MATERIALISE NV-ADR (MTLS) Stock Fundamental Analysis
NASDAQ:MTLS - Nasdaq - US57667T1007 - ADR - Currency: USD
We assign a fundamental rating of 4 out of 10 to MTLS. MTLS was compared to 284 industry peers in the Software industry. MTLS has an average financial health and profitability rating. MTLS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MTLS was profitable.
In the past year MTLS had a positive cash flow from operations.
In multiple years MTLS reported negative net income over the last 5 years.
In the past 5 years MTLS always reported a positive cash flow from operatings.
1.2 Ratios
MTLS has a better Return On Assets (2.39%) than 71.13% of its industry peers.
Looking at the Return On Equity, with a value of 3.74%, MTLS is in the better half of the industry, outperforming 71.13% of the companies in the same industry.
MTLS's Return On Invested Capital of 2.01% is fine compared to the rest of the industry. MTLS outperforms 70.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.39% | ||
| ROE | 3.74% | ||
| ROIC | 2.01% |
ROA(3y)1.49%
ROA(5y)1.1%
ROE(3y)2.38%
ROE(5y)1.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 3.46%, MTLS is in the better half of the industry, outperforming 70.77% of the companies in the same industry.
In the last couple of years the Profit Margin of MTLS has grown nicely.
The Operating Margin of MTLS (2.75%) is better than 69.01% of its industry peers.
MTLS's Operating Margin has been stable in the last couple of years.
The Gross Margin of MTLS (56.26%) is worse than 63.03% of its industry peers.
In the last couple of years the Gross Margin of MTLS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.75% | ||
| PM (TTM) | 3.46% | ||
| GM | 56.26% |
OM growth 3Y-15.87%
OM growth 5Y0.15%
PM growth 3Y-8.8%
PM growth 5Y43.05%
GM growth 3Y-0.57%
GM growth 5Y0.29%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTLS is destroying value.
MTLS has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for MTLS has been increased compared to 5 years ago.
Compared to 1 year ago, MTLS has an improved debt to assets ratio.
2.2 Solvency
MTLS has an Altman-Z score of 2.23. This is not the best score and indicates that MTLS is in the grey zone with still only limited risk for bankruptcy at the moment.
MTLS has a Altman-Z score (2.23) which is comparable to the rest of the industry.
MTLS has a debt to FCF ratio of 6.27. This is a slightly negative value and a sign of low solvency as MTLS would need 6.27 years to pay back of all of its debts.
MTLS's Debt to FCF ratio of 6.27 is in line compared to the rest of the industry. MTLS outperforms 55.63% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that MTLS is not too dependend on debt financing.
MTLS has a Debt to Equity ratio of 0.10. This is comparable to the rest of the industry: MTLS outperforms 54.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 6.27 | ||
| Altman-Z | 2.23 |
ROIC/WACC0.25
WACC7.91%
2.3 Liquidity
MTLS has a Current Ratio of 1.88. This is a normal value and indicates that MTLS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MTLS (1.88) is comparable to the rest of the industry.
A Quick Ratio of 1.72 indicates that MTLS should not have too much problems paying its short term obligations.
MTLS has a Quick ratio (1.72) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 109.09% over the past year.
Measured over the past years, MTLS shows a very strong growth in Earnings Per Share. The EPS has been growing by 50.29% on average per year.
The Revenue has been growing slightly by 6.16% in the past year.
MTLS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.28% yearly.
EPS 1Y (TTM)109.09%
EPS 3Y1.49%
EPS 5Y50.29%
EPS Q2Q%-116.67%
Revenue 1Y (TTM)6.16%
Revenue growth 3Y9.09%
Revenue growth 5Y6.28%
Sales Q2Q%4.31%
3.2 Future
MTLS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.10% yearly.
Based on estimates for the next years, MTLS will show a quite strong growth in Revenue. The Revenue will grow by 13.86% on average per year.
EPS Next Y-46.78%
EPS Next 2Y5.29%
EPS Next 3Y14.11%
EPS Next 5Y18.1%
Revenue Next Year2.08%
Revenue Next 2Y5.16%
Revenue Next 3Y6.19%
Revenue Next 5Y13.86%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.62, the valuation of MTLS can be described as rather expensive.
MTLS's Price/Earnings ratio is a bit cheaper when compared to the industry. MTLS is cheaper than 78.87% of the companies in the same industry.
