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Symbility Solutions

DB:0E9
Snowflake Description

Flawless balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0E9
DB
CA$147M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Symbility Solutions Inc. develops and markets software for employee benefits and property and casualty insurance markets, and develops mobile application software in Canada, the United States, and internationally. The last earnings update was 20 days ago. More info.


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0E9 Share Price and Events
7 Day Returns
0.3%
DB:0E9
-1.4%
DE Software
0.4%
DE Market
1 Year Returns
63.3%
DB:0E9
-10.5%
DE Software
-19.5%
DE Market
0E9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Symbility Solutions (0E9) 0.3% -1.8% 20.2% 63.3% 148.1% -
DE Software -1.4% -3.8% -15.6% -10.5% 24.5% 47.9%
DE Market 0.4% -4.9% -12% -19.5% -4% 2.5%
1 Year Return vs Industry and Market
  • 0E9 outperformed the Software industry which returned -10.5% over the past year.
  • 0E9 outperformed the Market in Germany which returned -19.5% over the past year.
Price Volatility
0E9
Industry
5yr Volatility vs Market

0E9 Value

 Is Symbility Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Symbility Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Symbility Solutions.

DB:0E9 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0E9
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Software Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.955 (1 + (1- 26.5%) (0%))
0.955
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.955 * 9.46%)
9.58%

Discounted Cash Flow Calculation for DB:0E9 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Symbility Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:0E9 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (CAD, Millions) 4.81 5.49 6.27 7.16 8.17
Source Est @ 14.17% Est @ 14.17% Est @ 14.17% Est @ 14.17% Est @ 14.17%
Present Value
Discounted (@ 9.58%)
4.39 4.57 4.77 4.97 5.17
Present value of next 5 years cash flows CA$23.87
DB:0E9 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= CA$8.17 × (1 + 0.54%) ÷ (9.58% – 0.54%)
CA$90.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= CA$90.95 ÷ (1 + 9.58%)5
CA$57.57
DB:0E9 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= CA$23.87 + CA$57.57
CA$81.43
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$81.43 / 241.77
CA$0.21
DB:0E9 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0E9 represents 0.63443x of TSXV:SY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.63443x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.34 x 0.63443
€0.21
Value per share (EUR) From above. €0.21
Current discount Discount to share price of €0.39
= -1 x (€0.39 - €0.21) / €0.21
-81.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Symbility Solutions is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Symbility Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Symbility Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0E9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$0.01
TSXV:SY Share Price ** TSXV (2018-12-18) in CAD CA$0.61
Germany Software Industry PE Ratio Median Figure of 23 Publicly-Listed Software Companies 31.39x
Germany Market PE Ratio Median Figure of 418 Publicly-Listed Companies 16.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Symbility Solutions.

DB:0E9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:SY Share Price ÷ EPS (both in CAD)

= 0.61 ÷ 0.01

83.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Symbility Solutions is overvalued based on earnings compared to the DE Software industry average.
  • Symbility Solutions is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Symbility Solutions's expected growth come at a high price?
Raw Data
DB:0E9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 83.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Software Industry PEG Ratio Median Figure of 17 Publicly-Listed Software Companies 1.31x
Germany Market PEG Ratio Median Figure of 278 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Symbility Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Symbility Solutions's assets?
Raw Data
DB:0E9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.19
TSXV:SY Share Price * TSXV (2018-12-18) in CAD CA$0.61
Germany Software Industry PB Ratio Median Figure of 32 Publicly-Listed Software Companies 2.92x
Germany Market PB Ratio Median Figure of 567 Publicly-Listed Companies 1.73x
DB:0E9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SY Share Price ÷ Book Value per Share (both in CAD)

= 0.61 ÷ 0.19

3.21x

* Primary Listing of Symbility Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Symbility Solutions is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess Symbility Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Symbility Solutions has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0E9 Future Performance

 How is Symbility Solutions expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Symbility Solutions expected to grow at an attractive rate?
  • Unable to compare Symbility Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Symbility Solutions's earnings growth to the Germany market average as no estimate data is available.
  • Symbility Solutions's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0E9 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0E9 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 9%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 8.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0E9 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0E9 Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 47 1
2018-12-31 40 1
DB:0E9 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 43 3 2
2018-06-30 43 3 1
2018-03-31 43 4 1
2017-12-31 42 0 -0
2017-09-30 35 -0 -2
2017-06-30 34 0 -3
2017-03-31 34 2 -3
2016-12-31 34 2 -3
2016-09-30 33 3 -4
2016-06-30 32 -0 -4
2016-03-31 29 -3 -6
2015-12-31 27 -4 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Symbility Solutions is high growth as no earnings estimate data is available.
  • Symbility Solutions's revenue is expected to grow by 9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0E9 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Symbility Solutions Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0E9 Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31
2018-12-31
DB:0E9 Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 -0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.02
2015-12-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Symbility Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Symbility Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Symbility Solutions has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0E9 Past Performance

