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SYM

Symbio Holdings ASX:SYM Stock Report

Last Price

AU$3.31

Market Cap

AU$273.9m

7D

2.2%

1Y

-48.2%

Updated

05 Oct, 2022

Data

Company Financials +
SYM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends0/6

SYM Stock Overview

Symbio Holdings Limited provides communication services to software companies, telecom providers, and enterprise customers in Australia and Internationally.

Symbio Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Symbio Holdings
Historical stock prices
Current Share PriceAU$3.31
52 Week HighAU$7.58
52 Week LowAU$3.07
Beta0.64
1 Month Change-6.76%
3 Month Change-14.03%
1 Year Change-48.20%
3 Year Change-33.67%
5 Year Change-40.25%
Change since IPO1,251.02%

Recent News & Updates

Shareholder Returns

SYMAU SoftwareAU Market
7D2.2%0.9%3.6%
1Y-48.2%-22.7%-8.0%

Return vs Industry: SYM underperformed the Australian Software industry which returned -22.7% over the past year.

Return vs Market: SYM underperformed the Australian Market which returned -8% over the past year.

Price Volatility

Is SYM's price volatile compared to industry and market?
SYM volatility
SYM Average Weekly Movement6.5%
Software Industry Average Movement10.1%
Market Average Movement9.4%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.2%

Stable Share Price: SYM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SYM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002400Rene Sugohttps://www.symbio.global

Symbio Holdings Limited provides communication services to software companies, telecom providers, and enterprise customers in Australia and Internationally. The company operates through three divisions: Communications Platform as a Service, Unified Communications as a Service, and Telecom as a Service. It offers IP enabling communication services; automated systems for number porting and service configuration; and cloud communication services.

Symbio Holdings Fundamentals Summary

How do Symbio Holdings's earnings and revenue compare to its market cap?
SYM fundamental statistics
Market CapAU$273.90m
Earnings (TTM)AU$5.77m
Revenue (TTM)AU$203.28m

48.5x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SYM income statement (TTM)
RevenueAU$203.28m
Cost of RevenueAU$155.89m
Gross ProfitAU$47.39m
Other ExpensesAU$41.62m
EarningsAU$5.77m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.068
Gross Margin23.31%
Net Profit Margin2.84%
Debt/Equity Ratio0%

How did SYM perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

73%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SYM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SYM?

Other financial metrics that can be useful for relative valuation.

SYM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA8.1x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

How does SYM's PE Ratio compare to its peers?

SYM PE Ratio vs Peers
The above table shows the PE ratio for SYM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average43.8x
BVS Bravura Solutions
10.5x7.3%AU$308.0m
PPS Praemium
97.9x31.1%AU$344.1m
RKN Reckon
12.6x-16.0%AU$128.0m
IFM Infomedia
54.3x34.5%AU$431.9m
SYM Symbio Holdings
48.5x30.7%AU$273.9m

Price-To-Earnings vs Peers: SYM is expensive based on its Price-To-Earnings Ratio (48.5x) compared to the peer average (43.8x).


Price to Earnings Ratio vs Industry

How does SYM's PE Ratio compare vs other companies in the AU Software Industry?

Price-To-Earnings vs Industry: SYM is expensive based on its Price-To-Earnings Ratio (48.5x) compared to the Australian Software industry average (46.9x)


Price to Earnings Ratio vs Fair Ratio

What is SYM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SYM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.5x
Fair PE Ratio39.1x

Price-To-Earnings vs Fair Ratio: SYM is expensive based on its Price-To-Earnings Ratio (48.5x) compared to the estimated Fair Price-To-Earnings Ratio (39.1x).


Share Price vs Fair Value

What is the Fair Price of SYM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SYM (A$3.31) is trading below our estimate of fair value (A$5.58)

Significantly Below Fair Value: SYM is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Symbio Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SYM's forecast earnings growth (30.7% per year) is above the savings rate (1.8%).

Earnings vs Market: SYM's earnings (30.7% per year) are forecast to grow faster than the Australian market (6.5% per year).

High Growth Earnings: SYM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SYM's revenue (11% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: SYM's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SYM's Return on Equity is forecast to be low in 3 years time (11.8%).


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Past Performance

How has Symbio Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SYM has high quality earnings.

Growing Profit Margin: SYM's current net profit margins (2.8%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: SYM's earnings have declined by 5.9% per year over the past 5 years.

Accelerating Growth: SYM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SYM had negative earnings growth (-52.3%) over the past year, making it difficult to compare to the Software industry average (-10.7%).


Return on Equity

High ROE: SYM's Return on Equity (3.6%) is considered low.


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Financial Health

How is Symbio Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SYM's short term assets (A$88.3M) exceed its short term liabilities (A$38.9M).

Long Term Liabilities: SYM's short term assets (A$88.3M) exceed its long term liabilities (A$16.1M).


Debt to Equity History and Analysis

Debt Level: SYM is debt free.

Reducing Debt: SYM has no debt compared to 5 years ago when its debt to equity ratio was 16.5%.

Debt Coverage: SYM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SYM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Symbio Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.51%

Current Dividend Yield

Dividend Yield vs Market

Symbio Holdings Dividend Yield vs Market
How does Symbio Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Symbio Holdings)1.5%
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)7.0%
Industry Average (Software)1.0%
Analyst forecast in 3 Years (Symbio Holdings)2.7%

Notable Dividend: SYM's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.79%).

High Dividend: SYM's dividend (1.51%) is low compared to the top 25% of dividend payers in the Australian market (6.98%).


