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Synlait Milk Ltd
Buy, Hold or Sell?

Let's analyze Synlait together

I guess you are interested in Synlait Milk Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Synlait Milk Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Synlait (30 sec.)










1.2. What can you expect buying and holding a share of Synlait? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.91
Expected worth in 1 year
A$-0.21
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$-1.11
Return On Investment
-313.7%

For what price can you sell your share?

Current Price per Share
A$0.36
Expected price per share
A$0.34 - A$0.39
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Synlait (5 min.)




Live pricePrice per Share (EOD)
A$0.36
Intrinsic Value Per Share
A$-0.42 - A$1.65
Total Value Per Share
A$0.49 - A$2.55

2.2. Growth of Synlait (5 min.)




Is Synlait growing?

Current yearPrevious yearGrowGrow %
How rich?$355.6m$464.7m-$109.1m-30.7%

How much money is Synlait making?

Current yearPrevious yearGrowGrow %
Making money-$118.3m-$9.1m-$109.1m-92.2%
Net Profit Margin-11.1%-1.1%--

How much money comes from the company's main activities?

2.3. Financial Health of Synlait (5 min.)




2.4. Comparing to competitors in the Packaged Foods industry (5 min.)




  Industry Rankings (Packaged Foods)  


Richest
#191 / 487

Most Revenue
#89 / 487

Most Profit
#486 / 487

Most Efficient
#422 / 487
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Synlait?

Welcome investor! Synlait's management wants to use your money to grow the business. In return you get a share of Synlait.

First you should know what it really means to hold a share of Synlait. And how you can make/lose money.

Speculation

The Price per Share of Synlait is A$0.355. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Synlait.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Synlait, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.91. Based on the TTM, the Book Value Change Per Share is A$-0.28 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Synlait.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.20-55.3%-0.20-55.3%0.00-1.3%-0.02-6.1%0.024.3%
Usd Book Value Change Per Share-0.18-51.0%-0.18-51.0%0.0411.5%0.026.2%0.0411.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.18-51.0%-0.18-51.0%0.0411.5%0.026.2%0.0411.6%
Usd Price Per Share0.19-0.19-0.97-1.92-2.50-
Price to Earnings Ratio-0.98--0.98--210.11--37.83-2.56-
Price-to-Total Gains Ratio-1.06--1.06-23.74--5.79-28.32-
Price to Book Ratio0.33-0.33-1.26-2.89-5.04-
Price-to-Total Gains Ratio-1.06--1.06-23.74--5.79-28.32-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.2307145
Number of shares4334
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.180.02
Usd Total Gains Per Share-0.180.02
Gains per Quarter (4334 shares)-784.0695.01
Gains per Year (4334 shares)-3,136.24380.05
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-3136-31460380370
20-6272-62820760750
30-9409-9418011401130
40-12545-12554015201510
50-15681-15690019001890
60-18817-18826022802270
70-21954-21962026602650
80-25090-25098030403030
90-28226-28234034203410
100-31362-31370038003790

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%7.03.00.070.0%9.03.00.075.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.03.00.070.0%9.03.00.075.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.012.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.03.00.070.0%9.03.00.075.0%
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3.2. Key Performance Indicators

