NasdaqGS:SYNA

Stock Analysis Report

Executive Summary

Synaptics Incorporated develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • Synaptics has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

1.5%

NasdaqGS:SYNA

0.8%

US Semiconductor

1.1%

US Market


1 Year Return

-15.1%

NasdaqGS:SYNA

11.3%

US Semiconductor

2.1%

US Market

SYNA underperformed the Semiconductor industry which returned 11.1% over the past year.

SYNA underperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

SYNAIndustryMarket
7 Day1.5%0.8%1.1%
30 Day13.6%7.7%3.7%
90 Day35.1%12.3%2.3%
1 Year-15.1%-15.1%13.3%11.3%4.4%2.1%
3 Year-32.4%-32.4%83.6%72.9%47.0%37.4%
5 Year-49.3%-49.3%123.2%100.4%61.6%43.8%

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

Valuation

Is Synaptics undervalued based on future cash flows and its price relative to the stock market?

1.97x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Synaptics's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Synaptics's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Synaptics is loss making, we can't compare its value to the US Semiconductor industry average.

Synaptics is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Synaptics, we can't assess if its growth is good value.


Price Based on Value of Assets

Synaptics is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Synaptics expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

18.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Synaptics's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Synaptics is not considered high growth as it is expected to be loss making for the next 1-3 years.

Synaptics's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Unable to compare Synaptics's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Synaptics's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Synaptics is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Synaptics performed over the past 5 years?

-48.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Synaptics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Synaptics's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Synaptics's 1-year growth to the US Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Synaptics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Synaptics has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Synaptics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Synaptics's financial position?


Financial Position Analysis

Synaptics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Synaptics's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Synaptics's level of debt (71.2%) compared to net worth is high (greater than 40%).

Unable to establish if Synaptics's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (32.9%, greater than 20% of total debt).

Synaptics is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.6x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Synaptics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Synaptics's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Synaptics has not reported any payouts.

Unable to verify if Synaptics's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Synaptics has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Synaptics's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

Michael Hurlston (52yo)

0.08yrs

Tenure

0

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 Networks, Inc. since August 04 ...


Management Age and Tenure

1.1yrs

Average Tenure

58yo

Average Age

The average tenure for the Synaptics management team is less than 2 years, this suggests a new team.


Board Age and Tenure

10.4yrs

Average Tenure

65yo

Average Age

The average tenure for the Synaptics board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$414,89719 Feb 19
Kermit Nolan
EntityIndividual
Role
Chief Financial Officer
Corporate VP
Shares10,000
Max PriceUS$41.57

Ownership Breakdown


Management Team

  • Nelson Chan (58yo)

    Executive Chairman

    • Tenure: 0.9yrs
    • Compensation: US$287.13k
  • Michael Hurlston (52yo)

    President

    • Tenure: 0.08yrs
  • Kurt Hoff (61yo)

    Corporate Vice President of Worldwide Sales

    • Tenure: 0.7yrs
  • Jason Tsai

    Head of Investor Relations

    • Tenure: 0yrs
  • John McFarland (52yo)

    Senior VP

    • Tenure: 5.8yrs
  • Alex Wong (64yo)

    Senior Vice President of Worldwide Operations

    • Tenure: 9.2yrs
    • Compensation: US$2.00m
  • Kermit Nolan (59yo)

    Corporate VP

    • Tenure: 0.6yrs
  • Saleel Awsare (54yo)

    Senior VP and GM of IoT Division

    • Tenure: 0.7yrs
  • Patrick Worfolk

    CTO & Senior VP of Corporate Research

    • Tenure: 5.4yrs
  • Nicole Singer

    Senior Vice President of Worldwide Human Resources

    • Tenure: 1.6yrs

Board Members

  • Keith Geeslin (66yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: US$284.63k
  • Jeffrey Buchanan (63yo)

    Independent Director

    • Tenure: 14yrs
    • Compensation: US$274.63k
  • Dick Sanquini (84yo)

    Independent Director

    • Tenure: 25.7yrs
    • Compensation: US$272.06k
  • Nelson Chan (58yo)

    Executive Chairman

    • Tenure: 0.9yrs
    • Compensation: US$287.13k
  • Francis Lee (67yo)

    Director

    • Tenure: 20.8yrs
    • Compensation: US$319.63k
  • Russ Knittel (69yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$269.63k
  • Jim Whims (65yo)

    Independent Director

    • Tenure: 11.9yrs
    • Compensation: US$277.13k
  • Michael Hurlston (52yo)

    President

    • Tenure: 0.08yrs
  • Kiva Allgood (47yo)

    Independent Director

    • Tenure: 0.3yrs

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$1.277b
  • Shares outstanding: 32.92m
  • Website: https://www.synaptics.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SYNANasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 2002
SJNDB (Deutsche Boerse AG)YesCommon StockDEEURJan 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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:41
End of Day Share Price2019/09/16 00:00
Earnings2019/06/29
Annual Earnings2019/06/29


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.