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22nd Century Group

AMEX:XXII
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XXII
AMEX
$238M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

22nd Century Group, Inc., a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. The last earnings update was 73 days ago. More info.


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XXII Share Price and Events
7 Day Returns
-3.5%
AMEX:XXII
0.9%
US Tobacco
-0.3%
US Market
1 Year Returns
-23.3%
AMEX:XXII
-13.2%
US Tobacco
3.4%
US Market
XXII Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
22nd Century Group (XXII) -3.5% -7.3% 2.1% -23.3% 135.8% -26.5%
US Tobacco 0.9% -2.6% -8.4% -13.2% -27.2% 18.1%
US Market -0.3% 2.9% 2.1% 3.4% 36.2% 41.3%
1 Year Return vs Industry and Market
  • XXII underperformed the Tobacco industry which returned -13.2% over the past year.
  • XXII underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
XXII
Industry
5yr Volatility vs Market

Value

 Is 22nd Century Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for 22nd Century Group. This is due to cash flow or dividend data being unavailable. The share price is $1.91.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for 22nd Century Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 22nd Century Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:XXII PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.09
AMEX:XXII Share Price ** AMEX (2019-07-18) in USD $1.91
Global Tobacco Industry PE Ratio Median Figure of 12 Publicly-Listed Tobacco Companies 13.8x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of 22nd Century Group.

AMEX:XXII PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:XXII Share Price ÷ EPS (both in USD)

= 1.91 ÷ -0.09

-20.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 22nd Century Group is loss making, we can't compare its value to the Global Tobacco industry average.
  • 22nd Century Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does 22nd Century Group's expected growth come at a high price?
Raw Data
AMEX:XXII PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -20.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Global Tobacco Industry PEG Ratio Median Figure of 7 Publicly-Listed Tobacco Companies 1.57x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for 22nd Century Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on 22nd Century Group's assets?
Raw Data
AMEX:XXII PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.56
AMEX:XXII Share Price * AMEX (2019-07-18) in USD $1.91
United States of America Tobacco Industry PB Ratio Median Figure of 8 Publicly-Listed Tobacco Companies 5.01x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.8x
AMEX:XXII PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:XXII Share Price ÷ Book Value per Share (both in USD)

= 1.91 ÷ 0.56

3.41x

* Primary Listing of 22nd Century Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 22nd Century Group is good value based on assets compared to the US Tobacco industry average.
X
Value checks
We assess 22nd Century Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tobacco industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tobacco industry average (and greater than 0)? (1 check)
  5. 22nd Century Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is 22nd Century Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-35%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is 22nd Century Group expected to grow at an attractive rate?
  • 22nd Century Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • 22nd Century Group's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • 22nd Century Group's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
AMEX:XXII Future Growth Rates Data Sources
Data Point Source Value (per year)
AMEX:XXII Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -35%
AMEX:XXII Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -12.4%
United States of America Tobacco Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
Global Tobacco Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:XXII Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:XXII Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 21 1
2019-12-31 21 1
AMEX:XXII Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 27 -19 -11
2018-12-31 26 -18 -8
2018-09-30 25 -15 -3
2018-06-30 24 -13 -12
2018-03-31 20 -13 -9
2017-12-31 17 -12 -13
2017-09-30 14 -12 -12
2017-06-30 13 -11 -11
2017-03-31 11 -10 -11
2016-12-31 12 -10 -12
2016-09-30 12 -10 -12
2016-06-30 11 -10 -12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 22nd Century Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • 22nd Century Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:XXII Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from 22nd Century Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:XXII Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.18 -0.18 -0.18 1.00
2019-12-31 -0.15 -0.15 -0.15 1.00
AMEX:XXII Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.09
2018-12-31 -0.06
2018-09-30 -0.02
2018-06-30 -0.11
2018-03-31 -0.08
2017-12-31 -0.13
2017-09-30 -0.13
2017-06-30 -0.13
2017-03-31 -0.13
2016-12-31 -0.15
2016-09-30 -0.16
2016-06-30 -0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if 22nd Century Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess 22nd Century Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
22nd Century Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has 22nd Century Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare 22nd Century Group's growth in the last year to its industry (Tobacco).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 22nd Century Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare 22nd Century Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare 22nd Century Group's 1-year growth to the Global Tobacco industry average as it is not currently profitable.
Earnings and Revenue History
22nd Century Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from 22nd Century Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:XXII Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 26.60 -11.43 8.83 14.92
2018-12-31 26.43 -7.97 8.59 14.99
2018-09-30 25.23 -2.78 8.72 12.53
2018-06-30 23.50 -12.40 8.64 9.30
2018-03-31 20.48 -9.02 8.59 5.33
2017-12-31 16.60 -13.03 8.28 3.37
2017-09-30 14.00 -12.04 7.65 2.69
2017-06-30 12.56 -11.40 7.24 2.60
2017-03-31 11.49 -10.95 7.14 2.29
2016-12-31 12.28 -11.58 7.78 2.34
2016-09-30 11.88 -11.70 8.02 2.42
2016-06-30 11.45 -11.78 8.28 2.24
2016-03-31 10.92 -10.17 7.90 2.01
2015-12-31 8.52 -11.03 9.12 1.57
2015-09-30 5.59 -13.76 11.24 1.36
2015-06-30 2.99 -13.72 11.57 1.21
2015-03-31 0.70 -14.40 11.64 1.19
2014-12-31 0.53 -15.60 9.04 1.22
2014-09-30 7.75 -17.83 5.58 1.08
2014-06-30 7.74 -30.47 4.38 0.87
2014-03-31 7.73 -28.96 4.13 0.78
2013-12-31 7.28 -26.15 4.12 0.74
2013-09-30 0.06 -22.64 3.95 0.74
2013-06-30 0.02 -7.71 3.42 0.76
2013-03-31 0.02 -7.13 3.10 0.83
2012-12-31 0.02 -6.74 2.27 0.73
2012-09-30 0.00 -1.58 2.20 1.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if 22nd Century Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if 22nd Century Group has efficiently used its assets last year compared to the Global Tobacco industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if 22nd Century Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess 22nd Century Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tobacco industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
22nd Century Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is 22nd Century Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up 22nd Century Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 22nd Century Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • 22nd Century Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 22nd Century Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 37.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from 22nd Century Group Company Filings, last reported 3 months ago.

AMEX:XXII Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 69.82 1.55 51.85
2018-12-31 71.28 1.54 56.35
2018-09-30 79.49 0.68 62.12
2018-06-30 72.51 0.68 53.45
2018-03-31 77.59 0.00 59.41
2017-12-31 75.43 0.00 62.64
2017-09-30 28.00 0.33 15.02
2017-06-30 24.89 0.32 12.48
2017-03-31 21.88 0.31 10.73
2016-12-31 24.33 0.31 13.47
2016-09-30 16.17 0.64 5.19
2016-06-30 13.96 0.63 2.84
2016-03-31 16.64 0.62 6.05
2015-12-31 11.73 0.62 3.76
2015-09-30 14.22 1.12 6.74
2015-06-30 16.57 1.11 8.20
2015-03-31 11.95 1.10 3.84
2014-12-31 15.22 1.10 6.40
2014-09-30 20.13 0.17 10.02
2014-06-30 9.13 0.17 4.17
2014-03-31 10.16 0.17 5.37
2013-12-31 7.52 0.17 5.83
2013-09-30 -17.00 1.25 1.04
2013-06-30 -7.21 1.60 0.45
2013-03-31 -7.73 1.54 0.28
2012-12-31 -6.13 2.69 0.00
2012-09-30 -2.36 2.48 0.01
  • 22nd Century Group's level of debt (2.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.7% vs 2.2% today).
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.

  • 22nd Century Group has sufficient cash runway for 2.5 years based on current free cash flow.
  • 22nd Century Group has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 27.1% each year.
X
Financial health checks
We assess 22nd Century Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. 22nd Century Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is 22nd Century Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from 22nd Century Group dividends.
If you bought $2,000 of 22nd Century Group shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate 22nd Century Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate 22nd Century Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:XXII Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Global Tobacco Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:XXII Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as 22nd Century Group has not reported any payouts.
  • Unable to verify if 22nd Century Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of 22nd Century Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as 22nd Century Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess 22nd Century Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can 22nd Century Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 22nd Century Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of 22nd Century Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Henry Sicignano
COMPENSATION $949,446
AGE 51
TENURE AS CEO 4.3 years
CEO Bio

Mr. Henry Sicignano, III, MBA, has been the Chief Executive Officer and President of 22nd Century Group, Inc. since March 3, 2015 and April 2010 respectively and also served as its Chief Operating Officer from October 25, 2014 to March 3, 2015. Mr. Sicignano served as an Interim Chief Financial Officer and Principal Accounting Officer of 22nd Century Group, Inc. from July 6, 2012 to April 1, 2013 and served as its Secretary from January 25, 2011 to May 27, 2014. He served as president of 22nd Century Limited, LLC since 2010. From 2005 to 2009, Mr. Sicignano served as a General Manager and as the Director of Corporate Marketing for NOCO Energy Corp. and from 2003 to 2005, as Vice President of Kittinger Furniture Company, Inc. From 1997 to 2002, he served as Vice President and Marketing Director of Santa Fe Natural Tobacco, a specialty tobacco company, prior to the sale of that company to R.J. Reynolds Tobacco Company in 2002. He has been a Director of 22nd Century Group, Inc. since March 4, 2011. Mr. Sicignano holds a Bachelors of Arts Degree in Government and a Master of Business Administration Degree from Harvard University.

CEO Compensation
  • Henry's compensation has increased whilst company is loss making.
  • Henry's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the 22nd Century Group management team in years:

5.2
Average Tenure
60
Average Age
  • The average tenure for the 22nd Century Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Henry Sicignano

TITLE
President
COMPENSATION
$949K
AGE
51
TENURE
4.3 yrs

John Brodfuehrer

TITLE
CFO & Treasurer
COMPENSATION
$548K
AGE
61
TENURE
6.3 yrs

Thomas James

TITLE
VP, General Counsel & Secretary
COMPENSATION
$524K
AGE
60
TENURE
5.2 yrs

Mike Zercher

TITLE
Chief Operating Officer
TENURE
0.1 yrs

James Vail

TITLE
Director of Communications

Jim Morrison

TITLE
Technical Advisor & Regulatory Affairs Consultant
TENURE
12.5 yrs
Board of Directors Tenure

Average tenure and age of the 22nd Century Group board of directors in years:

5.6
Average Tenure
62
Average Age
  • The tenure for the 22nd Century Group board of directors is about average.
Board of Directors

Jim Cornell

TITLE
Chairman
COMPENSATION
$181K
AGE
62
TENURE
4.8 yrs

Henry Sicignano

TITLE
President
COMPENSATION
$949K
AGE
51
TENURE
8.3 yrs

Joseph Dunn

TITLE
Director
COMPENSATION
$137K
AGE
65
TENURE
8.3 yrs

Rick Sanders

TITLE
Director
COMPENSATION
$140K
AGE
66
TENURE
5.6 yrs

Nora Sullivan

TITLE
Director
COMPENSATION
$140K
AGE
61
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • 22nd Century Group individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Jun 19 Sell Thomas James Individual 17. Jun 19 17. Jun 19 -48,000 $2.11 $-101,198
X
Management checks
We assess 22nd Century Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 22nd Century Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Have Insiders Been Selling 22nd Century Group, Inc. (NYSEMKT:XXII) Shares This Year?

For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' See our latest analysis for 22nd Century Group The Last 12 Months Of Insider Transactions At 22nd Century Group Over the last year, we can see that the biggest insider sale was by the VP, General Counsel & Secretary, Thomas James, for US$101k worth of shares, at about US$2.11 per share. … AMEX:XXII Recent Insider Trading, July 8th 2019 Insider Ownership of 22nd Century Group Many investors like to check how much of a company is owned by insiders. … Insiders own 7.9% of 22nd Century Group shares, worth about US$19m.

