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 | $1,647 | -15 |
| 2 | Bright Laser | $1,558 | +137 |
| 3 | Farsoon | $1,410 | +165 |
| 4 | Proto Labs | $932 | +34 |
| 5 | Stratasys | $641 | -11 |
| 6 | Nano Dimension | $538 | +12 |
| 7 | Materialise | $451 | +16 |
| 8 | 3D Systems | $418 | -24 |
| 9 | Titomic | $191 | +57 |
| 10 | Desktop Metal | $73 | -17 |
| 11 | Markforged | $71 | +1 |
| 12 | AML3D | $57 | -6 |
| 13 | BigRep | $26 | -1 |
| 14 | Aurora Labs | $22 | +1 |
| 15 | Massivit | $10 | -2 |
| 16 | Freemelt | $6 | +4 |
| 17 | Steakholder Foods | $5 | -0 |
| 18 | Sygnis | $3 | -0 |
| TOTAL | $8,058 | +338 |
This week saw massive gains on most markets, with some, like NASDAQ, growing more than four percent in a single week. As it turned out, the leaderboard total grew by about the same amount.
The two large Chinese companies on the leaderboard, Bright Laser and Farsoon, both grew notably, with increases of 10 and 13% respectively.
Titomic continued its incredibly volatile pattern, with a gain of over 42% in value this week. Once again, no official news from the company triggered this move. This company has suffered wild swings in valuation from week to week, and it seems quite unpredictable.
Desktop Metal fell by almost 19% this week. This is no doubt due to the change in management at Nano Dimension, which had previously struck a merger deal with Desktop Metal. However, in the past couple of weeks the management and board of Nano Dimension has completely changed, and it’s possible the new leaders may cancel the Desktop Metal deal entirely. The market seems to be re-valuing Desktop Metal in light of this possibility, which now sits at US$73M.
3D Systems lost over five percent this week, and combined with Materialise’s rise of 3.7% places 3D Systems in eighth place on the leaderboard. This matches the lowest position the company has held since we launched the leaderboard.
You’ll note that Velo3D does not appear on this week’s leaderboard. That’s because our data feed is presenting what appears to be invalid results for that company. There may be some changes as a result of the company’s recent ownership change, which haven’t percolated through the feeds. We’re expecting to have them back soon.
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!
mailto:info@fabbaloo.com
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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