NNDM vs LECO Stock Comparison

Nano Dimension and Lincoln Electric Holdings Prices as of Oct 27, 2026 Peers: Industry group
NNDM Nano Dimension Ltd.
$1.43 -8.9% 1M -17.8% 1Y
Market cap
$301.50M
P/E
–
Revenue (TTM)
$120.89M
Div. yield
–
3D Printing Industrials
1 win

Head to Head

9 decided of 12

Lincoln Electric Holdings leads on 8 of the 12 questions below (Lincoln Electric Holdings 8, Nano Dimension 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNNDMLECOLeader
Larger companyMarket capitalisation $301.50M $15.29B LECO
Cheaper on earningsLower P/E, profitable companies only -0.7x 26.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 24.3x –
Faster revenue growthRevenue growth, trailing twelve months +73.5% +11.1% NNDM
More profitableNet margin, trailing twelve months -349.5% 12.4% LECO
Better return on capitalReturn on invested capital -28.1% 22.6% LECO
Less leveragedLower net debt / EBITDA 2.4x 1.0x LECO
Higher dividend yieldTrailing dividend yield — 1.12% –
Better 1-year returnPrice return, last 12 months -17.8% +16.6% LECO
Better 5-year returnAnnualised price return, 5 years -24.6%/yr +15.0%/yr LECO
Less volatileAnnualised volatility, 1 year 53.1% 30.8% LECO
Higher overall scoreMean of the five percentile scores vs peers 48/100 54/100 LECO

Percentile Scorecard

NNDMLECO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNNDMLECO
Valuation 39 #125 of 203 36 #130 of 203
Growth 55 #86 of 188 44 #106 of 188
Profitability 7 #171 of 183 94 #12 of 183
Financial Health 91 #20 of 217 44 #121 of 217
Shareholder Returns – 54 #71 of 153
Overall 48 54
  • NNDM ranked among 222 companies in Machinery
  • LECO ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNNDMLECOSPY
1 month -8.9%+3.9% -0.2%
3 months -4.0%+5.7% +3.9%
6 months -18.3%+8.6% +8.2%
Year to date -7.1%+17.8% +12.9%
1 year -17.8%+16.6% +12.3%
3 years -44.8%+63.5% +87.4%
3 years, per year -18.0%+17.8% +23.3%
5 years -75.7%+101.1% +67.9%
5 years, per year -24.6%+15.0% +10.9%
10 years -97.9%+331.4% +261.1%
10 years, per year -32.1%+15.7% +13.7%

Risk

MeasureNNDMLECOSPY
Volatility, 1Y 53.1%30.8% 12.7%
Downside volatility, 1Y 57.9%31.2% 12.7%
Beta vs S&P 500, 1Y 1.101.18 1.00
Return / volatility, 1Y -0.340.54 0.97
Max drawdown, 5Y -80.4%-35.3% -25.4%
From 52-week high -33.2%-5.5% -1.2%
52-week high $2.14$298.88 $779.14
52-week low $1.23$220.64 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNNDMLECO
P/E now vs peer median -0.7xmedian 25.2x 26.7xmedian 25.2x
P/S now vs peer median 2.5xmedian 1.9x 3.3xmedian 1.9x
EV/EBITDA now vs peer median 0.3xmedian 14.0x 17.8xmedian 14.0x
P/FCF now vs peer median -5.9xmedian 21.7x 29.9xmedian 21.7x
P/B now vs peer median 0.6xmedian 2.3x 9.8xmedian 2.3x
PEG now vs peer median 0.00median 1.32 3.82median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNNDMLECO
Revenue $120.89M $4.64B
Gross profit $46.88M $1.65B
Operating income -$143.53M $802.52M
Net income -$139.91M $575.27M
Free cash flow -$51.44M $511.89M
R&D $29.99M –
EPS (diluted) $-2.02 $10.48
Cash & equivalents $349.11M $283.24M
Total debt $14.82M $1.15B
Shares (diluted) 209.34M 54.87M
Enterprise value -$909.67M $14.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNNDMLECO
P/E -0.7x 26.7x
P/FCF -5.9x 29.9x
P/Operating cash flow -6.0x 22.9x
P/S 2.5x 3.3x
P/B 0.6x 9.8x
P/Tangible book 0.6x 9.8x
EV/EBITDA 0.3x 17.8x
EV/EBIT 0.3x 20.1x
EV/Revenue -0.4x 3.5x
EV/FCF 0.9x 31.6x
EV/Operating cash flow 0.9x 24.2x
PEG (3Y EPS CAGR) 0.00 3.82

