Synaptics Incorporated Intrinsic Value Calculator – Mirae Asset Global Investments Co. Ltd. Invests $5.51 Million in Synaptics Incorporated
December 2, 2023
☀️Trending News
Synaptics Incorporated ($NASDAQ:SYNA), a leading developer of human interface solutions for mobile and computing devices, has received a major investment from Mirae Asset Global Investments Co. Ltd. The company announced it received $5.51 million in stock holdings from the South Korean firm. This investment marks a major milestone for the company, as it is the first time Mirae Asset Global Investments Co. Ltd. has invested in Synaptics Incorporated. Through their cutting-edge technology, they are able to create intuitive user experiences for a range of products including smartphones and pen and touch solutions for notebooks and tablets. With this new investment, they will be able to continue to develop and grow their product offerings to meet the ever-changing needs of their customers.
This investment is also a big win for Mirae Asset Global Investments Co. Ltd., as Synaptics Incorporated is a well-established company with a strong track record of success. The two companies have already started collaborating on various projects, and this investment will help strengthen that relationship even further. With this additional financial support, Synaptics Incorporated will be able to expand its reach and bring more innovative products and services to the market.
Share Price
Following the news, SYNAPTICS INCORPORATED stock opened at $103.0 and closed at $105.0, marking an increase of 1.0% from the previous day’s closing price of 103.9. This investment comes as a testament to the company’s strong fundamentals and performance in the market, with its shares increasing in value over time. 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 |
| 1.14k | -46.6 | -3.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Synaptics Incorporated. More…
| Operations | Investing | Financing |
| 298.4 | -158.4 | -204.4 |
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 |
| 2.55k | 1.34k | 30.73 |
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 |
| -4.7% | -47.4% | 3.0% |
| FCF Margin | ROE | ROA |
| 11.6% | 1.8% | 0.8% |
Analysis – Synaptics Incorporated Intrinsic Value Calculator
At GoodWhale, we strive to provide our clients with the most accurate and up-to-date financial information that can help them make sound investment decisions. In this case, we have analyzed SYNAPTICS INCORPORATED‘s financials and believe that the fair value of its share is around $140.6. To arrive at this figure, we used our proprietary Valuation Line, which estimates a fair value based on the company’s performance and prospects. When compared to the current trading price of $105.0, this suggests that the SYNAPTICS INCORPORATED stock is currently undervalued by 25.3%. As such, we believe that now may be an opportune time to invest in the company. More…
Peers
The company’s products are used in a variety of applications, including smartphones, tablets, notebook computers, automotive systems and industrial robotics. Synaptics’ competitors in the human interface solutions market include AP Memory Technology Corp, Giga Device Semiconductor (Beijing) Inc, Quantum eMotion Inc.
– AP Memory Technology Corp ($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
Mirae Asset Global Investments Co. Ltd. has invested $5.51 million in Synaptics Incorporated, a leading provider of human interface solutions for mobile, PC and other consumer electronics products. The investment is a sign of confidence in the long-term performance of Synaptics and its current competitive position in the human interface industry. Analysts have noted that Synaptics has a market-leading portfolio of touch, display, biometrics, audio and voice solutions, which makes it well-positioned to benefit from the growing demand for intuitive user experiences.
Furthermore, Synaptics has made significant investments in research and development and expanded its product offering to include new features such as facial recognition, artificial intelligence and natural language processing. This makes it well-positioned to capitalize on the growing market for user interfaces.
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