Once again we take a look at the valuations of the major 3D printing companies over the past week.
Publicly traded companies are required to post their financial reports, as well as appear on stock markets. From there we can calculate the total value of their company by multiplying the current stock price by the number of outstanding shares. This number is the market capitalization, and represents the current valuation of the company.
It’s a great number of compare companies, as the market capitalization can be leveraged to provide more capabilities for the company. Shares could, for example, be used as collateral for a loan. That and similar maneuvers could generate cash with which the company might undertake new projects.
In other words, “market cap”, as it is known, is quite important.
You might think it’s not important to monitor these companies each week, as their value is realized only when stocks are sold. However, events happen to companies occasionally that cause their value to rise and fall, and this weekly post is where we track such things.
Note that our list here does not include all major 3D print companies. Not all 3D print companies are publicly traded, and thus we cannot officially know their true size, such as EOS. Others, like HP or Siemens, have very large 3D printing divisions, but are part a much larger enterprises and we cannot know the true size of their 3D printing activities.
Let’s take a look at the 3D printing companies on this week’s list.
3D Printing Leaderboard
| RANK | COMPANY | CAP | CHG |
| 1 | Farsoon | $2,937 | -183 |
| 2 | Bright Laser | $2,883 | -107 |
| 3 | Xometry | $2,837 | +104 |
| 4 | Proto Labs | $1,203 | -4 |
| 5 | Stratasys | $989 | +93 |
| 6 | 3D Systems | $399 | +85 |
| 7 | Nano Dimension | $347 | +44 |
| 8 | Materialise | $332 | +19 |
| 9 | Titomic | $265 | -2 |
| 10 | AML3D | $99 | -4 |
| 11 | Velo3D | $60 | -4 |
| 12 | Sygnis | $15 | +3 |
| 13 | Aurora Labs | $12 | -0 |
| 14 | Massivit | $8 | -0 |
| 15 | Freemelt | $6 | -0 |
| 16 | Steakholder Foods | $3 | +0 |
| TOTAL | $12,395 | +44 |
This week saw mixed results on most of the major markets, and correspondingly the leaderboard total was pretty much flat this week.
However, there were plenty of big shifts this week, apparently mixing with a number of declines to average out to near zero in total.
At the top of the leaderboard the two Chinese companies, Farsoon and Bright Laser, both saw declines of 4-6% in valuation. This is almost certainly profit taking after last week’s boost. While the percentage change is small, their shifts represented most of the leaderboard’s downward movement this week.
Meanwhile, there were several other companies that saw substantial rises in valuation.
The biggest was Sygnis, which rose a spectacular 30% this week. This is likely due to increasing activity around their growing drone manufacturing project. They have signed deals with partners, issued LOIs for mass production, planning new factories, in talks for investment from private equity funds, planning a production center for Ukrainian army, and more. Given the now-unleashed military budgets, they should have a clear path to a great deal of increased revenue. Investors are clearly noting this.
3D Systems rose 27% this week on news of an important sale to the USAF. A large metal 3D printing system was in play, which may be interpreted by investors as the first of many similar sales, should the technology work out.
Nano Dimension rose 14% this week, perhaps due to optimism triggered by the announcement of a new CEO in recent weeks. This rise vaults Nano Dimension over Materialise for seventh place.
Finally, Stratasys rose ten percent this week. This could be due to reasonably good financials recently released, and growing momentum among analysts. Stratasys seems to be in better financial position than many of its rivals.
Upcoming Changes
We’ve heard very little about companies intending to become publicly traded recently. This is due to the ongoing lack of investor interest in the technology. The technology’s reputation has suffered immensely in the investment community because of multiple large-scale investment failures in the past few years.
One change we are expecting is the addition of Creality, which recently filed documents to trade on the Hong Kong exchange.
If you are aware of any other publicly-traded 3D print companies that should be on our leaderboard, please let us know!
Others In The Industry
While we’ve been following the public companies, don’t forget there are a number of private companies that don’t appear on any stock exchange. These privately-held companies likely have significant value, it’s just that we can’t know exactly what it is at any moment. The suspected bigger companies include EOS, Carbon and Formlabs.
Perhaps someday some of them will appear on our major players list.
Related Companies
Finally, there are a number of companies that are deeply engaged in the 3D print industry, but that activity is only a small slice of their operations. Thus it’s not fair to place them on the lists above because we don’t really know where their true 3D print activities lie.
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