PROTO LABS INC (PRLB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRLB - US7437131094 - Common Stock
54.71 USD
-0.22 (-0.4%)
54.71 USD
0 (0%)
Taking everything into account, PRLB scores 4 out of 10 in our fundamental rating. PRLB was compared to 132 industry peers in the Machinery industry. No worries on liquidiy or solvency for PRLB as it has an excellent financial health rating, but there are worries on the profitability. PRLB is valied quite expensively at the moment, while it does show a decent growth rate.
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.
PRLB had positive earnings in 4 of the past 5 years.
In the past 5 years PRLB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PRLB (1.96%) is comparable to the rest of the industry.
PRLB has a Return On Equity of 2.23%. This is in the lower half of the industry: PRLB underperforms 62.12% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.11%, PRLB is doing worse than 68.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PRLB is significantly below the industry average of 10.22%.
| 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 of 2.86%. This is comparable to the rest of the industry: PRLB outperforms 42.42% of its industry peers.
In the last couple of years the Profit Margin of PRLB has declined.
PRLB has a Operating Margin of 4.35%. This is in the lower half of the industry: PRLB underperforms 64.39% of its industry peers.
In the last couple of years the Operating Margin of PRLB has declined.
Looking at the Gross Margin, with a value of 44.12%, PRLB belongs to the top of the industry, outperforming 84.09% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PRLB is destroying value.
The number of shares outstanding for PRLB has been reduced compared to 1 year ago.
Compared to 5 years ago, PRLB has less shares outstanding
PRLB has a better debt/assets ratio than last year.
2.2 Solvency
PRLB has an Altman-Z score of 9.91. This indicates that PRLB is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.91, PRLB belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
There is no outstanding debt for PRLB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 9.91 |
ROIC/WACC0.22
WACC9.7%
2.3 Liquidity
PRLB has a Current Ratio of 3.24. This indicates that PRLB is financially healthy and has no problem in meeting its short term obligations.
PRLB has a Current ratio of 3.24. This is amongst the best in the industry. PRLB outperforms 80.30% of its industry peers.
A Quick Ratio of 3.04 indicates that PRLB has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.04, PRLB belongs to the best of the industry, outperforming 88.64% 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%.
The earnings per share for PRLB have been decreasing by -10.19% on average. This is quite bad
PRLB shows a small growth in Revenue. In the last year, the Revenue has grown by 2.82%.
PRLB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.78% yearly.
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
The Earnings Per Share is expected to grow by 6.49% on average over the next years.
PRLB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.30% yearly.
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
With a Price/Earnings ratio of 34.41, PRLB can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of PRLB indicates a slightly more expensive valuation: PRLB is more expensive than 60.61% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. PRLB is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 32.33, the valuation of PRLB can be described as expensive.
Based on the Price/Forward Earnings ratio, PRLB is valued a bit more expensive than the industry average as 65.15% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of PRLB to the average of the S&P500 Index (23.88), we can say PRLB is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.41 | ||
| Fwd PE | 32.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRLB indicates a slightly more expensive valuation: PRLB is more expensive than 62.88% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PRLB is valued a bit cheaper than the industry average as 74.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.13 | ||
| EV/EBITDA | 20.36 |
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 | 0% |
54.71
-0.22 (-0.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners94.33%
Inst Owner Change0%
Ins Owners1.08%
Ins Owner Change0.28%
Market Cap1.30B
Revenue(TTM)518.38M
Net Income(TTM)14.84M
Analysts78.18
Price Target57.8 (5.65%)
Short Float %2.32%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0%
PT rev (3m)13.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.37%
EPS NY rev (1m)0%
EPS NY rev (3m)6.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.41 | ||
| Fwd PE | 32.33 | ||
| P/S | 2.5 | ||
| P/FCF | 19.13 | ||
| P/OCF | 17.19 | ||
| P/B | 1.95 | ||
| P/tB | 3.49 | ||
| EV/EBITDA | 20.36 |
EPS(TTM)1.59
EY2.91%
EPS(NY)1.69
Fwd EY3.09%
FCF(TTM)2.86
FCFY5.23%
OCF(TTM)3.18
OCFY5.82%
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 | 9.91 |
F-Score6
WACC9.7%
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 of PROTO LABS INC (PRLB) stock?
ChartMill assigns a valuation rating of 1 / 10 to PROTO LABS INC (PRLB). This can be considered as Overvalued.
What is the profitability of PRLB stock?
PROTO LABS INC (PRLB) has a profitability rating of 3 / 10.
What is the financial health of PROTO LABS INC (PRLB) stock?
The financial health rating of PROTO LABS INC (PRLB) is 9 / 10.
Can you provide the expected EPS growth for PRLB stock?
The Earnings per Share (EPS) of PROTO LABS INC (PRLB) is expected to decline by -2.34% in the next year.