SYLOGIST LTD (SYZ.CA) Stock Fundamental Analysis
TSX:SYZ - Toronto Stock Exchange - CA87132P1027 - Common Stock - Currency: CAD
We assign a fundamental rating of 4 out of 10 to SYZ. SYZ was compared to 61 industry peers in the Software industry. SYZ has only an average score on both its financial health and profitability. SYZ has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SYZ has reported negative net income.
In the past year SYZ had a positive cash flow from operations.
Of the past 5 years SYZ 4 years were profitable.
SYZ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SYZ has a Return On Assets (-1.24%) which is in line with its industry peers.
SYZ has a Return On Equity (-3.16%) which is in line with its industry peers.
With a decent Return On Invested Capital value of 2.69%, SYZ is doing good in the industry, outperforming 63.93% of the companies in the same industry.
SYZ had an Average Return On Invested Capital over the past 3 years of 4.06%. This is significantly below the industry average of 12.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.24% | ||
| ROE | -3.16% | ||
| ROIC | 2.69% |
ROA(3y)0.98%
ROA(5y)2.02%
ROE(3y)2.45%
ROE(5y)4.08%
ROIC(3y)4.06%
ROIC(5y)4.59%
1.3 Margins
SYZ's Operating Margin of 3.58% is fine compared to the rest of the industry. SYZ outperforms 63.93% of its industry peers.
In the last couple of years the Operating Margin of SYZ has declined.
With a decent Gross Margin value of 59.38%, SYZ is doing good in the industry, outperforming 60.66% of the companies in the same industry.
SYZ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.58% | ||
| PM (TTM) | N/A | ||
| GM | 59.38% |
OM growth 3Y-37.04%
OM growth 5Y-32.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.68%
GM growth 5Y-4.95%
2. Health
2.1 Basic Checks
SYZ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SYZ has about the same amount of shares outstanding.
The number of shares outstanding for SYZ has been reduced compared to 5 years ago.
Compared to 1 year ago, SYZ has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.11 indicates that SYZ is not a great score, but indicates only limited risk for bankruptcy at the moment.
SYZ has a Altman-Z score of 2.11. This is comparable to the rest of the industry: SYZ outperforms 59.02% of its industry peers.
SYZ has a debt to FCF ratio of 1.84. This is a very positive value and a sign of high solvency as it would only need 1.84 years to pay back of all of its debts.
The Debt to FCF ratio of SYZ (1.84) is better than 70.49% of its industry peers.
A Debt/Equity ratio of 0.53 indicates that SYZ is somewhat dependend on debt financing.
SYZ has a Debt to Equity ratio of 0.53. This is comparable to the rest of the industry: SYZ outperforms 42.62% of its industry peers.
Although SYZ does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.84 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.35
WACC7.6%
2.3 Liquidity
SYZ has a Current Ratio of 0.80. This is a bad value and indicates that SYZ is not financially healthy enough and could expect problems in meeting its short term obligations.
SYZ has a worse Current ratio (0.80) than 67.21% of its industry peers.
A Quick Ratio of 0.80 indicates that SYZ may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.80, SYZ is doing worse than 67.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
SYZ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -460.00%.
SYZ shows a decrease in Revenue. In the last year, the revenue decreased by -0.43%.
Measured over the past years, SYZ shows a quite strong growth in Revenue. The Revenue has been growing by 11.77% on average per year.
EPS 1Y (TTM)-460%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-81.82%
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y19.25%
Revenue growth 5Y11.77%
Sales Q2Q%0.1%
3.2 Future
Based on estimates for the next years, SYZ will show a very strong growth in Earnings Per Share. The EPS will grow by 129.58% on average per year.
SYZ is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.68% yearly.
EPS Next Y450.69%
EPS Next 2Y196.47%
EPS Next 3Y129.58%
EPS Next 5YN/A
Revenue Next Year1.8%
Revenue Next 2Y5.27%
Revenue Next 3Y3.81%
Revenue Next 5Y13.68%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SYZ reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 36.25, the valuation of SYZ can be described as expensive.
SYZ's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SYZ is cheaper than 70.49% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SYZ to the average of the S&P500 Index (22.41), we can say SYZ is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SYZ is valued a bit cheaper than the industry average as 62.30% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SYZ is valued a bit cheaper than the industry average as 75.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.95 | ||
| EV/EBITDA | 16.79 |
4.3 Compensation for Growth
SYZ's 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 SYZ's earnings are expected to grow with 129.58% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y196.47%
EPS Next 3Y129.58%
5. Dividend
5.1 Amount
With a yearly dividend of 0.44%, SYZ is not a good candidate for dividend investing.