Growth

14 metrics
MetricNNDMLECO
Revenue growth (1Y) 73.5% 11.1%
Revenue CAGR (3Y) 32.6% 4.5%
Gross profit growth (1Y) 88.5% 7.7%
Gross profit CAGR (3Y) 27.7% 5.5%
Operating income growth (1Y) -9.4% 12.9%
Operating income CAGR (3Y) -35.0% 7.0%
Net income growth (1Y) -154.9% 9.6%
Net income CAGR (3Y) 0.6% 4.9%
EPS growth (1Y) -112.0% 11.0%
EPS CAGR (3Y) -428.7% 7.0%
Operating cash flow growth (1Y) 25.6% 0.7%
Operating cash flow CAGR (3Y) 21.5% 0.5%
Free cash flow growth (1Y) 28.4% -6.3%
Free cash flow CAGR (3Y) 17.8% -3.6%

Profitability

14 metrics
MetricNNDMLECO
Gross margin 38.8% 35.5%
EBITDA margin -117.1% 19.5%
Operating margin -118.7% 17.3%
Pretax margin -121.7% 16.2%
Net margin -349.5% 12.4%
FCF margin -42.6% 11.0%
Operating cash flow margin -41.9% 14.4%
Return on equity -33.8% 37.0%
Return on assets -28.9% 14.9%
Return on invested capital -28.1% 22.6%
Return on capital employed -27.7% 27.7%
Asset turnover 0.2x 1.2x
Cash conversion (OCF / net income) 0.4x 1.2x
Stock comp / revenue 6.6% 0.5%

Financial Health

11 metrics
MetricNNDMLECO
Debt / assets 0.6% 29.5%
Debt / equity 0.0x 0.7x
Net debt / EBITDA 2.4x 1.0x
Debt / FCF -0.1x 2.2x
Liabilities / assets 13.5% 60.1%
Equity / assets 86.5% 39.9%
Interest coverage -341.7x –
Current ratio 10.7x 1.9x
Quick ratio 8.0x 1.0x
Cash ratio 7.5x 0.3x
Altman Z-score – 7.74

Shareholder Returns

7 metrics
MetricNNDMLECO
Dividend yield – 1.1%
Net buyback yield – 1.8%
Shareholder yield – 2.9%
Payout ratio (earnings) – 30.0%
Payout ratio (FCF) – 33.7%
Dividend growth (1Y) – 3.5%
Dividend CAGR (3Y) – 6.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNNDMLECO
Forward P/E – 24.3xFY2026
EPS, next fiscal year – $11.62FY2026
EPS growth, next FY – +17.7%FY2026
EPS growth, the year after – +0.4%
Revenue, next fiscal year – $4.84BFY2026
Revenue growth, next FY – +14.5%FY2026
Revenue growth, the year after – +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNNDMLECO
Held by institutions 31.9% 81.3%
Institutions holding 107 701
Change in shares held, QoQ +13.9% +5.5%
Institutions buying 51 297
Institutions selling 25 266
Buyers to sellers 2.04 1.12

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NNDMLECO
NNDM 1.00 0.08
LECO 0.08 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, NNDM and LECO?

Lincoln Electric Holdings (LECO) is the largest by market capitalisation: Nano Dimension (NNDM) $301.50M, Lincoln Electric Holdings (LECO) $15.29B.

Which company is growing faster?

Nano Dimension (NNDM) grew revenue fastest over the trailing twelve months: Nano Dimension (NNDM) +73.5%, Lincoln Electric Holdings (LECO) +11.1%.

Which company is more profitable?

Lincoln Electric Holdings (LECO) has the highest net margin (Nano Dimension (NNDM) -349.5%, Lincoln Electric Holdings (LECO) 12.4%). On return on invested capital, Lincoln Electric Holdings (LECO) leads (Nano Dimension (NNDM) -28.1%, Lincoln Electric Holdings (LECO) 22.6%).

Which stock has performed better?

Over the past year Lincoln Electric Holdings (LECO) returned the most: Nano Dimension (NNDM) -17.8%, Lincoln Electric Holdings (LECO) +16.6%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (Nano Dimension (NNDM) -24.6%/yr, Lincoln Electric Holdings (LECO) +15.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Lincoln Electric Holdings (LECO) 1.12%. Nano Dimension (NNDM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Lincoln Electric Holdings (LECO) has been the steadiest (Nano Dimension (NNDM) 53.1%, Lincoln Electric Holdings (LECO) 30.8%). Volatility measures how widely the price swings, not the risk of the business.

Do NNDM and LECO move together?

Their daily returns over the past year have a correlation of 0.08, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, NNDM and LECO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lincoln Electric Holdings (LECO) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.