Logo image of EYES

SECOND SIGHT MEDICAL PRODUCT (EYES) Stock Fundamental Analysis

NASDAQ:EYES - Nasdaq - US81362J3086 - Common Stock - Currency: USD

4.14  -0.22 (-5.05%)

After market: 4.0921 -0.05 (-1.16%)

Fundamental Rating

3

EYES gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 189 industry peers in the Health Care Equipment & Supplies industry. EYES scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. EYES is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year EYES has reported negative net income.
EYES Yearly Net Income VS EBIT VS OCF VS FCFEYES Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 -10M -20M -30M

1.2 Ratios

Industry RankSector Rank
ROA -13.82%
ROE N/A
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
EYES Yearly ROA, ROE, ROICEYES Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 0 1K -1K 2K

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for EYES so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
EYES Yearly Profit, Operating, Gross MarginsEYES Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 0 -200 -400 -600 -800

6

2. Health

2.1 Basic Checks

EYES does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for EYES has been increased compared to 1 year ago.
There is no outstanding debt for EYES. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
EYES Yearly Shares OutstandingEYES Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2M 4M 6M 8M 10M
EYES Yearly Total Debt VS Total AssetsEYES Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 20M 40M 60M

2.2 Solvency

An Altman-Z score of 6.02 indicates that EYES is not in any danger for bankruptcy at the moment.
There is no outstanding debt for EYES. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 6.02
ROIC/WACCN/A
WACC9.3%
EYES Yearly LT Debt VS Equity VS FCFEYES Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 0 20M -20M 40M 60M

2.3 Liquidity

A Current Ratio of 22.15 indicates that EYES has no problem at all paying its short term obligations.
A Quick Ratio of 22.15 indicates that EYES has no problem at all paying its short term obligations.
Industry RankSector Rank
Current Ratio 22.15
Quick Ratio 22.15
EYES Yearly Current Assets VS Current LiabilitesEYES Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 20M 40M 60M

3

3. Growth

3.1 Past

The earnings per share for EYES have decreased strongly by -42.18% in the last year.
EPS 1Y (TTM)-42.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%2.46%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

EYES is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.08% yearly.
The Revenue is expected to grow by 102.94% on average over the next years. This is a very strong growth
EPS Next Y96.18%
EPS Next 2Y39.88%
EPS Next 3Y25.08%
EPS Next 5YN/A
Revenue Next Year35.73%
Revenue Next 2Y82.84%
Revenue Next 3Y102.94%
Revenue Next 5YN/A

3.3 Evolution

EYES Yearly Revenue VS EstimatesEYES Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
EYES Yearly EPS VS EstimatesEYES Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -5 -10 -15

1

4. Valuation

4.1 Price/Earnings Ratio

EYES reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year EYES is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
EYES Price Earnings VS Forward Price EarningsEYES Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA 0.22
EYES Per share dataEYES EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

EYES's earnings are expected to grow with 25.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.88%
EPS Next 3Y25.08%

0

5. Dividend

5.1 Amount

EYES does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

SECOND SIGHT MEDICAL PRODUCT

NASDAQ:EYES (8/30/2022, 8:10:00 PM)

After market: 4.0921 -0.05 (-1.16%)

4.14

-0.22 (-5.05%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)08-30 2022-08-30/amc
Earnings (Next)N/A N/A
Inst Owners0.08%
Inst Owner Change0%
Ins Owners4.53%
Ins Owner Change0%
Market Cap54.38M
Analysts82.86
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 0.86
P/tB N/A
EV/EBITDA 0.22
EPS(TTM)-0.69
EYN/A
EPS(NY)-1.37
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS0
BVpS4.8
TBVpSN/A
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -13.82%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y0%
ROICexcg growth 5Y0%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 22.15
Quick Ratio 22.15
Altman-Z 6.02
F-Score4
WACC9.3%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%2.46%
EPS Next Y96.18%
EPS Next 2Y39.88%
EPS Next 3Y25.08%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year35.73%
Revenue Next 2Y82.84%
Revenue Next 3Y102.94%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A