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
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 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
| CYP | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.1% | 2.4% | 0.6% |
| 30 Day | -4.8% | 1.2% | 0.5% |
| 90 Day | 25.0% | 6.6% | 3.6% |
| 1 Year | 0%0% | 5.0%4.4% | 9.1%5.8% |
| 3 Year | 42.9%42.9% | -10.4%-11.9% | 15.4%5.0% |
| 5 Year | 110.5%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
1 month ago | Simply Wall St
How Much Are Cypress Development Corp. (CVE:CYP) Insiders Taking Off The Table?3 months ago | Simply Wall St
Here's Why We're A Bit Worried About Cypress Development's (CVE:CYP) Cash Burn Situation7 months ago | Simply Wall St
Investors Who Bought Cypress Development (CVE:CYP) Shares Five Years Ago Are Now Down 53%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
- Examine Cypress Development's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Cypress Development competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
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
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & President | 2.4yrs | CA$60.00k | 0.97% CA$174.3k | |
| CEO & Director | 2.4yrs | CA$69.56k | 1.31% CA$236.7k | |
| CFO, Secretary & Director | 19.7yrs | CA$6.00k | 0.26% CA$46.9k | |
| Director of Corporate Communications & Independent Director | 14.4yrs | CA$48.00k | 2.55% CA$459.2k | |
| Member of Technical Advisory Board | 1.1yrs | no data | no data | |
| Independent Director | 14.3yrs | CA$12.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CYP | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Mar 1993 |
| C1Z1 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Mar 1993 |
| CYDV.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 23:37 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.