Synchronoss Technologies provides cloud solutions and software-based activation for mobile carriers, retailers and OEMs worldwide. The company was founded in 2000 and is based in Bridgewater, New Jersey.
SNCR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Synchronoss Technologies Inc. To summarize, we found that Synchronoss Technologies Inc ranked in the 5th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 97%. The most interesting components of our discounted cash flow analysis for Synchronoss Technologies Inc ended up being:
The company's compound free cash flow growth rate over the past 5.81 years comes in at -0.26%; that's greater than merely 6.68% of US stocks we're applying DCF forecasting to.
As a business, SNCR is generating more cash flow than merely 9.56% of positive cash flow stocks in the Technology.
Synchronoss Technologies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -127.36. This coverage rate is greater than that of only 1.27% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
APPF, ALOT, DOCU, ELSE, and EVOP can be thought of as valuation peers to SNCR, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Synchronoss Technologies, Inc. (SNCR), a global leader and innovator of cloud, messaging, digital and IoT products, announced today that Synchronoss’ Personal Cloud Solution has been fully integrated with Pocket Geek by Assurant to provide an enhanced device and content protection solution to a leading North American carrier. Assurant, Inc., a market leader in mobile device protection and risk management solutions, chose Synchronoss’ Personal Cloud Platform to add incremental value to its mobile device protection offerings, improve the customer experience and create new revenue opportunities for its clients.