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 | $1,985 | 49 |
| 2 | Xometry | $1,641 | -124 |
| 3 | Farsoon | $1,805 | 316 |
| 4 | Proto Labs | $1,006 | -14 |
| 5 | Stratasys | $811 | -67 |
| 6 | 3D Systems | $576 | -3 |
| 7 | Materialise | $350 | -178 |
| 8 | Nano Dimension | $497 | -79 |
| 9 | Titomic | $216 | -21 |
| 10 | Desktop Metal | $82 | -7 |
| 11 | Markforged | $63 | 5 |
| 12 | AML3D | $47 | -4 |
| 13 | BigRep | $31 | 4 |
| 14 | Aurora Labs | $20 | 1 |
| 15 | Massivit | $8 | -1 |
| 16 | Steakholder Foods | $4 | 0 |
| 17 | Sygnis | $3 | 0 |
| 18 | Freemelt | $2 | 0 |
| TOTAL | $9,147 | -122 |
This week saw a huge six percent jump in the leaderboard total. On the markets, most were up a percent or less, but the tech-heavy NASDAQ rose almost two percent, suggesting some interest by investors in technical companies, which include 3D printing.
There were three companies that had abnormally large boosts in value this week.
The first was Farsoon, which trades on the Shanghai stock exchange. The company’s valuation rose by a whopping 21% this week. I searched in vain for any news or announcements to indicate a reason for this jump, but was unable to find anything. Meanwhile, the Shanghai stock exchange rose only half a percent this week, so it was not from general trends. The other Chinese company tracked is Bright Laser, but they rose only 2.5% this week. Something is up at Farsoon.
BigRep rose 57% in value this week. This may sound curious, because last week they lost 31% in value. The week before that they had rise a similar amount. For some reason this company’s value is popping up and down each week lately. There were no official announcement from the company to trigger this unusual pattern of changes.
Freemelt rose 22% this week, countering the dramatic fall last week when the company announced a new funding round that seemed to crash their valuation. It now seems that investors overreacted to the changes, and the valuation is rebalancing at a more appropriate level.
Markforged rose eight percent this week. I’ve been carefully watching this company and Desktop Metal, as both companies have pending acquisitions ongoing with Nano Dimension. The new management at Nano Dimension has questioned these moves, and it is possible they may not complete. This uncertainty is reflected in the stock prices of both companies. Markforged’s valuation fell after the management change at Nano Dimension, but now seems to be bouncing back somewhat. Desktop Metal fell four percent this week, after a bit of a boost last week.
Finally, we have 3D Systems, which rose a very healthy nine percent this week. The company seems to be making positive moves recently, and the shift this week could be in anticipation of good financial results that have yet to be presented.
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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