Veritas vs 23andMe Which Is More Profitable?

Veritas Genetics and 23andMe are two prominent companies in the rapidly growing genetic testing industry. Veritas is known for its whole-genome sequencing services, providing customers with detailed insights into their genetic makeup. On the other hand, 23andMe offers affordable, direct-to-consumer genetic testing kits that focus on ancestry and health-related information. Both companies have attracted investor interest, but their approaches and market presence differ significantly, making them interesting stocks to compare and analyze.

Veritas or 23andMe?

When comparing Veritas and 23andMe, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Veritas and 23andMe.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Veritas has a dividend yield of 0.01%, while 23andMe has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Veritas reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, 23andMe reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Veritas P/E ratio at 12.51 and 23andMe's P/E ratio at -3.62. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Veritas P/B ratio is 1.05 while 23andMe's P/B ratio is 15.93.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Veritas has seen a 5-year revenue growth of 1.05%, while 23andMe's is -0.57%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Veritas's ROE at 8.57% and 23andMe's ROE at -189.28%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹967.50 for Veritas and $4.33 for 23andMe. Over the past year, Veritas's prices ranged from ₹25.10 to ₹1004.00, with a yearly change of 3900.00%. 23andMe's prices fluctuated between $4.33 and $20.40, with a yearly change of 371.13%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.