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Synchronoss Technologies

Nasdaq:SNCR
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNCR
Nasdaq
$261M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Synchronoss Technologies, Inc. provides cloud, digital, messaging, and Internet of things platforms, products, and solutions worldwide. The last earnings update was 9 days ago. More info.


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  • Synchronoss Technologies has significant price volatility in the past 3 months.
SNCR Share Price and Events
7 Day Returns
5%
NasdaqGS:SNCR
2.4%
US Software
1.2%
US Market
1 Year Returns
-38.5%
NasdaqGS:SNCR
25.6%
US Software
3%
US Market
SNCR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Synchronoss Technologies (SNCR) 5% -21.2% 15.2% -38.5% -79.1% -80.4%
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • SNCR underperformed the Software industry which returned 25.6% over the past year.
  • SNCR underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
SNCR
Industry
5yr Volatility vs Market
Related Companies

SNCR Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Synchronoss Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Synchronoss Technologies.

NasdaqGS:SNCR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SNCR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 21%) (47.19%))
1.379
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.379 * 5.96%)
10.95%

Discounted Cash Flow Calculation for NasdaqGS:SNCR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Synchronoss Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SNCR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.95%)
2019 15.00 Analyst x1 13.52
2020 11.04 Analyst x1 8.97
2021 8.79 Est @ -20.4% 6.44
2022 7.61 Est @ -13.46% 5.02
2023 6.95 Est @ -8.6% 4.14
2024 6.59 Est @ -5.2% 3.53
2025 6.40 Est @ -2.82% 3.09
2026 6.33 Est @ -1.16% 2.76
2027 6.33 Est @ 0.01% 2.48
2028 6.38 Est @ 0.82% 2.26
Present value of next 10 years cash flows $52.21
NasdaqGS:SNCR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $6.38 × (1 + 2.73%) ÷ (10.95% – 2.73%)
$79.77
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $79.77 ÷ (1 + 10.95%)10
$28.22
NasdaqGS:SNCR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $52.21 + $28.22
$80.43
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $80.43 / 39.98
$2.01
NasdaqGS:SNCR Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.01
Current discount Discount to share price of $6.52
= -1 x ($6.52 - $2.01) / $2.01
-224.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Synchronoss Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Synchronoss Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Synchronoss Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SNCR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-6.51
NasdaqGS:SNCR Share Price ** NasdaqGS (2019-03-20) in USD $6.52
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Synchronoss Technologies.

NasdaqGS:SNCR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SNCR Share Price ÷ EPS (both in USD)

= 6.52 ÷ -6.51

-1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Synchronoss Technologies is loss making, we can't compare its value to the US Software industry average.
  • Synchronoss Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Synchronoss Technologies's expected growth come at a high price?
Raw Data
NasdaqGS:SNCR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
66.9%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Synchronoss Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Synchronoss Technologies's assets?
Raw Data
NasdaqGS:SNCR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $4.68
NasdaqGS:SNCR Share Price * NasdaqGS (2019-03-20) in USD $6.52
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqGS:SNCR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SNCR Share Price ÷ Book Value per Share (both in USD)

= 6.52 ÷ 4.68

1.39x

* Primary Listing of Synchronoss Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Synchronoss Technologies is good value based on assets compared to the US Software industry average.
X
Value checks
We assess Synchronoss Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Synchronoss Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SNCR Future Performance

 How is Synchronoss Technologies expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
66.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Synchronoss Technologies expected to grow at an attractive rate?
  • Unable to compare Synchronoss Technologies's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Synchronoss Technologies'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.
  • Synchronoss Technologies's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SNCR Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SNCR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 66.9%
NasdaqGS:SNCR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.1%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SNCR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SNCR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 361 51 -69 2
2019-12-31 344 30 -102 2
NasdaqGS:SNCR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 326 -31 -262
2018-09-30 350 -78 -220
2018-06-30 358 -69 -210
2018-03-31 400 -15 -182
2017-12-31 402 -18 -185
2017-09-30 403 71 -139
2017-06-30 432 31 -102
2017-03-31 434 69 -93
2016-12-31 426 105 -79
2016-09-30 270 48 -119
2016-06-30 301 83 -102
2016-03-31 318 115 -76

