One-glance verdict
Undervalued
$3.22 our estimate vs market $0.76
76% below our estimate, below the bear case
Fundamentals snapshot
Silynxcom Ltd.
SYNX · ASE · Technology · Communication Equipment
Current price
$0.76
52-week range
$0.73 - $1.95
Market cap
$5.05M
Balance sheet
Healthy
-34.85x Concerning
Net cash $1.49M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
2 Risks
1 rewards · 2 risks
- Reward Free cash flow was positive in 1/10 years.
- Risk Return on equity was -37.2% last year — the company lost money on shareholders' equity.
- Risk Operating margin compressed from 6.6% to -11.3% over 3 years.
What this company does
Silynxcom Ltd.
Silynxcom Ltd. makes tough communication gear like headsets and push-to-talk devices used by military and police forces worldwide. Their money mostly comes from selling these specialized products and offering support services, which matters because it shows how reliably they can bring in income from their customers.
How the company got here
Silynxcom Ltd. has a history rooted in acoustic engineering, evolving from a family music conservatory to developing hearing aids before focusing on advanced tactical audio systems. The company was officially incorporated in 2005, bringing its expertise in sound science to the defense and security markets. Today, Silynx is a publicly traded company whose products are used by military, law enforcement, and industrial professionals in over 40 countries. The company went public on the NYSE in January 2024.
What it actually does
Silynxcom Ltd. designs, manufactures, and sells ruggedized tactical communication headset devices and accessories. These products are built to withstand harsh conditions and are used by military, law enforcement, and industrial professionals who need reliable communication and hearing protection in high-risk environments. The company's core offerings include in-ear headsets, push-to-talk devices, and communication controllers.
In-Ear Headsets
This is Silynxcom's primary business line, focusing on in-ear headset devices designed for tactical use. These headsets provide clear communication, active hearing protection against loud noises (like gunfire or explosions), and allow users to hear ambient sounds (situational awareness) through proprietary 'HearThru' technology. They are designed to be lightweight and fit comfortably under helmets and other protective gear, making them ideal for soldiers, police officers, and other first responders. This segment represents the core of Silynx's revenue and product development efforts.
Communication Accessories
Beyond the main headset units, Silynxcom also offers a range of communication accessories. This includes push-to-talk (PTT) devices, which allow users to easily transmit radio communications with the press of a button, and communication controllers that can manage multiple radio channels. They also produce cables and connectors to ensure their headsets can interface with various professional-grade radios used by their customers. These accessories complement the headset systems and contribute to the company's overall revenue.
Professional and Maintenance Support Services
Silynxcom provides professional and maintenance support services to its customers. This ensures that their specialized communication equipment remains operational and effective for the demanding environments in which they are used. These services help maintain customer relationships and provide a recurring revenue stream, supporting the company's long-term business strategy.
What management is betting on now
Silynxcom's management is focused on leveraging its proprietary technologies, such as 'TRUE VOICE' for clear in-ear microphone capture and 'HearThru' for situational awareness, to maintain its competitive edge. They are also emphasizing the development of products that offer superior comfort and integration with existing professional communication systems. The company aims to expand its global reach by securing new orders from military and law enforcement agencies worldwide, capitalizing on the growing market for in-ear tactical communication devices.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value $3.22 vs current price $0.76
Our most-likely fair value is $3.22 a share — about 323.3% above today's price of $0.76, so the stock currently looks cheap (undervalued).
Is it drowning in debt?
Healthy
Net cash $1.5M - more cash than debt. Interest coverage -34.9x.
Net debt
$-1.49M
Interest coverage
-34.85x
Silynxcom Ltd.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 1 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
SYNX
BASELINE
Silynxcom Ltd.
Total debt $1.21M Interest coverage -34.85x This is the baseline the peer rows are being compared against.
Total debt $9.62B Interest coverage 8.22x This peer still has a real interest-payment cushion, while SYNX does not.
Total debt $4.47M Interest coverage -24.17x Neither company has much profit cushion over interest right now.
Total debt $698.80M Interest coverage 2.78x This peer still has a real interest-payment cushion, while SYNX does not.
Total debt $1.88B Interest coverage 2.06x This peer still has a real interest-payment cushion, while SYNX does not.
What you should know
The case for and against SYNX
1 Reward
2 Risks
Rewards
-
Free cash flow was positive in 1/10 years.
Risks
-
Return on equity was -37.2% last year — the company lost money on shareholders' equity.
-
Operating margin compressed from 6.6% to -11.3% over 3 years.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
1.01x
P/S
0.52x
EV/EBITDA
-1.67x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
49.8%
Operating margin
-11.3%
Net margin
-22.2%
ROE
-37.2%
ROA
-15.2%
Health
Liquidity and balance-sheet strength
Debt / equity
0.24x
Current ratio
3.11x
Quick ratio
1.85x
Total debt
$1.21M
Total cash
$2.70M
Growth
How the business has been compounding
Revenue TTM
$9.75M
Revenue 5Y CAGR
-7.2%
EPS TTM
-0.32
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-2.67M
Free CF TTM
$-2.70M
FCF margin
-27.7%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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