NYSE:DDD

Stock Analysis Report

Executive Summary

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide.

Snowflake

Fundamentals

Excellent balance sheet and slightly overvalued.

Risks

  • 3D Systems has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has 3D Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

NYSE:DDD

-1.8%

US Tech

-1.6%

US Market


1 Year Return

-67.2%

NYSE:DDD

-7.6%

US Tech

-3.0%

US Market

DDD underperformed the Tech industry which returned -7.6% over the past year.

DDD underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

DDDIndustryMarket
7 Day0.3%-1.8%-1.6%
30 Day-21.7%-2.9%-5.7%
90 Day-18.2%11.6%0.2%
1 Year-67.2%-67.2%-6.0%-7.6%-0.8%-3.0%
3 Year-57.3%-57.3%87.9%72.9%38.1%29.1%
5 Year-87.2%-87.2%91.8%72.3%50.8%34.1%

Price Volatility Vs. Market

How volatile is 3D Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 3D Systems undervalued based on future cash flows and its price relative to the stock market?

35%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

3D Systems's share price is below the future cash flow value, and at a moderate discount (> 20%).

3D Systems's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

3D Systems is loss making, we can't compare its value to the US Tech industry average.

3D Systems is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for 3D Systems, we can't assess if its growth is good value.


Price Based on Value of Assets

3D Systems is good value based on assets compared to the US Tech industry average.


Next Steps

Future Growth

How is 3D Systems expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

58.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

3D Systems's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).

3D Systems is not considered high growth as it is expected to be loss making for the next 1-3 years.

3D Systems's revenue growth is positive but not above the United States of America market average.

Unable to compare 3D Systems's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare 3D Systems's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

3D Systems is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has 3D Systems performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

3D Systems does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare 3D Systems's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare 3D Systems's 1-year growth to the US Tech industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if 3D Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if 3D Systems has efficiently used its assets last year compared to the US Tech industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if 3D Systems improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is 3D Systems's financial position?


Financial Position Analysis

3D Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

3D Systems's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

3D Systems's level of debt (14.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0.9% vs 14.8% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.4x debt.


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.

3D Systems has sufficient cash runway for more than 3 years based on current free cash flow.

3D Systems has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 104.5% each year.


Next Steps

Dividend

What is 3D Systems's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate 3D Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate 3D Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as 3D Systems has not reported any payouts.

Unable to verify if 3D Systems's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as 3D Systems has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of 3D Systems's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of 3D Systems's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

VJ Joshi (65yo)

3.3yrs

Tenure

US$2,122,615

Compensation

Mr. Vyomesh I. Joshi, also known as VJ, has been the Chief Executive Officer and President of 3D Systems Corporation since April 01, 2016. Mr. Joshi serves as an Advisor at Convergence Ventures. Mr. Joshi  ...


CEO Compensation Analysis

VJ's remuneration is about average for companies of similar size in United States of America.

VJ's compensation has increased whilst company is loss making.


Management Age and Tenure

4.8yrs

Average Tenure

59yo

Average Age

The tenure for the 3D Systems management team is about average.


Board Age and Tenure

4.5yrs

Average Tenure

65.5yo

Average Age

The tenure for the 3D Systems board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$245,94230 Jul 19
Vyomesh Joshi
EntityIndividual
Role
Chief Executive Officer
President
Shares29,920
Max PriceUS$8.22

Ownership Breakdown


Management Team

  • Kevin McAlea (60yo)

    Executive VP and GM of Metals & Healthcare

    • Tenure: 16.3yrs
    • Compensation: US$757.84k
  • Chuck Hull (79yo)

    Co-Founder

    • Tenure: 26.6yrs
    • Compensation: US$638.42k
  • VJ Joshi (65yo)

    President

    • Tenure: 3.3yrs
    • Compensation: US$2.12m
  • John McMullen (61yo)

    Executive VP & CFO

    • Tenure: 3.1yrs
    • Compensation: US$868.73k
  • Hugh Evans (53yo)

    Vice President of Corporate Development & Ventures

    • Tenure: 0.0yrs
  • Andy Johnson (44yo)

    • Tenure: 4.8yrs
    • Compensation: US$701.45k
  • Stacey Witten

    Vice President of Finance

    • Tenure: 9.2yrs
  • Will.I.Am Adams

    Chief Creative Officer

    • Tenure: 0.0yrs
  • Herbert Koeck (58yo)

    Executive Vice President of Global Go To Market

    • Tenure: 0.0yrs
  • Phil Schultz (56yo)

    Executive Vice President of Operations

    • Tenure: 0.7yrs

Board Members

  • Jim Kever (66yo)

    Director

    • Tenure: 23.6yrs
    • Compensation: US$186.50k
  • Chuck Hull (79yo)

    Co-Founder

    • Tenure: 26.6yrs
    • Compensation: US$638.42k
  • Tom Erickson (68yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$288.00k
  • Kevin Moore (64yo)

    Director

    • Tenure: 19.8yrs
    • Compensation: US$226.46k
  • Chip McClure (65yo)

    Chairman of the Board

    • Tenure: 0.8yrs
    • Compensation: US$257.59k
  • VJ Joshi (65yo)

    President

    • Tenure: 3.3yrs
    • Compensation: US$2.12m
  • Bill Curran (70yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$225.73k
  • Bill Humes (55yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$202.96k
  • Jeff Wadsworth (69yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$190.90k
  • John Tracy (65yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$200.05k

Company Information

3D Systems Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 3D Systems Corporation
  • Ticker: DDD
  • Exchange: NYSE
  • Founded: 1986
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$809.343m
  • Shares outstanding: 118.15m
  • Website: https://www.3dsystems.com

Number of Employees


Location

  • 3D Systems Corporation
  • 333 Three D Systems Circle
  • Rock Hill
  • South Carolina
  • 29730
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DDDNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 1988
DDD *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNMar 1988
SYVDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1988
DDDSWX (SIX Swiss Exchange)YesCommon StockCHCHFMar 1988
0QYHLSE (London Stock Exchange)YesCommon StockGBUSDMar 1988
DDDWBAG (Wiener Boerse AG)YesCommon StockATEURMar 1988

Biography

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sinter ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:43
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.