Critical Survey: Cybin (CYBN) versus Its Rivals

Cybin (NYSE:CYBN) is one of 443 publicly-traded companies in the “Biotechnology” industry, but how does it weigh in compared to its peers? We will compare Cybin to related companies based on the strength of its analyst recommendations, dividends, valuation, institutional ownership, risk, profitability and earnings.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Cybin	N/A	-$35.93 million	-46.25
Cybin Competitors	$148.01 million	-$13.29 million	-13.98

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

Analyst Recommendations

This is a summary of current recommendations for Cybin and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cybin	0	0	3	0	3.00
Cybin Competitors	734	2179	5081	56	2.55

Cybin currently has a consensus target price of $50.50, suggesting a potential upside of 445.95%. As a group, “Biotechnology” companies have a potential upside of 10.92%. Given Cybin’s stronger consensus rating and higher possible upside, equities analysts clearly believe Cybin is more favorable than its peers.

Profitability

This table compares Cybin and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cybin	N/A	-109.05%	-97.85%
Cybin Competitors	-8,581.07%	-107.97%	-23.29%

Volatility and Risk

Cybin has a beta of 0.41, suggesting that its stock price is 59% less volatile than the S&P 500. Comparatively, Cybin’s peers have a beta of 1.26, suggesting that their average stock price is 26% more volatile than the S&P 500.

Insider & Institutional Ownership

17.9% of Cybin shares are owned by institutional investors. Comparatively, 29.2% of shares of all “Biotechnology” companies are owned by institutional investors. 15.0% of Cybin shares are owned by insiders. Comparatively, 25.7% of shares of all “Biotechnology” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Cybin peers beat Cybin on 9 of the 13 factors compared.

Cybin Company Profile

Cybin Inc., a clinical-stage biopharmaceutical company, focuses on developing psychedelic-based therapeutics for patients with mental health conditions. The company’s development pipeline includes CYB003, a deuterated psilocybin analog, which is in phase 1/2a clinical trial to treat major depressive disorder (MDD), as well as in preclinical trials for alcohol use disorder; CYB004, a deuterated dimethyltryptamine (DMT), which completed phase 2 clinical trial for treating generalized anxiety disorders; SPL028 injectable deuterated DMT completed phase 1 clinical intramuscular and intravenous trial; SPL026 completed phase 1, 1b, and 1/2a for MDD; and CYB005, a phenethylamine derivative, which in preclinical stage to treat neuroinflammation, as well as has a research pipeline of investigational psychedelic-based compounds. The company has research and collaboration agreement with TMS Neurohealth Centers Inc. for development of psychedelic compound-based therapeutics; Kernel for use of Kernel flow technology to measure neural activity; and Greenbook TMS to establish mental health centers. The company is headquartered in Toronto, Canada.