C-Bond Systems (CBNT) AI Stock Analysis

• Market Cap: $238.52K
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.15
• Revenue Growth: 36.34%
• EPS Growth: -333.33%
• Country: US
• Employees: 20
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): N/A
• Shares Outstanding: 596,301,760
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 28.27
• Enterprise Value/Revenue: 2.10
• Enterprise Value/Gross Profit: -13.72
• Enterprise Value/Ebitda: -3.51
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 31 Underperform
• Price Target: ―

C-Bond Systems faces substantial financial challenges with negative margins, high leverage, and liquidity issues, significantly impacting the overall score. The absence of technical indicators and unattractive valuation further weigh down the score. The lack of earnings call data adds uncertainty, limiting clarity on future prospects. Collectively, these factors result in a low overall stock score.

C-Bond Systems Business Overview & Revenue Model

Company Description

C-Bond Systems (CBNT) is a technology solutions company that specializes in the development and commercialization of advanced nanotechnology-based products. The company's core offerings include products designed to enhance the strength, functionality, and performance of glass and other surfaces. C-Bond Systems operates primarily in the automotive, commercial, and residential sectors, providing innovative solutions for glass strengthening and window film products.

How the Company Makes Money

C-Bond Systems generates revenue through the sale of its proprietary products, which include the C-Bond NanoShield, a windshield strengthening solution, and C-Bond BRS, a bullet-resistant film system. The company sells these products directly to consumers and through a network of distributors and dealers in various markets. Key revenue streams include the automotive aftermarket, where the company offers solutions to enhance vehicle safety and longevity, and the security sector, where its products are used to improve the resilience of glass in high-risk environments. Partnerships with distributors and collaborations with industry players are significant factors that contribute to the company's earnings, enabling broader market reach and increased sales potential.

C-Bond Systems Financial Statement Overview

Summary

C-Bond Systems shows strong revenue growth but struggles significantly with profitability, high leverage, and liquidity challenges. Negative profit margins and operational inefficiencies are evident, coupled with financial instability due to high debt and negative equity.

Income Statement

C-Bond Systems has shown significant revenue growth over the years, with a TTM (Trailing-Twelve-Months) revenue of approximately $3.2 million, up from about $0.6 million in 2019. However, the company consistently reports negative gross profit margins, indicating cost challenges. The net profit margin remains negative, reflecting ongoing profitability issues. EBIT and EBITDA margins are also deeply negative, suggesting operational inefficiencies and high fixed costs. Despite revenue growth, the company struggles with profitability and margin pressures.

Balance Sheet

The balance sheet reveals a challenging financial position with negative stockholders' equity and a high debt-to-equity ratio due to significant liabilities outweighing assets. With a high total debt relative to equity, financial leverage is a concern. The equity ratio is negative, indicating liabilities exceed assets, posing a risk to financial stability. The negative ROE further highlights challenges in generating returns for shareholders. Overall, the balance sheet indicates financial instability and high leverage.

Cash Flow

Cash flow statements show persistent negative operating and free cash flows, underscoring cash management challenges. The TTM free cash flow remains negative, with no free cash flow growth. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income to cash. Although financing activities have provided some cash inflows, overall cash flow performance highlights liquidity issues and a need for improved cash generation.

Breakdown	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	2.49M	2.23M	1.48M	658.43K	602.64K
Gross Profit	1.31M	1.28M	819.53K	415.93K	480.67K
EBITDA	2.45M	-3.45M	-6.80M	-3.67M	-6.87M
Net Income	1.90M	-5.46M	-7.43M	-5.19M	-7.58M
Balance Sheet
Total Assets	2.28M	1.62M	2.09M	584.14K	372.31K
Cash, Cash Equivalents and Short-Term Investments	736.46K	97.09K	519.90K	323.41K	77.21K
Total Debt	1.38M	3.69M	1.45M	578.42K	765.48K
Total Liabilities	3.78M	5.83M	3.42M	1.99M	2.88M
Stockholders Equity	-1.64M	-4.36M	-1.52M	-1.40M	-2.51M
Cash Flow
Free Cash Flow	-1.72M	-1.58M	-1.81M	-1.78M	-1.31M
Operating Cash Flow	-1.60M	-1.58M	-1.81M	-1.78M	-1.31M
Investing Cash Flow	3.94M	5.50K	301.90K	0.00	0.00
Financing Cash Flow	-1.70M	1.16M	1.70M	2.03M	1.26M

C-Bond Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	80 Outperform	4.18B	12.53	18.85%	0.88%	3.73%	32.29%
PRLB	77 Outperform	1.20B	83.75	1.99%	―	-0.13%	-37.00%
OLED	77 Outperform	7.11B	28.55	14.26%	1.17%	6.23%	10.12%
CMCO	58 Neutral	419.68M	-26.86	-1.72%	1.92%	-5.75%	-133.96%
AXTI	51 Neutral	214.94M	-8.45	-6.03%	―	-2.63%	-78.66%
CBNT	31 Underperform	$238.52K	―	44.14%	―	36.34%	-333.33%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%