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 | $4,676 | +34 |
| 2 | Bright Laser | $3,308 | -568 |
| 3 | Xometry | $2,473 | -88 |
| 4 | Proto Labs | $1,537 | +3 |
| 5 | Stratasys | $743 | -15 |
| 6 | Velo3D | $455 | +160 |
| 7 | Nano Dimension | $374 | +6 |
| 8 | Materialise | $340 | -1 |
| 9 | 3D Systems | $330 | +3 |
| 10 | Titomic | $316 | -36 |
| 11 | 6K Additive | $99 | +2 |
| 12 | AML3D | $80 | -1 |
| 13 | Massivit | $28 | +12 |
| 14 | Aurora Labs | $23 | +2 |
| 15 | Sygnis | $10 | -0 |
| 16 | Freemelt | $5 | -0 |
| 17 | Steakholder Foods | $1 | -0 |
| TOTAL | $14,799 | -487 |
This week saw modest gains on most exchanges, in spite of the big jump last week. I would have thought there would have been a dip due to profit-taking, but apparently not.
Meanwhile, the 3D print leaderboard actually fell about three percent this week, somewhat counteracting last week’s bump. Profit-taking did take place, obviously.
Most companies were flat during the week, echoing the market trends. However, few companies went up and down.
One that went down hard was Xometry, which appears to be the victim of profit-taking. The company recently rose, and apparently it was time to cash in, at least for some investors.
A similar situation likely occurred with Titomic, which fell about ten percent this week: more profit-taking after some good positive bumps.
Velo3D had a massive week, gaining about 54% in value. This is likely due to the company announcing a US$10M five-year contract to support the Defense Logistics Agency’s JAMA Pilot Parts Program. Evidently, this may have persuaded investors that the company is taking a turn toward military applications, a profitable sector these days.
Another item might have had an effect on Velo3D. Last week, SpaceX rolled out its latest Starship booster, equipped with 3D-printed Raptor 3 engines. Media reports posted close-up images of these metal engines, clearly showing the layer lines from the 3D printing process. I even saw mass media outlets explaining how this engine was 3D-printed in nearly a single piece, vastly simplifying operations and production. It may be that these media reports drove more investors towards Velo3D, which supplies SpaceX extensively.
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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