Financials Sýn hf.

Equities

SYN

IS0000020485

Wireless Telecommunications Services

Market Closed - Nasdaq Iceland 17:00:00 26/06/2024 BST 5-day change 1st Jan Change
32.8 ISK -2.96% Intraday chart for Sýn hf. -1.80% -30.95%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 12,391 10,375 11,561 19,417 16,103 11,923
Enterprise Value (EV) 1 23,596 27,656 26,980 33,490 32,329 30,519
P/E ratio 26.1 x -5.93 x -27.9 x 9.23 x 18.2 x 5.65 x
Yield - - - - - -
Capitalization / Revenue 0.56 x 0.52 x 0.56 x 0.89 x 0.7 x 0.51 x
EV / Revenue 1.07 x 1.4 x 1.3 x 1.54 x 1.41 x 1.3 x
EV / EBITDA 7.26 x 10.9 x 12.8 x 17.5 x 13.3 x 14 x
EV / FCF -23.4 x 27 x 10.9 x 17.6 x 36.5 x -10.1 x
FCF Yield -4.27% 3.7% 9.19% 5.69% 2.74% -9.85%
Price to Book 1.16 x 1.19 x 1.35 x 1.84 x 1.69 x 1.15 x
Nbr of stocks (in thousands) 296,441 296,441 296,441 296,441 268,377 251,002
Reference price 2 41.80 35.00 39.00 65.50 60.00 47.50
Announcement Date 01/03/19 26/02/20 24/02/21 16/02/22 15/02/23 27/02/24
1ISK in Million2ISK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 21,951 19,811 20,786 21,765 22,983 23,475
EBITDA 1 3,248 2,531 2,106 1,909 2,439 2,184
EBIT 1 1,203 502 161 734 1,452 1,108
Operating Margin 5.48% 2.53% 0.77% 3.37% 6.32% 4.72%
Earnings before Tax (EBT) 1 475 -1,982 -651 2,462 746 2,410
Net income 1 473 -1,748 -405 2,100 888 2,109
Net margin 2.15% -8.82% -1.95% 9.65% 3.86% 8.98%
EPS 2 1.600 -5.900 -1.400 7.100 3.300 8.400
Free Cash Flow 1 -1,008 1,023 2,479 1,907 885.8 -3,007
FCF margin -4.59% 5.17% 11.92% 8.76% 3.85% -12.81%
FCF Conversion (EBITDA) - 40.43% 117.69% 99.88% 36.32% -
FCF Conversion (Net income) - - - 90.79% 99.75% -
Dividend per Share - - - - - -
Announcement Date 01/03/19 26/02/20 24/02/21 16/02/22 15/02/23 27/02/24
1ISK in Million2ISK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 11,205 17,281 15,419 14,073 16,226 18,596
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.45 x 6.828 x 7.321 x 7.372 x 6.653 x 8.515 x
Free Cash Flow 1 -1,009 1,023 2,479 1,907 886 -3,007
ROE (net income / shareholders' equity) 4.54% -17.9% -4.67% 22% 8.88% 21.3%
ROA (Net income/ Total Assets) 2.86% 1.06% 0.32% 1.36% 2.58% 2.01%
Assets 1 16,516 -164,332 -126,483 154,185 34,457 104,858
Book Value Per Share 2 36.10 29.40 28.80 35.50 35.50 41.30
Cash Flow per Share 2 1.200 2.120 2.800 14.20 7.730 2.500
Capex 1 1,658 1,218 544 400 1,000 1,401
Capex / Sales 7.55% 6.15% 2.62% 1.84% 4.35% 5.97%
Announcement Date 01/03/19 26/02/20 24/02/21 16/02/22 15/02/23 27/02/24
1ISK in Million2ISK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA