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.
Excellent balance sheet and overvalued.
Share Price & News
How has 22nd Century Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XXII's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: XXII underperformed the US Tobacco industry which returned -7.9% over the past year.
Return vs Market: XXII underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is 22nd Century Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIf You Had Bought 22nd Century Group (NYSEMKT:XXII) Stock A Year Ago, You'd Be Sitting On A 60% Loss, Today
1 month ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For 22nd Century Group, Inc. (NYSEMKT:XXII)?
2 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of 22nd Century Group, Inc. (NYSEMKT:XXII)?
Is 22nd Century Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate XXII's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate XXII's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: XXII is unprofitable, so we can't compare its PE Ratio to the Tobacco industry average.
PE vs Market: XXII 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 XXII's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XXII is good value based on its PB Ratio (2.5x) compared to the US Tobacco industry average (3.5x).
How is 22nd Century Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco 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 22nd Century 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.
- Examine 22nd Century Group'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.
- 22nd Century Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has 22nd Century Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XXII is currently unprofitable.
Growing Profit Margin: XXII is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: XXII is unprofitable, but has reduced losses over the past 5 years at a rate of 1.4% per year.
Accelerating Growth: Unable to compare XXII's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XXII is unprofitable, making it difficult to compare its past year earnings growth to the Tobacco industry (2.3%).
Return on Equity
High ROE: XXII has a negative Return on Equity (-52.94%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is 22nd Century Group's financial position?
Financial Position Analysis
Short Term Liabilities: XXII's short term assets ($47.7M) exceed its short term liabilities ($5.0M).
Long Term Liabilities: XXII's short term assets ($47.7M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: XXII's debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: XXII's debt to equity ratio has increased from 0.9% to 2.1% over the past 5 years.
Inventory Level: XXII has a low level of unsold assets or inventory.
Debt Coverage by Assets: XXII's debt is covered by short term assets (assets are 40.9x debt).
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: XXII has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XXII has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of -28.9% each year.
What is 22nd Century Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate XXII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate XXII'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 XXII's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if XXII'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 XXII's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
22nd Century Group has no CEO, or we have no data on them.
|CFO & Treasurer||6.9yrs||US$548.36k||0.21% $294.0k|
|President & COO||0.2yrs||no data||0.0021% $3.0k|
|Chief Financial Officer||0.2yrs||no data||0.039% $56.0k|
|Director of Communications||0yrs||no data||no data|
|Technical Advisor & Regulatory Affairs Consultant||13.1yrs||no data||no data|
Experienced Management: XXII's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
|Independent Chairman||0.08yrs||US$140.05k||0.013% $18.3k|
|Independent Director||6.2yrs||US$140.05k||0.043% $61.6k|
|Independent Director||8.9yrs||US$180.55k||0.13% $188.1k|
|Director||0.5yrs||no data||0.079% $112.0k|
|Director||0.08yrs||no data||no data|
Experienced Board: XXII's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
22nd Century Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: 22nd Century Group, Inc.
- Ticker: XXII
- Exchange: AMEX
- Founded: 1998
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: US$142.318m
- Shares outstanding: 127.07m
- Website: https://www.xxiicentury.com
Number of Employees
- 22nd Century Group, Inc.
- 8560 Main Street
- Suite 4
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|XXII||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Jan 2011|
|22N||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 2011|
|0LHJ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 2011|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:12|
|End of Day Share Price||2020/02/18 00:00|
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.