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 | $5,531 | -1139 |
| 2 | Xometry | $4,936 | -368 |
| 3 | Bright Laser | $4,343 | -117 |
| 4 | Shining 3D | $2,459 | 0 |
| 5 | Proto Labs | $1,961 | +13 |
| 6 | Creality | $1,560 | -264 |
| 7 | Stratasys | $676 | -25 |
| 8 | 3D Systems | $552 | -23 |
| 9 | Materialise | $461 | +21 |
| 10 | Velo3D | $339 | -35 |
| 11 | Nano Dimension | $323 | -19 |
| 12 | Titomic | $142 | -20 |
| 13 | 6K Additive | $95 | -8 |
| 14 | AML3D | $59 | -2 |
| 15 | Aurora Labs | $14 | -3 |
| 16 | Massivit | $12 | -0 |
| 17 | Freemelt | $7 | +3 |
| 18 | Sygnis | $7 | +0 |
| 19 | Steakholder Foods | $3 | -0 |
| TOTAL | $23,478 | -1986 |
This week saw sub-percentage declines on Western markets, but the Shanghai index fell almost a percent and a half. This was definitely reflected in this week’s results, which were quite interesting. Overall, the leaderboard’s total fell by almost eight percent.
At the top of the leaderboard, Farsoon fell a huge 17% in value. They lost more than US$1100M this week, an amount more than the value of most of the companies on the leaderboard. Why? It’s because there has been a run on aerospace and defence-related companies on Chinese markets in recent weeks. However, it seems that has come to an end, and Farsoon fell along with many others, as the market seemed to crash on Friday.
Interestingly, Bright Laser, the other Chinese metal 3D printing company on the leaderboard, fell only two percent. That tracks because Bright Laser did not gain much from the market run-up in the last few weeks. No big gain, no big loss, the opposite of Farsoon.
Xometry fell seven percent, about average for the week. No official news drove this shift, so it is very likely due to investors finding a comfortable valuation this week.
Freemelt grew a whopping 89% in value this week. This is due to their announcement of a US$6M deal with Fusion for Energy, the organization involved with ITER, the European fusion energy project. Freemelt is to produce an enormous number of tungsten components, and perhaps even more if the contract is extended. Freemelt also recently announced they are now to deliver production equipment, rather than the prototype/lab equipment versions they have up until now. They’re also to become a print service, which goes in hand with the ITER deal. All together, this was more than enough to rocket their valuation skyward.
Creality fell about 15% this week, which is likely a combination of a lousy Chinese market and some profit-taking after recent gains.
Velo3D did its usual volatile move by falling ten percent in value this week. It seems that this particular stock is subject to intense technical analysis by investors, who drive the company’s value up and down weekly.
Steakholder Foods fell marginally, about four percent this week. It seems that investors really don’t seem to care about the fact that the company is about to release its 3D-printed steak products into the US retail market.
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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