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Does 22nd Century Group, Inc.'s (NYSEMKT:XXII) CEO Salary Compare Well With Others?

Check out our latest analysis for 22nd Century Group How Does Henry Sicignano's Compensation Compare With Similar Sized Companies? … The graphic below shows how CEO compensation at 22nd Century Group has changed from year to year. … If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at 22nd Century Group.

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If You Had Bought 22nd Century Group (NYSEMKT:XXII) Shares Three Years Ago You'd Have Made 141%

While 22nd Century Group, Inc. … 22nd Century Group isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … In the last 3 years 22nd Century Group saw its revenue grow at 37% per year.

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Who Has Been Selling 22nd Century Group, Inc. (NYSEMKT:XXII) Shares?

22nd Century Group Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider sale was by the VP, General Counsel & Secretary, Thomas James, for US$122k worth of shares, at about US$2.44 per share. … While we don't usually like to see insider selling, it's more concerning if the sales take price at a lower price.

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Does 22nd Century Group, Inc.'s (NYSEMKT:XXII) CEO Pay Matter?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Henry Sicignano's Compensation Compare With Similar Sized Companies. … has a market capitalization of US$292m, and pays its CEO total annual compensation worth US$711k.

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What Type Of Shareholder Owns 22nd Century Group, Inc.'s (NYSEMKT:XXII)?

The big shareholder groups in 22nd Century Group, Inc. … With a market capitalization of US$343m, 22nd Century Group is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for 22nd Century Group

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Are Insiders Selling 22nd Century Group Inc (NYSEMKT:XXII) Stock?

So we'll take a look at whether insiders have been buying or selling shares in 22nd Century Group Inc (NYSEMKT:XXII). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … That means that an insider was selling shares at below the current price (US$3.04).

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What Kind Of Shareholders Own 22nd Century Group Inc (NYSEMKT:XXII)?

If you want to know who really controls 22nd Century Group Inc (NYSEMKT:XXII), then you'll have to look at the makeup of its share registry. … With a market capitalization of US$378m, 22nd Century Group is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for 22nd Century Group

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Is 22nd Century Group Inc's (NYSEMKT:XXII) CEO Overpaid Relative To Its Peers?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … CEOs leading companies of similar size and profitability

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Why Are Insiders Cautious About 22nd Century Group Inc's (NYSEMKT:XXII) Shares?

22nd Century Group, Inc., a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. … 22nd Century Group's insiders have divested from. … Generally, insiders selling shares in their own firm sends a bearish signal

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Company Info

Description

22nd Century Group, Inc., a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. It offers premium cigarettes under the RED SUN and MAGIC brands; and SPECTRUM research cigarettes for use in independent clinical studies. The company’s products under development include BRAND A, a very low nicotine content cigarette; X-22, a tobacco-based botanical medical product for use as an aid to smoking cessation; and BRAND B, a low-tar-to-nicotine ratio cigarette. It is also involved in contract manufacturing business for third-party branded tobacco products. The company has a strategic research and development agreement with Keygene N.V. to develop hemp/cannabis plants for medical and therapeutic use, and other applications. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Williamsville, New York.

Details
Name: 22nd Century Group, Inc.
XXII
Exchange: AMEX
Founded: 1998
$238,100,600
124,660,000
Website: http://www.xxiicentury.com
Address: 22nd Century Group, Inc.
8560 Main Street,
Suite 4,
Williamsville,
New York, 14221,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX XXII Common Stock NYSE MKT LLC US USD 26. Jan 2011
DB 22N Common Stock Deutsche Boerse AG DE EUR 26. Jan 2011
LSE 0LHJ Common Stock London Stock Exchange GB USD 26. Jan 2011
Number of employees
Current staff
Staff numbers
82
22nd Century Group employees.
Industry
Tobacco
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 00:27
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/06/12
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.