NasdaqGM:CYBE

Stock Analysis Report

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Executive Summary

CyberOptics Corporation designs, develops, and manufactures high precision sensing technology solutions and system products worldwide. More Details


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-34.6%

CYBE

-4.3%

US Semiconductor

-1.1%

US Market


1 Year Return

53.6%

CYBE

37.7%

US Semiconductor

15.6%

US Market

Return vs Industry: CYBE exceeded the US Semiconductor industry which returned 41.2% over the past year.

Return vs Market: CYBE exceeded the US Market which returned 17.8% over the past year.


Shareholder returns

CYBEIndustryMarket
7 Day-34.6%-4.3%-1.1%
30 Day-12.0%5.0%4.2%
90 Day-31.2%12.0%6.3%
1 Year53.6%53.6%40.3%37.7%18.2%15.6%
3 Year86.4%86.4%72.7%63.8%39.6%30.4%
5 Year277.8%277.8%227.5%195.4%79.5%59.2%

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?

42.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CYBE ($26.37) is trading above our estimate of fair value ($5.92)

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 (42.6x) compared to the US Semiconductor industry average (39.7x).

PE vs Market: CYBE is poor value based on its PE Ratio (42.6x) compared to the US market (19.1x).


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 (3.4x).


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 (2.2%).

Earnings vs Market: CYBE's earnings (22.4% per year) are forecast to grow faster than the US market (22.1% 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 (9.9% 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 13.9%.


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?

6.7yrs

Average board tenure


CEO

Subodh Kulkarni (55 yo)

6.67yrs

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 ($USD764.47K) is below average for companies of similar size in the US market ($USD1.23M).

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


Board Members

NamePositionTenureCompensationOwnership
Subodh Kulkarni
President6.67yrsUS$764.47k1.4%
$ 2.7m
Craig Gates
Independent Director8.67yrsUS$64.52k0.19%
$ 369.2k
Michael Selzer
Independent Chairman of the Board6.67yrsUS$69.52k0.30%
$ 574.2k
Cheryl Beranek
Independent Director0.42yrno data0.028%
$ 52.7k
Vivek Mohindra
Independent Director2.42yrsUS$64.52k0.083%
$ 158.2k

6.7yrs

Average Tenure

58yo

Average Age

Experienced Board: CYBE's board of directors are considered experienced (6.7 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.


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$191.261m
  • 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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 23:39
End of Day Share Price2020/10/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.