Decoding the 3D Printing Industry: Who’s Leading the Pack in December 2023?


0

Who’s The Biggest In 3D Printing

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 to 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.

Indeed, the term “market cap” holds significant relevance.

It might seem unnecessary to keep a weekly tab on these companies as their true worth is acknowledged only when their stocks are sold. But, there are times when events transpire that effect a company’s value, causing it to fluctuate. This recurring weekly post enables us to monitor such changes.

Kindly note that this list doesn’t feature all the leading 3D printing companies. Numerous 3D printing firms aren’t public, so we are unable to definitively ascertain their actual size, EOS for example. Other companies, such as HP or Siemens, have extensive 3D printing divisions but are part of much larger conglomerates, which makes it impossible to determine the exact scale of their 3D printing operations.

Let’s move ahead and analyse the 3D printing firms included in this week’s list.

3D Printing Leaderboard

RANK COMPANY CAP CHG
1 Xometry 1,116 -48
2 Protolabs 968 +14
3 Stratasys 841 +15
4 3D Systems 790 +16
5 Nano Dimension 608 +20
6 Materialise 387 +11
7 Desktop Metal 241 -2
8 Markforged 145 +2
9 Velo3D 128 -72
10 FATHOM 32 +2
11 Massivit 28 +1
12 Freemelt 18 +0
13 Titomic 16 +1
14 Shapeways 15 +2
15 Steakholder Foods 15 -1
16 voxeljet 13 -0
17 AML3D 13 +0
18 Sygnis 5 -0
19 Aurora Labs 5 -1
20 Sigma Additive Solutions 2 +0
TOTAL 5,387 -41

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

This week saw a somewhat down week, which was contrary to overall market trends. While the markets were up a percent of so, the leaderboard dropped. As we will soon see, that was caused by a single company.

That company was none other then Velo3D, the company with perhaps the most volatile valuation in the entire space. This week their valuation dropped by a whopping 36%.

While there wasn’t any specific news from the company that would have driven this shift, one can see the larger pattern at work in this chart of the company’s stock price over the past six months. There’s clearly a longer term trend in the downward direction, and this week more than likely is continuing that trend.

I don’t really understand the volatility. The company’s most recent financial results were actually quite good, and they have highly regarded products and services used by leading companies.

To illustrate how weird this is, take a look at Shapeways. The company’s valuation rose twelve percent this week, in spite of having not the greatest financial results the other week. One just doesn’t know what investors will do. One theory for the sudden interest in Shapeways might be that some investors realized they are in the same business as Xometry and Protolabs, which are both valued at much higher levels. Perhaps they believe Shapeways is a good buy?

At the top of the leaderboard, Xometry dipped some four percent. This is most likely a bit of blowback from their rather sudden rise in the past couple of weeks: some investors were likely taking profits with the higher valuation.

On the Stratasys / 3D Systems watch, we have Stratasys remaining slightly ahead by only six percent. The two have traded places a few times during this tumultuous year.

Upcoming Changes

BigRep announced plans to go public via the SPAC approach, so we will soon see them appear on the leaderboard.

One company I’ve started to watch is ICON, the Texas-based construction 3D printer manufacturer. This privately-held company has been raising a significant amount of investment to the tune of almost half a billion dollars. At that level it is likely they will be discussing a transition to public markets at some point, which would certainly place them at or near the top of our leaderboard.

Another company that would seem logical to go public is VulcanForms, a manufacturing service using an advanced metal 3D printing process. They are currently privately valued at over US$1B, and going public could cause that to go even higher.

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 monitoring the public companies, let’s not overlook the numerous private corporations that remain unlisted on any stock market. These private firms likely hold substantial value, we simply can’t determine their exact worth at any given moment. Among these potential “big hitters” are EOS, Carbon and Formlabs.

Perhaps, one day, some of these businesses will feature on our list of key players.

Related Companies

In conclusion, numerous companies are deeply involved in the 3D printing industry, but this represents only a minor part of their overall operations. Hence, it would not be justified to include them in the previously mentioned lists, as we can’t truly ascertain the extent of their 3D printing activities.

Original source

Source

“Why did the 3D printer go to therapy? Because it had too many layers of unresolved issues!”


Like it? Share with your friends!

0
GCode-Guru

Meet the mastermind behind NozzleNerds.com: GCode-Guru, a 3D printing wizard whose filament collection rivals their sock drawer. Here to demystify 3D tech with a mix of expert advice, epic fails, and espresso-fueled rants. If you've ever wondered how to print your way out of a paper bag (or into a new coffee cup), you're in the right place. Dive into the world of 3D printing with us—where the only thing more abundant than our prints is our sarcasm.

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format