  How has Symbility Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Symbility Solutions's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Symbility Solutions has delivered over 20% year on year earnings growth in the past 5 years.
  • Symbility Solutions has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Symbility Solutions has become profitable in the last year making it difficult to compare the DE Software industry average.
Earnings and Revenue History
Symbility Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Symbility Solutions Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0E9 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 43.44 1.76 24.65 4.58
2018-06-30 43.33 1.46 24.49 4.57
2018-03-31 42.57 1.13 23.77 4.46
2017-12-31 41.75 -0.10 23.97 4.35
2017-09-30 34.78 -2.06 21.23 3.53
2017-06-30 33.66 -3.15 21.42 3.66
2017-03-31 34.12 -2.98 21.79 3.73
2016-12-31 34.30 -3.37 21.64 3.94
2016-09-30 33.34 -3.65 21.78 3.54
2016-06-30 32.44 -3.98 21.47 3.59
2016-03-31 29.40 -5.66 20.49 3.87
2015-12-31 26.54 -6.06 19.10 4.07
2015-09-30 25.41 -4.96 18.35 3.69
2015-06-30 24.23 -4.36 17.23 4.05
2015-03-31 25.67 -2.06 16.81 4.42
2014-12-31 27.81 -0.83 17.70 5.09
2014-09-30 26.33 -2.41 17.59 5.95
2014-06-30 25.15 -3.18 17.75 5.73
2014-03-31 24.10 -3.41 17.76 5.23
2013-12-31 21.89 -4.69 17.61 4.43
2013-09-30 21.08 -4.10 16.87 4.00
2013-06-30 20.58 -3.23 16.06 3.54
2013-03-31 19.15 -4.21 15.22 3.22
2012-12-31 16.54 -3.39 11.98 2.72
2012-09-30 14.13 -2.92 9.53 2.32
2012-06-30 11.21 -2.68 7.40 2.03
2012-03-31 8.64 -1.31 5.35 1.63
2011-12-31 7.95 -0.09 4.60 1.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Symbility Solutions has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Symbility Solutions used its assets less efficiently than the DE Software industry average last year based on Return on Assets.
  • Symbility Solutions has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Symbility Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Symbility Solutions has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0E9 Health

 How is Symbility Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Symbility Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Symbility Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Symbility Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Symbility Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Symbility Solutions has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Symbility Solutions Company Filings, last reported 2 months ago.

DB:0E9 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 45.89 0.00 23.13
2018-06-30 44.77 0.00 22.08
2018-03-31 29.73 0.00 10.94
2017-12-31 29.38 0.01 8.24
2017-09-30 27.82 0.00 6.45
2017-06-30 27.05 0.00 6.77
2017-03-31 27.67 0.00 7.94
2016-12-31 28.63 0.01 7.98
2016-09-30 29.11 0.00 6.50
2016-06-30 29.52 0.00 6.56
2016-03-31 29.90 0.00 6.38
2015-12-31 31.15 0.00 6.55
2015-09-30 31.70 0.00 4.53
2015-06-30 32.18 0.00 7.89
2015-03-31 26.21 0.00 5.16
2014-12-31 27.85 0.01 12.61
2014-09-30 27.31 0.00 12.92
2014-06-30 27.28 0.00 16.11
2014-03-31 26.91 0.00 18.09
2013-12-31 26.48 0.05 12.17
2013-09-30 27.27 0.01 11.36
2013-06-30 27.75 0.02 11.88
2013-03-31 27.44 0.04 13.02
2012-12-31 27.93 0.10 15.01
2012-09-30 19.06 0.06 2.77
2012-06-30 18.91 0.12 2.49
2012-03-31 -0.11 0.14 0.85
2011-12-31 0.83 0.15 1.30
  • Symbility Solutions has no debt.
  • Symbility Solutions had no debt 5 years ago.
  • Symbility Solutions has no debt, it does not need to be covered by operating cash flow.
  • Symbility Solutions has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Symbility Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Symbility Solutions has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0E9 Dividends

 What is Symbility Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Symbility Solutions dividends.
If you bought €2,000 of Symbility Solutions shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Symbility Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Symbility Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0E9 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0E9 Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Symbility Solutions has not reported any payouts.
  • Unable to verify if Symbility Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Symbility Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Symbility Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Symbility Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Symbility Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Symbility Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0E9 Management

 What is the CEO of Symbility Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
James Swayze
COMPENSATION CA$514,940
AGE 54
TENURE AS CEO 14.6 years
CEO Bio

Mr. James R. Swayze has been the Chief Executive Officer at Symbility Solutions Inc. since May 31, 2004 and served as its President from May 31, 2004 to March 2012. Mr. Swayze served as the Chief Executive Officer and President of ABI Capital Corp. and served as its Executive Director since May 31, 2004. Before joining Symbility Solutions in 2004, Mr. Swayze held senior executive positions across North America and Europe with a number of global technology, financial services and insurance leaders. Mr. Swayze co-founded and served as President of Insource Limited, where he led the company’s growth and ultimate acquisition by General Electric (GE) Capital in 1997. Mr. Swayze subsequently joined GE Employers Reassurance Canada (GE ERC) as senior vice president, business development where he was responsible for building the value of its Canadian life reinsurance division to more than $1 billion. Mr. Swayze then assumed the role of Vice President, Sales and Marketing, North America for GE ERC’s parent company, General Electric (GE). Mr. Swayze is an acknowledged expert on the application of technology to the insurance industry, with several features on emerging trends published in industry publications such as Canadian Insurance, Claims Canada and Claims Advisor. He has more than 20 years’ experience in the insurance industry. He has been a Non-Independent Director of Symbility Solutions Inc. since May 31, 2004. He has been a Director of Qyou Media Inc. since March 13, 2017. He served as an Independent Director of Engagement Labs Inc. since January 6, 2014 until September 27, 2016. Mr. Swayze is also a regularly sought-after speaker at industry conferences and events throughout North America. Mr. Swayze graduated in 1985 with a Bachelors of Science, Mathematics & Statistics from the University of Western Ontario.

