SilverSun Technologies, Inc. Logo

SilverSun Technologies, Inc.

SSNT

(1.8)
Stock Price

16,31 USD

-8.06% ROA

-14.95% ROE

-71.68x PER

Market Cap.

10.837.131,00 USD

25.42% DER

160.39% Yield

-2.17% NPM

SilverSun Technologies, Inc. Stock Analysis

SilverSun Technologies, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

SilverSun Technologies, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (20%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 ROE

The stock's ROE falls within an average range (4.77%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (3.01%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.8x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

7 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-361), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

SilverSun Technologies, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

SilverSun Technologies, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

SilverSun Technologies, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

SilverSun Technologies, Inc. Revenue
Year Revenue Growth
2003 1.350
2004 1.703.281 99.92%
2005 4.180.075 59.25%
2006 6.585.883 36.53%
2007 7.378.209 10.74%
2008 7.724.295 4.48%
2009 7.414.648 -4.18%
2010 7.486.703 0.96%
2011 10.522.080 28.85%
2012 13.178.985 20.16%
2013 17.400.051 24.26%
2014 21.463.774 18.93%
2015 27.641.982 22.35%
2016 34.121.970 18.99%
2017 34.852.028 2.09%
2018 41.000.312 15%
2019 38.502.482 -6.49%
2020 41.220.406 6.59%
2021 41.701.380 1.15%
2022 44.985.276 7.3%
2023 53.693.016 16.22%
2023 54.516.941 1.51%
2024 57.742.220 5.59%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

SilverSun Technologies, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2003 572
2004 0 0%
2005 0 0%
2006 0 0%
2007 156.983 100%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

SilverSun Technologies, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 1.797.803 100%
2009 1.885.980 4.68%
2010 2.180.693 13.51%
2011 2.296.718 5.05%
2012 4.012.714 42.76%
2013 2.945.238 -36.24%
2014 4.411.343 33.23%
2015 5.696.431 22.56%
2016 6.417.005 11.23%
2017 7.455.889 13.93%
2018 9.052.507 17.64%
2019 8.789.875 -2.99%
2020 8.283.752 -6.11%
2021 9.843.569 15.85%
2022 9.651.885 -1.99%
2023 9.991.564 3.4%
2023 10.258.654 2.6%
2024 11.375.624 9.82%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

SilverSun Technologies, Inc. EBITDA
Year EBITDA Growth
2003 -344.470
2004 -1.529.898 77.48%
2005 -1.038.062 -47.38%
2006 -465.884 -122.82%
2007 -321.630 -44.85%
2008 -275.660 -16.68%
2009 -61.117 -351.04%
2010 -854.237 92.85%
2011 357.078 339.23%
2012 -980.872 136.4%
2013 560.567 274.98%
2014 835.224 32.88%
2015 976.880 14.5%
2016 1.962.003 50.21%
2017 1.559.555 -25.81%
2018 1.115.845 -39.76%
2019 -501.141 322.66%
2020 1.358.647 136.89%
2021 1.163.705 -16.75%
2022 1.370.448 15.09%
2023 -8.944.264 115.32%
2023 2.801.000 419.32%
2024 2.340.640 -19.67%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

SilverSun Technologies, Inc. Gross Profit
Year Gross Profit Growth
2003 -17.085
2004 698.636 102.45%
2005 1.455.669 52.01%
2006 2.484.483 41.41%
2007 2.565.197 3.15%
2008 2.731.897 6.1%
2009 3.043.542 10.24%
2010 2.872.563 -5.95%
2011 4.497.620 36.13%
2012 5.334.100 15.68%
2013 6.750.141 20.98%
2014 8.573.064 21.26%
2015 10.843.534 20.94%
2016 12.727.242 14.8%
2017 13.865.440 8.21%
2018 16.920.404 18.05%
2019 14.678.454 -15.27%
2020 16.578.981 11.46%
2021 17.208.058 3.66%
2022 17.960.736 4.19%
2023 21.400.932 16.07%
2023 20.785.652 -2.96%
2024 22.037.232 5.68%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

SilverSun Technologies, Inc. Net Profit
Year Net Profit Growth
2003 -397.605
2004 -2.390.705 83.37%
2005 -2.408.644 0.74%
2006 -2.321.573 -3.75%
2007 -1.614.008 -43.84%
2008 -1.486.398 -8.59%
2009 -1.540.372 3.5%
2010 -468.921 -228.49%
2011 2.616.548 117.92%
2012 -1.235.170 311.84%
2013 322.548 482.94%
2014 192.901 -67.21%
2015 374.305 48.46%
2016 3.436.399 89.11%
2017 -486.469 806.4%
2018 262.432 285.37%
2019 -1.467.864 117.88%
2020 175.647 935.69%
2021 -134.434 230.66%
2022 -282.219 52.37%
2023 -8.440.712 96.66%
2023 -1.070.095 -688.78%
2024 552.348 293.74%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

