DB:0E9

Stock Analysis Report

Symbility Solutions

Executive Summary

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.

Rewards

Revenue is forecast to grow 9.04% per year

Became profitable this year

Risk Analysis

No risks detected for 0 from our risk checks.


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 0E9 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.3%

0

-9.7%

DE Software

-9.1%

DE Market


1 Year Return

63.3%

0

23.1%

DE Software

2.9%

DE Market

Return vs Industry: 0E9 exceeded the German Software industry which returned 39.3% over the past year.

Return vs Market: 0E9 exceeded the German Market which returned 17.1% over the past year.


Shareholder returns

0IndustryMarket
7 Day0.3%-9.7%-9.1%
30 Day-1.8%-3.5%-7.2%
90 Day20.2%-5.3%-6.5%
1 Year63.3%63.3%24.7%23.1%6.1%2.9%
3 Year148.1%148.1%39.6%34.0%3.5%-5.6%
5 Yearn/a102.8%88.4%8.0%-6.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

83.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 0E9 (€0.39) is trading above our estimate of fair value (€0.21)

Significantly Below Fair Value: 0E9 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 0E9 is poor value based on its PE Ratio (83.4x) compared to the Software industry average (41.3x).

PE vs Market: 0E9 is poor value based on its PE Ratio (83.4x) compared to the German market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0E9's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0E9 is overvalued based on its PB Ratio (3.2x) compared to the DE Software industry average (3.1x).


Next Steps

Future Growth

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

9.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 0E9's forecast earnings growth is above the savings rate (0.5%).

Earnings vs Market: Insufficient data to determine if 0E9's earnings are forecast to grow faster than the German market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 0E9's revenue (9% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: 0E9's revenue (9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 0E9's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Symbility Solutions performed over the past 5 years?

27.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if 0E9 has high quality earnings.

Growing Profit Margin: 0E9 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 0E9 has become profitable over the past 5 years, growing earnings by 27.8% per year.

Accelerating Growth: 0E9 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 0E9 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (14.6%).


Return on Equity

High ROE: 0E9's Return on Equity (3.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Symbility Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: 0E9's short term assets (CA$31.7M) exceed its short term liabilities (CA$7.7M).

Long Term Liabilities: 0E9's short term assets (CA$31.7M) exceed its long term liabilities (CA$92.0K).


Debt to Equity History and Analysis

Debt Level: 0E9 is debt free.

Reducing Debt: 0E9 has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.


Balance Sheet

Inventory Level: 0E9 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 0E9's debt is covered by short term assets.


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: 0E9 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: 0E9 is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.9%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 0E9's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 0E9's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0E9's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0E9'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 0E9's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

6.7yrs

Average management tenure


CEO

James Swayze (54yo)

14.6yrs

Tenure

CA$514,940

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD382.32K) is about average for companies of similar size in the German market ($USD425.50K).

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


Leadership Team

NamePositionTenureCompensationOwnership
James Swayze
Chairman & CEO14.6yrsCA$514.94kno data
Blair Baxter
CFO & Corporate Secretary6.7yrsCA$336.38kno data
John Burega
Executive Vice President of Worldwide Sales0yrsCA$455.64kno data
Marc-Olivier Huynh
Founder & CTO0yrsCA$302.89kno data
Pascal Begin
Co-Founder & VP of Product Management2.5yrsno datano data
Wesley Jones
Senior Vice President of Global Account Management6.7yrsno datano data
Paul Crowe
Chief Marketing Officer3.3yrsCA$427.60kno data
Jeffrey Brinkman
Senior Vice President of Client Development0yrsno datano data
Patrick C. Hansen
Senior Vice President of EMEA & APAC0yrsno datano data
Lucy De Oliveira
Vice President of Global Marketing0yrsno datano data

6.7yrs

Average Tenure

Experienced Management: 0E9's management team is seasoned and experienced (6.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Swayze
Chairman & CEO14.6yrsCA$514.94kno data
Ronan McGrath
Lead Independent Director0yrsCA$8.83kno data
Gordon Paterson
Director14.6yrsCA$157.75kno data
Richard Hurwitz
Independent Director5.8yrsCA$68.88kno data
James Balas
Non-Independent Director4.8yrsno datano data
David Hayes
Director2.8yrsno datano data
Angela Grinstead
Director3.3yrsno datano data
Robert Landry
Independent Director9.5yrsCA$78.13kno data
Michael Torok
Independent Director3.5yrsCA$62.04kno data
David McDonnell
Independent Director1.3yrsCA$8.83kno data

3.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 0E9's board of directors are considered experienced (3.5 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.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Symbility Solutions Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Symbility Solutions Inc.
  • Ticker: 0
  • Exchange: DB
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$147.477m
  • Listing Market Cap: CA$96.335m
  • Shares outstanding: 241.77m
  • Website: https://www.symbilitysolutions.com

Number of Employees


Location

  • Symbility Solutions Inc.
  • 111 Peter Street
  • Suite 900
  • Toronto
  • Ontario
  • M5V 2H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SYTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2002
ATBE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2002
0DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2002

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2018/12/18 22:47
End of Day Share Price2018/12/18 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.