AIM:SNX

Stock Analysis Report

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Executive Summary

Synectics plc engages in the design, integration, and support of security and surveillance systems worldwide. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SNX is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SNX's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-8.3%

SNX

-0.6%

GB Electronic

-0.3%

GB Market


1 Year Return

-8.3%

SNX

22.7%

GB Electronic

2.1%

GB Market

Return vs Industry: SNX underperformed the UK Electronic industry which returned 23.6% over the past year.

Return vs Market: SNX underperformed the UK Market which returned 0.8% over the past year.


Shareholder returns

SNXIndustryMarket
7 Day-8.3%-0.6%-0.3%
30 Day17.0%-5.8%1.7%
90 Day17.0%3.6%3.2%
1 Year-8.3%-8.3%23.8%22.7%8.0%2.1%
3 Year-24.3%-27.6%47.5%42.0%9.9%-3.3%
5 Year1.3%-5.2%129.7%115.2%43.2%15.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SNX (£1.38) is trading below our estimate of fair value (£4.38)

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


Price To Earnings Ratio

PE vs Industry: SNX is unprofitable, so we can't compare its PE Ratio to the GB Electronic industry average.

PE vs Market: SNX is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SNX is good value based on its PB Ratio (0.6x) compared to the GB Electronic industry average (2.9x).


Next Steps

Future Growth

How is Synectics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.4%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Synectics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Synectics performed over the past 5 years?

-33.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNX is currently unprofitable.

Growing Profit Margin: SNX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SNX is unprofitable, and losses have increased over the past 5 years at a rate of 33.8% per year.

Accelerating Growth: Unable to compare SNX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-5.2%).


Return on Equity

High ROE: SNX has a negative Return on Equity (-12.61%), as it is currently unprofitable.


Next Steps

Financial Health

How is Synectics's financial position?


Financial Position Analysis

Short Term Liabilities: SNX's short term assets (£29.2M) exceed its short term liabilities (£19.7M).

Long Term Liabilities: SNX's short term assets (£29.2M) exceed its long term liabilities (£3.1M).


Debt to Equity History and Analysis

Debt Level: SNX is debt free.

Reducing Debt: SNX has no debt compared to 5 years ago when its debt to equity ratio was 7.7%.

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

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


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if SNX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SNX is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SNX's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

6.1yrs

Average management tenure


CEO

Paul Webb (54 yo)

6.08yrs

Tenure

UK£347,000

Compensation

Mr. Paul Anthony Webb has been the Chief Executive Officer of Synectics plc since February 1, 2015. Mr. Webb served as Managing Director of Synectics Industrial Systems at Synectics plc (formerly, Quadneti...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD485.39K) is above average for companies of similar size in the UK market ($USD335.61K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Paul Webb
CEO & Executive Director6.08yrsUK£347.00k0.34%
£ 78.5k
David Bedford
Finance Director & Executive Director1.17yrsno data0.060%
£ 13.8k
Helen Kettleborough
Global Marketing & Communications Directorno datano datano data
Paul Burchfield
Managing Director of SSS Management Services Limited14.5yrsno datano data
Graham Jones
Divisional Managing Director of Mobile Systems11.58yrsno datano data
Kerstin Wendt
Head of German Operations0.25yrno datano data
Claire Stewart
Company Secretaryno datano datano data

6.1yrs

Average Tenure

54yo

Average Age

Experienced Management: SNX's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Webb
CEO & Executive Director6.08yrsUK£347.00k0.34%
£ 78.5k
David Bedford
Finance Director & Executive Director1.17yrsno data0.060%
£ 13.8k
David Coghlan
Non-Executive Chairman15.58yrsUK£87.00k9.21%
£ 2.1m
Stephen Coggins
Independent Non-Executive Director16.17yrsUK£30.00k0.078%
£ 18.0k
Michael Butler
Senior Independent Non-Executive Directorno dataUK£30.00k0.30%
£ 68.8k
John Katnic
Chairman of Synectic Systemsno datano datano data
Terry Baker
Chairman of SSS Management Services Limitedno datano datano data
Alison Vincent
Independent Non-Executive Director1.17yrsno datano data

6.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: SNX's board of directors are considered experienced (6.3 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

Synectics plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Synectics plc
  • Ticker: SNX
  • Exchange: AIM
  • Founded: NaN
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: UK£23.082m
  • Shares outstanding: 16.79m
  • Website: https://www.synecticsplc.com

Number of Employees


Location

  • Synectics plc
  • Synectics House
  • 3-4 Broadfield Close
  • Sheffield
  • South Yorkshire
  • S8 0XN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNXAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Synectics plc engages in the design, integration, and support of security and surveillance systems worldwide. It operates through two divisions, Systems; and Integration & Managed Services. The Systems div...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 19:53
End of Day Share Price2021/03/04 00:00
Earnings2020/11/30
Annual Earnings2020/11/30


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.