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 | $2,736 | -329 |
| 2 | Farsoon | $2,274 | -299 |
| 3 | Xometry | $1,275 | +46 |
| 4 | Proto Labs | $889 | -7 |
| 5 | Stratasys | $727 | +23 |
| 6 | Nano Dimension | $467 | -9 |
| 7 | 3D Systems | $350 | -3 |
| 8 | Materialise | $301 | -9 |
| 9 | Titomic | $225 | +23 |
| 10 | Desktop Metal | $74 | -9 |
| 11 | Markforged | $57 | +11 |
| 12 | AML3D | $49 | +5 |
| 13 | BigRep | $28 | -3 |
| 14 | Aurora Labs | $17 | +2 |
| 15 | Massivit | $8 | -0 |
| 16 | Steakholder Foods | $4 | +0 |
| 17 | Freemelt | $3 | -0 |
| 18 | Sygnis | $3 | -0 |
| TOTAL | $9,485 | -558 |
This week saw mixed results on the markets overall. However, tech stocks seemed to suffer more than others, suggesting we’d see problems with the leaderboard companies this week.
That was indeed the truth, as the leaderboard dropped nearly six percent on the week.
At the top of the leaderboard, Farsoon and leader Bright Laser each both fell over ten percent in value. This is unsurprising after the mysterious and still unexplained boosts in value last week. Stock prices went up, and then investors cashed out, which lowered the effective demand for the stock.
Stratasys released their financials, and this caused their valuation to rise by a mere three percent. Their financials included a mix of positive and negative signals, which seems to be interpreted by investors as “most positive”.
The two companies in corporate limbo awaiting a merger/acquisition with Nano Dimension had opposite results: Desktop Metal fell ten percent, while Markforged rose 23%. If you think that was curious, last week the two had opposite results. I’m taking this to mean that investors are unsure of what’s going to happen with these pending corporate transactions, so stay tuned.
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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