Spectra Systems
Market Cap
UK£81.7m
Last Updated
2021/01/26 19:43 UTC
Data Sources
Company Financials +
Executive Summary
Spectra Systems Corporation discovers, develops, and sells integrated optical systems in Rhode Island and internationally. More Details
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Spectra Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPSC is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: SPSC's weekly volatility (0%) has been stable over the past year.
Market Performance
7 Day Return
0%
SPSC
3.6%
GB Electronic
-1.0%
GB Market
1 Year Return
24.1%
SPSC
23.1%
GB Electronic
-7.7%
GB Market
Return vs Industry: SPSC exceeded the UK Electronic industry which returned 22% over the past year.
Return vs Market: SPSC exceeded the UK Market which returned -6.3% over the past year.
Shareholder returns
| SPSC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 3.6% | -1.0% |
| 30 Day | 0% | 6.2% | 2.2% |
| 90 Day | 0% | 15.4% | 18.5% |
| 1 Year | 30.0%24.1% | 24.1%23.1% | -4.0%-7.7% |
| 3 Year | 118.1%89.5% | 55.3%49.3% | 4.0%-8.7% |
| 5 Year | 966.5%737.2% | 187.6%167.6% | 43.8%15.9% |
Long-Term Price Volatility Vs. Market
How volatile is Spectra Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's What Spectra Systems Corporation's (LON:SPSC) Shareholder Ownership Structure Looks Like4 weeks ago | Simply Wall St
How Much Did Spectra Systems' (LON:SPSC) CEO Pocket Last Year?1 month ago | Simply Wall St
With EPS Growth And More, Spectra Systems (LON:SPSC) Is InterestingValuation
Is Spectra Systems undervalued compared to its fair value and its price relative to the market?
26.72x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SPSC (£1.8) is trading above our estimate of fair value (£1.42)
Significantly Below Fair Value: SPSC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SPSC is good value based on its PE Ratio (26.6x) compared to the GB Electronic industry average (33.5x).
PE vs Market: SPSC is poor value based on its PE Ratio (26.6x) compared to the UK market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPSC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPSC is overvalued based on its PB Ratio (4.7x) compared to the GB Electronic industry average (2.7x).
Next Steps
Future Growth
How is Spectra Systems forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.5%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SPSC's forecast earnings growth is above the savings rate (1%).
Earnings vs Market: Insufficient data to determine if SPSC's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SPSC's revenue (13.5% per year) is forecast to grow faster than the UK market (6.6% per year).
High Growth Revenue: SPSC's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SPSC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Spectra Systems performed over the past 5 years?
36.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPSC has high quality earnings.
Growing Profit Margin: SPSC's current net profit margins (31.8%) are higher than last year (24%).
Past Earnings Growth Analysis
Earnings Trend: SPSC has become profitable over the past 5 years, growing earnings by 36.7% per year.
Accelerating Growth: SPSC's earnings growth over the past year (61%) exceeds its 5-year average (36.7% per year).
Earnings vs Industry: SPSC earnings growth over the past year (61%) exceeded the Electronic industry -4.3%.
Return on Equity
High ROE: SPSC's Return on Equity (17.7%) is considered low.
Next Steps
Financial Health
How is Spectra Systems's financial position?
Financial Position Analysis
Short Term Liabilities: SPSC's short term assets ($15.6M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: SPSC's short term assets ($15.6M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: SPSC is debt free.
Reducing Debt: SPSC has not had any debt for past 5 years.
Debt Coverage: SPSC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPSC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Spectra Systems's current dividend yield, its reliability and sustainability?
2.83%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPSC's dividend (2.85%) is higher than the bottom 25% of dividend payers in the UK market (1.53%).
High Dividend: SPSC's dividend (2.85%) is low compared to the top 25% of dividend payers in the UK market (4.57%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SPSC has been paying a dividend for less than 10 years.
Growing Dividend: SPSC's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.7%), SPSC's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
Nabil Lawandy
24.5yrs
Tenure
US$503,878
Compensation
Dr. Nabil M. Lawandy, Ph.D. is the Founder of Spectra Systems Corporation and has been its Chief Executive Officer and President since July 1996. Dr. Lawandy serves as the President, Chief Technology Offic...
CEO Compensation Analysis
Compensation vs Market: Nabil's total compensation ($USD503.88K) is above average for companies of similar size in the UK market ($USD335.56K).
Compensation vs Earnings: Nabil's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.5yrs | US$503.88k | 4.95% $ 4.0m | |
| CFO & Company Secretary | 4yrs | no data | no data | |
| Managing Director of Ics Operations | 9yrs | no data | no data |
9.0yrs
Average Tenure
Experienced Management: SPSC's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.5yrs | US$503.88k | 4.95% $ 4.0m | |
| Member of Technology Advisory Board | no data | no data | no data | |
| Independent Non-Executive Director | no data | US$30.00k | 0.18% $ 146.6k | |
| Member of Technology Advisory Board | no data | no data | no data | |
| Member of Technology Advisory Board | no data | no data | no data | |
| Chairman of Technology Advisory Board | no data | no data | no data | |
| Member of Technology Advisory Board | no data | no data | no data | |
| Member of Technology Advisory Board | no data | no data | no data | |
| Member of Technology Advisory Board | no data | no data | no data | |
| Independent Non-Executive Chairman | 9.58yrs | US$30.00k | 0.12% $ 99.8k | |
| Independent Non-Executive Director | 14yrs | US$30.00k | 0.16% $ 130.9k |
14.0yrs
Average Tenure
74yo
Average Age
Experienced Board: SPSC's board of directors are seasoned and experienced ( 14 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Spectra Systems Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Spectra Systems Corporation
- Ticker: SPSC
- Exchange: AIM
- Founded: 1996
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: UK£81.721m
- Shares outstanding: 45.40m
- Website: https://www.spsy.com
Number of Employees
Location
- Spectra Systems Corporation
- 40 Westminster Street
- 2nd Floor
- Providence
- Rhode Island
- 2903
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPSY | AIM (London Stock Exchange AIM Market) | COM SHS USD0.01 | GB | GBP | Jul 2011 | |
| SPSC | AIM (London Stock Exchange AIM Market) | Yes | Common Stock | GB | GBP | Jul 2011 |
| SCTQ | OTCPK (Pink Sheets LLC) | COM SHS USD0.01 | US | USD | Jul 2011 |
Biography
Spectra Systems Corporation discovers, develops, and sells integrated optical systems in Rhode Island and internationally. It operates in three segments: Authentication Systems, Secure Transactions, and Ba...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 19:43 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.