Cyanotech Corporation (CYAN) vs Real Good Food Company, Inc. (RGFC)

Cyanotech Corporation and Real Good Food Company, Inc. are both Packaged Foods companies. Real Good Food Company, Inc. is the larger, with a market value of $2.2M against $1.7M — 1.3× the size. Real Good Food Company, Inc. grew revenue faster over the last twelve months: 18.9% against 12.8%. Cyanotech Corporation has the higher net margin (−0.25% vs −9.71%) and the higher return on invested capital (2.63% vs −31.5%). Across the 16 metrics below, Cyanotech Corporation leads on 9 and Real Good Food Company, Inc. on 7.

Valuation

Metric CYAN RGFC Packaged Foods median
P/E n/m n/m 12.69
P/S 0.13 0.00 0.61
P/B 0.44 n/m 1.47
Price to free cash flow 5.09 n/m 8.50
EV/EBITDA 7.02 n/m 8.20
EV/Sales 0.39 0.78 0.85
Earnings yield (28.08%) (8,283.30%) 0.00%
Free cash flow yield 19.65% (17,285.30%) 6.05%

Profitability

Metric CYAN RGFC Packaged Foods median
Gross margin 35.40% 16.80% 27.54%
Operating margin 2.32% (25.26%) 0.00%
Net margin (0.25%) (9.71%) 0.00%
Free cash flow margin 2.56% (24.53%) 2.56%
Return on equity (0.85%) 73.50% 0.00%
Return on assets (0.30%) (11.03%) 0.00%
Return on invested capital 2.63% (31.50%) 0.00%

Growth

Metric CYAN RGFC Packaged Foods median
Revenue growth (TTM) 12.83% 18.88% 5.69%
EPS growth (last fiscal year) 60.00% 83.72% —
Revenue growth, 5-year CAGR (3.84%) — 3.81%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric CYAN RGFC Packaged Foods median
Debt to equity 1.02 (2.79) 0.26
Current ratio 1.06 1.56 1.64
Net debt to EBITDA 5.62 (2.54) 0.87

Dividend

Metric CYAN RGFC Packaged Foods median
Dividend yield — — 3.21%
Payout ratio 0.00 0.00 0.00

Size

Metric CYAN RGFC Packaged Foods median
Market cap 1.65m 2.18m 245.45m

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