Cytek Biosciences Inc
NASDAQ:CTKB

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Cytek Biosciences Inc
NASDAQ:CTKB
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Price: 3.69 USD 9.5% Market Closed
Market Cap: 467.4m USD

Relative Value

The Relative Value of one CTKB stock under the Base Case scenario is 7.51 USD. Compared to the current market price of 3.69 USD, Cytek Biosciences Inc is Undervalued by 51%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CTKB Relative Value
Base Case
7.51 USD
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
59
Median 3Y
5.3
Median 5Y
6.1
Industry
4
Forward
2.3
vs History
vs Industry
0
Median 3Y
-84
Median 5Y
-124.9
Industry
31.5
Forward
-16.8
vs History
64
vs Industry
25
Median 3Y
21.6
Median 5Y
26.2
Industry
19.6
vs History
40
vs Industry
24
Median 3Y
-75.5
Median 5Y
-73.8
Industry
32.5
vs History
94
vs Industry
64
Median 3Y
2.3
Median 5Y
2.8
Industry
2.7
vs History
90
vs Industry
76
Median 3Y
3.7
Median 5Y
4.6
Industry
3.8
Forward
1
vs History
90
vs Industry
77
Median 3Y
6.5
Median 5Y
7.6
Industry
8.4
vs History
vs Industry
0
Median 3Y
-27.4
Median 5Y
-14.8
Industry
17.6
Forward
12.4
vs History
vs Industry
2
Median 3Y
-22
Median 5Y
-18.7
Industry
23.9
Forward
-8
vs History
64
vs Industry
42
Median 3Y
11.1
Median 5Y
16.5
Industry
18.2
vs History
52
vs Industry
32
Median 3Y
5.1
Median 5Y
11.2
Industry
23.3
vs History
94
vs Industry
62
Median 3Y
3
Median 5Y
4
Industry
2.4

Multiples Across Competitors

CTKB Competitors Multiples
Cytek Biosciences Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cytek Biosciences Inc
NASDAQ:CTKB
470.8m USD 2.4 -41.8 -15.7 -8.3
US
PerkinElmer Inc
LSE:0KHE
1.1T USD 413.2 3 992.8 1 399.8 2 855.1
US
Thermo Fisher Scientific Inc
NYSE:TMO
180.6B USD 4.2 27.4 21.1 26.4
US
Danaher Corp
NYSE:DHR
147.1B USD 6.1 43.1 22.5 33.9
KR
Samsung Biologics Co Ltd
KRX:207940
71.2T KRW 14.5 55.6 32.3 44.9
CH
Lonza Group AG
SIX:LONN
39.6B CHF 6 62.3 22.8 35.6
US
IQVIA Holdings Inc
NYSE:IQV
34.7B USD 2.2 26 13.6 20.2
US
Agilent Technologies Inc
NYSE:A
34.1B USD 5.1 29.3 19.8 23.4
CN
WuXi AppTec Co Ltd
SSE:603259
256.7B CNY 6.3 23 22.4 22.4
US
Mettler-Toledo International Inc
NYSE:MTD
26.3B USD 6.9 30.9 22.9 25.4
IN
Divi's Laboratories Ltd
NSE:DIVISLAB
1.8T INR 19.1 79.5 57.7 66.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cytek Biosciences Inc
NASDAQ:CTKB
Average EV/EBITDA: 163.5
Negative Multiple: -15.7
N/A N/A
US
P
PerkinElmer Inc
LSE:0KHE
1 399.8
7%
200
US
Thermo Fisher Scientific Inc
NYSE:TMO
21.1
6%
3.5
US
Danaher Corp
NYSE:DHR
22.5
7%
3.2
KR
Samsung Biologics Co Ltd
KRX:207940
32.3
17%
1.9
CH
Lonza Group AG
SIX:LONN
22.8
18%
1.3
US
IQVIA Holdings Inc
NYSE:IQV
13.6
9%
1.5
US
Agilent Technologies Inc
NYSE:A
19.8
10%
2
CN
WuXi AppTec Co Ltd
SSE:603259
22.4
24%
0.9
US
Mettler-Toledo International Inc
NYSE:MTD
22.9
4%
5.7
IN
Divi's Laboratories Ltd
NSE:DIVISLAB
57.7
24%
2.4