Home » Misc » Canadian 3d printing stocks

Canadian 3d printing stocks


5 3D Printing Stocks to Consider in 2022

An in-depth look at the leading 3D printing stocks in the U.S stock market this year. Here’s what you need to know.

By Nicholas Rossolillo – Updated Jul 11, 2022 at 2:42PM

Back in the early 2010s, stocks were booming for 3D printing -- also known as additive manufacturing, a computer-controlled process in which three-dimensional objects are made. But the boom was followed by a bust as many pure-play 3D printing companies didn't immediately deliver on lofty expectations.

Rumors of the manufacturing technology's demise are clearly premature. These days, 3D printing is a high-growth niche that is steadily reshaping the manufacturing and industrial sectors. Some estimates point to a doubling in annual revenue from additive manufacturing between 2022 and 2026. Even growth investor Cathie Wood has launched a fund focused on manufacturing tech, The 3D Printing ETF (NYSEMKT:PRNT), via her company ARK Invest.

Here's what you need to know about 3D printing and additive manufacturing stocks for 2022:

Image source: Getty Images.

Investing in 3D printing stocks

The manufacturing of products in all corners of the economy is being revolutionized by 3D printing, from healthcare equipment to metal fabrication to housing construction. It's invading so many sectors that tech giants such as Microsoft (NASDAQ:MSFT), Autodesk (NASDAQ:ADSK), and HP (NYSE:HPQ) have launched products aimed at 3D printing and additive manufacturing. Other engineering and software outfits such as Dassault Systemes (OTC:DASTY), ANSYS (NASDAQ:ANSS), and Trimble (NASDAQ:TRMB) have also gotten involved in 3D printing technology.   

Here are five key players to consider for 2022 that are a more focused bet on 3D printing:

Data source: YCharts. Market cap as of April 19, 2022.  
Company Market Cap Description
Desktop Metal (NYSE:DM) $1.3 billion Recent IPO that focuses on metal fabrication technology.
Stratasys (NASDAQ:SSYS) $1.5 billion One of the original 3D printing pioneers, with a wide array of printers and supporting design software.
Xometry (NASDAQ:XMTR) $1.9 billion A manufacturing marketplace, including access to on-demand 3D printing services.
3D Systems (NYSE:DDD) $1.9 billion Another original 3D printing pioneer and the largest pure-play stock on 3D printing technology.
PTC (NASDAQ:PTC) $11.7 billion A manufacturing technology provider with a suite of software and related services for industrial businesses.

1.

Desktop Metal

This company is a recent entry into the 3D printing space after going public via a SPAC at the end of 2020. The stock has been a terrible market underperformer since then, losing three-quarters of its value as of spring 2022. However, Desktop Metal could still be a promising investment for the long term.

As its name implies, Desktop Metal develops 3D printing hardware and accompanying design software for metal and carbon fiber parts. The company's smaller systems can handle prototyping and one-off parts, and larger printers are production grade-designed for manufacturing facilities. Desktop Metal serves companies operating in automotive, consumer goods, and heavy industrial equipment businesses.  

Despite a tenuous start as a public company, Desktop Metal was actually increasing revenue at a torrid triple-digit pace in 2021. Gross profit margins are thin, and the company generated a steep net loss, but that should improve over time as the business scales its operation. Desktop Metal also has several hundred million dollars in cash and investments to fund its expansion. It used some of these funds to acquire additive manufacturing peer ExOne at the end of 2021.  

2. Stratasys

Stratasys was part of the early 2010s 3D printing stock boom and bust, but its business has endured. Sales took a dip early in the COVID-19 pandemic but are rebounding as the Israel-based company picks up new manufacturing contracts.

Stratasys serves a diverse set of customers, including aerospace and automotive parts manufacturers, medical and dental companies, and makers of basic consumer products. In addition to a wide array of 3D printer models, Stratasys develops software to help users accelerate the time between design and final printing.  

It isn't the highest-growth name on this list, but Stratasys is profitable (on a free cash flow basis) and has more than $500 million in cash and investments on its balance sheet, as well as no debt. Management thinks its payoff from years of research and development into additive manufacturing will accelerate in 2022.

