Company Valuation: Materialise NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,234 486.3 350.8 401.7 279.2 447.6 - -
Change - -60.57% -27.86% 14.49% -30.49% 60.32% - -
Enterprise Value (EV) 1 1,128 418.4 287.6 340.6 208.4 366.9 351.3 329.7
Change - -62.91% -31.25% 18.42% -38.82% 76.04% -4.24% -6.15%
P/E 91.3x -206x 54x 29.6x 36.4x 36.8x 27.4x 20x
PBR 5.12x 2.12x 1.48x 1.62x 1.09x 1.81x 1.69x 1.55x
PEG - 2x -0x 0x -0.8x 0.6x 0.8x 0.5x
Capitalization / Revenue 6x 2.1x 1.37x 1.51x 1.04x 1.61x 1.52x 1.41x
EV / Revenue 5.49x 1.8x 1.12x 1.28x 0.78x 1.32x 1.19x 1.04x
EV / EBITDA 34.7x 22x 9.16x 10.8x 6.43x 9.87x 8.08x 6.39x
EV / EBIT 92.3x -146x 51.2x 36.1x 23.3x 31.7x 20.2x 11.9x
EV / FCF 79.9x -168x 34.3x 67.1x 23x 24.1x 20.5x 15.3x
FCF Yield 1.25% -0.59% 2.92% 1.49% 4.35% 4.14% 4.87% 6.55%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.23 -0.04 0.11 0.23 0.13 0.2103 0.2826 0.387
Distribution rate - - - - - - - -
Net sales 1 205.4 232 256.1 266.8 267.6 278.3 294.8 318.4
EBITDA 1 32.5 19.01 31.4 31.48 32.39 37.16 43.47 51.58
EBIT 1 12.22 -2.872 5.619 9.432 8.936 11.57 17.41 27.68
Net income 1 13.15 -2.123 6.722 13.47 7.718 12.43 16.72 22.75
Net Debt 1 -105.5 -67.94 -63.18 -61.02 -70.8 -80.76 -96.33 -117.9
Reference price 2 20.989 8.234 5.939 6.800 4.727 7.736 7.736 7.736
Nbr of stocks (in thousands) 58,771 59,064 59,067 59,067 59,067 57,861 - -
Announcement Date 3/3/22 2/14/23 2/21/24 2/20/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.78x1.32x9.87x-.--% 499M
26.96x9.94x16.21x0.72% 3,946B
128.17x56.68x92.27x-.--% 478B
19.65x5.66x9.86x1.53% 396B
254.87x22.75x66.61x-.--% 329B
29.49x6.03x18.74x1.26% 274B
2680.2x44.91x146.93x-.--% 275B
98.26x9.75x26.09x-.--% 160B
60.22x16.14x42.53x-.--% 136B
13.62x3.62x7.57x-.--% 96.66B
Average 334.82x 17.68x 43.67x 0.35% 608.98B
Weighted average by Cap. 169.06x 15.46x 31.21x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Materialise NV

Historical PBR trend

Valuation ratios - PBR - Materialise NV

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Materialise NV

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Materialise NV


Year-on-year evolution of the Yield

Valuation ratios - Yield - Materialise NV
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