I disagree.
If we're just gonna go with no. Then in real life, current time of 5th gen stealth planes, Shaping does 10-20dbsm reduction, while material does 15-25dbsm.
The degree of reduction in rcs, materials achieve is measured by a standard of perfectly reflecting surface/metal as a base, then effect of reduction by applying the material.
But There's no standard for shape, you can use an object shaped in a way to have as much rcs return as possible as base, and shaping then can achieve 40-50dbsm reduction or even more.
Plus you can just ignore every other requirement and create a shape purely for stealth.
But real life doesn't work that way, 5th gen stealth planes still need to fly, to house a pilot, systems etc.
But non stealth planes while not designed for stealth are also not designed to reflect as much radar waves back as possible.
The real life base to see the effect of Shaping are 4th gen planes.
Typical frontal median rcs of a clean old 4th gen plane like older mig29 is 3-5m2.
It does not use composite coating on its surface, its metal.
This is probably the best open/public rcs simulation for f35.
Introduction F-35 is the backbone of American stealth fighter fleet, it is intended to replace F-16, F-18C/D, Harrier and A-10. There are currently 3 versions of F-35 which are F-35A, F-35B and F-3…
basicsaboutaerodynamicsandavionics.wordpress.com
Even without the RAM on outer skin surface, and without leading edge and trailing edge treatment, the F-35 model is able to achieve the median RCS value of only 0.06 m2 in X-band.
The reduction from 3-5m2 from mig29 to 0.06m2 of f35 is of 17-19dbsm.
Based on shaping mainly..
Also that 15-25dbsm reduction by stealth materials is based on real life effect stealth materials have.
Like theoretically we can use a very thick layer of stealth jet level RAM and achieve 30-50 dbsm of reduction in rcs, but then the plane will be to heavy to fulfill its aerodynamic goals or even fly , plus plethora of all other problems that will emerge.
( x band frequency as typical).
As for long term, materials hold more potential for stealth than shaping.