3. Xometry

This is another newcomer to public markets. Xometry completed its initial public offering (IPO) over the summer of 2021, raising almost $350 million in cash in the process. As is often the case with new IPOs, the stock has underperformed since then. It has lost over half of its value from the time it started trading on public markets, but the business itself is rapidly growing.

Xometry is a marketplace for on-demand manufacturing of prototyping and mass production. It has a network of more than 5,000 suppliers that companies can call on to meet their fabrication needs. Among the suppliers on the Xometry platform are 3D printing companies, injection molding, and automated machining. The company reported having more than 28,000 active buyers utilizing its platform at the end of 2021.

Although it isn't profitable yet, Xometry's unique approach to the 3D printing and additive manufacturing industry is growing fast. Like other names on this list, it has a sizable war chest of cash and short-term investments that it can spend on research and marketing as it tries to attract more suppliers and buyers to its marketplace.  

4. 3D Systems

3D Systems was another early player in the 3D printing industry, and while it suffered through the boom-and-bust period of the early 2010s, its business has held steady for much of the past decade. After a brief dip during the early days of the pandemic, 3D Systems is back in growth mode.  

The company develops printers and design software for all sorts of materials and industries (medical device makers, dental labs, semiconductor designers, aerospace, and automotive manufacturers). It claims leadership among independent 3D printing companies (as measured by sales). As the 3D printing industry expands in the coming years, 3D Systems thinks it will be able to attract lots of new business with its extensive experience and global reach.

As an established tech outfit in the manufacturing sector, 3D Systems offers investors the prospect of more stable growth, along with profitability. It also has a large net cash position from which it can consolidate its lead in 3D printers and software technology.

5. PTC

By far the largest company on this list, PTC is a longtime technology partner of manufacturing and industrial enterprises. Fast approaching $2 billion in annualized sales and highly profitable, PTC has all the tools needed to digitally transform industrial businesses.

Besides 3D printing computer-aided design software (ANSYS is a peer and software partner that also operates in this space), PTC specializes in augmented reality, industrial IoT (Internet of Things), and product life-cycle management software. Most of its revenue is subscription-based (including its Creo software that enables 3D printing), making for a stable and steadily growing business model that generates ample cash flow. PTC puts spare cash to work developing new products for its partners and makes bolt-on acquisitions of other software companies that enhance its overall portfolio.  

As a larger company, PTC won't be the fastest-growing stock in the additive manufacturing and 3D printing space. However, the company has established itself as a leader in industrial technology and should be a primary beneficiary as the production of manufactured goods gets more efficient.

The future of 3D printing

Manufacturing technology is making inroads throughout the global economy by reducing the cost of production and localizing and speeding up the time it takes to deliver customer orders. This is far from mere hype. Nevertheless, as is the case with all technology investments, progress won't go straight up. Expect twists and turns in these stocks as they develop new methods to design and make products.

If you decide to invest, do so in a measured way. Maintain a diversified portfolio, be wary of stocks benefiting from investor over-optimism, and always leave spare cash to invest more when there are inevitable dips. Given enough time -- years and decades -- investing in 3D printing could eventually provide a big payoff.

Related communication stocks topics

Investing in 5G Stocks

As the 5G technology rollout continues, these companies look like winners.

Investing in Top Telecommunications Stocks

Our world is increasingly interconnected, and these companies make it happen.

Investing in Communication Stocks

Communications has a broad definition. These companies are the leaders in the space.

Investing in Top Consumer Discretionary Stocks

When people have a little extra cash, they indulge in offerings from these companies.

Nicholas Rossolillo has positions in Autodesk and PTC. The Motley Fool has positions in and recommends Autodesk, HP, and Microsoft. The Motley Fool recommends 3D Systems, ANSYS, Dassault Systemes, PTC, and Trimble Inc. The Motley Fool has a disclosure policy.

