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SYBXSynlogic, Inc.
$0.70$8M
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  4. Financial Ratios

Synlogic, Inc. (SYBX) Financial Ratios

Latest Ratios: P/E Ratio -8.8x · EV/EBITDA N/A · ROE -8.2%. (2013–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SYBX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$8M$14M$17M$25M$54M$134M$77M$78M$167M$65M$562M
Enterprise Value$-6468655$-878662$-1785307$18M$59M$138M$68M$77M$157M$-20936422$547M
P/E Ratio →-8.76——————————
P/S Ratio——2134.347.4346.1676.30141.9435.1166.4026.681266.33
P/B Ratio0.731.161.340.590.660.910.670.501.350.779.32
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

SYBX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue——-223.165.4449.9278.67124.1434.5962.13-8.571231.69
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

SYBX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin——100.0%100.0%100.0%100.0%100.0%100.0%-491.2%100.0%64.2%
Operating Margin——-511875.0%-1636.3%-5713.5%-3464.4%-11094.7%-2446.4%-2032.9%-1670.4%-5995.0%
Net Profit Margin——-291987.5%-1699.3%-5605.7%-3452.7%-10857.4%-2309.9%-1922.0%-1652.1%-5916.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-8.2%-8.2%-84.3%-91.5%-57.6%-46.2%-43.5%-36.6%-46.3%-55.5%-36.1%
ROA-5.7%-5.7%-49.0%-61.5%-46.3%-38.0%-35.6%-31.2%-40.4%-49.3%-33.9%
ROIC——-205.7%-67.3%-42.4%-35.5%-34.7%-30.3%-68.5%-139.6%-99.1%
ROCE-32.6%-32.6%-120.6%-71.7%-51.2%-40.5%-38.4%-34.9%-46.0%-53.7%-36.4%

SYBX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity———0.400.250.140.200.160.000.010.02
Debt / EBITDA———————————
Net Debt / Equity—-1.24-1.48-0.160.050.03-0.08-0.01-0.09-1.01-0.25
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage———-57267.00-33072.50-30279.50-9861.17-2445.33-1125.40-707.37—

Net cash position: cash ($15M) exceeds total debt ($0)

SYBX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio4.304.302.802.456.5813.2312.8715.0314.719.6422.23
Quick Ratio4.304.302.802.456.5813.2312.8715.0314.719.6422.23
Cash Ratio4.094.092.672.346.4012.7612.1013.4914.719.6421.91
Asset Turnover——0.000.040.010.010.000.010.020.020.01
Inventory Turnover———————————
Days Sales Outstanding———————————

SYBX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%4.6%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.0%4.6%0.0%0.0%0.0%0.0%0.0%0.0%
Shares Outstanding—$12M$12M$7M$5M$4M$2M$2M$2M$448309$3M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Total cessation of operations

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Liquidation Reality

According to recent market data, Synlogic trades at a price-to-book ratio of 0.63, which, based on reported figures, suggests that investors are pricing the company below its stated net asset value in anticipation of further erosion during the ongoing wind-down process.

The negative P/E ratio of -7.64 is largely irrelevant given the company's lack of commercial revenue and the discontinuation of its primary clinical programs. This valuation implies that the market views the remaining cash balance as the only tangible asset, while discounting the potential for significant liabilities to emerge during the final dissolution.

Capital Compounding Has Effectively Ceased

As reported in financial statements, the company's ROIC reached a low of -40.7% in 2024Q1, illustrating a long-term trend of capital destruction that has rendered the firm unable to generate positive returns on its invested capital prior to the recent strategic pivot.

The erratic fluctuations in ROE, which swung from -112.8% to 21.0% in recent periods, appear to be driven by accounting adjustments rather than operational success. This volatility confirms that the company's historical capital allocation failed to build a sustainable business, leaving no foundation for future compounding.

Liquidity Buffer Masks Impending Obligations

Based on quarterly filings, the company maintains a current ratio of 7.08 as of 2026Q1, yet this figure is misleading because it does not account for the substantial clinical trial termination fees and severance costs that will likely consume the remaining cash reserves.

While the high current ratio suggests a strong short-term position, the lack of any incoming revenue streams means that this liquidity is strictly finite. Investors should monitor the rate of cash depletion, as the current ratio will likely deteriorate rapidly as the company settles its final operational liabilities.

Misapplied Reliance on Book Value

The most commonly misapplied metric for Synlogic is the price-to-book ratio, which, as indicated by historical data, obscures the reality that the company's book value is heavily comprised of assets that may be subject to significant impairment during a formal liquidation process.

Analysts should instead focus on a 'net cash' analysis, which subtracts all potential wind-down liabilities from the reported cash balance to determine a more realistic floor for shareholder value. Relying on book value ignores the high probability that the company's remaining assets will be liquidated at a substantial discount to their carrying value.

Download Financial Ratios Data

Includes 30+ ratios · 13 years · Updated daily

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SYBX — Frequently Asked Questions

Quick answers to the most common questions about buying SYBX stock.

What is Synlogic, Inc.'s P/E ratio?

Synlogic, Inc.'s current P/E ratio is -8.8x. This places it at the 50th percentile of its historical range.

What is Synlogic, Inc.'s ROE?

Synlogic, Inc.'s return on equity (ROE) is -8.2%. The historical average is -58.2%.

Is SYBX stock overvalued?

Based on historical data, Synlogic, Inc. is trading at a P/E of -8.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.