NasdaqGM:SYBX

Stock Analysis Report

Executive Summary

Synlogic, Inc. a clinical-stage biopharmaceutical company, focuses on the discovery and development of synthetic biotic medicines to treat metabolic, inflammatory, and cancer diseases in the United States.


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-10.2%

SYBX

4.7%

US Biotechs

7.2%

US Market


1 Year Return

-75.5%

SYBX

1.8%

US Biotechs

-10.4%

US Market

Return vs Industry: SYBX underperformed the US Biotechs industry which returned 1.8% over the past year.

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


Shareholder returns

SYBXIndustryMarket
7 Day-10.2%4.7%7.2%
30 Day-10.7%-3.5%-12.6%
90 Day-28.7%-5.4%-19.4%
1 Year-75.5%-75.5%2.6%1.8%-8.5%-10.4%
3 Yearn/a14.0%11.1%15.8%8.3%
5 Yearn/a-3.6%-7.9%35.8%21.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SYBX is good value based on its PB Ratio (0.4x) compared to the US Biotechs industry average (2.6x).


Next Steps

Future Growth

How is Synlogic forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

1.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SYBX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SYBX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SYBX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SYBX's revenue (64.1% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: SYBX's revenue (64.1% per year) 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 SYBX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Synlogic performed over the past 5 years?

-28.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SYBX is currently unprofitable.

Growing Profit Margin: SYBX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SYBX is unprofitable, and losses have increased over the past 5 years at a rate of -28.2% per year.

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

Earnings vs Industry: SYBX is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (22%).


Return on Equity

High ROE: SYBX has a negative Return on Equity (-32.74%), as it is currently unprofitable.


Next Steps

Financial Health

How is Synlogic's financial position?


Financial Position Analysis

Short Term Liabilities: SYBX's short term assets ($133.2M) exceed its short term liabilities ($8.9M).

Long Term Liabilities: SYBX's short term assets ($133.2M) exceed its long term liabilities ($22.8M).


Debt to Equity History and Analysis

Debt Level: SYBX is debt free.

Reducing Debt: SYBX has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: SYBX's debt is not covered by short term assets (assets are -3.7505414746788E+16x 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: SYBX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SYBX has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of -42% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

1.8yrs

Average management tenure


CEO

Aoife Brennan (43yo)

1.83s

Tenure

US$2,117,536

Compensation

Dr. Aoife M. Brennan, M.D. M.B., B.Ch. has been a Director at Ra Pharmaceuticals, Inc since September 21, 2018. Dr. Brennan has been the President, Chief Executive Officer & Director of Synlogic Inc. sinc ...


CEO Compensation Analysis

Compensation vs Market: Aoife's total compensation ($USD2.12M) is above average for companies of similar size in the US market ($USD602.37K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Peter Barrett
Executive Chairman3yrsUS$134.75kno data
Aoife Brennan
President1.83yrsUS$2.12m0.33% $195.2k
José Carlos Gutierrez-Ramos
no dataUS$1.39m1.09% $648.8k
Timothy Lu
Co-Founderno datano datano data
James Collins
Co-Founderno datano datano data
Gregg Beloff
Interim CFO0.42yrno datano data
Antoine Awad
Head of Technical Operations1.25yrsno datano data
Elizabeth Wolffe
Head of Investor Relations & Corporate Communicationsno datano datano data
Amanda Kay
Vice President of Corporate Development3.58yrsno datano data
Adam Thomas
Chief Human Resources Officer2.42yrsno datano data

1.8yrs

Average Tenure

54yo

Average Age

Experienced Management: SYBX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Barrett
Executive Chairman3yrsUS$134.75kno data
Aoife Brennan
President1.83yrsUS$2.12m0.33% $195.2k
Michael Powell
Independent Director7.42yrsUS$108.49kno data
Richard Shea
Independent Director2.58yrsUS$108.49k0.023% $13.8k
Edward Mathers
Independent Director7.42yrsUS$103.49kno data
Chau Khuong
Independent Director4yrsUS$102.24kno data
Nick Leschly
Independent Director4yrsUS$98.49k0.072% $42.6k
Paul Miller
Member Scientific Advisory Boardno dataUS$436.81k0.15% $88.6k
Charlotte Hubbert
Observerno datano datano data
Patricia Hurter
Independent Director1yrno datano data

4.0yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SYBX's board of directors are considered experienced (4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Synlogic, Inc.
  • Ticker: SYBX
  • Exchange: NasdaqGM
  • Founded:
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$59.341m
  • Shares outstanding: 32.25m
  • Website: https://www.synlogictx.com

Number of Employees


Location

  • Synlogic, Inc.
  • 301 Binney Street
  • Suite 402
  • Cambridge
  • Massachusetts
  • 2142
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MINADB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2017
SYBXNasdaqGM (Nasdaq Global Market)YesCommon SharesUSUSDAug 2017

Biography

Synlogic, Inc. a clinical-stage biopharmaceutical company, focuses on the discovery and development of synthetic biotic medicines to treat metabolic, inflammatory, and cancer diseases in the United States. Its lead therapeutic programs include SYNB1020, an oral therapy for the treatment of hyperammonemia, which includes patients with liver diseases, such as hepatic encephalopathy, as well as patients with urea cycle disorders; and SYNB1618, an oral therapy that is in Phase I/IIa clinical trial to treat phenylketonuria. The company is also developing SYNB1891, an intratumorally administered synthetic biotic medicine to treat immuno-oncology solid tumors. It has collaboration agreements with AbbVie S.à.r.l. to develop synthetic biotic medicines for the treatment of inflammatory bowel diseases; and Ginkgo Bioworks to enable the discovery of new living medicines. The company also has a clinical collaboration with Hoffman-La Roche Ltd. to evaluate SYNB1891 in combination with PD-L1 checkpoint inhibitor in patients with advanced solid tumors. Synlogic, Inc. is headquartered in Cambridge, Massachusetts. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 02:19
End of Day Share Price2020/03/30 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.