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Nano Dimension Ltd. (NNDM) 10-Year Financial Performance & Capital Metrics

NNDM • • Industrial / General
TechnologyComputer Hardware3D Printing & Additive ManufacturingIndustrial 3D Printing
AboutNano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company's flagship product is DragonFly IV system that serves cross-industry High-Performance-Electronic-Devices' fabrication needs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components. It also provides nanotechnology based conductive and dielectric inks; and FLIGHT software platform that enables the 3D design of electrical and mechanical features. The company markets and sells products and services to companies that develop products with electronic components, including companies in the defense, automotive, consumer electronics, semiconductor, aerospace, and medical industries, as well as research institutes. Nano Dimension Ltd. was founded in 2012 and is headquartered in Ness Ziona, Israel.Show more
  • Revenue $58M +2.6%
  • EBITDA -$80M +32.6%
  • Net Income -$96M -75.8%
  • EPS (Diluted) -0.44 -100.0%
  • Gross Margin 43.26% -4.3%
  • EBITDA Margin -138.03% +34.3%
  • Operating Margin -149.58% +32.5%
  • Net Margin -165.98% -71.3%
  • ROE -10.23% -103.1%
  • ROIC -10.19% +34.6%
  • Debt/Equity 0.01 -7.6%
  • Interest Coverage -131.92 +36.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 52.2%
  • ✓Share count reduced 12.0% through buybacks
  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y124.75%
5Y52.22%
3Y76.58%
TTM41.81%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-202.5%

EPS CAGR

10Y-
5Y-
3Y-
TTM-210.2%

ROCE

10Y Avg-45.24%
5Y Avg-10.47%
3Y Avg-11.35%
Latest-9.09%

Peer Comparison

Industrial 3D Printing
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Size & Scale
Valuation
Per Share
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Quality & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
DDD3D Systems Corporation385.59M2.64-1.36-9.82%4.01%7.03%1.61
NNDMNano Dimension Ltd.362.83M1.73-3.922.59%-326.38%-44.23%0.01
SSYSStratasys Ltd.992.77M11.62-6.84-8.79%-17.42%-10.9%0.04

