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 | Xometry | $3,321 | +858 |
| 2 | Farsoon | $3,155 | +508 |
| 3 | Bright Laser | $2,872 | -40 |
| 4 | Proto Labs | $1,160 | -28 |
| 5 | Stratasys | $808 | -92 |
| 6 | Materialise | $341 | -33 |
| 7 | Nano Dimension | $332 | -45 |
| 8 | 3D Systems | $286 | -81 |
| 9 | Titomic | $244 | -37 |
| 10 | Velo3D | $94 | -15 |
| 11 | AML3D | $61 | -7 |
| 12 | Sygnis | $15 | -0 |
| 13 | Aurora Labs | $14 | -2 |
| 14 | Massivit | $8 | -1 |
| 15 | Freemelt | $6 | +0 |
| 16 | Steakholder Foods | $2 | -0 |
| TOTAL | $12,719 | +985 |
This week saw significant drawdowns on major markets, and there must have been plenty of disappointment all around. However, the leaderboard rose massively — over eight percent. What was the cause of this divergence?
It turns out it really wasn’t a divergence. While most of the 3D company valuations fell significantly, two companies floated the boat and accounted for the majority of the leaderboard rise.
Stratasys, Nano Dimension, Titomic, Velo3D, AML3D, Aurora Labs and most others all suffered double-digit declines. Meanwhile, Farsoon rose over 19%, and Xometry rose an incredible 35%. Xometry’s boost was so significant they now occupy top spot on the leaderboard.
Farsoon’s rise did not seem to have any specific announcement that triggered the buying patterns. It is quite possible that the company’s metal technology and recent expansions into Europe and other locations could be viewed favorably by investors. The company had previously announced a new stock plan for employees, indicating internal confidence in future operations. All of this evidently added up to an increase in the valuation.
Xometry was the big star this week with a massive 35% rise in value. Unlike Farsoon, this boost was more explainable: the company announced financials that beat estimates and reported a 23% rise in revenue. That, along with improving ratios, triggered positive analyst recommendations.
One the negative side, 3D Systems’ valuation fell a massive 22% this week. This was caused by their financials, which reported notable declines in revenue, particularly in key segments, such as healthcare. As the company has held investor concerns for some time, they are likely less tolerant of changes of this magnitude, resulting in the declines. Of particular concern is the healthcare segment, which was one that the company was counting on for future growth.
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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