MTLS (Materialise NV) Scaled Net Operating Assets: 0.43 (As of Mar. 2026)


MTLS Materialise NV MTLS
64 GF Score
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What is Materialise NV Scaled Net Operating Assets?

Materialise NV MTLS +1.05% 64 Scaled Net Operating Assets is 0.43 as of Mar. 2026. GuruFocus rates MTLS with a GF Score™ of 64/100. The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Materialise NV's operating assets for the quarter that ended in Mar. 2026 was $330.1 Mil. Materialise NV's operating liabilities for the quarter that ended in Mar. 2026 was $118.9 Mil. Materialise NV's Total Assets for the quarter that ended in Dec. 2025 was $492.6 Mil. Therefore, Materialise NV's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.43.

Materialise NV Scaled Net Operating Assets Historical Data

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The historical data trend for Materialise NV's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Materialise NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.38 0.43 0.45 0.52

Materialise NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.47 0.51 0.46 0.44 0.43

MTLS vs CRM, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Materialise NV's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Materialise NV's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Materialise NV's Scaled Net Operating Assets falls into.


MTLS
64GF Score
Materialise NV MTLS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Materialise NV Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Materialise NV's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(335.747-119.497)/415.012
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=492.56 - 156.813
=335.747

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=193.4 - 61.814 - 12.089
=119.497

Materialise NV's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(330.144-118.851)/492.56
=0.43

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=483.846 - 153.702
=330.144

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=188.361 - 58.369 - 11.141
=118.851

* 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.

What does a Scaled Net Operating Assets of 0.43 mean?
Materialise NV (MTLS) has a Scaled Net Operating Assets of 0.43 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Materialise NV and its competitors.
Is Materialise NV's Scaled Net Operating Assets too high?
Materialise NV's current Scaled Net Operating Assets is 0.43. Overall, Materialise NV has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Materialise NV's Scaled Net Operating Assets compare to CRM and SHOP?
Materialise NV's Scaled Net Operating Assets of 0.43 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 Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Materialise NV and its competitors. Materialise NV's current Scaled Net Operating Assets is 0.43. 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 (MTLS) has a current Scaled Net Operating Assets of 0.43. The current Scaled Net Operating Assets is 0.43. Materialise NV's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Materialise NV (MTLS), the current Scaled Net Operating Assets is 0.43 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

Other Exchanges 06MA:GermanyMTLS:Belgium
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.
64GF Score

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