(SYNSAM) Synsam - Ratings and Ratios

Synsam AB is a leading player in the Nordic optical retail and eye health sector, operating a diverse portfolio of brands across multiple channels, including directly owned and franchised stores, as well as e-commerce platforms. The companys comprehensive product and service offerings cater to a wide range of customer needs, from corrective eyewear and contact lenses to hearing aids and related health services.

With a strong presence in Sweden, Denmark, Norway, Iceland, Faroe Islands, and Finland, Synsam AB has established itself as a significant market player, leveraging its extensive network of physical stores and online platforms to drive growth and customer engagement. The companys strategic brand portfolio, including Synsam, Profil Optik, and others, enables it to target different customer segments and stay competitive in a rapidly evolving market.

From a technical analysis perspective, Synsam ABs stock price has been trending near its 52-week high, with a current price of 48.25 SEK. The stock is trading below its 20-day simple moving average (SMA20) of 49.44 SEK, indicating a potential short-term correction. However, the stock remains above its 50-day SMA of 46.43 SEK and 200-day SMA of 45.46 SEK, suggesting a longer-term uptrend. The average true range (ATR) of 1.47 SEK, representing 3.04% of the current price, indicates moderate volatility.

Fundamentally, Synsam ABs market capitalization stands at approximately 7.3 billion SEK, with a price-to-earnings (P/E) ratio of 18.70, indicating a relatively reasonable valuation compared to its earnings. The companys return on equity (RoE) of 15.86% suggests a strong ability to generate profits from shareholder equity. Given these fundamental and technical indicators, a forecast for Synsam ABs stock could involve a potential short-term pullback towards the 46-47 SEK range, followed by a resumption of the longer-term uptrend, driven by the companys solid market position and growth prospects. A target price could be around 55-60 SEK in the next 6-12 months, based on the assumption of continued market share gains and expansion into new markets or services.