NasdaqGM:SYPR

Stock Analysis Report

Executive Summary

Sypris Solutions, Inc. provides truck components, oil and gas pipeline components, and aerospace and defense electronics primarily in North America and Mexico.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SYPR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.4%

SYPR

-1.5%

US Auto Components

5.3%

US Market


1 Year Return

-39.8%

SYPR

-41.5%

US Auto Components

-10.7%

US Market

Return vs Industry: SYPR exceeded the US Auto Components industry which returned -40.3% over the past year.

Return vs Market: SYPR underperformed the US Market which returned -10.4% over the past year.


Shareholder returns

SYPRIndustryMarket
7 Day8.4%-1.5%5.3%
30 Day-22.6%-31.6%-13.6%
90 Day-22.2%-43.3%-19.8%
1 Year-39.8%-39.8%-40.6%-41.5%-8.9%-10.7%
3 Year-38.1%-38.1%-41.3%-47.2%15.5%8.0%
5 Year-58.6%-58.6%-38.1%-47.0%35.2%20.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SYPR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SYPR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SYPR is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SYPR is overvalued based on its PB Ratio (1x) compared to the US Auto Components industry average (0.7x).


Next Steps

Future Growth

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

18.8%

Forecasted Automobiles industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SYPR's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if SYPR's earnings are forecast to grow faster than the US market

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

Revenue vs Market: Insufficient data to determine if SYPR's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if SYPR's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Sypris Solutions performed over the past 5 years?

27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SYPR is currently unprofitable.

Growing Profit Margin: SYPR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SYPR is unprofitable, but has reduced losses over the past 5 years at a rate of 27.1% per year.

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

Earnings vs Industry: SYPR is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-4.2%).


Return on Equity

High ROE: SYPR has a negative Return on Equity (-29.4%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sypris Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: SYPR's short term assets ($39.8M) exceed its short term liabilities ($23.4M).

Long Term Liabilities: SYPR's short term assets ($39.8M) exceed its long term liabilities ($23.3M).


Debt to Equity History and Analysis

Debt Level: SYPR's debt to equity ratio (48.1%) is considered high.

Reducing Debt: SYPR's debt to equity ratio has increased from 36.4% to 48.1% over the past 5 years.


Balance Sheet

Inventory Level: SYPR has a high level of physical assets or inventory.

Debt Coverage by Assets: SYPR's debt is covered by short term assets (assets are 6.2x debt).


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: SYPR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SYPR has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.2% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate SYPR'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 SYPR's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: SYPR is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Jeffrey Gill (63yo)

3.5s

Tenure

US$671,973

Compensation

Mr. Jeffrey T. Gill has been the President and Chief Executive Officer of Sypris Solutions Inc. a holding company of Sypris Electronics, LLC. since 1992. Mr. Gill has been the President of Sypris Technolog ...


CEO Compensation Analysis

Compensation vs Market: Jeffrey's total compensation ($USD671.97K) is about average for companies of similar size in the US market ($USD602.37K).

Compensation vs Earnings: Jeffrey's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Gill
Chairman3.5yrsUS$671.97k13.99% $1.8m
Anthony Allen
VP & CFO5.25yrsUS$327.42k1.58% $203.5k
Rebecca Eckert
Principal Accounting Officer & Controller10.92yrsno data0.32% $41.1k

5.3yrs

Average Tenure

Experienced Management: SYPR's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Gill
Chairman3.5yrsUS$671.97k13.99% $1.8m
William Ferko
Independent Director15.25yrsUS$53.52k0.56% $71.8k
Sidney Petersen
Independent Director23.25yrsUS$53.52k0.65% $83.5k
Robert Sroka
Lead Independent Director5.25yrsUS$53.52k0.90% $116.4k
R. Gill
Director37.25yrsUS$53.52k18.04% $2.3m
William Healey
Independent Director23.25yrsUS$53.52k0.45% $58.2k
John Brinkley
Independent Director15yrsUS$53.52k0.40% $52.2k

15.3yrs

Average Tenure

69yo

Average Age

Experienced Board: SYPR's board of directors are seasoned and experienced ( 15.2 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Sypris Solutions, Inc.
  • Ticker: SYPR
  • Exchange: NasdaqGM
  • Founded: 1997
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$12.906m
  • Shares outstanding: 20.99m
  • Website: https://www.sypris.com

Number of Employees


Location

  • Sypris Solutions, Inc.
  • One Oxmoor Place
  • Suite 450
  • Louisville
  • Kentucky
  • 40222
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SYPRNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMay 1994
SJSDB (Deutsche Boerse AG)YesCommon StockDEEURMay 1994

Biography

Sypris Solutions, Inc. provides truck components, oil and gas pipeline components, and aerospace and defense electronics primarily in North America and Mexico. It operates through two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged, machined, welded, and heat-treated steel components for the commercial vehicle, off highway vehicle, light truck, automotive, and energy markets. This segment also offers drive train components, including axle shafts, transmission shafts, gear sets, steer axle knuckles, and other components for automotive and truck manufacturers. In addition, it provides value added operations for drive train assemblies; and manufactures pressure closures and other fabricated products for oil and gas pipelines. The Sypris Electronics segment offers electronic manufacturing services, such as circuit card and full box build manufacturing, high reliability manufacturing, systems assembly and integration, design for manufacturability, and design for specification work for aerospace and defense electronics market. This segment also provides circuit card assembly services for electronic sensors and systems, including radar and targeting systems, tactical ground stations, navigation systems, weapons systems, and targeting and warning systems; and value added solutions, such as low-volume prototype assembly and high-volume turnkey manufacturing. The company also offers engineering design and repair or inspection services. In addition, it sells its engineered product under the Tube Turns brand. The company was incorporated in 1977 and is headquartered in Louisville, Kentucky. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 13:02
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
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.