Materialise NV (MEX:MTLSN) E10: MXN1.37 (As of Mar. 2026)

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MEX:MTLSN Materialise NV MEX:MTLSN
44 GF Score
Price MXN105.00
! 4 Warning Signs
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What is Materialise NV E10?

Materialise NV MEX:MTLSN 44 E10 is MXN1.37 as of Mar. 2026. GuruFocus rates MEX:MTLSN with a GF Score™ of 44/100. The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Materialise NV's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN0.625. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN1.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Materialise NV's average E10 Growth Rate was 100.00% per year. During the past 3 years, the average E10 Growth Rate was 71.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Materialise NV was 71.00% per year. The lowest was 71.00% per year. And the median was 71.00% per year.

As of today (2026-08-10), Materialise NV's current stock price is MXN105.00. Materialise NV's E10 for the quarter that ended in Mar. 2026 was MXN1.37. Materialise NV's Shiller PE Ratio of today is 76.64.

During the past 13 years, the highest Shiller PE Ratio of Materialise NV was 110.83. The lowest was 76.00. And the median was 95.20.


Materialise NV  (MEX:MTLSN) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Materialise NV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=105.00/1.37
=76.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Materialise NV was 110.83. The lowest was 76.00. And the median was 95.20.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Materialise NV E10 Related Terms


Materialise NV E10 Historical Data

* Premium members only.

The historical data trend for Materialise NV's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Materialise NV E10 Chart

Materialise NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.55 0.75 0.44 1.11

Materialise NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.89 1.13 1.11 1.37

MEX:MTLSN vs QH, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Materialise NV's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Materialise NV Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Materialise NV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Materialise NV's Shiller PE Ratio falls into.


MEX:MTLSN
44GF Score
Materialise NV MEX:MTLSN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Materialise NV E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Materialise NV's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.625/136.5600*136.5600
=0.625

Current CPI (Mar. 2026) = 136.5600.

Materialise NV Quarterly Data

per share eps CPI Adj_EPS
201606 -0.208 102.267 -0.278
201609 -0.024 102.118 -0.032
201612 0.217 102.614 0.289
201703 -0.403 103.972 -0.529
201706 -0.406 103.902 -0.534
201709 -0.649 104.170 -0.851
201712 0.697 104.804 0.908
201803 -0.086 105.419 -0.111
201806 0.230 106.063 0.296
201809 0.873 106.618 1.118
201812 0.223 107.252 0.284
201903 -0.219 107.876 -0.277
201906 -0.217 107.896 -0.275
201909 0.435 107.470 0.553
201912 0.629 108.065 0.795
202003 -1.295 108.550 -1.629
202006 -1.040 108.540 -1.308
202009 -0.260 108.441 -0.327
202012 -0.968 108.511 -1.218
202103 -1.703 109.522 -2.123
202106 1.439 110.305 1.782
202109 3.629 111.543 4.443
202112 1.854 114.705 2.207
202203 0.050 118.620 0.058
202206 0.425 120.948 0.480
202209 0.398 124.120 0.438
202212 -1.652 126.578 -1.782
202303 1.158 126.528 1.250
202306 -0.186 125.973 -0.202
202309 1.301 127.083 1.398
202312 -0.185 128.292 -0.197
202403 1.082 130.552 1.132
202406 1.380 130.691 1.442
202409 1.093 130.968 1.140
202412 1.092 132.346 1.127
202503 -0.221 134.348 -0.225
202506 0.072 133.495 0.074
202509 0.861 133.740 0.879
202512 2.319 135.070 2.345
202603 0.625 136.560 0.625

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN1.37 mean?
Materialise NV (MEX:MTLSN) has a E10 of MXN1.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Materialise NV and its competitors.
Is Materialise NV's E10 too high?
Materialise NV's current E10 is MXN1.37. Overall, Materialise NV has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Materialise NV's E10 compare to QH and SHOP?
Materialise NV's E10 of MXN1.37 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Software company?
A good E10 depends on the Software industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Materialise NV and its competitors. Materialise NV's current E10 is MXN1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materialise NV stock overvalued right now?
Materialise NV (MEX:MTLSN) has a current E10 of MXN1.37. The current E10 is MXN1.37. Materialise NV's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Materialise NV (MEX:MTLSN), the current E10 is MXN1.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Materialise NV Business Description

Address Technologielaan 15, Leuven, BEL, 3001
Materialise NV is a provider of 3D-printed medical devices and software and a pioneer in additive manufacturing software and services. The company operates through three principal segments: Materialise Software, Materialise Medical, and Materialise Manufacturing, with the Materialise Medical segment generating maximum revenue. The Materialise Medical segment develops and delivers medical software solutions, medical devices, and related products and services; the Materialise Software segment develops and delivers additive manufacturing software solutions and related services; and the Materialise Manufacturing segment delivers 3D-printed products and related services. The company generates maximum revenue from the United States of America.
44GF Score

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E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN105.00
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