The key performance indicators of Synlait Milk Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.278-0.2780%0.063-542%0.034-925%0.063-540%
Book Value Per Share--0.9070.9070%1.186-23%1.055-14%0.786+15%
Current Ratio--0.6330.6330%0.900-30%0.966-34%0.966-34%
Debt To Asset Ratio--0.5950.5950%0.531+12%0.554+7%0.556+7%
Debt To Equity Ratio--1.4701.4700%1.133+30%1.256+17%1.310+12%
Dividend Per Share----0%-0%-0%-0%
Eps---0.302-0.3020%-0.007-98%-0.034-89%0.023-1400%
Free Cash Flow Per Share---0.117-0.1170%-0.015-87%-0.014-88%-0.026-78%
Free Cash Flow To Equity Per Share---0.002-0.0020%0.013-115%0.036-105%0.030-107%
Gross Profit Margin--1.0991.0990%3.938-72%1.604-31%1.082+2%
Intrinsic Value_10Y_max--1.647--------
Intrinsic Value_10Y_min---0.419--------
Intrinsic Value_1Y_max--0.070--------
Intrinsic Value_1Y_min---0.030--------
Intrinsic Value_3Y_max--0.283--------
Intrinsic Value_3Y_min---0.102--------
Intrinsic Value_5Y_max--0.583--------
Intrinsic Value_5Y_min---0.185--------
Market Cap214135295.680+17%177943414.720177943414.7200%901781033.920-80%1781846939.264-90%2322312361.600-92%
Net Profit Margin---0.111-0.1110%-0.011-90%-0.011-90%0.024-555%
Operating Margin---0.119-0.1190%-0.007-94%-0.007-94%0.047-354%
Operating Ratio--1.0531.0530%0.993+6%0.984+7%0.942+12%
Pb Ratio0.391+17%0.3250.3250%1.261-74%2.888-89%5.044-94%
Pe Ratio-1.176-20%-0.977-0.9770%-210.107+21403%-37.828+3771%2.565-138%
Price Per Share0.355+17%0.2950.2950%1.495-80%2.954-90%3.850-92%
Price To Free Cash Flow Ratio-3.031-20%-2.518-2.5180%-99.856+3865%-47.423+1783%-78.641+3023%
Price To Total Gains Ratio-1.275-20%-1.060-1.0600%23.743-104%-5.790+446%28.321-104%
Quick Ratio--0.2420.2420%0.137+76%0.225+7%0.304-20%
Return On Assets---0.135-0.1350%-0.009-93%-0.016-88%0.024-651%
Return On Equity---0.333-0.3330%-0.020-94%-0.040-88%0.051-756%
Total Gains Per Share---0.278-0.2780%0.063-542%0.034-925%0.063-540%
Usd Book Value--355639077.637355639077.6370%464763243.840-23%413406980.076-14%307992045.282+15%
Usd Book Value Change Per Share---0.181-0.1810%0.041-542%0.022-925%0.041-540%
Usd Book Value Per Share--0.5900.5900%0.770-23%0.685-14%0.511+15%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.196-0.1960%-0.005-98%-0.022-89%0.015-1400%
Usd Free Cash Flow---45920989.305-45920989.3050%-5869122.639-87%-5360359.498-88%-10238593.593-78%
Usd Free Cash Flow Per Share---0.076-0.0760%-0.010-87%-0.009-88%-0.017-78%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.008-115%0.024-105%0.020-107%
Usd Market Cap139166528.662+17%115645425.227115645425.2270%586067493.945-80%1158022325.828-90%1509270803.804-92%
Usd Price Per Share0.231+17%0.1920.1920%0.972-80%1.920-90%2.502-92%
Usd Profit---118353938.900-118353938.9000%-9192185.600-92%-14424530.500-88%8382085.250-1512%
Usd Revenue--1063794014.2001063794014.2000%858360624.200+24%912979779.960+17%694177946.960+53%
Usd Total Gains Per Share---0.181-0.1810%0.041-542%0.022-925%0.041-540%
 EOD+5 -3MRQTTM+0 -0YOY+4 -305Y+5 -2910Y+8 -26

3.3 Fundamental Score

Let's check the fundamental score of Synlait Milk Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.176
Price to Book Ratio (EOD)Between0-10.391
Net Profit Margin (MRQ)Greater than0-0.111
Operating Margin (MRQ)Greater than0-0.119
Quick Ratio (MRQ)Greater than10.242
Current Ratio (MRQ)Greater than10.633
Debt to Asset Ratio (MRQ)Less than10.595
Debt to Equity Ratio (MRQ)Less than11.470
Return on Equity (MRQ)Greater than0.15-0.333
Return on Assets (MRQ)Greater than0.05-0.135
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Synlait Milk Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.525
Ma 20Greater thanMa 500.366
Ma 50Greater thanMa 1000.370
Ma 100Greater thanMa 2000.332
OpenGreater thanClose0.360
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Synlait Milk Ltd

Synlait Milk Limited, together with its subsidiaries, manufactures, markets, sells, and exports dairy products under the Dairyworks, Rolling Meadow, and Alpine brands in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. It operates through Synlait and Dairyworks segments. The company offers milk powder, milk powder-related products, fresh milk, ultra heat treatment milk and cream, cheese, and butter; bulk and skim milk powders; nutritional products for early life and adults comprising consumer-ready powders, base powders, ready-to-drink milk beverages, ingredients, and finished consumer-ready products for early life and adults; drinking yoghurts; specialized ingredients, such as lactoferrin; and anhydrous milk fat for foodservice applications. It is also involved in the processing, packaging, and marketing of dairy products, including cheese, butter, and milk powder; and dairy farming operations. The company serves bakeries, cafés, and beverage chains, etc.; and manufacturers. Synlait Milk Limited was incorporated in 2005 and is headquartered in Rakaia, New Zealand.

