MATERIALISE NV |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.24 USD | +3.15% |
|
+0.38% | -20.18% |
| Apr. 26 | European Equities Traded in the US as American Depositary Receipts Trend Higher in Friday Trading, End Week Up 3.4% | MT |
| Apr. 25 | Transcript : Materialise NV, Q1 2024 Earnings Call, Apr 25, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 863.8 | 2,400 | 1,234 | 485.7 | 351.3 | 289.9 | - | - |
| Enterprise Value (EV) 1 | 862.8 | 2,393 | 1,128 | 417.7 | 351.3 | 210.3 | 192.1 | 167.9 |
| P/E ratio | 544 x | -341 x | 91.3 x | -206 x | 54.1 x | 27.3 x | 18.9 x | 14.9 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 4.39 x | 14.1 x | 6.01 x | 2.09 x | 1.37 x | 1.07 x | 0.97 x | 0.9 x |
| EV / Revenue | 4.39 x | 14 x | 5.49 x | 1.8 x | 1.37 x | 0.78 x | 0.65 x | 0.52 x |
| EV / EBITDA | 32.4 x | 117 x | 34.7 x | 22 x | 11.2 x | 5.89 x | 4.52 x | 3.33 x |
| EV / FCF | 67.7 x | 126 x | 79.9 x | -168 x | - | 25.6 x | 19.2 x | 12.2 x |
| FCF Yield | 1.48% | 0.79% | 1.25% | -0.59% | - | 3.9% | 5.21% | 8.22% |
| Price to Book | 6.19 x | 17.8 x | 5.12 x | 2.12 x | - | 1.37 x | 1.28 x | 1.17 x |
| Nbr of stocks (in thousands) | 52,891 | 54,083 | 58,771 | 59,064 | 59,067 | 59,067 | - | - |
| Reference price 2 | 16.33 | 44.38 | 20.99 | 8.223 | 5.948 | 4.908 | 4.908 | 4.908 |
| Announcement Date | 3/4/20 | 3/9/21 | 3/3/22 | 2/14/23 | 2/21/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 196.7 | 170.4 | 205.4 | 232 | 256.1 | 270.8 | 297.7 | 322.6 |
| EBITDA 1 | 26.66 | 20.38 | 32.5 | 19.01 | 31.4 | 35.73 | 42.48 | 50.47 |
| EBIT 1 | 7.016 | -0.803 | 12.22 | -2.872 | 5.619 | 11.7 | 16.88 | 24.88 |
| Operating Margin | 3.57% | -0.47% | 5.95% | -1.24% | 2.19% | 4.32% | 5.67% | 7.71% |
| Earnings before Tax (EBT) 1 | 4.319 | -8.22 | 13.74 | -1.178 | 6.772 | 12.3 | 16.3 | 22.7 |
| Net income 1 | 1.646 | -7.124 | 13.15 | -2.123 | 6.722 | 10.7 | 14.3 | 19.4 |
| Net margin | 0.84% | -4.18% | 6.4% | -0.91% | 2.62% | 3.95% | 4.8% | 6.01% |
| EPS 2 | 0.0300 | -0.1300 | 0.2300 | -0.0400 | 0.1100 | 0.1800 | 0.2600 | 0.3300 |
| Free Cash Flow 1 | 12.74 | 18.95 | 14.12 | -2.485 | - | 8.2 | 10 | 13.8 |
| FCF margin | 6.48% | 11.12% | 6.87% | -1.07% | - | 3.03% | 3.36% | 4.28% |
| FCF Conversion (EBITDA) | 47.78% | 92.97% | 43.45% | - | - | 22.95% | 23.54% | 27.34% |
| FCF Conversion (Net income) | 773.82% | - | 107.35% | - | - | 76.64% | 69.93% | 71.13% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/4/20 | 3/9/21 | 3/3/22 | 2/14/23 | 2/21/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 52.2 | 56.99 | 52.96 | 58.07 | 58.29 | 62.7 | 65.89 | 64.81 | 60.13 | 65.3 | 63.64 | 67.85 | 66.55 | 72.35 | 70.6 |
| EBITDA | 9.739 | 10.49 | 5.443 | 4.24 | 5.072 | 4.258 | - | - | 7.857 | - | - | - | - | - | - |
| EBIT 1 | 4.529 | 4.976 | 0.049 | -1.084 | -0.282 | -1.554 | 4.998 | -0.597 | 2.33 | -1.113 | 2.585 | 3.4 | 1.9 | - | 3.2 |
| Operating Margin | 8.68% | 8.73% | 0.09% | -1.87% | -0.48% | -2.48% | 7.59% | -0.92% | 3.87% | -1.7% | 4.06% | 5.01% | 2.85% | - | 4.53% |
| Earnings before Tax (EBT) 1 | 8.732 | 5.252 | 0.425 | 1.496 | 1.891 | -4.99 | - | - | 3.649 | - | 4.096 | - | - | - | - |
| Net income 1 | 8.655 | 4.769 | 0.134 | 0.903 | 1.421 | -4.58 | - | - | 4.017 | - | 3.591 | - | - | - | - |
| Net margin | 16.58% | 8.37% | 0.25% | 1.56% | 2.44% | -7.3% | - | - | 6.68% | - | 5.64% | - | - | - | - |
| EPS 2 | 0.1500 | 0.0800 | - | 0.0200 | 0.0200 | -0.0800 | - | - | - | - | 0.0600 | 0.0400 | 0.0400 | - | 0.0500 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/21 | 3/3/22 | 4/28/22 | 7/28/22 | 10/27/22 | 2/14/23 | 4/27/23 | 7/26/23 | 10/26/23 | 2/21/24 | 4/25/24 | - | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 0.96 | 7.05 | 106 | 67.9 | - | 79.6 | 97.8 | 122 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 12.7 | 18.9 | 14.1 | -2.49 | - | 8.2 | 10 | 13.8 |
| ROE (net income / shareholders' equity) | 1.2% | -5.23% | 7.19% | -0.92% | - | 4.4% | 5.5% | 6.7% |
| ROA (Net income/ Total Assets) | - | - | 3.56% | - | - | - | - | - |
| Assets 1 | - | - | 369.7 | - | - | - | - | - |
| Book Value Per Share 2 | 2.640 | 2.490 | 4.100 | 3.880 | - | 3.580 | 3.820 | 4.180 |
| Cash Flow per Share | 0.4600 | - | 0.4500 | - | - | - | - | - |
| Capex 1 | 15.7 | 11 | 7.93 | 21.6 | - | 24.4 | 24.4 | 26.8 |
| Capex / Sales | 7.96% | 6.47% | 3.86% | 9.31% | - | 9% | 8.2% | 8.31% |
| Announcement Date | 3/4/20 | 3/9/21 | 3/3/22 | 2/14/23 | 2/21/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
4.908
EUR
Average target price
9.829
EUR
Spread / Average Target
+100.26%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -20.18% | 310M | |
| +5.58% | 82.93B | |
| +3.69% | 76.85B | |
| -14.62% | 53.04B | |
| -24.56% | 46.55B | |
| +31.16% | 50.15B | |
| +17.75% | 41.41B | |
| +55.21% | 35.63B | |
| -10.24% | 24.64B | |
| -21.24% | 23.04B |
- Stock Market
- Equities
- MTLS Stock
- Financials Materialise NV
