PROTO LABS INC (PRLB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRLB - US7437131094 - Common Stock
52.12 USD
-0.44 (-0.84%)
52.12 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. 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
PRLB's Return On Assets of 1.96% is in line compared to the rest of the industry. PRLB outperforms 42.31% of its industry peers.
With a Return On Equity value of 2.23%, PRLB is not doing good in the industry: 62.31% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 2.11%, PRLB is doing worse than 67.69% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PRLB is significantly below the industry average of 10.32%.
| 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.
With a Operating Margin value of 4.35%, PRLB is not doing good in the industry: 63.85% of the companies in the same industry are doing better.
PRLB's Operating Margin has declined in the last couple of years.
The Gross Margin of PRLB (44.12%) is better than 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
PRLB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PRLB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PRLB has been reduced compared to 5 years ago.
PRLB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 9.58 indicates that PRLB is not in any danger for bankruptcy at the moment.
PRLB has a Altman-Z score of 9.58. This is amongst the best in 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 | 9.58 |
ROIC/WACC0.22
WACC9.63%
2.3 Liquidity
A Current Ratio of 3.24 indicates that PRLB has no problem at all paying its short term obligations.
PRLB has a better Current ratio (3.24) than 80.00% of its industry peers.
A Quick Ratio of 3.04 indicates that PRLB has no problem at all paying its short term obligations.
The Quick ratio of PRLB (3.04) is better than 87.69% of its industry peers.
| 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%.
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
PRLB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.49% yearly.
Based on estimates for the next years, PRLB will show a small growth in Revenue. The Revenue will grow by 5.30% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
A Price/Earnings ratio of 32.78 indicates a quite expensive valuation of PRLB.
Compared to the rest of the industry, the Price/Earnings ratio of PRLB indicates a slightly more expensive valuation: PRLB is more expensive than 63.85% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.38, PRLB is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 30.80, the valuation of PRLB can be described as expensive.
PRLB's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PRLB is more expensive than 64.62% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, PRLB is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.78 | ||
| Fwd PE | 30.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PRLB is valued a bit more expensive than the industry average as 63.08% of the companies are valued more cheaply.
73.08% of the companies in the same industry are more expensive than PRLB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.22 | ||
| EV/EBITDA | 19.47 |
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
PRLB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
52.12
-0.44 (-0.84%)
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 Cap1.23B
Revenue(TTM)518.38M
Net Income(TTM)14.84M
Analysts78.18
Price Target57.8 (10.9%)
Short Float %2.58%
Short Ratio3.11
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)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)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.78 | ||
| Fwd PE | 30.8 | ||
| P/S | 2.38 | ||
| P/FCF | 18.22 | ||
| P/OCF | 16.38 | ||
| P/B | 1.86 | ||
| P/tB | 3.32 | ||
| EV/EBITDA | 19.47 |
EPS(TTM)1.59
EY3.05%
EPS(NY)1.69
Fwd EY3.25%
FCF(TTM)2.86
FCFY5.49%
OCF(TTM)3.18
OCFY6.1%
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 | 9.58 |
F-Score6
WACC9.63%
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 32.78 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 -2.34% in the next year.