Fundamental data was last updated by Penke on 2024-11-12 15:44:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Synlait earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Synlait to the Packaged Foods industry mean.
  • A Net Profit Margin of -11.1% means that $-0.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Synlait Milk Ltd:

  • The MRQ is -11.1%. The company is making a huge loss. -2
  • The TTM is -11.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-11.1%TTM-11.1%0.0%
TTM-11.1%YOY-1.1%-10.1%
TTM-11.1%5Y-1.1%-10.0%
5Y-1.1%10Y2.4%-3.6%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.1%3.5%-14.6%
TTM-11.1%3.3%-14.4%
YOY-1.1%2.8%-3.9%
5Y-1.1%3.1%-4.2%
10Y2.4%3.5%-1.1%
4.3.1.2. Return on Assets

Shows how efficient Synlait is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Synlait to the Packaged Foods industry mean.
  • -13.5% Return on Assets means that Synlait generated $-0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Synlait Milk Ltd:

  • The MRQ is -13.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -13.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.5%TTM-13.5%0.0%
TTM-13.5%YOY-0.9%-12.5%
TTM-13.5%5Y-1.6%-11.9%
5Y-1.6%10Y2.4%-4.1%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.5%1.2%-14.7%
TTM-13.5%1.1%-14.6%
YOY-0.9%1.1%-2.0%
5Y-1.6%1.2%-2.8%
10Y2.4%1.3%+1.1%
4.3.1.3. Return on Equity

Shows how efficient Synlait is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Synlait to the Packaged Foods industry mean.
  • -33.3% Return on Equity means Synlait generated $-0.33 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Synlait Milk Ltd:

  • The MRQ is -33.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -33.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-33.3%TTM-33.3%0.0%
TTM-33.3%YOY-2.0%-31.3%
TTM-33.3%5Y-4.0%-29.3%
5Y-4.0%10Y5.1%-9.1%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-33.3%2.5%-35.8%
TTM-33.3%2.4%-35.7%
YOY-2.0%2.2%-4.2%
5Y-4.0%2.4%-6.4%
10Y5.1%2.5%+2.6%
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4.3.2. Operating Efficiency of Synlait Milk Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Synlait is operating .

  • Measures how much profit Synlait makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Synlait to the Packaged Foods industry mean.
  • An Operating Margin of -11.9% means the company generated $-0.12  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Synlait Milk Ltd:

  • The MRQ is -11.9%. The company is operating very inefficient. -2
  • The TTM is -11.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-11.9%TTM-11.9%0.0%
TTM-11.9%YOY-0.7%-11.2%
TTM-11.9%5Y-0.7%-11.2%
5Y-0.7%10Y4.7%-5.4%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.9%5.7%-17.6%
TTM-11.9%4.3%-16.2%
YOY-0.7%4.3%-5.0%
5Y-0.7%4.3%-5.0%
10Y4.7%4.9%-0.2%
4.3.2.2. Operating Ratio

Measures how efficient Synlait is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 1.05 means that the operating costs are $1.05 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Synlait Milk Ltd:

  • The MRQ is 1.053. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.053. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.053TTM1.0530.000
TTM1.053YOY0.993+0.059
TTM1.0535Y0.984+0.068
5Y0.98410Y0.942+0.043
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0531.372-0.319
TTM1.0531.272-0.219
YOY0.9931.156-0.163
5Y0.9841.128-0.144
10Y0.9421.060-0.118
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4.4.3. Liquidity of Synlait Milk Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Synlait is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 0.63 means the company has $0.63 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Synlait Milk Ltd:

  • The MRQ is 0.633. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.633. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.633TTM0.6330.000
TTM0.633YOY0.900-0.266
TTM0.6335Y0.966-0.333
5Y0.96610Y0.966+0.000
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6331.565-0.932
TTM0.6331.573-0.940
YOY0.9001.628-0.728
5Y0.9661.648-0.682
10Y0.9661.675-0.709
4.4.3.2. Quick Ratio

