MATERIALISE NV-ADR (MTLS) Stock Fundamental Analysis
NASDAQ:MTLS - Nasdaq - US57667T1007 - ADR - Currency: USD
Overall MTLS gets a fundamental rating of 4 out of 10. We evaluated MTLS against 281 industry peers in the Software industry. Both the profitability and the financial health of MTLS get a neutral evaluation. Nothing too spectacular is happening here. MTLS is valied quite expensively at the moment, while it does show a decent 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.
The reported net income has been mixed in the past 5 years: MTLS reported negative net income in multiple years.
Each year in the past 5 years MTLS had a positive operating cash flow.
1.2 Ratios
MTLS has a Return On Assets of 3.39%. This is in the better half of the industry: MTLS outperforms 71.53% of its industry peers.
MTLS's Return On Equity of 5.40% is fine compared to the rest of the industry. MTLS outperforms 71.17% of its industry peers.
MTLS's Return On Invested Capital of 2.53% is fine compared to the rest of the industry. MTLS outperforms 71.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.39% | ||
| ROE | 5.4% | ||
| ROIC | 2.53% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MTLS has a better Profit Margin (5.04%) than 69.75% of its industry peers.
MTLS's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 3.54%, MTLS is in the better half of the industry, outperforming 70.82% of the companies in the same industry.
MTLS's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 56.54%, MTLS is not doing good in the industry: 61.92% of the companies in the same industry are doing better.
MTLS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.54% | ||
| PM (TTM) | 5.04% | ||
| GM | 56.54% |
OM growth 3Y-15.87%
OM growth 5Y0.16%
PM growth 3Y-7.79%
PM growth 5Y44%
GM growth 3Y-0.57%
GM growth 5Y0.29%
2. Health
2.1 Basic Checks
MTLS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for MTLS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
MTLS has an Altman-Z score of 2.15. 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.
With a Altman-Z score value of 2.15, MTLS perfoms like the industry average, outperforming 54.80% of the companies in the same industry.
MTLS has a debt to FCF ratio of 8.13. This is a slightly negative value and a sign of low solvency as MTLS would need 8.13 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.13, MTLS is in line with its industry, outperforming 53.02% of the companies in the same industry.
A Debt/Equity ratio of 0.11 indicates that MTLS is not too dependend on debt financing.
MTLS has a Debt to Equity ratio (0.11) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 8.13 | ||
| Altman-Z | 2.15 |
ROIC/WACC0.32
WACC7.84%
2.3 Liquidity
A Current Ratio of 1.86 indicates that MTLS should not have too much problems paying its short term obligations.
With a Current ratio value of 1.86, MTLS perfoms like the industry average, outperforming 56.94% of the companies in the same industry.
MTLS has a Quick Ratio of 1.70. This is a normal value and indicates that MTLS is financially healthy and should not expect problems in meeting its short term obligations.
MTLS has a Quick ratio (1.70) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.86 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
MTLS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 109.09%, which is quite impressive.
MTLS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 50.29% yearly.
The Revenue has been growing slightly by 4.15% 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%600%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y9.09%
Revenue growth 5Y6.28%
Sales Q2Q%0.59%
3.2 Future
The Earnings Per Share is expected to grow by 15.99% on average over the next years. This is quite good.
MTLS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.86% yearly.
EPS Next Y-49.74%
EPS Next 2Y4.59%
EPS Next 3Y12.38%
EPS Next 5Y15.99%
Revenue Next Year2.2%
Revenue Next 2Y5.65%
Revenue Next 3Y6.3%
Revenue Next 5Y13.86%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 19.96 indicates a rather expensive valuation of MTLS.
MTLS's Price/Earnings ratio is a bit cheaper when compared to the industry. MTLS is cheaper than 76.87% of the companies in the same industry.
When comparing the Price/Earnings ratio of MTLS to the average of the S&P500 Index (27.85), we can say MTLS is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 39.48, the valuation of MTLS can be described as expensive.
MTLS's Price/Forward Earnings is on the same level as the industry average.
