Company Valuation: Materialise NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,234 486.3 350.8 401.7 279.2 375.2 - -
Change - -60.57% -27.86% 14.49% -30.49% 34.39% - -
Enterprise Value (EV) 1 1,128 418.4 287.6 340.6 208.4 294.5 278.9 257.3
Change - -62.91% -31.25% 18.42% -38.82% 41.29% -5.29% -7.75%
P/E 91.3x -206x 54x 29.6x 36.4x 30.8x 22.9x 16.8x
PBR 5.12x 2.12x 1.48x 1.62x 1.09x 1.51x 1.42x 1.3x
PEG - 2x -0x 0x -0.8x 0.5x 0.7x 0.5x
Capitalization / Revenue 6x 2.1x 1.37x 1.51x 1.04x 1.35x 1.27x 1.19x
EV / Revenue 5.49x 1.8x 1.12x 1.28x 0.78x 1.06x 0.95x 0.81x
EV / EBITDA 34.7x 22x 9.16x 10.8x 6.43x 7.92x 6.42x 4.99x
EV / EBIT 92.3x -146x 51.2x 36.1x 23.3x 31.7x 16.1x 10.8x
EV / FCF 79.9x -168x 34.3x 67.1x 23x 19.4x 16.3x 11.9x
FCF Yield 1.25% -0.59% 2.92% 1.49% 4.35% 5.16% 6.13% 8.4%
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 1 205.4 232 256.1 266.8 267.6 278.3 294.8 316.2
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 9.3 17.31 23.78
Net income 1 13.15 -2.123 6.722 13.47 7.718 13 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 6.485 6.485 6.485
Nbr of stocks (in thousands) 58,771 59,064 59,067 59,067 59,067 57,861 - -
Announcement Date 03/03/22 14/02/23 21/02/24 20/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.83x1.06x7.92x-.--% 419M
26.66x9.93x16.07x0.73% 3,937B
126.4x55.99x91.27x-.--% 472B
20.92x5.96x10.36x1.43% 423B
241.46x21.55x63.1x-.--% 312B
2611.5x43.74x143.09x-.--% 268B
28.9x5.91x18.36x1.29% 269B
74.96x6.92x18.48x-.--% 114B
43.13x11.92x30.6x-.--% 102B
486.47x20.33x80.41x-.--% 95.46B
Average 369.12x 18.33x 47.97x 0.34% 599.25B
Weighted average by Cap. 169.49x 15.36x 31.14x 0.64%

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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