BST:YSY

Stock Analysis Report

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Executive Summary

Synergie SE provides human resources management and development services for companies and institutions in Europe, Canada, Australia, and China. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Synergie's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YSY is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: YSY's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.0%

YSY

-1.7%

DE Professional Services

0.7%

DE Market


1 Year Return

10.9%

YSY

-0.2%

DE Professional Services

0.6%

DE Market

Return vs Industry: YSY exceeded the German Professional Services industry which returned -0.2% over the past year.

Return vs Market: YSY exceeded the German Market which returned 0.6% over the past year.


Shareholder returns

YSYIndustryMarket
7 Day-2.0%-1.7%0.7%
30 Day17.7%4.0%7.8%
90 Day41.0%3.2%1.7%
1 Year10.9%10.9%1.8%-0.2%3.9%0.6%
3 Yearn/a23.9%14.7%4.0%-5.0%
5 Yearn/a64.9%44.2%21.4%4.2%

Long-Term Price Volatility Vs. Market

How volatile is Synergie's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

3.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YSY (€28.9) is trading below our estimate of fair value (€29.92)

Significantly Below Fair Value: YSY is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: YSY is good value based on its PE Ratio (16.3x) compared to the XE Professional Services industry average (29.6x).

PE vs Market: YSY is good value based on its PE Ratio (16.3x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: YSY is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: YSY is good value based on its PB Ratio (1.3x) compared to the XE Professional Services industry average (2.2x).


Next Steps

Future Growth

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

14.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YSY's forecast earnings growth (14.9% per year) is above the savings rate (0.2%).

Earnings vs Market: YSY's earnings (14.9% per year) are forecast to grow slower than the German market (27.3% per year).

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

Revenue vs Market: YSY's revenue (2.8% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: YSY's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: YSY's Return on Equity is forecast to be low in 3 years time (7%).


Next Steps

Past Performance

How has Synergie performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YSY has high quality earnings.

Growing Profit Margin: YSY's current net profit margins (1.8%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: YSY's earnings have grown by 0.9% per year over the past 5 years.

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

Earnings vs Industry: YSY had negative earnings growth (-37.9%) over the past year, making it difficult to compare to the Professional Services industry average (-20.8%).


Return on Equity

High ROE: YSY's Return on Equity (8.4%) is considered low.


Next Steps

Financial Health

How is Synergie's financial position?


Financial Position Analysis

Short Term Liabilities: YSY's short term assets (€794.1M) exceed its short term liabilities (€463.2M).

Long Term Liabilities: YSY's short term assets (€794.1M) exceed its long term liabilities (€90.2M).


Debt to Equity History and Analysis

Debt Level: YSY's debt to equity ratio (10.4%) is considered satisfactory.

Reducing Debt: YSY's debt to equity ratio has reduced from 12.5% to 10.4% over the past 5 years.

Debt Coverage: YSY's debt is well covered by operating cash flow (343.8%).

Interest Coverage: YSY's interest payments on its debt are well covered by EBIT (165.4x coverage).


Balance Sheet


Next Steps

Dividend

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

2.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: YSY's dividend (2.72%) is higher than the bottom 25% of dividend payers in the German market (1.13%).

High Dividend: YSY's dividend (2.72%) is low compared to the top 25% of dividend payers in the German market (3.64%).


Stability and Growth of Payments

Stable Dividend: YSY's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.4%), YSY's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: YSY's dividends in 3 years are forecast to be covered by earnings (61.1% payout ratio).


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Daniel Augereau

2.42yrs

Tenure

€1,132,000

Compensation

Mr. Daniel Augereau has been the Chairman of the Executive Board and Chief Executive Officer at Synergie SA since June 14, 2018 and served Managing Director and Chairman until October 2018. Mr. Augereau se...


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD1.35M) is about average for companies of similar size in the German market ($USD1.28M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Augereau
Chairman of the Executive Board & CEO2.42yrs€1.13mno data
Yvon Drouet
CEO of Finance & Investments and Member of the Executive Boardno data€278.00kno data
Sophie Sanchez
CEO of HR2.42yrs€281.00kno data
Olga Medina
Director of Cash Management & Consolidation and Member of the Executive Board2.42yrs€164.00kno data
François Pinte
Director of Secretary Generalno datano datano data
Florence Krynen
Chief Legal Officerno datano datano data
Arnaud Hugues
Director of Marketing12.83yrsno datano data

2.4yrs

Average Tenure

Experienced Management: YSY's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Julien Vaney
Chairman of the Supervisory Board2.42yrs€275.00kno data
Henri Barande
Member of Supervisory Board0.42yrno data70.17%
€ 494.8m
Christine Fornaroli
Independent Member of the Supervisory Board2.42yrs€25.00kno data
Quentin Drubbel
Vice Chairman of the Supervisory Board0.83yrno datano data
Christoph Lanz
Member of the Supervisory Boardno data€25.00kno data
Michèle Detaille
Independent Member of the Supervisory Board0.83yrno datano data
Victorien Vaney
Member of Supervisory Board0.42yrno datano data

0.8yrs

Average Tenure

Experienced Board: YSY's board of directors are not considered experienced ( 0.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Synergie SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Synergie SE
  • Ticker: YSY
  • Exchange: BST
  • Founded: 1984
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: €705.101m
  • Shares outstanding: 23.98m
  • Website: https://www.synergie.com

Number of Employees


Location

  • Synergie SE
  • 11, avenue du Colonel Bonnet
  • Paris
  • Ile-de-France
  • 75016
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SDGENXTPA (Euronext Paris)YesCommon SharesFREURJan 1992
0HDQLSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
SDGPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992
YSYBST (Boerse-Stuttgart)YesCommon SharesDEEURJan 1992

Biography

Synergie SE provides human resources management and development services for companies and institutions in Europe, Canada, Australia, and China. It offers temporary employment, recruitment, out-placement, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 22:33
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.