Synsam AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Last week, you might have seen that Synsam AB (publ) (STO:SYNSAM) released its full-year result to the market. The early response was not positive, with shares down 9.0% to kr47.50 in the past week. It was not a great result overall. While revenues of kr6.4b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 12% to hit kr2.48 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Synsam after the latest results.

Check out our latest analysis for Synsam

Following the latest results, Synsam's four analysts are now forecasting revenues of kr7.12b in 2025. This would be a meaningful 11% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 47% to kr3.68. In the lead-up to this report, the analysts had been modelling revenues of kr7.11b and earnings per share (EPS) of kr3.70 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The consensus price target rose 5.3% to kr66.33despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Synsam's earnings by assigning a price premium. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Synsam, with the most bullish analyst valuing it at kr75.00 and the most bearish at kr59.00 per share. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 11% growth on an annualised basis. That is in line with its 12% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.0% per year. So although Synsam is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Synsam going out to 2027, and you can see them free on our platform here..

Even so, be aware that Synsam is showing 1 warning sign in our investment analysis , you should know about...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.