SilverSun Technologies, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 -1 0%
2005 -1.935 100%
2006 -882 -119.27%
2007 -83 -962.65%
2008 -21 -295.24%
2009 -18 -23.53%
2010 -4 -466.67%
2011 17 117.65%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 -2 100%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

SilverSun Technologies, Inc. Free Cashflow
Year Free Cashflow Growth
2003 -65.683
2004 -1.044.974 93.71%
2005 -853.277 -22.47%
2006 -1.077.390 20.8%
2007 -658.761 -63.55%
2008 542.252 221.49%
2009 -382.269 241.85%
2010 -69.902 -446.86%
2011 865.253 108.08%
2012 90.393 -857.21%
2013 710.632 87.28%
2014 839.958 15.4%
2015 59.176 -1319.42%
2016 1.297.441 95.44%
2017 1.493.315 13.12%
2018 531.018 -181.22%
2019 -549.799 196.58%
2020 1.604.309 134.27%
2021 111.273 -1341.78%
2022 1.999.650 94.44%
2023 1.090.462 -83.38%
2023 462.878 -135.58%
2024 304.988 -51.77%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

SilverSun Technologies, Inc. Operating Cashflow
Year Operating Cashflow Growth
2003 -65.683
2004 -1.019.036 93.55%
2005 -746.433 -36.52%
2006 -979.161 23.77%
2007 -542.857 -80.37%
2008 562.963 196.43%
2009 -326.683 272.33%
2010 -38.177 -755.71%
2011 905.906 104.21%
2012 392.803 -130.63%
2013 740.996 46.99%
2014 992.949 25.37%
2015 126.659 -683.95%
2016 1.794.160 92.94%
2017 2.308.825 22.29%
2018 1.294.564 -78.35%
2019 -397.397 425.76%
2020 1.729.091 122.98%
2021 226.034 -664.97%
2022 2.038.392 88.91%
2023 1.141.509 -78.57%
2023 583.805 -95.53%
2024 365.512 -59.72%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

SilverSun Technologies, Inc. Capital Expenditure
Year Capital Expenditure Growth
2003 0
2004 25.938 100%
2005 106.844 75.72%
2006 98.229 -8.77%
2007 115.904 15.25%
2008 20.711 -459.63%
2009 55.586 62.74%
2010 31.725 -75.21%
2011 40.653 21.96%
2012 302.410 86.56%
2013 30.364 -895.95%
2014 152.991 80.15%
2015 67.483 -126.71%
2016 496.719 86.41%
2017 815.510 39.09%
2018 763.546 -6.81%
2019 152.402 -401.01%
2020 124.782 -22.13%
2021 114.761 -8.73%
2022 38.742 -196.22%
2023 51.047 24.11%
2023 120.927 57.79%
2024 60.524 -99.8%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

SilverSun Technologies, Inc. Equity
Year Equity Growth
2003 -330.333
2004 -1.201.531 72.51%
2005 -1.773.001 32.23%
2006 -3.655.170 51.49%
2007 -3.913.587 6.6%
2008 -5.254.401 25.52%
2009 -4.922.261 -6.75%
2010 -5.112.358 3.72%
2011 -899.645 -468.26%
2012 -814.531 -10.45%
2013 -399.839 -103.71%
2014 13.607 3038.48%
2015 1.556.321 99.13%
2016 4.970.916 68.69%
2017 4.227.121 -17.6%
2018 4.334.160 2.47%
2019 8.894.660 51.27%
2020 7.279.992 -22.18%
2021 9.356.823 22.2%
2022 9.552.464 2.05%
2023 7.472.610 -27.83%
2023 7.053.379 -5.94%
2024 7.610.697 7.32%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

SilverSun Technologies, Inc. Assets
Year Assets Growth
2003 123.134
2004 1.902.820 93.53%
2005 2.840.792 33.02%
2006 2.355.180 -20.62%
2007 1.653.690 -42.42%
2008 1.412.557 -17.07%
2009 1.120.713 -26.04%
2010 1.021.114 -9.75%
2011 1.521.277 32.88%
2012 2.802.277 45.71%
2013 3.569.775 21.5%
2014 5.056.830 29.41%
2015 8.483.549 40.39%
2016 10.659.429 20.41%
2017 10.412.248 -2.37%
2018 11.744.385 11.34%
2019 18.953.272 38.04%
2020 15.901.408 -19.19%
2021 17.998.762 11.65%
2022 21.438.067 16.04%
2023 20.495.701 -4.6%
2023 18.387.195 -11.47%
2024 20.858.983 11.85%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