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Synchronoss Technologies is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Synchronoss Technologies's revenue is expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SNCR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Synchronoss Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SNCR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -2.69 -2.69 -2.69 1.00
2019-12-31 -2.54 -2.37 -2.71 2.00
NasdaqGS:SNCR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -6.51
2018-09-30 -5.31
2018-06-30 -4.90
2018-03-31 -4.13
2017-12-31 -4.14
2017-09-30 -3.13
2017-06-30 -2.31
2017-03-31 -2.13
2016-12-31 -1.81
2016-09-30 -2.74
2016-06-30 -2.37
2016-03-31 -1.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Synchronoss Technologies will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Synchronoss Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Synchronoss Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SNCR Past Performance

  How has Synchronoss Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Synchronoss Technologies's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Synchronoss Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Synchronoss Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Synchronoss Technologies's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
Synchronoss Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Synchronoss Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SNCR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 325.84 -262.04 122.11 79.17
2018-09-30 350.00 -220.49 148.86 83.41
2018-06-30 357.73 -209.89 156.62 85.65
2018-03-31 399.97 -182.42 151.43 86.27
2017-12-31 402.36 -184.93 141.04 90.85
2017-09-30 403.11 -138.91 122.86 96.82
2017-06-30 432.03 -101.73 116.70 106.93
2017-03-31 434.15 -93.09 117.73 114.16
2016-12-31 426.29 -78.67 115.33 114.49
2016-09-30 270.22 -118.56 105.81 109.20
2016-06-30 301.16 -102.17 98.35 102.15
2016-03-31 317.88 -75.86 87.88 96.57
2015-12-31 372.56 -37.15 83.29 92.76
2015-09-30 551.83 48.98 80.67 88.19
2015-06-30 526.13 48.66 81.19 85.26
2015-03-31 491.76 41.87 79.63 80.10
2014-12-31 307.30 -2.02 74.58 73.62
2014-09-30 424.31 41.15 70.90 69.12
2014-06-30 388.85 35.41 65.08 64.61
2014-03-31 369.25 30.46 62.87 63.67
2013-12-31 349.05 23.35 60.40 64.85
2013-09-30 325.02 10.93 57.21 63.85
2013-06-30 304.27 13.54 51.93 59.94
2013-03-31 287.41 22.08 48.04 56.15
2012-12-31 273.69 27.08 43.78 52.31
2012-09-30 262.66 31.84 44.70 48.60
2012-06-30 252.94 29.22 45.54 46.83
2012-03-31 240.77 20.59 45.13 44.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Synchronoss Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Synchronoss Technologies has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Synchronoss Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Synchronoss Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Synchronoss Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SNCR Health

 How is Synchronoss Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Synchronoss Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Synchronoss Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Synchronoss Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Synchronoss Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Synchronoss Technologies Company Filings, last reported 2 months ago.

NasdaqGS:SNCR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 376.20 123.04 132.00
2018-09-30 480.18 238.77 229.43
2018-06-30 522.19 239.06 228.20
2018-03-31 568.57 238.91 312.45
2017-12-31 488.87 238.89 159.41
2017-09-30 472.93 1,108.21 214.24
2017-06-30 499.24 1,116.20 223.72
2017-03-31 511.32 1,119.79 231.14
2016-12-31 555.08 267.74 182.31
2016-09-30 683.79 277.02 140.29
2016-06-30 661.21 286.21 173.30
2016-03-31 686.04 289.28 176.80
2015-12-31 671.27 238.22 213.99
2015-09-30 595.73 243.89 210.80
2015-06-30 571.92 243.84 241.99
2015-03-31 535.14 244.06 207.44
2014-12-31 529.11 239.20 287.06
2014-09-30 504.71 239.23 303.25
2014-06-30 486.61 9.26 80.48
2014-03-31 466.46 9.25 58.39
2013-12-31 447.64 9.25 72.62
2013-09-30 418.86 9.26 44.98
2013-06-30 394.20 9.26 59.20
2013-03-31 384.45 9.26 66.51
2012-12-31 374.66 9.54 56.22
2012-09-30 373.64 9.26 118.00
2012-06-30 367.60 9.25 100.26
2012-03-31 349.36 9.25 130.49
  • Synchronoss Technologies's level of debt (32.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2.1% vs 32.7% today).
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.

