TSXV:CYP

Stock Analysis Report

Cypress Development

Executive Summary

Cypress Development Corp., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States and Canada.

Risk Analysis

Earnings have declined by -25.44% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

+ 1 more risk


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Cypress Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CYP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.1%

CYP

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

0%

CYP

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: CYP underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.

Return vs Market: CYP underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

CYPIndustryMarket
7 Day8.1%2.4%0.6%
30 Day-4.8%1.2%0.5%
90 Day25.0%6.6%3.6%
1 Year0%0%5.0%4.4%9.1%5.8%
3 Year42.9%42.9%-10.4%-11.9%15.4%5.0%
5 Year110.5%110.5%22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Cypress Development undervalued compared to its fair value and its price relative to the market?

3.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CYP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CYP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CYP is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: CYP is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CYP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CYP is overvalued based on its PB Ratio (3.6x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.6%

Forecasted Materials 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 Cypress Development 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 Cypress Development performed over the past 5 years?

-25.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CYP is currently unprofitable.

Growing Profit Margin: CYP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CYP is unprofitable, and losses have increased over the past 5 years at a rate of -25.4% per year.

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

Earnings vs Industry: CYP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: CYP has a negative Return on Equity (-47.04%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cypress Development's financial position?


Financial Position Analysis

Short Term Liabilities: CYP's short term assets (CA$1.1M) exceed its short term liabilities (CA$123.4K).

Long Term Liabilities: CYP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CYP is debt free.

Reducing Debt: CYP has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CYP's debt is 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: CYP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CYP has less than a year of cash runway if free cash flow continues to reduce at historical rates of -29.5% each year


Next Steps

Dividend

What is Cypress Development's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CYP'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 CYP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

8.4yrs

Average board tenure


CEO

Bill Willoughby (62yo)

2.4yrs

Tenure

CA$69,558

Compensation

Dr. William Wesley Willoughby, also known as Bill, PE, has been Principal and owner of Idaho-based consulting firm Willoughby & Associates, PLLC since 2014. Dr. Willoughby serves as Chief Executive Officer ...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD52.49K) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Donald Huston
Chairman of the Board & President2.4yrsCA$60.00k0.97% CA$174.3k
William Willoughby
CEO & Director2.4yrsCA$69.56k1.31% CA$236.7k
James Pettit
CFO, Secretary & Director19.7yrsCA$6.00k0.26% CA$46.9k
Donald Myers
Director of Corporate Communications & Independent Director14.4yrsCA$48.00k2.55% CA$459.2k
Corby Anderson
Member of Technical Advisory Board1.1yrsno datano data
Amanda Chow
Independent Director14.3yrsCA$12.00kno data

8.4yrs

Average Tenure

62.5yo

Average Age

Experienced Board: CYP's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CYP insiders have only sold shares 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 30.4%.


Top Shareholders

Company Information

Cypress Development Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cypress Development Corp.
  • Ticker: CYP
  • Exchange: TSXV
  • Founded: 1991
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$18.015m
  • Shares outstanding: 90.08m
  • Website: https://www.cypressdevelopmentcorp.com

Location

  • Cypress Development Corp.
  • 777 Dunsmuir Street
  • Suite 1610
  • Vancouver
  • British Columbia
  • V7Y 1K4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYPTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 1993
C1Z1DB (Deutsche Boerse AG)YesCommon SharesDEEURMar 1993
CYDV.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 1993

Biography

Cypress Development Corp., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States and Canada. It explores for lithium, silver, and zinc deposits. The company’s flagship project is the Clayton Valley lithium project comprising Dean and Glory claim blocks covering an area of approximately 5,700 acres located in Esmeralda County, Nevada. Cypress Development Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 23:37
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.