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. Both the profitability and the financial health of SYNA get a neutral evaluation. Nothing too spectacular is happening here. SYNA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SYNA had positive earnings in the past year.
In the past year SYNA had a positive cash flow from operations.
SYNA had positive earnings in each of the past 5 years.
Each year in the past 5 years SYNA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SYNA (6.47%) is better than 72.73% of its industry peers.
SYNA has a better Return On Equity (11.91%) than 74.55% of its industry peers.
| 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
Looking at the Profit Margin, with a value of 15.90%, SYNA is in the better half of the industry, outperforming 74.55% of the companies in the same industry.
In the last couple of years the Profit Margin of SYNA has grown nicely.
SYNA has a Gross Margin (45.46%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SYNA has grown nicely.
| 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.
The number of shares outstanding for SYNA has been increased compared to 1 year ago.
The number of shares outstanding for SYNA has been increased compared to 5 years ago.
SYNA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.37 indicates that SYNA is not a great score, but indicates only limited risk for bankruptcy at the moment.
SYNA's Altman-Z score of 2.37 is on the low side compared to the rest of the industry. SYNA is outperformed by 61.82% of its industry peers.
SYNA has a debt to FCF ratio of 7.65. This is a slightly negative value and a sign of low solvency as SYNA would need 7.65 years to pay back of all of its debts.
SYNA's Debt to FCF ratio of 7.65 is in line compared to the rest of the industry. SYNA outperforms 50.00% of its industry peers.
SYNA has a Debt/Equity ratio of 0.60. This is a neutral value indicating SYNA is somewhat dependend on debt financing.
The Debt to Equity ratio of SYNA (0.60) is worse than 76.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 7.65 | ||
| Altman-Z | 2.37 |
ROIC/WACCN/A
WACC11.05%
2.3 Liquidity
SYNA has a Current Ratio of 2.88. This indicates that SYNA is financially healthy and has no problem in meeting its short term obligations.
SYNA has a Current ratio (2.88) which is in line with 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 in line with its industry peers.
| 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
SYNA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.80% yearly.
SYNA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.74% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 18.24 indicates a rather expensive valuation of SYNA.
SYNA's Price/Earnings ratio is a bit cheaper when compared to the industry. SYNA is cheaper than 79.09% of the companies in the same industry.
SYNA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.20.
A Price/Forward Earnings ratio of 13.39 indicates a correct valuation of SYNA.
Based on the Price/Forward Earnings ratio, SYNA is valued cheaply inside the industry as 83.64% of the companies are valued more expensively.
SYNA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.24 | ||
| Fwd PE | 13.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SYNA is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SYNA indicates a rather cheap valuation: SYNA is cheaper than 81.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.07 | ||
| EV/EBITDA | 33.98 |
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)0.28
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 |
59.63
+0.97 (+1.65%)
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 Cap2.30B
Analysts76.25
Price Target95.2 (59.65%)
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 | 18.24 | ||
| Fwd PE | 13.39 | ||
| P/S | 2.21 | ||
| P/FCF | 21.07 | ||
| P/OCF | 15.35 | ||
| P/B | 1.66 | ||
| P/tB | 10.53 | ||
| EV/EBITDA | 33.98 |
EPS(TTM)3.27
EY5.48%
EPS(NY)4.45
Fwd EY7.47%
FCF(TTM)2.83
FCFY4.75%
OCF(TTM)3.89
OCFY6.52%
SpS26.95
BVpS35.98
TBVpS5.67
PEG (NY)0.28
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 | 2.37 |
F-Score6
WACC11.05%
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%