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+6K46K858.56K5.1M7.07M3.4M10.49M43.63M56.31M57.77M
Revenue Growth %-0.66%6.67%17.66%4.94%0.39%-0.52%2.09%3.16%0.29%0.03%
Cost of Goods Sold+36.29K192.38K1.15M4.37M5.08M2.33M9.37M29.58M30.86M32.78M
COGS % of Revenue6.05%4.18%1.34%0.86%0.72%0.69%0.89%0.68%0.55%0.57%
Gross Profit+-30.29K-147K-323K734K1.99M1.06M1.12M14.05M25.46M25M
Gross Margin %-5.05%-3.2%-0.38%0.14%0.28%0.31%0.11%0.32%0.45%0.43%
Gross Profit Growth %--3.85%-1.2%3.27%1.71%-0.46%0.05%11.52%0.81%-0.02%
Operating Expenses+5.73M9.04M16.95M15.88M16.82M36.76M224.33M185.58M150.34M111.42M
OpEx % of Revenue955.33%196.54%19.74%3.11%2.38%10.82%21.38%4.25%2.67%1.93%
Selling, General & Admin2.88M4.82M5.55M7.26M8.74M26.88M42.36M65.63M87.67M63.88M
SG&A % of Revenue479.5%104.87%6.46%1.42%1.24%7.91%4.04%1.5%1.56%1.11%
Research & Development2.86M3.9M10.62M8.62M8.08M9.88M41.69M75.76M62M37.16M
R&D % of Revenue476.17%84.8%12.37%1.69%1.14%2.91%3.97%1.74%1.1%0.64%
Other Operating Expenses0-114K105.31K68K78K76K10.51M44.18M-701K10.38M
Operating Income+-5.74M-9.01M-16.69M-15.15M-14.84M-35.7M-82.92M-171.53M-124.88M-86.42M
Operating Margin %-957.17%-195.96%-19.44%-2.97%-2.1%-10.5%-7.9%-3.93%-2.22%-1.5%
Operating Income Growth %-3.75%-0.57%-0.85%0.09%0.02%-1.41%-1.32%-1.07%0.27%0.31%
EBITDA+-5.71M-8.65M-15.38M-13.21M-12.17M-33.02M-75.54M-164.27M-118.34M-79.75M
EBITDA Margin %-951.15%-188.03%-17.91%-2.59%-1.72%-9.71%-7.2%-3.76%-2.1%-1.38%
EBITDA Growth %-3.75%-0.52%-0.78%0.14%0.08%-1.71%-1.29%-1.17%0.28%0.33%
D&A (Non-Cash Add-back)36.12K364.7K1.31M1.94M2.67M2.68M7.38M7.25M6.54M6.67M
EBIT-5.38M-9.01M-16.69M-15.08M-7.94M-48.41M-205.56M-226.81M-54.73M-96.33M
Net Interest Income+0-29K-28K54K-2.13M-171.19K3.53M18.05M45.18M42.12M
Interest Income0180.68K105.31K54K8.77M249.74K3.83M18.38M45.79M42.78M
Interest Expense6.4K143.24K949.76K02.28M420.93K307.21K326.72K603.71K655.09K
Other Income/Expense355.19K38K-815K-288K6.48M-12.8M-122.81M-56.51M69.28M-10.11M
Pretax Income+-5.4M-8.98M-18.13M-15.42M-8.35M-48.49M-205.73M-228.03M-55.6M-96.53M
Pretax Margin %-900.33%-195.13%-21.11%-3.02%-1.18%-14.27%-19.61%-5.23%-0.99%-1.67%
Income Tax+-13.32K0-1.22M54K00-4.91M264K62K397K
Effective Tax Rate %1%1%0.97%1%1%1%0.98%1%0.98%0.99%
Net Income+-5.39M-8.98M-17.5M-15.49M-8.35M-48.49M-200.78M-227.42M-54.55M-95.89M
Net Margin %-897.83%-195.13%-20.39%-3.04%-1.18%-14.27%-19.13%-5.21%-0.97%-1.66%
Net Income Growth %-0.48%-0.67%-0.95%0.12%0.46%-4.81%-3.14%-0.13%0.76%-0.76%
Net Income (Continuing)-5.39M-8.98M-17.5M-15.42M-8.35M-48.49M-200.82M-228.29M-55.66M-96.92M
Discontinued Operations0000000000
Minority Interest000000875K767K1.01M715K
EPS (Diluted)+-0.20-11.05-15.97-8.50-0.09-0.27-0.81-0.88-0.22-0.44
EPS Growth %0.35%-54.25%-0.45%0.47%0.99%-1.86%-2%-0.09%0.75%-1%
EPS (Basic)-0.20-11.05-15.97-0.17-0.09-0.27-0.81-0.88-0.22-0.44
Diluted Shares Outstanding536.38K40.76M56.54M91.8M175.63M181.27M248.13M257.89M248.12M218.38M
Basic Shares Outstanding536.38K40.76M56.54M91.8M175.63M181.27M247.34M257.79M248.02M218.31M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+9.05M13.32M9.2M8.77M9.85M676.15M1.31B1.06B893.99M789.33M
Cash & Short-Term Investments8.66M12.37M6.09M3.75M3.89M670.93M1.29B1.03B851.54M757.96M
Cash Only8.66M12.37M6.09M3.75M3.89M585.34M853.63M685.36M309.57M317.17M
Short-Term Investments0000085.6M437.6M346.66M541.97M440.79M
Accounts Receivable211.85K814K449K1.68M2.17M1.14M4.58M12.83M22.22M12.53M
Days Sales Outstanding12.89K6.46K190.88120.09111.77122.74159.18107.35144.0479.15
Inventory-264.57K-225.72K2.33M3.12M3.54M011.2M19.4M18.39M16.9M
Days Inventory Outstanding--738.13260.5254.37-436.2239.37217.54188.17
Other Current Assets00107K21K31K62K3.51M6.55M60K537K
Total Non-Current Assets+4.15M8.9M12.24M11.53M13M13.11M78.06M139.14M170.35M112.56M
Property, Plant & Equipment1.13M2M5.16M5.2M7.42M8.26M12.18M22.38M28.79M23.45M
Fixed Asset Turnover0.01x0.02x0.17x0.98x0.95x0.41x0.86x1.95x1.96x2.46x
Goodwill0-19.31M00000000
Intangible Assets2.91M26.09M6.74M5.98M5.21M4.44M002.23M2.15M
Long-Term Investments110K110.43K346K347K377K406K64.37M114.98M138.45M86.19M
Other Non-Current Assets109.64K110.49K345.55K347K377K406K501K1.66M881K768K
Total Assets+13.2M22.22M21.44M20.3M22.86M689.26M1.39B1.2B1.06B901.89M
Asset Turnover0.00x0.00x0.04x0.25x0.31x0.00x0.01x0.04x0.05x0.06x
Asset Growth %20.24%0.68%-0.03%-0.05%0.13%29.15%1.02%-0.13%-0.12%-0.15%
Total Current Liabilities+907.1K1.97M2.19M3.59M4.42M6.69M32M37.03M34.47M30.82M
Accounts Payable442.4K679K512K1.41M850K776K2.83M3.72M4.7M4.25M
Days Payables Outstanding4.45K1.29K162.22118.2161.02121.35110.3545.9255.5547.31
Short-Term Debt0000000000
Deferred Revenue (Current)24.59K262.83K413.74K905K1000K1000K1000K1000K1000K1000K
Other Current Liabilities280.89K1.06M731K722K913K1.23M19.72M18.08M11.55M10.06M
Current Ratio9.98x6.77x4.20x2.44x2.23x101.13x41.00x28.74x25.93x25.61x
Quick Ratio10.27x6.89x3.14x1.57x1.43x101.13x40.65x28.22x25.40x25.07x
Cash Conversion Cycle--766.8262.38305.11-485.03300.8306.03220.01
Total Non-Current Liabilities+254.38K955.39K1.13M1.14M6.83M15.45M13.73M16.13M14.08M12.37M
Long-Term Debt0000000736K595K276K
Capital Lease Obligations00002.09M2.62M3.34M12.37M8.74M6.55M
Deferred Tax Liabilities00002.65M0236K075K0
Other Non-Current Liabilities0326.26K300.67K1.14M4.74M12.84M8.6M3.02M2.77M4.7M
Total Liabilities1.16M2.92M3.32M4.73M11.26M22.14M45.72M53.17M48.55M43.18M
Total Debt+00002.09M2.62M5.42M17.96M13.81M10.79M
Net Debt-8.66M-12.37M-6.09M-3.75M-1.8M-582.72M-848.2M-667.41M-295.76M-306.38M
Debt / Equity----0.18x0.00x0.00x0.02x0.01x0.01x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-896.78x-62.93x-17.57x--6.50x-84.80x-269.91x-525.00x-206.85x-131.92x
Total Equity+12.04M19.29M18.12M15.57M11.6M667.12M1.34B1.15B1.02B858.71M
Equity Growth %69.72%0.6%-0.06%-0.14%-0.25%56.5%1.01%-0.14%-0.12%-0.15%
Book Value per Share22.450.470.320.170.073.685.424.464.093.93
Total Shareholders' Equity12.04M19.29M18.12M15.57M11.6M667.12M1.34B1.15B1.01B857.99M
Common Stock989.58K1.42M1.92M3.29M6.44M257.23M386.67M388.41M400.7M409.14M
Retained Earnings-9.26M-18.35M-38.44M-51.61M-59.96M-108.46M-309.23M-536.66M-591.21M-687.1M
Treasury Stock-1.35M-1.51M-1.51M-1.51M-1.51M-1.51M-1.51M-1.51M-97.9M-167.65M
Accumulated OCI3.73M5.57M7.38M1.43M1.43M1.43M1.41M3.09M3.64M-1.02M
Minority Interest000000875K767K1.01M715K

