Cycliq Group Limited produces and sells HD bike cameras and safety lights in Australia, the United States, the United Kingdom, and internationally. More Details
Imperfect balance sheet and overvalued.
Share Price & News
How has Cycliq Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CYQ's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CYQ exceeded the Australian Leisure industry which returned 28.9% over the past year.
Return vs Market: CYQ exceeded the Australian Market which returned -6.2% over the past year.
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
1 month ago | Simply Wall StA Look At The Fair Value Of Cycliq Group Limited (ASX:CYQ)
4 months ago | Simply Wall StIntroducing Cycliq Group (ASX:CYQ), The Stock That Collapsed 96%
6 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Cycliq Group Limited (ASX:CYQ)?
Is Cycliq Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CYQ (A$0) is trading below our estimate of fair value (A$0)
Significantly Below Fair Value: CYQ is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CYQ is unprofitable, so we can't compare its PE Ratio to the XX Leisure industry average.
PE vs Market: CYQ is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CYQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CYQ has negative assets, so we can't compare its PB Ratio to the XX Leisure industry average.
How is Cycliq Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Cycliq Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Cycliq Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CYQ is currently unprofitable.
Growing Profit Margin: CYQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CYQ is unprofitable, but has reduced losses over the past 5 years at a rate of 3.4% 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 (-7.1%).
Return on Equity
High ROE: CYQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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.
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: Whilst unprofitable CYQ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CYQ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.6% per year.
What is Cycliq Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CYQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CYQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Paul Claessen serves as Co-Chief Executive Officer at Cycliq Group Limited since August 11, 2020. Mr Claessen has been with Cycliq Group since 15 May 2017 as an independent consultant and was appointed ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD183.90K) is below average for companies of similar size in the Australian market ($USD275.49K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
|Co-Chief Executive Officer||0.17yr||AU$258.63k||1.24% |
|Co-Chief Executive Officer||0.17yr||AU$261.64k||3.78% |
|Chief Financial Officer||1.42yrs||AU$233.42k||1.54% |
|Joint Company Secretary||3.58yrs||no data||no data|
Experienced Management: CYQ's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Independent Non-Executive Chairman||0.17yr||no data||0.20% |
|Non-Executive Director||1.42yrs||AU$38.00k||0.052% |
|Independent Non Executive Director||0.17yr||no data||no data|
Experienced Board: CYQ's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CYQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.
Cycliq Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Cycliq Group Limited
- Ticker: CYQ
- Exchange: ASX
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: AU$6.859m
- Shares outstanding: 1.96b
- Website: https://www.cycliq.com
- Cycliq Group Limited
- Unit A14
- Level 2
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CYQ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2016|
|CYQ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2016|
Cycliq Group Limited produces and sells HD bike cameras and safety lights in Australia, the United States, the United Kingdom, and internationally. It offers cycling safety and action camera solutions; acc ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 10:38|
|End of Day Share Price||2020/10/22 00:00|
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.