SYN prop e tech S.A.

SYN prop e tech S.A.

SYNE3 · SA · Real Estate / Real Estate Services

2.71BRL+0.01 (+0.37%)

Price History

Full chart

Market Stats

Previous Close2.70
Open2.74
Day Range2.67 – 2.76
52-Week Range3.32 – 5.59
Volume474.10K
Market Cap583.10M
P/E (TTM)10.61
Forward P/E6.26
EPS0.36
Dividend Yield73.33%
Beta0.27
50-Day Avg3.74
200-Day Avg4.19

About

Syn Prop & Tech S.A. is one of the leading companies in the leasing, acquisition, sale, development, and operation of commercial real estate in Brazil. It focuses on the high-end corporate building and shopping center segments, with investments in the states of São Paulo and Rio de Janeiro. Currently, it has 192,017 square meters of leasable area in operation. With over 18 years of experience in the sector, the Company is the result of the 2007 spin-off of Cyrela Brazil Realty's commercial real estate activities and consistently delivers solid results in both growth and profitability. Its experience ensures a low vacant rate and high profitability. It is listed in the New Market segment of B3 (Brazil, Stock Exchange, Over the Counter), where its shares are traded under the symbol SYNE3, and is committed to its stakeholders by following best Corporate Governance practices. ASYN is committed to the best sustainability practices. Since 2007, it has become a founding member of the Green Building Council Brazil (GBCBrasil), an institution that promotes sustainable construction in the country and supports the transformation of the entire production chain in the sector. All projects managed by SYN meet strict social responsibility criteria, environmental, with several of these projects committed to obtaining and maintaining FEED (Leadership in Energy and Environmental Design) certification, awarded by the U.S. Green Building Council (USGBC) and recognized worldwide as a benchmark for measuring low environmental impact buildings that ensure healthy occupancy conditions. Syn Prop & Tech S.A. was incorporated in 1962 in Brazil.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Thiago Kiyoshi Vieira Muramatsu
  • Employees0
  • HeadquartersAvenida Brigadeiro Faria Lima, São Paulo, SP, Brazil, 04538-132, Brazil
  • Websitehttps://www.syn.com.br/en

Leadership

  • Mr. Thiago Kiyoshi Vieira MuramatsuCEO & Member of Board of Executive Officers
  • Mr. Hector Bruno Franco de Carvalho LeitaoChief Financial & IR Officer, Financial Superintendent & Member of Board of Executive Officer
  • Mr. Paulo Roberto NazarCOO & Member of Board of Executive Officers
  • Bruna Centola AndreoliSecretary
  • Filipe Novi DavidController, IR & Funding Manager

