WallStSmart

Materialise NV (MTLS)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 13858% more annual revenue ($37.34B vs $267.53M). SAP leads profitability with a 19.6% profit margin vs 3.8%. MTLS appears more attractively valued with a PEG of 1.26. SAP earns a higher WallStSmart Score of 59/100 (C).

MTLS

Hold

47

out of 100

Grade: D+

Growth: 5.3Profit: 4.0Value: 5.0Quality: 8.0
Piotroski: 4/9Altman Z: 2.11

SAP

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 8.5Value: 4.7Quality: 6.8
Piotroski: 6/9Altman Z: 3.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for MTLS.

SAPSignificantly Overvalued (-34.7%)

Margin of Safety

-34.7%

Fair Value

$145.83

Current Price

$184.77

$38.94 premium

UndervaluedFair: $145.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MTLS3 strengths · Avg: 9.7/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

EPS GrowthGrowth
102.6%10/10

Earnings expanding 102.6% YoY

Debt/EquityHealth
0.249/10

Conservative balance sheet, low leverage

SAP4 strengths · Avg: 9.3/10
Operating MarginProfitability
30.0%10/10

Strong operational efficiency at 30.0%

Altman Z-ScoreHealth
3.1110/10

Safe zone — low bankruptcy risk

Market CapQuality
$192.92B9/10

Large-cap with strong market position

Free Cash FlowQuality
$3.27B8/10

Generating 3.3B in free cash flow

Areas to Watch

MTLS4 concerns · Avg: 3.3/10
P/E RatioValuation
33.0x4/10

Premium valuation, high expectations priced in

Market CapQuality
$385.09M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.1%3/10

ROE of 4.1% — below average capital efficiency

Profit MarginProfitability
3.8%3/10

3.8% margin — thin

SAP0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : MTLS

The strongest argument for MTLS centers on Price/Book, EPS Growth, Debt/Equity. PEG of 1.26 suggests the stock is reasonably priced for its growth.

Bull Case : SAP

The strongest argument for SAP centers on Operating Margin, Altman Z-Score, Market Cap. Profitability is solid with margins at 19.6% and operating margin at 30.0%. PEG of 1.44 suggests the stock is reasonably priced for its growth.

Bear Case : MTLS

The primary concerns for MTLS are P/E Ratio, Market Cap, Return on Equity. Thin 3.8% margins leave little buffer for downturns.

Bear Case : SAP

No major red flags identified for SAP, but monitor valuation.

Key Dynamics to Monitor

MTLS profiles as a value stock while SAP is a mature play — different risk/reward profiles.

MTLS carries more volatility with a beta of 1.35 — expect wider price swings.

SAP is growing revenue faster at 6.0% — sustainability is the question.

SAP generates stronger free cash flow (3.3B), providing more financial flexibility.

Bottom Line

SAP scores higher overall (59/100 vs 47/100), backed by strong 19.6% margins. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Materialise NV

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Materialize NV offers additive manufacturing and medical software and 3D printing services in the Americas, Europe, Africa, and Asia-Pacific. The company is headquartered in Leuven, Belgium.

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SAP SE ADR

TECHNOLOGY · SOFTWARE - APPLICATION · USA

SAP SE is a global enterprise application software company. The company is headquartered in Walldorf, Germany.

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