SilverSun Technologies, Inc. Liabilities
Year Liabilities Growth
2003 453.467
2004 3.104.351 85.39%
2005 4.613.793 32.72%
2006 6.010.350 23.24%
2007 5.567.277 -7.96%
2008 6.666.958 16.49%
2009 6.042.974 -10.33%
2010 6.133.472 1.48%
2011 2.420.922 -153.35%
2012 3.616.808 33.06%
2013 3.969.614 8.89%
2014 5.043.223 21.29%
2015 6.927.228 27.2%
2016 5.688.513 -21.78%
2017 6.185.127 8.03%
2018 7.410.225 16.53%
2019 10.058.612 26.33%
2020 8.621.416 -16.67%
2021 8.641.939 0.24%
2022 11.885.603 27.29%
2023 13.023.091 8.73%
2023 11.333.816 -14.9%
2024 13.248.286 14.45%

SilverSun Technologies, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
10.5
Net Income per Share
-0.23
Price to Earning Ratio
-71.68x
Price To Sales Ratio
0.19x
POCF Ratio
50.05
PFCF Ratio
6.97
Price to Book Ratio
11.39
EV to Sales
0.12
EV Over EBITDA
-39.36
EV to Operating CashFlow
4
EV to FreeCashFlow
4.45
Earnings Yield
-0.01
FreeCashFlow Yield
0.14
Market Cap
0,01 Bil.
Enterprise Value
0,01 Bil.
Graham Number
2.71
Graham NetNet
-0.84

Income Statement Metrics

Net Income per Share
-0.23
Income Quality
-1.43
ROE
-0.15
Return On Assets
-0.06
Return On Capital Employed
0.17
Net Income per EBT
0.8
EBT Per Ebit
-0.99
Ebit per Revenue
0.03
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.19
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.39
Operating Profit Margin
0.03
Pretax Profit Margin
-0.03
Net Profit Margin
-0.02

Dividends

Dividend Yield
1.6
Dividend Yield %
160.39
Payout Ratio
0
Dividend Per Share
26.16

Operating Metrics

Operating Cashflow per Share
0.33
Free CashFlow per Share
0.29
Capex to Operating CashFlow
-0.1
Capex to Revenue
-0
Capex to Depreciation
-0.14
Return on Invested Capital
0.13
Return on Tangible Assets
-0.08
Days Sales Outstanding
21.76
Days Payables Outstanding
51.89
Days of Inventory on Hand
0
Receivables Turnover
16.77
Payables Turnover
7.03
Inventory Turnover
0
Capex per Share
-0.03

Balance Sheet

Cash per Share
1,18
Book Value per Share
1,43
Tangible Book Value per Share
0.33
Shareholders Equity per Share
1.43
Interest Debt per Share
0.38
Debt to Equity
0.25
Debt to Assets
0.09
Net Debt to EBITDA
22.22
Current Ratio
0.94
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0.25
Working Capital
0,00 Bil.
Intangibles to Total Assets
0.28
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0.5
Debt to Market Cap
0.18

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

SilverSun Technologies, Inc. Dividends
Year Dividends Growth
2016 0
2017 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2023 0 0%
2024 3 100%

SilverSun Technologies, Inc. Profile

About SilverSun Technologies, Inc.

SilverSun Technologies, Inc. operates as a business application, technology, and consulting company in the United States. The company provides solutions for accounting and business management, financial reporting, managed services, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional services, specialized programming, training, and technical support. In addition, the company provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting services. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. The company was formerly known as Trey Resources, Inc. and changed its name to SilverSun Technologies, Inc. in June 2011. SilverSun Technologies, Inc. was founded in 1988 and is headquartered in East Hanover, New Jersey.

CEO
Mr. Mark Meller
Employee
195
Address
120 Eagle Rock Avenue
East Hanover, 07936

SilverSun Technologies, Inc. Executives & BODs

SilverSun Technologies, Inc. Executives & BODs
# Name Age
1 Mr. Mark Meller
Chairman, President, Chief Executive Officer & Corporate Secretary
70
2 Mr. Joseph P. Macaluso
Chief Financial Officer
70
3 Mr. Gary Berman
Executive Vice President of SWK Technologies, Inc
70

SilverSun Technologies, Inc. Competitors