Financials

Income Statement

Currency: BRL2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue65.49M107.76M145.54M245.42M309.30M433.49M322.29M381.86M384.29M421.25M446.27M489.77M470.83M486.32M2.31B474.49M424.71M1.36B327.67M
Growth (%)-+64.55%+35.06%+68.63%+26.03%+40.15%-25.65%+18.48%+0.64%+9.62%+5.94%+9.75%-3.87%+3.29%+374.19%-79.42%-10.49%+219.69%-75.87%
Cost of Revenue8.38M9.75M19.97M72.68M115.75M153.30M97.31M128.99M130.84M163.69M186.80M204.94M163.26M179.73M641.15M265.57M189.94M784.47M194.93M
Gross Profit57.11M98.01M125.57M172.74M193.54M280.19M224.99M252.87M253.45M257.57M259.48M284.83M307.56M306.60M1.66B208.92M234.77M573.27M132.74M
Gross Margin87.20%90.95%86.28%70.39%62.57%64.64%69.81%66.22%65.95%61.14%58.14%58.16%65.32%63.04%72.20%44.03%55.28%42.22%40.51%
Operating Expense16.01M19.30M22.69M24.92M21.77M38.49M-3.61M8.67M-6.52M-154.14M-211.59M60.45M39.22M68.66M38.09M64.29M62.40M-259.42M2.29M
Operating Income41.10M78.72M102.88M147.83M171.78M241.70M228.60M244.20M259.97M411.71M471.07M224.38M268.35M237.94M1.63B144.63M172.36M832.69M130.44M
Operating Margin62.75%73.05%70.69%60.23%55.54%55.76%70.93%63.95%67.65%97.73%105.56%45.81%57.00%48.93%70.55%30.48%40.58%61.33%39.81%
EBITDA43.35M93.46M116.81M183.01M224.63M275.08M262.04M289.62M347.80M384.68M549.90M286.89M313.01M337.58M1.74B265.36M238.28M1.05B292.84M
EBITDA Margin66.20%86.73%80.26%74.57%72.63%63.46%81.30%75.84%90.50%91.32%123.22%58.58%66.48%69.42%75.26%55.92%56.10%77.41%89.37%
Net Income19.38M33.81M75.84M107.99M113.73M153.03M148.90M97.96M23.31M-21.33M174.20M-887.00K32.81M50.66M1.29B-57.00M-10.04M546.25M64.63M
Net Income Margin29.60%31.37%52.11%44.00%36.77%35.30%46.20%25.65%6.07%-5.06%39.04%-0.18%6.97%10.42%55.79%-12.01%-2.36%40.23%19.73%
R&D---------00.550.180.280.320.630.010.11--
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense20.82M28.89M24.04M50.64M71.20M67.21M39.79M78.29M237.79M300.73M243.50M159.49M157.89M108.34M168.25M207.24M188.26M154.48M145.29M
Interest Expense % of Total Revenue31.79%26.81%16.52%20.63%23.02%15.50%12.34%20.50%61.88%71.39%54.56%32.56%33.53%22.28%7.30%43.68%44.33%11.38%44.34%

Balance Sheet

Currency: BRL2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets643.81M728.37M758.99M1.23B1.57B2.14B3.12B4.35B4.86B4.83B3.64B3.59B5.31B4.92B4.89B4.08B4.00B3.15B2.28B
Total Liabilities261.80M354.33M322.48M727.21M794.76M1.10B1.88B2.81B2.77B2.72B1.76B1.81B2.15B1.98B2.12B1.50B1.44B1.31B933.49M
Total Equity382.01M340.05M401.53M469.70M513.53M628.50M699.14M773.84M1.20B1.18B1.16B1.05B1.90B1.63B1.67B1.53B1.52B1.07B673.62M
Cash1.78M65.37M3.63M341.02M278.31M92.12M149.25M572.99M566.07M348.58M170.32M215.90M401.30M156.08M447.02M132.40M165.35M268.59M167.88M
Total Debt205.54M281.43M279.01M644.65M669.76M908.00M1.63B2.48B2.49B2.46B1.66B1.75B2.01B1.50B1.61B1.03B983.73M824.82M465.04M
Net Debt203.76M277.68M275.38M637.31M391.45M815.88M1.48B1.91B1.92B2.11B1.49B1.54B1.22B1.35B1.16B898.12M818.38M556.23M297.16M

