Jul.26, 2013

STOXX, the Europe-based index provider, introduced this week a new STOXX Global 3D Printing Pure Play Index, which tracks "pure play" companies that are highly involved in the 3D printing sector.

This is STOXX's second benchmark focuses on the 3D printing, indicating the company's aim to be an influential player and to provide market participants with a rules based barometer of leading stocks in the flourishing 3D printing sector.

STOXX launched a Global 3D Printing Tradable Index in April. The index was launched with 10 holdings, and will totally represent 30 companies that generate revenues directly from the 3D printing sector. The new Stoxx Global 3D Printing Pure Play Index will have also 30 constituents but it is designed for bigger companies - so only nine company is qualitied for included in the new index.

To be included in the STOXX Global 3D Printing Pure Play Index, companies must pass a set of screens:

  • More than 10 percent of their revenues must be generated from the 3D printing sector
  • Companies must have a minimum three-month average daily trading volume (ADTV) of 25,000 Euro
  • A minimum free-float market capitalization of 10 million Euro

Companies are then ranked by revenues derived from the 3D printing sector and the top 30 companies are selected for inclusion in the index.

The STOXX Global 3D Printing Pure Play Index is weighted by free-float market capitalization and component weighting is capped at 20 percent.

For comparison, here are a set of screens companies must pass for being included in the STOXX Global 3D Printing Tradable Index:

  • More than one percent of their revenues must be generated from the 3D printing sector
  • Companies must have a minimum three-month average daily trading volume (ADTV) of 250,000 Euro
  • A minimum free-float market capitalization of 80 million Euro

Furthermore, they must be listed in a country that is classified as a developed market according to STOXX's country classification model. Currently, the index includes 10 companies that passed all screens, and five of them are disclosed, they are:

1. Dassault Systems - France
2. 3D Systems - US
3. Stratasys - US
4. Proto Labs - US
5. Greatbatch Inc. - US

The universe for both Index is defined as all stocks in the STOXX Global Total Market Index, which currently covers 65 countries and over 7,000 securities. The index is reviewed annually in September and rebalanced quarterly. Daily history is available back to September 17, 2010.

 


Posted in 3D Printing Company

 

 

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GPaulsen wrote at 7/26/2013 5:16:09 PM:

Hmm.. I'm pretty sure that Proto Labs was made to counter 3D Printing for rapid prototyping by utilizing software & algorithms for rapid injection molding & CNC...



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