MTLS is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 18.25, which indicates a rather expensive current valuation of MTLS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTLS indicates a somewhat cheap valuation: MTLS is cheaper than 78.52% of the companies listed in the same industry.
MTLS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.62 | ||
| Fwd PE | 18.25 |
4.2 Price Multiples
94.37% of the companies in the same industry are more expensive than MTLS, based on the Enterprise Value to EBITDA ratio.
62.32% of the companies in the same industry are more expensive than MTLS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.9 | ||
| EV/EBITDA | 7.21 |
4.3 Compensation for Growth
MTLS's earnings are expected to grow with 14.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y5.29%
EPS Next 3Y14.11%
5. Dividend
5.1 Amount
MTLS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:MTLS (6/23/2025, 11:59:56 AM)
5.36
-0.03 (-0.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners14.45%
Inst Owner Change-7.05%
Ins Owners0.5%
Ins Owner ChangeN/A
Market Cap316.60M
Analysts84.44
Price Target9.08 (69.4%)
Short Float %0.73%
Short Ratio3.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-7.88%
Min Revenue beat(2)-9.94%
Max Revenue beat(2)-5.82%
Revenue beat(4)1
Avg Revenue beat(4)-3.36%
Min Revenue beat(4)-9.94%
Max Revenue beat(4)2.5%
Revenue beat(8)1
Avg Revenue beat(8)-3.51%
Revenue beat(12)4
Avg Revenue beat(12)-1.46%
Revenue beat(16)7
Avg Revenue beat(16)-0.68%
PT rev (1m)0%
PT rev (3m)-8.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)28.58%
EPS NY rev (3m)-56.63%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.62 | ||
| Fwd PE | 18.25 | ||
| P/S | 1.02 | ||
| P/FCF | 47.9 | ||
| P/OCF | 8.94 | ||
| P/B | 1.11 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 7.21 |
EPS(TTM)0.26
EY4.85%
EPS(NY)0.29
Fwd EY5.48%
FCF(TTM)0.11
FCFY2.09%
OCF(TTM)0.6
OCFY11.18%
SpS5.25
BVpS4.83
TBVpS3.43
PEG (NY)N/A
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.39% | ||
| ROE | 3.74% | ||
| ROCE | 2.55% | ||
| ROIC | 2.01% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 5.1% | ||
| OM | 2.75% | ||
| PM (TTM) | 3.46% | ||
| GM | 56.26% | ||
| FCFM | 2.13% |
ROA(3y)1.49%
ROA(5y)1.1%
ROE(3y)2.38%
ROE(5y)1.51%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-21.04%
ROICexcg growth 5Y0.6%
ROICexc growth 3Y-20.21%
ROICexc growth 5Y-0.54%
OM growth 3Y-15.87%
OM growth 5Y0.15%
PM growth 3Y-8.8%
PM growth 5Y43.05%
GM growth 3Y-0.57%
GM growth 5Y0.29%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 6.27 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 116.42% | ||
| Cap/Sales | 9.28% | ||
| Interest Coverage | 6.07 | ||
| Cash Conversion | 106.43% | ||
| Profit Quality | 61.59% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 2.23 |
F-Score6
WACC7.91%
ROIC/WACC0.25
Cap/Depr(3y)95.62%
Cap/Depr(5y)86.72%
Cap/Sales(3y)8.37%
Cap/Sales(5y)8.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)109.09%
EPS 3Y1.49%
EPS 5Y50.29%
EPS Q2Q%-116.67%
EPS Next Y-46.78%
EPS Next 2Y5.29%
EPS Next 3Y14.11%
EPS Next 5Y18.1%
Revenue 1Y (TTM)6.16%
Revenue growth 3Y9.09%
Revenue growth 5Y6.28%
Sales Q2Q%4.31%
Revenue Next Year2.08%
Revenue Next 2Y5.16%
Revenue Next 3Y6.19%
Revenue Next 5Y13.86%
EBIT growth 1Y131.06%
EBIT growth 3Y-8.23%
EBIT growth 5Y6.45%
EBIT Next Year136.08%
EBIT Next 3Y53.71%
EBIT Next 5Y43.85%
FCF growth 1Y347.41%
FCF growth 3Y-29.27%
FCF growth 5Y-17.05%
OCF growth 1Y38.34%
OCF growth 3Y6.24%
OCF growth 5Y1.77%