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-3.33M-5.91M-16.37M-13.45M-12.68M-9.65M-42.58M-92.05M-105.07M-57.01M
Operating CF Margin %-554.57%-128.5%-19.06%-2.64%-1.79%-2.84%-4.06%-2.11%-1.87%-0.99%
Operating CF Growth %-2.74%-0.78%-1.77%0.18%0.06%0.24%-3.41%-1.16%-0.14%0.46%
Net Income-5.38M-8.96M-18.13M-15.49M-8.35M-48.49M-200.82M-228.29M-55.66M-96.92M
Depreciation & Amortization36.12K363.96K1.36M1.94M2.67M2.66M7.38M7.28M6.54M6.67M
Stock-Based Compensation1.91M2.02M1.82M402K439K20.5M29.78M32.56M20.1M13.88M
Deferred Taxes-314.58K083.15K537K18K0-5.01M-581K-11K0
Other Non-Cash Items100.93K121.41K814.25K412K-6.67M12.77M123.38M98.14M-68.82M11.61M
Working Capital Changes321.75K541K-2.31M-1.25M-782K2.92M2.72M-1.17M-8.34M7.75M
Change in Receivables-108.87K-38.74K-50.64K-1.22M-503K1.1M-449K-1.99M-5.6M9.03M
Change in Inventory0129.46K-2.31M-1.41M-442K229K2.38M-4.6M-340K387K
Change in Payables273.85K69.67K-199.39K1.13M-1.06M-99K74K628K1.09M47K
Cash from Investing+-2.58M-4.55M-3.82M-1.23M-641K-86.76M-496.68M-67.67M-166.6M140.05M
Capital Expenditures-2.34M-4.55M-3.64M-1.32M-601K-1.36M-425.78M-9.39M-9.1M-2.2M
CapEx % of Revenue390.66%98.88%4.24%0.26%0.09%0.4%40.58%0.22%0.16%0.04%
Acquisitions----------
Investments----------
Other Investing-237.73K-3.42M-183.28K87K-40K96K3.67M8.99M832.85K41.72M
Cash from Financing+14.44M13.9M13.5M12.48M13.44M677.73M804.18M-5.27M-105.41M-74.45M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing285.25K1.83M1.08M9K169K2.71M990K-716K-3.67M12K
Net Change in Cash----------
Free Cash Flow+-5.67M-10.46M-20.01M-14.77M-13.29M-11.01M-468.36M-101.44M-115.69M-59.92M
FCF Margin %-945.22%-227.38%-23.3%-2.9%-1.88%-3.24%-44.64%-2.32%-2.05%-1.04%
FCF Growth %-3.8%-0.84%-0.91%0.26%0.1%0.17%-41.56%0.78%-0.14%0.48%
FCF per Share-10.57-0.26-0.35-0.16-0.08-0.06-1.89-0.39-0.47-0.27
FCF Conversion (FCF/Net Income)0.62x0.66x0.94x0.87x1.52x0.20x0.21x0.40x1.93x0.59x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-88.23%-57.29%-93.56%-91.94%-61.48%-14.29%-19.96%-18.23%-5.04%-10.23%
Return on Invested Capital (ROIC)-254.76%-131.27%-132.07%-95.27%-102.94%-56.85%-21.43%-26.28%-15.57%-10.19%
Gross Margin-504.85%-319.57%-37.62%14.39%28.09%31.33%10.69%32.2%45.21%43.26%
Net Margin-89783.33%-19513.04%-2038.66%-303.69%-118.15%-1426.71%-1913.44%-521.22%-96.87%-165.98%
Debt / Equity----0.18x0.00x0.00x0.02x0.01x0.01x
Interest Coverage-896.78x-62.93x-17.57x--6.50x-84.80x-269.91x-525.00x-206.85x-131.92x
FCF Conversion0.62x0.66x0.94x0.87x1.52x0.20x0.21x0.40x1.93x0.59x
Revenue Growth-65.85%666.67%1766.43%494.02%38.63%-51.92%208.71%315.83%29.06%2.59%

