PROTO LABS INC (PRLB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRLB - US7437131094 - Common Stock
50.88 USD
-1.2 (-2.3%)
50.88 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PRLB. PRLB was compared to 130 industry peers in the Machinery industry. While PRLB has a great health rating, there are worries on its profitability. While showing a medium growth rate, PRLB is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year PRLB was profitable.
In the past year PRLB had a positive cash flow from operations.
Of the past 5 years PRLB 4 years were profitable.
Each year in the past 5 years PRLB had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.96%, PRLB perfoms like the industry average, outperforming 40.77% of the companies in the same industry.
PRLB has a worse Return On Equity (2.23%) than 63.08% of its industry peers.
With a Return On Invested Capital value of 2.11%, PRLB is not doing good in the industry: 67.69% of the companies in the same industry are doing better.
PRLB had an Average Return On Invested Capital over the past 3 years of 2.43%. This is significantly below the industry average of 10.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 2.23% | ||
| ROIC | 2.11% |
ROA(3y)-2.81%
ROA(5y)0.4%
ROE(3y)-3.29%
ROE(5y)0.41%
ROIC(3y)2.43%
ROIC(5y)3.16%
1.3 Margins
PRLB has a Profit Margin (2.86%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PRLB has declined.
Looking at the Operating Margin, with a value of 4.35%, PRLB is doing worse than 63.85% of the companies in the same industry.
PRLB's Operating Margin has declined in the last couple of years.
PRLB has a better Gross Margin (44.12%) than 82.31% of its industry peers.
In the last couple of years the Gross Margin of PRLB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.35% | ||
| PM (TTM) | 2.86% | ||
| GM | 44.12% |
OM growth 3Y-14.89%
OM growth 5Y-21.81%
PM growth 3Y-21.48%
PM growth 5Y-24.92%
GM growth 3Y-0.78%
GM growth 5Y-2.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PRLB is destroying value.
PRLB has less shares outstanding than it did 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
PRLB has an Altman-Z score of 9.32. This indicates that PRLB is financially healthy and has little risk of bankruptcy at the moment.
PRLB has a Altman-Z score of 9.32. This is amongst the best in the industry. PRLB outperforms 91.54% of its industry peers.
PRLB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 9.32 |
ROIC/WACC0.22
WACC9.57%
2.3 Liquidity
A Current Ratio of 3.24 indicates that PRLB has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.24, PRLB is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
A Quick Ratio of 3.04 indicates that PRLB has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.04, PRLB belongs to the top of the industry, outperforming 87.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.04 |
3. Growth
3.1 Past
PRLB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.02%.
Measured over the past years, PRLB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.19% on average per year.
Looking at the last year, PRLB shows a small growth in Revenue. The Revenue has grown by 2.82% in the last year.
Measured over the past years, PRLB shows a small growth in Revenue. The Revenue has been growing by 1.78% on average per year.
EPS 1Y (TTM)-7.02%
EPS 3Y1.69%
EPS 5Y-10.19%
EPS Q2Q%0%
Revenue 1Y (TTM)2.82%
Revenue growth 3Y0.87%
Revenue growth 5Y1.78%
Sales Q2Q%7.76%
3.2 Future
PRLB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.49% yearly.
The Revenue is expected to grow by 5.30% on average over the next years.
EPS Next Y-2.34%
EPS Next 2Y1.89%
EPS Next 3Y6.49%
EPS Next 5YN/A
Revenue Next Year5.31%
Revenue Next 2Y5.09%
Revenue Next 3Y5.3%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 32.00, the valuation of PRLB can be described as expensive.
Based on the Price/Earnings ratio, PRLB is valued a bit more expensive than 62.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. PRLB is valued slightly more expensive when compared to this.
PRLB is valuated quite expensively with a Price/Forward Earnings ratio of 30.07.