Motley Fool Investing Philosophy

  1. #1 Buy 25+ Companies
  2. #2 Hold Stocks for 5+ Years
  3. #3 Add New Savings Regularly
  4. #4 Hold Through Market Volatility
  5. #5 Let Winners Run
  6. #6 Target Long-Term Returns

Why do we invest this way? Learn More

Related Articles

Is It Game Over for Microsoft and Alphabet Stocks?

Why Microsoft Stock Dropped Today

These 2 Stocks Have the Nasdaq Bear Market Growling

Microsoft Revenue Surges on Cloud Strength. Is the Stock a Buy?

Microsoft (MSFT) Q1 2023 Earnings Call Transcript

Investing in S&P 500 ETFs

Top 10 Wide-Moat Stocks to Buy Now

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services

Top 3D Printing Stocks for Q4 2022

Table of Contents

Table of Contents

  • Best Value 3D Printing Stocks

  • Fastest Growing 3D Printing Stocks

  • 3D Printing Stocks With the Best Performance

SSYS is top for value and performance and NNDM is top for growth

By

Noah Bolton

Full Bio

Noah has about a year of freelance writing experience. He's worked on his investing website dealing with topics such as the stock market and financial advice for beginners.

Learn about our editorial policies

Updated October 06, 2022

The 3D printing industry is made up of companies that provide products and services capable of manufacturing a range of products. 3D printing, also known as additive manufacturing, creates physical objects from digital designs. The printing process works by laying down thin layers of material in the form of liquid or powdered plastic, metal, or cement, and then fusing the layers together. Though still too slow for mass production, it is a revolutionary technology that has the potential to disrupt the manufacturing logistics and inventory management industries. The 3D printing industry is comprised of only a handful of companies, including players such as Proto Labs Inc., Faro Technologies Inc., and Desktop Metal Inc.

The industry is so young that it has no meaningful benchmark index. But the performance of these stocks can be compared to the broader market as represented by the Russell 1000 Index. These stocks have not performed well. Stratasys Ltd. (SSYS), the best performing 3D printing stock, has dramatically underperformed the Russell 1000, which has provided a total return of -12.5% over the past 12 months. This market performance number and all statistics in the tables below are as of Sept. 20, 2022.

Here are the top three 3D printing stocks with the best value, fastest sales growth, and the best performance.

These are the 3D printing stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in early stages of development or industries suffering from major shocks, this metric can be substituted as a rough measure of a business's value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability. The price-to-sales ratio shows how much you're paying for the stock for each dollar of sales generated.

Best Value 3D Printing Stocks
  Price ($) Market Cap ($B) 12-Month Trailing P/S Ratio
Stratasys Ltd. (SSYS) 15.49 1.0 1.6
3D Systems Corp. (DDD) 9.00 1.2 2.0
Proto Labs Inc. (PRLB) 37.49 1.0 2.1

Source: YCharts

  • Stratasys Ltd.: Stratasys offers 3D printing solutions, such as 3D printers, polymer materials, a software ecosystem, and related parts. It serves a variety of industries, including aerospace, automotive, consumer products, and healthcare. On Sept. 13, Stratasys completed the merger of its MakerBot subsidiary with Ultimaker, which offers platforms used to make 3-D printers. Ultimaker is backed by NPM Capital. The merged company will keep the Ultimaker name and focus on providing solutions, hardware, software and materials to the industry. NPM Capital will have majority ownership of the new company at 53.5%, and Stratasys will own 46.5%.
  • 3D Systems Corp.: 3D Systems provides 3D printing solutions. The company offers a range of hardware, software, and materials designed for additive manufacturing. Its products and services are used in a variety of industries and sectors, including aerospace, automotive, semiconductor, healthcare, and more.
  • Proto Labs Inc.: Proto Labs is an e-commerce-based company that provides digital manufacturing services. It offers 3D printing, injection molding, CNC machining, and sheet metal fabrication. On Aug. 5, Proto Labs announced financial results for Q2 2022, the three-month period ending on June 30, 2022. Net income fell more than 80% to $2.6 million from the prior-year quarter while revenue rose 3.1%.

These are the 3D printing stocks with the highest YOY sales growth for the most recent quarter. Rising sales can help investors identify companies that are able to grow revenue organically or through other means and find growing companies that have not yet reached profitability. In addition, accounting factors that may not reflect the overall strength of the business can significantly influence earnings per share. However, sales growth can also be potentially misleading about the strength of a business, because growing sales on money-losing businesses can be harmful if the company has no plan to reach profitability.

Fastest Growing 3D Printing Stocks
  Price ($) Market Cap ($B) Revenue Growth (%)
Nano Dimension Ltd. (NNDM) 2.45 0.6 1,270
Desktop Metal Inc. (DM) 3.07 1.0 203.9
Stratasys Ltd. (SSYS) 15.49 1.0 13.3

Source: YCharts

  • Nano Dimension Ltd.: Nano Dimension is an Israel-based 3D printing company focused on developing equipment and software for 3D-printed electronics. It develops printers for multilayer printed circuit boards and nanotechnology-based inks. The company serves a range of industries, including consumer electronics, healthcare, aerospace, and automotive. On Sept. 1, Nano Dimension released Q2 2022 results. The company's net loss widened sharply to $40.0 million from a loss of $13.6 million in the same quarter a year earlier even as revenue soared more than 13-fold. The larger second-quarter loss was fueled partly by $10.9 million in non-cash adjustments for depreciation and amortization expenses, and share-based payments.
  • Desktop Metal Inc.: Desktop Metal manufactures 3D printers and related equipment used to build complex parts from metal. It also offers 3D printing software. The company serves a range of industries, including automotive, consumer products, education, and heavy industry. On Aug. 08, the company reported Q2 2022 results. Desktop Metals' net loss increase nearly seven-fold to $297.3 million compared to the same quarter a year earlier even as revenue tripled.
  • Stratasys Ltd. : See above for company description.

These are the 3D printing stocks that had the smallest declines in total return over the past 12 months out of the companies we looked at.

3D Printing Stocks With the Best Performance
  Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
Stratasys Ltd. (SSYS) 15.49 1.0 -34.5
Proto Labs Inc. (PRLB) 37.49 1.0 -50.6
Materialise NV (MTLS) 10.95 0.6 -53.9
Russell 1000 N/A N/A -12.5

Source: YCharts

  • Stratasys Ltd.: See above for company description.
  • Proto Labs Inc.: See above for company description.
  • Materialise NV: Materialise is a Belgium-based provider of additive manufacturing software and 3D printing services. It serves a range of industries, including healthcare, aerospace, and automotive. On Sept. 7, Materialise completed its acquisition of Identity3D, which makes products that encrypt, distribute, and track digital parts as they move through supply-chains. The value of the deal was not specified in the announcement.

The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or to adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.

Article Sources

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

  1. YCharts. "Financial Data."

  2. Stratasys Ltd. "Stratasys Completes Merger of MakerBot with Ultimaker."

  3. Proto Labs Inc. "Proto Labs Q2 2022 Earnings Release."

  4. Nano Dimension Ltd. "Earnings Press Release for Q2 2022."

  5. Desktop Metals Inc. " Desktop Metals Second Quarter 2022 Earnings."

  6. Materialise NV. "Materialise Acquires Indenity3D."

Canada develops portable 3D skin printer

Canada develops portable 3D skin printer

installs it in the wound within two minutes. The study, led by student Navid Hakimi and led by Associate Professor Axel Günther, has been published in the journal Lab on a Chip.

We have previously reported exciting developments in the ever-expanding field of 3D Bioprinting. Printed skin tissue is arguably one of the most promising applications of this technology, with a range of effective solutions for skin tissue regeneration.

However, current bioprinting equipment used in laboratories tends to be overly bulky and usually quite expensive and complex, limiting its use in clinical situations.

3D printer for UoT printers can provide a solution to these problems by offering a cheap and practical pocket-sized device for healing and healing wounds.

When a deep wound forms in the skin, all three layers of the skin—epidermis, dermis, and hypodermis—can be damaged. The currently preferred treatment is epidermopilar skin grafting, where a piece of healthy donor skin is grafted onto the superficial epidermis and part of the underlying dermis.

