Financials Sýn hf.

Equities

SYN

IS0000020485

Wireless Telecommunications Services

Market Closed - Nasdaq Iceland 10:38:42 2024-04-26 am EDT 5-day change 1st Jan Change
45.8 ISK -3.78% Intraday chart for Sýn hf. -3.78% -3.58%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 19,525 12,391 10,375 11,561 19,417 16,103
Enterprise Value (EV) 1 30,558 23,596 27,656 26,980 33,490 32,329
P/E ratio 16.5 x 26.1 x -5.93 x -27.9 x 9.23 x 18.2 x
Yield - - - - - -
Capitalization / Revenue 1.37 x 0.56 x 0.52 x 0.56 x 0.89 x 0.7 x
EV / Revenue 2.14 x 1.07 x 1.4 x 1.3 x 1.54 x 1.41 x
EV / EBITDA 9.74 x 7.26 x 10.9 x 12.8 x 17.5 x 13.3 x
EV / FCF 74.9 x -23.4 x 27 x 10.9 x 17.6 x 36.5 x
FCF Yield 1.33% -4.27% 3.7% 9.19% 5.69% 2.74%
Price to Book 1.98 x 1.16 x 1.19 x 1.35 x 1.84 x 1.69 x
Nbr of stocks (in thousands) 287,983 296,441 296,441 296,441 296,441 268,377
Reference price 2 67.80 41.80 35.00 39.00 65.50 60.00
Announcement Date 2/28/18 3/1/19 2/26/20 2/24/21 2/16/22 2/15/23
1ISK in Million2ISK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 14,268 21,951 19,811 20,786 21,765 22,983
EBITDA 1 3,137 3,248 2,531 2,106 1,909 2,439
EBIT 1 1,550 1,203 502 161 734 1,452
Operating Margin 10.86% 5.48% 2.53% 0.77% 3.37% 6.32%
Earnings before Tax (EBT) 1 1,176 475 -1,982 -651 2,462 746
Net income 1 1,086 473 -1,748 -405 2,100 888
Net margin 7.61% 2.15% -8.82% -1.95% 9.65% 3.86%
EPS 2 4.100 1.600 -5.900 -1.400 7.100 3.300
Free Cash Flow 1 407.9 -1,008 1,023 2,479 1,907 885.8
FCF margin 2.86% -4.59% 5.17% 11.92% 8.76% 3.85%
FCF Conversion (EBITDA) 13% - 40.43% 117.69% 99.88% 36.32%
FCF Conversion (Net income) 37.56% - - - 90.79% 99.75%
Dividend per Share - - - - - -
Announcement Date 2/28/18 3/1/19 2/26/20 2/24/21 2/16/22 2/15/23
1ISK in Million2ISK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 11,033 11,205 17,281 15,419 14,073 16,226
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.517 x 3.45 x 6.828 x 7.321 x 7.372 x 6.653 x
Free Cash Flow 1 408 -1,009 1,023 2,479 1,907 886
ROE (net income / shareholders' equity) 12.7% 4.54% -17.9% -4.67% 22% 8.88%
ROA (Net income/ Total Assets) 4.84% 2.86% 1.06% 0.32% 1.36% 2.58%
Assets 1 22,456 16,516 -164,332 -126,483 154,185 34,457
Book Value Per Share 2 34.20 36.10 29.40 28.80 35.50 35.50
Cash Flow per Share 2 1.070 1.200 2.120 2.800 14.20 7.730
Capex 1 1,135 1,658 1,218 544 400 1,000
Capex / Sales 7.95% 7.55% 6.15% 2.62% 1.84% 4.35%
Announcement Date 2/28/18 3/1/19 2/26/20 2/24/21 2/16/22 2/15/23
1ISK in Million2ISK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA