Critical Review: Cybin (CYBN) versus Its Peers

Cybin (NYSE:CYBN) is one of 979 publicly-traded companies in the “Pharmaceutical preparations” industry, but how does it compare to its rivals? We will compare Cybin to similar businesses based on the strength of its dividends, institutional ownership, analyst recommendations, valuation, risk, earnings and profitability.

Institutional & Insider Ownership

17.9% of Cybin shares are held by institutional investors. Comparatively, 44.0% of shares of all “Pharmaceutical preparations” companies are held by institutional investors. 15.0% of Cybin shares are held by company insiders. Comparatively, 14.2% of shares of all “Pharmaceutical preparations” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Cybin and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Cybin	N/A	-$57.88 million	-56.78
Cybin Competitors	$9.90 billion	$154.82 million	-2.60

Cybin’s rivals have higher revenue and earnings than Cybin. Cybin 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.

Volatility and Risk

Cybin has a beta of 0.41, indicating that its share price is 59% less volatile than the S&P 500. Comparatively, Cybin’s rivals have a beta of 0.88, indicating that their average share price is 12% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Cybin	N/A	-42.36%	-40.56%
Cybin Competitors	-3,732.64%	-264.66%	-31.33%

Analyst Recommendations

This is a summary of current recommendations and price targets for Cybin and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cybin	0	0	3	0	3.00
Cybin Competitors	7135	19441	44827	1057	2.55

Cybin presently has a consensus target price of $50.50, indicating a potential upside of 344.74%. As a group, “Pharmaceutical preparations” companies have a potential upside of 59.41%. Given Cybin’s stronger consensus rating and higher possible upside, research analysts plainly believe Cybin is more favorable than its rivals.

Summary

Cybin rivals beat Cybin on 7 of the 13 factors compared.

About Cybin

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.