NYSE:PRLB

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Executive Summary

Proto Labs, Inc., together with its subsidiaries, operates as an e-commerce driven digital manufacturer of custom prototypes and on-demand production parts in the worldwide.


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

6.3%

PRLB

4.1%

US Machinery

1.9%

US Market


1 Year Return

38.3%

PRLB

13.3%

US Machinery

16.4%

US Market

Return vs Industry: PRLB exceeded the US Machinery industry which returned 11.7% over the past year.

Return vs Market: PRLB exceeded the US Market which returned 16.3% over the past year.


Shareholder returns

PRLBIndustryMarket
7 Day6.3%4.1%1.9%
30 Day16.0%10.6%4.5%
90 Day30.5%27.5%17.6%
1 Year38.3%38.3%15.5%13.3%18.9%16.4%
3 Year79.4%79.4%24.4%16.3%44.1%34.8%
5 Year74.1%74.1%69.1%48.8%75.3%56.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

59.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PRLB ($130.13) is trading above our estimate of fair value ($69.44)

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


Price To Earnings Ratio

PE vs Industry: PRLB is poor value based on its PE Ratio (59.5x) compared to the US Machinery industry average (26.5x).

PE vs Market: PRLB is poor value based on its PE Ratio (59.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: PRLB is poor value based on its PEG Ratio (35x)


Price to Book Ratio

PB vs Industry: PRLB is overvalued based on its PB Ratio (5.8x) compared to the US Machinery industry average (2.2x).


Next Steps

Future Growth

How is Proto Labs forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

1.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRLB's forecast earnings growth (1.7% per year) is below the savings rate (2.2%).

Earnings vs Market: PRLB's earnings (1.7% per year) are forecast to grow slower than the US market (23.1% per year).

High Growth Earnings: PRLB's earnings are forecast to grow, but not significantly.

Revenue vs Market: PRLB's revenue (7.2% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: PRLB's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRLB's Return on Equity is forecast to be low in 3 years time (11.8%).


Next Steps

Past Performance

How has Proto Labs performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRLB has high quality earnings.

Growing Profit Margin: PRLB's current net profit margins (13%) are lower than last year (15.7%).


Past Earnings Growth Analysis

Earnings Trend: PRLB's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: PRLB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PRLB had negative earnings growth (-18.5%) over the past year, making it difficult to compare to the Machinery industry average (-13.9%).


Return on Equity

High ROE: PRLB's Return on Equity (9.7%) is considered low.


Next Steps

Financial Health

How is Proto Labs's financial position?


Financial Position Analysis

Short Term Liabilities: PRLB's short term assets ($213.0M) exceed its short term liabilities ($51.1M).

Long Term Liabilities: PRLB's short term assets ($213.0M) exceed its long term liabilities ($46.1M).


Debt to Equity History and Analysis

Debt Level: PRLB is debt free.

Reducing Debt: PRLB currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: PRLB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PRLB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if PRLB'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 PRLB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

5.7yrs

Average management tenure


CEO

Vicki Holt (62 yo)

6.5yrs

Tenure

US$3,326,511

Compensation

Ms. Victoria M. Holt, also known as Vicki, has been the Chief Executive Officer and President of Proto Labs, Inc. since February 6, 2014. Ms. Holt serves as Chief Executive Officer and President of Proto L ...


CEO Compensation Analysis

Compensation vs Market: Vicki's total compensation ($USD3.33M) is below average for companies of similar size in the US market ($USD5.74M).

Compensation vs Earnings: Vicki's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Victoria Holt
President6.5yrsUS$3.33m0.12%
$ 4.1m
John Way
CFO & Executive VP of Development5.67yrsUS$1.37m0.061%
$ 2.1m
Arthur Baker
Chief Technology Officer4.25yrsUS$979.51k0.037%
$ 1.3m
Bjoern Klaas
VP, GM and MD of Europe2.67yrsUS$849.26k0.0053%
$ 185.2k
Dan Schumacher
Director of Investor Relations and FP&Ano datano datano data
William Dietrick
Vice President of Global Marketing12.25yrsno datano data
Renee Conklin
Vice President of Global Human Resources6.08yrsno datano data
Jason Frankman
Controller & Secretary5.33yrsno datano data

5.7yrs

Average Tenure

52yo

Average Age

Experienced Management: PRLB's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Victoria Holt
President6.5yrsUS$3.33m0.12%
$ 4.1m
Sven Wehrwein
Lead Independent Directorno dataUS$264.00k0.040%
$ 1.4m
Archie Black
Independent Chairman of the Board0.25yrUS$196.00k0.027%
$ 925.5k
Donald Krantz
Independent Director3.25yrsUS$190.00k0.021%
$ 721.8k
John Goodman
Independent Director19.58yrsUS$208.00k0.050%
$ 1.7m
Rainer Gawlick
Independent Director11.92yrsUS$213.00k0.086%
$ 3.0m
Moonhie Chin
Independent Director1yrUS$120.88k0.0037%
$ 128.9k
Sujeet Chand
Independent Director3.25yrsUS$200.00k0.021%
$ 721.8k

3.3yrs

Average Tenure

62yo

Average Age

Experienced Board: PRLB's board of directors are considered experienced (3.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: PRLB insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Proto Labs, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Proto Labs, Inc.
  • Ticker: PRLB
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$3.475b
  • Shares outstanding: 26.71m
  • Website: https://www.protolabs.com

Number of Employees


Location

  • Proto Labs, Inc.
  • 5540 Pioneer Creek Drive
  • Maple Plain
  • Minnesota
  • 55359
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRLBNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2012
PRZDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2012
0KRRLSE (London Stock Exchange)YesCommon StockGBUSDFeb 2012
PRLBWBAG (Wiener Boerse AG)YesCommon StockATEURFeb 2012

Biography

Proto Labs, Inc., together with its subsidiaries, operates as an e-commerce driven digital manufacturer of custom prototypes and on-demand production parts in the worldwide. The company offers injection mo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 00:23
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
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.