SYNLAIT MILK LIMITED (SM1)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SM1

SM1 - SYNLAIT MILK LIMITED

FNArena Sector : Dairy
Year End: July
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: -9.55
Index:

0

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.335

02 Oct
2026

0.000

OPEN

$0.34

0.000

HIGH

$0.34

0

LOW

$0.34

TARGET
$0.385 14.9% upside
OTHER COMPANIES IN THE SAME SECTOR
A2M . BGA . BUB . NUC . NUC . TFL .
FNARENA'S MARKET CONSENSUS FORECASTS
SM1: 1
Title FY27
Forecast		 FY28
Forecast
EPS (cps) 2.1 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 15.4 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx-10.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,439.5 M
Book Value Per Share xxxxxxxxxxxxxxx98.3
Net Operating Cash Flow xxxxxxxxxxxxxxx-186.6 M
Net Profit Margin xxxxxxxxxxxxxxx-5.44 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx-11.90 %
Return on Invested Capital xxxxxxxxxxxxxxx-10.43 %
Return on Assets xxxxxxxxxxxxxxx-5.80 %
Return on Equity xxxxxxxxxxxxxxx-11.90 %
Return on Total Capital xxxxxxxxxxxxxxx-6.02 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-210.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx91 M
Long Term Debt xxxxxxxxxxxxxxx141 M
Total Debt xxxxxxxxxxxxxxx232 M
Goodwill - Gross xxxxxxxxxxxxxxx49 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx16 M
Price To Book Value xxxxxxxxxxxxxxx0.33

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx30.7 M
Capex % of Sales xxxxxxxxxxxxxxx2.13 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,411 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx85 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

29/09/2026

5

Sell

-

-

Synlait Milk reported FY26 earnings that were slightly ahead of recent guidance with underlying EBITDA ahead of UBS estimates.

The company is expected to return to profitability in FY27 with the sale of loss-making assets and the resolving of manufacturing issues.

The broker notes EBIT will be restricted by the internalisation of the a2 Milk ((A2M)) English-label infant formula manufacturing and this will only be partially offset by new customers and cost savings.

The balance sheet is seen as stretched amid higher working capital, and dividends are considered unlikely before FY29. Target is steady at NZ$0.40 and a Sell rating is maintained.

FORECAST
UBS forecasts a full year FY27 dividend of 0.00 cents and EPS of 2.52 cents.
UBS forecasts a full year FY28 dividend of 0.00 cents and EPS of 3.36 cents.

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

SM1 STOCK CHART

FNArena News on SM1

1
Weekly Ratings, Targets, Forecast Changes – 02-10-26

10:00 AM - Weekly Reports
2
FNArena Corporate Results Monitor – 02-10-2026

Oct 02 2026 - Australia
3
Next Week At A Glance 24-28 Aug 2026

Aug 21 2026 - Weekly Reports
4
Weekly Ratings, Targets, Forecast Changes – 26-06-26

Jun 29 2026 - Weekly Reports
5
Rudi’s View: What (Not) To Buy Ahead Of June 30

Jun 18 2026 - Rudi's View

Latest Dairy News

1
Bubs Australia Ready To Grow US, Rest Of World

Sep 29 2026 - Small Caps
2
Healthy Margins Underpin Bega’s FY31 Targets

May 06 2026 - Small Caps
3
a2 Milk Hit By ‘Perfect Logistics Storm’

Apr 15 2026 - Australia
4
a2 Milk Confidently Targets More Gains In China

Mar 23 2026 - Australia
5
Bega Cheese Preparing For Accelerated Growth

Sep 22 2025 - Small Caps
6
Growing Confidence in Bega Cheese

Jun 17 2025 - Small Caps
7
A2 Milks It

Feb 18 2025 - Australia
8
a2 Milk Starts Paying Dividends

Nov 27 2024 - Australia
9
Buy Call For a2 Milk

Mar 21 2024 - Technicals
10
A2 Milking It

Feb 21 2024 - Australia