Measures if Synlait is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Synlait to the Packaged Foods industry mean.
  • A Quick Ratio of 0.24 means the company can pay off $0.24 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Synlait Milk Ltd:

  • The MRQ is 0.242. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.242. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.242TTM0.2420.000
TTM0.242YOY0.137+0.104
TTM0.2425Y0.225+0.017
5Y0.22510Y0.304-0.079
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2420.599-0.357
TTM0.2420.620-0.378
YOY0.1370.673-0.536
5Y0.2250.744-0.519
10Y0.3040.798-0.494
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4.5.4. Solvency of Synlait Milk Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Synlait assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Synlait to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 0.60 means that Synlait assets are financed with 59.5% credit (debt) and the remaining percentage (100% - 59.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Synlait Milk Ltd:

  • The MRQ is 0.595. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.595. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.595TTM0.5950.000
TTM0.595YOY0.531+0.064
TTM0.5955Y0.554+0.041
5Y0.55410Y0.556-0.002
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5950.465+0.130
TTM0.5950.479+0.116
YOY0.5310.485+0.046
5Y0.5540.482+0.072
10Y0.5560.485+0.071
4.5.4.2. Debt to Equity Ratio

Measures if Synlait is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Synlait to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 147.0% means that company has $1.47 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Synlait Milk Ltd:

  • The MRQ is 1.470. The company is able to pay all its debts with equity. +1
  • The TTM is 1.470. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.470TTM1.4700.000
TTM1.470YOY1.133+0.338
TTM1.4705Y1.256+0.214
5Y1.25610Y1.310-0.054
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4700.875+0.595
TTM1.4700.910+0.560
YOY1.1330.959+0.174
5Y1.2560.976+0.280
10Y1.3101.039+0.271
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Synlait generates.

  • Above 15 is considered overpriced but always compare Synlait to the Packaged Foods industry mean.
  • A PE ratio of -0.98 means the investor is paying $-0.98 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Synlait Milk Ltd:

  • The EOD is -1.176. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.977. Based on the earnings, the company is expensive. -2
  • The TTM is -0.977. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.176MRQ-0.977-0.199
MRQ-0.977TTM-0.9770.000
TTM-0.977YOY-210.107+209.130
TTM-0.9775Y-37.828+36.851
5Y-37.82810Y2.565-40.392
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-1.17613.661-14.837
MRQ-0.97712.951-13.928
TTM-0.97712.523-13.500
YOY-210.10713.704-223.811
5Y-37.82816.773-54.601
10Y2.56518.952-16.387
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Synlait Milk Ltd:

  • The EOD is -3.031. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.518. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.518. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.031MRQ-2.518-0.512
MRQ-2.518TTM-2.5180.000
TTM-2.518YOY-99.856+97.338
TTM-2.5185Y-47.423+44.904
5Y-47.42310Y-78.641+31.218
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-3.0316.653-9.684
MRQ-2.5186.289-8.807
TTM-2.5184.557-7.075
YOY-99.8560.566-100.422
5Y-47.4231.675-49.098
10Y-78.6411.348-79.989
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Synlait is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of 0.33 means the investor is paying $0.33 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Synlait Milk Ltd:

  • The EOD is 0.391. Based on the equity, the company is cheap. +2
  • The MRQ is 0.325. Based on the equity, the company is cheap. +2
  • The TTM is 0.325. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.391MRQ0.325+0.066
MRQ0.325TTM0.3250.000
TTM0.325YOY1.261-0.936
TTM0.3255Y2.888-2.563
5Y2.88810Y5.044-2.156
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD0.3911.478-1.087
MRQ0.3251.358-1.033
TTM0.3251.528-1.203
YOY1.2611.578-0.317
5Y2.8881.890+0.998
10Y5.0442.496+2.548
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Synlait Milk Ltd.

4.8.2. Funds holding Synlait Milk Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx0.67000003-1467255--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.28-615907--
2021-01-31DFA Asia Pacific Small Company Series0.21-449820--
2021-02-28iShares MSCI New Zealand ETF0.18000001-404232--
2021-02-28iShares MSCI EAFE Small Cap ETF0.15-321493--
2020-10-31Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index0.11999999-272797--
2021-01-31DFA International Core Equity Portfolio0.07-148215--
2020-11-30Schwab Strategic Tr-Schwab International Small Cap Equity ETF0.059999997-138100--
2021-02-28iShares Core MSCI Total International Stock ETF0.04-97211--
2021-01-31Vanguard International Stock Index-Pacific Stock Index0.04-89863--
Total 1.8200000270400489300.0%
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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-07-312021-07-312022-07-312023-07-312024-07-31
Current Deferred Revenue -97,04863,954-33,094-24,077-57,171-168,058-225,229373,753148,524
Long-term Assets Other  -985,370-68,810-1,054,180-31,427-1,085,60772,314-1,013,2931,016,5833,290
EBITDA  163,467-137,71525,75268,08193,833-39,28554,548-176,634-122,086
Income Tax Expense  26,344-15,64110,703-3,8466,857-7346,123-61,764-55,641



5.2. Latest Balance Sheet

Balance Sheet of 2024-07-31. Currency in NZD. All numbers in thousands.

Summary
Total Assets1,494,015
Total Liabilities889,217
Total Stockholder Equity604,798
 As reported
Total Liabilities 889,217
Total Stockholder Equity+ 604,798
Total Assets = 1,494,015

Assets

Total Assets1,494,015
Total Current Assets406,741
Long-term Assets1,087,274
Total Current Assets
Cash And Cash Equivalents 10,273
Net Receivables 144,922
Inventory 209,702
Other Current Assets 14,069
Total Current Assets  (as reported)406,741
Total Current Assets  (calculated)378,966
+/- 27,775
Long-term Assets
Property Plant Equipment 947,781
Goodwill 58,163
Long Term Investments 1,860
Intangible Assets 75,834
Long-term Assets Other 3,636
Long-term Assets  (as reported)1,087,274
Long-term Assets  (calculated)1,087,274
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities642,309
Long-term Liabilities246,908
Total Stockholder Equity604,798
Total Current Liabilities
Short-term Debt 369,701
Short Long Term Debt 369,701
Accounts payable 100,072
Other Current Liabilities 8,385
Total Current Liabilities  (as reported)642,309
Total Current Liabilities  (calculated)847,859
+/- 205,550
Long-term Liabilities
Long term Debt 191,255
Capital Lease Obligations 54,079
Long-term Liabilities Other 3,261
Long-term Liabilities  (as reported)246,908
Long-term Liabilities  (calculated)248,595
+/- 1,687
Total Stockholder Equity
Common Stock464,774
Retained Earnings 145,675
Accumulated Other Comprehensive Income -5,651
Total Stockholder Equity (as reported)604,798
Total Stockholder Equity (calculated)604,798
+/-0
Other
Capital Stock464,774
Cash and Short Term Investments 10,273
Common Stock Shares Outstanding 218,582
Current Deferred Revenue164,151
Liabilities and Stockholders Equity 1,494,015
Net Debt 550,683
Net Invested Capital 1,165,754
Net Working Capital -235,568
Property Plant and Equipment Gross 1,309,982
Short Long Term Debt Total 560,956



5.3. Balance Sheets Structured

Currency in NZD. All numbers in thousands.