Revenue by Segment

20172018201920202021202220232024
Consumables Member-----5.49M7.79M9.51M
Consumables Member Growth------42.06%21.95%
SalesOfPrintersMember---2.19M7.25M---
SalesOfPrintersMember Growth----230.90%---
ConsumablesMember---554K1.63M---
ConsumablesMember Growth----194.40%---
SupportServicesMember---654K1.12M---
SupportServicesMember Growth----70.80%---
Consumables222K-------
Consumables Growth--------

Revenue by Geography

20172018201920202021202220232024
Europe, Middle East And Africa-------33.37M
Europe, Middle East And Africa Growth--------
Americas------22.34M21.01M
Americas Growth--------5.95%
Asia Pacific-1.24M1.59M---2.95M3.39M
Asia Pacific Growth--28.41%----15.13%
UNITED STATES---1.26M2.51M14.31M--
UNITED STATES Growth----98.97%469.40%--
EuropeAndIsraelMember---774K7.24M---
EuropeAndIsraelMember Growth----835.01%---
AsianPacificMember---1.36M743K---
AsianPacificMember Growth-----45.45%---
USA-2.73M3.37M-----
USA Growth--23.47%-----
Europe and Israel-1.13M2.11M-----
Europe and Israel Growth--86.24%-----

Frequently Asked Questions

Growth & Financials

Nano Dimension Ltd. (NNDM) reported $81.7M in revenue for fiscal year 2024.

Nano Dimension Ltd. (NNDM) grew revenue by 2.6% over the past year. Growth has been modest.

Nano Dimension Ltd. (NNDM) reported a net loss of $266.6M for fiscal year 2024.

Dividend & Returns

Nano Dimension Ltd. (NNDM) has a return on equity (ROE) of -10.2%. Negative ROE indicates the company is unprofitable.

Nano Dimension Ltd. (NNDM) had negative free cash flow of $87.9M in fiscal year 2024, likely due to heavy capital investments.

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