CYTEK BIOSCIENCES INC (CTKB)
US23285D1090 - Common Stock
Taking everything into account, CTKB scores 5 out of 10 in our fundamental rating. CTKB was compared to 55 industry peers in the Life Sciences Tools & Services industry. CTKB has a great financial health rating, but its profitability evaluates not so good. CTKB is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CTKB had negative earnings in the past year.
CTKB had a positive operating cash flow in the past year.
In multiple years CTKB reported negative net income over the last 5 years.
In multiple years CTKB reported negative operating cash flow during the last 5 years.
1.2 Ratios
CTKB has a better Return On Assets (-3.63%) than 63.64% of its industry peers.
CTKB has a better Return On Equity (-4.51%) than 65.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.63% | ||
| ROE | -4.51% | ||
| ROIC | N/A |
ROA(3y)-0.65%
ROA(5y)-4.87%
ROE(3y)-0.83%
ROE(5y)-10.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Gross Margin value of 54.97%, CTKB is doing good in the industry, outperforming 70.91% of the companies in the same industry.
CTKB's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for CTKB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 54.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.58%
GM growth 5YN/A
2. Health
2.1 Basic Checks
CTKB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CTKB has been reduced compared to 1 year ago.
CTKB has a better debt/assets ratio than last year.
2.2 Solvency
CTKB has an Altman-Z score of 5.19. This indicates that CTKB is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.19, CTKB is in the better half of the industry, outperforming 78.18% of the companies in the same industry.
The Debt to FCF ratio of CTKB is 0.31, which is an excellent value as it means it would take CTKB, only 0.31 years of fcf income to pay off all of its debts.
CTKB has a Debt to FCF ratio of 0.31. This is amongst the best in the industry. CTKB outperforms 92.73% of its industry peers.
CTKB has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
CTKB has a better Debt to Equity ratio (0.00) than 74.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 5.19 |
ROIC/WACCN/A
WACC10.16%
2.3 Liquidity
CTKB has a Current Ratio of 7.33. This indicates that CTKB is financially healthy and has no problem in meeting its short term obligations.
CTKB has a better Current ratio (7.33) than 81.82% of its industry peers.
A Quick Ratio of 6.38 indicates that CTKB has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 6.38, CTKB belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.33 | ||
| Quick Ratio | 6.38 |
3. Growth
3.1 Past
The earnings per share for CTKB have decreased strongly by -182.73% in the last year.
CTKB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.59%.
CTKB shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.65% yearly.
EPS 1Y (TTM)-182.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-900%
Revenue 1Y (TTM)12.59%
Revenue growth 3Y27.65%
Revenue growth 5YN/A
Sales Q2Q%-6.19%
3.2 Future
CTKB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.78% yearly.
CTKB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.39% yearly.
EPS Next Y-279.02%
EPS Next 2Y-26.43%
EPS Next 3Y24.78%
EPS Next 5YN/A
Revenue Next Year6.82%
Revenue Next 2Y11.02%
Revenue Next 3Y11.39%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
CTKB reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 196.08, the valuation of CTKB can be described as expensive.
CTKB's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.28. CTKB is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 196.08 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CTKB is valued a bit cheaper than 65.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.2 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CTKB's earnings are expected to grow with 24.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-26.43%
EPS Next 3Y24.78%
5. Dividend
5.1 Amount
CTKB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CYTEK BIOSCIENCES INC
NASDAQ:CTKB (11/4/2024, 8:02:03 PM)
After market: 5.2 0 (0%)5.2
+0.09 (+1.76%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap683.85M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
Avg EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 196.08 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.63% | ||
| ROE | -4.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 54.97% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 7.33 | ||
| Quick Ratio | 6.38 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-182.73%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-279.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.59%
Revenue growth 3Y27.65%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y