SYNAPTICS INC (SYNA) Stock Fundamental Analysis
NASDAQ:SYNA - Nasdaq - US87157D1090 - Common Stock - Currency: USD
SYNA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 110 industry peers in the Semiconductors & Semiconductor Equipment industry. SYNA has only an average score on both its financial health and profitability. SYNA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SYNA was profitable.
SYNA had a positive operating cash flow in the past year.
In the past 5 years SYNA has always been profitable.
Each year in the past 5 years SYNA had a positive operating cash flow.
1.2 Ratios
SYNA has a Return On Assets of 6.47%. This is in the better half of the industry: SYNA outperforms 72.73% of its industry peers.
Looking at the Return On Equity, with a value of 11.91%, SYNA is in the better half of the industry, outperforming 74.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.47% | ||
| ROE | 11.91% | ||
| ROIC | N/A |
ROA(3y)5.42%
ROA(5y)5.37%
ROE(3y)11.61%
ROE(5y)11.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SYNA has a better Profit Margin (15.90%) than 74.55% of its industry peers.
In the last couple of years the Profit Margin of SYNA has grown nicely.
With a Gross Margin value of 45.46%, SYNA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
SYNA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.9% | ||
| GM | 45.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y30.12%
PM growth 5YN/A
GM growth 3Y0.16%
GM growth 5Y6.31%
2. Health
2.1 Basic Checks
SYNA does not have a ROIC to compare to the WACC, probably because it is not profitable.
SYNA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SYNA has more shares outstanding
SYNA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.40 indicates that SYNA is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of SYNA (2.40) is worse than 60.91% of its industry peers.
The Debt to FCF ratio of SYNA is 7.65, which is on the high side as it means it would take SYNA, 7.65 years of fcf income to pay off all of its debts.
SYNA has a Debt to FCF ratio (7.65) which is comparable to the rest of the industry.
SYNA has a Debt/Equity ratio of 0.60. This is a neutral value indicating SYNA is somewhat dependend on debt financing.
SYNA has a worse Debt to Equity ratio (0.60) than 76.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 7.65 | ||
| Altman-Z | 2.4 |
ROIC/WACCN/A
WACC11.06%
2.3 Liquidity
A Current Ratio of 2.88 indicates that SYNA has no problem at all paying its short term obligations.
SYNA's Current ratio of 2.88 is in line compared to the rest of the industry. SYNA outperforms 49.09% of its industry peers.
SYNA has a Quick Ratio of 2.34. This indicates that SYNA is financially healthy and has no problem in meeting its short term obligations.
SYNA has a Quick ratio (2.34) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.34 |
3. Growth
3.1 Past
SYNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.98%, which is quite impressive.
The earnings per share for SYNA have been decreasing by -10.79% on average. This is quite bad
SYNA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.60%.
SYNA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.21% yearly.
EPS 1Y (TTM)54.98%
EPS 3Y-35.34%
EPS 5Y-10.79%
EPS Q2Q%69.81%
Revenue 1Y (TTM)10.6%
Revenue growth 3Y-10.53%
Revenue growth 5Y-8.21%
Sales Q2Q%12.35%
3.2 Future
Based on estimates for the next years, SYNA will show a very strong growth in Earnings Per Share. The EPS will grow by 34.80% on average per year.
Based on estimates for the next years, SYNA will show a quite strong growth in Revenue. The Revenue will grow by 10.74% on average per year.
EPS Next Y64.28%
EPS Next 2Y40.37%
EPS Next 3Y34.8%
EPS Next 5YN/A
Revenue Next Year11.85%
Revenue Next 2Y10.4%
Revenue Next 3Y10.74%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.40, which indicates a rather expensive current valuation of SYNA.
Based on the Price/Earnings ratio, SYNA is valued a bit cheaper than the industry average as 79.09% of the companies are valued more expensively.
