Synaptics
Market Cap
US$2.5b
Last Updated
2020/06/06 02:37 UTC
Data Sources
Company Financials +
Executive Summary
Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Synaptics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SYNA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
13.4%
SYNA
5.6%
US Semiconductor
3.8%
US Market
1 Year Return
157.6%
SYNA
44.3%
US Semiconductor
9.7%
US Market
Return vs Industry: SYNA exceeded the US Semiconductor industry which returned 42.1% over the past year.
Return vs Market: SYNA exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| SYNA | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.4% | 5.6% | 3.8% |
| 30 Day | 4.7% | 14.8% | 11.4% |
| 90 Day | 6.3% | 17.0% | 6.8% |
| 1 Year | 157.6%157.6% | 47.2%44.3% | 12.1%9.7% |
| 3 Year | 21.1%21.1% | 78.4%68.9% | 36.2%27.2% |
| 5 Year | -26.4%-26.4% | 168.1%142.7% | 63.7%45.4% |
Price Volatility Vs. Market
How volatile is Synaptics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
At US$63.50, Is Synaptics Incorporated (NASDAQ:SYNA) Worth Looking At Closely?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Synaptics Incorporated (NASDAQ:SYNA)1 month ago | Simply Wall St
These 4 Measures Indicate That Synaptics (NASDAQ:SYNA) Is Using Debt Reasonably WellValuation
Is Synaptics undervalued compared to its fair value and its price relative to the market?
3.45x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SYNA ($72.26) is trading above our estimate of fair value ($70.01)
Significantly Below Fair Value: SYNA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SYNA is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: SYNA 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 SYNA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SYNA is overvalued based on its PB Ratio (3.4x) compared to the US Semiconductor industry average (3.2x).
Next Steps
Future Growth
How is Synaptics forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
31.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYNA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: SYNA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SYNA's is expected to become profitable in the next 3 years.
Revenue vs Market: SYNA's revenue is expected to decline over the next 3 years (-8.6% per year).
High Growth Revenue: SYNA's revenue is forecast to decline over the next 3 years (-8.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SYNA's Return on Equity is forecast to be low in 3 years time (16.7%).
Next Steps
Past Performance
How has Synaptics performed over the past 5 years?
-56.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYNA is currently unprofitable.
Growing Profit Margin: SYNA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SYNA is unprofitable, and losses have increased over the past 5 years at a rate of -56.2% per year.
Accelerating Growth: Unable to compare SYNA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SYNA is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-10.8%).
Return on Equity
High ROE: SYNA has a negative Return on Equity (-2.44%), as it is currently unprofitable.
Next Steps
Financial Health
How is Synaptics's financial position?
Financial Position Analysis
Short Term Liabilities: SYNA's short term assets ($832.9M) exceed its short term liabilities ($239.2M).
Long Term Liabilities: SYNA's short term assets ($832.9M) exceed its long term liabilities ($529.0M).
Debt to Equity History and Analysis
Debt Level: SYNA's debt to equity ratio (67.6%) is considered high.
Reducing Debt: SYNA's debt to equity ratio has increased from 32.6% to 67.6% over the past 5 years.
Debt Coverage: SYNA's debt is well covered by operating cash flow (43.9%).
Interest Coverage: SYNA is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
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?
1.0yrs
Average management tenure
CEO
Michael Hurlston (52yo)
0.83
Tenure
Mr. Michael E. Hurlston has been President, Chief Executive Officer and Director of Synaptics Incorporated since August 19, 2019. Mr. Hurlston has been a Director of Ubiquiti Inc. (formerly known as Ubiqui ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior VP | 6.58yrs | US$1.58m | 0.053% $1.3m | |
| President | 0.83yr | no data | no data | |
| Chief Financial Officer | 0.67yr | no data | no data | |
| Senior Vice President of Operations | 0.42yr | no data | no data | |
| CTO & Senior VP of Corporate Research | 6.17yrs | no data | no data | |
| Corporate VP of IT & Chief Information Officer | 0.42yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior Vice President of Sales | no data | no data | no data | |
| Senior Vice President of Worldwide Human Resources | 2.33yrs | no data | no data | |
| Senior VP & GM of IoT Division | 1.17yrs | no data | 0.12% $3.0m |
1.0yrs
Average Tenure
52yo
Average Age
Experienced Management: SYNA's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.83yr | no data | no data | |
| Independent Lead Director | no data | US$267.11k | 0.085% $2.1m | |
| Independent Director | 14.75yrs | US$267.11k | 0.047% $1.1m | |
| Independent Director | 26.42yrs | US$257.15k | 0.033% $815.8k | |
| Chairman | 1.67yrs | US$312.87k | 0.15% $3.8m | |
| Director | 0.083yr | no data | no data | |
| Independent Director | 12.67yrs | US$262.11k | 0.066% $1.6m | |
| Independent Director | 1.08yrs | US$63.31k | 0.0055% $134.8k |
1.7yrs
Average Tenure
60.5yo
Average Age
Experienced Board: SYNA's board of directors are not considered experienced ( 1.7 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Synaptics Incorporated's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Synaptics Incorporated
- Ticker: SYNA
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$2.459b
- Shares outstanding: 34.04m
- Website: https://www.synaptics.com
Number of Employees
Location
- Synaptics Incorporated
- 1251 McKay Drive
- San Jose
- California
- 95131
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SYNA | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 2002 |
| SJN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 2002 |
Biography
Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide. The company offers ClearPad, which enables users to interact directly with the display on mobile smartphones, tablets, and automobiles; ClearView products that provide advanced image processing and low power technology for displays on electronic devices, including smartphones and tablets; TouchView products, which integrate touch and display technologies to deliver performance and simplified design; and Natural ID, a fingerprint ID product that is used in automobiles, notebook personal computers (PCs), PC peripherals, and other applications. It also provides 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 to the TouchPad solution; ForcePad, a thinner version of its ClickPad; AudioSmart personal voice and audio solutions; VideoSmart single-chip 4K UHD media processors for TVs, set-top boxes, and over-the-top streaming devices; and ImagingSmart solutions. In addition, the company offers TouchPad with a pointing stick in a single notebook computer enabling users to select their interface of choice; TouchStyk, a self-contained pointing stick module; and TouchButtons, which provides capacitive buttons and scrolling controls, as well as display interface products. The company sells its products through direct sales, outside sales representatives, distributors, and resellers. It serves mobile and PC original equipment manufacturers; Internet of Things manufacturers; and consumer electronics manufacturers. The company was founded in 1986 and is headquartered in San Jose, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 02:37 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/06/29 |
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.