Head to Head Analysis: Cybin (CYBN) and Its Competitors

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

Volatility & Risk

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

Insider & Institutional Ownership

17.9% of Cybin shares are held by institutional investors. Comparatively, 29.1% of shares of all “Biotechnology” companies are held by institutional investors. 15.0% of Cybin shares are held by company insiders. Comparatively, 25.8% of shares of all “Biotechnology” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent recommendations for Cybin and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cybin	0	0	3	0	3.00
Cybin Competitors	735	2180	5065	56	2.55

Cybin currently has a consensus target price of $50.50, indicating a potential upside of 462.99%. As a group, “Biotechnology” companies have a potential upside of 10.21%. Given Cybin’s stronger consensus rating and higher probable upside, research 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	-8,581.17%	-107.37%	-23.32%

Earnings and Valuation

This table compares Cybin and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Cybin	N/A	-$35.93 million	-44.85
Cybin Competitors	$148.00 million	-$13.34 million	2.01

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.

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.