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 | Xometry | $5,095 | -116 |
| 2 | Farsoon | $3,710 | -49 |
| 3 | Bright Laser | $3,474 | +127 |
| 4 | Shining 3D | $2,459 | 0 |
| 5 | Proto Labs | $2,048 | -1 |
| 6 | Creality | $1,606 | +119 |
| 7 | Stratasys | $599 | -12 |
| 8 | 3D Systems | $505 | +47 |
| 9 | Materialise | $480 | +7 |
| 10 | Velo3D | $213 | -5 |
| 11 | Titomic | $121 | -22 |
| 12 | 6K Additive | $76 | -6 |
| 13 | AML3D | $42 | -3 |
| 14 | Aurora Labs | $21 | +1 |
| 15 | Massivit | $10 | -1 |
| 16 | Freemelt | $7 | -0 |
| 17 | Sygnis | $7 | -0 |
| 18 | Steakholder Foods | $0 | -0 |
| TOTAL | $20,473 | +85 |
This week saw flat or negative results on most major exchanges, and that was pretty much the story for the 3D print companies this week.
3D Systems was the winner of the week, gaining about ten percent in value. The key to this gain could have been the company’s announcement of a new industrial technology centre, located in Colorado. The idea of this new space is to help specific industries, namely aerospace, defense, and semiconductors. All of those are hot investor topics these days, so it is not surprising that investors took a shine to the company this week.
Creality was not far behind, gaining eight percent in value this week. Here there was no specific company announcement, aside from their recent launch of the SPARKX i8 system, and the upcoming K3 system. However, they are still a new publicly traded stock and investors are still discovering them. It also doesn’t hurt that their stock is now included in Southbound Stock Connect, which allows mainland Chinese investors to participate. In other words, investors like Creality.
The two largest Chinese 3D print companies, Farsoon and Bright Laser, took different paths this week. For a long time Bright Laser was the larger entity, but after a big run-up, Farsoon grew far larger than Bright Laser. But in recent weeks Farsoon has been dropping, but Bright Laser is holding their own. After dropping a percent this week by Farsoon, and Bright Laser’s gain of four percent, the two companies are only US$300M apart.
Finally, an update on BigRep, which had haunted our leaderboard for a couple of years. This past week they formally announced that they have gone private after a series of corporate moves. This was anticipated during the summer, when the company was sold to a group of investors, and we subsequently removed them from the leaderboard.
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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