Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Synsam AB (publ) is a leading Nordic lifestyle company specializing in optical retail and eye health. Founded in 1968 by ten independent optician stores and headquartered in Stockholm, Sweden, it operates nearly 600 stores across Sweden, Denmark, Norway, Finland, Iceland, and the Faroe Islands under brands such as Synsam, Profil Optik, Fellepini, Oscar Eide, EyeQ, Jämtö, and Index. The company offers a diverse range of products including lenses, frames, sunglasses, sports spectacles, contact lenses, eye care accessories, and hearing aids. It provides comprehensive services like physical and online eye examinations, hearing tests, personal style advice, and innovative subscriptions such as Synsam Lifestyle for spectacles and contact lenses, promoting long-term customer relationships. Employing around 3,739 people in the healthcare sector focused on medical instruments and supplies, Synsam AB (publ) adopts an omnichannel strategy integrating physical stores, franchises, and e-commerce. This approach emphasizes sustainability, eye fashion trends, and advanced health solutions, positioning it as a key player in elevating optical retail standards throughout the Nordic region.
kr 4.85
kr 0.03 (-0.61%)
EOD Jun 26, 2026 · Twelve Data
11.96% operating margin is respectable but not wide. ROIC at 11.03%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 10.4%, still solid.
Even for strong businesses, today's 1x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
1.4x earnings, 0.7x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 7.13B
▲ +10.4% YoY
Net Income (TTM)
kr 497M
▲ +24.0% YoY
Op. Margin
12.26%
▼ -0.6pp YoY
ROIC
11.03%
▲ +0.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 1.03B
▲ +70.7% YoY
Op. Cash Flow (TTM)
kr 1.29B
▲ +37.5% YoY
Net Debt
kr 2.96B
Cash & Equiv.
kr 600M
3Y CAGR: +10.4%
3Y CAGR: +45.5%
Continue Research
At a P/E of 1.4 and a price-to-free-cash-flow of 0.7, Synsam AB (publ) (SYNSAM.XSTO) trades below a two-stage DCF intrinsic value of about SEK 155.61 per share, so at SEK 4.85 the stock looks undervalued (3,108.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Synsam AB (publ) scores 80/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 37.7%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK 155.61 per share for SYNSAM.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK 116.71. At today's SEK 4.85, that puts the stock about 3,108.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Synsam AB (publ) scores 80 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 12.3% operating margin and a 11.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Synsam AB (publ) pays a regular dividend of about SEK 1.83 per share per year (typically in quarterly installments), a yield of roughly 37.7% at the current price. That is a payout ratio of about 52.3% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SYNSAM.XSTO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. SYNSAM.XSTO currently trades below its estimated intrinsic value and scores 80/100 on quality (high-quality). It also yields about 37.7%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.