Desktop Metal, Inc. (DM)

NYSE: DM · IEX Real-Time Price · USD
0.869
-0.001 (-0.11%)
Mar 28, 2024, 11:35 AM EDT - Market open

Total Valuation

Desktop Metal has a market cap or net worth of $293.05 million. The enterprise value is $352.30 million.

Market Cap 293.05M
Enterprise Value 352.30M

Important Dates

The last earnings date was Friday, March 15, 2024, before market open.

Earnings Date Mar 15, 2024
Ex-Dividend Date n/a

Share Statistics

Desktop Metal has 324.74 million shares outstanding. The number of shares has increased by 2.34% in one year.

Shares Outstanding 324.74M
Shares Change (YoY) +2.34%
Shares Change (QoQ) +0.50%
Owned by Insiders (%) 23.27%
Owned by Institutions (%) 48.12%
Float 226.78M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.54
Forward PS 1.45
PB Ratio 1.21
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.86
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 3.08, with a Debt / Equity ratio of 0.60.

Current Ratio 3.08
Quick Ratio 1.75
Debt / Equity 0.60
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -102.45

Financial Efficiency

Return on equity (ROE) is -82.00% and return on invested capital (ROIC) is -83.82%.

Return on Equity (ROE) -82.00%
Return on Assets (ROA) -51.90%
Return on Capital (ROIC) -83.82%
Revenue Per Employee $199,682
Profits Per Employee -$340,285
Employee Count 950
Asset Turnover 0.30
Inventory Turnover 2.29

Taxes

Income Tax -3.11M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -58.37% in the last 52 weeks. The beta is 0.63, so Desktop Metal's price volatility has been lower than the market average.

Beta (1Y) 0.63
52-Week Price Change -58.37%
50-Day Moving Average 0.63
200-Day Moving Average 1.14
Relative Strength Index (RSI) 70.90
Average Volume (30 Days) 3,702,759

Short Selling Information

The latest short interest is 70.06 million, so 21.57% of the outstanding shares have been sold short.

Short Interest 70.06M
Short Previous Month 70.99M
Short % of Shares Out 21.57%
Short % of Float 30.89%
Short Ratio (days to cover) 18.72

Income Statement

In the last 12 months, Desktop Metal had revenue of $189.70 million and -$323.27 million in losses. Loss per share was -$1.00.

Revenue 189.70M
Gross Profit -10.09M
Operating Income -323.22M
Pretax Income -326.38M
Net Income -323.27M
EBITDA -269.59M
EBIT -323.22M
Loss Per Share -$1.00
Full Income Statement

Balance Sheet

The company has $84.70 million in cash and $143.95 million in debt, giving a net cash position of -$59.25 million or -$0.18 per share.

Cash & Cash Equivalents 84.70M
Total Debt 143.95M
Net Cash -59.25M
Net Cash Per Share -$0.18
Equity / Book Value 241.65M
Book Value Per Share 0.74
Working Capital 146.03M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$115.00 million and capital expenditures $7.18 million, giving a free cash flow of -$107.82 million.

Operating Cash Flow -115.00M
Capital Expenditures 7.18M
Free Cash Flow -107.82M
FCF Per Share -$0.34
Full Cash Flow Statement

Margins

Gross margin is -5.32%, with operating and profit margins of -170.39% and -170.41%.

Gross Margin -5.32%
Operating Margin -170.39%
Pretax Margin -172.05%
Profit Margin -170.41%
EBITDA Margin -142.11%
EBIT Margin -170.39%
FCF Margin -56.84%

Dividends & Yields

Desktop Metal does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.34%
Shareholder Yield -2.34%
Earnings Yield -110.31%
FCF Yield -36.79%

Analyst Forecast

The average price target for Desktop Metal is $2.75, which is 211.62% higher than the current price. The consensus rating is "Buy".

Price Target $2.75
Price Target Difference 211.62%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Desktop Metal has an Altman Z-Score of -5.71 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -5.71
Piotroski F-Score 2