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 | $2,912 | +178 |
| 2 | Farsoon | $2,647 | -115 |
| 3 | Xometry | $2,472 | -56 |
| 4 | Proto Labs | $1,188 | -117 |
| 5 | Stratasys | $906 | -114 |
| 6 | Nano Dimension | $378 | +11 |
| 7 | Materialise | $372 | +15 |
| 8 | 3D Systems | $369 | -33 |
| 9 | Titomic | $281 | +21 |
| 10 | Velo3D | $109 | +4 |
| 11 | AML3D | $69 | -7 |
| 12 | Aurora Labs | $16 | +0 |
| 13 | Sygnis | $15 | -4 |
| 14 | Massivit | $9 | +2 |
| 15 | Freemelt | $5 | -0 |
| 16 | Steakholder Foods | $2 | -0 |
| TOTAL | $11,749 | -216 |
This week saw mostly flat markets, with tech stocks rising a bit as the NASDAQ was up not quite a percent. Unfortunately the leaderboard actually dropped almost two percent this week.
Proto Labs fell sharply on Friday — nine percent on the week, after the company released their quarterly financials. The company dropped their guidance for next quarter, causing investors to be a bit spooked and sparking a slight sell off.
Both Stratasys and 3D Systems fell in valuation this week, some eleven and eight percent respectively. No particular news drove the downward shift, but it may be that investors are looking for improved financial signs from the two companies regarding growth. Both also likely suffer somewhat from a downgraded view of the 3D printing industry as a whole, and as two of the most widely traded companies in the space, they get noticed.
At the top of the leaderboard, Bright Laser and Farsoon swapped places. It seems that Bright Laser announced strong financials this week, while Farsoon’s net profit fell slightly. This was apparently enough for investors to nudge the valuations up and down.
Sygnis fell 20% this week, which is substantial. However, the company’s value had skyrocketed, and it’s likely this is simply profit taking by previous investors.
Massivit rose almost 24% this week, and there seems to be no obvious reason for this spike. The valuation began rising on the 28th, and continued for three days. Someone is interested in this company, and I’d like to know why.
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.
Investment Disclaimer
The information provided by this publication is for general informational and educational purposes only. It is not intended as investment, financial, legal, or other professional advice and should not be construed as a recommendation to buy, sell, or hold any security or financial product.
The content herein reflects the opinions of the author and is based on publicly available information, which is believed to be reliable but is not guaranteed as to accuracy, completeness, or timeliness. The author assumes no responsibility for errors or omissions in the information provided.
Investing involves risks, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should always seek advice from a licensed financial advisor or other qualified professionals who understand your individual situation, goals, and risk tolerance.
This blog may include discussions about securities or other financial products that are subject to jurisdictional restrictions. Readers are responsible for ensuring compliance with applicable laws in their country of residence. The author disclaims all liability for any losses incurred as a result of using the information provided herein.
