Sýn hf
Sýn hf. provides telecommunications, media, and technology services in Iceland. The company offers television (TV) programs, telephone services, TV shows and episodes, streaming services, Internet packages, and subscriptions, as well as operates broadcast media. It operates under the Vodafone, Stöð 2, Stöð 2+, Stöð 2 Sport, Visi, Bylgjuna, FM957, and X977 brands. The company was formerly known as… Read more
Sýn hf (SYN) - Net Assets
Latest net assets as of September 2025: Ikr7.92 Billion ISK
Based on the latest financial reports, Sýn hf (SYN) has net assets worth Ikr7.92 Billion ISK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr30.22 Billion) and total liabilities (Ikr22.30 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Ikr7.92 Billion |
| % of Total Assets | 26.21% |
| Annual Growth Rate | 1.2% |
| 5-Year Change | 1.2% |
| 10-Year Change | -4.7% |
| Growth Volatility | 19.03 |
Sýn hf - Net Assets Trend (2013–2024)
This chart illustrates how Sýn hf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sýn hf (2013–2024)
The table below shows the annual net assets of Sýn hf from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Ikr8.65 Billion | -15.90% |
| 2023-12-31 | Ikr10.29 Billion | +8.65% |
| 2022-12-31 | Ikr9.47 Billion | -10.12% |
| 2021-12-31 | Ikr10.54 Billion | +23.23% |
| 2020-12-31 | Ikr8.55 Billion | -2.83% |
| 2019-12-31 | Ikr8.80 Billion | -17.83% |
| 2018-12-31 | Ikr10.71 Billion | +5.69% |
| 2017-12-31 | Ikr10.13 Billion | +45.00% |
| 2016-12-31 | Ikr6.99 Billion | -23.04% |
| 2015-12-31 | Ikr9.08 Billion | +6.77% |
| 2014-12-31 | Ikr8.50 Billion | +12.12% |
| 2013-12-31 | Ikr7.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sýn hf's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 506.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Ikr5.14 Billion | 59.36% |
| Other Components | Ikr3.52 Billion | 40.64% |
| Total Equity | Ikr8.65 Billion | 100.00% |
Sýn hf Competitors by Market Cap
The table below lists competitors of Sýn hf ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heranba Industries Limited
NSE:HERANBA
|
$19.81 Million |
|
Wisr Ltd
AU:WZR
|
$19.82 Million |
|
Mico BioMed Co. Ltd.
KQ:214610
|
$19.82 Million |
|
Lippo Malls Indonesia Retail Trust
PINK:LPMDF
|
$19.83 Million |
|
Herald Holdings Limited
STU:HH3
|
$19.80 Million |
|
Intergis
KO:129260
|
$19.80 Million |
|
CleanTech Lithium Plc
OTCQX:CTLHF
|
$19.80 Million |
|
HY Electronic Cayman Ltd
TW:6573
|
$19.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sýn hf's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,288,000,000 to 8,652,000,000, a change of -1,636,000,000 (-15.9%).
- Net loss of 1,518,000,000 reduced equity.
- Share repurchases of 76,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Ikr-1.52 Billion | -17.55% |
| Share Repurchases | Ikr76.00 Million | -0.88% |
| Other Changes | Ikr-42.00 Million | -0.49% |
| Total Change | Ikr- | -15.90% |
Book Value vs Market Value Analysis
This analysis compares Sýn hf's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Ikr34.18 | Ikr21.40 | x |
| 2018-12-31 | Ikr36.12 | Ikr21.40 | x |
| 2019-12-31 | Ikr29.68 | Ikr21.40 | x |
| 2020-12-31 | Ikr28.84 | Ikr21.40 | x |
| 2021-12-31 | Ikr35.54 | Ikr21.40 | x |
| 2024-12-31 | Ikr34.94 | Ikr21.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sýn hf utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.01%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 3.59x
- Recent ROE (-17.55%) is below the historical average (6.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.17% | 6.43% | 0.86x | 2.03x | Ikr88.60 Million |
| 2014 | 12.87% | 8.27% | 0.85x | 1.83x | Ikr243.70 Million |
| 2015 | 14.18% | 9.38% | 0.89x | 1.70x | Ikr379.10 Million |
| 2016 | 14.41% | 7.37% | 0.93x | 2.10x | Ikr308.30 Million |
| 2017 | 10.72% | 7.61% | 0.56x | 2.50x | Ikr72.90 Million |
| 2018 | 4.42% | 2.15% | 0.81x | 2.52x | Ikr-597.70 Million |
| 2019 | -19.87% | -8.82% | 0.62x | 3.63x | Ikr-2.63 Billion |
| 2020 | -4.74% | -1.95% | 0.67x | 3.61x | Ikr-1.26 Billion |
| 2021 | 19.93% | 9.65% | 0.60x | 3.46x | Ikr1.05 Billion |
| 2022 | 9.38% | 3.86% | 0.68x | 3.58x | Ikr-58.90 Million |
| 2023 | 20.50% | 9.70% | 0.62x | 3.40x | Ikr1.08 Billion |
| 2024 | -17.55% | -7.01% | 0.70x | 3.59x | Ikr-2.38 Billion |
Industry Comparison
This section compares Sýn hf's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $13,315,617,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sýn hf (SYN) | Ikr7.92 Billion | 11.17% | 2.82x | $19.81 Million |
| Síminn hf (SIMINN) | $13.32 Billion | 0.00% | 1.11x | $218.79 Million |