Will newest Materialise (USA Stocks:MTLS) debt levels change before the next earnings call?

Materialise NV (NASDAQ: MTLS), a technology company specializing in software services, has shown some intriguing financial dynamics ahead of its upcoming earnings report. With a total stockholder equity of 229M, the company has managed to maintain a strong financial position despite a net income loss of 2.2M from continuing operations. Materialise NV's total revenue stands at 232M, indicating a robust revenue stream despite the challenging market conditions. The company's total current liabilities are 106.1M, with short and long-term debt totaling 81M. This debt dynamic, coupled with a capital lease obligation of 8M, indicates a manageable debt load. The company's investment in property, plant, and equipment is substantial at 102.7M, suggesting a commitment to long-term growth and innovation. The company's real value is estimated at 10.15, slightly below the analyst target price of 11.5. This discrepancy may present an investment opportunity for those willing to bet on Materialise NV's future performance. However, potential investors should closely monitor the company's upcoming earnings report and any changes in its debt dynamics. Materialise NV is set to announce its earnings today. Currently, the company's Enterprise Value over EBIT appears to be stable, especially when compared to the previous year. In 2022, Materialise reported an Enterprise Value over EBIT of 131.00. The Enterprise Value over EBITDA is projected to increase to 16.96 in 2023. Meanwhile, the Earnings Before Interest, Taxes, and Depreciation Amortization (EBITDA) are expected to slightly exceed 23.9 million in 2023. Given the growing investor interest in the software space, it's reasonable to consider Materialise NV as a potential investment. We will assess why the recent price fluctuations in Materialise's stock suggest a potential rebound in August.
Published over a year ago
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Reviewed by Michael Smolkin

Materialise NV (MTLS), a prominent player in the Software-Application industry, is a compelling investment opportunity, particularly from a leverage perspective. The company has demonstrated robust financial health with total current assets of 216.4M and a gross profit of 128.8M. However, the firm has reported a decrease in cash of 55.2M, which could impact its short-term liquidity. Despite this, Materialise NV has managed to reduce its inventory by 5M, suggesting efficient inventory management. Furthermore, the company's operating income stands at 3.2M, indicating profitability. Investors should closely monitor the upcoming earnings report to understand the company's debt dynamics and assess the potential investment opportunity.

Additional examination

Materialise currently holds liabilities of $80.98 million, with a Debt to Equity (D/E) ratio of 0.35. This is roughly average compared to similar companies. The company's Beta (Market Risk) is 1.6677, indicating a somewhat significant risk relative to the market. In simple terms, Materialise's beta implies that if the market rises, the company is expected to outperform it. However, if the market sees negative returns, Materialise will likely underperform. While it's crucial to take into account Materialise NV's price patterns, it's equally important to maintain a realistic perspective on the equity's historical price patterns. The approach towards forecasting the future performance of any stock involves evaluating the business as a whole, along with its past performance. This includes considering all available fundamental and technical indicators. By analyzing Materialise NV's technical indicators, we can currently assess whether the expected return of 0.0233% will be sustainable in the future. At present, Materialise NV carries a risk of 3.25%. Please verify Materialise NV's information ratio and downside variance to determine if Materialise NV will continue its current price movements.
Materialise financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Materialise, including all of Materialise's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Materialise assets, the company is considered highly leveraged. Understanding the composition and structure of overall Materialise debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

Understanding Materialise Total Liabilities

Materialise NV liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Materialise NV has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Materialise balance sheet include debt obligations and money owed to different Materialise vendors, workers, and loan providers. Below is the chart of Materialise short long-term liabilities accounts currently reported on its balance sheet.
You can use Materialise NV financial leverage analysis tool to get a better grip on understanding its financial position

How important is Materialise's Liquidity

Materialise financial leverage refers to using borrowed capital as a funding source to finance Materialise NV ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Materialise financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Materialise's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Materialise's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Materialise's total debt and its cash.

An Additional Perspective On Materialise NV

This firm reported the previous year's revenue of 232.02 M. Net Loss for the year was (2.15 M) with profit before overhead, payroll, taxes, and interest of 128.77 M.

Asset Breakdown

166.8 M
Assets Non Current
88.5 M
Goodwill
190.2 M
Current Assets
Total Assets357 Million
Current Assets190.19 Million
Assets Non Current166.81 Million
Goodwill88.51 Million
Tax Assets1.28 Million
Materialise NV (NASDAQ: MTLS), a leading player in the Software-Application industry, is set to release its upcoming earnings report. The company's financial health is underpinned by a robust current ratio of 2.09X, indicating its ability to meet short-term obligations. Materialise NV's net working capital stands at a healthy $110.3M, further strengthening its liquidity position. The company's total revenue for the period was $232M, against a cost of revenue of $103.3M, resulting in a gross profit of $128.77M. However, the operating margin was a mere 0.0057%, reflecting the high operating expenses of $234.9M. The company reported a net loss from continuing operations of $2.2M, which is a concern for investors.
Materialise NV's long-term debt stands at $55.9M, resulting in a debt to equity ratio of 0.35%, which is relatively low, indicating a conservative approach to leverage. The company's total assets amount to $411.3M, against total liabilities of $182.3M, reflecting a solid balance sheet. The company's stock has a beta of 0.77, indicating lower volatility compared to the market. However, the downside deviation of 2.77 suggests potential risk. The Treynor Ratio of 0.1227 and Market Risk Adjusted Performance of 0.1327 indicate a decent risk-adjusted return. In conclusion, Materialise NV presents a mixed investment opportunity. While the company's strong liquidity position and conservative leverage are positive signs, the low operating margin and net loss from continuing operations raise concerns. Investors should closely monitor the upcoming earnings report for further insights. .

Possible August recoup of Materialise?

The latest Sortino Ratio of Materialise NV, a statistical metric used to gauge the risk-adjusted return of an investment, has recently climbed to 0.05. This uptick suggests a potential enhancement in the risk-return trade-off for the stock. However, investors should tread carefully as the stock price might undergo another downturn. This implies that while Materialise NV could potentially recover some of its losses in August, the threat of further price depreciation persists, necessitating vigilant tracking of the stock's performance. Currently, Materialise NV exhibits a below-average downside deviation. It has an Information Ratio of 0.04 and a Jensen Alpha of 0.1. However, we recommend investors to further scrutinize Materialise NV's expected returns to ensure all indicators align with the current outlook about its relatively low value at risk. Grasping different market volatility trends often aids investors in timing the market. The correct use of volatility indicators allows traders to measure Materialise's stock risk against market volatility during both bullish and bearish trends. The heightened level of volatility that accompanies bear markets can directly affect Materialise's stock price, adding stress to investors as they watch the value of their shares drop. This typically compels investors to rebalance their portfolios by purchasing different stocks as prices decline.

The Current Takeaway on Materialise Investment

When is the right time to buy or sell Materialise NV? Buying stocks such as Materialise isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
While some private investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Materialise.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Materialise NV. Please refer to our Terms of Use for any information regarding our disclosure principles.

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