MTLS
Materialise N.V.
MTLS trails on the overall score without a compensating advantage in the available component scores.
MU
Micron Technology, Inc.
MU has the edge over MTLS overall, supported by stronger valuation and stronger modeled upside.
MTLS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
MTLS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
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 MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
MTLS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect MTLS's earnings to grow, with its revenue and profitability holding steady.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over MTLS on the outlook, with more favorable revenue and profitability expectations.
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.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over MTLS on earnings, with more consistent year-over-year improvement.
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.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over MTLS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over MTLS on profitability, with a higher operating margin.
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 generated $22M in free cash flow over the past year, about three times what it generated the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over MTLS on cash flow, with more consistent year-over-year improvement.
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 the edge over MU on shareholder dilution, with a more favorable share count trend.
| 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.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has 1.1B diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
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 MU on leverage, with a lower net debt burden relative to earnings.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
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).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
MTLS PE vs Technology Sector
| Metric | MTLS | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 4% below |
| PE % | 15 | 35 | 20 pts below |
MTLS is trading at 27x earnings, in line with the Technology sector's median of 28x, though its earnings don't support one.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over MTLS on valuation relative to its sector.
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.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
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.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over MTLS on returns for 2026, with the stronger performance.