On August 13, 2023, who is the biggest in 3D Printing?

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1. Dive into the Financial Reports: Tracking 3D Printing Valuations

Keeping tabs on the valuations of major 3D printing companies can give us insights into the industry’s health and growth potential. Publicly traded companies are required to share their financial reports and appear on stock markets, allowing us to calculate their market capitalization. The market cap is determined by multiplying the current stock price by the number of outstanding shares and represents the current valuation of the company. This metric is crucial as it can unlock various opportunities for the company, such as leveraging shares for loans or embarking on new projects with generated cash.

###2. Why Monitor Valuations Weekly?

You might wonder why it’s necessary to monitor these companies on a weekly basis, given that stocks need to be sold for their value to be realized. However, market events can significantly impact a company’s valuation. Hence, our weekly posts aim to track these developments. It’s worth noting that our list doesn’t encompass all major 3D print companies as not all of them are publicly traded. Some prominent players like EOS remain privately held, and their true size is unknown. Furthermore, established conglomerates like HP or Siemens have substantial 3D printing divisions, but their overall true size in the 3D printing industry remains undisclosed.

###3. The Performance of 3D Printing Companies This Week

This week proved challenging for most major indices, with the tech-heavy NASDAQ experiencing a dip of around two percent. Unfortunately, this trend was reflected in the 3D printing companies as well, known to amplify such market shifts. The total valuation of the leaderboard dropped significantly, by a staggering eight percent. Approximately US$600 million was wiped off the leaderboard.

###4. Stratasys Holds Strong Against 3D Systems

Despite the downward trend, Stratasys managed to maintain its top position over rival 3D Systems. While 3D Systems had dominated the leaderboard for an extended period, it was temporarily displaced by Xometry. However, persistent takeover offers for Stratasys have caused the company’s valuation to surpass that of 3D Systems for several weeks now. This shift seems to be a more permanent phenomenon. In terms of performance this week, Stratasys experienced a nine percent dip, while 3D Systems saw an even steeper decline of twelve percent. A six-month chart reveals a consistent trend of Stratasys gaining value while 3D Systems struggles.

###5. FATHOM Makes a Recovery

FATHOM demonstrated a positive recovery pattern this week, gaining almost five percent. When considered against the overall eight percent drop, this signifies almost a 13% gain. Investors likely rewarded the company for not proceeding with the acquisition bid for Stratasys.

###6. Markforged Faces Challenges

Unfortunately, Markforged faced a significant setback this week with a plunge of almost 28% in valuation. This decline can be attributed to their latest financial report, which revealed a slight drop in revenue compared to the previous year and a concerning decrease in margin. The market’s reaction suggests that investors are concerned about the company’s growth rate. However, despite these challenges, Markforged remains profitable, distinguishing itself from many other players in the industry.

###7. Velo3D’s Mixed Results

Velo3D also experienced a drop of nearly 21% in valuation after the release of their Q2 financials. Surprisingly, their results were quite positive, with a 28% increase in revenue. However, their net income still reflected a loss, albeit less severe than in 2022Q2. The company’s margin stands at 12%, which might appear low compared to other 3D print companies, but Velo3D managed to make slight improvements this quarter. They recently announced plans to raise US$70 million in investment, a prudent move given their current cash on hand of only US$47 million and a quarterly loss of US$23 million. Investors’ response to the financial results seems to reflect some reservations.

###8. Essentium’s NASDAQ Aspirations

Lastly, Essentium is preparing to debut on NASDAQ through a SPAC-merger. This exciting development could potentially open new doors for the company and elevate its visibility in the market. However, the details of this deal are yet to be finalized.

###Conclusion

Monitoring the valuations of major 3D printing companies is vital for understanding the industry’s dynamics and growth trajectory. Weekly fluctuations in market capitalization can provide valuable insights into investor sentiment and the impact of market events on these companies’ values. While some companies showed resilience amidst a downturn, others faced challenges that led to significant drops in valuation. Meanwhile, Essentium’s plans to enter the public market could shape the industry landscape further.

The 3D printing industry is constantly evolving and there are always new players emerging. Recently, one company that has caught my attention is ICON, a Texas-based construction 3D printer manufacturer. This privately-held company has managed to raise an impressive amount of investment, close to half a billion dollars. With such a substantial influx of funds, it is highly likely that ICON will consider transitioning to public markets in the near future. If they do, they will surely take a top spot on our leaderboard.

Another company that seems poised to go public is VulcanForms. They specialize in manufacturing services that utilize advanced metal 3D printing processes. With a current private valuation of over $1 billion, going public could potentially push their value even higher. It is exciting to witness the growth and potential of these companies and we will certainly be keeping a close eye on them.

While we focus on publicly-traded 3D printing companies, it’s important to remember that there is a whole world of private companies that are not listed on any stock exchange. These privately-held companies often hold significant value, even if we can’t accurately determine their worth at any given moment. Some of the notable private companies in the 3D printing space include EOS, Carbon, and Formlabs. These companies have a good chance of becoming major players in the industry and it wouldn’t be surprising to see them make it onto our list in the future.

Lastly, there are companies that are involved in the 3D printing industry, but it only represents a small part of their overall operations. These companies may not qualify for our leaderboard because their true focus and dedication to 3D printing are unclear. Nonetheless, they still play a role in shaping the industry landscape.

The 3D printing industry is a dynamic and ever-expanding field, and it’s important to keep a finger on the pulse of all the players involved. If you know of any other publicly-traded 3D printing companies that you think should be on our leaderboard, please don’t hesitate to let us know. We are always eager to uncover new opportunities and players in this exciting industry.

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