MTLS vs PATH vs SKKY Stock Comparison

Materialise, UiPath and Skkynet Cloud Systems Prices as of Oct 27, 2026 Peers: Industry group
1 more company in this comparison (APPN) Create a free account to keep reading and compare up to 10 companies.
MTLS Materialise Nv
$8.62 +2.3% 1M +45.1% 1Y
Market cap
$392.20M
P/E
25.5x
Revenue (TTM)
$318.18M
Div. yield
–
Business Process Automation Technology
4 wins
PATH UiPath, Inc.
$14.07 +12.8% 1M -19.1% 1Y
Market cap
$7.36B
P/E
20.3x
Revenue (TTM)
$1.72B
Div. yield
–
Business Process Automation Technology
6 wins

Head to Head

11 decided of 12

UiPath leads on 6 of the 12 questions below (UiPath 6, Materialise 4, Skkynet Cloud Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMTLSPATHSKKYLeader
Larger companyMarket capitalisation $392.20M $7.36B $32.95M PATH
Cheaper on earningsLower P/E, profitable companies only 25.5x 20.3x -108.6x PATH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 43.1x 18.5x — PATH
Faster revenue growthRevenue growth, trailing twelve months +10.2% +15.0% -7.4% PATH
More profitableNet margin, trailing twelve months 4.8% 21.0% -12.8% PATH
Better return on capitalReturn on invested capital 3.5% — -30.7% MTLS
Less leveragedLower net debt / EBITDA -2.5x — 1.8x MTLS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% — –
Better 1-year returnPrice return, last 12 months +45.1% -19.1% 0.0% MTLS
Better 5-year returnAnnualised price return, 5 years -19.3%/yr -22.8%/yr 0.0%/yr SKKY
Less volatileAnnualised volatility, 1 year 42.0% 64.4% 179.2% MTLS
Higher overall scoreMean of the five percentile scores vs peers 64/100 77/100 32/100 PATH

Percentile Scorecard

MTLSPATHSKKY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMTLSPATHSKKY
Valuation 86 #15 of 101 78 #23 of 101 12 #89 of 101
Growth 88 #13 of 97 87 #14 of 97 2 #95 of 97
Profitability 60 #38 of 94 75 #24 of 94 28 #68 of 94
Financial Health 80 #22 of 108 89 #13 of 108 84 #18 of 108
Shareholder Returns 8 #59 of 64 56 #29 of 64 –
Overall 64 77 32
  • MTLS ranked among 114 companies in Business Applications
  • PATH ranked among 114 companies in Business Applications
  • SKKY ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMTLSPATHSKKYSPY
1 month +2.3%+12.8%+37.8% -0.2%
3 months +33.9%+15.5%+24.0% +3.9%
6 months +62.6%+33.2%+113.8% +8.2%
Year to date +55.3%-14.2%+93.8% +12.9%
1 year +45.1%-19.1%0.0% +12.3%
3 years +61.7%-5.8%+77.1% +87.4%
3 years, per year +17.4%-2.0%+21.0% +23.3%
5 years -65.8%-72.5%0.0% +67.9%
5 years, per year -19.3%-22.8%0.0% +10.9%
10 years +18.1%—— +261.1%
10 years, per year +1.7%—— +13.7%

Risk

MeasureMTLSPATHSKKYSPY
Volatility, 1Y 42.0%64.4%179.2% 12.7%
Downside volatility, 1Y 38.2%65.8%275.1% 12.7%
Beta vs S&P 500, 1Y 1.101.05-0.27 1.00
Return / volatility, 1Y 1.07-0.300.00 0.97
Max drawdown, 5Y -84.7%-83.7%-85.9% -25.4%
From 52-week high -1.5%-27.1%-17.3% -1.2%
52-week high $8.75$19.29$0.75 $779.14
52-week low $4.80$9.38$0.21 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMTLSPATHSKKY
P/E now vs peer median 33.1xmedian 28.3x 20.2xmedian 28.3x -108.6xmedian 28.3x
P/S now vs peer median 1.6xmedian 2.8x 3.7xmedian 2.8x 13.9xmedian 2.8x
EV/EBITDA now vs peer median 10.5xmedian 17.3x 17.3xmedian 17.3x -41.2xmedian 17.3x
P/FCF now vs peer median 31.5xmedian 15.8x 17.7xmedian 15.8x -2,757xmedian 15.8x
P/B now vs peer median 1.7xmedian 3.2x 3.3xmedian 3.2x 37.5xmedian 3.2x
PEG now vs peer median 0.11median 0.85 0.33median 0.85 1.57median 0.85

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMTLSPATHSKKY
Revenue $318.18M $1.72B $2.37M
Gross profit $182.10M $1.42B –
Operating income $12.25M $152.95M -$671.70K
Net income $15.39M $361.92M -$303.29K
Free cash flow $16.15M $362.96M -$11.95K
R&D $55.71M $368.32M –
EPS (diluted) $0.26 $0.69 $-0.01
Cash & equivalents $152.75M $607.41M $1.59M
Total debt $53.39M – $387.48K
Shares (diluted) 59.07M 523.01M 53.14M
Enterprise value -$225.11M $1.89B $27.21M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMTLSPATHSKKY
P/E 33.1x 20.2x -108.6x
P/FCF 31.5x 17.7x -2,757x
P/Operating cash flow 14.2x 17.2x -2,757x
P/S 1.6x 3.7x 13.9x
P/B 1.7x 3.3x 37.5x
P/Tangible book 1.9x 3.5x 37.5x
EV/EBITDA 10.5x 17.3x -41.2x
EV/EBIT 33.4x 33.6x -47.0x
EV/Revenue 1.3x 3.0x 13.3x
EV/FCF 25.4x 14.2x -2,643x
EV/Operating cash flow 11.4x 13.8x -2,643x
PEG (3Y EPS CAGR) 0.11 0.33 1.57

Growth

14 metrics
MetricMTLSPATHSKKY
Revenue growth (1Y) 10.2% 15.0% -7.4%
Revenue CAGR (3Y) 6.4% 14.4% 0.2%
Gross profit growth (1Y) 11.4% 14.6% –
Gross profit CAGR (3Y) 7.0% 13.8% –
Operating income growth (1Y) 73.2% 430.0% -1,158%
Operating income CAGR (3Y) 62.7% 38.3% -78.5%
Net income growth (1Y) 150.8% 1,695% -379.8%
Net income CAGR (3Y) 330.9% 59.2% -72.7%
EPS growth (1Y) 151.3% 1,763% -413.4%
EPS CAGR (3Y) 310.4% 61.2% -69.4%
Operating cash flow growth (1Y) 46.9% 11.5% -105.0%
Operating cash flow CAGR (3Y) 32.9% 27.9% -27.3%
Free cash flow growth (1Y) 340.6% 17.2% -105.0%
Free cash flow CAGR (3Y) 53.8% 29.3% -27.3%

Profitability

14 metrics
MetricMTLSPATHSKKY
Gross margin 57.2% 82.6% –
EBITDA margin 12.3% 17.2% -32.3%
Operating margin 3.9% 8.9% -28.3%
Pretax margin 4.9% 12.3% -26.6%
Net margin 4.8% 21.0% -12.8%
FCF margin 5.1% 21.1% -0.5%
Operating cash flow margin 11.3% 21.7% -0.5%
Return on equity 5.3% 18.8% -35.4%
Return on assets 3.2% 12.5% -15.8%
Return on invested capital 3.5% – -30.7%
Return on capital employed 3.3% 7.3% -60.0%
Asset turnover 0.7x 0.6x 1.2x
Cash conversion (OCF / net income) 2.3x 1.0x 0.0x
Stock comp / revenue 0.1% 13.6% 9.4%

Financial Health

11 metrics
MetricMTLSPATHSKKY
Debt / assets 11.2% – 11.6%
Debt / equity 0.2x – 0.3x
Net debt / EBITDA -2.5x – 1.8x
Debt / FCF 3.3x – -18.5x
Liabilities / assets 38.6% 33.0% 53.7%
Equity / assets 61.4% 67.0% 46.3%
Interest coverage 27.6x – –
Current ratio 2.4x 2.4x 2.4x
Quick ratio 2.1x 2.1x 2.4x
Cash ratio 1.5x 1.6x 2.0x
Altman Z-score 2.96 4.45 15.16

Shareholder Returns

7 metrics
MetricMTLSPATHSKKY
Dividend yield – – –
Net buyback yield -21.0% 3.9% –
Shareholder yield -21.0% 3.9% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMTLSPATHSKKY
Forward P/E 43.1xFY2026 18.5xFY2026 –
EPS, next fiscal year $0.20FY2026 $0.76FY2026 –
EPS growth, next FY +33.3%FY2026 +5.6%FY2026 –
EPS growth, the year after +45.0% +14.5% –
Revenue, next fiscal year $302.24MFY2026 $1.87BFY2026 –
Revenue growth, next FY -3.8%FY2026 +16.3%FY2026 –
Revenue growth, the year after +17.6% -3.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMTLSPATHSKKY
Held by institutions 13.7% 79.0% –
Institutions holding 59 525 –
Change in shares held, QoQ +9.4% +14.3% –
Institutions buying 23 276 –
Institutions selling 22 169 –
Buyers to sellers 1.05 1.63 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MTLSPATHSKKY
MTLS 1.00 0.20 0.00
PATH 0.20 1.00 -0.02
SKKY 0.00 -0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MTLS, PATH and SKKY?

UiPath (PATH) is the largest by market capitalisation: Materialise (MTLS) $392.20M, UiPath (PATH) $7.36B, Skkynet Cloud Systems (SKKY) $32.95M.

Which stock is cheaper, MTLS, PATH and SKKY?

UiPath (PATH) trades on the lowest price-to-earnings ratio (Materialise (MTLS) 25.5x, UiPath (PATH) 20.3x, Skkynet Cloud Systems (SKKY) -108.6x). On next year's consensus earnings, UiPath (PATH) is cheapest (Materialise (MTLS) 43.1x, UiPath (PATH) 18.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

UiPath (PATH) grew revenue fastest over the trailing twelve months: Materialise (MTLS) +10.2%, UiPath (PATH) +15.0%, Skkynet Cloud Systems (SKKY) -7.4%.

Which company is more profitable?

UiPath (PATH) has the highest net margin (Materialise (MTLS) 4.8%, UiPath (PATH) 21.0%, Skkynet Cloud Systems (SKKY) -12.8%). On return on invested capital, Materialise (MTLS) leads (Materialise (MTLS) 3.5%, Skkynet Cloud Systems (SKKY) -30.7%).

Which stock has performed better?

Over the past year Materialise (MTLS) returned the most: Materialise (MTLS) +45.1%, UiPath (PATH) -19.1%, Skkynet Cloud Systems (SKKY) 0.0%. Over five years, Skkynet Cloud Systems (SKKY) compounded fastest (Materialise (MTLS) -19.3%/yr, UiPath (PATH) -22.8%/yr, Skkynet Cloud Systems (SKKY) 0.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Materialise (MTLS) has been the steadiest (Materialise (MTLS) 42.0%, UiPath (PATH) 64.4%, Skkynet Cloud Systems (SKKY) 179.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MTLS, PATH and SKKY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, UiPath (PATH) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.