Voxeljet (VJET, Financial) is experiencing significant enhancement in quality and getting healthy feedback for the benchmarks of metal casting. In addition, Voxeljet is also implementing other motivating applications for its inorganic materials in concrete casting or composite manufacturers. Therefore, Voxeljet is successfully addressing concrete casters, metal foundries coupled with composite manufacturers. Further, in all these verticals, Voxeljet witnesses hugely complex products and weaker manufacturing quantities, and thus these markets are believed to be the perfect growth drivers for its production printers.
A key acquisition
Voxeljet acquired Propshop in October adding to its already robust portfolio. The Propshop’s unique capabilities including higher experience with its 3D printing technology, creativity and innovation has placed it to the top position for providing complex and sophisticated content to the entertainment industry. These qualities have allowed Propshop to pursue many innovative and attractive consumer-related opportunities linked to the on-demand parts service market primarily used for extensive 3D printing production.
Voxeljet is also implementing its services to other industry like interior and architectural design, consumer products, product design, exhibition design and retail display. The workflow of Voxeljet is 100% digital that signifies all the things created during its design process initiates and terminates with digital files which are finally 3D printable.
Important partnerships
Voxeljet has signed digital acquisition contracts with film production companies like Disney and has partnered uniquely to enable it in selling and distributing digital content to key licensee holders. For instance, it supplies Hasbro metal having digital content which it acquired in the filmmaking process for allowing them to guide and develop their toy products. Voxeljet’s digital access is even leveraged by the gaming companies and the visual effects industry.
Propshop has an owned licensed product like the DV by James Bond model replica and currently has plans to make its own, its film Prop Replica line of products and introduce them to the market in 2015. Hence, Propshop is combining its digital content and developing consumer products straight from Voxeljet printers.
Conclusion
According to Yahoo Finance, the company has not provided any data for neither trailing P/E ratio nor forward P/E ratio that signifies that the company is in loss. The profit margin of -47.85% represent no profit but loss. The revenue per share and diluted EPS of 0.95 and -0.46 respectively is disappointing and indicate poor shareholder earnings. The quarterly revenue growth of 6.80% is very nominal. The current ratio of 11.75 suggests the robustness of the company’s balance sheet. Finally, the investors are advised to stay away from Voxeljet AG as of now till a major turnaround occurs and the company returns to profitability looking at the poor long-term growth prospects of the company compared to significant industry’s average of 16.11%.
