Nano Dimension Ltd.
Find Ratings ReportsNANO DIMENSION LTD's gross profit margin for the third quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Sales and net income have grown, and although the growth in revenues has outpaced the average competitor within the subsector, the net income growth has not. NANO DIMENSION LTD is extremely liquid. Currently, the Quick Ratio is 23.86 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 17.00% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 12.16 | 10.0 |
EBITDA ($mil) | -23.79 | -30.58 |
EBIT ($mil) | -25.38 | -33.81 |
Net Income ($mil) | -66.6 | -66.93 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 872.74 | 1020.39 |
Total Assets ($mil) | 1073.07 | 1275.93 |
Total Debt ($mil) | 9.59 | 11.3 |
Equity ($mil) | 1021.48 | 1230.72 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 57.22 | 50.28 |
EBITDA Margin | -195.7 | -305.83 |
Operating Margin | -208.77 | -338.12 |
Sales Turnover | 0.05 | 0.03 |
Return on Assets | -13.15 | -23.46 |
Return on Equity | -13.82 | -24.33 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 24.57 | 34.5 |
Debt/Capital | 0.01 | 0.01 |
Interest Expense | 2.03 | 1.6 |
Interest Coverage | -12.5 | -21.11 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 248.02 | 246.84 |
Div / share | 0.0 | 0.0 |
EPS | -0.26 | -0.26 |
Book value / share | 4.12 | 4.99 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1957716.0 | 1647949.0 |
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.68 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 23.59. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, NANO DIMENSION LTD proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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NNDM NM | Peers 53.34 | NNDM NM | Peers 44.47 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. NNDM's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. NNDM's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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NNDM NA | Peers 26.06 | NNDM NA | Peers 1.95 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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NNDM 0.68 | Peers 23.59 | NNDM 53.39 | Peers 123.02 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. NNDM is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, NNDM is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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NNDM 12.82 | Peers 14.13 | NNDM 38.15 | Peers 27.20 | |||||||||||||||||||||
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. NNDM is trading at a valuation on par with its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. NNDM has a sales growth rate that significantly exceeds its peers. |
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