company background image
CYBE

CyberOptics NasdaqGM:CYBE Stock Report

Last Price

US$35.12

Market Cap

US$262.8m

7D

-5.0%

1Y

-13.3%

Updated

24 Jun, 2022

Data

Company Financials +
CYBE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

CYBE Stock Overview

CyberOptics Corporation designs, develops, manufactures, and markets high precision sensing technology solutions and system products for inspection and metrology worldwide.

CyberOptics Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for CyberOptics
Historical stock prices
Current Share PriceUS$35.12
52 Week HighUS$49.95
52 Week LowUS$32.32
Beta1.53
1 Month Change-14.76%
3 Month Change-7.31%
1 Year Change-13.31%
3 Year Change116.39%
5 Year Change70.07%
Change since IPO857.82%

Recent News & Updates

Jun 01

CyberOptics: Semiconductor Industry Cyclical With Potential Breakout

This company is a cyclical stalwart, with a very predictable historical chart. However, recent performance has exited the historical range. Does this breakout signal a new phase of linear growth, or just a larger cycle than historically? I find that the data may suggest that the company may be entering a new linear trend thanks to strong performance of the customer base.

May 25
Here's Why We Think CyberOptics (NASDAQ:CYBE) Is Well Worth Watching

Here's Why We Think CyberOptics (NASDAQ:CYBE) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

May 11
CyberOptics (NASDAQ:CYBE) Is Experiencing Growth In Returns On Capital

CyberOptics (NASDAQ:CYBE) Is Experiencing Growth In Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...

Shareholder Returns

CYBEUS SemiconductorUS Market
7D-5.0%1.9%4.0%
1Y-13.3%-17.4%-20.5%

Return vs Industry: CYBE exceeded the US Semiconductor industry which returned -17.4% over the past year.

Return vs Market: CYBE exceeded the US Market which returned -20.5% over the past year.

Price Volatility

Is CYBE's price volatile compared to industry and market?
CYBE volatility
CYBE Average Weekly Movement8.6%
Semiconductor Industry Average Movement8.4%
Market Average Movement7.9%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: CYBE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CYBE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984189Subodh Kulkarnihttps://www.cyberoptics.com

CyberOptics Corporation designs, develops, manufactures, and markets high precision sensing technology solutions and system products for inspection and metrology worldwide. It offers products based on multi-reflection suppression (MRS) technology, including multi-function systems for inspection and metrology; MX3000 memory module inspection system; 3D NanoResolution MRS sensor and WX3000 inspection and metrology system for semiconductor wafer and advanced packaging inspection and metrology; high precision 3D and 2D sensors; 3D MRS sensors; SMT electronic assembly alignment sensors; and inspection and metrology systems. The company also provides automated optical inspection (AOI) products; SQ3000 multi-function systems; QX Series 2D AOI products; MX products for inspection of memory modules; SPI Products; and semiconductor wafer and advanced packaging products.

CyberOptics Fundamentals Summary

How do CyberOptics's earnings and revenue compare to its market cap?
CYBE fundamental statistics
Market CapUS$262.83m
Earnings (TTM)US$14.90m
Revenue (TTM)US$99.29m

17.4x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CYBE income statement (TTM)
RevenueUS$99.29m
Cost of RevenueUS$52.91m
Gross ProfitUS$46.38m
Other ExpensesUS$31.48m
EarningsUS$14.90m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.01
Gross Margin46.71%
Net Profit Margin15.01%
Debt/Equity Ratio0%

How did CYBE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CYBE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CYBE?

Other financial metrics that can be useful for relative valuation.

CYBE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA12x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

How does CYBE's PE Ratio compare to its peers?

CYBE PE Ratio vs Peers
The above table shows the PE ratio for CYBE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.7x

Price-To-Earnings vs Peers: CYBE is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (20.7x).


Price to Earnings Ratio vs Industry

How does CYBE's PE Ratio compare vs other companies in the U.S. Semiconductor Industry?

Price-To-Earnings vs Industry: CYBE is good value based on its Price-To-Earnings Ratio (17.4x) compared to the US Semiconductor industry average (17.8x)


Price to Earnings Ratio vs Fair Ratio

What is CYBE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CYBE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.4x
Fair PE Ratio14.4x

Price-To-Earnings vs Fair Ratio: CYBE is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).


Share Price vs Fair Value

What is the Fair Price of CYBE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CYBE ($35.12) is trading above our estimate of fair value ($31.69)

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


Price to Earnings Growth Ratio

PEG Ratio: CYBE is poor value based on its PEG Ratio (1.4x)


Discover undervalued companies

Future Growth

How is CyberOptics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYBE's forecast earnings growth (12.3% per year) is above the savings rate (1.9%).

Earnings vs Market: CYBE's earnings (12.3% per year) are forecast to grow slower than the US market (13.9% per year).

High Growth Earnings: CYBE's earnings are forecast to grow, but not significantly.

Revenue vs Market: CYBE's revenue (7.8% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: CYBE's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CYBE's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has CyberOptics performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CYBE has high quality earnings.

Growing Profit Margin: CYBE's current net profit margins (15%) are higher than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: CYBE's earnings have grown significantly by 23.2% per year over the past 5 years.

Accelerating Growth: CYBE's earnings growth over the past year (135.1%) exceeds its 5-year average (23.2% per year).

Earnings vs Industry: CYBE earnings growth over the past year (135.1%) exceeded the Semiconductor industry 70.4%.


Return on Equity

High ROE: CYBE's Return on Equity (18%) is considered low.


Discover strong past performing companies

Financial Health

How is CyberOptics's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CYBE's short term assets ($73.7M) exceed its short term liabilities ($17.9M).

Long Term Liabilities: CYBE's short term assets ($73.7M) exceed its long term liabilities ($2.6M).


Debt to Equity History and Analysis

Debt Level: CYBE is debt free.

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

Debt Coverage: CYBE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CYBE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CYBE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CYBE has not reported any payouts.


Discover strong dividend paying companies

Management

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

8.3yrs

Average management tenure


CEO

Subodh Kulkarni (56 yo)

8.33yrs

Tenure

US$1,422,279

Compensation

Dr. Subodh K. Kulkarni, Ph.D. has been the Chief Executive Officer and President of CyberOptics Corp. since February 1, 2014. Dr. Kulkarni served as the Chief Technology Officer and Senior Vice President o...


CEO Compensation Analysis

Compensation vs Market: Subodh's total compensation ($USD1.42M) is about average for companies of similar size in the US market ($USD1.73M).

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


Leadership Team

Experienced Management: CYBE's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: CYBE's board of directors are considered experienced (4.1 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

CyberOptics Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: CyberOptics Corporation
  • Ticker: CYBE
  • Exchange: NasdaqGM
  • Founded: 1984
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: US$262.831m
  • Shares outstanding: 7.40m
  • Website: https://www.cyberoptics.com

Number of Employees


Location

  • CyberOptics Corporation
  • 5900 Golden Hills Drive
  • Minneapolis
  • Minnesota
  • 55416
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.