TAO Synergies Inc. (NASDAQ: TAOX)

Sector: Technology Industry: Software - Infrastructure CIK: 0001571934
Market Cap 8.03 Mn
P/B 0.50
P/E -0.30
P/S 38.73
ROIC (Qtr) 37.45
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 0.00
Debt/Equity (Qtr) 0.00

About

Synaptogenix, Inc. (SNPX) is a biopharmaceutical company operating in the pharmaceutical industry. The company's main business activities involve researching, developing, and commercializing novel treatments for Alzheimer's disease (AD) and other neurodegenerative disorders. Synaptogenix's operations are focused on its proprietary technology platform, which is based on the drug candidate Bryostatin-1. Bryostatin-1 is a synthetic derivative of a natural product called bryostatin, which is isolated from a marine invertebrate organism. This drug candidate...

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Price action

Investment thesis

Bull case

  • Short-term investments of 15.38M provide solid 166.47x coverage of other current liabilities 92396, indicating strong liquidity.
  • Tangible assets of 18.36M provide robust 198.70x coverage of other current liabilities 92396, indicating strong asset backing.
  • Strong cash position of 1.45M provides 15.64x coverage of other current liabilities 92396, indicating excellent liquidity.
  • Robust R&D investment of (2.51M) at 0.71x of SG&A (3.52M) demonstrates strong commitment to innovation and future growth.
  • Cash reserves of 1.45M provide robust 1.39x coverage of current liabilities 1.04M, indicating strong short-term solvency.

Bear case

  • Operating cash flow of (5.11M) barely covers its investment activities of (17.57M), with a coverage ratio of 0.29, indicating heavy reliance on external financing for growth which may not be sustainable in a tighter credit environment.
  • Short-term investments of 15.38M significantly exceed cash reserves of 1.45M, which is 10.64x, indicating potentially excessive yield-seeking behavior at the expense of liquidity.
  • The company's operating cash flow of (5.11M) shows concerning coverage of stock compensation expenses of 643379, with a -7.95 ratio indicating potential earnings quality issues.
  • Operating earnings of (26.60M) show weak coverage of depreciation charges of 3989, with a -6668.51 ratio indicating high capital intensity and potential reinvestment needs.
  • Retained earnings of (68.47M) provide limited buffer against comprehensive income items of 5702, which is -12008.54x, indicating elevated exposure to market risks.

Peer comparison

Companies in the Software - Infrastructure
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 MSFT Microsoft Corp 3,563.59 Bn 33.97 12.13 60.56 Bn
2 ORCL Oracle Corp 561.87 Bn 36.43 9.21 124.39 Bn
3 PLTR Palantir Technologies Inc. 413.65 Bn 377.64 106.17 0.24 Bn
4 PANW Palo Alto Networks Inc 126.45 Bn 113.19 13.23 0.35 Bn
5 CRWD CrowdStrike Holdings, Inc. 116.42 Bn -370.56 25.50 0.82 Bn
6 SNPS Synopsys Inc 86.06 Bn 64.60 12.20 14.29 Bn
7 NET Cloudflare, Inc. 62.78 Bn -609.27 31.18 3.50 Bn
8 FTNT Fortinet, Inc. 60.83 Bn 32.47 9.28 1.00 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets -0.35 2.69
EV to Cash from Ops. EV/CFO 1.24 28.91
EV to Debt EV to Debt 0.00 19.83
EV to EBIT EV/EBIT 0.24 -9.95
EV to EBITDA EV/EBITDA -1.02 6.82
EV to Free Cash Flow [EV/FCF] EV/FCF 1.24 26.09
EV to Market Cap EV to Market Cap -0.79 0.36
EV to Revenue EV/Rev -30.58 -9.34
Price to Book Value [P/B] P/B 0.50 3.88
Price to Earnings [P/E] P/E -0.30 -10.66
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) -57.09 -0.30
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 2.71
Dividend per Basic Share Div per Share (Qtr) 0.00 0.10
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 1.68
Interest Coverage Interest Coverage 0.00 -14.20
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 -408.01
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -92.64 226.39
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 -0.28
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -223.69 25.27
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -36.75 47.48
EBIT Growth (1y) % EBIT 1y % (Qtr) -223.69 20.13
EBT Growth (1y) % EBT 1y % (Qtr) -223.69 14.16
EPS Growth (1y) % EPS 1y % (Qtr) -2,107.06 67.50
FCF Growth (1y) % FCF 1y % (Qtr) -6.90 296.60
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 46.75
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.01 0.67
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.01
Cash Ratio Cash Ratio (Qtr) 1.39 1.22
Current Ratio Curr Ratio (Qtr) 17.61 2.59
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 -0.96
Interest Cover Ratio Interest Cover Ratio 0.00 -14.20
Times Interest Earned Times Interest Earned 0.00 -14.20
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -12,828.00 -548.16
EBIT Margin % EBIT Margin % (Qtr) -12,829.93 -199.84
EBT Margin % EBT Margin % (Qtr) -12,829.93 -607.20
Gross Margin % Gross Margin % (Qtr) 100.00 51.88
Net Profit Margin % Net Margin % (Qtr) -13,058.70 -610.00