SYLOGIST LTD (SYZ.CA) Stock Fundamental Analysis
Canada - TSX:SYZ - CA87132P1027 - Common Stock
7.57 CAD
+0.02 (+0.26%)
We assign a fundamental rating of 4 out of 10 to SYZ. SYZ was compared to 64 industry peers in the Software industry. While SYZ seems to be doing ok healthwise, there are quite some concerns on its profitability. SYZ is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SYZ has reported negative net income.
SYZ had a positive operating cash flow in the past year.
Of the past 5 years SYZ 4 years were profitable.
In the past 5 years SYZ always reported a positive cash flow from operatings.
1.2 Ratios
SYZ has a Return On Assets (-3.32%) which is comparable to the rest of the industry.
SYZ has a Return On Equity (-8.26%) which is comparable to the rest of the industry.
The Return On Invested Capital of SYZ (0.47%) is better than 62.50% of its industry peers.
SYZ had an Average Return On Invested Capital over the past 3 years of 4.06%. This is significantly below the industry average of 12.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.32% | ||
| ROE | -8.26% | ||
| ROIC | 0.47% |
ROA(3y)0.98%
ROA(5y)2.02%
ROE(3y)2.45%
ROE(5y)4.08%
ROIC(3y)4.06%
ROIC(5y)4.59%
1.3 Margins
SYZ has a Operating Margin (0.60%) which is in line with its industry peers.
SYZ's Operating Margin has declined in the last couple of years.
SYZ's Gross Margin of 58.87% is fine compared to the rest of the industry. SYZ outperforms 64.06% of its industry peers.
SYZ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.6% | ||
| PM (TTM) | N/A | ||
| GM | 58.87% |
OM growth 3Y-37.04%
OM growth 5Y-32.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.68%
GM growth 5Y-4.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SYZ is destroying value.
The number of shares outstanding for SYZ remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SYZ has less shares outstanding
Compared to 1 year ago, SYZ has a worse debt to assets ratio.
2.2 Solvency
SYZ has an Altman-Z score of 1.88. This is not the best score and indicates that SYZ is in the grey zone with still only limited risk for bankruptcy at the moment.
SYZ has a Altman-Z score (1.88) which is in line with its industry peers.
The Debt to FCF ratio of SYZ is 2.39, which is a good value as it means it would take SYZ, 2.39 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SYZ (2.39) is better than 67.19% of its industry peers.
SYZ has a Debt/Equity ratio of 0.57. This is a neutral value indicating SYZ is somewhat dependend on debt financing.
SYZ's Debt to Equity ratio of 0.57 is in line compared to the rest of the industry. SYZ outperforms 43.75% of its industry peers.
Even though the debt/equity ratio score it not favorable for SYZ, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | 1.88 |
ROIC/WACC0.04
WACC10.48%
2.3 Liquidity
SYZ has a Current Ratio of 0.71. This is a bad value and indicates that SYZ is not financially healthy enough and could expect problems in meeting its short term obligations.
SYZ has a worse Current ratio (0.71) than 65.63% of its industry peers.
SYZ has a Quick Ratio of 0.71. This is a bad value and indicates that SYZ is not financially healthy enough and could expect problems in meeting its short term obligations.
SYZ has a Quick ratio of 0.71. This is in the lower half of the industry: SYZ underperforms 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The earnings per share for SYZ have decreased strongly by -3150.00% in the last year.
SYZ shows a decrease in Revenue. In the last year, the revenue decreased by -4.15%.
SYZ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.77% yearly.
EPS 1Y (TTM)-3150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-485.71%
Revenue 1Y (TTM)-4.15%
Revenue growth 3Y19.25%
Revenue growth 5Y11.77%
Sales Q2Q%-9.97%
3.2 Future
SYZ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 129.58% yearly.
Based on estimates for the next years, SYZ will show a quite strong growth in Revenue. The Revenue will grow by 13.68% on average per year.
EPS Next Y-201.6%
EPS Next 2Y135.66%
EPS Next 3Y129.58%
EPS Next 5YN/A
Revenue Next Year-3.06%
Revenue Next 2Y1.87%
Revenue Next 3Y3.81%
Revenue Next 5Y13.68%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SYZ reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
SYZ is valuated quite expensively with a Price/Forward Earnings ratio of 59.17.
64.06% of the companies in the same industry are more expensive than SYZ, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.70. SYZ is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 59.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SYZ indicates a somewhat cheap valuation: SYZ is cheaper than 71.88% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SYZ is valued a bit cheaper than 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.22 | ||
| EV/EBITDA | 17.8 |
4.3 Compensation for Growth
A more expensive valuation may be justified as SYZ's earnings are expected to grow with 129.58% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y135.66%
EPS Next 3Y129.58%
5. Dividend
5.1 Amount
With a yearly dividend of 0.52%, SYZ is not a good candidate for dividend investing.
SYZ's Dividend Yield is rather good when compared to the industry average which is at 1.46. SYZ pays more dividend than 92.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, SYZ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
The dividend of SYZ decreases each year by -35.70%.
SYZ has paid a dividend for at least 10 years, which is a reliable track record.
SYZ has decreased its dividend recently.
Dividend Growth(5Y)-35.7%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of SYZ are negative and hence is the payout ratio. SYZ will probably not be able to sustain this dividend level.
DP-34.03%
EPS Next 2Y135.66%
EPS Next 3Y129.58%
TSX:SYZ (9/17/2025, 7:00:00 PM)
7.57
+0.02 (+0.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners35.31%
Inst Owner ChangeN/A
Ins Owners3.4%
Ins Owner ChangeN/A
Market Cap177.06M
Analysts82
Price Target10.63 (40.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend0.04
Dividend Growth(5Y)-35.7%
DP-34.03%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-328.97%
Min EPS beat(2)-397.1%
Max EPS beat(2)-260.84%
EPS beat(4)1
Avg EPS beat(4)-172.06%
Min EPS beat(4)-397.1%
Max EPS beat(4)197.03%
EPS beat(8)1
Avg EPS beat(8)-135.63%
EPS beat(12)3
Avg EPS beat(12)-100.26%
EPS beat(16)4
Avg EPS beat(16)-76.78%
Revenue beat(2)0
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-5.7%
Max Revenue beat(2)-1.11%
Revenue beat(4)0
Avg Revenue beat(4)-4.77%
Min Revenue beat(4)-6.13%
Max Revenue beat(4)-1.11%
Revenue beat(8)1
Avg Revenue beat(8)-3.09%
Revenue beat(12)4
Avg Revenue beat(12)-0.81%
Revenue beat(16)7
Avg Revenue beat(16)-0.18%
PT rev (1m)-19.61%
PT rev (3m)-19.61%
EPS NQ rev (1m)-150.04%
EPS NQ rev (3m)-122.23%
EPS NY rev (1m)-186%
EPS NY rev (3m)-186%
Revenue NQ rev (1m)-7.02%
Revenue NQ rev (3m)-5.94%
Revenue NY rev (1m)-5.31%
Revenue NY rev (3m)-4.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 59.17 | ||
| P/S | 2.77 | ||
| P/FCF | 22.22 | ||
| P/OCF | 22.25 | ||
| P/B | 5.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.8 |
EPS(TTM)-0.12
EYN/A
EPS(NY)0.13
Fwd EY1.69%
FCF(TTM)0.34
FCFY4.5%
OCF(TTM)0.34
OCFY4.49%
SpS2.73
BVpS1.42
TBVpS-1.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.32% | ||
| ROE | -8.26% | ||
| ROCE | 0.66% | ||
| ROIC | 0.47% | ||
| ROICexc | 0.51% | ||
| ROICexgc | N/A | ||
| OM | 0.6% | ||
| PM (TTM) | N/A | ||
| GM | 58.87% | ||
| FCFM | 12.47% |
ROA(3y)0.98%
ROA(5y)2.02%
ROE(3y)2.45%
ROE(5y)4.08%
ROIC(3y)4.06%
ROIC(5y)4.59%
ROICexc(3y)4.46%
ROICexc(5y)8.39%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.2%
ROCE(5y)7.98%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-32.36%
ROICexc growth 5Y-50.3%
OM growth 3Y-37.04%
OM growth 5Y-32.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.68%
GM growth 5Y-4.95%
F-Score4
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 2.39 | ||
| Debt/EBITDA | 1.77 | ||
| Cap/Depr | 0.09% | ||
| Cap/Sales | 0.01% | ||
| Interest Coverage | 0.35 | ||
| Cash Conversion | 74.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 1.88 |
F-Score4
WACC10.48%
ROIC/WACC0.04
Cap/Depr(3y)10.42%
Cap/Depr(5y)13.15%
Cap/Sales(3y)2.07%
Cap/Sales(5y)2.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-485.71%
EPS Next Y-201.6%
EPS Next 2Y135.66%
EPS Next 3Y129.58%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.15%
Revenue growth 3Y19.25%
Revenue growth 5Y11.77%
Sales Q2Q%-9.97%
Revenue Next Year-3.06%
Revenue Next 2Y1.87%
Revenue Next 3Y3.81%
Revenue Next 5Y13.68%
EBIT growth 1Y-90.09%
EBIT growth 3Y-24.92%
EBIT growth 5Y-24.29%
EBIT Next Year371.91%
EBIT Next 3Y95.7%
EBIT Next 5Y65.69%
FCF growth 1Y-11.28%
FCF growth 3Y-12.6%
FCF growth 5Y-6.01%
OCF growth 1Y-36.39%
OCF growth 3Y-13.37%
OCF growth 5Y-6.36%