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SCC

Space-Communication TASE:SCC Stock Report

Last Price

₪3.95

Market Cap

₪95.3m

7D

0.8%

1Y

-37.8%

Updated

21 May, 2022

Data

Company Financials
SCC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SCC Stock Overview

Space-Communication Ltd. provides satellite communication services worldwide.

Space-Communication Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Space-Communication
Historical stock prices
Current Share Price₪3.95
52 Week High₪7.44
52 Week Low₪3.65
Beta0.77
1 Month Change-14.28%
3 Month Change-22.91%
1 Year Change-37.83%
3 Year Change-61.97%
5 Year Change-86.12%
Change since IPO-83.89%

Recent News & Updates

May 13
The Returns On Capital At Space-Communication (TLV:SCC) Don't Inspire Confidence

The Returns On Capital At Space-Communication (TLV:SCC) Don't Inspire Confidence

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...

Dec 06
These 4 Measures Indicate That Space-Communication (TLV:SCC) Is Using Debt Extensively

These 4 Measures Indicate That Space-Communication (TLV:SCC) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Oct 13
Space-Communication (TLV:SCC) Could Be At Risk Of Shrinking As A Company

Space-Communication (TLV:SCC) Could Be At Risk Of Shrinking As A Company

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...

Shareholder Returns

SCCIL TelecomIL Market
7D0.8%-3.2%-0.7%
1Y-37.8%42.0%10.9%

Return vs Industry: SCC underperformed the IL Telecom industry which returned 42% over the past year.

Return vs Market: SCC underperformed the IL Market which returned 10.9% over the past year.

Price Volatility

Is SCC's price volatile compared to industry and market?
SCC volatility
SCC Average Weekly Movement5.3%
Telecom Industry Average Movement4.9%
Market Average Movement5.4%
10% most volatile stocks in IL Market9.1%
10% least volatile stocks in IL Market3.7%

Stable Share Price: SCC is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SCC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198956Dan Zajicekhttps://www.amos-spacecom.com

Space-Communication Ltd. provides satellite communication services worldwide. The company offers satellite broadband services, including high-speed two-way internet, broadband internet access, B2B and B2C, point-to-multipoint streaming, congestion-free IP trunking, and on-demand services; and satellite broadcasting services, such as DTH and TV/audio origination and distribution, encryption, satellite news gathering, video signals packaging and up-linking, TV channels retransmission, and satellite TV programs broadcasting services. It also provides hybrid cellular-satellite internet solutions; cross-region connectivity services; and satellite teleport services.

Space-Communication Fundamentals Summary

How do Space-Communication's earnings and revenue compare to its market cap?
SCC fundamental statistics
Market CapUS$28.32m
Earnings (TTM)-US$15.41m
Revenue (TTM)US$93.69m

0.3x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCC income statement (TTM)
RevenueUS$93.69m
Cost of RevenueUS$69.70m
Gross ProfitUS$23.99m
Other ExpensesUS$39.40m
Earnings-US$15.41m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.64
Gross Margin25.60%
Net Profit Margin-16.45%
Debt/Equity Ratio510.3%

How did SCC perform over the long term?

See historical performance and comparison

Valuation

Is Space-Communication undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SCC (₪3.95) is trading below our estimate of fair value (₪62.73)

Significantly Below Fair Value: SCC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SCC is unprofitable, so we can't compare its PE Ratio to the Asian Telecom industry average.

PE vs Market: SCC is unprofitable, so we can't compare its PE Ratio to the IL market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SCC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SCC is good value based on its PB Ratio (0.4x) compared to the IL Telecom industry average (1.3x).


Future Growth

How is Space-Communication forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.6%

Forecasted Telecom industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Space-Communication has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Space-Communication performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SCC is currently unprofitable.

Growing Profit Margin: SCC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SCC is unprofitable, and losses have increased over the past 5 years at a rate of 6% per year.

Accelerating Growth: Unable to compare SCC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SCC is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (18.3%).


Return on Equity

High ROE: SCC has a negative Return on Equity (-20.96%), as it is currently unprofitable.


Financial Health

How is Space-Communication's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SCC's short term assets ($138.0M) exceed its short term liabilities ($74.6M).

Long Term Liabilities: SCC's short term assets ($138.0M) do not cover its long term liabilities ($407.9M).


Debt to Equity History and Analysis

Debt Level: SCC's net debt to equity ratio (374.6%) is considered high.

Reducing Debt: SCC's debt to equity ratio has increased from 145.4% to 510.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SCC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SCC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.2% per year.


Dividend

What is Space-Communication current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SCC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SCC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SCC's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SCC has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Dan Zajicek (50 yo)

2.08yrs

Tenure

US$602,748

Compensation

Mr. Dan Zajicek has been Chief Executive Officer of Space-Communication Ltd since April 1, 2020. He served as the Chief Executive Officer at Satcom Systems, Ltd. until April 1, 2020 and at Gilat Satcom Ltd...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD602.75K) is above average for companies of similar size in the IL market ($USD384.62K).

Compensation vs Earnings: Insufficient data to compare Dan's compensation with company performance.


Leadership Team

Experienced Management: SCC's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: SCC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

Space-Communication Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Space-Communication Ltd
  • Ticker: SCC
  • Exchange: TASE
  • Founded: 1989
  • Industry: Alternative Carriers
  • Sector: Telecom
  • Implied Market Cap: ₪95.316m
  • Shares outstanding: 24.12m
  • Website: https://www.amos-spacecom.com

Number of Employees


Location

  • Space-Communication Ltd
  • Gibor House
  • 20th Floor
  • Ramat Gan
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.