 Trend2024-07-312023-07-312022-07-312021-07-312020-07-312019-07-312018-07-312017-07-312016-07-312015-07-312014-07-312013-07-31
> Total Assets 
346,067
476,886
579,782
590,456
731,185
793,681
1,150,387
1,489,521
1,618,150
1,575,977
1,685,610
1,494,015
1,494,0151,685,6101,575,9771,618,1501,489,5211,150,387793,681731,185590,456579,782476,886346,067
   > Total Current Assets 
131,149
173,999
137,117
149,874
258,487
242,786
282,576
386,390
453,000
370,593
555,369
406,741
406,741555,369370,593453,000386,390282,576242,786258,487149,874137,117173,999131,149
       Cash And Cash Equivalents 
2,365
2,393
1,529
2,045
73,827
32,129
16,007
5,887
16,020
14,493
9,290
10,273
10,2739,29014,49316,0205,88716,00732,12973,8272,0451,5292,3932,365
       Short-term Investments 
1,138
1,632
178
0
14,995
0
0
0
0
0
0
0
000000014,99501781,6321,138
       Net Receivables 
59,090
88,485
67,745
36,621
77,537
46,566
57,681
55,507
98,660
81,915
75,433
144,922
144,92275,43381,91598,66055,50757,68146,56677,53736,62167,74588,48559,090
       Inventory 
65,025
71,262
63,804
73,885
82,695
145,404
164,849
269,384
270,944
232,941
250,252
209,702
209,702250,252232,941270,944269,384164,849145,40482,69573,88563,80471,26265,025
       Other Current Assets 
4,669
11,859
4,039
37,323
24,428
18,687
44,039
55,612
67,376
41,244
220,394
14,069
14,069220,39441,24467,37655,61244,03918,68724,42837,3234,03911,8594,669
   > Long-term Assets 
214,832
302,845
442,665
438,853
455,267
550,102
867,766
1,089,047
1,165,097
1,199,831
1,119,908
1,087,274
1,087,2741,119,9081,199,8311,165,0971,089,047867,766550,102455,267438,853442,665302,845214,832
       Property Plant Equipment 
210,780
298,186
436,038
433,889
448,114
537,669
845,202
983,601
1,041,167
1,041,065
1,035,200
947,781
947,7811,035,2001,041,0651,041,167983,601845,202537,669448,114433,889436,038298,186210,780
       Goodwill 
0
0
0
0
3,643
3,643
6,026
65,545
64,189
64,189
6,026
58,163
58,1636,02664,18964,18965,5456,0263,6433,6430000
       Long Term Investments 
0
70
1,976
824
264
690
110
143
110
110
935
1,860
1,8609351101101431106902648241,976700
       Intangible Assets 
4,052
4,589
4,651
4,140
3,246
8,100
16,428
39,758
59,631
94,467
77,747
75,834
75,83477,74794,46759,63139,75816,4288,1003,2464,1404,6514,5894,052
       Other Assets 
86
42
0
1,729
17,431
793
45
14,084
53
5,553
10,333
0
010,3335,5535314,0844579317,4311,72904286
> Total Liabilities 
182,029
293,756
407,936
333,613
354,470
368,936
658,028
885,014
851,036
827,581
895,236
889,217
889,217895,236827,581851,036885,014658,028368,936354,470333,613407,936293,756182,029
   > Total Current Liabilities 
141,917
185,377
199,827
120,583
232,330
236,693
372,826
384,739
311,414
442,250
617,354
642,309
642,309617,354442,250311,414384,739372,826236,693232,330120,583199,827185,377141,917
       Short-term Debt 
80,003
63,113
85,646
46,546
72,448
49,321
99,626
107,259
36,576
63,186
248,927
369,701
369,701248,92763,18636,576107,25999,62649,32172,44846,54685,64663,11380,003
       Short Long Term Debt 
0
154,489
263,567
46,546
72,448
49,321
99,626
102,837
33,333
58,885
243,727
369,701
369,701243,72758,88533,333102,83799,62649,32172,44846,546263,567154,4890
       Accounts payable 
31,671
69,523
29,961
10,968
34,986
55,328
82,122
106,942
101,121
140,455
185,988
100,072
100,072185,988140,455101,121106,94282,12255,32834,98610,96829,96169,52331,671
       Other Current Liabilities 
110,246
115,854
169,866
109,615
197,344
181,365
290,704
277,797
210,293
301,795
431,366
8,385
8,385431,366301,795210,293277,797290,704181,365197,344109,615169,866115,854110,246
   > Long-term Liabilities 
27,917
91,376
177,921
168,908
83,637
97,065
249,482
426,754
459,584
295,592
178,998
246,908
246,908178,998295,592459,584426,754249,48297,06583,637168,908177,92191,37627,917
       Long term Debt Total 
0
0
177,921
168,908
83,637
97,065
249,482
441,592
471,359
0
0
0
000471,359441,592249,48297,06583,637168,908177,92100
       Other Liabilities 
0
17,003
30,188
44,122
38,503
35,178
35,720
59,452
68,263
64,989
57,191
0
057,19164,98968,26359,45235,72035,17838,50344,12230,18817,0030
> Total Stockholder Equity
164,038
183,130
171,846
256,843
376,715
424,745
492,359
604,507
767,114
748,396
790,374
604,798
604,798790,374748,396767,114604,507492,359424,745376,715256,843171,846183,130164,038
   Common Stock
172,548
172,247
172,247
172,247
268,074
268,074
268,074
268,544
464,774
464,774
464,774
464,774
464,774464,774464,774464,774268,544268,074268,074268,074172,247172,247172,247172,548
   Retained Earnings 
-14,685
4,918
15,471
49,853
91,983
166,537
248,775
322,006
293,555
332,078
327,786
145,675
145,675327,786332,078293,555322,006248,775166,53791,98349,85315,4714,918-14,685
   Accumulated Other Comprehensive Income 
6,175
5,965
-15,872
34,743
36,934
-9,866
-24,490
13,957
8,785
-48,456
-2,186
-5,651
-5,651-2,186-48,4568,78513,957-24,490-9,86636,93434,743-15,8725,9656,175
   Capital Surplus 000000000000
   Treasury Stock000000000000



