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 | $5,585 | +198 |
| 2 | Xometry | $4,427 | -682 |
| 3 | Bright Laser | $3,990 | +138 |
| 4 | Shining 3D | $2,459 | 0 |
| 5 | Proto Labs | $1,728 | -74 |
| 6 | Creality | $1,442 | -131 |
| 7 | Stratasys | $768 | -147 |
| 8 | Velo3D | $472 | -243 |
| 9 | 3D Systems | $428 | -97 |
| 10 | Materialise | $402 | +20 |
| 11 | Nano Dimension | $326 | -40 |
| 12 | Titomic | $266 | -11 |
| 13 | 6K Additive | $77 | -15 |
| 14 | AML3D | $59 | -1 |
| 15 | Massivit | $21 | -4 |
| 16 | Aurora Labs | $20 | -2 |
| 17 | Sygnis | $8 | -0 |
| 18 | Freemelt | $4 | +0 |
| 19 | Steakholder Foods | $2 | -0 |
| TOTAL | $22,485 | -1091 |
This week saw flat or negative results on most exchanges, after weeks of weirdly positive gains. You’d think in such a troubled world company valuations might be down, but, well, here we are.
The leaderboard also went down, about the same amount as the NASDAQ, four percent. As usual, there were some winners and losers. Mostly losers, though.
Xometry, which rose precipitously in the past few weeks, dropped a huge 13% in valuation this week. The rise was credited to their stellar financials, but it seems that the shine has left that news behind, and now it’s back to normal. The valuation seems to be stabilizing at what could be a “normal” level.
Farsoon actually continued rising, this week four percent. That’s in spite of negative results elsewhere on the leaderboard. This is likely showing us the incredibly positive sentiment investors seem to have with the company.
Creality, a newcomer to the leaderboard last week, fell eight percent. This is not uncommon after the buzz of the initial appearance on the exchange. It seems their true value is a bit less than the hypey levels of last week.
Stratasys fell 16% this week, likely a carryover from previously released financials, which were not as good as some others on the leaderboard. It also appears that their surprise acquisition of Markforged didn’t affect their valuation significantly, even though they spent US$42M on the acquisition.
Velo3D fell a whopping 34%, helping maintain the company’s reputation as being one of the most volatile 3D print stocks. While they did announce various financial restructuring earlier, it seems that investors are getting impatient for results.
Finally, 3D Systems fell almost 19% this week. That’s almost certainly due to their surprise announcement of a US$50M share offering, which dilutes current shareholders. The company valuation was reset by investors accordingly.
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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