ASX:CYQ

Stock Analysis Report

Executive Summary

Cycliq Group Limited engages in the manufacture and supply of HD bike cameras and safety lights in Australia and internationally.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Cycliq Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CYQ

0.2%

AU Leisure

-0.2%

AU Market


1 Year Return

-83.3%

CYQ

6.8%

AU Leisure

10.5%

AU Market

Return vs Industry: CYQ underperformed the Australian Leisure industry which returned 6.8% over the past year.

Return vs Market: CYQ underperformed the Australian Market which returned 10.5% over the past year.


Shareholder returns

CYQIndustryMarket
7 Day0%0.2%-0.2%
30 Day0%4.4%-1.4%
90 Day-50.0%4.6%-1.0%
1 Year-80.0%-83.3%8.6%6.8%16.9%10.5%
3 Yearn/a-8.0%-12.0%36.9%18.6%
5 Yearn/a11.2%1.5%50.2%16.2%

Price Volatility Vs. Market

How volatile is Cycliq Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cycliq Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Cycliq Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Cycliq Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CYQ’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Cycliq Group regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Cycliq Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.2%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cycliq Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Cycliq Group performed over the past 5 years?

-19.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CYQ is unprofitable, and losses have increased over the past 5 years at a rate of -19.8% per year.

Accelerating Growth: Unable to compare CYQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CYQ is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (2.6%).


Return on Equity

High ROE: CYQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: CYQ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CYQ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Cycliq Group's financial position?


Financial Position Analysis

Short Term Liabilities: CYQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CYQ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CYQ has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CYQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: CYQ has a high level of physical assets or inventory.

Debt Coverage by Assets: CYQ has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CYQ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CYQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.9% each year.


Next Steps

Dividend

What is Cycliq Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CYQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CYQ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CYQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CYQ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CYQ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Cycliq Group's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Paul Claessen 0

0yrs

Tenure

AU$199,189

Compensation

Mr. Paul Claessen serves as Co-Chief Executive Officer at Cycliq Group Limited. Mr Claessen has been with Cycliq Group since 15 May 2017 as an independent consultant and was appointed as Executive Director ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Paul's total compensation is reasonable compared to companies of similar size in the Australian market.

Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.


Management Age and Tenure

2.6yrs

Average Tenure

Experienced Management: CYQ's management team is considered experienced (2.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$696,45324 Jul 19
Merchant Funds Management Pty Ltd
EntityCompany
Shares215,607,142
Max PriceAU$0.0073
BuyAU$16,84724 Jul 19
Merchant Funds Management Pty Ltd
EntityCompany
Shares4,971,429
Max PriceAU$0.0051
SellAU$449,67224 Jul 19
Merchant Funds Management Pty Ltd
EntityCompany
Shares112,428,571
Max PriceAU$0.004

Ownership Breakdown


Management Team

  • Piers Lewis

    Non-Executive Independent Chairman & Joint Company Secretary

    • Tenure: 0yrs
    • Compensation: AU$41.67k
  • Arron Canicais

    Joint Company Secretary

    • Tenure: 2.6yrs
  • Mathew Merson

    Chief Financial Officer

    • Tenure: 0.4yrs
    • Compensation: AU$75.12k
  • Paul Claessen

    Co-Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: AU$199.19k
  • Ben Hammond

    Co-Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: AU$252.18k

Board Members

  • Piers Lewis

    Non-Executive Independent Chairman & Joint Company Secretary

    • Tenure: 0yrs
    • Compensation: AU$41.67k
  • Daniel Kennedy

    Non-Executive Director

    • Tenure: 0.4yrs
    • Compensation: AU$37.67k
  • Benjamin Rattigan

    Non-Executive Director

    • Tenure: 0.4yrs
    • Compensation: AU$7.67k

Company Information

Cycliq Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cycliq Group Limited
  • Ticker: CYQ
  • Exchange: ASX
  • Founded:
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: AU$1.713m
  • Shares outstanding: 1.71b
  • Website: https://www.cycliq.com

Location

  • Cycliq Group Limited
  • Unit A14
  • Level 2
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYQASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2016
CYQCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2016

Biography

Cycliq Group Limited engages in the manufacture and supply of HD bike cameras and safety lights in Australia and internationally. The company offers cycling safety and action camera solutions; accessories; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 10:40
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.