-0.91%
25.08%
80.84%
85.50%
40.11%
-41.59%
-38.60%
AI Spotlight on FARO
Company Description
FARO Technologies, Inc.designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific.The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points.
It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications.The company offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications.FARO Technologies, Inc.
was founded in 1981 and is headquartered in Lake Mary, Florida.
Market Data
| Last Price | 31.72 |
| Change Percentage | -0.91% |
| Open | 32.26 |
| Previous Close | 32.01 |
| Market Cap ( Millions) | 600 |
| Volume | 261269 |
| Year High | 32.9 |
| Year Low | 13.52 |
| M A 50 | 27.29 |
| M A 200 | 20.25 |
Financial Ratios
| FCF Yield | 4.09% |
| Dividend Yield | 0.00% |
| ROE | -2.49% |
| Debt / Equity | 35.28% |
| Net Debt / EBIDTA | -106.35% |
| Price To Book | 2.39 |
| Price Earnings Ratio | -94.13 |
| Price To FCF | 24.45 |
| Price To sales | 1.73 |
| EV / EBITDA | -515.69 |
News
- Jan -23 - FARO Technologies Pushes 3D Metrology Forward with New FARO Leap ST
- Jan -15 - The Top 6 AI Stocks For 2025
- Dec -17 - Top 3 Cutting-Edge Micro-Caps Set for 2025 Growth
- Nov -07 - FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
- Nov -06 - FARO Announces Third Quarter Financial Results
- Oct -23 - FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024
- Oct -18 - FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales
- Oct -15 - FARO Introduces New Range Capabilities in Focus Laser Scanner Update
- Oct -08 - FARO Releases New Edition to its Portable CMM Series - FARO Quantum X
- Aug -10 - FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript
- Aug -08 - FARO Announces Second Quarter Financial Results
- Jul -26 - FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024
- Jun -25 - You've Been Warned! 3 3D Printing Stocks to Buy Now or Regret Forever.
- May -22 - CMG Announces Appointment of Alex Davern to the Board of Directors
- May -05 - FARO Technologies, Inc. (FARO) Q1 2024 Earnings Call Transcript
- May -01 - FARO Announces First Quarter Financial Results
- Apr -25 - FARO to Announce Financial Results for the First Quarter 2024 on May 1, 2024
- Mar -05 - FARO Technologies to Webcast 2024 Investor Event on Monday, March 11, 2024
- Feb -27 - FARO Announces Fourth Quarter and Full Year 2023 Financial Results
- Feb -13 - FARO to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 28, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> CAD-based Quality Assurance Products
Expected Growth : 4.0 %
What the company do ?
CAD-based Quality Assurance Products from FARO Technologies, Inc. provide 3D measurement and inspection solutions for manufacturing, ensuring accuracy and precision in product quality control.
Why we expect these perspectives ?
FARO Technologies' CAD-based Quality Assurance Products' 4.0% growth is driven by increasing adoption in manufacturing and construction industries, rising demand for precision measurement and inspection, and growing need for quality control and assurance in production processes. Additionally, advancements in 3D scanning and imaging technologies, and expansion into emerging markets also contribute to the growth.
Segment n°2 -> Service
Expected Growth : 2.0 %
What the company do ?
FARO Technologies, Inc. offers 3D measurement and imaging solutions for industries such as manufacturing, construction, and public safety, providing accurate data to improve workflows and decision-making.
Why we expect these perspectives ?
FARO Technologies' 2.0 growth is driven by increasing adoption of 3D measurement and imaging solutions in manufacturing, construction, and public safety. Rising demand for digital twin technology, growing need for quality control and inspection, and expanding use of 3D modeling in architecture and engineering also contribute to growth.
Faro Technologies, Inc. Products
| Product Range | What is it ? |
|---|---|
| 3D Scanners | FARO's 3D scanners are designed to capture precise 3D models of objects, scenes, and environments. They are used in various industries such as architecture, engineering, construction, and product design. |
| Laser Trackers | FARO's laser trackers are high-precision, portable measurement systems used for large-volume applications such as aerospace, automotive, and heavy industry. |
| Imagers | FARO's imagers are high-resolution, high-speed cameras used for inspection, measurement, and documentation in industries such as aerospace, automotive, and electronics. |
| Software Solutions | FARO's software solutions, such as FARO Scene and FARO CAM2, provide a comprehensive platform for 3D data processing, analysis, and visualization. |
| Gage and Fixture Certification | FARO's gage and fixture certification services provide precision measurement and certification of gages and fixtures used in manufacturing and quality control. |
FARO Technologies, Inc.'s Porter Forces
Threat Of Substitutes
FARO Technologies, Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the increasing competition in the 3D measurement and imaging industry.
Bargaining Power Of Customers
FARO Technologies, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized to meet specific customer needs, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
FARO Technologies, Inc. relies on a few key suppliers for critical components, which gives these suppliers some bargaining power. However, the company's diversified supply chain and long-term relationships with suppliers mitigate this risk.
Threat Of New Entrants
The 3D measurement and imaging industry has high barriers to entry, including significant research and development investments and regulatory hurdles. This makes it difficult for new entrants to compete with established players like FARO Technologies, Inc.
Intensity Of Rivalry
The 3D measurement and imaging industry is highly competitive, with several established players competing for market share. FARO Technologies, Inc. faces intense competition from companies like Hexagon AB and Trimble Inc.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 22.55% |
| Debt Cost | 3.95% |
| Equity Weight | 77.45% |
| Equity Cost | 10.84% |
| WACC | 9.29% |
| Leverage | 29.11% |
FARO Technologies, Inc. : Quality Control
FARO Technologies, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LGL | The LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates … |
| REFR | Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that … |
| RELL | Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave … |
| ROG | Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers … |
| ALNT | Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries worldwide. It offers brush and brushless DC motors, brushless … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Richardson Electronics
A-Score
1-Year Total Return ->
🥈
Research Frontiers
A-Score
1-Year Total Return ->
🥉
FARO Technologies
A-Score
1-Year Total Return ->
4
Rogers
A-Score
1-Year Total Return ->
5
Allient
A-Score
1-Year Total Return ->
6