  • Synchronoss Technologies has sufficient cash runway for 2.3 years based on current free cash flow.
  • Synchronoss Technologies has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 105.3% each year.
X
Financial health checks
We assess Synchronoss Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Synchronoss Technologies has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SNCR Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Synchronoss Technologies dividends.
If you bought $2,000 of Synchronoss Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Synchronoss Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Synchronoss Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SNCR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SNCR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Synchronoss Technologies has not reported any payouts.
  • Unable to verify if Synchronoss Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Synchronoss Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Synchronoss Technologies 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.
X
Income/ dividend checks
We assess Synchronoss Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Synchronoss Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Synchronoss Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SNCR Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Glenn Lurie
COMPENSATION $10,875,461
AGE 53
TENURE AS CEO 1.3 years
CEO Bio

Mr. Glenn Lurie serve as Director of Avis Budget Group Inc. since May 23, 2018. He has been the Chief Executive Officer of Synchronoss Technologies, Inc. since November 16, 2017 and serves as its President. Mr. Lurie served as the Chief Executive Officer and President of AT&T Mobility LLC from August 26, 2014 to September 2017. He served as the President of Emerging Devices AT&T Mobility and Consumer Markets from 2008 to 2011. He served as the President of AT&T Mobility's Emerging Enterprises and Partnerships business from 2011 to 2014 and helped lead AT&T's efforts in home automation and connected car technologies. He served as the President of National Distribution, President of AT&T's West Region, Regional Vice President for the California/Hawaii Region and Vice President and General Manager for the Los Angeles/Southern California market. He has been Vice Chairman of Cellular Telecommunications & Internet Association since January 1, 2015. He has been a Director of Synchronoss Technologies, Inc. since November 16, 2017. He is a Board Member and the 2018 Chair-Elect of the Metro Atlanta Chamber of Commerce. He also serves as the Chairman of the chamber's Mobility Task Force. He also serves on the Delphi Technology Advisory Council and is a Member of the Executive Advisory Board of Curing Kids Cancer and the Board of the Atlanta Concorde Fire Soccer Club. He serves as a Member of Technology Advisory Council at Delphi Automotive PLC. He served as a Member of the Board of Directors at Engage Ventures, LLC. He served as the Chairman of the board for the Consumer Technology Industry Association in 2016. He served as a Member of Board of Industry Leaders at Consumer Electronics Association. In 2014, he was named as one of 10 MobileGameChangers by Russell Reynolds Associates. He was named to the Global Telecom Business Power 100 list in 2011, 2012 and 2013, awarded Wireless Week's Telecom Leadership Award in 2010 and was presented the Atlanta Telecom Professional of the Year Award in 2009 from the Atlanta Telecom Professionals Association. Mr. Lurie holds a Bachelor of Arts in Business/Marketing from Seattle Pacific University from 1983 to 1987.

CEO Compensation
  • Insufficient data for Glenn to compare compensation growth.
  • Glenn's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Synchronoss Technologies management team in years:

1.6
Average Tenure
53
Average Age
  • The average tenure for the Synchronoss Technologies management team is less than 2 years, this suggests a new team.
Management Team

Stephen Waldis

TITLE
Founder & Executive Chairman
COMPENSATION
$7M
AGE
50
TENURE
19.2 yrs

Glenn Lurie

TITLE
CEO, President & Director
COMPENSATION
$11M
AGE
53
TENURE
1.3 yrs

Larry Irving

TITLE
Consultant
COMPENSATION
$5M
AGE
61
TENURE
0.6 yrs

Ron Hovsepian

TITLE
Consultant
COMPENSATION
$10M
AGE
57
TENURE
1.9 yrs

David Clark

TITLE
Chief Financial Officer
AGE
52
TENURE
0.6 yrs

Pat Doran

TITLE
Chief Technology Officer
AGE
45
TENURE
12.2 yrs

Joe Crivelli

TITLE
Vice President of Investor Relations
TENURE
0.3 yrs

Ronald Prague

TITLE
Chief Legal Officer & Secretary
COMPENSATION
$2M
AGE
54
TENURE
12.7 yrs

Mary Clark

TITLE
Chief Marketing Officer & Chief Product Officer
AGE
51
TENURE
1.2 yrs

Kevin Hunsaker

TITLE
Chief People Officer
AGE
53
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the Synchronoss Technologies board of directors in years:

7.5
Average Tenure
56
Average Age
  • The tenure for the Synchronoss Technologies board of directors is about average.
Board of Directors

