Is MATERIALISE NV (MTLS) Halal?

NASDAQ Technology Belgium $305M
✗ NOT HALAL
Confidence: 83/100
MATERIALISE NV (MTLS) is Not Halal under AAOIFI Standard 21. While the debt ratio of 12.6% is acceptable, the cash and interest-bearing securities ratio of 31.3% exceeds the 30% threshold. MATERIALISE NV operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.6%
/ 30%
31.3%
/ 30%
18.3%
/ 30%
N/A ✗ NOT HALAL
DJIM 12.6%
/ 33%
31.3%
/ 33%
18.3%
/ 33%
N/A ✓ HALAL
MSCI 10.4%
/ 33%
25.8%
/ 33%
15.1%
/ 33%
N/A ✓ HALAL
S&P 12.6%
/ 33%
31.3%
/ 33%
18.3%
/ 33%
N/A ✓ HALAL
FTSE 10.4%
/ 33%
25.8%
/ 33%
15.1%
/ 50%
N/A ✓ HALAL

Financial Highlights

P/E Ratio
32.0
Forward: 18.9
EPS
$0.15
P/B Ratio
1.0
EV/EBITDA
6.9
EV: $213M
Beta
1.2
High volatility
Current Ratio
2.4

Profitability

Gross Margin 57.1%
Operating Margin 4.4%
Net Margin 2.9%
Return on Equity (ROE) 3.1%
Return on Assets (ROA) 1.4%

Cash Flow & Balance Sheet

Operating Cash Flow$31M
Free Cash Flow$5M
Total Debt$41M
Debt-to-Equity24.7
Current Ratio2.4
Total Assets$396M

Price & Trading

Last Close$4.94
50-Day MA$5.35
200-Day MA$5.57
Avg Volume130K
Beta1.2
52-Week Range
$3.93
$6.80

About MATERIALISE NV (MTLS)

CEO
Ms. Brigitte de Vet-Veithen
Sector
Technology
Industry
Software - Application
Country
Belgium
Exchange
NASDAQ
Market Cap
$305M
Currency
USD

Materialise NV provides additive manufacturing and medical software tools, and 3D printing services in the Americas, Europe, Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers, and printing operations. Its software interfaces between various types of 3D printers; and various software applications and capturing technologies, including computer-aided design/computer-aided manufacturing packages and 3D scanners; a MES, software providers. This segment serves 3D printing machine manufacturers; production companies and contract manufacturers in automotive, aerospace, consumer goods, and hearing aid industries; and 3D printing service bureaus through its sales force, website, and third-party distributors. The Materialise Medical segment provides medical software that allows medical-image based analysis, planning, and engineering, as well as patient-specific design and printing of surgical devices and implants. It serves medical device companies, hospitals, universities, research institutes, and industrial companies through its direct sales force, website, and picture archiving and communication system. The Materialise Manufacturing segment provides 3D printing services, design and engineering services, and rapid prototyping and additive manufacturing of production parts to customers serving the automotive, consumer goods industrial goods, semiconductor, art and architecture and aerospace markets. The company has collaboration agreements with Zimmer Biomet Holdings, Inc.; Encore Medical, L.P.; DePuy Synthes Companies of Johnson & Johnson; Limacorporate Spa; Mathys AG; Smith & Nephew Inc.; Corin Ltd; Medtronic Inc.; and Abbott Laboratories Inc. Materialise NV was incorporated in 1990 and is headquartered in Leuven, Belgium.

Related Halal Stocks in Technology

Frequently Asked Questions

Is MATERIALISE NV (MTLS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MATERIALISE NV is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is MATERIALISE NV's debt ratio?

MATERIALISE NV's debt ratio is 12.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 10.4%.

What are MATERIALISE NV's key financial metrics?

MATERIALISE NV has a market capitalization of $305M, trailing P/E ratio of 32.0. The company maintains a gross margin of 57.1% and a net margin of 2.9%. Return on equity stands at 3.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.