company background image
SOP

SynertecASX:SOP Stock Report

Market Cap

AU$26.8m

7D

-6.3%

1Y

74.4%

Updated

22 Oct, 2021

Data

Company Financials
SOP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SOP Overview

Synertec Corporation Limited provides engineering-based technology and services in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Synertec
Historical stock prices
Current Share PriceAU$0.075
52 Week HighAU$0.035
52 Week LowAU$0.14
Beta1.48
1 Month Change-16.67%
3 Month Change-31.82%
1 Year Change74.42%
3 Year Change70.46%
5 Year Changen/a
Change since IPO87.50%

Recent News & Updates

Sep 15
We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely

We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Feb 08
Does Synertec's (ASX:SOP) CEO Salary Compare Well With Industry Peers?

Does Synertec's (ASX:SOP) CEO Salary Compare Well With Industry Peers?

This article will reflect on the compensation paid to Michael Carroll who has served as CEO of Synertec Corporation...

Shareholder Returns

SOPAU Professional ServicesAU Market
7D-6.3%0.2%0.7%
1Y74.4%34.8%21.4%

Return vs Industry: SOP exceeded the Australian Professional Services industry which returned 34.8% over the past year.

Return vs Market: SOP exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is SOP's price volatile compared to industry and market?
SOP volatility
SOP Beta1.48
Industry Beta0.92
Market Beta1

Stable Share Price: SOP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SOP's weekly volatility has decreased from 18% to 8% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aMichael Carrollhttps://www.synertec.com.au

Synertec Corporation Limited provides engineering-based technology and services in Australia. The company offers services in the areas of automation and control systems engineering, electrical and instrumentation engineering, functional safety, metering and sampling solutions, process and mechanical engineering, project and construction management, systems engineering, and validation and compliance engineering. It serves oil and gas, critical infrastructure, and highly regulated industries.

Synertec Fundamentals Summary

How do Synertec's earnings and revenue compare to its market cap?
SOP fundamental statistics
Market CapAU$26.80m
Earnings (TTM)-AU$3.35m
Revenue (TTM)AU$8.39m

3.2x

P/S Ratio

-8.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOP income statement (TTM)
RevenueAU$8.39m
Cost of RevenueAU$8.72m
Gross Profit-AU$329.56k
ExpensesAU$3.02m
Earnings-AU$3.35m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0094
Gross Margin-3.93%
Net Profit Margin-39.96%
Debt/Equity Ratio0%

How did SOP perform over the long term?

See historical performance and comparison

Valuation

Is Synertec undervalued compared to its fair value and its price relative to the market?

12.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SOP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SOP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SOP is unprofitable, so we can't compare its PE Ratio to the Australian Professional Services industry average.

PE vs Market: SOP is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SOP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SOP is overvalued based on its PB Ratio (12.8x) compared to the AU Professional Services industry average (3.6x).


Future Growth

How is Synertec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.4%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Synertec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Synertec performed over the past 5 years?

-33.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOP is currently unprofitable.

Growing Profit Margin: SOP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SOP is unprofitable, and losses have increased over the past 5 years at a rate of 33.8% per year.

Accelerating Growth: Unable to compare SOP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SOP is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (9.3%).


Return on Equity

High ROE: SOP has a negative Return on Equity (-159.84%), as it is currently unprofitable.


Financial Health

How is Synertec's financial position?


Financial Position Analysis

Short Term Liabilities: SOP's short term assets (A$6.3M) exceed its short term liabilities (A$4.0M).

Long Term Liabilities: SOP's short term assets (A$6.3M) exceed its long term liabilities (A$2.1M).


Debt to Equity History and Analysis

Debt Level: SOP is debt free.

Reducing Debt: SOP currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SOP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SOP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 39.2% each year


Dividend

What is Synertec current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SOP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SOP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SOP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SOP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SOP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Michael Carroll

4.17yrs

Tenure

AU$319,930

Compensation

Mr. Michael Carroll serves as Founding Principal at Synertec Corporation Limited and its Managing Director, Chief Executive Officer and Executive Director since August 8, 2017. He has successfully grown th...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD239.59K) is about average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SOP's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: SOP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.4%.


Top Shareholders

Company Information

Synertec Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Synertec Corporation Limited
  • Ticker: SOP
  • Exchange: ASX
  • Founded: NaN
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: AU$26.802m
  • Shares outstanding: 357.36m
  • Website: https://www.synertec.com.au

Location

  • Synertec Corporation Limited
  • 2-6 Railway Parade
  • Ground Floor
  • Camberwell
  • Victoria
  • 3124
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:50
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.