WinstonWınston
Synertec Corporation Limited logo

Synertec Corporation Limited

SOP.AX
16
Engineering & Construction · Industrials
Price
A$0.04
-0.00 (-9.09%)
Market Cap
A$20.8M
Exchange
Australian Securities Exchange
Winston Score
16
Winston is worried
Weak fundamentals across most pillars.
Data as of Jul 28, 2026 · filings through Dec 31, 2025

Share count rising — dilution

+83.6% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 282.9M (2021) → 519.3M (2025)

Synertec Corporation Limited operates as a diversified technology design and development company in Australia and internationally. It operates through two segments: Engineering and Technology. The company offers services in the areas of automation and control systems, electrical and instrumentation, functional safety, metering and sampling, process and mechanical, systems engineering, and validation engineering. It serves infrastructure, water, rail, advanced manufacturing, and energy sectors. The company was formerly known as SML Corporation Limited and changed its name to Synertec Corporation Limited in August 2017. Synertec Corporation Limited is based in Camberwell, Australia.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+20.5% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+40.2% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$655,483/ year

Declining (-42% vs prior year)

3.7% of revenue

In line with sector average (4%)

R&D spend declining — could signal cost-cutting or efficiency

Cash Runway

~21 months

$4M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Growth context

Synertec Corporation Limited is growing revenue at 21% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
8.8%
Thin — 8.8% gross margin
Operating Margin
-20.7%
Losing money on operations — -20.7%
ROCE
-29.5%
Weak — -29.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+6.0%
Slow sales growth (6.0% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-19.3%
Burning cash (-19.3%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
1.76
Elevated debt (1.76)
Interest Cover
1.56x
Dangerous — barely covers interest (1.6x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial