MTLS Stock | | | USD 7.04 0.06 0.85% |
Materialise financial indicator trend analysis is infinitely more than just investigating Materialise NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Materialise NV is a good investment. Please check the relationship between Materialise Net Profit Margin and its Operating Profit Margin accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materialise NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Profit Margin vs Operating Profit Margin
Net Profit Margin vs Operating Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Materialise NV Net Profit Margin account and
Operating Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Materialise's Net Profit Margin and Operating Profit Margin is 0.84. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Operating Profit Margin in the same time period over historical financial statements of Materialise NV, assuming nothing else is changed. The correlation between historical values of Materialise's Net Profit Margin and Operating Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Materialise NV are associated (or correlated) with its Operating Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Profit Margin has no effect on the direction of Net Profit Margin i.e., Materialise's Net Profit Margin and Operating Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Operating Profit Margin
Most indicators from Materialise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Materialise NV current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materialise NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Enterprise Value is expected to grow to about 544.5
M this year, even though
Selling General Administrative is projected to decline to slightly above 26.2
M.
Materialise fundamental ratios Correlations
Click cells to compare fundamentals
Materialise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Materialise fundamental ratios Accounts