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 | $5,765 | +194 |
| 2 | Farsoon | $5,355 | -504 |
| 3 | Bright Laser | $4,424 | +24 |
| 4 | Shining 3D | $2,459 | 0 |
| 5 | Proto Labs | $2,302 | +203 |
| 6 | Creality | $1,908 | +338 |
| 7 | Stratasys | $723 | +23 |
| 8 | 3D Systems | $593 | -10 |
| 9 | Materialise | $495 | +37 |
| 10 | Velo3D | $363 | +23 |
| 11 | Nano Dimension | $331 | -0 |
| 12 | Titomic | $151 | -2 |
| 13 | 6K Additive | $79 | -14 |
| 14 | AML3D | $58 | -3 |
| 15 | Aurora Labs | $16 | -2 |
| 16 | Massivit | $12 | -1 |
| 17 | Sygnis | $6 | -0 |
| 18 | Freemelt | $5 | -1 |
| 19 | Steakholder Foods | $2 | -0 |
| TOTAL | $25,048 | +365 |
This week saw mixed results on the markets in general, although tech stocks looked to be up in many exchanges.
There’s a change at the top of the leaderboard. Xometry has taken over the top spot from Farsoon, which fell almost nine percent this week. Why did they fall so much? With no official news to drive this swing, it seems that the enthusiasm that drove the price way up in previous weeks is beginning to wane. Remember, for a long time Farsoon was valued less than Bright Laser. Farsoon has been unnaturally higher than Bright Laser for several months now.
Meanwhile, Xometry rose 3.5% this week, as investors seem hyped on AI and advanced manufacturing. No news from the company drove this result. In fact, the company’s valuation bounced up and down during the week, so the 3.5% week-over-week figure hides quite a bit of volatility.
Proto Labs also gained almost ten percent this week, following the same pattern as Xometry. This makes sense as they are relatively similar in the eyes of investors.
The winner of the week, however, was clearly Creality, which rose an astounding 21.5%. Why? It seems there was a confluence of events that created the valuation bump. First, they launched their new Sparkx i8 system on Indiegogo, and the response was quite good: US$1.9M on the first day.
I believe this could be the very first time such a big crowdfunding launch of a 3D printer has occurred with a publicly traded manufacturer. You can see the result: a huge gain.
In addition, Creality also recently announced the upcoming K3 system with some advanced hot end tech, and that surely was viewed positively by investors. Finally, Creality was added to the Hang Seng Composite Index, making it eligible for Stock Connect. That’s a program that links Hong Kong stock companies with those of the mainland in Shanghai and Shenzhen. In other words, lots more potential investors. It is therefore not surprising their valuation jumped so high.
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.
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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