NasdaqCM:SGLB

Stock Analysis Report

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Market Cap

US$40.3m

Last Updated

2021/06/24 03:31 UTC

Data Sources

Company Financials +

Executive Summary

Sigma Labs, Inc., a software company, provides in-process quality assurance software to the additive manufacturing industry under the PrintRite3D brand. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

How has Sigma Labs's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SGLB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SGLB's weekly volatility has decreased from 22% to 10% over the past year.


Market Performance


7 Day Return

-4.5%

SGLB

-1.3%

US Aerospace & Defense

0.5%

US Market


1 Year Return

43.3%

SGLB

31.2%

US Aerospace & Defense

42.6%

US Market

Return vs Industry: SGLB exceeded the US Aerospace & Defense industry which returned 31.2% over the past year.

Return vs Market: SGLB matched the US Market which returned 42.6% over the past year.


Shareholder returns

SGLBIndustryMarket
7 Day-4.5%-1.3%0.5%
30 Day4.6%0.8%1.9%
90 Day-11.3%9.0%7.9%
1 Year43.3%43.3%34.0%31.2%44.9%42.6%
3 Year-57.3%-57.3%31.1%4.2%64.4%54.1%
5 Year-92.8%-92.8%84.2%38.4%128.3%102.7%

Long-Term Price Volatility Vs. Market

How volatile is Sigma Labs's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sigma Labs undervalued compared to its fair value and its price relative to the market?

3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SGLB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SGLB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SGLB is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.

PE vs Market: SGLB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SGLB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SGLB's PB Ratio (3x) is in line with the US Aerospace & Defense industry average.


Future Growth

How is Sigma Labs forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

50.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SGLB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SGLB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SGLB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SGLB's revenue (89.4% per year) is forecast to grow faster than the US market (9.5% per year).

High Growth Revenue: SGLB's revenue (89.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SGLB's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Sigma Labs performed over the past 5 years?

-23.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SGLB is currently unprofitable.

Growing Profit Margin: SGLB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SGLB is unprofitable, and losses have increased over the past 5 years at a rate of 23.7% per year.

Accelerating Growth: Unable to compare SGLB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SGLB is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-6.2%).


Return on Equity

High ROE: SGLB has a negative Return on Equity (-31.8%), as it is currently unprofitable.


Financial Health

How is Sigma Labs's financial position?


Financial Position Analysis

Short Term Liabilities: SGLB's short term assets ($18.1M) exceed its short term liabilities ($5.5M).

Long Term Liabilities: SGLB's short term assets ($18.1M) exceed its long term liabilities ($131.3K).


Debt to Equity History and Analysis

Debt Level: SGLB is debt free.

Reducing Debt: SGLB had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SGLB has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SGLB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.4% each year


Dividend

What is Sigma Labs's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SGLB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SGLB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SGLB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SGLB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SGLB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Mark Ruport (67 yo)

1.17yrs

Tenure

US$826,768

Compensation

Mr. Mark K. Ruport serves as a President and the Chief Executive Officer of Sigma Labs, Inc. since April 30, 2020 and serves as its Director and served as its Executive Chairman since December 3, 2019 unti...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD826.77K) is above average for companies of similar size in the US market ($USD528.84K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SGLB's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: SGLB's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 240%.


Top Shareholders

Company Information

Sigma Labs, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sigma Labs, Inc.
  • Ticker: SGLB
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$40.295m
  • Shares outstanding: 10.49m
  • Website: https://www.sigmalabsinc.com

Number of Employees


Location

  • Sigma Labs, Inc.
  • 3900 Paseo del Sol
  • Santa Fe
  • New Mexico
  • 87507
  • United States

Listings


Biography

Sigma Labs, Inc., a software company, provides in-process quality assurance software to the additive manufacturing industry under the PrintRite3D brand. It also offers PrintRite3D Lite, which has a smaller...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 03:31
End of Day Share Price2021/06/23 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.