Synlait Milk Ltd

Consumer Defensive AU SM1

0.682AUD
-0.018(2.57%)

Last update at 2025-05-09T02:32:00Z

Day Range

0.680.70
LowHigh

52 Week Range

0.200.95
LowHigh

Fundamentals

  • Previous Close 0.70
  • Market Cap446.37M
  • Volume3143
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA13.38M
  • Revenue TTM1760.10M
  • Revenue Per Share TTM5.07
  • Gross Profit TTM 99.37M
  • Diluted EPS TTM-0.77

Source: TradingView
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Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-07-31 2022-07-31 2021-07-31 2020-07-31 2019-07-31
Type yearly yearly yearly yearly yearly
Date 2023-07-31 2022-07-31 2021-07-31 2020-07-31 2019-07-31
Income before tax -20.26700M 41.61M -39.15400M 101.90M 115.08M
Minority interest - - - - -
Net income -4.29200M 38.52M -28.45100M 75.21M 82.24M
Selling general administrative 70.74M 62.56M 52.02M 53.00M 44.27M
Selling and marketing expenses 13.38M 14.53M 36.79M 11.96M 11.38M
Gross profit 158.97M 193.74M 67.31M 242.58M 210.62M
Reconciled depreciation 63.70M 54.24M 8.97M 48.06M 27.64M
Ebit 7.62M 71.44M -19.25600M 122.79M 123.90M
Ebitda 71.31M 125.68M -10.28100M 170.85M 151.54M
Depreciation and amortization 63.70M 54.24M 8.97M 48.06M 27.64M
Non operating income net other - - - - -
Operating income 7.62M 71.44M -19.25600M 122.79M 123.90M
Other operating expenses 1327.62M 1606.08M 1397.83M 1177.61M 900.12M
Interest expense 27.88M 17.60M 19.90M 19.32M 8.82M
Tax provision -6.12300M 3.09M -10.70300M 26.69M 32.84M
Interest income 0.28M 0.17M 21.49M 21.39M 9.43M
Net interest income -29.05000M -18.56000M -20.44400M -19.19100M -7.58700M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -6.12300M 3.09M -10.70300M 26.69M 32.84M
Total revenue 1320.76M 1660.60M 1367.35M 1302.03M 1024.31M
Total operating expenses 165.84M 139.21M 97.78M 118.17M 86.43M
Cost of revenue 1161.79M 1466.87M 1300.04M 1059.44M 813.69M
Total other income expense net 7.52M -29.83100M -19.89800M -20.88600M -8.81900M
Discontinued operations 9.85M -1.85000M -1.85000M -1.85000M -
Net income from continuing ops -14.14400M 38.52M -28.45100M 75.21M 82.24M
Net income applicable to common shares -4.29200M 38.52M -28.45100M 75.21M 82.24M
Preferred stock and other adjustments - - - - -
Breakdown 2024-07-31 2023-07-31 2022-07-31 2021-07-31 2020-07-31
Type yearly yearly yearly yearly yearly
Date 2024-07-31 2023-07-31 2022-07-31 2021-07-31 2020-07-31
Total assets 1494.02M 1685.61M 1575.98M 1618.15M 1492.27M
Intangible assets 75.83M 77.75M 94.47M 59.63M 42.50M
Earning assets - - - - -
Other current assets 60.66M 5.52M 8.34M 6.21M 13.13M
Total liab 889.22M 895.24M 827.58M 851.04M 885.78M
Total stockholder equity 604.80M 790.37M 748.40M 767.11M 606.48M
Deferred long term liab - - - - -
Other current liab 8.38M 60.61M 238.61M 173.72M 170.54M
Common stock 464.77M 464.77M 464.77M 464.77M 268.54M
Capital stock - 464.77M 464.77M 464.77M 268.54M
Retained earnings 145.68M 327.79M 332.08M 293.56M 323.98M
Other liab - 57.19M 64.99M 68.26M 59.45M
Good will 58.16M 6.03M 64.19M 64.19M 65.55M
Other assets - 10.33M 5.55M 0.05M 14.08M
Cash 10.27M 9.29M 14.49M 16.02M 5.89M
Cash and equivalents - - - - -
Total current liabilities 642.31M 617.35M 442.25M 311.41M 384.74M
Current deferred revenue 164.15M 164.51M - - -
Net debt 550.68M 460.33M 369.04M 491.92M 542.96M
Short term debt 369.70M 248.93M 63.19M 36.58M 107.26M
Short long term debt - 243.73M 58.88M 33.33M 102.84M
Short long term debt total 560.96M 469.62M 383.53M 507.94M 548.85M
Other stockholder equity - -2.18600M -48.45600M 8.79M 13.96M
Property plant equipment - 1035.20M 1041.07M 1041.17M 983.60M
Total current assets 406.74M 555.37M 370.59M 453.00M 386.39M
Long term investments - 0.94M 0.11M 0.11M 0.14M
Net tangible assets - 706.60M 589.74M 643.29M 498.44M
Short term investments - - - - -
Net receivables 98.33M 82.94M 91.10M 108.38M 63.06M
Long term debt - 179.00M 295.59M 459.58M 426.75M
Inventory 209.70M 250.25M 232.94M 270.94M 269.38M
Accounts payable 100.07M 143.31M 140.46M 101.12M 106.94M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -5.65100M -2.18600M -48.45600M 8.79M 13.96M
Additional paid in capital - - - - -
Common stock total equity - - - - 268.54M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 3.64M 3.91M 5.55M 0.05M 14.08M
Deferred long term asset charges - - - - -
Non current assets total 1087.27M 1130.24M 1205.38M 1165.15M 1105.88M
Capital lease obligations - 46.89M 29.05M 15.02M 19.26M
Long term debt total - - - 471.36M 441.59M
Breakdown 2023-07-31 2022-07-31 2021-07-31 2020-07-31 2019-07-31
Type yearly yearly yearly yearly yearly
Date 2023-07-31 2022-07-31 2021-07-31 2020-07-31 2019-07-31
Investments -61.95000M -65.62100M -136.77200M -225.02500M -337.35600M
Change to liabilities 11.47M 56.80M 31.81M 34.67M 46.31M
Total cashflows from investing activities -61.95000M -65.62100M -136.77200M -225.02500M -337.35600M
Net borrowings 62.97M -143.11600M -41.91300M 135.80M 202.60M
Total cash from financing activities 18.66M -169.16700M 131.06M 109.38M 184.54M
Change to operating activities 9.39M -1.02900M 0.04M 21.65M -2.36800M
Net income -4.29200M 38.52M -28.45100M 75.21M 82.24M
Change in cash -5.20300M -1.52700M 10.13M -10.12000M -16.12200M
Begin period cash flow 14.49M 16.02M 5.89M 16.01M 32.13M
End period cash flow 9.29M 14.49M 16.02M 5.89M 16.01M
Total cash from operating activities 38.06M 95.59M 15.87M 105.54M 136.56M
Issuance of capital stock - - 196.08M - -
Depreciation 51.98M 57.07M 8.97M 48.06M 27.64M
Other cashflows from investing activities 0.31M 0.17M 0.04M 0.13M 1.08M
Dividends paid - - - - -
Change to inventory -69.56500M 38.00M -1.56100M -104.53300M -19.44400M
Change to account receivables -1.22700M 17.28M -45.32300M 1.83M -14.78800M
Sale purchase of stock - - 196.08M - -
Other cashflows from financing activities 18.66M -86.66700M -15.02100M 152.61M 336.84M
Change to netincome 33.30M 27.91M 30.68M 33.31M 15.14M
Capital expenditures 64.89M 92.91M 140.37M 152.47M 320.44M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital - - -652.40200M -635.40200M -403.42000M
Stock based compensation - - - - -
Other non cash items - -95.59500M -26.52100M -123.26800M -109.87800M
Free cash flow -26.83900M 2.69M -124.50000M -46.93400M -320.44100M

