SYNAPTICS INC (SYNA) Stock Fundamental Analysis
NASDAQ:SYNA - Nasdaq - US87157D1090 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to SYNA. SYNA was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. SYNA has an average financial health and profitability rating. SYNA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SYNA had positive earnings in the past year.
SYNA had a positive operating cash flow in the past year.
SYNA had positive earnings in each of the past 5 years.
SYNA had a positive operating cash flow in each of the past 5 years.
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.
SYNA's Return On Equity of 11.91% is fine compared to the rest of the industry. SYNA outperforms 75.45% 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
With a decent Profit Margin value of 15.90%, SYNA is doing good in the industry, outperforming 74.55% of the companies in the same industry.
SYNA's Profit Margin has improved in the last couple of years.
SYNA's Gross Margin of 45.46% is in line compared to the rest of the industry. SYNA outperforms 50.00% of its industry peers.
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.
Compared to 1 year ago, SYNA has more shares outstanding
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 2.38 indicates that SYNA is not a great score, but indicates only limited risk for bankruptcy at the moment.
SYNA has a Altman-Z score (2.38) which is in line with 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 has a Debt to FCF ratio (7.65) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.60 indicates that SYNA is somewhat dependend on debt financing.
The Debt to Equity ratio of SYNA (0.60) is worse than 75.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 7.65 | ||
| Altman-Z | 2.38 |
ROIC/WACCN/A
WACC10.9%
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'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 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.
Measured over the past years, SYNA shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.79% on average per year.
The Revenue has grown by 10.60% in the past year. This is quite good.
Measured over the past years, SYNA shows a decrease in Revenue. The Revenue has been decreasing by -8.21% on average per year.
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
The Earnings Per Share is expected to grow by 34.80% on average over the next years. This is a very strong growth
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.12, the valuation of SYNA can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SYNA indicates a somewhat cheap valuation: SYNA is cheaper than 79.09% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SYNA to the average of the S&P500 Index (26.29), we can say SYNA is valued slightly cheaper.
SYNA is valuated correctly with a Price/Forward Earnings ratio of 13.30.
Based on the Price/Forward Earnings ratio, SYNA is valued cheaply inside the industry as 83.64% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SYNA to the average of the S&P500 Index (22.17), we can say SYNA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 13.3 |
4.2 Price Multiples
SYNA's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SYNA indicates a somewhat cheap valuation: SYNA is cheaper than 79.09% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.94 | ||
| EV/EBITDA | 34.03 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SYNA's earnings are expected to grow with 34.80% in the coming years.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y40.37%
EPS Next 3Y34.8%
5. Dividend
5.1 Amount
No dividends for SYNA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
59.25
+0.49 (+0.83%)
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 Change6.54%
Market Cap2.28B
Analysts76.25
Price Target95.2 (60.68%)
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)0%
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 | 18.12 | ||
| Fwd PE | 13.3 | ||
| P/S | 2.2 | ||
| P/FCF | 20.94 | ||
| P/OCF | 15.25 | ||
| P/B | 1.65 | ||
| P/tB | 10.46 | ||
| EV/EBITDA | 34.03 |
EPS(TTM)3.27
EY5.52%
EPS(NY)4.45
Fwd EY7.52%
FCF(TTM)2.83
FCFY4.78%
OCF(TTM)3.89
OCFY6.56%
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 | 2.38 |
F-Score6
WACC10.9%
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%