PROTO LABS INC (PRLB)
US7437131094 - Common Stock
PRLB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. PRLB is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. PRLB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PRLB was profitable.
PRLB had a positive operating cash flow in the past year.
Of the past 5 years PRLB 4 years were profitable.
In the past 5 years PRLB always reported a positive cash flow from operatings.
1.2 Ratios
PRLB's Return On Assets of 3.27% is in line compared to the rest of the industry. PRLB outperforms 47.69% of its industry peers.
With a Return On Equity value of 3.62%, PRLB perfoms like the industry average, outperforming 41.54% of the companies in the same industry.
PRLB has a worse Return On Invested Capital (2.76%) than 69.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PRLB is significantly below the industry average of 11.21%.
The last Return On Invested Capital (2.76%) for PRLB is above the 3 year average (2.51%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.27% | ||
| ROE | 3.62% | ||
| ROIC | 2.76% |
ROA(3y)-2.36%
ROA(5y)1.84%
ROE(3y)-2.78%
ROE(5y)2.09%
ROIC(3y)2.51%
ROIC(5y)4.14%
1.3 Margins
PRLB's Profit Margin of 4.87% is in line compared to the rest of the industry. PRLB outperforms 51.54% of its industry peers.
In the last couple of years the Profit Margin of PRLB has declined.
PRLB has a Operating Margin of 6.21%. This is comparable to the rest of the industry: PRLB outperforms 42.31% of its industry peers.
PRLB's Operating Margin has declined in the last couple of years.
PRLB's Gross Margin of 44.99% is amongst the best of the industry. PRLB outperforms 86.92% of its industry peers.
PRLB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.21% | ||
| PM (TTM) | 4.87% | ||
| GM | 44.99% |
OM growth 3Y-25.76%
OM growth 5Y-22.35%
PM growth 3Y-33.68%
PM growth 5Y-27.61%
GM growth 3Y-4.22%
GM growth 5Y-3.83%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PRLB is destroying value.
The number of shares outstanding for PRLB has been reduced compared to 1 year ago.
PRLB has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PRLB has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.75 indicates that PRLB is not in any danger for bankruptcy at the moment.
PRLB has a better Altman-Z score (7.75) than 89.23% of its industry peers.
The Debt to FCF ratio of PRLB is 0.02, which is an excellent value as it means it would take PRLB, only 0.02 years of fcf income to pay off all of its debts.
PRLB's Debt to FCF ratio of 0.02 is amongst the best of the industry. PRLB outperforms 94.62% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that PRLB is not too dependend on debt financing.
The Debt to Equity ratio of PRLB (0.00) is better than 83.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Altman-Z | 7.75 |
ROIC/WACC0.33
WACC8.35%
2.3 Liquidity
A Current Ratio of 4.08 indicates that PRLB has no problem at all paying its short term obligations.
PRLB has a Current ratio of 4.08. This is amongst the best in the industry. PRLB outperforms 86.92% of its industry peers.
PRLB has a Quick Ratio of 3.83. This indicates that PRLB is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.83, PRLB belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.08 | ||
| Quick Ratio | 3.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.66% over the past year.
Measured over the past years, PRLB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.05% on average per year.
PRLB shows a small growth in Revenue. In the last year, the Revenue has grown by 4.90%.
PRLB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.49% yearly.
EPS 1Y (TTM)35.66%
EPS 3Y-12.27%
EPS 5Y-12.05%
EPS Q2Q%15.15%
Revenue 1Y (TTM)4.9%
Revenue growth 3Y5.07%
Revenue growth 5Y2.49%
Sales Q2Q%2.75%
3.2 Future
Based on estimates for the next years, PRLB will show a decrease in Earnings Per Share. The EPS will decrease by -2.82% on average per year.
PRLB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.13% yearly.
EPS Next Y-10.93%
EPS Next 2Y-2.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.33%
Revenue Next 2Y1.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.78 indicates a correct valuation of PRLB.
Based on the Price/Earnings ratio, PRLB is valued a bit cheaper than the industry average as 70.77% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of PRLB to the average of the S&P500 Index (30.59), we can say PRLB is valued slightly cheaper.
PRLB is valuated rather expensively with a Price/Forward Earnings ratio of 19.43.
PRLB's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, PRLB is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.78 | ||
| Fwd PE | 19.43 |
4.2 Price Multiples
78.46% of the companies in the same industry are more expensive than PRLB, based on the Enterprise Value to EBITDA ratio.
PRLB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PRLB is cheaper than 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.05 | ||
| EV/EBITDA | 9.18 |
4.3 Compensation for Growth
A cheap valuation may be justified as PRLB's earnings are expected to decrease with -2.82% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.82%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PRLB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PROTO LABS INC
NYSE:PRLB (9/20/2024, 8:15:34 PM)
After market: 29.36 0 (0%)29.36
-0.73 (-2.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap738.40M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.78 | ||
| Fwd PE | 19.43 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.27% | ||
| ROE | 3.62% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.21% | ||
| PM (TTM) | 4.87% | ||
| GM | 44.99% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.08 | ||
| Quick Ratio | 3.83 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)35.66%
EPS 3Y-12.27%
EPS 5Y
EPS Q2Q%
EPS Next Y-10.93%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.9%
Revenue growth 3Y5.07%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y