Company Valuation: Synectics plc

Data adjusted to current consolidation scope
Fiscal Period: November 2019 2020 2021 2022 2023 2024
Capitalization 1 25.6 18.05 19 19 17.73 51.51
Change - -29.5% 5.28% 0% -6.67% 190.48%
Enterprise Value (EV) 1 22.02 13.97 17.2 17.56 15.07 43.84
Change - -36.54% 23.09% 2.13% -14.21% 190.97%
P/E ratio 15.9x -3.88x -39.7x 13x 8.2x 16.7x
PBR 0.62x 0.49x 0.54x 0.51x 0.46x 1.25x
PEG - 0x 0.4x -0x 0.2x 0.4x
Capitalization / Revenue 0.37x 0.4x 0.44x 0.49x 0.36x 0.92x
EV / Revenue 0.32x 0.31x 0.39x 0.45x 0.31x 0.79x
EV / EBITDA 7.07x -2.98x -27.6x 11.3x 4.48x 8.64x
EV / EBIT 8.51x -2.66x -20x 15.9x 4.93x 9.15x
EV / FCF -9.21x 2.31x -10.7x -19.7x 21.9x 7.93x
FCF Yield -10.9% 43.3% -9.33% -5.08% 4.56% 12.6%
Dividend per Share 2 0.013 - 0.015 0.02 0.03 0.045
Rate of return 0.85% - 1.33% 1.78% 2.86% 1.48%
EPS 2 0.096 -0.277 -0.0284 0.0867 0.128 0.183
Distribution rate 13.5% - -52.9% 23.1% 23.4% 24.6%
Net sales 1 68.51 44.65 43.6 39.12 49.13 55.81
EBITDA 1 3.116 -4.691 -0.622 1.548 3.361 5.072
EBIT 1 2.587 -5.25 -0.862 1.102 3.056 4.792
Net income 1 1.63 -4.671 -0.479 1.465 2.163 3.179
Net Debt 1 -3.58 -4.074 -1.802 -1.436 -2.666 -7.669
Reference price 2 1.525 1.075 1.125 1.125 1.050 3.050
Nbr of stocks (in thousands) 16,784 16,787 16,889 16,889 16,889 16,889
Announcement Date 23/03/20 23/03/21 04/03/22 22/02/23 19/03/24 01/04/25
1GBP in Million2GBP
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 64.44M
-71.88x5.37x11.71x - 17.09B
20.03x1.41x7.79x1.94% 14.05B
15.07x0.75x7.79x3.38% 8.6B
13.33x1.19x5.36x4% 2.67B
8.97x1.48x8.34x - 2.29B
58.6x - - - 1.95B
12.6x0.57x5.04x5.4% 1.55B
9.24x0.86x4.77x6.18% 1.04B
Average 8.24x 1.66x 7.26x 4.18% 5.48B
Weighted average by Cap. -12.54x 2.67x 8.94x 2.93%
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Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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