SYNA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.51 indicates a correct valuation of SYNA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SYNA indicates a rather cheap valuation: SYNA is cheaper than 82.73% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.20. SYNA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.4 | ||
| Fwd PE | 13.51 |
4.2 Price Multiples
SYNA's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SYNA is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.26 | ||
| EV/EBITDA | 34.74 |
4.3 Compensation for Growth
SYNA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SYNA's earnings are expected to grow with 34.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y40.37%
EPS Next 3Y34.8%
5. Dividend
5.1 Amount
SYNA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
60.18
+1.32 (+2.24%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners106.57%
Inst Owner Change-3.81%
Ins Owners0.53%
Ins Owner Change6.51%
Market Cap2.32B
Analysts76.25
Price Target95.2 (58.19%)
Short Float %9.88%
Short Ratio6.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.77%
Min EPS beat(2)2.67%
Max EPS beat(2)4.88%
EPS beat(4)4
Avg EPS beat(4)7.16%
Min EPS beat(4)2.67%
Max EPS beat(4)14.54%
EPS beat(8)8
Avg EPS beat(8)12.24%
EPS beat(12)10
Avg EPS beat(12)8.13%
EPS beat(16)14
Avg EPS beat(16)7.02%
Revenue beat(2)0
Avg Revenue beat(2)-1.37%
Min Revenue beat(2)-1.38%
Max Revenue beat(2)-1.37%
Revenue beat(4)0
Avg Revenue beat(4)-1.2%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)-1.01%
Revenue beat(8)1
Avg Revenue beat(8)-0.94%
Revenue beat(12)1
Avg Revenue beat(12)-1.52%
Revenue beat(16)1
Avg Revenue beat(16)-1.4%
PT rev (1m)-1.75%
PT rev (3m)-3.45%
EPS NQ rev (1m)6.11%
EPS NQ rev (3m)4.63%
EPS NY rev (1m)2.86%
EPS NY rev (3m)2.31%
Revenue NQ rev (1m)1.72%
Revenue NQ rev (3m)1.72%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.4 | ||
| Fwd PE | 13.51 | ||
| P/S | 2.23 | ||
| P/FCF | 21.26 | ||
| P/OCF | 15.49 | ||
| P/B | 1.67 | ||
| P/tB | 10.62 | ||
| EV/EBITDA | 34.74 |
EPS(TTM)3.27
EY5.43%
EPS(NY)4.45
Fwd EY7.4%
FCF(TTM)2.83
FCFY4.7%
OCF(TTM)3.89
OCFY6.46%
SpS26.95
BVpS35.98
TBVpS5.67
PEG (NY)0.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.47% | ||
| ROE | 11.91% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15.9% | ||
| GM | 45.46% | ||
| FCFM | 10.5% |
ROA(3y)5.42%
ROA(5y)5.37%
ROE(3y)11.61%
ROE(5y)11.51%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y30.12%
PM growth 5YN/A
GM growth 3Y0.16%
GM growth 5Y6.31%
F-Score6
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 7.65 | ||
| Debt/EBITDA | 10.85 | ||
| Cap/Depr | 31.19% | ||
| Cap/Sales | 3.92% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 194.8% | ||
| Profit Quality | 66.04% | ||
| Current Ratio | 2.88 | ||
| Quick Ratio | 2.34 | ||
| Altman-Z | 2.4 |
F-Score6
WACC11.06%
ROIC/WACCN/A
Cap/Depr(3y)71.95%
Cap/Depr(5y)51.19%
Cap/Sales(3y)7.86%
Cap/Sales(5y)5.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.98%
EPS 3Y-35.34%
EPS 5Y-10.79%
EPS Q2Q%69.81%
EPS Next Y64.28%
EPS Next 2Y40.37%
EPS Next 3Y34.8%
EPS Next 5YN/A
Revenue 1Y (TTM)10.6%
Revenue growth 3Y-10.53%
Revenue growth 5Y-8.21%
Sales Q2Q%12.35%
Revenue Next Year11.85%
Revenue Next 2Y10.4%
Revenue Next 3Y10.74%
Revenue Next 5YN/A
EBIT growth 1Y44.8%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year64.9%
EBIT Next 3Y31.37%
EBIT Next 5YN/A
FCF growth 1Y-66.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-61.72%
OCF growth 3Y-24.77%
OCF growth 5Y-2.49%