EV/IC

0.7
Current
9%
Cheaper
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
kr20.8B
/
Invested Capital
kr28.9B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
kr20.8B
/
Invested Capital
kr28.9B

Valuation Scenarios

Syn hf is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth kr23.99 (10% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-39%
Maximum Upside
+66%
Average Upside
16%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.7 kr21.8
0%
3-Year Average 0.8 kr23.99
+10%
5-Year Average 0.9 kr28.15
+29%
Industry Average 1.2 kr36.13
+66%
Country Average 0.4 kr13.27
-39%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
IS
Syn hf
ICEX:SYN
5.4B ISK 0.7 -8.5
US
Verizon Communications Inc
NYSE:VZ
194.8B USD 0.9 11.6
US
AT&T Inc
NYSE:T
179.3B USD 0.8 8.7
DE
Deutsche Telekom AG
XETRA:DTE
132.2B EUR 0.9 13.9
CN
China Telecom Corp Ltd
SSE:601728
552.7B CNY 0.8 16.8
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.6T JPY 0.7 11.7
SG
Singapore Telecommunications Ltd
SGX:Z74
74.8B SGD 2 12
FR
Orange SA
PAR:ORA
46.6B EUR 0.8 87.8
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 1.6 12.8
AU
Telstra Group Ltd
F:5KB
36.5B EUR 1.9 26.8
CH
Swisscom AG
SIX:SCMN
33.7B CHF 1.5 27.2

Market Distribution

In line with most companies in Iceland
Percentile
60th
Based on 32 companies
60th percentile
0.7
Low
0 — 0.1
Typical Range
0.1 — 0.8
High
0.8 —
Distribution Statistics
Iceland
Min 0
30th Percentile 0.1
Median 0.4
70th Percentile 0.8
Max 1.9

Syn hf
Glance View

Market Cap
5.4B ISK
Industry
Telecommunication

Sýn hf engages in the provision of telecommunications and media solutions. The company offers a range of telecommunication services to individuals, corporations, institutions and government agencies. The firm's product portfolio comprises prepaid phone cards, mobile Internet options for wireless data transfer, fixed telephony services, television and roaming, as well as BlackBerry mobiles, software and communication services. Its prepaid cards are available in Reykjavik, Kopavogur and Akureyri. Additionally, the Company offers its products through a network of resellers, such as convenience stores, petrol stations, hotels, tourist information centers, tourist boutiques and an online store. The firm has third and fourth generation (3G and 4G) coverage in the Reykjavik area, the surrounding areas, as well as other major populated areas in Iceland. Its services and products are mainly based on the cooperation with Vodafone Group Plc.

SYN Intrinsic Value
73.22 ISK
Undervaluation 70%
Intrinsic Value
Price kr21.8
S
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