CEO Compensation
  • James's compensation has increased in line with Symbility Solutions recently becoming profitable.
  • James's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Symbility Solutions management team in years:

6.7
Average Tenure
  • The average tenure for the Symbility Solutions management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

James Swayze

TITLE
Chairman & CEO
COMPENSATION
CA$515K
AGE
54
TENURE
14.6 yrs

Blair Baxter

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$336K
AGE
61
TENURE
6.7 yrs

John Burega

TITLE
Executive Vice President of Worldwide Sales
COMPENSATION
CA$456K

Marc-Olivier Huynh

TITLE
Founder & CTO
COMPENSATION
CA$303K

Pascal Begin

TITLE
Co-Founder & VP of Product Management
TENURE
2.5 yrs

Wesley Jones

TITLE
Senior Vice President of Global Account Management
TENURE
6.7 yrs

Paul Crowe

TITLE
Chief Marketing Officer
COMPENSATION
CA$428K
TENURE
3.3 yrs

Jeff Brinkman

TITLE
Senior Vice President of Client Development

Patrick C. Hansen

TITLE
Senior Vice President of EMEA & APAC

Lucy De Oliveira

TITLE
Vice President of Global Marketing
Board of Directors Tenure

Average tenure and age of the Symbility Solutions board of directors in years:

3.5
Average Tenure
54
Average Age
  • The tenure for the Symbility Solutions board of directors is about average.
Board of Directors

James Swayze

TITLE
Chairman & CEO
COMPENSATION
CA$515K
AGE
54
TENURE
1.2 yrs

Richard Hurwitz

TITLE
Independent Director
COMPENSATION
CA$69K
AGE
55
TENURE
5.8 yrs

David McDonnell

TITLE
Independent Director
COMPENSATION
CA$9K
TENURE
1.3 yrs

Ronan McGrath

TITLE
Lead Independent Director
COMPENSATION
CA$9K

Gordon Paterson

TITLE
Director
COMPENSATION
CA$158K
AGE
54
TENURE
14.6 yrs

Robert Landry

TITLE
Independent Director
COMPENSATION
CA$78K
AGE
70
TENURE
9.5 yrs

James Balas

TITLE
Non-Independent Director
AGE
47
TENURE
4.8 yrs

Michael Torok

TITLE
Independent Director
COMPENSATION
CA$62K
TENURE
3.5 yrs

Angela Grinstead

TITLE
Director
TENURE
3.3 yrs

David Hayes

TITLE
Director
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Symbility Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Symbility Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

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Description

Symbility Solutions Inc. develops and markets software for employee benefits and property and casualty insurance markets, and develops mobile application software in Canada, the United States, and internationally. The company operates in three segments: Symbility Property, Symbility Health, and Symbility Strategic Services. Its products include Claims Connect, a workflow management hub; Mobile Claims that capture claim information onsite and provide a chance to engage policyholders in the settlement process; Video Connect, a live video collaboration tool that helps consumers own their claim process; and Analytics Services that offer claims consulting support and insight. The company’s products also comprise AdminCare, a Web-based application that gives control over the management of group benefits administration; AdjudiCare, a Web-based software solution used by a network of employee benefits brokers and third-party administrator partners in the adjudication of health and dental claims; and benefit plans services. In addition, it offers Desk Adjuster that helps insurers centralize small-loss handling; and designs and develops technologies in the area of mobile, the Internet of things, machine-to-machine, and wearables to various industries. The company was formerly known as Automated Benefits Corp. and changed its name to Symbility Solutions Inc. in September 2012. The company was incorporated in 1999 and is based in Toronto, Canada.

Details
Name: Symbility Solutions Inc.
0E9
Exchange: DB
Founded: 1999
CA$96,334,920
241,766,226
Website: http://www.symbilitysolutions.com
Address: Symbility Solutions Inc.
111 Peter Street,
Suite 900,
Toronto,
Ontario, M5V 2H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SY Common Shares TSX Venture Exchange CA CAD 08. Apr 2002
OTCPK ATBE.F Common Shares Pink Sheets LLC US USD 08. Apr 2002
DB 0E9 Common Shares Deutsche Boerse AG DE EUR 08. Apr 2002
Number of employees
Current staff
Staff numbers
182
Symbility Solutions employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/18 22:47
End of day share price update: 2018/12/18 00:00
Last estimates confirmation: 2018/10/23
Last earnings filing: 2018/11/28
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.