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 | $5,859 | +328 |
| 2 | Xometry | $5,571 | +635 |
| 3 | Bright Laser | $4,400 | +57 |
| 4 | Shining 3D | $2,459 | 0 |
| 5 | Proto Labs | $2,099 | +138 |
| 6 | Creality | $1,570 | +10 |
| 7 | Stratasys | $701 | +25 |
| 8 | 3D Systems | $603 | +52 |
| 9 | Materialise | $398 | -62 |
| 10 | Velo3D | $340 | +2 |
| 11 | Nano Dimension | $331 | +8 |
| 12 | Titomic | $153 | +12 |
| 13 | 6K Additive | $92 | -2 |
| 14 | AML3D | $61 | +2 |
| 15 | Aurora Labs | $18 | +4 |
| 16 | Massivit | $14 | +1 |
| 17 | Freemelt | $7 | -0 |
| 18 | Sygnis | $6 | -1 |
| 19 | Steakholder Foods | $2 | -0 |
| TOTAL | $24,684 | +1206 |
This week saw mostly good results on major exchanges worldwide, with some exceptions. In general, the 3D print companies on the leaderboard did quite well, with the grand total moving up five percent. Of course, the benefits were not all equally shared.
Xometry is probably the most interesting mover of the week, jumping up around 13% in value. The company’s stock price jumped up a few percent on each of several days this week. The big item of news might have been their announcement of an integration with TradeCentric, which should allow the Xometry marketplace to appear in over 220 enterprise procurement systems. That should generate a substantial amount of added business. In addition, one of the analyst companies rated the company “Outperform”, all of which must have led to the increase.
Another big mover this week was 3D Systems, which gained nine percent in value. The event happened on Thursday, when an analyst re-rated the company as “Buy” with a higher target share value. This caused a run on the stock, leading to the valuation increase.
Proto Labs also bumped five percent this week, but without specific news. It may be that the buzz on Xometry somehow rubbed off on Proto Labs, which operates a somewhat similar business model.
Stratasys rose three percent, but this could change next week due to the news that the company is likely to win a settlement with Bambu Lab over a patent infringement claim. We will have more information on this next week. The announcement was late in the day, so its effect may not yet have baked into the company’s valuation.
Titomic rose eight percent this week, after last week’s fall due to a dilution financing announcement. This week it seems they countered that bad news with some good news about additional military contracts for the USAF.
Aurora Labs jumped a whopping 29% this week. The Australian metal 3D printer manufacturer did not publish any relevant news to justify this valuation change, so it is very likely due to investor speculation on their strengthening defence/aerospace capabilities, combined with a rather small market cap.
Finally, there’s Velo3D. Velo3D was flat this week.
I just wanted to mention that because the company usually is dramatically up or down each week. Somehow this week they didn’t do either, so I guess that is a bit of news.
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.
Investment Disclaimer
The information provided by this publication is for general informational and educational purposes only. It is not intended as investment, financial, legal, or other professional advice and should not be construed as a recommendation to buy, sell, or hold any security or financial product.
The content herein reflects the opinions of the author and is based on publicly available information, which is believed to be reliable but is not guaranteed as to accuracy, completeness, or timeliness. The author assumes no responsibility for errors or omissions in the information provided.
Investing involves risks, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should always seek advice from a licensed financial advisor or other qualified professionals who understand your individual situation, goals, and risk tolerance.
This blog may include discussions about securities or other financial products that are subject to jurisdictional restrictions. Readers are responsible for ensuring compliance with applicable laws in their country of residence. The author disclaims all liability for any losses incurred as a result of using the information provided herein.
