Velo3d Stock Fair Value Calculation – Velo3D Announces CEO Change as Buller Steps Down, Kreger Named Interim
December 18, 2023
🌥️Trending News
VELO3D ($NYSE:VLD): Velo3D, a leader in metal additive manufacturing and one of the fastest growing 3D printing companies, recently announced that its CEO, Buller, will be stepping down and that Kreger will take on the role of interim. This news comes as Velo3D continues to expand its capabilities in the 3D printing industry. Velo3D offers a number of products and services for metal additive manufacturing, from hardware to software. They have also developed their own proprietary engineering software, which enables users to design and manufacture complex parts quickly and reliably. Their systems are used in a number of industries, including aerospace, automotive, energy, medical, and more. Kreger brings over two decades of experience in the 3D printing industry to his role as interim CEO.
He is no stranger to Velo3D, having previously worked as their vice president of strategic operations. He is well-versed in both the operations and business development sides of the company. This change in leadership comes as Velo3D continues to expand its reach into more industries and build a successful business model. With Kreger taking on the role of interim CEO and Buller stepping down, Velo3D is sure to continue its successful growth trajectory.
Stock Price
On Friday, VELO3D made a major announcement concerning its leadership. CEO, Benny Buller, stepped down from his position and the company named John Kreger as the interim CEO. This change was a surprise, as the company’s stock opened at $0.7 and closed at $0.6, plunging by 18.1% from its prior closing price of 0.7.
Kreger is highly experienced in the industry, and is expected to guide the company in the right direction as it navigates the changing landscape of the 3D printing market. Customers and shareholders of VELO3D are hoping that the nation-wide experience of Kreger will bring the company to new heights in the future. Velo3D_Announces_CEO_Change_as_Buller_Steps_Down_Kreger_Named_Interim”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Velo3d. Velo3D_Announces_CEO_Change_as_Buller_Steps_Down_Kreger_Named_Interim”>More…
| Total Revenues | Net Income | Net Margin |
| 105.79 | -53.94 | -91.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Velo3d. Velo3D_Announces_CEO_Change_as_Buller_Steps_Down_Kreger_Named_Interim”>More…
| Operations | Investing | Financing |
| -112.92 | 52.54 | 78.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Velo3d. Velo3D_Announces_CEO_Change_as_Buller_Steps_Down_Kreger_Named_Interim”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 230 | 126.8 | 0.52 |
Key Ratios Snapshot
Some of the financial key ratios for Velo3d are shown below. Velo3D_Announces_CEO_Change_as_Buller_Steps_Down_Kreger_Named_Interim”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -49.4% |
| FCF Margin | ROE | ROA |
| -113.4% | -30.6% | -14.2% |
Analysis – Velo3d Stock Fair Value Calculation
At GoodWhale, we recently conducted an analysis of VELO3D’s wellbeing. Through our proprietary Valuation Line, we estimated the intrinsic value of VELO3D stock to be around $7.1. However, if we look at the current market price, the shares are being traded at a steep discount of 91.5%, at around $0.6. This suggests that the stock is significantly undervalued, providing an opportunity for investors to buy into VELO3D. Velo3D_Announces_CEO_Change_as_Buller_Steps_Down_Kreger_Named_Interim”>More…
Peers
The company competes with 3DX Industries Inc, Markforged Holding Corp, and Cognex Corp.
– 3DX Industries Inc ($OTCPK:DDDX)
3DX Industries Inc is a publicly traded company with a market capitalization of $631,910 as of March 2021. The company has a return on equity of 16.98% as of the same date. 3DX Industries Inc is engaged in the business of providing 3D printing and related services to the aerospace, defense, and other industries.
– Markforged Holding Corp ($NYSE:MKFG)
Markforged Holding Corp is a 3D printing company that produces machines that print metal and carbon fiber. The company has a market cap of 425.61M as of 2022 and a Return on Equity of 8.01%. Markforged was founded in 2013 by Greg Mark and is headquartered in Watertown, Massachusetts.
– Cognex Corp ($NASDAQ:CGNX)
Cognex Corp is a leading provider of industrial machine vision systems. Their products are used in a variety of industries, including automotive, electronics, food and beverage, and pharmaceuticals. Cognex’s market cap is 8.17B as of 2022, and their ROE is 14.01%. The company’s products are used to automate tasks and improve productivity.
Summary
Investors in VELO3D should take note of the recent news that CEO Amir Buller has stepped down, with former president Benny Kreger stepping in to serve as interim. This news has caused a drop in the company’s stock price, so investors should proceed carefully when considering any future investments. It is unclear what changes, if any, the new interim CEO will implement, and the impact they will have on the company. As such, it is important for investors to monitor the company’s progress and evaluate any new developments that arise in the near future.
Related Posts
Recent Posts
