CyberOptics
Market Cap
US$189.5m
Last Updated
2021/01/24 00:19 UTC
Data Sources
Company Financials +
Executive Summary
CyberOptics Corporation designs, develops, and manufactures high precision sensing technology solutions and system products worldwide. More Details
Rewards
PE ratio (42.2x) is below the Semiconductor industry average (46.1x)
Risk Analysis
CYBE passed our risk checks.
Snowflake Analysis
Flawless balance sheet with solid 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
Stable Share Price: CYBE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CYBE's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
1.8%
CYBE
3.2%
US Semiconductor
2.3%
US Market
1 Year Return
7.4%
CYBE
52.9%
US Semiconductor
23.8%
US Market
Return vs Industry: CYBE underperformed the US Semiconductor industry which returned 52.9% over the past year.
Return vs Market: CYBE underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| CYBE | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | 3.2% | 2.3% |
| 30 Day | 0% | 10.9% | 4.8% |
| 90 Day | -0.5% | 24.8% | 14.5% |
| 1 Year | 7.4%7.4% | 55.6%52.9% | 26.6%23.8% |
| 3 Year | 58.3%58.3% | 106.8%96.1% | 45.0%35.4% |
| 5 Year | 198.5%198.5% | 358.1%314.1% | 126.2%101.0% |
Long-Term 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
2 weeks ago | Simply Wall St
Does The Market Have A Low Tolerance For CyberOptics Corporation's (NASDAQ:CYBE) Mixed Fundamentals?1 month ago | Simply Wall St
Here's What CyberOptics Corporation's (NASDAQ:CYBE) Shareholder Ownership Structure Looks Like1 month ago | Simply Wall St
What Can We Learn About CyberOptics' (NASDAQ:CYBE) CEO Compensation?Valuation
Is CyberOptics undervalued compared to its fair value and its price relative to the market?
42.2x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CYBE ($26.12) is trading above our estimate of fair value ($3.79)
Significantly Below Fair Value: CYBE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CYBE is good value based on its PE Ratio (42.2x) compared to the US Semiconductor industry average (46.1x).
PE vs Market: CYBE is poor value based on its PE Ratio (42.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: CYBE is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: CYBE is good value based on its PB Ratio (3x) compared to the US Semiconductor industry average (4.6x).
Next Steps
Future Growth
How is CyberOptics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
22.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CYBE's forecast earnings growth (22.4% per year) is above the savings rate (2%).
Earnings vs Market: CYBE's earnings (22.4% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CYBE's revenue (9.2% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: CYBE's revenue (9.2% 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?
-4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CYBE has high quality earnings.
Growing Profit Margin: CYBE's current net profit margins (6.3%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: CYBE has become profitable over the past 5 years, growing earnings by -4% per year.
Accelerating Growth: CYBE's earnings growth over the past year (148.6%) exceeds its 5-year average (-4% per year).
Earnings vs Industry: CYBE earnings growth over the past year (148.6%) exceeded the Semiconductor industry 20.8%.
Return on Equity
High ROE: CYBE's Return on Equity (7%) is considered low.
Next Steps
Financial Health
How is CyberOptics's financial position?
Financial Position Analysis
Short Term Liabilities: CYBE's short term assets ($56.0M) exceed its short term liabilities ($15.3M).
Long Term Liabilities: CYBE's short term assets ($56.0M) exceed 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
Next Steps
Dividend
What is CyberOptics's current dividend yield, its reliability and sustainability?
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.
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
How experienced are the management team and are they aligned to shareholders interests?
6.9yrs
Average board tenure
CEO
Subodh Kulkarni (55 yo)
6.92yrs
Tenure
US$764,467
Compensation
Dr. Subodh K. Kulkarni, Ph.D. has been the Chief Executive Officer and President of CyberOptics Corp. since February 1, 2014. Dr. Kulkarni served as the Chief Technology Officer and Senior Vice President o...
CEO Compensation Analysis
Compensation vs Market: Subodh's total compensation ($USD764.47K) is about average for companies of similar size in the US market ($USD992.69K).
Compensation vs Earnings: Subodh's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.92yrs | US$764.47k | 1.63% $ 3.1m | |
| Independent Director | 8.92yrs | US$64.52k | 0.19% $ 365.7k | |
| Independent Chairman of the Board | 6.92yrs | US$69.52k | 0.30% $ 568.8k | |
| Independent Director | 0.67yr | no data | 0.028% $ 52.2k | |
| Independent Director | 2.67yrs | US$64.52k | 0.083% $ 156.7k |
6.9yrs
Average Tenure
58yo
Average Age
Experienced Board: CYBE's board of directors are considered experienced (6.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CYBE 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 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$189.492m
- Shares outstanding: 7.25m
- 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 designs, develops, and manufactures high precision sensing technology solutions and system products worldwide. Its products are used in surface mount technology (SMT) and semiconduc...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 00:19 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.