Cytek Biosciences, Inc.

Cytek Biosciences, Inc.

CTKB·NASDAQ

$4.05

-3.3%
HealthcareMedical - Devices

Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitates scientific advances in biomedical research and clinical applications. It offers aurora and northern lights systems, which are spectrum flow cytometers that delivers cell analysis by utilizing the fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells; and aurora cell sorter system, which leverages full spectrum profiling technology to further broaden potential applications across cell analysis. The company also provides reagents and kits, including cFluor reagents, which are fluorochrome conjugated antibodies used to identify cells of interest for analysis on its instruments, as well as 25-color immunoprofiling assay that provides turnkey solutions for identifying major human immune subpopulations for TBNK cells, monocytes, dendritic cells, and basophils. In addition, it offers automated micro-sampling system and automated sample loader system, which are automated plate loaders to integrate seamlessly into the aurora and northern lights systems; SpectroFlo software that provides intuitive workflow from quality control to data analysis for aurora and northern lights systems; and customer support tools. The company serves pharmaceutical and biopharma companies, academic research centers, and clinical research organizations. It distributes its products through direct sales force and support organizations in North America, Europe, China, and the Asia-Pacific region; and through distributors or sales agents in European, Latin American, the Middle Eastern, and the Asia-Pacific countries. The company was formerly known as Cytoville, Inc. and changed its name to Cytek Biosciences, Inc. in August 2015. Cytek Biosciences, Inc. was founded in 1992 and is headquartered in Fremont, California.

At a Glance

Live Snapshot
Market Cap$523.03M
EPS-0.5200
P/E Ratio-7.79
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -7.8).

Valuation inputs: P/E -7.8, earnings yield N/A, momentum -3.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -19.5%, ROIC -10.2%).

Profitability stack: net margin -33.0%, ROE -19.5%, ROIC -10.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +26.0%, momentum -3.3%, net margin -33.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

ctkb

Cytek Biosciences, Inc. Market vs Earnings Trajectory

CTKB · NASDAQ

Loading price and EPS data...

Cytek Biosciences, Inc.

Cytek Biosciences, Inc. Fair Value Envelope

CTKB · NASDAQ

Our analysis suggests that CTKB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.05, this represents a potential HIDDEN relative to our calculated worth for Cytek Biosciences, Inc..

Intrinsic Value
Current Price: $4.05
3Y-2808.0%
5Y-2249.0%
10Y+300.0%
3Y+23.0%
5Y+117.0%
10Y+248.0%
3Y-2683.0%
5Y-443.0%
10Y+295.0%
3Y-62.0%
5Y-131.0%
10Y-66.0%
3Y-60.0%
5Y-164.0%
10Y-40.0%
3Y-11.0%
5Y+110.0%
10Y+556.0%
Cytek Biosciences, Inc.

Cytek Biosciences, Inc. Profit Bridge

CTKB · NASDAQ
Revenue201.49M
Cost of Goods Sold (97.03M)
Gross Profit104.46M
Operating Expenses (144.84M)
Operating Income-40.38M
Interest Expense (474.00K)
Other Income/Expense10.54M
Pretax Income-29.84M
Income Tax (36.70M)
Net Income-66.54M
Net Income
-66.54M

Profitability Analysis

Gross Margin

51.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-20.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-33.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

51.84%
Gross Profit Margin
-6%
3Y-16.0%
5Y-7.0%
10Y+5.0%
-20.04%
Operating Profit Margin
96%
3Y+1722.0%
5Y-236.0%
10Y-411.0%
-33.02%
Net Profit Margin
1000%
3Y-2203.0%
5Y-258.0%
10Y+14.0%
-19.47%
Return on Equity
1180%
3Y-3315.0%
5Y-84.0%
10Y-148.0%
-14.42%
Return on Assets
1096%
3Y-3007.0%
5Y-263.0%
10Y-40.0%
-10.21%
Return on Invested Capital
119%
3Y+2583.0%
5Y-247.0%
10Y-231.0%
CTKB

Cytek Biosciences, Inc. Cash Conversion Engine

CTKB · NASDAQ
Net Income-66.54M
Depreciation & Amortization11.97M
Stock-Based Compensation24.59M
Change in Working Capital-4.79M
Others-3.47M
Capital Expenditures-4.08M
Free Cash Flow-8.77M

Cash Flow Quality Analysis

FCF Conversion Rate

13.2%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

-87.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-140.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$4.79M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

ctkb

Cytek Biosciences, Inc. Funding & Solvency Profile

CTKB · NASDAQ
Cash & Cash Equivalents65.67M
Net Receivables51.90M
Inventory49.79M
Other Current Assets15.38M
Total Current Assets379 M
Property, Plant & Equipment31.11M
Goodwill & Intangible Assets32.39M
Long-Term Investments0.00
Other Non-Current Assets6.31M
Total Non-Current Assets37 M
Total Assets
449.11M

Financial Health Analysis

Current Ratio

4.69x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.37x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

298 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

84% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

ctkb

Cytek Biosciences, Inc. Street Expectations Map

CTKB · NASDAQ

Wall Street analysts project that CTKB stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 5.13, with estimates ranging from a low of 4.75 to a high of 5.50.

Lowest Target
4.75
17.28%
Consensus Target
5.13
26.67%
Highest Target
5.50
35.80%

The consensus 1-year price target stands at 5.13, with estimates ranging from a low of 4.75 to a high of 5.50.

Analyst Consensus Analysis

Upside Potential

+26.7%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

14.6% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

ctkb

Cytek Biosciences, Inc. Insider Positioning

CTKB · NASDAQ

During the last 12 months, there has been no insider trading activity reported for CTKB.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

No Dividend Yield Data

CTKB has not reported any dividend yield values in the available annual periods.

 

ctkb Dividend History

CTKB
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%