A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
Vystar Corp
VYST
$2M
Mkt Cap
$0.12
+1.58%
Vystar Corp (VYST) has a current P/E ratio of 2.8, compared to its historical median P/E of 2.5. The stock is currently considered Fair based on its historical valuation range.
Vystar Corp (VYST) has a 5-year average return on invested capital (ROIC) of -56.4%. This is below average and may indicate limited pricing power.
Vystar Corp (VYST) has a market capitalization of $3M. It is classified as a small-cap stock.
Vystar Corp (VYST) does not currently pay a regular dividend.
Based on historical P/E analysis, Vystar Corp (VYST) appears fair. The current P/E of 2.8 is 12% above its historical median of 2.5. The estimated fair value CAGR (P/E method) is -30.8%.
Vystar Corp (VYST) operates in the Fabricated Rubber Products, Nec industry, within the Materials sector.
Vystar Corp (VYST) generated $-100 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ITEM 1. BUSINESS Vystar Corporation (“Vystar”, the “Company”, “we,” “us,” or “our”) is based in Worcester, Massachusetts. Vystar is the owner and manufacturer of multiple brands of eco-friendly products for the home, office and medical sectors. The Company is focused on three main brands Vytex, RXAIR, and Fluid Energy Conversion (FEC). Vystar is the creator and exclusive owner of the innovative technology to produce Vytex® Natural Rubber Latex (“NRL”). Our global multi-patented technology reduces antigenic and total protein in natural rubber latex products to virtually undetectable levels. Vytex NRL, our “ultra-low protein” natural rubber latex has been introduced throughout the worldwide marketplace that uses NRL or latex substitutes as a raw material for end products.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 52K | - | - | - | 1.7M | 21M |
| Net Income | 521K | 760K | -5.2M | -4.0M | -2.7M | -7.6M |
| EPS | $0.04 | $0.04 | $-0.30 | $-0.30 | $-0.21 | $-0.59 |
| Free Cash Flow | 0 | -100K | -443K | -516K | -2.9M | -2.4M |
| ROIC | -21508.4% | -216.7% | -170.8% | -20.0% | -17.8% | -16.9% |
| Gross Margin | 47.0% | - | - | - | -14.5% | 52.3% |
| Debt/Equity | 0.00 | -1.11 | -1.10 | -6.80 | -3.23 | -0.19 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -1.5M | -1.5M | -1.5M | -2.9M | -3.8M | -4.8M |
| Operating Margin | -2940.7% | - | - | - | -227.4% | -23.1% |
| ROE | 0.0% | - | - | - | - | - |
| Shares Outstanding | 22M | 17M | 17M | 13M | 13M | 13M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 21M | 1.7M | N/A | N/A | N/A | 52K |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 52.3% | -14.5% | N/A | N/A | N/A | 47.0% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT | -2.1M | -1.9M | -1.3M | -860K | -1.1M | -1.1M | -3.7M | -4.8M | -3.8M | -2.9M | -1.5M | -1.5M | -1.5M |
| Op. Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -23.1% | -227.4% | N/A | N/A | N/A | -2940.7% |
| Net Income | -2.7M | -2.5M | -1.4M | -1.2M | -1.2M | -1.2M | -5.4M | -7.6M | -2.7M | -4.0M | -5.2M | 760K | 521K |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -36.3% | -161.6% | N/A | N/A | N/A | 1003.9% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 240K | 245K | 445K | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | -138.8% | N/M | N/M | -161.3% | N/M | N/M | -118.9% | -16.9% | -17.8% | -20.0% | -170.8% | N/M | N/M |
| ROE | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| ROA | -229.6% | -446.7% | -306.6% | -294.1% | -520.8% | -385.3% | -389.0% | -33.6% | -16.0% | -34.0% | -736.1% | 120.0% | 9294.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -1.6M | -1.0M | -634K | -657K | -907K | -499K | -1.5M | -2.3M | -2.9M | -516K | -443K | -100K | -186K |
| Free Cash Flow | -1.6M | -1.0M | -634K | -657K | -907K | -499K | -1.5M | -2.4M | -2.9M | -516K | -443K | -100K | 0 |
| Owner Earnings | -2.1M | -1.7M | -1.5M | -1.2M | -1.1M | -1.2M | -2.8M | -3.7M | -4.0M | -1.5M | -1.4M | -1.0M | -1.1M |
| CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130K | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 22K | 4K | 3K | 2K | 0 | 16K | 31K | 378K | 354K | 179K | 62K | 43K | 43K |
| Growth CapEx | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | N/A | N/A | N/A | N/A | 0 |
| D&A | 22K | 4K | 3K | 2K | 0 | 16K | 31K | 378K | 354K | 179K | 62K | 43K | 43K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 519K | 701K | 835K | 561K | 242K | 710K | 1.3M | 1.0M | 822K | 837K | 887K | 893K | 893K |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 5K | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 185K | 84K | 663K | 700K | 239K | 207K | 500K | 1.4M | N/A | N/A | N/A | N/A | 0 |
| Cash & Equiv. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | 42K | 74K | 663K | 700K | 239K | 207K | 500K | 1.4M | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | -0.02 | -0.03 | -0.26 | -0.27 | -0.08 | -0.07 | -0.27 | -0.19 | -3.23 | -6.80 | -1.10 | -1.11 | 0.00 |
| Interest Coverage | -3.2 | -4.6 | -7.4 | -5.9 | -6.4 | -6.5 | -5.5 | -2.6 | -12.8 | -13.8 | -28.8 | -6.1 | -6.1 |
| Equity | -1.7M | -2.9M | -2.6M | -2.6M | -2.8M | -2.9M | -1.9M | -7.4M | -7.6M | -2.0M | -7.2M | -5.3M | -6.2M |
| Total Assets | 1.2M | 563K | 468K | 421K | 235K | 307K | 2.5M | 23M | 17M | 12M | 712K | 553K | 6K |
| Total Liabilities | 2.9M | 3.5M | 3.0M | 3.0M | 3.1M | 3.2M | 4.3M | 30M | 24M | 14M | 8.0M | 5.8M | 469K |
| Intangibles | N/A | N/A | N/A | N/A | N/A | 248K | 1.5M | 2.3M | 696K | N/A | N/A | N/A | N/A |
| Retained Earnings | -20M | -23M | -24M | -26M | -27M | -28M | -33M | -49M | -51M | -55M | -61M | -60M | -60M |
| Working Capital | -2.5M | -2.3M | -2.1M | -2.1M | -2.7M | -2.8M | -1.7M | -10M | -8.3M | -3.1M | -5.4M | -5.4M | -5.4M |
| Current Assets | 445K | 218K | 292K | 263K | 95K | 184K | 647K | 8.2M | 5.3M | 3.8M | 492K | 407K | 407K |
| Current Liabilities | 2.9M | 2.5M | 2.4M | 2.3M | 2.8M | 3.0M | 2.3M | 18M | 14M | 6.8M | 5.9M | 5.8M | 5.8M |
| Per Share Data | |||||||||||||
| EPS | -13.00 | -9.00 | -3.00 | 2.00 | 1.00 | -1.00 | -2.00 | -0.59 | -0.21 | -0.30 | -0.30 | 0.04 | 0.04 |
| Owner EPS | -10.05 | -6.21 | -3.08 | -1.01 | -0.86 | -0.12 | -0.27 | -0.28 | -0.31 | -0.12 | -0.08 | -0.06 | -0.05 |
| Book Value | -8.27 | -10.35 | -5.34 | -2.18 | -2.10 | -0.27 | -0.18 | -0.57 | -0.58 | -0.15 | -0.42 | -0.30 | -0.28 |
| Cash Flow/Share | -7.48 | -3.69 | -1.33 | -0.55 | -0.68 | -0.05 | -0.14 | -0.17 | -0.22 | -0.04 | -0.03 | -0.01 | 0.03 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 0.2M | 0.3M | 0.5M | 1.2M | 1.3M | 10.4M | 10.4M | 12.9M | 12.9M | 13.3M | 17.4M | 17.4M | 22.5M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | 2.5 | 13.0 | N/A | N/A | N/A | N/A | N/A | N/A | 1.6 | 3.4 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.6 | 18.4 | N/A | N/A | N/A | 52.9 |
| FCF Yield | -49.9% | -61.5% | -33.1% | -10.9% | -5.2% | -0.8% | -144.8% | -6.2% | -25.9% | -22.5% | -50.9% | -8.2% | N/A |
| Market Cap | 3.2M | 1.7M | 1.9M | 6.0M | 17M | 62M | 1.0M | 39M | 11M | 2.3M | 870K | 1.2M | 2.7M |
| Avg. Price | 29.41 | 10.67 | 8.91 | 5.88 | 8.22 | 10.37 | 4.06 | 2.63 | 2.38 | 0.47 | 0.06 | 0.02 | 0.12 |
| Year-End Price | 15.00 | 6.00 | 4.00 | 5.00 | 13.00 | 6.00 | 0.10 | 3.00 | 0.86 | 0.17 | 0.05 | 0.07 | 0.12 |
Vystar Corp passes 0 of 9 quality checks, indicating weak fundamentals.
Vystar Corp trades at 2.8x trailing earnings, compared to its 15-year median P/E of 2.5x, suggesting it is currently Fair relative to its historical range. The company's 5-year average gross margin is 18.9%. At current prices, the estimated annualized return to fair value is -30.8%.
Vystar Corp (VYST) reported earnings per share (EPS) of $0.04 in its most recent fiscal year.
Vystar Corp (VYST) has a 5-year average gross margin of 18.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 12 years of financial data for Vystar Corp (VYST), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Vystar Corp (VYST) has a book value per share of $-0.30, based on its most recent annual SEC filing.