64.62% of the companies in the same industry are cheaper than PRLB, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.56. PRLB is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32 | ||
| Fwd PE | 30.07 |
4.2 Price Multiples
PRLB's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRLB indicates a somewhat cheap valuation: PRLB is cheaper than 73.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.79 | ||
| EV/EBITDA | 18.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.89%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
No dividends for PRLB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
50.88
-1.2 (-2.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners93.57%
Inst Owner Change1.31%
Ins Owners1.08%
Ins Owner Change0.28%
Market Cap1.20B
Revenue(TTM)518.38M
Net Income(TTM)14.84M
Analysts78.18
Price Target57.8 (13.6%)
Short Float %3.01%
Short Ratio3.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.68%
Min EPS beat(2)17.55%
Max EPS beat(2)17.81%
EPS beat(4)4
Avg EPS beat(4)15.66%
Min EPS beat(4)10.87%
Max EPS beat(4)17.81%
EPS beat(8)8
Avg EPS beat(8)23.41%
EPS beat(12)12
Avg EPS beat(12)26.01%
EPS beat(16)15
Avg EPS beat(16)25.13%
Revenue beat(2)1
Avg Revenue beat(2)1.29%
Min Revenue beat(2)-0.84%
Max Revenue beat(2)3.41%
Revenue beat(4)2
Avg Revenue beat(4)0.49%
Min Revenue beat(4)-0.84%
Max Revenue beat(4)3.41%
Revenue beat(8)4
Avg Revenue beat(8)0.18%
Revenue beat(12)7
Avg Revenue beat(12)0.91%
Revenue beat(16)8
Avg Revenue beat(16)0.39%
PT rev (1m)13.33%
PT rev (3m)13.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.37%
EPS NY rev (1m)2.23%
EPS NY rev (3m)7.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.08%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32 | ||
| Fwd PE | 30.07 | ||
| P/S | 2.32 | ||
| P/FCF | 17.79 | ||
| P/OCF | 15.99 | ||
| P/B | 1.81 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 18.77 |
EPS(TTM)1.59
EY3.13%
EPS(NY)1.69
Fwd EY3.33%
FCF(TTM)2.86
FCFY5.62%
OCF(TTM)3.18
OCFY6.25%
SpS21.89
BVpS28.07
TBVpS15.68
PEG (NY)N/A
PEG (5Y)N/A
Graham Number31.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 2.23% | ||
| ROCE | 3.28% | ||
| ROIC | 2.11% | ||
| ROICexc | 2.56% | ||
| ROICexgc | 5.3% | ||
| OM | 4.35% | ||
| PM (TTM) | 2.86% | ||
| GM | 44.12% | ||
| FCFM | 13.06% |
ROA(3y)-2.81%
ROA(5y)0.4%
ROE(3y)-3.29%
ROE(5y)0.41%
ROIC(3y)2.43%
ROIC(5y)3.16%
ROICexc(3y)2.8%
ROICexc(5y)3.78%
ROICexgc(3y)5.45%
ROICexgc(5y)6.71%
ROCE(3y)3.77%
ROCE(5y)4.91%
ROICexgc growth 3Y-8.13%
ROICexgc growth 5Y-18.97%
ROICexc growth 3Y-4.98%
ROICexc growth 5Y-24.03%
OM growth 3Y-14.89%
OM growth 5Y-21.81%
PM growth 3Y-21.48%
PM growth 5Y-24.92%
GM growth 3Y-0.78%
GM growth 5Y-2.78%
F-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 22.08% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 132.03% | ||
| Profit Quality | 456.43% | ||
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.04 | ||
| Altman-Z | 9.32 |
F-Score6
WACC9.57%
ROIC/WACC0.22
Cap/Depr(3y)51.87%
Cap/Depr(5y)76.84%
Cap/Sales(3y)3.95%
Cap/Sales(5y)5.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.02%
EPS 3Y1.69%
EPS 5Y-10.19%
EPS Q2Q%0%
EPS Next Y-2.34%
EPS Next 2Y1.89%
EPS Next 3Y6.49%
EPS Next 5YN/A
Revenue 1Y (TTM)2.82%
Revenue growth 3Y0.87%
Revenue growth 5Y1.78%
Sales Q2Q%7.76%
Revenue Next Year5.31%
Revenue Next 2Y5.09%
Revenue Next 3Y5.3%
Revenue Next 5YN/A
EBIT growth 1Y-24.4%
EBIT growth 3Y-14.15%
EBIT growth 5Y-20.42%
EBIT Next Year63.4%
EBIT Next 3Y26.27%
EBIT Next 5YN/A
FCF growth 1Y32.02%
FCF growth 3Y48.42%
FCF growth 5Y4.96%
OCF growth 1Y13.3%
OCF growth 3Y12.13%
OCF growth 5Y-7.69%
PROTO LABS INC / PRLB FAQ
Can you provide the ChartMill fundamental rating for PROTO LABS INC?
ChartMill assigns a fundamental rating of 4 / 10 to PRLB.
What is the valuation status for PRLB stock?
ChartMill assigns a valuation rating of 1 / 10 to PROTO LABS INC (PRLB). This can be considered as Overvalued.
How profitable is PROTO LABS INC (PRLB) stock?
PROTO LABS INC (PRLB) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for PRLB stock?
The Price/Earnings (PE) ratio for PROTO LABS INC (PRLB) is 32 and the Price/Book (PB) ratio is 1.81.
What is the earnings growth outlook for PROTO LABS INC?
The Earnings per Share (EPS) of PROTO LABS INC (PRLB) is expected to decline by -2.34% in the next year.