Proto Labs Financials

PRLB Stock  USD 35.75  0.37  1.05%   
Based on the key indicators related to Proto Labs' liquidity, profitability, solvency, and operating efficiency, Proto Labs is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, Proto Labs' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 7.4 M, whereas Total Assets are forecasted to decline to about 489.6 M. Key indicators impacting Proto Labs' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income26.8 M28.2 M
Notably Down
Slightly volatile
Current Ratio4.984.039
Fairly Up
Pretty Stable
The financial analysis of Proto Labs is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Proto Labs includes many different criteria found on its balance sheet. For example, investors should never minimize Proto Labs' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Proto Labs' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Proto Labs.

Net Income

22.04 Million

With this module, you can analyze Proto financials for your investing period. You should be able to track the changes in Proto Labs individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Proto Labs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Proto Labs' financial statements are interrelated, with each one affecting the others. For example, an increase in Proto Labs' assets may result in an increase in income on the income statement.
Evaluating Proto Labs' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Proto Labs' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Proto Labs' relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Proto Labs has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Proto Labs stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Proto Labs' odds of distress score SHOULD NOT be confused with the real chance of Proto Labs filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Proto is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Proto Labs' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Proto Labs' official financial statements usually reflect Proto Labs' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Proto Labs. For example, before you start analyzing numbers published by Proto accountants, it's critical to develop an understanding of what Proto Labs' liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Proto Labs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Proto Labs' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Proto Labs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Proto Labs. Please utilize our Beneish M Score to check the likelihood of Proto Labs' management manipulating its earnings.

Proto Labs Company Summary

Proto Labs competes with Ampco Pittsburgh, Tredegar, CompoSecure, ESAB Corp, and Northwest Pipe. 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 was incorporated in 1999 and is headquartered in Maple Plain, Minnesota. Proto Labs operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 2663 people.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001443669
ISINUS7437131094
CUSIP743713109
RegionNorth America
LocationMinnesota; U.S.A
Business Address5540 Pioneer Creek
SectorMachinery
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.protolabs.com
Phone763 479 3680
CurrencyUSD - US Dollar
You should never invest in Proto Labs without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Proto Stock, because this is throwing your money away. Analyzing the key information contained in Proto Labs' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Proto Labs Key Financial Ratios

Generally speaking, Proto Labs' financial ratios allow both analysts and investors to convert raw data from Proto Labs' financial statements into concise, actionable information that can be used to evaluate the performance of Proto Labs over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Proto Labs reports annually and quarterly.

Proto Labs Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets673.7M744.2M928.6M802.2M795.6M489.6M
Other Current Liab27.4M28.2M25.7M35.1M32.2M20.0M
Net Debt(113.3M)(114.3M)(58.5M)(35.2M)(78.3M)(82.2M)
Retained Earnings324.7M362.9M376.7M258.2M256.4M178.4M
Accounts Payable16.8M18.2M25.4M17.4M15.6M13.2M
Cash125.2M127.6M65.9M56.6M83.8M61.4M
Net Receivables57.5M58.4M81.4M80.3M75.1M46.2M
Inventory10.1M10.9M13.2M13.6M13.7M9.1M
Other Current Assets8.2M11.0M11.5M12.6M9.1M7.7M
Total Liab87.9M99.8M100.1M104.5M100.3M67.0M
Total Current Assets236.4M242.0M183.5M186.6M200.7M153.4M
Other Liab31.7M40.1M41.6M30.7M35.3M37.1M
Net Tangible Assets585.8M515.6M389.9M392.4M451.3M401.7M
Other Assets3.0M53.9M4.3M4.8M5.5M7.4M
Capital Surpluse268.1M284.8M468.5M473.7M544.8M299.4M

Proto Labs Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Proto Labs' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.3M3.1M158K124.8M1.1M1.0M
Total Revenue458.7M434.4M488.1M488.4M503.9M325.0M
Gross Profit235.3M217.8M222.7M215.5M222.0M168.5M
Operating Income79.9M59.8M40.3M151.9M28.2M26.8M
Ebit79.9M59.8M40.3M151.9M28.2M26.8M
Research Development32.7M36.9M44.2M38.2M40.1M24.6M
Ebitda110.7M92.4M80.8M191.3M28.2M26.8M
Cost Of Revenue223.4M216.6M265.4M272.9M281.9M156.5M
Income Before Tax81.2M62.9M40.2M(97.9M)28.0M32.5M
Net Income63.7M50.9M33.4M(103.5M)17.2M22.0M
Income Tax Expense17.5M12.1M6.8M5.6M10.7M14.4M
Tax Provision17.5M12.1M6.8M5.6M6.1M11.4M

