MTLS
Materialise N.V.
MTLS trails on the overall score without a compensating advantage in the available component scores.
NVDA
NVIDIA Corporation
NVDA 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.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA'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's PE is 27x, but its earnings don't support one, so it isn't a reliable read right now.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA has the edge over MTLS in the historical PE scenario, which offers more potential upside but is not a forecast.
MTLS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect MTLS's earnings to grow, with its revenue and profitability holding steady.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
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.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA 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.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over MTLS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA 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.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA 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 NVDA 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.
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has 24.3B diluted shares, down 1% from a year ago, with $55.3B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
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 NVDA on leverage, with a lower net debt burden relative to earnings.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
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).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
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.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA 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 the edge over NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% 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 has the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.