Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 4/6 |
Dividends | 2/6 |
SSNT Stock Overview
SilverSun Technologies, Inc. operates as a business application, technology, and consulting company in the United States.
SilverSun Technologies Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$2.74 |
52 Week High | US$14.87 |
52 Week Low | US$2.28 |
Beta | 1.36 |
1 Month Change | -4.53% |
3 Month Change | -19.17% |
1 Year Change | -75.45% |
3 Year Change | -7.12% |
5 Year Change | -29.74% |
Change since IPO | 238.27% |
Recent News & Updates
Is SilverSun Technologies (NASDAQ:SSNT) Using Debt In A Risky Way?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Investors Could Be Concerned With SilverSun Technologies' (NASDAQ:SSNT) Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Shareholder Returns
SSNT | US Software | US Market | |
---|---|---|---|
7D | 11.8% | 9.9% | 6.6% |
1Y | -75.4% | -18.1% | -18.5% |
Return vs Industry: SSNT underperformed the US Software industry which returned -18.1% over the past year.
Return vs Market: SSNT underperformed the US Market which returned -18.5% over the past year.
Price Volatility
SSNT volatility | |
---|---|
SSNT Average Weekly Movement | 7.2% |
Software Industry Average Movement | 11.1% |
Market Average Movement | 8.0% |
10% most volatile stocks in US Market | 16.6% |
10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SSNT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SSNT's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1988 | 165 | Mark Meller | https://www.silversuntech.com |
SilverSun Technologies, Inc. operates as a business application, technology, and consulting company in the United States. The company provides solutions for accounting and business management, financial reporting, managed services, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional services, specialized programming, training, and technical support.
SilverSun Technologies Fundamentals Summary
SSNT fundamental statistics | |
---|---|
Market Cap | US$14.07m |
Earnings (TTM) | -US$529.77k |
Revenue (TTM) | US$41.85m |
0.3x
P/S Ratio-26.6x
P/E RatioIs SSNT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
SSNT income statement (TTM) | |
---|---|
Revenue | US$41.85m |
Cost of Revenue | US$24.68m |
Gross Profit | US$17.17m |
Other Expenses | US$17.70m |
Earnings | -US$529.77k |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -0.10 |
Gross Margin | 41.02% |
Net Profit Margin | -1.27% |
Debt/Equity Ratio | 19.2% |
How did SSNT perform over the long term?
See historical performance and comparisonDividends
21.9%
Current Dividend Yieldn/a
Payout RatioValuation
Is SSNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SSNT?
Other financial metrics that can be useful for relative valuation.
What is SSNT's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$14.07m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.2x |
Enterprise Value/EBITDA | 46x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does SSNT's PS Ratio compare to its peers?
SSNT PS Ratio vs Peers |
---|
Company | PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 3.3x |
Price-To-Sales vs Peers: SSNT is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (3.3x).
Price to Earnings Ratio vs Industry
How does SSNT's PE Ratio compare vs other companies in the U.S. Software Industry?
Price-To-Sales vs Industry: SSNT is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Software industry average (4.7x)
Price to Sales Ratio vs Fair Ratio
What is SSNT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 0.3x |
Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate SSNT's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SSNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SSNT ($2.74) is trading below our estimate of fair value ($4.65)
Significantly Below Fair Value: SSNT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SSNT's PEG Ratio to determine if it is good value.
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Future Growth
How is SilverSun Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
20.2%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SilverSun Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether SilverSun Technologies is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
Past Performance
How has SilverSun Technologies performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-16.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSNT is currently unprofitable.
Growing Profit Margin: SSNT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SSNT is unprofitable, and losses have increased over the past 5 years at a rate of 16.8% per year.
Accelerating Growth: Unable to compare SSNT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SSNT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).
Return on Equity
High ROE: SSNT has a negative Return on Equity (-5.66%), as it is currently unprofitable.
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Financial Health
How is SilverSun Technologies's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SSNT's short term assets ($10.4M) exceed its short term liabilities ($7.7M).
Long Term Liabilities: SSNT's short term assets ($10.4M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: SSNT has more cash than its total debt.
Reducing Debt: SSNT's debt to equity ratio has increased from 14% to 19.2% over the past 5 years.
Debt Coverage: SSNT's debt is well covered by operating cash flow (40%).
Interest Coverage: Insufficient data to determine if SSNT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Dividend
What is SilverSun Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
21.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSNT's dividend (21.9%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: SSNT's dividend (21.9%) is in the top 25% of dividend payers in the US market (4.24%)
Stability and Growth of Payments
Stable Dividend: SSNT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SSNT's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (537.9%), SSNT's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Mark Meller (61 yo)
18.75yrs
Tenure
US$936,238
Compensation
Mr. Mark Meller has been the Chief Executive Officer of SWK Technologies, Inc. since May 27, 2016. Mr. Meller has been the Chief Executive Officer of SilverSun Technologies, Inc. since September 1, 2004 an...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD936.24K) is about average for companies of similar size in the US market ($USD752.25K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: SSNT's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: SSNT's board of directors are considered experienced (8.1 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SilverSun Technologies, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: SilverSun Technologies, Inc.
- Ticker: SSNT
- Exchange: NasdaqCM
- Founded: 1988
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: US$14.073m
- Shares outstanding: 5.14m
- Website: https://www.silversuntech.com
Number of Employees
Location
- SilverSun Technologies, Inc.
- 120 Eagle Rock Avenue
- Suite 330
- East Hanover
- New Jersey
- 7936
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/25 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.