Synaptics Incorporated Intrinsic Value Calculator – State of New Jersey Common Pension Fund D Sells Shares of Synaptics Incorporated
July 21, 2023
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The state of New Jersey Common Pension Fund D recently announced the sale of shares of Synaptics Incorporated ($NASDAQ:SYNA) at Defense World. Synaptics Incorporated is a leading developer and supplier of human interface solutions, such as TouchPads, touchscreen solutions, and biometric security solutions, for the mobile, PC, and other consumer electronic markets. The company’s solutions are designed to enable users to interact with their devices more naturally and intuitively. Synaptics Incorporated currently offers a wide range of products and services, ranging from touchscreens and touchpads to biometric security solutions. The company also develops and designs innovative technologies that support the development of next-generation products and services.
In addition, they work closely with OEMs to develop comprehensive solutions that meet their needs. The company has a strong balance sheet and solid cash flows, which make them well-positioned to continue their growth in the near future. Synaptics Incorporated also has a diversified customer base, which includes many of the world’s leading consumer electronics manufacturers. With a strong financial position and a diverse customer base, Synaptics Incorporated is well-positioned to remain a leader in the Human Interface Solution industry for many years to come.
Market Price
The stock opened at $89.8 and closed at $87.0, a dip of 4.3% from the previous closing price of 90.9. This marked a significant drop for the technology company, which has been on a steady incline for the past several months. 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 |
| 1.6k | 179.9 | 11.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Synaptics Incorporated. More…
| Operations | Investing | Financing |
| 391.3 | -41.4 | -136.8 |
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 |
| 2.71k | 1.39k | 32.85 |
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 |
| 5.9% | 77.3% | 19.9% |
| FCF Margin | ROE | ROA |
| 20.5% | 15.2% | 7.4% |
Analysis – Synaptics Incorporated Intrinsic Value Calculator
At GoodWhale, we took a look at SYNAPTICS INCORPORATED‘s financials to provide an accurate valuation of its stock. Our proprietary Valuation Line found that the fair value of SYNAPTICS INCORPORATED shares is around $135.7. However, currently, SYNAPTICS INCORPORATED stocks are trading at $87.0, which is undervalued by 35.9%. This may present an opportunity for investors to purchase this stock at a good price. More…
Peers
The company’s products are used in a variety of applications, including smartphones, tablets, notebook computers, automotive systems and industrial robotics. Synaptics’ competitors in the human interface solutions market include AP Memory Technology Corp, Giga Device Semiconductor (Beijing) Inc, Quantum eMotion Inc.
– AP Memory Technology Corp ($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 is a leading developer of human interface solutions for mobile phones, notebook PCs, and other consumer electronics products. Recently, the State of New Jersey Common Pension Fund D sold its stake in the company, which caused the stock price of Synaptics to move lower on the same day. Despite this recent drop, investing analysis of Synaptics still looks positive. The company has a strong balance sheet with significant cash reserves, and has reported consistently increasing sales figures over the past several years.
Additionally, Synaptics has posted consistent profits for the last few quarters, which suggests that demand for their products remains strong. With a strong financial foundation and attractive products, Synaptics Incorporated could be a solid long-term investment opportunity.
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