Synaptics Incorporated Intrinsic Value Calculator – SYNAPTICS INCORPORATED Reports Fourth Quarter FY2023 Earnings Results on August 3 2023
August 12, 2023
🌥️Earnings Overview
On August 3 2023, SYNAPTICS INCORPORATED ($NASDAQ:SYNA) reported its earnings results for the fourth quarter of FY2023, ending June 30 2023. Total revenue for this period was USD 227.3 million, a decrease of 52.3% from FY2022. Net income was USD -23.4 million, compared to the year prior when it was USD 82.9 million.
Share Price
The company’s stock opened at $87.0 and closed at $89.8, marking a 1.8% increase from its previous closing price of 88.2. This increase reflects the company’s strong financial performance during the quarter, which was driven by a combination of revenue growth and improved operating efficiency. The impressive financial results demonstrate the effectiveness of SYNAPTICS INCORPORATED‘s strategy for growth and profitability.
Their focus on product innovation, operational efficiency and customer service has allowed them to consistently deliver strong financial performance over the past several quarters. With this performance, they have reaffirmed their position as a leader in the industry and reaffirmed their commitment to creating long-term value for their shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Synaptics Incorporated. More…
| Total Revenues | Net Income | Net Margin |
| 1.36k | 73.6 | 5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Synaptics Incorporated. More…
| Operations | Investing | Financing |
| 331.5 | -6 | -221.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Synaptics Incorporated. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.61k | 1.37k | 31.46 |
Key Ratios Snapshot
Some of the financial key ratios for Synaptics Incorporated are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.5% | 14.8% | 11.4% |
| FCF Margin | ROE | ROA |
| 21.9% | 7.5% | 3.7% |
Analysis – Synaptics Incorporated Intrinsic Value Calculator
At GoodWhale, we believe that analyzing fundamentals is an important part of the stock evaluation process. That’s why we provide a comprehensive analysis of SYNAPTICS INCORPORATED‘s financial fundamentals, which can be used to assess its potential as an investment opportunity. Based on our proprietary Valuation Line, the fair value of SYNAPTICS INCORPORATED share is around $134.3. However, right now the stock is traded at $89.8, which implies that it is undervalued by 33.1%. Considering this, SYNAPTICS INCORPORATED could be a good option for long-term investments. We hope that our analysis of SYNAPTICS INCORPORATED will help you make an informed decision. Good luck! More…
Peers
The company’s products are used in a variety of applications, including smartphones, tablets, notebook computers, automotive systems and industrial robotics. Synaptics’ competitors in the human interface solutions market include AP Memory Technology Corp, Giga Device Semiconductor (Beijing) Inc, Quantum eMotion Inc.
– AP Memory Technology Corp ($TWSE:6531)
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. The company has manufacturing facilities in Asia, the United States, and Europe.
– Giga Device Semiconductor (Beijing) Inc ($SHSE:603986)
Giga Device Semiconductor (Beijing) Inc is a Chinese semiconductor company with a market cap of 57.27B as of 2022. The company has a Return on Equity of 14.43%. Giga Device Semiconductor (Beijing) Inc is a leading fabless semiconductor company that designs, develops, and markets high-performance integrated circuits (ICs). The company’s products are used in a wide range of applications, including mobile devices, computers, consumer electronics, and automotive electronics.
– Quantum eMotion Inc ($TSXV:QNC)
Quantum eMotion Inc is a publicly traded company with a market cap of 14.89M as of 2022. The company has a Return on Equity of -22.72%. Quantum eMotion Inc is a provider of digital motion capture solutions. The company’s products are used in the film, television, video game, and virtual reality industries.
Summary
Synaptics Incorporated‘s fourth quarter performance was significantly lower on both the top and bottom lines compared to the same period last year. Investors should monitor the company’s performance closely to understand the impact of the current macroeconomic environment and any potential recovery in the near future. With a weak earnings report, Synaptics Incorporated appears to be an uncertain investment in the short-term, but it may still be a good long-term option with the ability to turn things around in the coming quarters.
