Nano Dimension - electronic devices and PCBs

Nano Dimension (NASDAQ: NNDM)

Currency in USD

Last close As at 30/11/2023

USD2.31

▲ −0.05 (−2.12%)

Market capitalisation

USD585m

Overview
Price performance
Financials
Research
Thematics

Nano Dimension offers equipment for the additive manufacture of high-performance electronic devices, complex 3D ceramic and metal objects. It also offers miniature parts requiring a resolution of one micron and complementary equipment for automated assembly of electronic devices and PCBs.

The industry is going through a consolidation phase, as demonstrated by Nano Dimension’s and 3D Systems’ bids for Stratasys, and Stratasys’ attempt to merge with Desktop Metal. We expect further M&A activity as industry participants shift their focus from growth to profitability.

Latest Insights

TMT |
Update

23.08.23

Nano Dimension — Strengthening the product portfolio

TMT |
Flash note

01.08.23

Nano Dimension — Tender offer for Stratasys withdrawn

TMT |
Flash note

19.07.23

Nano Dimension — Tender offer for Stratasys extended again

TMT |
Flash note

17.07.23

Nano Dimension — Tender offer for Stratasys revised up again

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Sector

TMT

Equity Analyst

Katherine Thompson

Director

Key Management

Yoav Stern

CEO
Yael Sandler

CFO
Yoav Nissan-Cohen

Chairman
Zivi Nedivi

President

Balance Sheet

Forecast net debt (US$m)

N/A

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	(10.8)	(24.3)	(2.5)
Relative	(19.3)	(25.1)	(15.2)
52 week high/low	US$3.3/US$2.1

Financials

Nano Dimension expects to report Q323 revenue of $12.2m, up 22% y-o-y. The company has confirmed that its Israel operations are uninterrupted despite the conflict in the region, although it suffered some damage to inventory in a storage facility. The company does not expect this to impact its supply chain or its ability to deliver on customer commitments and expects insurance to cover any financial loss. The company has appointed General (Ret.) Michael X. Garrett to the board effective 15 October. General Garrett had a 38-year career in the US Army and is currently a director of Textron, a US-based aerospace and defence company.