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 | $2,418 | +635 |
| 2 | Bright Laser | $2,207 | +290 |
| 3 | Xometry | $1,599 | -254 |
| 4 | Proto Labs | $994 | -89 |
| 5 | Stratasys | $798 | -66 |
| 6 | 3D Systems | $556 | -81 |
| 7 | Materialise | $348 | -221 |
| 8 | Nano Dimension | $498 | -56 |
| 9 | Titomic | $215 | -14 |
| 10 | Desktop Metal | $74 | -11 |
| 11 | Markforged | $54 | -8 |
| 12 | AML3D | $47 | -8 |
| 13 | BigRep | $39 | -5 |
| 14 | Aurora Labs | $20 | +3 |
| 15 | Massivit | $8 | +1 |
| 16 | Steakholder Foods | $4 | +0 |
| 17 | Sygnis | $3 | -0 |
| 18 | Freemelt | $2 | -0 |
| TOTAL | $9,886 | +116 |
This week saw pretty awful results from the markets in general, with the tech-heavy NASDAQ falling well over two percent this week.
You’d think the leaderboard would exaggerate that trend, as it usually does, but that wasn’t the case. However, it was not because the 3D print companies in general were “up” this week. Instead, there were a couple of outliers that skewed the leaderboard total quite severely.
Pretty much all companies on the leaderboard took a significant hit this week, between 8-15 percent down.
One company that suffered an even greater loss in value was Materialise, which seems to have fallen over 38% this week. That’s very significant, and corresponds to the release of their 2024 financial report. In the report, which was mostly flat, it appears that their revenue was about the same, but they increased their revenue in the medical segment. This implies that the rest of their business was down, and that might have been the trigger for the investor sell-off.
On the positive side, there were three companies in the green this week.
One was Aurora Labs, which grew a healthy 19%. The only relevant news from the company described the issuance of over a million shares, mainly for staff options programs. This might have been seen as a positive signal by investors.
The big news was at the top of the chart. Long-time leader Bright Laser has been bopped out of that spot by fellow Chinese company Farsoon.
Farsoon rose a whopping 35% this week. As far as I can tell, there was absolutely no news from Farsoon that might have triggered this valuation boost. In fact, there is no news whatsoever. I can only speculate that perhaps someone knows something about their upcoming financial report, which has in the past caused volatility in stock prices. The boost put Farsoon far at the top of the leaderboard, with a valuation about the same as Stratasys, Nano Dimension, and 3D Systems combined.
Meanwhile, Bright Laser also rose, but not quite as much. Their 15% boost this week puts them ahead of Xometry, which falls to third place.
The Shanghai Composite Index rose by about a percentage this week, so the good fortune obtained by the two Chinese companies is likely not due to general market conditions.
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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