AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
MTLS
Materialise N.V.
MTLS has a slight edge over AAPL overall, supported by stronger valuation and stronger modeled upside.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
MTLS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
MTLS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
MTLS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 27x | $6.59 | — |
| Cheap | 28x | $6.92 | +5% |
| Fair | 43x | $10.75 | +63% |
| Expensive | 171x | $42.74 | +549% |
Historical ranges are pointers, not guarantees.
MTLS has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
MTLS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect MTLS's earnings to grow, with its revenue and profitability holding steady.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over MTLS on earnings, with more consistent year-over-year improvement.
MTLS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.25 | +213% |
| Q2 2026 | $0.26 | +136% |
| Q1 2026 | $0.19 | +12% |
| Q4 2025 | $0.15 | -40% |
| Q4 2025 | $0.08 | -58% |
| Q2 2025 | $0.11 | -48% |
| Q1 2025 | $0.17 | +31% |
| Q4 2024 | $0.25 | +92% |
MTLS earned $0.25 per share over the past year, about three times what it earned the year before.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL has the edge over MTLS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over MTLS on profitability, with a higher operating margin.
MTLS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $74.7M | -0.3% |
| Q2 2026 | $79.1M | +9.9% |
| Q1 2026 | $73.6M | -0.2% |
| Q4 2025 | $77.9M | +6.8% |
| Q4 2025 | $75M | -1.7% |
| Q2 2025 | $72M | -5.8% |
| Q1 2025 | $73.7M | +4.3% |
| Q4 2024 | $73M | +0.6% |
MTLS's revenue grew through 2023 and has held roughly level since: $75M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.3% | -3.5 points |
| Q2 2026 | 2.9% | -1.3 points |
| Q1 2026 | 3.1% | +2.3 points |
| Q4 2025 | 4.4% | +6.4 points |
| Q4 2025 | 3.8% | -2.5 points |
| Q2 2025 | 4.2% | -1.3 points |
| Q1 2025 | 0.9% | -3.2 points |
| Q4 2024 | -1.9% | -0.2 points |
MTLS's operating margin was 0.3% last quarter, down 3.5 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
MTLS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $8.3M | +70% |
| Q2 2026 | $6.6M | +$11.9M |
| Q1 2026 | $6M | -31% |
| Q4 2025 | $1.2M | +$2.9M |
| Q4 2025 | $4.9M | +$5.4M |
| Q2 2025 | -$5.3M | -$5.2M |
| Q1 2025 | $8.8M | +10% |
| Q4 2024 | -$1.7M | +$792.1K |
MTLS has the edge over AAPL on cash flow, with more consistent year-over-year improvement.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over MTLS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
MTLS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -268K shares |
| 1 year | -1.7% | -1M shares |
| 3 years | -1.7% | -1M shares |
| 5 years | -1.5% | -883K shares |
| Available history | +7.9% | +4.3M shares |
MTLS has 58M diluted shares, down 1.7% from a year ago, with $8M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.3M |
| Q2 2026 | $3.3M |
| Q1 2026 | $2.6M |
| Q4 2025 | — |
| Q4 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
MTLS spent $8M buying back its own shares over the past year, after none the year before.
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL's net debt is less than a year of its operating earnings (EBITDA).
MTLS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.0x | Net Cash |
| Q2 2026 | -2.4x | Net Cash |
| Q1 2026 | -2.4x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q4 2025 | -2.0x | Net Cash |
| Q2 2025 | -2.0x | Net Cash |
| Q1 2025 | -2.0x | Net Cash |
| Q4 2024 | -1.7x | Net Cash |
MTLS has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
MTLS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.9 | Neutral |
| Stochastic | 20.6 | Neutral |
MTLS's weekly RSI is 45 (neutral) and its Stochastic is 21 (neutral).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
MTLS PE vs Technology Sector
| Metric | MTLS | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 4% below |
| PE % | 15 | 35 | 20 pts below |
MTLS has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over MTLS on trend strength, trading above more of its moving averages.
MTLS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.80 | 16% below |
| 20 week MA | $7.30 | 9.7% below |
| 50 week MA | $6.31 | 4.4% above |
| 100 week MA | $6.10 | 8% above |
| 200 week MA | $6.37 | 3.5% above |
MTLS has slipped below its 8- and 20-week averages, though it's still 3.5% above its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over MTLS on returns for 2026, with the stronger performance.
MTLS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.5 | $56.4 | +204% |
| 2021 | $56.4 | $24.5 | -57% |
| 2022 | $24.5 | $8.65 | -65% |
| 2023 | $8.65 | $6.57 | -24% |
| 2024 | $6.57 | $7.19 | +9.4% |
| 2025 | $7.19 | $5.57 | -23% |
| 2026 YTD | $5.57 | $6.59 | +18% |
MTLS's yearly returns have swung widely, from +204% in 2020 to −65% in 2022. It's up 18% so far in 2026.