NasdaqCM:NNDM

Stock Analysis Report

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Executive Summary

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: NNDM is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 27% a week.

Volatility Over Time: NNDM's weekly volatility has decreased from 53% to 27% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

47.4%

NNDM

-0.3%

US Tech

2.8%

US Market


1 Year Return

151.2%

NNDM

67.5%

US Tech

20.7%

US Market

Return vs Industry: NNDM exceeded the US Tech industry which returned 67.5% over the past year.

Return vs Market: NNDM exceeded the US Market which returned 20.7% over the past year.


Shareholder returns

NNDMIndustryMarket
7 Day47.4%-0.3%2.8%
30 Day115.5%5.8%12.3%
90 Day286.4%-5.6%6.4%
1 Year151.2%151.2%69.2%67.5%23.4%20.7%
3 Year-83.4%-83.4%164.1%152.9%47.2%37.4%
5 Year-91.7%-91.7%289.5%251.9%94.1%72.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NNDM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NNDM's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NNDM is overvalued based on its PB Ratio (5.7x) compared to the US Tech industry average (2.2x).


Next Steps

Future Growth

How is Nano Dimension forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

69.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: NNDM's revenue (116.4% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: NNDM's revenue (116.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Nano Dimension performed over the past 5 years?

-18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NNDM is currently unprofitable.

Growing Profit Margin: NNDM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NNDM is unprofitable, and losses have increased over the past 5 years at a rate of 18% per year.

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

Earnings vs Industry: NNDM is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-18.8%).


Return on Equity

High ROE: NNDM has a negative Return on Equity (-61.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nano Dimension's financial position?


Financial Position Analysis

Short Term Liabilities: NNDM's short term assets ($42.6M) exceed its short term liabilities ($5.3M).

Long Term Liabilities: NNDM's short term assets ($42.6M) exceed its long term liabilities ($5.3M).


Debt to Equity History and Analysis

Debt Level: NNDM is debt free.

Reducing Debt: NNDM had no debt 5 years ago.


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: NNDM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: NNDM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 25.6% each year


Next Steps

Dividend

What is Nano Dimension current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate NNDM'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 NNDM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NNDM'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 NNDM'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?

1.1yrs

Average management tenure


CEO

Yoav Stern (65 yo)

0.83

Tenure

Mr. Yoav Stern has been the Chief Executive Officer and President of Nano Dimension Ltd. since January 02, 2020 & was its Director. Mr. Stern has been the Chief Executive Officer and President of DVTel, In...


Leadership Team

NamePositionTenureCompensationOwnership
Yoav Stern
President & CEO0.83yrno datano data
Amit Dror
Co-Founder6.25yrsUS$235.00kno data
Yael Sandler
Chief Financial Officer5.42yrsUS$218.00kno data
Jaim Nulman
CTO & Executive VP of Products2.5yrsUS$309.00kno data
Dan Abraham
Vice President of Operationsno datano datano data
Ziki Peled
COO & Chief Revenue Officer0.50yrno datano data
Gilad Reshef
Vice President of Sales1.33yrsno datano data
Valentin Storz
GM of EMEA and VP of Marketing0.50yrno datano data
Joseph Kaplun
CTO – Materials and VP of R&D and Product Development0.17yrno datano data

1.1yrs

Average Tenure

64yo

Average Age

Experienced Management: NNDM's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Amit Dror
Co-Founder6.25yrsUS$235.00kno data
Yaron Eitan
Independent Director0.75yrno datano data
Ofir Baharav
Independent Chairman of the Board0.92yrno datano data
J. Moran
Independent Director0.75yrno datano data
Simon Anthony-Fried
Director6.25yrsUS$285.00kno data
Ron Kleinfeld
Independent Director8yrsno datano data
Shlomo Magdassi
Advisory Board Memberno datano datano data
Nira Poran
Independent Director0.75yrno datano data

0.9yrs

Average Tenure

60yo

Average Age

Experienced Board: NNDM's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 2245.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Nano Dimension Ltd.
  • Ticker: NNDM
  • Exchange: NasdaqCM
  • Founded: 2012
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$551.380m
  • Shares outstanding: 96.23m
  • Website: https://www.nano-di.com

Number of Employees


Location

  • Nano Dimension Ltd.
  • Ness-Ziona Science Park
  • 2 Ilan Ramon Street
  • Ness Ziona
  • 7403635
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NNDMNasdaqCM (Nasdaq Capital Market)YesSPONSORD ADS NEWUSUSDJul 2015
2N5BDB (Deutsche Boerse AG)YesSPONSORD ADS NEWDEEURJul 2015

Biography

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. Its flagship product is the proprietary DragonFly lights-out digital manufacturing system, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 00:25
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
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.