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%)
Overall PRLB gets a fundamental rating of 4 out of 10. We evaluated PRLB against 130 industry peers in the Machinery industry. PRLB has a great financial health rating, but its profitability evaluates not so good. PRLB is quite expensive at the moment. 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
Looking at the Return On Assets, with a value of 1.96%, PRLB is in line with its industry, outperforming 40.77% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.23%, PRLB is doing worse than 63.08% of the companies in the same industry.
PRLB's Return On Invested Capital of 2.11% is on the low side compared to the rest of the industry. PRLB is outperformed by 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 10.46%.
| 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.
PRLB has a Operating Margin of 4.35%. This is in the lower half of the industry: PRLB underperforms 63.85% of its industry peers.
PRLB's Operating Margin has declined in the last couple of years.
PRLB has a Gross Margin of 44.12%. This is amongst the best in the industry. PRLB outperforms 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
PRLB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
An Altman-Z score of 9.50 indicates that PRLB is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.50, PRLB belongs to the top of the industry, outperforming 92.31% 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 | 9.5 |
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.
The Current ratio of PRLB (3.24) is better 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.
PRLB has a Quick ratio of 3.04. This is amongst the best in 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
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.
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.
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.
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
A Price/Earnings ratio of 32.75 indicates a quite expensive valuation of PRLB.
63.85% of the companies in the same industry are cheaper than PRLB, based on the Price/Earnings ratio.
PRLB's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.49.
With a Price/Forward Earnings ratio of 30.78, PRLB can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, PRLB is valued a bit more expensive than the industry average as 63.85% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of PRLB to the average of the S&P500 Index (23.69), we can say PRLB is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.75 | ||
| Fwd PE | 30.78 |
4.2 Price Multiples
60.00% of the companies in the same industry are cheaper than PRLB, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRLB indicates a somewhat cheap valuation: PRLB is cheaper than 71.54% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.21 | ||
| EV/EBITDA | 19.27 |
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 |
52.08
+0.4 (+0.77%)
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 (10.98%)
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)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 | 32.75 | ||
| Fwd PE | 30.78 | ||
| P/S | 2.38 | ||
| P/FCF | 18.21 | ||
| P/OCF | 16.37 | ||
| P/B | 1.86 | ||
| P/tB | 3.32 | ||
| EV/EBITDA | 19.27 |
EPS(TTM)1.59
EY3.05%
EPS(NY)1.69
Fwd EY3.25%
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 | 9.5 |
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 32.75 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 -2.34% in the next year.