company background image
SYM

Symbio Holdings ASX:SYM Stock Report

Last Price

AU$4.41

Market Cap

AU$374.1m

7D

4.0%

1Y

-22.9%

Updated

12 Aug, 2022

Data

Company Financials +
SYM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

SYM Stock Overview

Symbio Holdings Limited operates as a software company worldwide.

Rewards

Earnings are forecast to grow 13.6% per year

Earnings grew by 32.2% over the past year

Risk Analysis

No risks detected for SYM from our risk checks.

Symbio Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Symbio Holdings
Historical stock prices
Current Share PriceAU$4.41
52 Week HighAU$7.58
52 Week LowAU$3.46
Beta0.64
1 Month Change13.08%
3 Month Change-1.56%
1 Year Change-22.90%
3 Year Change16.05%
5 Year Change-18.33%
Change since IPO1,700.00%

Recent News & Updates

Aug 03
Here's Why Symbio Holdings (ASX:SYM) Has Caught The Eye Of Investors

Here's Why Symbio Holdings (ASX:SYM) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Shareholder Returns

SYMAU SoftwareAU Market
7D4.0%0.9%1.1%
1Y-22.9%-12.5%-8.1%

Return vs Industry: SYM underperformed the Australian Software industry which returned -12.5% over the past year.

Return vs Market: SYM underperformed the Australian Market which returned -8.1% over the past year.

Price Volatility

Is SYM's price volatile compared to industry and market?
SYM volatility
SYM Average Weekly Movement5.5%
Software Industry Average Movement11.8%
Market Average Movement10.6%
10% most volatile stocks in AU Market18.0%
10% least volatile stocks in AU Market4.6%

Stable Share Price: SYM is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SYM's weekly volatility (6%) has been stable over the past year.

About the Company

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

Symbio Holdings Limited operates as a software company worldwide. The company’s technology replaces telecom networks with software to deliver cloud-based communication services, as well as to unlock various applications for calling, messaging, and phone numbers. It offers solutions for UCaaS, CPaaS, and RSPs The company was formerly known as MNF Group Limited and changed its name to Symbio Holdings Limited in November 2021.

Symbio Holdings Fundamentals Summary

How do Symbio Holdings's earnings and revenue compare to its market cap?
SYM fundamental statistics
Market CapAU$374.14m
Earnings (TTM)AU$11.86m
Revenue (TTM)AU$200.45m

31.6x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SYM income statement (TTM)
RevenueAU$200.45m
Cost of RevenueAU$104.19m
Gross ProfitAU$96.26m
Other ExpensesAU$84.41m
EarningsAU$11.86m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 28, 2022

Earnings per share (EPS)0.14
Gross Margin48.02%
Net Profit Margin5.91%
Debt/Equity Ratio0%

How did SYM perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

54%

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/Revenue1.7x
Enterprise Value/EBITDA12.9x
PEG Ratio2.3x

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 Average34.4x
RDY ReadyTech Holdings
52x27.1%AU$345.0m
BVS Bravura Solutions
10.2x6.1%AU$414.8m
NXL Nuix
18.8xn/aAU$241.2m
IFM Infomedia
56.5x32.7%AU$573.0m
SYM Symbio Holdings
31.6x13.6%AU$374.1m

Price-To-Earnings vs Peers: SYM is good value based on its Price-To-Earnings Ratio (31.6x) compared to the peer average (34.4x).


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 (31.6x) compared to the Australian Software industry average (27x)


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 Ratio31.6x
Fair PE Ratio33.3x

Price-To-Earnings vs Fair Ratio: SYM is good value based on its Price-To-Earnings Ratio (31.6x) compared to the estimated Fair Price-To-Earnings Ratio (33.3x).


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$4.41) is trading above our estimate of fair value (A$2.15)

Significantly Below Fair Value: SYM is trading above our estimate of fair value.


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.


Discover undervalued companies

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

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SYM's forecast earnings growth (13.6% per year) is above the savings rate (1.8%).

Earnings vs Market: SYM's earnings (13.6% per year) are forecast to grow faster than the Australian market (6.2% per year).

High Growth Earnings: SYM's earnings are forecast to grow, but not significantly.

Revenue vs Market: SYM's revenue (7.6% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: SYM's revenue (7.6% 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 (10.4%).


Discover growth companies

Past Performance

How has Symbio Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SYM has high quality earnings.

Growing Profit Margin: SYM's current net profit margins (5.9%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: SYM's earnings have declined by 2.1% per year over the past 5 years.

Accelerating Growth: SYM's earnings growth over the past year (32.2%) exceeds its 5-year average (-2.1% per year).

Earnings vs Industry: SYM earnings growth over the past year (32.2%) exceeded the Software industry 24.9%.


Return on Equity

High ROE: SYM's Return on Equity (7.4%) is considered low.


Discover strong past performing companies

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$92.4M) exceed its short term liabilities (A$39.6M).

Long Term Liabilities: SYM's short term assets (A$92.4M) exceed its long term liabilities (A$17.3M).


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 30.8%.

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


Discover healthy companies

Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.72%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SYM's dividend (1.72%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.63%).

High Dividend: SYM's dividend (1.72%) is low compared to the top 25% of dividend payers in the Australian market (6.21%).


Stability and Growth of Payments

Stable Dividend: SYM's dividend payments have been volatile in the past 10 years.

Growing Dividend: SYM's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.3%), SYM's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), SYM's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.0yrs

Average management tenure


CEO

Rene Sugo

10.42yrs

Tenure

AU$956,772

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

Compensation vs Market: Rene's total compensation ($USD680.88K) is about average for companies of similar size in the Australian market ($USD564.53K).

Compensation vs Earnings: Rene's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SYM's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: SYM's board of directors are considered experienced (3 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

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$374.142m
  • Shares outstanding: 84.84m
  • Website: https://www.symbio.global

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
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.