Peer Comparison

Sector: Consumer Defensive Industry: Packaged Foods

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SM1
Synlait Milk Ltd
-0.018 2.57% 0.68 - 13.51 0.25 0.60 0.55 -32.6
A2M
A2 Milk Company Ltd
0.05 0.60% 8.38 39.86 27.17 3.45 4.77 3.35 20.50
BGA
Bega Cheese Ltd
0.005 0.09% 5.87 53.36 26.11 0.50 1.71 0.61 28.16
CBO
Cobram Estate Olives Ltd
0.02 1.08% 1.87 37.60 - 3.24 2.45 4.32 14.16
RIC
Ridley Corporation Ltd
-0.035 1.48% 2.33 19.63 15.50 0.59 2.27 0.64 12.47

Reports Covered

Stock Research & News

Profile

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.

Synlait Milk Ltd

1028 Heslerton Road, Rakaia, New Zealand, 7783

  • 64 3 373 3000

Key Executives

Name Title Year Born
Mr. Grant Watson Chief Exec. Officer NA
Mr. Robert Stowell Chief Financial Officer NA
Mr. Nigel Macdonald Director of Operations NA
Mr. Boyd Williams Director of People & Culture NA
Tania Pearson Company Sec. NA
Mr. Tim Carter CEO of Dairyworks & Director of Consumer NA
Mr. Hamish Reid Director of Sustainability & Brand NA
Hannah Lynch Corp. Affairs Mang. NA
Mr. Grant Watson Chief Executive Officer NA
Mr. Paul Mallard Chief Operating Officer NA

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