Feature of portable 3D printer

The portable 3D printer weighing less than 1 kg, resembling a marking label gun in appearance and function, will cope with the task in about two minutes. The exact time of the operation will depend on the size of the damage to the skin.

The device does not require a sample of the patient's epidermis, since Canadian specialists use the so-called "bio-ink" to form tissue layers. This material enters the skin in the form of strips similar to adhesive plaster, but differing from it in viscosity due to the presence of alginic acid in the composition. Artificial skin is based on living cells together with collagen and fibrin.

Scientists believe that their printer is a platform that can overcome these barriers, improve the healing process of the skin. A pocket skin printer is similar to a toilet paper dispenser, only instead of a roll it has a microdevice that forms sheets of tissue. Vertical streaks of "bio-ink", made up of proteinaceous biomaterials like collagen and fibrin, collectively form each layer of skin. The printer is highly portable and promises to be adaptable to each patient and wound characteristics.

Small, about the size of a shoebox, weighs less than a kilogram and requires minimal operator skills. Scientists hope that one day they will be able to begin human clinical trials and revolutionize the traditional approach to treating burns.

3D printer maker iFactory3D raises over $200,000 on Kickstarter

Miscellaneous

0008 The German manufacturer of 4-in-1 conveyor belt 3D printers, iFactory3D, has won the hearts of 434 supporters from the US, Canada, Europe and Singapore, and has united a community of non-professional 3D printing enthusiasts who appreciate open source to its hardware and software.

The 3D printing industry has been growing rapidly over the past decade. According to the 3D printing trends 2020 report prepared by the 3D Hubs network, the average annual market growth will be 24% over the next 5 years. It will double every three years and reach $35.0 billion by 2024. However, the industrial use of 3D printing is perceived as the main driver of market growth.

With the unpredictable onset of the COVID-19 pandemic, the need to restructure global supply chains has given a huge boost to the 3D printing industry. Especially in the field of medical technology: European government health agencies and the FDA have made a strategic bet on 3D printing in the fight against the COVID-19 outbreak.

A less obvious and less widely discussed trend is the growing demand for 3D printers for business and home use. Self-isolation during the lockdown has contributed to this: the need for individual accessories for everyday life has increased significantly (look at how people use 3D printers to improve masks!). To put it simply, an already existing “maker” culture has been spurred on by the boredom of self-isolation, resulting in a new wave of “home” 3D printer evangelists. Interest in a 3D printer from China confirms the trend.

iFactory3D, unlike the Chinese manufacturer, gives more freedom and opportunities for those involved in 3D printing, involving the community in the joint creation of the product. The iFactory3D team, led by Arthur Steffen, open source iFactory One and the community is involved in the development of iFactory3D. The ability to customize and upgrade was built into the 3D printer from the very beginning.

Designed for home users and businesses alike, the iFactory3D printer will rely on "collective wisdom" to create and execute a product roadmap.

This approach allowed the iFactory3D team to develop an ecosystem of services built into the printer. It currently includes built-in error detection software as well as features related to automatic printing. But in the future, it can be expanded through collaboration with software services.

“We just ran a successful Kickstarter campaign and hit about 186% of our funding target,” says Arthur Steffen, CEO of iFactory3D. - The project was supported by 434 sponsors, discussed in the community and presented in various media. This means good prospects for technology in general and for our company in particular. We are proud to receive support from the community, and we are grateful to everyone who gave their opinion about our product and contributed to it. Thanks to the feedback, we have the opportunity to improve the printer's feature set to meet current user needs.”

The start of sales of the 3D printer is scheduled for April 2021, the company's partners with verified distributors must meet the delivery time. In 2021, iFactory3D plans to launch a new line of 3D printers in both the B2C and B2B markets, relying on both crowdfunding and traditional venture capital investments as funding sources.

iFactory

Follow author

Follow

Don't want to

1

More interesting articles

ski

Loading

10/14/2022

965

5

Subscribe to the author

Subscribe

Don't want to

Video post about how taking the right idea and implementation, you can bring to mind the whole concept.

Learn more