Singular Genomics Shares Outstanding vs. Price To Earning

OMIC Stock  USD 21.25  0.20  0.93%   
Based on Singular Genomics' profitability indicators, Singular Genomics Systems may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Singular Genomics' ability to earn profits and add value for shareholders. As of December 4, 2024, Price To Sales Ratio is expected to decline to 10.93. In addition to that, Days Sales Outstanding is expected to decline to 188.68. At present, Singular Genomics' Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 8.9 M, whereas Operating Income is projected to grow to (97.7 M).
For Singular Genomics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Singular Genomics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Singular Genomics Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Singular Genomics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Singular Genomics Systems over time as well as its relative position and ranking within its peers.
  

Singular Genomics' Revenue Breakdown by Earning Segment

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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Singular Genomics. If investors know Singular will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Singular Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(34.68)
Revenue Per Share
1.107
Quarterly Revenue Growth
0.459
Return On Assets
(0.24)
Return On Equity
(0.52)
The market value of Singular Genomics Systems is measured differently than its book value, which is the value of Singular that is recorded on the company's balance sheet. Investors also form their own opinion of Singular Genomics' value that differs from its market value or its book value, called intrinsic value, which is Singular Genomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Singular Genomics' market value can be influenced by many factors that don't directly affect Singular Genomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Singular Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Singular Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Singular Genomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Singular Genomics Systems Price To Earning vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Singular Genomics's current stock value. Our valuation model uses many indicators to compare Singular Genomics value to that of its competitors to determine the firm's financial worth.
Singular Genomics Systems is rated below average in shares outstanding category among its peers. It is regarded third in price to earning category among its peers . The ratio of Shares Outstanding to Price To Earning for Singular Genomics Systems is about  70,338 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Singular Genomics' earnings, one of the primary drivers of an investment's value.

Singular Price To Earning vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Singular Genomics

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
2.51 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Singular Genomics

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
35.71 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Singular Price To Earning Comparison

Singular Genomics is currently under evaluation in price to earning category among its peers.

Singular Genomics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Singular Genomics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Singular Genomics will eventually generate negative long term returns. The profitability progress is the general direction of Singular Genomics' change in net profit over the period of time. It can combine multiple indicators of Singular Genomics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income155 K162.8 K
Net Interest Income7.4 M7.7 M
Interest Income8.4 M8.9 M
Operating Income-102.8 M-97.7 M
Net Loss-92.7 M-88 M
Income Before Tax-94.8 M-99.6 M
Total Other Income Expense NetM8.4 M
Net Loss-81.8 M-85.9 M
Net Loss-94.8 M-99.6 M
Income Tax Expense9.1 M9.5 M
Non Operating Income Net OtherM3.1 M
Change To Netincome15.8 M16.6 M
Net Loss(39.08)(41.03)
Income Quality 0.78  0.89 
Net Income Per E B T 1.12  1.10 

Singular Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Singular Genomics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Singular Genomics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Singular Genomics' important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Singular Genomics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Singular Genomics position

In addition to having Singular Genomics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Books Theme
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
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When determining whether Singular Genomics Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Singular Genomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Singular Genomics Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Singular Genomics Systems Stock:
To fully project Singular Genomics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Singular Genomics Systems at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Singular Genomics' income statement, its balance sheet, and the statement of cash flows.
Potential Singular Genomics investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Singular Genomics investors may work on each financial statement separately, they are all related. The changes in Singular Genomics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Singular Genomics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.