SPMMF (Space Communication) ROE % Adjusted to Book Value: 18.81% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPMMF Space Communication Ltd SPMMF
34 GF Score
Price $0.53
GF Value $0.14
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Space Communication ROE % Adjusted to Book Value?

Space Communication SPMMF 34 ROE % Adjusted to Book Value is 18.81% as of Mar. 2026. GuruFocus rates SPMMF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Space Communication's ROE % for the quarter that ended in Mar. 2026 was 15.61%. Space Communication's PB Ratio for the quarter that ended in Mar. 2026 was 0.83. Space Communication's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 18.81%.

Space Communication ROE % Adjusted to Book Value Related Terms

Space Communication ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Space Communication's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Space Communication ROE % Adjusted to Book Value Chart

Space Communication Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.85 -54.35 -126.41 221.65 216.80

Space Communication Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.66 26.27 38.25 802.70 18.81

SPMMF vs TMUS, VZ, T: ROE % Adjusted to Book Value Comparison

For the Telecom Services subindustry, Space Communication's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Space Communication ROE % Adjusted to Book Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Space Communication's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Space Communication's ROE % Adjusted to Book Value falls into.


SPMMF
34GF Score
Space Communication Ltd SPMMF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Communication ROE % Adjusted to Book Value Calculation

Space Communication's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=43.36% / 0.20
=216.80%

Space Communication's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.61% / 0.83
=18.81%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of 18.81% mean?
Space Communication (SPMMF) has a ROE % Adjusted to Book Value of 18.81% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Space Communication and its competitors.
Is Space Communication's ROE % Adjusted to Book Value too high?
Space Communication's current ROE % Adjusted to Book Value is 18.81%. Overall, Space Communication has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Communication's ROE % Adjusted to Book Value compare to TMUS and VZ?
Space Communication's ROE % Adjusted to Book Value of 18.81% can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Telecommunication Services company?
A good ROE % Adjusted to Book Value depends on the Telecommunication Services industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Space Communication and its competitors. Space Communication's current ROE % Adjusted to Book Value is 18.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Communication stock overvalued right now?
Based on GuruFocus' analysis, Space Communication (SPMMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.53 — trading 275.4% above its estimated fair value. The current ROE % Adjusted to Book Value is 18.81%. Space Communication's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Space Communication (SPMMF), the current ROE % Adjusted to Book Value is 18.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Space Communication (SPMMF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Communication stock appears to be overvalued. The current stock price of $0.53 is trading 275.4% above its estimated GF Value™ of $0.14. GuruFocus considers Space Communication to be Significantly Overvalued.

Key valuation signals for SPMMF:

  • ROE % Adjusted to Book Value: 18.81%
  • GF Value™: $0.14 vs. price of $0.53 (275.4% above fair value)
  • GF Score™: 34/100 with 5 warning signs

No single metric tells the full story. See the SPMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Space Communication Business Description

Other Exchanges SCC:Israel
Address 7 Menachem Begin Road, Ramat Gan, Ramat Gan, ISR, 52521
Space Communication Ltd is a satellite operator and satellite service provider. It provides broadcasting and communications services to Direct-to-home (DTH) operators, TV broadcasters and programmers, government and corporate organizations, and VSAT network operators.
34GF Score

Get the complete analysis for SPMMF

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.53
Price
$0.14
GF Value