Proto Labs Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Proto Labs. It measures of how well Proto is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Proto Labs brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Proto had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Proto Labs has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory60K(662K)(2.4M)(310K)112K117.6K
Change In Cash40.2M2.4M(61.7M)(9.4M)27.2M28.6M
Free Cash Flow53.8M60.0M21.0M40.4M44.2M31.2M
Depreciation30.9M32.6M40.5M39.4M37.5M21.5M
Other Non Cash Items396K79K(12.4M)119.7M4.6M6.5M
Capital Expenditures62.2M47.0M34.2M21.7M29.1M36.9M
Net Income63.7M50.9M33.4M(103.5M)17.2M22.0M
End Period Cash Flow125.2M127.6M65.9M56.6M83.8M61.4M
Change To Netincome17.3M21.9M7.0M127.7M146.9M154.2M
Investments17.9M(48.5M)67.0M(43.1M)10.1M10.7M
Change Receivables1.8M(91K)(20.1M)1.6M1.5M1.5M

Proto Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Proto Labs's current stock value. Our valuation model uses many indicators to compare Proto Labs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Proto Labs competition to find correlations between indicators driving Proto Labs's intrinsic value. More Info.
Proto Labs is considered to be number one stock in price to sales category among related companies. It is rated below average in total debt category among related companies making up about  3,004,932  of Total Debt per Price To Sales. The current year's Total Debt To Capitalization is expected to grow to 0.01. Comparative valuation analysis is a catch-all model that can be used if you cannot value Proto Labs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Proto Labs' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Proto Labs' earnings, one of the primary drivers of an investment's value.

Proto Labs Systematic Risk

Proto Labs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Proto Labs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Proto Labs correlated with the market. If Beta is less than 0 Proto Labs generally moves in the opposite direction as compared to the market. If Proto Labs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Proto Labs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Proto Labs is generally in the same direction as the market. If Beta > 1 Proto Labs moves generally in the same direction as, but more than the movement of the benchmark.

About Proto Labs Financials

What exactly are Proto Labs Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Proto Labs' income statement, its balance sheet, and the statement of cash flows. Potential Proto Labs investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Proto Labs investors may use each financial statement separately, they are all related. The changes in Proto Labs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Proto Labs's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Proto Labs Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Proto Labs is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Proto has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Proto Labs' financials are consistent with your investment objective using the following steps:
  • Review Proto Labs' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Proto Labs' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Proto Labs' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Proto Labs' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Proto Labs Thematic Clasifications

Proto Labs is part of Construction Materials investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Construction Materials industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Construction MaterialsView
This theme covers USA Equities from Construction Materials industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Proto Labs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Proto Labs' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Proto Labs growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.48)

At present, Proto Labs' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Proto Labs March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Proto Labs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Proto Labs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Proto Labs based on widely used predictive technical indicators. In general, we focus on analyzing Proto Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Proto Labs's daily price indicators and compare them against related drivers.
When determining whether Proto Labs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Proto Labs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proto Labs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proto Labs Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Proto Labs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Proto Labs' price analysis, check to measure Proto Labs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Proto Labs is operating at the current time. Most of Proto Labs' value examination focuses on studying past and present price action to predict the probability of Proto Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Proto Labs' price. Additionally, you may evaluate how the addition of Proto Labs to your portfolios can decrease your overall portfolio volatility.
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Is Proto Labs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Proto Labs. If investors know Proto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Proto Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.183
Earnings Share
0.66
Revenue Per Share
19.242
Quarterly Revenue Growth
0.082
Return On Assets
0.0225
The market value of Proto Labs is measured differently than its book value, which is the value of Proto that is recorded on the company's balance sheet. Investors also form their own opinion of Proto Labs' value that differs from its market value or its book value, called intrinsic value, which is Proto Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Proto Labs' market value can be influenced by many factors that don't directly affect Proto Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Proto Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proto Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proto Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.