Cyanotech (CYAN) & Its Peers Critical Analysis

Earnings and Valuation

This table compares Cyanotech and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Cyanotech	$26.59 million	-$1.28 million	-1.80
Cyanotech Competitors	$3.47 billion	$3.11 billion	538.21

Cyanotech’s rivals have higher revenue and earnings than Cyanotech. Cyanotech is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

24.4% of Cyanotech shares are held by institutional investors. Comparatively, 32.7% of shares of all “Pharmaceuticals” companies are held by institutional investors. 34.4% of Cyanotech shares are held by insiders. Comparatively, 13.9% of shares of all “Pharmaceuticals” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Risk and Volatility

Cyanotech has a beta of 0.1, meaning that its share price is 90% less volatile than the S&P 500. Comparatively, Cyanotech’s rivals have a beta of -3.24, meaning that their average share price is 424% less volatile than the S&P 500.

Profitability

This table compares Cyanotech and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cyanotech	-4.82%	-16.24%	-5.56%
Cyanotech Competitors	-2,313.88%	-224.78%	-17.83%

Summary

Cyanotech beats its rivals on 5 of the 9 factors compared.

Cyanotech Company Profile

Cyanotech Corp. engages in the cultivation, production, and sale of natural products derived from microalgae for the health and human nutrition markets worldwide. Its products include BioAstin Hawaiian Astaxanthin, a dietary antioxidant, which is used as a human dietary supplement and dietary ingredient to support and maintain the body’s natural inflammatory response, enhance skin, and support eye, joint, and immune health; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids. The company was founded by Gerald R. Cysewski in 1983 and is headquartered in Kailua-Kona, HI.