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 | $3,404 | +335 |
| 2 | Bright Laser | $3,046 | +360 |
| 3 | Xometry | $2,996 | +129 |
| 4 | Proto Labs | $1,203 | +47 |
| 5 | Stratasys | $751 | +21 |
| 6 | Nano Dimension | $383 | +38 |
| 7 | Materialise | $364 | +11 |
| 8 | 3D Systems | $268 | +17 |
| 9 | Titomic | $206 | +8 |
| 10 | Velo3D | $112 | +9 |
| 11 | AML3D | $62 | -1 |
| 12 | Sygnis | $14 | -0 |
| 13 | Aurora Labs | $13 | -0 |
| 14 | Massivit | $8 | -0 |
| 15 | Freemelt | $6 | +1 |
| 16 | Steakholder Foods | $2 | +0 |
| TOTAL | $12,836 | +974 |
This week saw massive increases on all markets, with the tech-heavy NASDAQ rising a whopping 5.5%. This was definitely good news for the 3D companies on the leaderboard, which raised its total by over eight percent this week. Of course, the rise was not distributed equally.
At the top of the leaderboard the two Chinese companies seemed to benefit most. Farsoon rose nearly eleven percent, while Bright Laser jumped more than 13%. No particular news drove these leaps in valuations, but instead it seems market fluctuations were responsible. Last week there was a sell off of Chinese stocks, and it seems that this week is the rebound.
However, Bright Laser was called out by analysts, while Farsoon reported a new large contract. It appears these helped drive the two valuations much higher. The valuations of these two companies is about half of the entire leaderboard total at this point.
Most of the other companies went along with the trend, gaining a few percent typically. One exception was Nano Dimension, which rose eleven percent. This was likely due to their recent financials, which showed that the company’s quarterly revenues rose 81% YoY — although most of that was due to their Markforged acquisition. Nevertheless, the gains were enough to impress investors.
Velo3D also gained more than most other companies with an eight percent boost. Here it seems that there has been a delay for investors to recognize the company’s recently released financials, which is typical for smaller companies. They showed that the company increased revenue, but more importantly has a very significant backlog of orders: future money always looks good to investors.
Finally, we have Aurora Labs, which fell almost four percent this week. In a week where the average was a gain of eight percent, a drop of four percent is significant. This is likely due to the issuance of a tranche of shares that was announced in October. This week the second tranche hit the market, causing more float and therefore a drop in the stock price.
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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