Materialise N.V. (ADR)

Factors to consider:

• Total employees count: 2556 (+1.7%) as of 2025
• Earnings for 6 months up through Q2 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-12-31 to 2027-12-31

• 2025-12-31 to 2026-12-31 estimated range: [5.57$, 9.59$]
• 2026-12-31 to 2027-12-31 estimated range: [5.73$, 9.91$]

Financial Metrics affecting the MTLS estimates:

• Positive: with PPE of 36.3 at the end of fiscal year the price was neutral
• Positive: 6.77 < Operating cash flow per share per price, % of 8.07
• Positive: 0.56 < Operating profit margin, % of 1.92
• Positive: Interest expense per share per price, % of 1.92 <= 2.54
• Positive: -16.84 < Industry operating profit margin (median), % of -12.56
• Positive: Industry inventory ratio change (median), % of -0.25 <= 0
• Positive: 0.90 < Industry operating cash flow per share per price (median), % of 1.15
• Positive: -4.49 < Investing cash flow per share per price, % of -3.32
• Positive: 0.90 < Return on assets ratio (scaled to [-100,100]) of 1.73