CyberOptics
Market Cap
US$173.9m
Last Updated
2020/01/22 23:37 UTC
Data Sources
Company Financials +
Executive Summary
CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
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
Stable Share Price: CYBE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
10.9%
CYBE
1.6%
US Semiconductor
0.8%
US Market
1 Year Return
27.2%
CYBE
50.9%
US Semiconductor
25.1%
US Market
Return vs Industry: CYBE underperformed the US Semiconductor industry which returned 48.5% over the past year.
Return vs Market: CYBE exceeded the US Market which returned 25.1% over the past year.
Shareholder returns
| CYBE | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.9% | 1.6% | 0.8% |
| 30 Day | 37.1% | 3.2% | 3.1% |
| 90 Day | 47.3% | 20.2% | 10.9% |
| 1 Year | 27.2%27.2% | 53.9%50.9% | 27.7%25.1% |
| 3 Year | -33.2%-33.2% | 92.1%81.5% | 51.3%41.6% |
| 5 Year | 128.5%128.5% | 158.2%132.9% | 77.2%57.6% |
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
1 day ago | Simply Wall St
Is CyberOptics Corporation's (NASDAQ:CYBE) 3.1% ROE Worse Than Average?3 weeks ago | Simply Wall St
Is CyberOptics Corporation's (NASDAQ:CYBE) CEO Pay Justified?1 month ago | Simply Wall St
Can You Imagine How CyberOptics's (NASDAQ:CYBE) Shareholders Feel About The 68% Share Price Increase?Valuation
Is CyberOptics undervalued compared to its fair value and its price relative to the market?
96.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CYBE ($20.63) is trading above our estimate of fair value ($2.67)
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 (81.4x) compared to the Semiconductor industry average (34.5x).
PE vs Market: CYBE is poor value based on its PE Ratio (81.4x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CYBE is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: CYBE is good value based on its PB Ratio (2.6x) compared to the US Semiconductor industry average (3.3x).
Next Steps
Future Growth
How is CyberOptics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
46.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CYBE's forecast earnings growth (46.2% per year) is above the savings rate (1.7%).
Earnings vs Market: CYBE's earnings (46.2% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CYBE's revenue (6.9% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: CYBE's revenue (6.9% 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?
29.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CYBE has high quality earnings.
Growing Profit Margin: CYBE's current net profit margins (3%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: CYBE has become profitable over the past 5 years, growing earnings by 29.4% per year.
Accelerating Growth: CYBE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CYBE had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Semiconductor industry average (-15.8%).
Return on Equity
High ROE: CYBE's Return on Equity (3.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CyberOptics's financial position?
Financial Position Analysis
Short Term Liabilities: CYBE's short term assets ($47.4M) exceed its short term liabilities ($8.5M).
Long Term Liabilities: CYBE's short term assets ($47.4M) exceed its long term liabilities ($3.5M).
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
Current dividend yield vs market & industry
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.
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.
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?
7.9yrs
Average board tenure
CEO
Subodh Kulkarni (54yo)
5.9yrs
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 about average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: Subodh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Age and Tenure
7.9yrs
Average Tenure
60yo
Average Age
Experienced Board: CYBE's board of directors are considered experienced (7.9 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
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$17.48 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Jeffrey Bertelsen (56yo)
VP of Finance
- Tenure: 14.5yrs
- Compensation: US$534.19k
Subodh Kulkarni (54yo)
President
- Tenure: 5.9yrs
- Compensation: US$1.02m
Timothy Skunes
Vice President of Technology & Business Development
Board Members
Craig Gates (60yo)
Independent Director
- Tenure: 7.9yrs
- Compensation: US$62.50k
Irene Qualters (69yo)
Independent Director
- Tenure: 20.6yrs
- Compensation: US$62.50k
Michael Selzer (66yo)
Chairman of the Board
- Tenure: 5.9yrs
- Compensation: US$67.50k
Subodh Kulkarni (54yo)
President
- Tenure: 5.9yrs
- Compensation: US$1.02m
Vivek Mohindra (50yo)
Independent Director
- Tenure: 1.7yrs
- 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$173.928m
- Shares outstanding: 7.13m
- Website: https://www.cyberoptics.com
Number of Employees
Location
- CyberOptics Corporation
- 5900 Golden Hills Drive
- Minneapolis
- Minnesota
- 55416
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CYBE | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Dec 1987 |
| CYE | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 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 to improve yields and productivity. The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems. It also provides SMT electronic assembly alignment sensor products, including LaserAlign sensors for incorporation into pick-and-place machines; and InPrinter Inspection Camera, which identifies fiducial markings on a circuit board to ensure accurate board registration prior to placement of solder paste. In addition, the company offers 3D solder paste inspection sensors; inspection system products primarily used in the semiconductor and SMT electronic assembly industries for process control, inspection, and metrology; AOI products to inspect circuit boards after component placement; and 3D solder paste measurement machines. Further, it provides general industrial metrology products and services, such as CyberGage 360, which are used as in-line or offline metrology tools; and sells 3D scanning and metrology equipment manufactured by other suppliers and provides 3D scanning and metrology services, as well as provides WaferSense family of products that provide measurements of critical factors in the semiconductor fabrication process. The company sells its products to SMT electronic assembly circuit board manufacturers, end-user customers manufacturing their own circuit boards, semiconductor manufacturers, and outsourced semiconductor assembly and test companies through independent sales representatives and distributors. CyberOptics Corporation was founded in 1984 and is headquartered in Minneapolis, Minnesota.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/22 23:37 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.