OTCPK:SYEV

Stock Analysis Report

Seychelle Environmental Technologies

Executive Summary

Seychelle Environmental Technologies, Inc.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Seychelle Environmental Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SYEV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SYEV

-0.4%

US Consumer Durables

-1.1%

US Market


1 Year Return

1.1%

SYEV

27.7%

US Consumer Durables

17.9%

US Market

Return vs Industry: SYEV underperformed the US Consumer Durables industry which returned 27.7% over the past year.

Return vs Market: SYEV underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

SYEVIndustryMarket
7 Day0%-0.4%-1.1%
30 Day-9.1%1.6%1.4%
90 Day39.9%7.9%6.9%
1 Year1.1%1.1%29.4%27.7%20.3%17.9%
3 Year-37.5%-37.5%33.2%27.3%47.8%38.3%
5 Year-50.0%-50.0%39.7%30.7%71.9%53.0%

Price Volatility Vs. Market

How volatile is Seychelle Environmental Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Seychelle Environmental Technologies undervalued compared to its fair value and its price relative to the market?

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SYEV ($0.1) is trading above our estimate of fair value ($0)

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


Price To Earnings Ratio

PE vs Industry: SYEV is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SYEV is good value based on its PB Ratio (0.8x) compared to the US Consumer Durables industry average (1.5x).


Next Steps

Future Growth

How is Seychelle Environmental Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.5%

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 Seychelle Environmental Technologies 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 Seychelle Environmental Technologies performed over the past 5 years?

13.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SYEV is currently unprofitable.

Growing Profit Margin: SYEV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SYEV is unprofitable, but has reduced losses over the past 5 years at a rate of 13.5% per year.

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

Earnings vs Industry: SYEV is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (5.5%).


Return on Equity

High ROE: SYEV has a negative Return on Equity (-4.28%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Seychelle Environmental Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: SYEV's short term assets ($3.7M) exceed its short term liabilities ($649.8K).

Long Term Liabilities: SYEV's short term assets ($3.7M) exceed its long term liabilities ($172.0K).


Debt to Equity History and Analysis

Debt Level: SYEV is debt free.

Reducing Debt: SYEV had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if SYEV'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: Whilst unprofitable SYEV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SYEV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.3% per year.


Next Steps

Dividend

What is Seychelle Environmental Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate SYEV'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 SYEV's dividends per share have been stable in the past.

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


Next Steps

Management

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

0.9yrs

Average management tenure


CEO

Cari Beck (58yo)

0.9yrs

Tenure

US$48,507

Compensation

Ms. Cari Beck has been the President, Chief Executive Officer, Treasurer and Chief Financial Officer of Seychelle Environmental Technologies, Inc. since March 8, 2019 and serves as its Human Resources Mana ...


CEO Compensation Analysis

Compensation vs Market: Cari's total compensation ($USD48.51K) is below average for companies of similar size in the US market ($USD522.48K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Carl Palmer
Founder & Chairman7.8yrsUS$164.45k39.54% $1.1m
Cari Beck
President0.9yrsUS$48.51k0.78% $20.9k
Tom Greiner
Operations Manager0yrsno datano data
Jocelyn Straubinger
Controller0.9yrsno datano data
Lena Smith
Secretary0.9yrsno datano data

0.9yrs

Average Tenure

58yo

Average Age

Experienced Management: SYEV's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Carl Palmer
Founder & Chairman7.8yrsUS$164.45k39.54% $1.1m
Cari Beck
President0.9yrsUS$48.51k0.78% $20.9k
John Beck
Director3.8yrsno datano data

3.8yrs

Average Tenure

61yo

Average Age

Experienced Board: SYEV's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Seychelle Environmental Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seychelle Environmental Technologies, Inc.
  • Ticker: SYEV
  • Exchange: OTCPK
  • Founded: 1986
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: US$2.664m
  • Shares outstanding: 26.64m
  • Website: https://www.seychelle.com

Number of Employees


Location

  • Seychelle Environmental Technologies, Inc.
  • 22 Journey
  • Aliso Viejo
  • California
  • 92656
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SYEVOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 1998

Biography

Seychelle Environmental Technologies, Inc. designs, assembles, and distributes absorption micron filters for portable filter devices worldwide. Its products include flip-top and pull top bottles, canteens, water pitchers, pure water pumps, stainless steel bottles, in-line filters, pure water bags, pure water pouches, and pure water straws, as well as Pump N’ Pure. The company sells its products to individuals, dealers, distributors, governments, non-governmental organizations, and emergency relief organizations. It also sells its products as a private label supplier. The company was formerly known as Royal Net, Inc. and changed its name to Seychelle Environmental Technologies, Inc. in January 1998. Seychelle Environmental Technologies, Inc. was incorporated in 1986 and is based in Aliso Viejo, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 00:48
End of Day Share Price2020/02/20 00:00
Earnings2019/11/30
Annual Earnings2019/02/28


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.