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CEA Industries Inc. (BNC) Stock Analysis

Industrials

CEA Industries Inc.

$2.69

+$0.06 (+2.28%)

Last Updated: May 26, 2026

Price History

Analysis

Company Overview

CEA Industries Inc. operates primarily through its subsidiary, Surna Cultivation Technologies LLC, which specializes in providing environmental control technologies, services, and architectural design solutions to the controlled environment agriculture sector within the United States and Canada. This operational focus places the firm squarely within the Industrials sector, specifically targeting the Farm & Heavy Construction Machinery industry where it supplies critical infrastructure for agricultural production. The company maintains a market capitalization of $138.80M and employs 29 individuals to support its revenue generation of $4.15M. These financial figures indicate that CEA Industries Inc. is a micro-cap entity with a relatively small operational footprint compared to larger industrial peers, suggesting a niche market position rather than broad market dominance.

Financial Health

The company reported a revenue of $4.15M over the trailing twelve months, while simultaneously reporting a net income of $165.36M and an EBITDA of $-86,116,032. The significant discrepancy between the reported revenue and the net income figure, coupled with a negative EBITDA, reveals a highly distorted or non-standard cost structure where accounting results diverge sharply from operational cash generation capabilities. Regarding liquidity and operational cash generation, the free cash flow metric is listed as N/A, which implies that the company either does not report this figure or lacks sufficient cash flow data to substantiate it, limiting visibility into its immediate financial flexibility. The company's profitability margins present a complex picture: the gross margin stands at -28.8%, indicating that cost of goods sold exceeds revenue for a portion of the portfolio; the operating margin is -2240.2%, suggesting substantial operating expenses relative to sales; however, the profit margin is listed at 3986.5%, which is an anomalous figure indicating that net income vastly exceeds the revenue base, likely due to non-operating income or accounting adjustments rather than core business profitability. On the balance sheet, the company holds $11.32M in cash against $3.76M in debt, resulting in a debt-to-equity ratio of 1.03. While the cash position exceeds total debt, the debt-to-equity ratio above 1.0 suggests a leveraged capital structure rather than a purely conservative one. The current ratio is 2.62, indicating that the company possesses 2.62 times more current assets than current liabilities, which points to strong short-term liquidity and an ability to meet obligations without immediate distress. Finally, both the Return on Equity and Return on Assets are listed as N/A, meaning that traditional return metrics cannot be calculated or are not applicable given the company's financial reporting constraints, which limits the ability to assess management effectiveness using standard equity or asset generation benchmarks.

Valuation Assessment

Valuation metrics for CEA Industries Inc. show a trailing P/E ratio of N/A and a forward P/E of 0.67, a combination that implies the market is pricing the stock based on future earnings expectations despite the lack of current profitability data. The price-to-book ratio is 0.38, indicating that the stock is trading significantly below its book value, which often suggests the market assigns a low premium to the company's assets or perceives significant risks that are not yet fully reflected in the balance sheet. Alternative valuation measures such as the price-to-sales ratio of 33.46 and an EV/EBITDA of -1.48 further highlight the disconnect between the company's market price and its fundamental operational metrics, suggesting that traditional valuation multiples are not reliable indicators of value in this specific instance. In terms of price range, the 52-week high is $82.88 and the 52-week low is $2.92; without a specific current price provided in the facts, the valuation assessment relies on these extremes to define the volatility band within which the stock has traded. The beta value is 0.77, which indicates that the stock's price volatility is lower than the broader market, suggesting that CEA Industries Inc. moves less dramatically than the overall market index during periods of fluctuation.

Growth & Income

The company has achieved a revenue growth rate of 6.2% year-over-year, while the earnings growth rate is N/A, creating a scenario where revenue expansion is occurring but earnings growth cannot be measured or is absent. Since the company does not pay dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, the company reinvests its earnings or available capital back into operations rather than distributing income to shareholders. The overall growth and income profile is characterized by positive revenue expansion in a controlled environment agriculture sector but lacks a history of profitable earnings growth or income distribution to shareholders.

Peer Comparison

CEA Industries Inc. (BNC) operates in the Farm & Heavy Construction Machinery industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
CEA Industries Inc. BNC $115.39M N/A
Caterpillar Inc. CAT $418.47B 45.3
Deere & Company DE $142.92B 29.9
PACCAR Inc PCAR $57.55B 23.3

The Farm & Heavy Construction Machinery industry average P/E ratio is 34.7x. CEA Industries Inc. trades at a P/E of N/A.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About CEA Industries Inc.

CEA Industries Inc., through its subsidiary, Surna Cultivation Technologies LLC, focuses on the sale of environmental control and other technologies and services to the controlled environment agriculture (CEA) industry in the United States and Canada. It offers architectural design and licensed engineering of commercial scale thermodynamic systems specific to cultivation facilities; liquid-based process cooling systems and other climate control systems; air handling equipment and systems; and air sanitation products. The company also provides LED lighting; benching and racking solutions for indoor cultivation; proprietary and third-party controls systems and technologies for environmental, lighting, and climate control; and preventative maintenance services for CEA facilities. In addition, it offers a range of service solutions that include facility design and budgeting, equipment selection and specification, equipment installation advisory, and preventative maintenance services. Further, the company retails and manufactures e-cigarettes, vape devices, and e-liquids. It serves commercial, state- and provincial-regulated CEA growers. CEA Industries Inc. is headquartered in Louisville, Colorado.

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Key Statistics

Market Cap
$115.39M
P/E Ratio
N/A
52-Week High
$82.88
52-Week Low
$2.39
Avg Volume
246.41K
Beta
0.61

Data provided by Yahoo Finance via yfinance. Updated daily.

Company Info

Exchange
NASDAQ
Country
United States
Employees
29