DB:SCY

Stock Analysis Report

Executive Summary

Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises.


Snowflake Analysis

Excellent balance sheet and overvalued.


Similar Companies

Share Price & News

How has Stratasys's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SCY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.5%

SCY

14.1%

DE Tech

9.1%

DE Market


1 Year Return

-31.7%

SCY

50.5%

DE Tech

-13.1%

DE Market

Return vs Industry: SCY underperformed the German Tech industry which returned 55.8% over the past year.

Return vs Market: SCY underperformed the German Market which returned -16.6% over the past year.


Shareholder returns

SCYIndustryMarket
7 Day13.5%14.1%9.1%
30 Day18.6%21.8%-1.0%
90 Day-19.5%0.1%-20.7%
1 Year-31.7%-31.7%51.1%50.5%-10.6%-13.1%
3 Year-25.5%-25.5%61.1%58.7%-10.7%-18.1%
5 Year-73.7%-73.7%68.9%49.0%-10.7%-22.8%

Price Volatility Vs. Market

How volatile is Stratasys's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Stratasys undervalued compared to its fair value and its price relative to the market?

0.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SCY (€13.61) is trading above our estimate of fair value (€0.33)

Significantly Below Fair Value: SCY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SCY is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: SCY is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SCY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SCY is good value based on its PB Ratio (0.7x) compared to the XE Tech industry average (1.3x).


Next Steps

Future Growth

How is Stratasys forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

-16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SCY is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SCY is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SCY is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SCY's revenue (4.7% per year) is forecast to grow faster than the German market (3.9% per year).

High Growth Revenue: SCY's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SCY's Return on Equity is forecast to be low in 3 years time (3%).


Next Steps

Past Performance

How has Stratasys performed over the past 5 years?

58.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCY is currently unprofitable.

Growing Profit Margin: SCY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SCY is unprofitable, but has reduced losses over the past 5 years at a rate of 58.8% per year.

Accelerating Growth: Unable to compare SCY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SCY is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (3%).


Return on Equity

High ROE: SCY has a negative Return on Equity (-0.96%), as it is currently unprofitable.


Next Steps

Financial Health

How is Stratasys's financial position?


Financial Position Analysis

Short Term Liabilities: SCY's short term assets ($659.1M) exceed its short term liabilities ($159.9M).

Long Term Liabilities: SCY's short term assets ($659.1M) exceed its long term liabilities ($63.8M).


Debt to Equity History and Analysis

Debt Level: SCY is debt free.

Reducing Debt: SCY has no debt compared to 5 years ago when its debt to equity ratio was 2%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SCY has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SCY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Stratasys's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SCY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SCY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SCY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SCY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SCY's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Yoav Zeif (53yo)

0.17

Tenure

Mr. Yoav Zeif serves as the Chief Executive Officer of Stratasys Ltd. since February 18, 2020. He serves as a Head of Product Offering & Marketing and Head of the Americas at Netafim Ltd. Mr. Zeif served a ...


Leadership Team

NamePositionTenureCompensationOwnership
David Reis
Vice Chairman of the Board2.83yrsUS$323.70k0.080% $662.7k
S. Crump
Co-Founder32.25yrsUS$262.85k0.69% $5.7m
Lilach Payorski
Chief Financial Officer3.25yrsUS$1.05mno data
Shuli Ishai
Executive Vice President of Global Human Resources3.75yrsUS$1.12mno data
Andy Midelton
Executive VP of Corporate & Business Developmentno dataUS$1.60mno data
Richard Garrity
President of Americas3.67yrsUS$1.27mno data
Nadav Goshen
Chief Executive Officer of MakerBot3.25yrsUS$1.23mno data
Yoav Zeif
Chief Executive Officer0.17yrno datano data
Amir Kleiner
Vice President of Global Operations4.25yrsno datano data
Jon Stevenson
Chief Technology Officerno dataUS$1.23mno data

3.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SCY's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Reis
Vice Chairman of the Board2.83yrsUS$323.70k0.080% $662.7k
S. Crump
Co-Founder32.25yrsUS$262.85k0.69% $5.7m
Victor Leventhal
Independent Director7.33yrsUS$50.00k0.0055% $45.5k
Yair Seroussi
Independent Director2.75yrsUS$50.00kno data
Dov Ofer
Director2.75yrsUS$50.00kno data
Adina Shorr
Independent Director1.75yrsUS$50.00k0.061% $507.8k
John McEleney
Independent Director7.33yrsUS$50.00kno data
Elchanan Jaglom
Chairman of the Board5.17yrsUS$420.00k0.86% $7.1m
Ziva Patir
Independent Director6.83yrsUS$50.00kno data

5.2yrs

Average Tenure

65yo

Average Age

Experienced Board: SCY's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Stratasys Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Stratasys Ltd.
  • Ticker: SCY
  • Exchange: DB
  • Founded: 1989
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$903.168m
  • Listing Market Cap: US$825.948m
  • Shares outstanding: 54.44m
  • Website: https://www.stratasys.com

Number of Employees


Location

  • Stratasys Ltd.
  • 7665 Commerce Way
  • Eden Prairie
  • Minnesota
  • 55344
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SSYSNasdaqGS (Nasdaq Global Select)YesOrdinary SharesUSUSDOct 1994
SCYDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1994
SSYS NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNOct 1994

Biography

Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content. The company offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing. It also provides 3D printing consumable materials, including FDM cartridge-based materials, PolyJet cartridge-based materials, non-color digital materials, and color variations. In addition, the company offers GrabCAD Print software that provides job programming, scheduling, monitoring, and analytics across various 3D printing technologies; and GrabCAD Workbench, a cloud-based project data management solution. Further, it operates Thingiverse, an online community for sharing downloadable digital 3D designs; and GrabCAD Community for mechanical engineers, designers, manufacturers, and students to best practices through tutorials, discussion forums, and design/print challenges. Additionally, the company offers customer support, basic warranty, and extended support programs, as well as strategy, operations, and engineering consultancy services; leases or rents 3D printers and 3D production systems; produces prototypes and end-use parts for customers from a customer-provided CAD file; and offers plastic and metal parts for rapid prototyping and production processes, as well as related professional services, carbon-fiber based printers, and elastomeric materials. Its products and services are primarily used in the automotive, aerospace, medical, dental, education, and consumer goods markets. The company sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. was founded in 1989 and is headquartered in Eden Prairie, Minnesota. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 23:10
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.