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PRLB

Proto LabsNYSE:PRLB Stock Report

Last Price

US$49.35

Market Cap

US$1.4b

7D

-1.9%

1Y

-74.4%

Updated

21 Jan, 2022

Data

Company Financials +
PRLB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PRLB Stock Overview

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.

Proto Labs Competitors

Desktop Metal

NYSE:DM

US$1.1b

ExOne

NasdaqGS:XONE

US$588.3m

voxeljet

NasdaqCM:VJET

US$40.9m

3D Systems

NYSE:DDD

US$2.2b

Price History & Performance

Summary of all time highs, changes and price drops for Proto Labs
Historical stock prices
Current Share PriceUS$49.35
52 Week HighUS$286.57
52 Week LowUS$47.57
Beta1.49
1 Month Change-5.15%
3 Month Change-30.94%
1 Year Change-74.42%
3 Year Change-59.01%
5 Year Change-5.46%
Change since IPO70.17%

Recent News & Updates

Nov 28
Returns On Capital At Proto Labs (NYSE:PRLB) Paint A Concerning Picture

Returns On Capital At Proto Labs (NYSE:PRLB) Paint A Concerning Picture

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Nov 10
Is There Now An Opportunity In Proto Labs, Inc. (NYSE:PRLB)?

Is There Now An Opportunity In Proto Labs, Inc. (NYSE:PRLB)?

While Proto Labs, Inc. ( NYSE:PRLB ) might not be the most widely known stock at the moment, it received a lot of...

Nov 04

Proto Labs: A Play On Additive Manufacturing

Proto Labs has successfully transformed itself into an integrated provider of manufacturing solutions centered around injection molding and 3D printing. The company has experienced some pain as of late, including pain that began prior to the pandemic. Even so, the company is on solid footing fundamentally and while 2021 will likely be tough, the future for the business is bright. Stock appears to be more or less fairly valued, all things considered at this time.

Shareholder Returns

PRLBUS MachineryUS Market
7D-1.9%-5.1%-6.1%
1Y-74.4%4.6%4.2%

Return vs Industry: PRLB underperformed the US Machinery industry which returned 5.6% over the past year.

Return vs Market: PRLB underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is PRLB's price volatile compared to industry and market?
PRLB volatility
PRLB Average Weekly Movement9.1%
Machinery Industry Average Movement5.0%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

Stable Share Price: PRLB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PRLB's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,408Rob Bodorhttps://www.protolabs.com

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 molding; computer numerical control machining; three-dimensional (3D) printing, which include stereolithography, selective laser sintering, direct metal laser sintering, multi jet fusion, polyjet, and carbon DLS processes; and sheet metal fabrication products, including quick-turn and e-commerce-enabled custom sheet metal parts. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end markets.

Proto Labs Fundamentals Summary

How do Proto Labs's earnings and revenue compare to its market cap?
PRLB fundamental statistics
Market CapUS$1.36b
Earnings (TTM)US$31.04m
Revenue (TTM)US$469.72m

43.9x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRLB income statement (TTM)
RevenueUS$469.72m
Cost of RevenueUS$249.82m
Gross ProfitUS$219.91m
ExpensesUS$188.87m
EarningsUS$31.04m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 11, 2022

Earnings per share (EPS)1.13
Gross Margin46.82%
Net Profit Margin6.61%
Debt/Equity Ratio0%

How did PRLB perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRLB ($49.35) is trading below our estimate of fair value ($134.56)

Significantly Below Fair Value: PRLB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PRLB is poor value based on its PE Ratio (43.9x) compared to the US Machinery industry average (27.8x).

PE vs Market: PRLB is poor value based on its PE Ratio (43.9x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: PRLB is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: PRLB is good value based on its PB Ratio (1.7x) compared to the US Machinery industry average (2.7x).


Future Growth

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

24.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRLB's forecast earnings growth (24.9% per year) is above the savings rate (2%).

Earnings vs Market: PRLB's earnings (24.9% per year) are forecast to grow faster than the US market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRLB's revenue (9.3% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: PRLB's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PRLB's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Proto Labs performed over the past 5 years?

-0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRLB has a large one-off gain of $8.1M impacting its September 30 2021 financial results.

Growing Profit Margin: PRLB's current net profit margins (6.6%) are lower than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: PRLB's earnings have declined by 0.5% 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 (-45%) over the past year, making it difficult to compare to the Machinery industry average (34.4%).


Return on Equity

High ROE: PRLB's Return on Equity (3.8%) is considered low.


Financial Health

How is Proto Labs's financial position?


Financial Position Analysis

Short Term Liabilities: PRLB's short term assets ($172.1M) exceed its short term liabilities ($56.1M).

Long Term Liabilities: PRLB's short term assets ($172.1M) exceed its long term liabilities ($49.6M).


Debt to Equity History and Analysis

Debt Level: PRLB is debt free.

Reducing Debt: PRLB had no debt 5 years ago.

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


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?

0.8yrs

Average management tenure


CEO

Rob Bodor (48 yo)

0.83

Tenure

US$1,003,516

Compensation

Dr. Robert Bodor, also known as Rob, is a Co-Founder at Inveni, LLC and serves as its Chief Technical Officer. Dr. Bodor has been President and Chief Executive Officer and Director of Proto Labs, Inc. sinc...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD1.00M) is below average for companies of similar size in the US market ($USD3.73M).

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


Leadership Team

Experienced Management: PRLB's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PRLB's board of directors are considered experienced (4.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: PRLB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.


Top Shareholders

Company Information

Proto Labs, Inc.'s 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
  • Implied Market Cap: US$1.362b
  • Shares outstanding: 27.59m
  • Website: https://www.protolabs.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:43
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.