Which 3D print company is the biggest this week? [Image by Stefan Keller from Pixabay]

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	$3,197	-207
2	Bright Laser	$3,164	+118
3	Xometry	$3,064	+68
4	Proto Labs	$1,233	+30
5	Stratasys	$773	+22
6	Nano Dimension	$383	-0
7	Materialise	$341	-23
8	3D Systems	$278	+10
9	Titomic	$194	-12
10	Velo3D	$116	+5
11	AML3D	$61	-1
12	Aurora Labs	$16	+3
13	Sygnis	$11	-3
14	Massivit	$9	+1
15	Freemelt	$5	-1
16	Steakholder Foods	$2	+0
	TOTAL	$12,846	+9

3D printing valuation leaderboard (in US$M) [Source: Fabbaloo]

This week saw major western markets rise a percent or so, and that should float all boats. But did it?

Nope, the 3D print leaderboard total was flat, week over week, with only a 0.07% rise. It turns out that most companies were up or down a few percent as usual, but there were some notable exceptions.

Most of this week’s movement was accounted for by the two Chinese companies at the top of the list. Farsoon fell six percent, while Bright Laser rose almost four percent.

Farsoon’s drop could be related to recent record high valuations, and consequent profit taking. During the week the company announced a major investment in a strategic joint venture. According to this report, the other party’s controller is a related party, which could have set investors towards a sell mentality.

BLT rose notably almost certainly due to the announcement of a cooperation deal with Airbus.

Stratasys rose three percent this week, possibly due to a couple of reasons. First, their financial results posted a couple of weeks ago pushed the valuation down, so this week could be a bounce back as the stock assumed its true value. Secondly, investors may be seeing the value in their partnership with Tritone, as that opens up many new market possibilities for Stratasys.

Sygnis fell a huge 22% this week. This is likely due to their announcement of a new series of private shares being issued, apparently with signing ability up to the end of May. This dilutes the company’s stock value over a longer period, and caused daily sell offs of Sygnis throughout the week.

Titomic fell about six percent this week, likely due to some corporate news. While they announced positive news with some semiconductor industry purchases, they also announced the issuance of 35M new shares to a director under a share plan. This must have been read by investors as a form of dilution, leading to the valuation dip.

Finally, we have Aurora Labs, which soared more than 23% this week. It seems that this was due to positive reaction to the news that the company’s earlier share placement became active, allowing more shares to be traded. Evidently investors saw this as an opportunity to buy, raising the valuation.

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.

One change we are expecting is the addition of Creality, which recently filed documents to trade on the Hong Kong exchange.

6K Additive will be added to the leaderboard soon, as they just began trading on the ASE.

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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