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SYNA

SynapticsNasdaqGS:SYNA Stock Report

Last Price

US$197.59

Market Cap

US$7.8b

7D

-19.5%

1Y

86.6%

Updated

23 Jan, 2022

Data

Company Financials +
SYNA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

SYNA Stock Overview

Synaptics Incorporated develops and supplies semiconductor products and solutions worldwide.

Synaptics Competitors

NVIDIA

NasdaqGS:NVDA

US$584.4b

Broadcom

NasdaqGS:AVGO

US$220.2b

Intel

NasdaqGS:INTC

US$211.6b

QUALCOMM

NasdaqGS:QCOM

US$184.7b

Price History & Performance

Summary of all time highs, changes and price drops for Synaptics
Historical stock prices
Current Share PriceUS$197.59
52 Week HighUS$299.39
52 Week LowUS$99.00
Beta1.15
1 Month Change-29.00%
3 Month Change10.14%
1 Year Change86.58%
3 Year Change392.38%
5 Year Change263.48%
Change since IPO2,160.76%

Recent News & Updates

Jan 11

Synaptics: Leveraging The Internet Of Things For Growth

Synaptics is a trusted partner to the world’s leading intelligent system providers making its products present everywhere in consumers’ daily lives. With a wide customer base and a variety of product applications, the company has reliable sources for revenue with significant room to grow. The IoT product portfolio has achieved remarkable results in recent quarters and is expected to do so in the future.

Shareholder Returns

SYNAUS SemiconductorUS Market
7D-19.5%-12.1%-6.1%
1Y86.6%15.6%4.2%

Return vs Industry: SYNA exceeded the US Semiconductor industry which returned 15.6% over the past year.

Return vs Market: SYNA exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is SYNA's price volatile compared to industry and market?
SYNA volatility
SYNA Average Weekly Movement7.6%
Semiconductor Industry Average Movement7.8%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: SYNA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SYNA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19861,463Michael E. Hurlstonhttps://www.synaptics.com

Synaptics Incorporated develops and supplies semiconductor products and solutions worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes or over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions. It also provides Natural ID, a fingerprint ID product that is used in automobiles, notebook personal computers (PCs), PC peripherals, and other applications; TouchPad, a touch-sensitive pad that senses the position and movement of one or more fingers on its surface; SecurePad that integrates fingerprint sensor directly into the TouchPad area; ClickPad that offers a clickable mechanical design; and ForcePad.

Synaptics Fundamentals Summary

How do Synaptics's earnings and revenue compare to its market cap?
SYNA fundamental statistics
Market CapUS$7.76b
Earnings (TTM)US$122.60m
Revenue (TTM)US$1.38b

63.3x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SYNA income statement (TTM)
RevenueUS$1.38b
Cost of RevenueUS$692.90m
Gross ProfitUS$691.00m
ExpensesUS$568.40m
EarningsUS$122.60m

Last Reported Earnings

Sep 25, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)3.12
Gross Margin49.93%
Net Profit Margin8.86%
Debt/Equity Ratio39.4%

How did SYNA perform over the long term?

See historical performance and comparison

Valuation

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

28.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SYNA ($197.59) is trading below our estimate of fair value ($275.3)

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


Price To Earnings Ratio

PE vs Industry: SYNA is poor value based on its PE Ratio (63.3x) compared to the US Semiconductor industry average (27.6x).

PE vs Market: SYNA is poor value based on its PE Ratio (63.3x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: SYNA is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: SYNA is overvalued based on its PB Ratio (7.7x) compared to the US Semiconductor industry average (4.1x).


Future Growth

How is Synaptics forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

37.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SYNA's forecast earnings growth (37.7% per year) is above the savings rate (2%).

Earnings vs Market: SYNA's earnings (37.7% per year) are forecast to grow faster than the US market (13% per year).

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

Revenue vs Market: SYNA's revenue (12.8% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: SYNA's revenue (12.8% 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 SYNA's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Synaptics performed over the past 5 years?

39.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SYNA has high quality earnings.

Growing Profit Margin: SYNA's current net profit margins (8.9%) are higher than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: SYNA's earnings have grown significantly by 39.3% per year over the past 5 years.

Accelerating Growth: SYNA's earnings growth over the past year (9.4%) is below its 5-year average (39.3% per year).

Earnings vs Industry: SYNA earnings growth over the past year (9.4%) underperformed the Semiconductor industry 80.5%.


Return on Equity

High ROE: SYNA's Return on Equity (12.2%) is considered low.


Financial Health

How is Synaptics's financial position?


Financial Position Analysis

Short Term Liabilities: SYNA's short term assets ($749.4M) exceed its short term liabilities ($303.5M).

Long Term Liabilities: SYNA's short term assets ($749.4M) exceed its long term liabilities ($477.3M).


Debt to Equity History and Analysis

Debt Level: SYNA's net debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: SYNA's debt to equity ratio has increased from 32.7% to 39.4% over the past 5 years.

Debt Coverage: SYNA's debt is well covered by operating cash flow (94%).

Interest Coverage: SYNA's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SYNA'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 SYNA'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?

2.3yrs

Average management tenure


CEO

Michael E. Hurlston (54 yo)

2.42yrs

Tenure

US$11,704,655

Compensation

Mr. Michael E. Hurlston serves as an Independent Director at Flex Ltd. since September 15, 2020. He is Director at Flextronics International, Ltd.He has been President, Chief Executive Officer and Directo...


CEO Compensation Analysis

Compensation vs Market: Michael E.'s total compensation ($USD11.70M) is above average for companies of similar size in the US market ($USD6.49M).

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


Leadership Team

Experienced Management: SYNA's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: SYNA's board of directors are considered experienced (8.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SYNA insiders have only sold shares 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 13.8%.


Top Shareholders

Company Information

Synaptics Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Synaptics Incorporated
  • Ticker: SYNA
  • Exchange: NasdaqGS
  • Founded: 1986
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: US$7.760b
  • Shares outstanding: 39.27m
  • Website: https://www.synaptics.com

Number of Employees


Location

  • Synaptics Incorporated
  • 1251 McKay Drive
  • San Jose
  • California
  • 95131
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:25
End of Day Share Price2022/01/21 00:00
Earnings2021/09/25
Annual Earnings2021/06/26


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.