| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
SYNA Stock Overview
Synaptics Incorporated develops and supplies semiconductor products and solutions worldwide.
Synaptics Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$197.59 |
| 52 Week High | US$299.39 |
| 52 Week Low | US$99.00 |
| Beta | 1.15 |
| 1 Month Change | -29.00% |
| 3 Month Change | 10.14% |
| 1 Year Change | 86.58% |
| 3 Year Change | 392.38% |
| 5 Year Change | 263.48% |
| Change since IPO | 2,160.76% |
Recent News & Updates
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
| SYNA | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | -19.5% | -12.1% | -6.1% |
| 1Y | 86.6% | 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
| SYNA volatility | |
|---|---|
| SYNA Average Weekly Movement | 7.6% |
| Semiconductor Industry Average Movement | 7.8% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 1,463 | Michael E. Hurlston | https://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
| SYNA fundamental statistics | |
|---|---|
| Market Cap | US$7.76b |
| Earnings (TTM) | US$122.60m |
| Revenue (TTM) | US$1.38b |
63.3x
P/E Ratio5.6x
P/S RatioIs SYNA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SYNA income statement (TTM) | |
|---|---|
| Revenue | US$1.38b |
| Cost of Revenue | US$692.90m |
| Gross Profit | US$691.00m |
| Expenses | US$568.40m |
| Earnings | US$122.60m |
Last Reported Earnings
Sep 25, 2021
Next Earnings Date
Feb 03, 2022
| Earnings per share (EPS) | 3.12 |
| Gross Margin | 49.93% |
| Net Profit Margin | 8.86% |
| Debt/Equity Ratio | 39.4% |
How did SYNA perform over the long term?
See historical performance and comparisonValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 23:25 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/25 |
| Annual Earnings | 2021/06/26 |
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.