RDW
Redwire Corporation
RDW has the edge over SPCB overall, supported by stronger modeled upside and stronger fundamentals.
SPCB
SuperCom Ltd.
SPCB has lower modeled downside risk, despite its lower overall score.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
SPCB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Weak |
SPCB's revenue is currently healthy, and its profitability and cash flow are stable, but its balance sheet is weak.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
SPCB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $6.66 | — |
| Cheap | 16x | $2.50 | -62% |
| Fair | 18x | $2.91 | -56% |
| Expensive | 38x | $6.05 | -9.1% |
| Current | 42x | $6.66 | — |
Historical ranges are pointers, not guarantees.
SPCB's PE is 42x, but its earnings don't support one, so it isn't a reliable read right now.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over SPCB on the outlook, with more favorable profitability expectations.
SPCB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for SPCB, but weaker profitability. However, they disagree widely on these estimates.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
SPCB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.59 | +272% |
| Q2 2026 | $0.16 | -79% |
SPCB has the edge over RDW in the latest year-over-year earnings comparison.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over SPCB on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
SPCB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $8.1M | +13% |
| Q1 2026 | $7.6M | +8% |
| Q4 2025 | $7.5M | +13% |
| Q3 2025 | $6.2M | -9.9% |
| Q2 2025 | $7.1M | -5.4% |
| Q1 2025 | $7M | +2.9% |
| Q4 2024 | $6.6M | +17% |
| Q3 2024 | $6.9M | +2% |
SPCB's revenue has picked up after two years of holding roughly level: $8M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | -2.5 points |
| Q1 2026 | 17% | -0.6 points |
| Q4 2025 | -12% | +2.6 points |
| Q3 2025 | 12% | +11 points |
| Q2 2025 | 17% | +12 points |
| Q1 2025 | 17% | +6.8 points |
| Q4 2024 | -14% | +30 points |
| Q3 2024 | 1.8% | -11 points |
SPCB has the edge over RDW on profitability, with a higher operating margin.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
SPCB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$666K |
| Q3 2025 | $0 | +$666K |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$666K | -$666K |
| Q3 2024 | -$666K | -$666K |
SPCB's free cash flow was $0 over the past year, against −$1M the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SPCB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +14K shares |
| 1 year | +59% | +2.1M shares |
SPCB has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $24,500 |
| Q3 2024 | $24,500 |
SPCB hasn't bought back shares in the past year.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SPCB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 5.0x | High |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | 1.0x | Healthy |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 5.0x | High |
| Q3 2024 | 5.4x | High |
SPCB's net debt is about 5.0 years of its operating earnings (EBITDA), up from 1.1 years a year ago.
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
SPCB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 17.9 | Oversold |
SPCB's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
SPCB PE vs Industrials Sector
| Metric | SPCB | Sector median | Relative |
|---|---|---|---|
| PE | 42x | 24x | 73% above |
| PE % | 93 | 58 | 35 pts above |
SPCB is trading at 42x earnings, a 73% premium to the Industrials sector's median of 24x, though its earnings don't support one.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
SPCB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.88 | 25% below |
| 20 week MA | $9.99 | 33% below |
| 50 week MA | $9.64 | 31% below |
| 100 week MA | $9.45 | 30% below |
| 200 week MA | $10.7 | 38% below |
SPCB is in a downtrend: it's below all five of its weekly moving averages, and 38% below its 200-week average.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over SPCB on returns for 2026, with the stronger performance.
SPCB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $129.0 | $212.0 | +64% |
| 2021 | $212.0 | $106.2 | -50% |
| 2022 | $106.2 | $40.0 | -62% |
| 2023 | $40.0 | $7.72 | -81% |
| 2024 | $7.72 | $3.84 | -50% |
| 2025 | $3.84 | $9.35 | +143% |
| 2026 YTD | $9.35 | $6.66 | -29% |
SPCB's yearly returns have swung widely, from +143% in 2025 to −81% in 2023. It's down 29% so far in 2026.