Desktop Metal Stock Fundamentals
| DM Stock | USD 0.86 0.02 2.38% |
Desktop Metal fundamentals help investors to digest information that contributes to Desktop Metal's financial success or failures. It also enables traders to predict the movement of Desktop Stock. The fundamental analysis module provides a way to measure Desktop Metal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Desktop Metal stock.
At this time, Desktop Metal's Interest Expense is very stable compared to the past year. As of the 23rd of April 2024, Selling And Marketing Expenses is likely to grow to about 41.4 M, while Operating Income is likely to drop (165.1 M). Desktop | Select Account or Indicator |
Desktop Metal Company Operating Margin Analysis
Desktop Metal's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Desktop Metal Operating Margin | (0.54) % |
Most of Desktop Metal's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Desktop Metal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Desktop Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Desktop Metal has an Operating Margin of -0.5388%. This is 93.9% lower than that of the Electronic Equipment, Instruments & Components sector and significantly lower than that of the Information Technology industry. The operating margin for all United States stocks is 90.22% lower than that of the firm.
Desktop Metal Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Desktop Metal's current stock value. Our valuation model uses many indicators to compare Desktop Metal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desktop Metal competition to find correlations between indicators driving Desktop Metal's intrinsic value. More Info.Desktop Metal is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, Desktop Metal's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Desktop Metal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desktop Metal's 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 Desktop Metal's earnings, one of the primary drivers of an investment's value.Desktop Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Desktop Metal's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Desktop Metal could also be used in its relative valuation, which is a method of valuing Desktop Metal by comparing valuation metrics of similar companies.Desktop Metal is currently under evaluation in operating margin category among related companies.
Desktop Fundamentals
| Return On Equity | -0.84 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (1.70) % | ||||
| Operating Margin | (0.54) % | ||||
| Current Valuation | 341.75 M | ||||
| Shares Outstanding | 329.64 M | ||||
| Shares Owned By Insiders | 23.29 % | ||||
| Shares Owned By Institutions | 48.65 % | ||||
| Number Of Shares Shorted | 65.2 M | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 1.66 X | ||||
| Revenue | 189.7 M | ||||
| Gross Profit | 20.99 M | ||||
| EBITDA | (103.65 M) | ||||
| Net Income | (323.27 M) | ||||
| Cash And Equivalents | 76.29 M | ||||
| Cash Per Share | 0.81 X | ||||
| Total Debt | 143.95 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 4.32 X | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | (115 M) | ||||
| Short Ratio | 16.04 X | ||||
| Earnings Per Share | (1.00) X | ||||
| Price To Earnings To Growth | (0.14) X | ||||
| Target Price | 1.03 | ||||
| Number Of Employees | 950 | ||||
| Beta | 0.68 | ||||
| Market Capitalization | 282.27 M | ||||
| Total Asset | 498.64 M | ||||
| Retained Earnings | (1.63 B) | ||||
| Working Capital | 146.03 M | ||||
| Current Asset | 95.8 M | ||||
| Current Liabilities | 60 M | ||||
| Net Asset | 498.64 M |
About Desktop Metal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Desktop Metal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Desktop Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Desktop Metal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 11.7 M | 16.9 M | |
| Total Revenue | 189.7 M | 103.1 M | |
| Cost Of Revenue | 182.5 M | 115 M | |
| Stock Based Compensation To Revenue | 0.17 | 0.29 | |
| Sales General And Administrative To Revenue | 0.35 | 0.66 | |
| Research And Ddevelopement To Revenue | 0.41 | 0.39 | |
| Capex To Revenue | (0.01) | (0.02) | |
| Revenue Per Share | 0.59 | 0.32 | |
| Ebit Per Revenue | (0.83) | (0.87) |
Pair Trading with Desktop Metal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desktop Metal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desktop Metal will appreciate offsetting losses from the drop in the long position's value.Moving against Desktop Stock
| 0.75 | MEI | Methode Electronics Financial Report 27th of June 2024 | PairCorr |
| 0.75 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.74 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
| 0.64 | VS | Versus Systems Financial Report 20th of May 2024 | PairCorr |
| 0.6 | AAPL | Apple Inc Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Desktop Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desktop Metal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desktop Metal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desktop Metal to buy it.
The correlation of Desktop Metal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desktop Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desktop Metal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desktop Metal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Desktop Metal Piotroski F Score and Desktop Metal Altman Z Score analysis. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal 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..
Complementary Tools for Desktop Stock analysis
When running Desktop Metal's price analysis, check to measure Desktop Metal's 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 Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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Is Desktop Metal's 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 0.589 | Quarterly Revenue Growth (0.14) | Return On Assets (0.16) | Return On Equity (0.84) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal's 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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal's 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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal's 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.