MTLS's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 20.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.96 | ||
| Fwd PE | 39.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTLS is valued cheaply inside the industry as 95.73% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTLS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.07 | ||
| EV/EBITDA | 6.68 |
4.3 Compensation for Growth
MTLS's earnings are expected to grow with 12.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.4
EPS Next 2Y4.59%
EPS Next 3Y12.38%
5. Dividend
5.1 Amount
MTLS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:MTLS (5/1/2025, 9:19:01 PM)
5.19
+0.05 (+0.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners15.38%
Inst Owner Change-2.37%
Ins Owners0.41%
Ins Owner ChangeN/A
Market Cap306.56M
Analysts84.44
Price Target9.93 (91.33%)
Short Float %0.8%
Short Ratio1.33
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)1
Avg EPS beat(2)47.06%
Min EPS beat(2)-1.96%
Max EPS beat(2)96.08%
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)1
Avg Revenue beat(2)-3.72%
Min Revenue beat(2)-9.94%
Max Revenue beat(2)2.5%
Revenue beat(4)1
Avg Revenue beat(4)-2.03%
Min Revenue beat(4)-9.94%
Max Revenue beat(4)2.5%
Revenue beat(8)2
Avg Revenue beat(8)-1.74%
Revenue beat(12)4
Avg Revenue beat(12)-1.03%
Revenue beat(16)8
Avg Revenue beat(16)-0.07%
PT rev (1m)0%
PT rev (3m)-7.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-59.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.96 | ||
| Fwd PE | 39.48 | ||
| P/S | 1.01 | ||
| P/FCF | 53.07 | ||
| P/OCF | 8.57 | ||
| P/B | 1.08 | ||
| P/tB | 1.54 | ||
| EV/EBITDA | 6.68 |
EPS(TTM)0.26
EY5.01%
EPS(NY)0.13
Fwd EY2.53%
FCF(TTM)0.1
FCFY1.88%
OCF(TTM)0.61
OCFY11.67%
SpS5.14
BVpS4.79
TBVpS3.37
PEG (NY)N/A
PEG (5Y)0.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.39% | ||
| ROE | 5.4% | ||
| ROCE | 3.21% | ||
| ROIC | 2.53% | ||
| ROICexc | 3.88% | ||
| ROICexgc | 6.29% | ||
| OM | 3.54% | ||
| PM (TTM) | 5.04% | ||
| GM | 56.54% | ||
| FCFM | 1.9% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-15.87%
OM growth 5Y0.16%
PM growth 3Y-7.79%
PM growth 5Y44%
GM growth 3Y-0.57%
GM growth 5Y0.29%
F-Score6
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 8.13 | ||
| Debt/EBITDA | 0.91 | ||
| Cap/Depr | 120.96% | ||
| Cap/Sales | 9.89% | ||
| Interest Coverage | 7.05 | ||
| Cash Conversion | 100.7% | ||
| Profit Quality | 37.8% | ||
| Current Ratio | 1.86 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 2.15 |
F-Score6
WACC7.84%
ROIC/WACC0.32
Cap/Depr(3y)95.08%
Cap/Depr(5y)86.4%
Cap/Sales(3y)8.39%
Cap/Sales(5y)8.24%
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%600%
EPS Next Y-49.74%
EPS Next 2Y4.59%
EPS Next 3Y12.38%
EPS Next 5Y15.99%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y9.09%
Revenue growth 5Y6.28%
Sales Q2Q%0.59%
Revenue Next Year2.2%
Revenue Next 2Y5.65%
Revenue Next 3Y6.3%
Revenue Next 5Y13.86%
EBIT growth 1Y67.9%
EBIT growth 3Y-8.22%
EBIT growth 5Y6.45%
EBIT Next Year154.24%
EBIT Next 3Y53.71%
EBIT Next 5YN/A
FCF growth 1Y-39.51%
FCF growth 3Y-28.9%
FCF growth 5Y-16.79%
OCF growth 1Y56.06%
OCF growth 3Y6.76%
OCF growth 5Y2.07%