Quality Investor

Synaptics Incorporated

Rank #266Startup

SYNA · Nasdaq · Technology

Synaptics Incorporated (SYNA) — Rank #266 by gross profitability (GP/assets 0.25) · ROE -52.8% · Piotroski F-Score 6 / 9.

As-of 2026-09-28 · CIK 0000817720 · all metrics point-in-time as of the filing date.

About

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide.

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The company provides edge AI processors, wireless connectivity, touch controllers, biometrics, voice, audio, and multimedia products for physical AI and robotics, edge AI, smart home, industrial and automotive, personal computers, and mobile applications, as well as modular development kits, open software frameworks, and optimized AI/ML toolchains. It also offers Wi-Fi, Bluetooth, Bluetooth Low Energy, Zigbee, Thread, Matter, global positioning system, global navigation satellite system, ultra-low energy solutions, human interface products, organic light-emitting diodes, multimedia SoCs, fax/modem/printer processors, video interface ICs, DisplayLink graphics, and display driver ICs (DDIC); Astra, an AI solution; and DisplayLink and DisplayPort to simplify connectivity to external displays. In addition, it provides Natural ID, a fingerprint ID product for notebook, personal computer peripherals, automobiles, and other applications, as well as integrated touch and display, local dimming, and driver sensing technologies. The company sells its products through direct sales, outside sales representatives, distributors, and value-added resellers.

Synaptics Incorporated was incorporated in 1986 and is headquartered in San Jose, California.

Industry
Semiconductors
Sector
Technology
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
June 26

Company Snapshot

P/S is the primary valuation lens for pre-profit companies.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

1,700

Industry

Semiconductors

Exchange

Nasdaq

Quality Profile

Profitability

1/1 pass
GP / assets
0.25
Return on equity
-52.8%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.26
Current ratio
1.12×
Net cash
-$394.80M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
12.5%

Growth

2/2 pass
Revenue growth
11.4%
Piotroski F-Score
6 / 9
Share dilution
-1.0%

Terry Smith quality gate

Passes 0/5 Terry Smith thresholds

2 of 5 thresholds not computable from filed data.

Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.

Profitability

Gross profitability (GP / assets)

0.25

Primary signal (Novy-Marx).

40th pctl of 21 SIC 3674 peers

Return on equity

-52.8%

Gross margin

44.7%

20th pctl of 21 SIC 3674 peers

Revenue growth (YoY)

11.4%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-4.0%

Revenue CAGR (5Y)

-2.2%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

-30.1%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.26

11th pctl of 20 SIC 3674 peers (best = lowest)

Current ratio

1.12×

0th pctl of 21 SIC 3674 peers

Quick ratio

0.86×

Net cash

-$394.80M

Cash & equivalents minus total debt.

Recession resistance

Revenue through recessions

Worst single-year YoY revenue decline, 18 years of history

Moderate
2008-2009 (GFC)
N/AN/A
2020 (COVID)
-9.4%Mild decline
Worst year on record(any fiscal year, not recession-limited)
-29.2%Significant decline

Cash-flow health

Free cash flow

$101.40M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

1.21

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

12.5%

Stock-based comp intensity.

Piotroski F-Score

F-Score

6 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20212026
Value
Hypergrowth
Decline
Startup