Cyanotech
Financial ratios & Valuation

Historical Multiples (2010 – 2022)

2010 2011 2012 2016 2017 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
9.929.9915.32-6.30-17.92-5.2531.709.63-3.45-6.30
Price/Sales ratio
0.871.022.250.870.670.620.380.570.230.67
Price/Book Value ratio
1.511.553.641.551.311.260.771.060.331.31
Price/Cash Flow ratio
11.329.8910.9537.1817.85-22.299.878.72-3.6317.85
Price/Free Cash Flow ratio
73.8514.0218.22-7.7858.40-14.7712.0418.70-2.75-7.78
Price/Earnings Growth ratio
0.450.450.14-0.000.240.01-0.280.07-0.020.24
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
42.13%37.68%39.68%37.26%38.14%34.65%39.81%37.71%33.82%38.14%
Operating Profit Margin
9.53%7.30%11.78%-2.46%-2.12%-9.92%3.30%7.15%-5.02%-2.12%
Pretax Profit Margin
8.98%6.91%11.58%-3.35%-3.77%-11.85%1.24%6.06%-6.61%-3.77%
Net Profit Margin
8.83%10.28%14.74%-13.80%-3.79%-11.90%1.21%5.98%-6.68%-13.80%
Effective Tax Rate
1.69%-48.75%-27.30%-311.90%-0.41%-0.47%2.27%1.28%-1.04%-311.90%
Return on Assets
11.45%12.48%19.07%-14.11%-4.16%-12.13%1.21%6.72%-5.82%-14.11%
Return On Equity
15.25%15.57%23.79%-24.65%-7.31%-24.11%2.44%11.05%-9.29%-24.65%
Return on Capital Employed
15.19%10.53%18.51%-3.13%-2.94%-14.88%4.14%9.45%-5.18%-2.94%
Liquidity Ratios
Current Ratio
3.173.863.39N/AN/AN/AN/AN/A3.11N/A
Quick Ratio
1.262.142.210.780.700.340.791.410.570.70
Cash ratio
0.350.931.500.200.230.080.380.530.100.23
Days of Sales Outstanding
47.8557.2835.1634.1924.3223.9524.6437.1830.3630.36
Days of Inventory outstanding
157.59126.2487.16143.55146.82208.50183.51154.23246.38143.55
Operating Cycle
205.45183.53122.33177.75171.14232.45208.16191.41253.87177.75
Days of Payables Outstanding
45.0736.6842.4073.0967.5191.0240.6238.4821.9467.51
Cash Conversion Cycle
160.37146.8479.92104.65103.62141.42167.53152.9269.17103.62
Debt Ratios
Debt Ratio
0.240.190.190.240.250.270.270.160.400.24
Debt Equity Ratio
0.330.240.240.430.450.540.550.260.670.43
Long-term Debt to Capitalization
0.070.040.020.280.270.250.270.180.290.28
Total Debt to Capitalization
0.110.060.030.300.310.350.350.210.340.30
Interest Coverage Ratio
13.2817.5552.78N/AN/AN/AN/AN/A-3.15N/A
Cash Flow to Debt Ratio
1.032.308.010.090.16-0.100.140.45-0.170.16
Company Equity Multiplier
1.331.241.241.741.751.982.001.641.671.75
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.100.200.020.03-0.020.030.06-0.060.03
Free Cash Flow / Operating Cash Flow Ratio
0.150.700.60-4.770.301.500.810.461.31-4.77
Cash Flow Coverage Ratio
1.032.308.010.090.16-0.100.140.45-0.170.16
Short Term Coverage Ratio
2.868.5621.711.290.98-0.280.452.69-0.800.98
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A