Synthomer PLC

Chart & Performance

D1W1MN

P/E

—

P/S

13.36

EPS

—

Div Yield, %

0.00%

Shrs. gr., 5y

38.05%

Rev. gr., 5y

4.01%

Revenues

1.97b

-17.32%

Net income

-67m

L+106.15%

CFO

150m

+10.46%

Dividend

Oct 06, 202220 GBP/sh

Earnings

Mar 10, 2025

Profile

Synthomer plc operates as a specialty chemicals company. It operates through four segments: Performance Elastomers, Functional Solutions, Industrial Specialities, and Acrylate Monomers. The company offers pressure sensitive adhesives, acrylic polymers, acrylic dispersions, saturants, release coatings, and other adhesives; water-based carboxylated styrene butadiene rubber, redispersible powder, flooring adhesive, and additives for construction applications; and impregnation binders, styrene butadiene copolymers, dispersions, polymer binders, and butadiene-based binders for textiles applications. It also provides binders for various carpets; synthetic binders for graphic, packaging, and specialty paper coating applications; paper coating additives and plastic pigments; binders, dispersions, water-based and solvent-borne resins, and other products for various coating applications; foamed bedding products and footwear; elastomeric modifiers for thermoplastics and friction components; reinforcement resins for rubber compounds; and latex for tire cord. In addition, the company offers compounds and aqueous curing pastes for carpets and other applications; acrylic monomers for enhancing the performance characteristics of polymer formulations; antioxidant products; latices for medical examination, clean room, food handling, chemotherapy drug handling, chemical laboratory, and medical device and balloon applications; and nitrile latex, which enhance performance of industrial and fabric-supported gloves. Further, it provides liquid polybutadienes, polyvinyl alcohol suspending agents, polyvinyl acetates, thermosetting resins, butyl ethyl propanediol, and inorganic materials for various industrial applications; and coalescing agents for enhancing the properties of coatings. The company was formerly known as Yule Catto & Co. plc and changed its name to Synthomer plc in 2012. Synthomer plc was founded in 1863 and is headquartered in London, the United Kingdom.

URL

https://www.synthomer.com/

IPO date

Jan 07, 1986

Employees

4,400

Domiciled in

Incorporated in

Valuation

Order:

Title GBP in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title GBP in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,970,900 -17.32%	2,383,900 11.18%	2,144,200 30.41%
Cost of revenue	1,864,200	2,301,600	1,773,000
Unusual Expense (Income)
NOPBT	106,700	82,300	371,200
NOPBT Margin	5.41%	3.45%	17.31%
Operating Taxes	(4,500)	(15,300)	73,300
Tax Rate			19.75%
NOPAT	111,200	97,600	297,900
Net income	(67,000) 106.15%	(32,500) -115.57%	208,700 6,632.26%
Dividends		(99,500)	(73,500)
Dividend yield
Proceeds from repurchase of equity	265,100	(10,100)	203,100
BB yield
Debt
Debt current	14,500	29,100	8,800
Long-term debt	967,100	1,269,000	654,200
Deferred revenue		34,900	34,700
Other long-term liabilities	111,000	120,000	142,700
Net debt	602,800	1,062,300	150,300
Cash flow
Cash from operating activities	150,000	135,800	275,400
CAPEX	(84,000)	(90,800)	(82,200)
Cash from investing activities	107,700	(850,100)	(80,500)
Cash from financing activities	(90,900)	414,500	118,500
FCF	408,200	(515,800)	296,400
Balance
Cash	371,300	227,700	505,300
Long term investments	7,500	8,100	7,400
Excess cash	280,255	116,605	405,490
Stockholders' equity	236,100	411,000	413,000
Invested Capital	1,963,200	2,298,895	1,388,010
ROIC	5.22%	5.29%	21.42%
ROCE	4.78%	3.22%	19.04%
EV
Common stock shares outstanding	85,633	63,441	58,912
Price
Market cap
EV
EBITDA	212,000	213,800	466,500
EV/EBITDA
Interest	75,100	46,200	29,400
Interest/NOPBT	70.38%	56.14%	7.92%