Nano Dimension Story

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NNDM -- USA Stock  

USD 9.61  0.65  6.34%

Even with relatively sluggish basic indicators, Nano Dimension revealed solid returns over the last few months and may actually be approaching a breakup point. We currently estimate Nano Dimension as overvalued. The real value is approaching 10.06 per share.
Published over a month ago
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Does Nano Dimension (NASDAQ:NNDM) have steady basic indicators based on the new hike?
Our investment recommendation tool can cross-verify current analyst consensus on Nano Dimension and to analyze the entity potential to grow in the current economic cycle. Nano Dimension dividends can provide a clue to the current value of the stock. The firm is not expected to issue dividends this year as it is trying to preserve or re-invest any of the funds available for distribution to stakeholders.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Nano Dimension income statement, its balance sheet, and the statement of cash flows. Potential Nano Dimension investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nano Dimension investors may use each financial statement separately, they are all related. The changes in Nano Dimension's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nano Dimension'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.
The goal of Nano Dimension fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Nano Dimension performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Nano Dimension shares is the value that is considered the true value of the share. If the intrinsic value Nano Dimension is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Nano Dimension.
Please read more on our fundamental analysis page.

What is Nano Dimension Asset Breakdown?

Nano Dimension reports assets on its Balance Sheet. It represents the amount of Nano Dimension resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Nano Dimension volatility, please check the breakdown of all its fundamentals

How Nano Dimension utilizes its cash?

To perform a cash flow analysis of Nano Dimension, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Nano Dimension is receiving and how much cash it distributes out in a given period. The Nano Dimension cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Nano Dimension Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at (12.32 Million)

Nano Dimension Gross Profit

Nano Dimension Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Nano Dimension previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Nano Dimension Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Breaking down Nano Dimension Indicators

The company reported the previous year's revenue of 3.4 M. Net Loss for the year was (32.44 M) with profit before overhead, payroll, taxes, and interest of 2.76 M.
 2018 2019 2020 2021 (projected)
Revenues USD1.36 M2.02 M2.32 M2.51 M
Revenues5.1 M7.07 M8.13 M8.77 M

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nano Dimension has an asset utilization ratio of 25.67 percent. This denotes that the company is making $0.26 for each dollar of assets. An increasing asset utilization means that Nano Dimension is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
12.4 M
Assets Non Current
13.1 M
Current Assets12.4 Million40.01
Assets Non Current13.09 Million42.22
Goodwill5.51 Million17.77

Another 3 percent hike for Nano Dimension

New mean deviation is at 7.67. As of the 23rd of January, Nano Dimension secures the Downside Deviation of 8.51, mean deviation of 7.67, and Risk Adjusted Performance of 0.2338. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nano Dimension, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Nano Dimension, which can be compared to its peers in the industry. Please verify Nano Dimension standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Nano Dimension is priced some-what accurately, providing market reflects its recent price of 14.39 per share. Given that Nano Dimension has jensen alpha of 2.35, we recommend you to check Nano Dimension's last-minute market performance to make sure the company can sustain itself at a future point.

Our Takeaway on Nano Dimension Investment

While some firms under the computer hardware industry are still a bit expensive, Nano Dimension may offer a potential longer-term growth to stakeholders. To conclude, as of the 23rd of January 2021, our research shows that Nano Dimension is a rather relatively risky investment opportunity with a below average odds of distress in the next two years. From a slightly different view, the entity currently appears to be overvalued. Our present 30 days 'Buy-vs-Sell' recommendation on the company is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Nano Dimension. Please refer to our Terms of Use for any information regarding our disclosure principles.

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