Cash Flow

Currency: BRL2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow102.45M30.45M10.55M60.06M85.72M-134.65M-582.98M-482.05M-271.08M157.15M146.65M146.72M179.59M120.36M2.20B17.62M74.19M91.26M632.59M
Investing Cash Flow-573.60M-27.98M-639.00K-30.22M-36.52M-414.09M-71.28M-48.20M-180.82M-308.73M863.84M-15.95M-1.56B99.46M-398.02M359.31M38.66M1.57B106.57M
Financing Cash Flow527.24M6.80M-22.50M258.41M-36.98M288.03M711.39M953.98M444.99M-65.91M-1.19B-85.20M1.57B-465.04M-1.51B-691.56M-79.89M-1.56B-839.86M
Capital Expenditure556.73M27.98M1.08M7.91M4.50M89.00K318.00K608.00K1.83M06.68M6.67M6.67M3.21M2.64M3.43M320.00K1.12M1.75M
Free Cash Flow-454.09M2.47M9.47M52.15M68.04M-139.53M-583.30M-482.65M-272.92M157.15M139.97M146.72M172.92M117.14M2.20B14.19M73.87M90.14M630.84M
Dividends Paid5.51M-8.03M14.85M22.30M27.01M72.69M35.36M23.27M5.54M344.99M120.00M135.00M135.00M1.25B80.00M-440.00M134.00M
FCF to OCF-443.21%8.11%89.72%86.82%79.37%103.63%100.05%100.13%100.68%100.00%95.45%100.00%96.29%97.33%99.88%80.52%99.57%98.77%99.72%
Dividend Paid to FCF-1.21%-84.82%28.47%32.77%-19.36%-12.46%-7.33%-8.52%3.52%246.47%81.79%78.07%115.24%56.83%563.93%-488.15%21.24%

Earnings

Report DateAug 29, 2008Mar 18, 2009Nov 10, 2009Nov 8, 2012Nov 6, 2013Oct 11, 2014May 13, 2015May 7, 2020Aug 6, 2020Nov 10, 2020Feb 25, 2021May 13, 2021Aug 12, 2021Nov 11, 2021Feb 24, 2022Aug 8, 2022Nov 10, 2022Mar 9, 2023May 11, 2023Mar 7, 2024May 10, 2024Aug 14, 2024Nov 14, 2024Dec 31, 2024May 15, 2025Aug 15, 2025Nov 13, 2025Mar 26, 2026May 14, 2026Aug 13, 2026
EPS Estimate0.100.100.150.190.47-0.07--0.190.060.050.040.118.92-0.13-0.080.040.190.040.064.05-0.080.04-0.020.090.070.060.04
EPS Actual0.090.110.170.280.490.36-0.040.140.010.220.040.050.050.068.28-0.15-0.02-0.02-0.100.080.052.990.040.110.040.110.110.050.060.04
Surprise-10.00%10.00%13.33%47.37%4.26%--157.14%--15.79%-33.33%0.00%25.00%-45.45%-7.17%-15.38%75.00%-150.00%-152.63%100.00%-16.67%-26.17%150.00%170.00%-450.00%22.22%-28.57%0.00%0.00%
TimingPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap583.10M
Enterprise Value797.17M
Trailing P/E10.61
Forward P/E6.26
PEG Ratio13.34
Price / Sales1.73
Price / Book0.78
EPS0.36
Book Value4.57
Revenue (TTM)337.08M
Gross Profit (TTM)187.47M
EBITDA161.12M
Profit Margin16.16%
Operating Margin43.87%
Return on Equity4.38%
Return on Assets3.08%
Shares Outstanding152.64M
Shares Float59.85M
Beta0.27
Dividend Yield73.33%
Dividend Rate2.58
Payout Ratio1.61%

Dividends

20253×
0.42Dec 12, 20252.16Sep 17, 20250.46Apr 29, 2025
20242×
3.67Dec 6, 20242.88Aug 20, 2024
20221×
0.52May 16, 2022
20213×
8.19Dec 17, 20210.08Apr 30, 20211.09Apr 26, 2021
20202×
0.88Dec 9, 20200.05Apr 30, 2020
20181×
1.00Oct 24, 2018
20171×
2.89Aug 16, 2017
20161×
0.05Apr 20, 2016
20151×
0.28Apr 27, 2015
20141×
0.43Apr 10, 2014
20131×
0.88Apr 30, 2013
20121×
0.33Apr 26, 2012
20111×
0.26Apr 28, 2011
20101×
0.17Apr 29, 2010
20091×
0.09Apr 28, 2009
20081×
0.06Apr 28, 2008

Stock Splits

  • Oct 22, 20071:5
  • Dec 8, 20062:1