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 | Bright Laser | $2,942 | +59 |
| 2 | Farsoon | $2,888 | -49 |
| 3 | Xometry | $2,617 | -220 |
| 4 | Proto Labs | $1,185 | -18 |
| 5 | Stratasys | $990 | +2 |
| 6 | 3D Systems | $400 | +1 |
| 7 | Materialise | $363 | +31 |
| 8 | Titomic | $357 | +93 |
| 9 | Nano Dimension | $349 | +2 |
| 10 | AML3D | $89 | -10 |
| 11 | Velo3D | $71 | +11 |
| 12 | Sygnis | $14 | -1 |
| 13 | Aurora Labs | $14 | +2 |
| 14 | Massivit | $8 | +0 |
| 15 | Freemelt | $7 | +1 |
| 16 | Steakholder Foods | $3 | -0 |
| TOTAL | $12,298 | -97 |
This week saw a mostly flat week, with a couple of 3D companies making big shifts.
Farsoon and Bright Laser swapped positions, as their current valuations are very close. Slight changes in their stock price can bounce them around on the leaderboard, and nothing major appears to have occurred this week.
Xometry fell around eight percent. This is likely due to profit taking, as the company’s valuation grew quite a bit in recent weeks. Investors were very likely cashing out, causing the dip in valuation.
Titomic rose a huge 35% in value this week. While the company issued no specific notices this week, it’s possible that investors are finally realizing that the Australian company has begun an expansion into Europe. As they focus on metal 3D printing, that should be a very attractive position with increased interest in additively manufactured metal parts.
In contrast, AML3D fell about ten percent this week. This could be due to news that the company’s founder/CTO recently sold nearly five percent of the company. It may be that investors viewed this as a negative signal, causing the drop in valuation.
Speaking of Australian metal 3D printing companies, Aurora Labs grew almost 15% this week. Investors may have noticed that the company is moving forward with a contract for the Australian Defence Force. There’s also the matter of the expiry of seven million options that were not exercised. This basically takes out much potential for dilution, making things a bit better for other investors.
Finally, we have Velo3D, which recently returned to the public markets. This week the company’s valuation grew almost 19%. They released two announcements in the past week. One dealt with a their partnership with Dendrite, which should lead to additional business. The other announcement revealed they had achieved AS9100D certification. While neither is a blockbuster announcement, it could be that investors see the company moving forward on a weekly basis. That might spark some positive sentiment among investors, which could have led to this week’s boost.
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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