5.4. Balance Sheets

Currency in NZD. All numbers in thousands.




5.5. Cash Flows

Currency in NZD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-07-31. Currency in NZD. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,636,858
Cost of Revenue-1,534,554
Gross Profit102,304102,304
 
Operating Income (+$)
Gross Profit102,304
Operating Expense-188,563
Operating Income-86,259-86,259
 
Operating Expense (+$)
Research Development-
Selling General Administrative82,933
Selling And Marketing Expenses18,030
Operating Expense188,563100,963
 
Net Interest Income (+$)
Interest Income585
Interest Expense-43,679
Other Finance Cost-4,010
Net Interest Income-47,104
 
Pretax Income (+$)
Operating Income-86,259
Net Interest Income-47,104
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-237,75265,234
EBIT - interestExpense = -237,752
-237,752
-138,432
Interest Expense43,679
Earnings Before Interest and Taxes (EBIT)-194,073-194,073
Earnings Before Interest and Taxes (EBITDA)-122,086
 
After tax Income (+$)
Income Before Tax-237,752
Tax Provision--55,641
Net Income From Continuing Ops-182,111-182,111
Net Income-182,111
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,714,854
Total Other Income/Expenses Net-151,49347,104
 

Technical Analysis of Synlait
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Synlait. The general trend of Synlait is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Synlait's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Synlait Milk Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.37 < 0.39 < 0.39.

The bearish price targets are: 0.34 > 0.34 > 0.34.

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Synlait Milk Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Synlait Milk Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Synlait Milk Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Synlait Milk Ltd. The current macd is -0.00144758.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Synlait price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Synlait. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Synlait price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Synlait Milk Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSynlait Milk Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Synlait Milk Ltd. The current adx is 10.59.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Synlait shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Synlait Milk Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Synlait Milk Ltd. The current sar is 0.38168739.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Synlait Milk Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Synlait Milk Ltd. The current rsi is 45.52. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Synlait Milk Ltd Daily Relative Strength Index (RSI) ChartSynlait Milk Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Synlait Milk Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Synlait price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Synlait Milk Ltd Daily Stochastic Oscillator ChartSynlait Milk Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Synlait Milk Ltd. The current cci is -90.97859327.

Synlait Milk Ltd Daily Commodity Channel Index (CCI) ChartSynlait Milk Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Synlait Milk Ltd. The current cmo is -14.88985685.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Synlait Milk Ltd Daily Chande Momentum Oscillator (CMO) ChartSynlait Milk Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Synlait Milk Ltd. The current willr is -57.14285714.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Synlait is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Synlait Milk Ltd Daily Williams %R ChartSynlait Milk Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Synlait Milk Ltd.

Synlait Milk Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Synlait Milk Ltd. The current atr is 0.01275174.

Synlait Milk Ltd Daily Average True Range (ATR) ChartSynlait Milk Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Synlait Milk Ltd. The current obv is -8,663,408.

Synlait Milk Ltd Daily On-Balance Volume (OBV) ChartSynlait Milk Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Synlait Milk Ltd. The current mfi is 9.39049552.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Synlait Milk Ltd Daily Money Flow Index (MFI) ChartSynlait Milk Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Synlait Milk Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-06-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-08-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-09-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-10MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-10-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-10-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Synlait Milk Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Synlait Milk Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.525
Ma 20Greater thanMa 500.366
Ma 50Greater thanMa 1000.370
Ma 100Greater thanMa 2000.332
OpenGreater thanClose0.360
Total2/5 (40.0%)
Penke
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