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 $347.2M against $52.1M — 6.7× the size. NLI Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; SuperCom, Ltd. trades at 57.8×. SuperCom, Ltd. grew revenue faster over the last twelve months: 7.23% against 4.32%. SuperCom, Ltd. has the higher net margin (2.92% vs −2.98%) and the lower return on invested capital (−0.58% vs 2.60%). Across the 18 metrics below, NLI Holdings, Inc. leads on 9 and SuperCom, Ltd. on 9.

Valuation

Metric NL SPCB Security & Protection Services median
P/E n/m 57.77 22.53
P/S 1.99 1.57 1.17
P/B 0.84 0.96 2.09
Price to free cash flow 34.38 n/m 19.49
EV/EBITDA 11.17 n/m 11.17
EV/Sales 1.33 1.97 1.97
Earnings yield (1.48%) 1.73% 3.26%
Free cash flow yield 2.91% (43.35%) 1.46%

Profitability

Metric NL SPCB Security & Protection Services median
Gross margin 32.50% 55.77% 38.10%
Operating margin 9.80% (1.89%) 9.80%
Net margin (2.98%) 2.92% 2.88%
Free cash flow margin 5.79% 0.00% 0.00%
Return on equity (1.26%) 2.02% 8.74%
Return on assets (1.00%) 1.21% 1.21%
Return on invested capital 2.60% (0.58%) 1.98%

Growth

Metric NL SPCB Security & Protection Services median
Revenue growth (TTM) 4.32% 7.23% 7.23%
EPS growth (last fiscal year) (155.80%) 97.37% 35.69%
Revenue growth, 5-year CAGR 6.68% 18.84% 7.09%
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 0.40 0.20
Current ratio 7.25 5.75 1.92
Net debt to EBITDA (7.90) 1.84 1.55

Dividend

Metric NL SPCB Security & Protection Services median
Dividend yield 5.78% — 1.65%
Payout ratio — — 0.28

Size

Metric NL SPCB Security & Protection Services median
Market cap 347.18m 52.12m 408.73m

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