MTLS vs NNDM

For growth investors, Nano Dimension Ltd.

(NNDM) is the stronger pick with 2. 6% revenue growth year-over-year, versus -3. 6% for Materialise N. V. (MTLS). Materialise N. V. (MTLS) offers the better valuation at 36. 8x trailing P/E (30. 9x forward), making it the more compelling value choice. Analysts rate Materialise N. V. (MTLS) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, Materialise N.

V. is actually cheaper at 30. 9x.

Over the past 5 years, Nano Dimension Ltd.

(NNDM) delivered a total return of -70. 7%, compared to -78. 9% for Materialise N. V. (MTLS). Over 10 years, the gap is even starker: MTLS returned -16. 7% versus NNDM's -97. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Materialise N.

V. (MTLS) is the lower-risk stock at 1. 29β versus Nano Dimension Ltd. 's 1. 74β — meaning NNDM is approximately 34% more volatile than MTLS relative to the S&P 500. On balance sheet safety, Nano Dimension Ltd. (NNDM) carries a lower debt/equity ratio of 1% versus 26% for Materialise N. V. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Nano Dimension Ltd.

(NNDM) is pulling ahead at 2. 6% versus -3. 6% for Materialise N. V. (MTLS). On earnings-per-share growth, the picture is similar: Materialise N. V. grew EPS -43. 5% year-over-year, compared to -100. 0% for Nano Dimension Ltd.. Over a 3-year CAGR, NNDM leads at 76. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Materialise N.

V. (MTLS) is the more profitable company, earning 2. 9% net margin versus -166. 0% for Nano Dimension Ltd. — meaning it keeps 2. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MTLS leads at 1. 9% versus -149. 6% for NNDM. At the gross margin level — before operating expenses — MTLS leads at 57. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Materialise N.

V. (MTLS) trades at 30. 9x forward P/E versus 190. 0x for Nano Dimension Ltd. — 159. 1x cheaper on a one-year earnings basis.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Materialise N.

V. (MTLS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 29)). Nano Dimension Ltd. (NNDM) carries a higher beta of 1. 74 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MTLS: -16. 7%, NNDM: -97. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.