0.00%
-0.18%
8.01%
-6.82%
18.29%
-42.81%
-42.52%
6.006.005.005.004.004.003.003.002.002.001.001.000.000.001/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/19701/1/1970

Company Description

SYNLAB AG provides clinical laboratory and medical diagnostic services for insurance companies, hospitals, pharmacies, national health organizations, practicing doctors, clinics, patients, governments, and corporations primarily in Europe.The company offers Coronavirus tests, and medical and veterinary diagnostics services.It operates through approximately 500 laboratories and 1,800 blood collection points in 36 countries in four continents.


The company was founded in 1998 and is headquartered in Munich, Germany.

Market Data

Last Price 11.06
Change Percentage -0.18%
Open 11.08
Previous Close 11.08
Market Cap ( Millions) 2431
Volume 140347
Year High 12.43
Year Low 8.02
M A 50 10.84
M A 200 11.02

Financial Ratios

FCF Yield 10.12%
Dividend Yield 2.98%
ROE 3.79%
Debt / Equity 38.99%
Net Debt / EBIDTA 259.34%
Price To Book 1.02
Price Earnings Ratio 27.2
Price To FCF 9.88
Price To sales 0.93
EV / EBITDA 7.5

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Human Medicine

Expected Growth : 9 %

What the company do ?

Human Medicine from SYNLAB AG refers to the diagnosis and treatment of diseases in humans, utilizing advanced laboratory testing and medical expertise.

Why we expect these perspectives ?

SYNLAB AG's Human Medicine segment growth is driven by increasing demand for diagnostic services, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on innovative testing solutions, digitalization, and personalized medicine contributes to its 9% growth rate.

Segment n°2 -> Veterinary Medicine

Expected Growth : 7 %

What the company do ?

Veterinary Medicine from SYNLAB AG provides diagnostic services and laboratory testing for animal health, supporting veterinarians in diagnosing and treating animal diseases.

Why we expect these perspectives ?

The 7% growth in Veterinary Medicine from SYNLAB AG is driven by increasing pet ownership, rising demand for animal health services, and advancements in diagnostic technologies. Additionally, the growing need for disease surveillance and monitoring, as well as the increasing importance of animal health in the food chain, contribute to this growth.

Segment n°3 -> Trading Goods and Services

Expected Growth : 6 %

What the company do ?

SYNLAB AG's Trading Goods and Services segment involves the sale of laboratory equipment, consumables, and services to external customers.

Why we expect these perspectives ?

SYNLAB AG's 6% growth in Trading Goods and Services is driven by increasing demand for diagnostic services, expansion into new markets, and strategic partnerships. Additionally, investments in digitalization and automation have improved operational efficiency, enabling the company to capitalize on growing healthcare expenditure and an aging population.

Segment n°4 -> Environmental and Other Analysis, Studies, Expertise

Expected Growth : 5 %

What the company do ?

Environmental and Other Analysis, Studies, Expertise from SYNLAB AG provides comprehensive testing, inspection, and certification services for environmental, food, and pharmaceutical industries.

Why we expect these perspectives ?

SYNLAB AG's 5% growth is driven by increasing demand for environmental testing and analysis, expansion into emerging markets, and strategic acquisitions. The company's expertise in providing comprehensive laboratory services, including water, air, and soil testing, positions it for growth in the environmental sector. Additionally, SYNLAB's investment in digitalization and automation enhances operational efficiency, further supporting its growth trajectory.

Segment n°5 -> Software Solutions and Services

Expected Growth : 8 %

What the company do ?

SYNLAB AG's Software Solutions and Services provide laboratory information systems, data analytics, and digital healthcare solutions to support medical diagnostics and research.

Why we expect these perspectives ?

SYNLAB AG's Software Solutions and Services segment growth is driven by increasing demand for digital healthcare solutions, expansion into new markets, strategic partnerships, and investments in AI-powered diagnostic tools. Additionally, the growing need for data analytics and interoperability in healthcare systems, as well as the rising adoption of cloud-based services, contribute to the segment's 8% growth.

Synlab Ag Products

Product Range What is it ?
Human Diagnostics SYNLAB AG offers a wide range of diagnostic tests and services for human health, including molecular diagnostics, microbiology, and pathology.
Veterinary Diagnostics SYNLAB provides diagnostic services for animal health, including testing for diseases, parasites, and contaminants in animals.
Environmental Diagnostics SYNLAB offers testing and analysis services for environmental samples, including water, air, and soil, to detect contaminants and pollutants.
Food Diagnostics SYNLAB provides testing and analysis services for food and beverages, including detection of contaminants, allergens, and adulterants.
Pharma and Biotech Services SYNLAB offers specialized testing and analysis services for the pharmaceutical and biotechnology industries, including bioanalysis, biomarker testing, and clinical trials support.

SYNLAB AG's Porter Forces

The threat of substitutes for SYNLAB AG is moderate due to the presence of alternative diagnostic services and products.

The bargaining power of customers is low due to the specialized nature of SYNLAB AG's services and the lack of alternative providers.

The bargaining power of suppliers is moderate due to the presence of multiple suppliers of diagnostic equipment and reagents.

The threat of new entrants is low due to the high barriers to entry in the diagnostic services industry, including regulatory hurdles and the need for specialized expertise.

The intensity of rivalry is high due to the presence of several established players in the diagnostic services industry, leading to intense competition for market share.

Capital Structure

Value
Debt Weight 31.20%
Debt Cost 8.41%
Equity Weight 68.80%
Equity Cost 8.41%
WACC 8.41%
Leverage 45.35%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
IPN.PA Ipsen S.A. operates as a biopharmaceutical company worldwide. The company provides drugs in the areas of oncology, neuroscience, gastroenterology, cognitive disorders, and rare diseases. It offers Somatuline for neuroendocrine tumors …
QIA.DE QIAGEN N.V. offers sample to insight solutions that transform biological materials into molecular insights worldwide. The company provides primary sample technology consumables, such as nucleic stabilization and purification kits for …
ERF.PA Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of approximately 200,000 analytical methods to evaluate the safety, identity, …
BIM.PA bioMérieux S.A. develops and produces in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers …
DIA.MI DiaSorin S.p.A. develops, manufactures, and distributes immunodiagnostics and molecular diagnostics testing kits in Europe, Africa, North America, Central and South America, the Asia Pacific, and China. The company provides various …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
11.06$
Current Price
11.06$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

ValueQualityYieldMomentumVolatilityGrowth
Company A-Score: 7.80Peer Group Average: 6.20Leader: 5.20

Peers Group Analysis

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