尚未加入3D打印Frenzy的投资者，带有小型CAP 3D打印机股票，例如Arcam AB Ord（OTCMKTS：AMAVF）或ExOne Co（NASDAQ：XONE）或MID CAPS 3D SYSTEMS CORPORATION（NYSE：DDD）和Stratasys（ddd）和Ltd（ltd）（LTD）（NASDAQ: SSYS) will have their eyes peeled on this stock’s progress: At the end of last week, Germany based small cap 3D printer stock voxeljet AG (NYSE: VJET) made a spectacular debut on the NYSE – in the first days trading the stock opened at $20 and closed at $28.83, a nearly 122% gain from its original $13 pricing.
Brilliant opening day for Voxeljet
Voxeljet在开幕日看到了巨大的收益，此后这种趋势一直在继续。这家德国公司为工业和商业客户提供高速，大型3D打印机和按需零件生产服务。雷电竞app下载Voxeljet的机器可以通过几种不同种类的沙子和塑料来构建型号。Exone是其在沙空间中的主要竞争对手。两家公司都制造了工业客户用来生产用于铸造金属组件的沙模的打印机。3D系统和Stratasys是塑料领域的主要公开竞争者。在炒作的总体趋势和对工业增材制造业短期销售前景的过度预期的总体趋势中，当心估值波动。雷电竞充值
上周五，Voxeljet AG的650万美元美国存托收据的价格为13美元，股票上涨了122％，至15.80美元，周五收于28.80美元，交易高达29.06美元。该公司在首次公开募股（IPO）中筹集了8450万美元，并希望利用筹集的资金扩大其在欧洲的服务中心，并在北美和亚洲开放；提高研发；推动营销工作；并将一些现金搁置一旁进行收购。
In its IPO filings Voxeljet reported having a global installed base of 52 printers and sales outside of Germany that represented 53% and 34% of total sales in 2012 and 2011 respectively. The company also reported revenues of just €8.7 million in 2012 (albeit this had grown from €4.8 million for a 35% compound annual growth rate) and net income of €427k (2012), €328k (2011), €84k (2010) and a net loss of €273k (2009). Total backlog of 3D printer orders as of June 30, 2013 was €4.4 million and this backlog has grown steadily as for the years ended December 31, 2012, 2011 and 2010, the backlog was €3.7 million, €1.7 million and €0.1 million, respectively.
Risk factors
However, the company noted a number of risk factors in its IPO risk filinghere：
‘由于我们的客户的资本支出时间，通常在财政年度的第二和第四季度中通常收到3D打印机订单的很大一部分。收到订单雷电竞app下载后，我们的3D打印机通常在下一季度发货。因此，任何未来期间的收入和运营结果都无法确定性。我们通常还会在第一和第三季度对3D打印机的需求较弱。’雷电竞app下载
voxeljetalso noted in its IPO that as 3D printers are complex and typically involve significant capital investments by prospective purchasers the company and its sales agents need to invest a significant amount of time educating prospective purchasers about product benefits.
Valuations of 3D Systems Corporation and Stratasys might make new investors take a pause. If you’re interested in investing in noxeljet, now may not be the ideal time. Or, you may wish to consider waiting until the initial IPO appeal dies down.
Its price-to-sales ratio is about three times that of the two larger 3D printing companies, both of whom experienced a relative depreciation of value this year. However, the company does have some potentially big competitive advantages related to machine speed, size and configuration. It’s too early to project future prospects regarding this strong valuation: but the future currently looks healthy for voxeljet.
