Analysis Syrma SGS Technology Limited (SYRMA)
6/4/2024
Analysis of Syrma SGS Technology Limited (SYRMA)
SYRMA SGS Technology Limited has shown some volatility in its stock price recently. The RSI indicator has been fluctuating around the 50-60 range, indicating some indecision in the market. The MACD indicator has been positive, suggesting a bullish momentum, but the MACD histogram has been decreasing, which could indicate a potential reversal.The moving averages (SMA, EMA, WMA) have been relatively close to each other, indicating a stable trend. However, the price has been moving above and below these averages, showing some uncertainty in the market.
Overall, SYRMA SGS Technology Limited seems to be in a consolidation phase, with mixed signals from the indicators. Traders and investors may want to wait for more clarity in the price action before making any significant trading decisions.
Earnings
The company's results for the most recent quarter, as of April 30, 2025, have not been provided at this time. The previous results from February 27, 2025, were handled by the Transfer Agent. The results from January 31, 2025, were released after hours. The results from October 31, 2024, were not provided at the time. The results from August 1, 2024, showed an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a healthy balance sheet showing a current ratio slightly above 1. The profit margin and operating margin are also favorable, indicating efficient operations. The company's fiscal year ends in September 2023, and key income statement figures include EBITDA, revenue, diluted EPS, gross profit, and net income. Return on assets and return on equity metrics are also provided.
Stock statistics show details such as short ratio, float shares, shares outstanding, and percentages held by insiders and institutions. Valuation metrics include PEG ratio, forward and trailing P/E ratios, enterprise value, price to book, price to sales, and various enterprise multiples. Market capitalization is also provided.
The stock price summary includes beta, moving averages, fifty-two week high and low prices, and the percentage change over the past year. Dividends and splits information covers payout ratio, dividend dates, split dates, dividend rates, and yield metrics.
Overall, the data provides a comprehensive overview of the company's financial performance, stock metrics, valuation, stock price movements, and dividend history.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the cost of goods sold has also been rising, indicating that the company is facing higher production costs or selling prices.
3. The gross profit margin has remained relatively stable, with gross profit ranging from around $105 billion to $169 billion.
4. Operating income has shown an upward trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
5. Earnings before interest and taxes (EBIT) have also been increasing, indicating improved operational efficiency and profitability.
6. Net income has shown a consistent growth pattern, reaching $97 billion in 2023 from $57.4 billion in 2020.
7. The company has been able to maintain a healthy net income margin, despite the increase in revenue and operating expenses.
8. Earnings per share (EPS) have also been on the rise, reflecting the company's ability to generate more profits for its shareholders.
9. The company's effective tax rate has remained relatively stable over the years, indicating consistent tax planning strategies.
10. Overall, the financial performance of the company seems to be strong and improving, with a focus on revenue growth, cost management, and profitability.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, from $323.9 billion in 2018 to $352.8 billion in 2023.
2. Current assets have fluctuated but generally increased over the years, indicating improved liquidity.
3. Non-current assets have shown an increasing trend, reflecting long-term investments and growth.
4. Total liabilities have also increased, but at a slower pace compared to assets.
5. Shareholders' equity has shown an increasing trend, indicating a positive retained earnings position.
6. The company has been investing in machinery, furniture, and equipment, as seen in the non-current assets section.
7. There is a significant amount of short-term debt, which should be monitored for liquidity management.
8. The company has been utilizing cash and cash equivalents for investments and operations, as seen in the current assets section.
9. Accumulated depreciation is significant, indicating the age and wear of the company's assets.
10. Overall, the financial position of the company seems stable and growing, with a focus on long-term investments and liquidity management.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. Financing activities show significant fluctuations, especially in common stock repurchases and long-term debt issuuance.
5. Investing activities also vary, with notable amounts spent on the sale and purchase of investments.
6. The end cash position has been fluctuating, reaching its highest value in 2020 and its lowest in 2022.
These conclusions provide insights into the company's financial performance and management of cash flows over the years.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This shows an improvement compared to the EPS of $1.17 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. The EPS estimate is also higher than the $1.35 reported in the same quarter last year.
3. Looking at the current fiscal year ending on September 30, 2024, analysts estimate an average EPS of $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This reflects growth compared to the EPS of $5.67 from the previous fiscal year.
4. For the next fiscal year ending on September 30, 2025, analysts project an average EPS of $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This forecast suggests a slight increase from the EPS of $6.10 in the current fiscal year.
Overall, the estimates indicate a positive outlook for the company's earnings per share, with expected growth in both the short term and the long term.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $77,545,400,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 25.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $85,501,800,000, showing a sales growth of 3% compared to the previous year's same quarter. The number of analysts providing estimates remains at 25.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $357,772,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates has increased to 38.
4. Looking ahead to the next fiscal year ending on September 30, 2025, the average sales estimate is $380,772,000,000, indicating a significant sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates remains at 38.
Overall, the estimates suggest a moderate but steady growth in sales for both the upcoming quarters and the fiscal years, with an increasing number of analysts providing their projections for the company's performance.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the near term compared to the past 5 years. However, the company is still projected to maintain a healthy growth rate over the next 5 years according to analyst consensus.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $275
- Median: $201.43
- Average: $204.58
- Current price: $192.25
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median forecast above the current price. The range between the low and high forecasts is quite wide, indicating some uncertainty or differing opinions among analysts.
MACD of SYRMA
This is not investment advice. Remember to verify the information provided here.
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