One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Nano Dimension Ltd.
NNDM · NCM · Technology · Computer Hardware
Current price
$1.32
52-week range
$1.19 - $2.32
Market cap
$278.31M
Balance sheet
Healthy
-821.51x Concerning
Net cash $390.12M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
2 Risks
1 rewards · 2 risks
- Reward Revenue grew 22.9% last year.
- Risk Return on equity was -30.3% last year — the company lost money on shareholders' equity.
- Risk Insider ownership is only 4.0% (peer median: 5.3%).
What this company does
Nano Dimension Ltd.
Nano Dimension Ltd. sells sophisticated 3D printing and manufacturing solutions for electronics and mechanical parts to industries like aerospace and automotive. Their money mainly comes from selling these high-tech machines and the materials used with them. This matters because they are enabling companies to create new and complex products more efficiently.
How the company got here
Nano Dimension Ltd. was founded in 2012 and has since evolved into a company focused on advanced digital manufacturing solutions, particularly for the electronics industry. Initially, the company provided a range of industrial manufacturing solutions for electronics and mechanical parts. A significant turning point for Nano Dimension was its strategic acquisitions, notably of companies like Desktop Metal, Inc. These moves have expanded its technological capabilities and market reach within the additive manufacturing space. The company's journey reflects a commitment to innovation and growth through both organic development and strategic mergers and acquisitions in the rapidly advancing field of 3D printing and digital manufacturing.
What it actually does
Nano Dimension provides sophisticated industrial manufacturing solutions that help design and create electronic and mechanical parts. Think of it as a high-tech workshop that uses advanced 3D printing and digital technologies to make complex components. These solutions are used by various industries, including aerospace, defense, automotive, and medical device manufacturing, enabling them to produce parts with greater precision and efficiency. The company's offerings span across different stages of the manufacturing process, from design software to the final printed product.
Additive Manufacturing (AM) and digital manufacturing solutions
This is Nano Dimension's core business, focusing on creating electronic components using advanced 3D printing techniques, also known as Additively Manufactured Electronics (AME). They offer precision 3D printing systems and specialized materials, like conductive inks, that allow for the creation of intricate circuit boards and electronic parts layer by layer. This technology is particularly valuable for industries like aerospace and defense, where complex, custom electronic components are often required. The company also provides related software and services to support these advanced manufacturing processes.
What management is betting on now
Nano Dimension's current strategy appears to be centered on consolidating its position in the additive manufacturing market, particularly for electronics. This involves leveraging its acquired technologies and expanding its product portfolio to offer comprehensive design-to-manufacturing solutions. The company is likely focusing on integrating its various business units and technologies to provide a more unified offering to its customers. Management's emphasis is on driving innovation in 3D printing for electronics, aiming to capture a larger share of the advanced manufacturing market by offering more efficient, precise, and customized production capabilities.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q4
$-21.12M
FY2025 Q1
$-7.77M
FY2025 Q2
$-50.76M
FY2025 Q3
$-8.15M
FY2025 Q4
$-12.12M
FY2026 Q1
$-7.25M
FY2026 Q2
$-31.00M
FY2026 Q3
$-24.51M
Revenue
$31.91M
Net income
$-38.66M
Diluted EPS
-0.18
Operating cash flow
$-24.13M
Free cash flow
$-24.51M
Fetching…
Sources
Revenue
$28.96M
Net income
$-6.80M
Diluted EPS
-0.03
Operating cash flow
$-30.95M
Free cash flow
$-31.00M
Fetching…
Sources
Revenue
$29.73M
Net income
$-69.66M
Diluted EPS
-0.34
Operating cash flow
$-7.08M
Free cash flow
$-7.25M
Fetching…
Sources
Revenue
$35.31M
Net income
$-33.94M
Diluted EPS
-0.17
Operating cash flow
$-11.73M
Free cash flow
$-12.12M
Fetching…
Sources
Revenue
$26.88M
Net income
$-53.01M
Diluted EPS
-0.24
Operating cash flow
$-7.94M
Free cash flow
$-8.15M
Fetching…
Sources
Revenue
$25.84M
Net income
$-181.04M
Diluted EPS
-0.83
Operating cash flow
$-50.59M
Free cash flow
$-50.76M
Fetching…
Sources
Revenue
$14.40M
Net income
$-25.31M
Diluted EPS
-0.12
Operating cash flow
$-7.48M
Free cash flow
$-7.77M
Fetching…
Sources
Revenue
$57.77M
Net income
$-98.83M
Diluted EPS
-0.45
Operating cash flow
$-18.92M
Free cash flow
$-21.12M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $1.32
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $390.1M - more cash than debt. Interest coverage -821.5x.
Net debt
$-390.12M
Interest coverage
-821.51x
Nano Dimension Ltd.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 2 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
NNDM
BASELINE
Nano Dimension Ltd.
Total debt $5.30M Interest coverage -821.51x This is the baseline the peer rows are being compared against.
Total debt $25.41M Interest coverage -6.98x Neither company has much profit cushion over interest right now.
Total debt $152.16M Interest coverage -18.47x Neither company has much profit cushion over interest right now.
Total debt $79.31M Interest coverage 5.22x This peer still has a real interest-payment cushion, while NNDM does not.
What you should know
The case for and against NNDM
1 Reward
2 Risks
Rewards
-
Revenue grew 22.9% last year.
Risks
-
Return on equity was -30.3% last year — the company lost money on shareholders' equity.
-
Insider ownership is only 4.0% (peer median: 5.3%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
132.00x
P/B
0.62x
P/S
2.21x
EV/EBITDA
2.23x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
42.2%
Operating margin
-100.2%
Net margin
-118.4%
ROE
-30.3%
ROA
-8.1%
Health
Liquidity and balance-sheet strength
Debt / equity
0.01x
Current ratio
7.48x
Quick ratio
6.78x
Total debt
$5.30M
Total cash
$395.42M
Growth
How the business has been compounding
Revenue TTM
$125.92M
Revenue 5Y CAGR
81.9%
EPS TTM
-0.71
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-73.89M
Free CF TTM
$-102.35M
FCF margin
-81.3%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
—
Last ex-div date
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