Friday, October 18, 2013

3D Printer Makes Car Bodies: The Companies that Will Benefit

According to a recent article in SFGate, a 3-D printer is now being used to 'print' car bodies for real cars. These aren't toy companies, this is for a real automobile called the Urbee. They will be manufactured in  Canada by a company called Kor Ecologic.

3Dprinters are now being used to print all kinds of things, everything from houses to human cartilage. There are over ten 3D printing related stocks that have been identified by, many of them large corporations. Unfortuantely, some of these trade at very high earnings ratios.

3D Systems (DDD) is a Rock Hill, South Carolina based company, founded in 1986, which produces 3D printers and related products. The stock trades at 131 times current earnings and 43 times forward earnings. Earnings for the latest reported quarter were up 12.2% on a 44% rise in revenues.

Another company in the 3D hardware arena is Stratasys (SSYS), which produces three-dimensional printers, rapid prototyping systems, and related consumable materials. This Minnesota based company was founded in 1989. Although the latest quarterly earnings were negative, revenues rose by an incredible 115%. This company has the advantage of being debt free with $148 million in cash. The stock trades at 46 times forward earnings.

As for 3D software, there is Autodesk (ADSK), which makes 3D software for many different industries, including entertainment, architecture, and manufacturing. The stock trades at 42 times trailing earnings and a forward price to earnings ratio of 25. Earnings for the latest reported quarter were down 4.5% on flat revenues. The company has $8.96 n cash  per share.

For a free list of the companies involved in 3D printing, which can be downloaded, sorted, and updated, go to


No comments: