OTCPK:SYNN.F

Stock Analysis Report

Executive Summary

Symphony International Holdings Limited is a private equity and venture capital firm specializing in investments in early stage, management buy-outs, management buy-ins, restructurings, special situations, and the provision of growth capital for later-stage development and expansion.

Rewards


Snowflake Analysis

Share Price & News

How has Symphony International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

4.3%

SYNN.F

1.7%

US Capital Markets

1.5%

US Market


1 Year Return

-6.2%

SYNN.F

19.0%

US Capital Markets

20.1%

US Market

Return vs Industry: SYNN.F underperformed the US Capital Markets industry which returned 19% over the past year.

Return vs Market: SYNN.F underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

SYNN.FIndustryMarket
7 Day4.3%1.7%1.5%
30 Day-0.02%0.5%1.4%
90 Day1.6%8.6%8.7%
1 Year-6.2%-6.2%21.4%19.0%22.7%20.1%
3 Year-38.1%-38.1%40.0%32.1%50.1%40.5%
5 Year-21.1%-21.1%83.6%66.5%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Symphony International Holdings undervalued compared to its fair value and its price relative to the market?

2.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SYNN.F ($0.6) is trading above our estimate of fair value ($0.43)

Significantly Below Fair Value: SYNN.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SYNN.F is good value based on its PE Ratio (2.5x) compared to the Capital Markets industry average (36x).

PE vs Market: SYNN.F is good value based on its PE Ratio (2.5x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SYNN.F is good value based on its PB Ratio (0.5x) compared to the US Capital Markets industry average (6.7x).

Future Growth

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

8.4%

Forecasted Diversified Financials 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 Symphony International Holdings 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.

Past Performance

How has Symphony International Holdings performed over the past 5 years?

-22.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SYNN.F has a high level of non-cash earnings.

Growing Profit Margin: SYNN.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SYNN.F's earnings have declined by -22.9% per year over the past 5 years.

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

Earnings vs Industry: SYNN.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: SYNN.F's Return on Equity (21%) is considered high.


Return on Assets


Return on Capital Employed

Financial Health

How is Symphony International Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: SYNN.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: SYNN.F's debt is not covered by short term assets (assets are 0.1x debt).


Financial Institutions Analysis

Asset Level: SYNN.F's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if SYNN.F has a sufficient allowance for bad loans.

Low Risk Liabilities: SYNN.F reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if SYNN.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: SYNN.F has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if SYNN.F has an appropriate level of bad loans.

Dividend

What is Symphony International Holdings's current dividend yield, its reliability and sustainability?

4.35%

Current Dividend Yield


Dividend Yield vs Market

company4.3%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: SYNN.F's dividend (4.35%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: SYNN.F's dividend (4.35%) is in the top 25% of dividend payers in the US market (3.69%)


Stability and Growth of Payments

Stable Dividend: SYNN.F has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SYNN.F's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.8%), SYNN.F's dividend payments are thoroughly 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.

Management

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

0.9yrs

Average board tenure


CEO

Symphony International Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Sunil Chandiramani
Director16yrsno data6.95% $20.5m
Anil Thadani
Director16yrsno data18.19% $53.7m
Georges Gagnebin
Independent Chairman0.3yrsno datano data
Rajiv Luthra
Independent Non-Executive Director12.6yrsno datano data
Pierangelo Bottinelli
Chairman Emeritus0.3yrsno datano data
Samer Alsaifi
Independent Director0.9yrsno datano data
Oliviero Bottinelli
Independent Non-executive Director0.3yrsno datano data

0.9yrs

Average Tenure

67.5yo

Average Age

Experienced Board: SYNN.F's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SYNN.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.


Top Shareholders

Company Information

Symphony International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Symphony International Holdings Limited
  • Ticker: SYNN.F
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$295.186m
  • Shares outstanding: 513.37m
  • Website: https://www.symphonyasia.com

Location

  • Symphony International Holdings Limited
  • Vistra Corporate Services Centre
  • Wickhams Cay II
  • Road Town
  • Tortola
  • VG1110
  • British Virgin Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIHLLSE (London Stock Exchange)YesOrdinary SharesGBUSDAug 2007
SYNN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 2007
SIHLLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBUSDAug 2007

Biography

Symphony International Holdings Limited is a private equity and venture capital firm specializing in investments in early stage, management buy-outs, management buy-ins, restructurings, special situations, and the provision of growth capital for later-stage development and expansion. It also invests in real estate development. The firm typically invests in innovative and high-growth consumer businesses primarily in the healthcare, healthcare related services, luxury branded real estate, hospitality and lifestyle sectors. It prefers to make long-term direct investments in the Asia Pacific region with a focus on Australia, India, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Vietnam and Sri Lanka. The firm seeks to achieve control positions in partnership with the management of the acquired business. It seeks to be the lead or sole investor. Symphony International Holdings Limited was founded in 2004 and is based in British Virgin Islands. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:59
End of Day Share Price2020/02/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.