NasdaqGM:CYBE

Stock Analysis Report

Executive Summary

CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has CyberOptics's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

11.3%

CYBE

-2.0%

US Semiconductor

0.4%

US Market


1 Year Return

-7.2%

CYBE

28.3%

US Semiconductor

11.4%

US Market

Return vs Industry: CYBE underperformed the US Semiconductor industry which returned 28.3% over the past year.

Return vs Market: CYBE underperformed the US Market which returned 11.4% over the past year.


Shareholder returns

CYBEIndustryMarket
7 Day11.3%-2.0%0.4%
30 Day11.7%-0.6%0.3%
90 Day34.4%-1.9%-1.2%
1 Year-7.2%-7.2%30.9%28.3%13.9%11.4%
3 Year-31.3%-31.3%77.2%66.7%47.2%37.6%
5 Year85.8%85.8%125.3%102.1%62.4%44.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is CyberOptics undervalued compared to its fair value and its price relative to the market?

36.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CYBE ($16.7) is trading above our estimate of fair value ($6.03)

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


Price To Earnings Ratio

PE vs Industry: CYBE is poor value based on its PE Ratio (36.7x) compared to the Semiconductor industry average (26.7x).

PE vs Market: CYBE is poor value based on its PE Ratio (36.7x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: CYBE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CYBE is good value based on its PB Ratio (2.1x) compared to the US Semiconductor industry average (2.6x).


Next Steps

Future Growth

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

-6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYBE's earnings are forecast to decline over the next 3 years (-6.7% per year).

Earnings vs Market: CYBE's earnings are forecast to decline over the next 3 years (-6.7% per year).

High Growth Earnings: CYBE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CYBE's revenue (1.9% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: CYBE's revenue (1.9% 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


Next Steps

Past Performance

How has CyberOptics performed over the past 5 years?

38.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CYBE has become profitable over the past 5 years, growing earnings by 38.4% per year.

Accelerating Growth: CYBE's earnings growth over the past year (222.5%) exceeds its 5-year average (38.4% per year).

Earnings vs Industry: CYBE earnings growth over the past year (222.5%) exceeded the Semiconductor industry -6.2%.


Return on Equity

High ROE: CYBE's Return on Equity (5.6%) is considered low.


Return on Assets

ROA vs Industry: CYBE's Return on Assets is below or equal to the Semiconductor industry average last year.


Return on Capital Employed

ROCE Improving: CYBE's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is CyberOptics's financial position?


Financial Position Analysis

Short Term Liabilities: CYBE's short term assets ($52.5M) exceeds its short term liabilities ($11.8M)

Long Term Liabilities: CYBE's short term assets (52.5M) exceeds its long term liabilities (3.7M)


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

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

Debt Coverage by Assets: Insufficient data to determine if CYBE's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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.


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 CYBE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of CyberOptics's salary, the management and board of directors tenure and is there insider trading?

7.7yrs

Average board tenure


CEO

Subodh Kulkarni (54yo)

5.7yrs

Tenure

US$1,018,271

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 ($USD1.02M) is above average for companies of similar size in the US market ($USD505.79K).

Compensation vs Earnings: Subodh's compensation has increased by more than 20% in the past year.


Board Age and Tenure

7.7yrs

Average Tenure

60yo

Average Age

Experienced Board: CYBE's board of directors are considered experienced (7.7 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyUS$8,74001 May 19
Subodh Kulkarni
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceUS$17.48

Ownership Breakdown


Management Team

  • Jeffrey Bertelsen (56yo)

    VP of Finance

    • Tenure: 14.3yrs
    • Compensation: US$534.19k
  • Subodh Kulkarni (54yo)

    President

    • Tenure: 5.7yrs
    • Compensation: US$1.02m
  • Timothy Skunes

    Vice President of Technology & Business Development

    • Tenure: 0yrs

Board Members

  • Craig Gates (60yo)

    Independent Director

    • Tenure: 7.7yrs
    • Compensation: US$62.50k
  • Irene Qualters (69yo)

    Independent Director

    • Tenure: 20.3yrs
    • Compensation: US$62.50k
  • Michael Selzer (66yo)

    Chairman of the Board

    • Tenure: 5.7yrs
    • Compensation: US$67.50k
  • Subodh Kulkarni (54yo)

    President

    • Tenure: 5.7yrs
    • Compensation: US$1.02m
  • Vivek Mohindra (50yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$55.00k

Company Information

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


Key Information

  • Name: CyberOptics Corporation
  • Ticker: CYBE
  • Exchange: NasdaqGM
  • Founded: 1984
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$119.223m
  • Shares outstanding: 7.14m
  • Website: https://www.cyberoptics.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYBENasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDDec 1987
CYEDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1987

Biography

CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide. Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 23:34
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.