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 | $4,547 | -447 |
| 2 | Bright Laser | $4,041 | -884 |
| 3 | Xometry | $3,384 | +456 |
| 4 | Proto Labs | $1,591 | +344 |
| 5 | Stratasys | $961 | +47 |
| 6 | Nano Dimension | $406 | +32 |
| 7 | Velo3D | $350 | +25 |
| 8 | Materialise | $337 | +18 |
| 9 | 3D Systems | $321 | -6 |
| 10 | Titomic | $237 | -42 |
| 11 | 6K Additive | $100 | -24 |
| 12 | AML3D | $58 | -13 |
| 13 | Aurora Labs | $18 | +1 |
| 14 | Sygnis | $13 | -3 |
| 15 | Massivit | $11 | -1 |
| 16 | Freemelt | $5 | -0 |
| 17 | Steakholder Foods | $1 | -0 |
| TOTAL | $16,381 | -498 |
This week saw mixed signals on the major markets, with some going up substantially, while others fell similar amounts. The leaderboard took the negative path, falling around three percent. Many companies were flat this week, but several were dramatically up … or down.
At the top of the leaderbaord Bright Laser, fell significantly, losing around 18% of its value. The Chinese company’s valuation has been zooming upward lately, with first place on the leaderboard switching between them and Farsoon. Why did Bright Laser fall so notably this week, while other companies in a similar business did well? It may have something to do with a regulatory matter. Sohu reports:
“The company has been filed by the China Securities Regulatory Commission for suspected illegal information disclosure, and has not yet received a concluding opinion.”
Something like that can certainly disturb investor sentiment about any company. The drop allowed Farsoon to resume their spot at the top of the leaderboard.
Proto Labs leapt upwards by nearly 28%, a significant gain. This is certainly due to their latest financials, which show record revenue and expectations of further growth.
Xometry also gained about 16% this week, likely boosted by the Proto Labs results (they are competitors) and reports of aerospace and defense companies looking for Xometry-like services.
Nano Dimension grew eight percent this week, probably due to some unusual corporate activity. It was disclosed that Oramed, a pharmaceutical company, owns around five percent of the company, suggesting potential future applications. In addition, the company adopted a “poison pill” shareholder rights plan, which is often done in advance of takeover activity. Combined, these gave investors hope and pushed the valuation upwards.
6K Additive fell nearly 20% this week, possibly due to profit taking after their recent IPO, as there were no official announcements to drive this shift.
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.
