Fulgent Genetics Price To Earning vs. Net Income

FLGT Stock  USD 18.33  0.46  2.57%   
Based on Fulgent Genetics' profitability indicators, Fulgent Genetics may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Fulgent Genetics' ability to earn profits and add value for shareholders. At this time, Fulgent Genetics' Days Sales Outstanding is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0.1 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.22 in 2024. At this time, Fulgent Genetics' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 19.5 M in 2024, despite the fact that Income Before Tax is likely to grow to (165.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.440.3612
Fairly Up
Slightly volatile
For Fulgent Genetics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fulgent Genetics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fulgent Genetics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fulgent Genetics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fulgent Genetics over time as well as its relative position and ranking within its peers.
  
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Is Health Care Providers & Services 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 Fulgent Genetics. If investors know Fulgent 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 Fulgent Genetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
(5.52)
Revenue Per Share
9.255
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.04)
The market value of Fulgent Genetics is measured differently than its book value, which is the value of Fulgent that is recorded on the company's balance sheet. Investors also form their own opinion of Fulgent Genetics' value that differs from its market value or its book value, called intrinsic value, which is Fulgent Genetics' 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 Fulgent Genetics' market value can be influenced by many factors that don't directly affect Fulgent Genetics' 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 Fulgent Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fulgent Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fulgent Genetics' 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.

Fulgent Genetics Net Income vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fulgent Genetics's current stock value. Our valuation model uses many indicators to compare Fulgent Genetics value to that of its competitors to determine the firm's financial worth.
Fulgent Genetics is rated below average in price to earning category among its peers. It also is rated below average in net income category among its peers . At this time, Fulgent Genetics' Net Loss is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fulgent Genetics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Fulgent Net Income vs. Price To Earning

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.

Fulgent Genetics

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
3.95 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Fulgent Genetics

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(167.82 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Fulgent Net Income Comparison

Fulgent Genetics is currently under evaluation in net income category among its peers.

Fulgent Genetics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fulgent Genetics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fulgent Genetics will eventually generate negative long term returns. The profitability progress is the general direction of Fulgent Genetics' change in net profit over the period of time. It can combine multiple indicators of Fulgent Genetics, 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 Income1.2 M1.3 M
Operating Income-72.7 M-69.1 M
Net Loss-65 M-61.7 M
Income Before Tax-174.1 M-165.4 M
Total Other Income Expense Net-101.4 M-96.3 M
Net Income Applicable To Common Shares164.9 M101.5 M
Net Loss-167.8 M-159.4 M
Income Tax Expense1.2 M1.1 M
Interest Income18.6 M19.5 M
Net Interest Income18.6 M19.5 M
Non Operating Income Net Other5.8 M6.1 M
Change To Netincome86.8 M91.1 M
Net Loss(5.63)(5.35)
Income Quality(0.16)(0.17)
Net Income Per E B T 0.96  1.45 

Fulgent Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fulgent Genetics. 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 Fulgent Genetics 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 Fulgent Genetics' important profitability drivers and their relationship over time.

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Additional Tools for Fulgent Stock Analysis

When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.