Stability and Growth of Payments

Stable Dividend: SYM is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: SYM is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: SYM is not paying a notable dividend for the Australian market.


Cash Payout to Shareholders

Cash Flow Coverage: SYM is not paying a notable dividend for the Australian market.


Discover strong dividend paying companies

Management

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

2.1yrs

Average management tenure


CEO

Rene Sugo

16.58yrs

Tenure

AU$1,157,642

Compensation

Mr. Rene Sugo, B.Eng. (Hon), Co-founded Symbio Holdings Limited (formerly known as MNF Group Limited) and has been its Chief Executive Officer since March 1, 2012. Mr. Sugo served as Technical Director of...


CEO Compensation Analysis

Rene Sugo's Compensation vs Symbio Holdings Earnings
How has Rene Sugo's remuneration changed compared to Symbio Holdings's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022AU$1mAU$715k

AU$6m

Mar 31 2022n/an/a

AU$9m

Dec 31 2021n/an/a

AU$12m

Sep 30 2021n/an/a

AU$12m

Jun 30 2021AU$989kAU$575k

AU$12m

Dec 31 2020n/an/a

AU$9m

Sep 30 2020n/an/a

AU$9m

Jun 30 2020AU$651kAU$517k

AU$8m

Mar 31 2020n/an/a

AU$11m

Dec 31 2019n/an/a

AU$11m

Sep 30 2019n/an/a

AU$10m

Jun 30 2019AU$549kAU$517k

AU$10m

Mar 31 2019n/an/a

AU$9m

Dec 31 2018n/an/a

AU$9m

Sep 30 2018n/an/a

AU$10m

Jun 30 2018AU$684kAU$517k

AU$12m

Mar 31 2018n/an/a

AU$13m

Dec 31 2017n/an/a

AU$13m

Sep 30 2017n/an/a

AU$13m

Jun 30 2017AU$575kAU$465k

AU$12m

Mar 31 2017n/an/a

AU$11m

Dec 31 2016n/an/a

AU$10m

Sep 30 2016n/an/a

AU$9m

Jun 30 2016AU$500kAU$411k

AU$9m

Compensation vs Market: Rene's total compensation ($USD752.20K) is about average for companies of similar size in the Australian market ($USD620.94K).

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


Leadership Team

Experienced Management: SYM's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: SYM's board of directors are considered experienced (3.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SYM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

ASX:SYM Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
07 Sep 22BuyAU$17,500Leanne HeywoodIndividual5,000AU$3.50
11 Apr 22BuyAU$5,173,680Australian Ethical Investment Ltd.Company900,919AU$5.74
25 Feb 22SellAU$1,890,000Rene SugoIndividual350,000AU$5.40

Ownership Breakdown

What is the ownership structure of SYM?
Owner TypeNumber of SharesOwnership Percentage
Private Companies1,842,1792.2%
Institutions18,238,23821.6%
Individual Insiders24,200,41928.6%
General Public40,256,54047.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 24 shareholders own 52.38% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
13.56%
Andy Fung
11,462,428A$37.9m0%no data
7.99%
Rene Sugo
6,755,863A$22.4m0%no data
7.15%
Australian Ethical Investment Ltd.
6,044,659A$20.0m17.51%2.64%
6.24%
QVG Capital Pty Ltd
5,277,604A$17.5m0%18.58%
5.38%
Naos Asset Management Limited
4,544,035A$15.0m0%4.55%
4.39%
Catherine Salisbury
3,712,582A$12.3m-11.87%no data
1.34%
Michael Boorne
1,129,875A$3.7m0%no data
1.28%
Seven Canyons Advisors, LLC
1,082,056A$3.6m-27.13%2.01%
1.01%
Terry Cuthbertson
855,906A$2.8m0%no data
0.76%
G & E Properties Pty Ltd
639,697A$2.1m7.11%no data
0.71%
Cms Fund Pty Ltd
602,482A$2.0m0%no data
0.71%
L&C Pty Ltd
600,000A$2.0m0%no data
0.66%
Dimensional Fund Advisors LP
555,174A$1.8m-0.01%no data
0.65%
Bendigo and Adelaide Bank Limited, Asset Management Arm
553,648A$1.8m0%0.79%
0.3%
David Paul Stewart
251,625A$832.9k0%no data
0.084%
Seven Canyons Global Asset Management, LLC
71,375A$236.3k-36.74%0.68%
0.061%
State Street Global Advisors, Inc.
51,596A$170.8k0%no data
0.041%
SEI Investments Company
34,919A$115.6k161.1%no data
0.02%
Gail Pemberton
17,140A$56.7k0%no data
0.016%
Acadian Asset Management LLC
13,642A$45.2k0%no data
0.012%
Anne Ward
10,000A$33.1k0%no data
0.0067%
Bessemer Investment Management LLC
5,679A$18.8k0%no data
0.0059%
Leanne Heywood
5,000A$16.6k0%no data
0.0046%
American Century Investment Management Inc
3,851A$12.7k0%no data

Company Information

Symbio Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Symbio Holdings Limited
  • Ticker: SYM
  • Exchange: ASX
  • Founded: 2002
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: AU$273.901m
  • Shares outstanding: 84.54m
  • Website: https://www.symbio.global

Number of Employees


Location

  • Symbio Holdings Limited
  • 580 George Street
  • Level 4
  • Sydney
  • New South Wales
  • 2000
  • Australia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SYMASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 2006
SYMCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 2006

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/05 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.