# Materialise NV American (MTLS) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $7.46, market value $432 million.

## Valuation
- **P/E (trailing): 27.6×** (5-yr avg 59.2×, 3-yr avg 44.3×). Materialise NV American trades at 27.6× trailing earnings, well below its own five-year average of 59.2×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 27.9×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.1×**. Enterprise value is 9.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.7%** (5-yr avg 1.7%). Free cash flow equals 4.7% of the market value, above its five-year average of 1.7%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 3.6%**. The inverse of the P/E: 3.6% of the price is earned each year.

## Profitability
- **Gross margin: 57.2%**. Materialise NV American keeps 57.2% of revenue after the direct cost of what it sells.
- **Operating margin: 4.1%**. 4.1% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 2.9%**. 2.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.0%**. 3.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 6.2%**. Return on all capital, debt included, is 6.2%.
- **Return on assets: 3.2%**. Each dollar of assets produces 3.2% of profit.

## Growth
- **Revenue growth (1 yr): 0.3%** (3-yr 4.9%/yr, 5-yr 9.4%/yr). Revenue grew 0.3% over the last year, against 9.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -43.5%**. Earnings per share fell 43.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 137.1%/yr**. Free cash flow has compounded at 137.1% a year over three years.

## Financial health
- **Debt to equity: 0.25**. Debt is 0.25 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Materialise NV American holds more cash than debt.
- **Interest coverage: -2.9×**. Operating profit covers interest only -2.9×: fragile.
- **Current ratio: 2.43** (quick 2.27). Current assets cover the next year's liabilities 2.43 times.
- **Altman Z-score: 3.50**. A Z-score of 3.50 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Materialise NV American does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (3 analysts). 3 analysts cover Materialise NV American; the consensus is strong_buy, with an average price target of $8.95 (+20% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 50.1%** (YTD 34.4%, 3-mo 13.7%). The shares are up 50.1% over twelve months including dividends.
- **From 52-week high: -1.8%** (56.1% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 1.25** (volatility 46%). Beta of 1.25 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MTLS · Page: https://foliofundamentals.com/stocks/mtls

Not investment advice.