Systemax
Market Cap
US$1.2b
Last Updated
2021/05/12 23:43 UTC
Data Sources
Company Financials +
Executive Summary
Systemax Inc., through its subsidiaries, operates as a direct marketer of brand name and private label industrial and business equipment and supplies in North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Systemax's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SYX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SYX's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-1.0%
SYX
-2.1%
US Trade Distributors
-2.8%
US Market
1 Year Return
83.6%
SYX
98.2%
US Trade Distributors
49.4%
US Market
Return vs Industry: SYX underperformed the US Trade Distributors industry which returned 98.3% over the past year.
Return vs Market: SYX exceeded the US Market which returned 48.6% over the past year.
Shareholder returns
| SYX | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -2.1% | -2.8% |
| 30 Day | -26.1% | 1.2% | -2.3% |
| 90 Day | -21.6% | 11.2% | -1.3% |
| 1 Year | 97.1%83.6% | 102.5%98.2% | 51.8%49.4% |
| 3 Year | 62.8%6.5% | 58.0%49.5% | 57.5%47.6% |
| 5 Year | 500.0%261.0% | 144.2%124.1% | 121.7%97.1% |
Long-Term Price Volatility Vs. Market
How volatile is Systemax's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Here's What We Like About Systemax's (NYSE:SYX) Upcoming Dividend5 days ago | Simply Wall St
Calculating The Fair Value Of Systemax Inc. (NYSE:SYX)4 weeks ago | Simply Wall St
Systemax (NYSE:SYX) Has Rewarded Shareholders With An Exceptional 697% Total Return On Their InvestmentValuation
Is Systemax undervalued compared to its fair value and its price relative to the market?
10.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SYX ($33.03) is trading below our estimate of fair value ($37.01)
Significantly Below Fair Value: SYX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SYX is good value based on its PE Ratio (20.1x) compared to the US Trade Distributors industry average (27.9x).
PE vs Market: SYX is poor value based on its PE Ratio (20.1x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: SYX is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SYX is overvalued based on its PB Ratio (10.6x) compared to the US Trade Distributors industry average (2.6x).
Future Growth
How is Systemax forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
17.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYX's forecast earnings growth (17.1% per year) is above the savings rate (2%).
Earnings vs Market: SYX's earnings (17.1% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: SYX's earnings are forecast to grow, but not significantly.
Revenue vs Market: SYX's revenue (6.6% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: SYX's revenue (6.6% 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 SYX's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Systemax performed over the past 5 years?
28.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYX has high quality earnings.
Growing Profit Margin: SYX's current net profit margins (5.9%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: SYX has become profitable over the past 5 years, growing earnings by 28.7% per year.
Accelerating Growth: SYX's earnings growth over the past year (28.3%) is below its 5-year average (28.7% per year).
Earnings vs Industry: SYX earnings growth over the past year (28.3%) exceeded the Trade Distributors industry 4.1%.
Return on Equity
High ROE: SYX's Return on Equity (52.2%) is considered outstanding.
Financial Health
How is Systemax's financial position?
Financial Position Analysis
Short Term Liabilities: SYX's short term assets ($282.9M) exceed its short term liabilities ($194.6M).
Long Term Liabilities: SYX's short term assets ($282.9M) exceed its long term liabilities ($79.5M).
Debt to Equity History and Analysis
Debt Level: SYX is debt free.
Reducing Debt: SYX has not had any debt for past 5 years.
Debt Coverage: SYX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SYX has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Systemax current dividend yield, its reliability and sustainability?
1.94%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SYX's dividend (1.94%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: SYX's dividend (1.94%) is low compared to the top 25% of dividend payers in the US market (3.43%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SYX has been paying a dividend for less than 10 years.
Growing Dividend: SYX's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.3%), SYX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Barry Litwin (53 yo)
2.33yrs
Tenure
US$4,107,300
Compensation
Mr. Barry Litwin is Chief Executive Officer at Systemax Inc., since January 7, 2019 and its Director since July 2017. Mr. Litwin serves as Senior Vice President of Marketing at Newark Corporation. Mr. Litw...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD4.11M) is about average for companies of similar size in the US market ($USD3.78M).
Compensation vs Earnings: Barry's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SYX's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: SYX's board of directors are seasoned and experienced ( 13.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SYX insiders have only sold shares 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
Systemax Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Systemax Inc.
- Ticker: SYX
- Exchange: NYSE
- Founded: 1949
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$1.246b
- Shares outstanding: 37.72m
- Website: https://www.systemax.com
Number of Employees
Location
- Systemax Inc.
- 11 Harbor Park Drive
- Port Washington
- New York
- 11050
- United States
Listings
Biography
Systemax Inc., through its subsidiaries, operates as a direct marketer of brand name and private label industrial and business equipment and supplies in North America. It sells a range of maintenance, repa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/12 23:43 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.