0.10%
11.22%
2.91%
-1.29%
6.56%
-26.70%
-8.24%
AI Spotlight on SYNSAM
Company Description
Synsam AB (publ), through its subsidiaries, operates as an optical retailer in the Nordic Region.The company offers glasses, sunglasses, sports glasses, and contact lenses, as well as glasses and contact lens subscriptions, and eye examination services under the Synsam Lifestyle brand.It sells its products through directly owned and franchised stores, as well as through ecommerce in Sweden, Denmark, Norway, Iceland, and the Faroe Islands, and Finland.
As of December 31, 2021, Synsam AB (publ) had 500 stores.Synsam AB (publ) was founded in 1968 and is headquartered in Stockholm, Sweden.
Market Data
| Last Price | 49.55 |
| Change Percentage | 0.10% |
| Open | 49.5 |
| Previous Close | 49.5 |
| Market Cap ( Millions) | 7325 |
| Volume | 67460 |
| Year High | 60 |
| Year Low | 37.75 |
| M A 50 | 44.59 |
| M A 200 | 48.73 |
Financial Ratios
| FCF Yield | 13.02% |
| Dividend Yield | 3.63% |
| ROE | 13.97% |
| Debt / Equity | 131.31% |
| Net Debt / EBIDTA | 171.71% |
| Price To Book | 2.92 |
| Price Earnings Ratio | 20.81 |
| Price To FCF | 7.68 |
| Price To sales | 1.17 |
| EV / EBITDA | 6.33 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Synsam Lifestyle
Expected Growth : 8 %
What the company do ?
Synsam Lifestyle is a loyalty program from Synsam AB (publ) offering exclusive benefits, discounts, and services to its members, enhancing their eye care experience.
Why we expect these perspectives ?
Synsam Lifestyle's 8% growth is driven by increasing demand for premium eyewear, successful marketing campaigns, and strategic partnerships. Expansion into new markets, particularly in the Nordics, has also contributed to growth. Furthermore, the segment has benefited from the company's focus on digitalization, enhancing the customer experience and driving sales.
Segment n°2 -> Other Sales of Goods and Services
Expected Growth : 8 %
What the company do ?
Other Sales of Goods and Services from Synsam AB (publ) refers to revenue generated from sales of optical products and services outside of Sweden, including Denmark, Norway, and other countries.
Why we expect these perspectives ?
Synsam AB's 8% growth in Other Sales of Goods and Services is driven by increasing demand for eye care services, expansion of online sales channels, and strategic partnerships with healthcare providers. Additionally, the company's focus on sustainability and eco-friendly products has attracted environmentally conscious consumers, contributing to the growth.
Synsam Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| Eyeglasses | Synsam offers a wide range of eyeglasses for men, women, and children, including designer brands and in-house labels. |
| Contact Lenses | Synsam provides a variety of contact lenses, including daily disposables, monthly lenses, and colored lenses. |
| Sunglasses | Synsam offers a wide selection of sunglasses from popular brands, including designer and sports-oriented models. |
| Eye Examinations | Synsam offers comprehensive eye examinations for adults and children, including refraction, retinoscopy, and ophthalmoscopy. |
| Hearing Aids | Synsam provides a range of hearing aids from leading manufacturers, including discreet and invisible models. |
| Hearing Tests | Synsam offers hearing tests and assessments to identify hearing loss and recommend suitable solutions. |
Synsam AB (publ)'s Porter Forces
Threat Of Substitutes
Synsam AB (publ) operates in the eyewear industry, where substitutes are available in the form of contact lenses and eye surgery. However, these substitutes are not highly preferred by customers, and glasses remain the most popular choice.
Bargaining Power Of Customers
Synsam AB (publ) has a large customer base, but individual customers do not have significant bargaining power. The company's strong brand and wide range of products reduce the bargaining power of customers.
Bargaining Power Of Suppliers
Synsam AB (publ) relies on a few large suppliers for its eyewear products. While the company has some bargaining power due to its large orders, suppliers also have some power due to the specialized nature of the products.
Threat Of New Entrants
The eyewear industry has high barriers to entry, including significant capital requirements and the need for specialized expertise. This reduces the threat of new entrants for Synsam AB (publ).
Intensity Of Rivalry
The eyewear industry is highly competitive, with several large players competing for market share. Synsam AB (publ) faces intense competition from other eyewear retailers, which can lead to pricing pressure and advertising wars.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 52.81% |
| Debt Cost | 5.75% |
| Equity Weight | 47.19% |
| Equity Cost | 5.75% |
| WACC | 5.75% |
| Leverage | 111.93% |
Synsam AB (publ) : Quality Control
Synsam AB (publ) passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TDVOX.ST | Tobii Dynavox AB (Publ) develops and sells assistive technology products for communication in Sweden and internationally. The company provides technology and solutions for augmentative and alternative communication for people with … |
| TSTL.L | Tristel plc develops, manufactures, and sells infection prevention products in the United Kingdom and internationally. The company operates through three segments: Hospital Medical Device Decontamination, Hospital Environmental Surface Disinfection, and … |
| VBSN.SW | IVF Hartmann Holding AG provides medical consumer goods in Switzerland and internationally. The company offers surgical disposable instruments, blankets, clothing and gloves, disinfection and hygiene products, wound management and hydrotherapy … |
| SKAN.SW | SKAN Group AG provides isolators, cleanroom devices, and decontamination processes for pharmaceutical and chemical industries in Asia, Europe, the Americas, and internationally. It operates in two segments: Equipment and Solutions … |
| BIOT.ST | Biotage AB (publ) provides separation technologies in the areas of organic and analytical chemistry, biomolecules, and industrial scale up applications. The company offers organic and peptide synthesis solutions; flash chromotherapy, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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IVF Hartmann Holding
A-Score
1-Year Total Return ->
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Synsam
A-Score
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SKAN
A-Score
1-Year Total Return ->
4
Biotage
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1-Year Total Return ->
5
Tristel
A-Score
1-Year Total Return ->
6
