4% vs −15.8%) and the lower return on invested capital (−0.40% vs 3.44%). Across the 18 metrics below, NLI Holdings, Inc. leads on 10 and SuperCom, Ltd. on 8.

Valuation

Metric NL SPCB Security & Protection Services median
P/E n/m 9.18 21.88
P/S 2.12 1.51 1.21
P/B 0.90 0.97 2.21
Price to free cash flow 42.34 n/m 20.62
EV/EBITDA 12.64 n/m 12.37
EV/Sales 1.44 1.74 1.86
Earnings yield (7.41%) 10.90% 3.67%
Free cash flow yield 2.36% (47.36%) 1.13%

Profitability

Metric NL SPCB Security & Protection Services median
Gross margin 32.08% 55.18% 41.45%
Operating margin 9.25% (1.15%) 8.06%
Net margin (15.79%) 13.44% 3.72%
Free cash flow margin 5.01% (71.27%) 1.45%
Return on equity (6.40%) 13.58% 9.87%
Return on assets (5.14%) 6.56% 2.54%
Return on invested capital 3.44% (0.40%) 3.11%

Growth

Metric NL SPCB Security & Protection Services median
Revenue growth (TTM) 5.96% 0.94% 5.96%
EPS growth (last fiscal year) (155.80%) 115.79% —
Revenue growth, 5-year CAGR 6.68% 18.84% 7.35%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NL SPCB Security & Protection Services median
Debt to equity 0.00 0.43 0.20
Current ratio 9.02 7.96 1.93
Net debt to EBITDA (7.90) 1.84 1.55

Dividend

Metric NL SPCB Security & Protection Services median
Dividend yield 5.41% — 1.53%
Payout ratio 0.24 0.00 0.00

Size

Metric NL SPCB Security & Protection Services median
Market cap 344.25m 59.48m 395.79m

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