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 | Bright Laser | $2,272 | -122 |
| 2 | Farsoon | $1,922 | -174 |
| 3 | Xometry | $1,697 | -41 |
| 4 | Proto Labs | $875 | -101 |
| 5 | Stratasys | $747 | -61 |
| 6 | Nano Dimension | $337 | -2 |
| 7 | Materialise | $299 | -17 |
| 8 | Titomic | $248 | -16 |
| 9 | 3D Systems | $220 | -15 |
| 10 | AML3D | $54 | +2 |
| 11 | Aurora Labs | $14 | -0 |
| 12 | Freemelt | $7 | +3 |
| 13 | Massivit | $6 | -1 |
| 14 | Sygnis | $5 | +0 |
| 15 | Steakholder Foods | $2 | -0 |
| TOTAL | $8,706 | -545 |
This week saw drops in the two percentage point range from most of the major markets, likely pulling back from the curious rise in the past two weeks. With all the bad news afloat, it was surprising to see that rise, but perhaps now more sober views are causing the drop this week.
With a bad week on the markets in general, it was inevitable that the leaderboard would fall, and indeed it did to the tune of more than five percent.
Surprisingly, there was little deviation from that, as most companies were flat or down this week. There were no dramatic rises or falls as often happens with this group of companies.
Proto Labs fell over ten percent, which was the biggest drop of the week. This puts them back to where they were a month ago. The only news this week was the company’s announcement of a new CEO, Suresh Krishna. Krishna was previously CEO at a tool retailer. Could it be that the market reacted negatively to this news? Or perhaps the stock value was seen to be too high after a series of bumps in the previous weeks?
Stratasys fell almost eight percent this week, a bit more than the average. This is likely pull back from the boost they’ve received over the past three weeks in anticipation of good financials. The financials came out and were reasonable, so perhaps some profit taking occurred.
Nano Dimension was unique in that among the larger players they were flat this week. Investors seem to have figured out the base level for this company’s valuation over the past couple of weeks, after the sudden regime change.
3D Systems fell six percent this week, continuing the downward pattern seen after their financials, which were not particularly well received by investors. Their valuation this week is a mere US$220M, 95.5% off their leaderboard high a couple of years ago.
If there was a winner this week, it would be AML3D. The Australian company produces metal 3D printing equipment, and has been on an upward trend lately. This is likely due to their ongoing work with military organizations, which seem to be spending more these days.
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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