ASX:CYQ

Stock Analysis Report

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Executive Summary

Cycliq Group Limited produces and sells HD bike cameras and safety lights in Australia, the United States, the United Kingdom, and internationally. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

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.


Market Performance


7 Day Return

16.7%

CYQ

-0.8%

AU Leisure

0.3%

AU Market


1 Year Return

250.0%

CYQ

32.3%

AU Leisure

-5.4%

AU Market

Return vs Industry: CYQ exceeded the Australian Leisure industry which returned 32.4% over the past year.

Return vs Market: CYQ exceeded the Australian Market which returned -5.7% over the past year.


Shareholder returns

CYQIndustryMarket
7 Day16.7%-0.8%0.3%
30 Day16.7%8.8%6.3%
90 Day250.0%19.4%3.7%
1 Year250.0%250.0%34.8%32.3%-2.1%-5.4%
3 Year-76.7%-80.6%14.3%8.2%18.3%3.3%
5 Yearn/a16.0%6.5%43.1%14.0%

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?


Share Price vs. Fair Value

Below Fair Value: CYQ (A$0) is trading above our estimate of fair value (A$0)

Significantly Below Fair Value: CYQ is trading above our estimate of fair value.


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.


Next Steps

Future Growth

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

38.4%

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?

3.4%

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.


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


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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Paul Claessen

0.17

Tenure

AU$258,631

Compensation

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 ($USD182.39K) is below average for companies of similar size in the Australian market ($USD275.98K).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Paul Claessen
Co-Chief Executive Officer0.17yrAU$258.63k1.24%
A$ 85.2k
Ben Hammond
Co-Chief Executive Officer0.17yrAU$261.64k3.78%
A$ 259.5k
Mathew Merson
Chief Financial Officer1.42yrsAU$233.42k1.54%
A$ 105.4k
Arron Canicais
Joint Company Secretary3.58yrsno datano data

0.8yrs

Average Tenure

Experienced Management: CYQ's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Craig Smith-Gander
Independent Non-Executive Chairman0.17yrno data0.20%
A$ 14.0k
Daniel Kennedy
Non-Executive Director1.42yrsAU$38.00k0.052%
A$ 3.6k
Xavier Kris
Independent Non Executive Director0.17yrno datano data

0.2yrs

Average Tenure

Experienced Board: CYQ's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.


Top Shareholders

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$6.859m
  • Shares outstanding: 1.96b
  • 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 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 10:41
End of Day Share Price2020/10/16 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.