Proto Labs, Inc. (PRLB) vs Techprecision Corp. (TPCS)

Proto Labs, Inc. and Techprecision Corp. are both Metal Fabrication companies. Proto Labs, Inc. is the larger, with a market value of $1.5B against $50.7M — 29.6× the size. Techprecision Corp. has negative trailing earnings, so its P/E is not meaningful; Proto Labs, Inc. trades at 43.3×. Proto Labs, Inc. grew revenue faster over the last twelve months: 11.8% against −0.19%. Proto Labs, Inc. has the higher net margin (6.04% vs −3.66%) and the higher return on invested capital (4.82% vs −3.33%). Across the 21 metrics below, Proto Labs, Inc. leads on 16 and Techprecision Corp. on 5.

Valuation

Metric PRLB TPCS Metal Fabrication median
P/E 43.34 n/m 18.21
P/S 2.62 1.53 1.14
P/B 2.17 6.71 1.75
Price to free cash flow 30.46 45.07 24.69
EV/EBITDA 18.37 25.35 14.24
EV/Sales 2.37 1.67 1.83
Earnings yield 2.31% (2.47%) 2.37%
Free cash flow yield 3.28% 2.22% 2.06%

Profitability

Metric PRLB TPCS Metal Fabrication median
Gross margin 45.21% 16.02% 21.63%
Operating margin 7.32% (1.95%) 4.86%
Net margin 6.04% (3.66%) 4.13%
Free cash flow margin 8.61% 3.40% 3.13%
Return on equity 5.13% (15.42%) 0.67%
Return on assets 4.48% (3.85%) 1.56%
Return on invested capital 4.82% (3.33%) 2.90%

Growth

Metric PRLB TPCS Metal Fabrication median
Revenue growth (TTM) 11.79% (0.19%) 11.38%
EPS growth (last fiscal year) 33.33% 41.38% 31.26%
Revenue growth, 5-year CAGR 4.18% 15.20% 5.71%
Net income growth, 5-year CAGR (16.03%) 0.00% 0.00%

Health

Metric PRLB TPCS Metal Fabrication median
Debt to equity 0.00 0.64 0.30
Current ratio 3.65 1.00 2.05
Net debt to EBITDA (2.17) 3.59 1.67

Dividend

Metric PRLB TPCS Metal Fabrication median
Dividend yield — — 1.24%
Payout ratio — — 0.15

Size

Metric PRLB TPCS Metal Fabrication median
Market cap 1.50b 50.70m 1.07b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack