SYNL

SynalloyNasdaqGM:SYNL Stock Report

Market Cap

US$103.3m

7D

-3.7%

1Y

82.5%

Updated

16 Sep, 2021

Data

Company Financials
SYNL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SYNL Overview

Synalloy Corporation manufactures and sells metals and specialty chemicals in the United States and internationally.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SYNL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SYNL's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.7%

SYNL

1.5%

US Metals and Mining

-0.6%

US Market


1 Year Return

82.5%

SYNL

44.0%

US Metals and Mining

33.7%

US Market

Return vs Industry: SYNL exceeded the US Metals and Mining industry which returned 41% over the past year.

Return vs Market: SYNL exceeded the US Market which returned 30.7% over the past year.


Shareholder returns

SYNLIndustryMarket
7 Day-3.7%1.5%-0.6%
30 Day5.0%-0.6%1.4%
90 Day10.7%4.5%5.4%
1 Year82.5%82.5%47.4%44.0%35.7%33.7%
3 Year-49.2%-50.0%67.8%56.4%61.2%51.2%
5 Year27.3%24.3%100.3%82.6%123.8%99.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Synalloy Fundamentals Summary

How do Synalloy's earnings and revenue compare to its market cap?
SYNL fundamental statistics
Market CapUS$103.35m
Earnings (TTM)-US$15.15m
Revenue (TTM)US$268.03m

0.4x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SYNL income statement (TTM)
RevenueUS$268.03m
Cost of RevenueUS$234.07m
Gross ProfitUS$33.96m
ExpensesUS$49.11m
Earnings-US$15.15m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.65
Gross Margin12.67%
Net Profit Margin-5.65%
Debt/Equity Ratio70.2%

How did SYNL perform over the long term?

See historical performance and comparison

Valuation

Is Synalloy 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: SYNL ($11.15) is trading below our estimate of fair value ($68.55)

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


Price To Earnings Ratio

PE vs Industry: SYNL is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.

PE vs Market: SYNL 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 SYNL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SYNL is good value based on its PB Ratio (1.2x) compared to the US Metals and Mining industry average (2.3x).


Future Growth

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

-5.5%

Forecasted Materials 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 Synalloy 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 Synalloy performed over the past 5 years?

-17.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SYNL is currently unprofitable.

Growing Profit Margin: SYNL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SYNL is unprofitable, and losses have increased over the past 5 years at a rate of 17.3% per year.

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

Earnings vs Industry: SYNL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (75.1%).


Return on Equity

High ROE: SYNL has a negative Return on Equity (-17.88%), as it is currently unprofitable.


Financial Health

How is Synalloy's financial position?


Financial Position Analysis

Short Term Liabilities: SYNL's short term assets ($142.4M) exceed its short term liabilities ($40.3M).

Long Term Liabilities: SYNL's short term assets ($142.4M) exceed its long term liabilities ($92.1M).


Debt to Equity History and Analysis

Debt Level: SYNL's debt to equity ratio (70.2%) is considered high.

Reducing Debt: SYNL's debt to equity ratio has increased from 30.6% to 70.2% over the past 5 years.


Balance Sheet


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: Whilst unprofitable SYNL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SYNL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.1% per year.


Dividend

What is Synalloy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SYNL'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?

0.6yrs

Average management tenure


CEO

Chris Hutter (41 yo)

0.83

Tenure

US$867,401

Compensation

Mr. Christopher G. Hutter, also known as Chris, serves as an Interim President and Chief Executive Officer at Synalloy Corporation since November 9, 2020. He also serves as Director at Synalloy Corporation...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD867.40K) is above average for companies of similar size in the US market ($USD545.00K).

Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.


Leadership Team

Experienced Management: SYNL's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: SYNL's board of directors are not considered experienced ( 1.3 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: SYNL 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 2.3%.


Top Shareholders

Company Information

Synalloy Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Synalloy Corporation
  • Ticker: SYNL
  • Exchange: NasdaqGM
  • Founded: 1945
  • Industry: Steel
  • Sector: Materials
  • Market Cap: US$103.348m
  • Shares outstanding: 9.27m
  • Website: https://www.synalloy.com

Number of Employees


Location

  • Synalloy Corporation
  • 4510 Cox Road
  • Suite 201
  • Richmond
  • Virginia
  • 23060
  • United States

Listings


Biography

Synalloy Corporation manufactures and sells metals and specialty chemicals in the United States and internationally. The company’s Metals segment offers stainless steel, galvanized, and other alloy pipes a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 05:03
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.