Glenn Lurie

TITLE
CEO, President & Director
COMPENSATION
$11M
AGE
53
TENURE
1.3 yrs

William Cadogan

TITLE
Director
COMPENSATION
$285K
AGE
69
TENURE
13.4 yrs

Stephen Waldis

TITLE
Founder & Executive Chairman
COMPENSATION
$7M
AGE
50
TENURE
18.1 yrs

Thomas Hopkins

TITLE
Director
COMPENSATION
$278K
AGE
61
TENURE
14.3 yrs

Donnie Moore

TITLE
Independent Director
COMPENSATION
$275K
AGE
69
TENURE
11.9 yrs

Jim McCormick

TITLE
Independent Director
COMPENSATION
$265K
AGE
58
TENURE
19.2 yrs

Dave Schuette

TITLE
Member of Board of Advisors
COMPENSATION
$3M
AGE
52
TENURE
3.2 yrs

Lance Braunstein

TITLE
Member of Board of Advisors
TENURE
3.2 yrs

Jan Geldmacher

TITLE
Member of Board of Advisors
AGE
56
TENURE
3.2 yrs

Kyle Malady

TITLE
Member of Board of Advisors
AGE
50
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Nov 18 Buy David Clark Individual 15. Nov 18 15. Nov 18 10,000 $5.94 $59,400
06. Sep 18 Buy William Cadogan Individual 04. Sep 18 06. Sep 18 96,152 $6.08 $564,628
29. Aug 18 Buy William Cadogan Individual 27. Aug 18 29. Aug 18 47,500 $5.98 $274,690
16. Aug 18 Buy William Cadogan Individual 15. Aug 18 15. Aug 18 23,348 $5.10 $118,892
16. Aug 18 Buy William Cadogan Individual 14. Aug 18 16. Aug 18 33,000 $5.49 $172,370
X
Management checks
We assess Synchronoss Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Synchronoss Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SNCR News

Simply Wall St News

What does Synchronoss Technologies Inc's (NASDAQ:SNCR) Balance Sheet Tell Us Abouts Its Future?

On top of this, SNCR has generated $142.6M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 53.32%, indicating that SNCR’s debt is appropriately covered by operating cash. … In SNCR’s case, it is able to generate 0.53x cash from its debt capital. … SNCR's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: SNCR’s debt level is appropriate for a company its size, and it is also able to generate sufficient cash flow coverage, meaning it has been able to put its debt in good use.

Simply Wall St -

Is There An Opportunity With Synchronoss Technologies Inc's (SNCR) 45.45% Undervaluation?

Today, I will calculate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. … 5-year cash flow estimate 2017 2018 2019 2020 2021 Levered FCF (USD, Millions) $29.93 $22.40 $86.00 $100.62 $116.72 Source Analyst x1 Analyst x2 Analyst x1 Extrapolated @ (17%, capped from 19.31%) Extrapolated @ (16%, capped from 19.31%) Present Value Discounted @ 12.33% $26.65 $17.75 $60.68 $63.20 $65.27 Present Value of 5-year Cash Flow (PVCF)= $234 After calculating the present value of future cash flows in the intial 5-year period we need to calculate the Terminal Value, which accounts for all the future cash flows beyond the first stage. … NasdaqGS:SNCR Intrinsic Value Nov 13th 17 The assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.

Simply Wall St -

SNCR Company Info

Description

Synchronoss Technologies, Inc. provides cloud, digital, messaging, and Internet of things platforms, products, and solutions worldwide. Its products and services include cloud-based sync, backup, storage and content engagement capabilities, broadband connectivity solutions, analytics, white label messaging, and identity/access management that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, and multi-channel retailers, as well as other customers to accelerate and monetize value-add services for secure and broadband networks and connected devices. The company also provides Synchronoss Enterprise solutions, such as secure mobility management, data and analytics, and identity and access management solutions for the financial, healthcare, and life sciences markets; and Synchronoss Personal Cloud platform that delivers an operator-branded experience for subscribers to backup, restore, synchronize, and share their personal content across smartphones, tablets, computers, and other connected devices. Its products and platforms are designed to enable multiple converged communication services to manage across a range of distribution channels, such as e-commerce, m-commerce, telesales, customer stores, indirect, and other retail outlets. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was founded in 2000 and is headquartered in Bridgewater, New Jersey.

Details
Name: Synchronoss Technologies, Inc.
SNCR
Exchange: NasdaqGS
Founded: 2000
$260,699,415
39,984,573
Website: http://www.synchronoss.com
Address: Synchronoss Technologies, Inc.
200 Crossing Boulevard,
8th Floor,
Bridgewater,
New Jersey, 08807,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SNCR Common Stock Nasdaq Global Select US USD 15. Jun 2006
BST H6K Common Stock Boerse-Stuttgart DE EUR 15. Jun 2006
Number of employees
Current staff
Staff numbers
1,428
Synchronoss Technologies employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:06
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/13
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.