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 | $2,228 | +117 |
| 2 | Farsoon | $2,036 | +150 |
| 3 | Xometry | $1,716 | +71 |
| 4 | Proto Labs | $953 | +49 |
| 5 | Stratasys | $819 | +69 |
| 6 | Nano Dimension | $355 | +53 |
| 7 | Materialise | $330 | +12 |
| 8 | Titomic | $242 | -15 |
| 9 | 3D Systems | $207 | +20 |
| 10 | AML3D | $67 | +15 |
| 11 | Massivit | $9 | +0 |
| 12 | Sygnis | $9 | -2 |
| 13 | Aurora Labs | $9 | -3 |
| 14 | Steakholder Foods | $7 | -0 |
| 15 | Freemelt | $6 | -0 |
| TOTAL | $8,995 | +536 |
This week saw huge gains on all markets, in the three to four percent range. Typically, this would mean the leaderboard companies would exaggerate that trend and jump quite high. Did they?
In fact, they did. The leaderboard total rose by a significant six percent. That’s enough to more than recover from the half-billion-dollar dent that appeared two weeks ago. Most companies saw very healthy valuation boosts this week.
Nano Dimension rose 18 percent this week, perhaps caused by investors noticing the company’s relatively good financial results from the other week. The company reported that they’ve cut losses by a third. However, they still have more to go to become profitable.
3D Systems’ valuation has been on a bit of a roller coaster in the past couple of weeks. Last week they had a significant drop in value due to their financial results, but this past week saw the launch of a major class-action suit against the company. The suit alleges that 3D Systems misinformed investors about the financial state of the company and seeks damages. Somehow the presence of the lawsuit did not hurt the company’s valuation at all this week, and it actually rose almost eleven percent.
AML3D rose almost 30% this week, continuing a very good run for the company. The rise is almost certainly due to their ongoing work to set up operations in the US. The company produces metal 3D printing equipment and has been targeting it at military applications. That’s an area of growth for the 3D print industry, and AML3D is taking full advantage.
Aurora Labs unexpectedly dropped 27% in value this week, with no company announcements that would have triggered this shift. It could be that some large investor decided to cash out, a move that could materially affect the value of a small-cap stock like this one.
The Iran / Israel conflict, which seems to have settled down, does not appear to have any notable effect on the valuations of the Israeli companies on the leaderboard, which include: Stratasys, Massivit, Steakholder Foods, and Nano Dimension.
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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