SYZ's Dividend Yield is rather good when compared to the industry average which is at 1.72. SYZ pays more dividend than 91.80% of the companies in the same industry.
With a Dividend Yield of 0.44, SYZ pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
5.2 History
The dividend of SYZ decreases each year by -35.70%.
SYZ has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SYZ decreased recently.
Dividend Growth(5Y)-35.7%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of SYZ are negative and hence is the payout ratio. SYZ will probably not be able to sustain this dividend level.
DP-81.3%
EPS Next 2Y196.47%
EPS Next 3Y129.58%
TSX:SYZ (6/16/2025, 7:00:00 PM)
8.86
-0.06 (-0.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners35.31%
Inst Owner ChangeN/A
Ins Owners3.4%
Ins Owner ChangeN/A
Market Cap207.24M
Analysts82
Price Target13.22 (49.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
Yearly Dividend0.04
Dividend Growth(5Y)-35.7%
DP-81.3%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-100.04%
Min EPS beat(2)-397.1%
Max EPS beat(2)197.03%
EPS beat(4)1
Avg EPS beat(4)-142.51%
Min EPS beat(4)-397.1%
Max EPS beat(4)197.03%
EPS beat(8)1
Avg EPS beat(8)-116.05%
EPS beat(12)3
Avg EPS beat(12)-80.26%
EPS beat(16)4
Avg EPS beat(16)-62.6%
Revenue beat(2)0
Avg Revenue beat(2)-3.62%
Min Revenue beat(2)-6.13%
Max Revenue beat(2)-1.11%
Revenue beat(4)0
Avg Revenue beat(4)-3.62%
Min Revenue beat(4)-6.13%
Max Revenue beat(4)-1.11%
Revenue beat(8)2
Avg Revenue beat(8)-2.05%
Revenue beat(12)5
Avg Revenue beat(12)-0.18%
Revenue beat(16)7
Avg Revenue beat(16)-0.67%
PT rev (1m)-1.58%
PT rev (3m)-4.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-22.23%
EPS NY rev (1m)0%
EPS NY rev (3m)17.92%
Revenue NQ rev (1m)-2.84%
Revenue NQ rev (3m)-2.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.25 | ||
| P/S | 3.16 | ||
| P/FCF | 19.95 | ||
| P/OCF | 19.66 | ||
| P/B | 5.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.79 |
EPS(TTM)-0.05
EYN/A
EPS(NY)0.24
Fwd EY2.76%
FCF(TTM)0.44
FCFY5.01%
OCF(TTM)0.45
OCFY5.09%
SpS2.81
BVpS1.55
TBVpS-1.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.24% | ||
| ROE | -3.16% | ||
| ROCE | 3.78% | ||
| ROIC | 2.69% | ||
| ROICexc | 3.23% | ||
| ROICexgc | N/A | ||
| OM | 3.58% | ||
| PM (TTM) | N/A | ||
| GM | 59.38% | ||
| FCFM | 15.83% |
ROA(3y)0.98%
ROA(5y)2.02%
ROE(3y)2.45%
ROE(5y)4.08%
ROIC(3y)4.06%
ROIC(5y)4.59%
ROICexc(3y)4.46%
ROICexc(5y)8.39%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.2%
ROCE(5y)7.98%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-32.36%
ROICexc growth 5Y-50.3%
OM growth 3Y-37.04%
OM growth 5Y-32.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.68%
GM growth 5Y-4.95%
F-Score5
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.84 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 1.41% | ||
| Cap/Sales | 0.23% | ||
| Interest Coverage | 1.71 | ||
| Cash Conversion | 81.41% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 2.11 |
F-Score5
WACC7.6%
ROIC/WACC0.35
Cap/Depr(3y)10.42%
Cap/Depr(5y)13.15%
Cap/Sales(3y)2.07%
Cap/Sales(5y)2.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-460%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-81.82%
EPS Next Y450.69%
EPS Next 2Y196.47%
EPS Next 3Y129.58%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y19.25%
Revenue growth 5Y11.77%
Sales Q2Q%0.1%
Revenue Next Year1.8%
Revenue Next 2Y5.27%
Revenue Next 3Y3.81%
Revenue Next 5Y13.68%
EBIT growth 1Y-34.11%
EBIT growth 3Y-24.92%
EBIT growth 5Y-24.29%
EBIT Next Year371.91%
EBIT Next 3Y95.7%
EBIT Next 5Y65.69%
FCF growth 1Y-6.31%
FCF growth 3Y-12.6%
FCF growth 5Y-6.01%
OCF growth 1Y-26.4%
OCF growth 3Y-13.37%
OCF growth 5Y-6.36%