Proto Labs Stock Fair Value Calculator – PROTO LABS Reports Q2 FY2023 Revenue of USD 122.3 Million, Down 3.7% Year-on-Year
August 13, 2023
🌥️Earnings Overview
PROTO LABS ($NYSE:PRLB) reported their earnings results for the second quarter of FY2023 on June 30 2023, with total revenue of USD 122.3 million, a 3.7% decline from the second quarter of FY2022. Net income was reported at USD -0.38 million compared to a net income of 2.56 million in FY2022.
Analysis – Proto Labs Stock Fair Value Calculator
GoodWhale has conducted an analysis of PROTO LABS‘s financials and identified an intrinsic value of around $67.4 per share. This calculation was made with our proprietary Valuation Line which evaluates and quantifies characteristics of the company. Currently, the stock is traded at $30.6, indicating a 54.6% undervaluation of the company. This discrepancy presents a potential buying opportunity for investors. For those interested in investing, GoodWhale recommends to investigate PROTO LABS further and make an educated decision. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Proto Labs. More…
| Total Revenues | Net Income | Net Margin |
| 485.45 | -108.84 | -7.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Proto Labs. More…
| Operations | Investing | Financing |
| 62.91 | 1.24 | -52.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Proto Labs. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 777.21 | 94.53 | 26.05 |
Key Ratios Snapshot
Some of the financial key ratios for Proto Labs are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.5% | -36.8% | 3.7% |
| FCF Margin | ROE | ROA |
| 8.3% | 1.7% | 1.5% |
Peers
Its primary competitors are J Pond Precision Technology Co Ltd, Dongguan Chitwing Technology Co Ltd, and Lucky Harvest Co Ltd. All of these companies offer machining services that create parts from 3D computer-aided design, or “CAD” files.
– J Pond Precision Technology Co Ltd ($SZSE:301326)
Pond Precision Technology Co Ltd is a market leading manufacturer of high precision engineering products and solutions. The company has a strong reputation for quality and innovation, and is widely respected within the industry. Pond Precision Technology Co Ltd has a market cap of 3.01B as of 2022, a Return on Equity of 6.21%. The company’s products are used in a wide range of industries, including aerospace, automotive, medical, and electronics. Pond Precision Technology Co Ltd is headquartered in Shenzhen, China.
– Dongguan Chitwing Technology Co Ltd ($SZSE:002855)
Dongguan Chitwing Technology Co Ltd is a Chinese company that manufactures and sells electronic cigarettes and other vaping products. The company has a market cap of 2.24 billion as of 2022 and a return on equity of -16.31%. Dongguan Chitwing Technology Co Ltd is a publicly traded company on the Shenzhen Stock Exchange.
– Lucky Harvest Co Ltd ($SZSE:002965)
Lucky Harvest Co Ltd is a publicly traded company with a market capitalization of 9.54 billion as of 2022. The company has a return on equity of 6.74%. Lucky Harvest Co Ltd is engaged in the business of agriculture and food production. The company operates in China, Hong Kong, and Taiwan.
Summary
PROTO LABS reported their earnings results for the second quarter of FY2023, with a 3.7% decrease in total revenue from the same period in the previous year and a net income of -0.38 million, compared to the prior year’s 2.56 million. As a result, investor sentiment in PROTO LABS was largely negative, with the stock price dropping on the same day. In light of these results, investors should consider their risk appetite when investing in PROTO LABS and conduct further research into any potential investment opportunities. Long-term investors may still find value in the company given its history of strong performance and potential for growth.
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