PROTO LABS INC (PRLB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRLB - US7437131094 - Common Stock
52.08 USD
+0.4 (+0.77%)
52.08 USD
0 (0%)
Taking everything into account, PRLB scores 5 out of 10 in our fundamental rating. PRLB was compared to 130 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
PRLB had positive earnings in the past year.
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
PRLB has a Return On Assets (1.96%) which is comparable to the rest of the industry.
PRLB's Return On Equity of 2.23% is on the low side compared to the rest of the industry. PRLB is outperformed by 63.85% of its industry peers.
The Return On Invested Capital of PRLB (2.11%) is worse than 67.69% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRLB is significantly below the industry average of 10.39%.
| 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 43.08% of its industry peers.
In the last couple of years the Profit Margin of PRLB has declined.
PRLB has a worse Operating Margin (4.35%) than 63.85% of its industry peers.
In the last couple of years the Operating Margin of PRLB has declined.
PRLB's Gross Margin of 44.12% is amongst the best of the industry. PRLB outperforms 82.31% of its industry peers.
PRLB's Gross Margin has declined in the last couple of years.
| 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.
Compared to 1 year ago, PRLB has an improved debt to assets ratio.
2.2 Solvency
PRLB has an Altman-Z score of 9.44. This indicates that PRLB is financially healthy and has little risk of bankruptcy at the moment.
PRLB's Altman-Z score of 9.44 is amongst the best of the industry. PRLB outperforms 92.31% 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 | 9.44 |
ROIC/WACC0.22
WACC9.45%
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.
With a decent Current ratio value of 3.24, PRLB is doing good in the industry, outperforming 80.00% of the companies in the same industry.
PRLB has a Quick Ratio of 3.04. This indicates that PRLB is financially healthy and has no problem in meeting its short term obligations.
PRLB's Quick ratio of 3.04 is amongst the best of the industry. PRLB outperforms 87.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.24 | ||
| Quick Ratio | 3.04 |
3. Growth
3.1 Past
The earnings per share for PRLB have decreased by -7.02% in the last year.
PRLB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.19% yearly.
The Revenue has been growing slightly by 2.82% in the past year.
The Revenue has been growing slightly by 1.78% on average over the past years.
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
Based on estimates for the next years, PRLB will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.48% on average per year.
Based on estimates for the next years, PRLB will show a small growth in Revenue. The Revenue will grow by 5.23% on average per year.
EPS Next Y-4.47%
EPS Next 2Y2.2%
EPS Next 3Y8.48%
EPS Next 5YN/A
Revenue Next Year5.25%
Revenue Next 2Y5.22%
Revenue Next 3Y5.23%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 32.75, PRLB can be considered very expensive at the moment.
Based on the Price/Earnings ratio, PRLB is valued a bit more expensive than 63.08% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.46. PRLB is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 30.59 indicates a quite expensive valuation of PRLB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PRLB indicates a slightly more expensive valuation: PRLB is more expensive than 65.38% of the companies listed in the same industry.
PRLB's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.75 | ||
| Fwd PE | 30.59 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRLB is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, PRLB is valued a bit cheaper than the industry average as 72.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.21 | ||
| EV/EBITDA | 19.1 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.2%
EPS Next 3Y8.48%
5. Dividend
5.1 Amount
PRLB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
52.08
+0.4 (+0.77%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners92.16%
Inst Owner Change1.31%
Ins Owners1.06%
Ins Owner Change0.28%
Market Cap1.23B
Revenue(TTM)518.38M
Net Income(TTM)14.84M
Analysts78.18
Price Target57.8 (10.98%)
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)3.37%
EPS NQ rev (3m)1.54%
EPS NY rev (1m)3.71%
EPS NY rev (3m)4.99%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.75 | ||
| Fwd PE | 30.59 | ||
| P/S | 2.38 | ||
| P/FCF | 18.21 | ||
| P/OCF | 16.37 | ||
| P/B | 1.86 | ||
| P/tB | 3.32 | ||
| EV/EBITDA | 19.1 |
EPS(TTM)1.59
EY3.05%
EPS(NY)1.7
Fwd EY3.27%
FCF(TTM)2.86
FCFY5.49%
OCF(TTM)3.18
OCFY6.11%
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 | 9.44 |
F-Score6
WACC9.45%
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-4.47%
EPS Next 2Y2.2%
EPS Next 3Y8.48%
EPS Next 5YN/A
Revenue 1Y (TTM)2.82%
Revenue growth 3Y0.87%
Revenue growth 5Y1.78%
Sales Q2Q%7.76%
Revenue Next Year5.25%
Revenue Next 2Y5.22%
Revenue Next 3Y5.23%
Revenue Next 5YN/A
EBIT growth 1Y-24.4%
EBIT growth 3Y-14.15%
EBIT growth 5Y-20.42%
EBIT Next Year58.27%
EBIT Next 3YN/A
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 5 / 10 to PRLB.
What is the valuation status for PRLB stock?
ChartMill assigns a valuation rating of 2 / 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 32.75 and the Price/Book (PB) ratio is 1.86.
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 -4.47% in the next year.