Materialise Nv
Research Materialise Nv (MTLS) on Bullrun: valuation model: 6.0% undervalued, market cap USD 483.62M, P/E 31.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMTLS
- ExchangeNASDAQ
- CountryBelgium
- SectorTechnology
- IndustrySoftware-Application
- CurrencyUSD
- Valuation signal6.0% undervalued
- Market capUSD 483.62M
- P/E31.7
- Financial periodQ2 2026
- RevenueEUR 70.07M
- Net incomeEUR 3.33M
- Free cash flowEUR 6.17M
- Gross margin56.8%
Valuation Snapshot
Bullrun's latest valuation model marks Materialise Nv as 6.0% undervalued; latest market cap is USD 483.62M; P/E is 31.7.
Peer valuation comparison
Latest P/E is 31.74x versus a Technology sector median of 28.78x (10.3% above).
Latest P/E is 31.74x versus a Belgium median of 12.53x (153.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | EUR 267.63M | EUR 7.72M | EUR 9.06M | 57.1% | 0.13 | EUR 133.92M | EUR 63.11M | EUR 255.56M |
| FY2024 | EUR 266.77M | EUR 13.44M | EUR 5.08M | 56.5% | 0.23 | EUR 102.30M | EUR 41.28M | EUR 248.58M |
| FY2023 | EUR 256.13M | EUR 6.72M | EUR 8.40M | 56.7% | 0.11 | EUR 127.57M | EUR 64.40M | EUR 236.65M |
| FY2022 | EUR 232.02M | -EUR 2.12M | -EUR 2.49M | 55.5% | -0.04 | EUR 140.87M | EUR 80.98M | EUR 228.96M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 483.62M | 31.7 | n/a | n/a |
| 2025 | 2025-12-31 | USD 327.82M | 185.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 415.83M | 28.2 | n/a | n/a |
| 2023 | 2023-12-29 | USD 388.07M | 131.4 | n/a | n/a |
| 2022 | 2022-12-30 | USD 519.76M | 67.7 | n/a | n/a |
| 2021 | 2021-12-31 | USD 1.41B | 91.8 | n/a | n/a |
About Materialise Nv
Materialise NV provides additive manufacturing and medical software tools, and 3D printing services in the Americas, Europe, Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers proprietary software through programs and platforms that enable and enhance the functionality of 3D printers, and printing operations. Its software interfaces between various types of 3D printers;
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Frequently asked questions
Is Materialise Nv overvalued or undervalued?
Bullrun's valuation model currently marks Materialise Nv as 6.0% undervalued.
What is Materialise Nv's market cap?
Materialise Nv's market capitalization is USD 483.62M.
What is Materialise Nv's P/E ratio?
Materialise Nv's price-to-earnings (P/E) ratio is 31.7.
What does Materialise Nv do?
Materialise NV provides additive manufacturing and medical software tools, and 3D printing services in the Americas, Europe, Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers proprietary software through programs and platforms that enable and enhance the functionality of 3D printers, and printing operations.