MINERALS TECHNOLOGIES INC (MTX) Stock Fundamental Analysis
USA - NYSE:MTX - US6031581068 - Common Stock
58.79 USD
+1.91 (+3.36%)
58.79 USD
0 (0%)
MTX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 82 industry peers in the Chemicals industry. Both the profitability and the financial health of MTX get a neutral evaluation. Nothing too spectacular is happening here. MTX has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MTX had positive earnings in the past year.
MTX had a positive operating cash flow in the past year.
MTX had positive earnings in each of the past 5 years.
In the past 5 years MTX always reported a positive cash flow from operatings.
1.2 Ratios
MTX has a Return On Assets (-0.05%) which is comparable to the rest of the industry.
MTX has a Return On Equity of -0.10%. This is comparable to the rest of the industry: MTX outperforms 51.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.10%, MTX is doing worse than 67.07% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MTX is in line with the industry average of 6.13%.
The 3 year average ROIC (6.89%) for MTX is well above the current ROIC(2.10%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.05% | ||
| ROE | -0.1% | ||
| ROIC | 2.1% |
ROA(3y)3.68%
ROA(5y)3.88%
ROE(3y)7.46%
ROE(5y)8.15%
ROIC(3y)6.89%
ROIC(5y)6.42%
1.3 Margins
In the last couple of years the Profit Margin of MTX has remained more or less at the same level.
MTX has a worse Operating Margin (3.85%) than 64.63% of its industry peers.
In the last couple of years the Operating Margin of MTX has remained more or less at the same level.
MTX has a Gross Margin (25.41%) which is in line with its industry peers.
MTX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.85% | ||
| PM (TTM) | N/A | ||
| GM | 25.41% |
OM growth 3Y1.32%
OM growth 5Y0.73%
PM growth 3Y-3.75%
PM growth 5Y1.26%
GM growth 3Y2.47%
GM growth 5Y1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTX is destroying value.
Compared to 1 year ago, MTX has less shares outstanding
The number of shares outstanding for MTX has been reduced compared to 5 years ago.
The debt/assets ratio for MTX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.47 indicates that MTX is not a great score, but indicates only limited risk for bankruptcy at the moment.
MTX has a better Altman-Z score (2.47) than 78.05% of its industry peers.
MTX has a debt to FCF ratio of 10.08. This is a negative value and a sign of low solvency as MTX would need 10.08 years to pay back of all of its debts.
MTX has a Debt to FCF ratio of 10.08. This is in the better half of the industry: MTX outperforms 64.63% of its industry peers.
MTX has a Debt/Equity ratio of 0.58. This is a neutral value indicating MTX is somewhat dependend on debt financing.
The Debt to Equity ratio of MTX (0.58) is better than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 10.08 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.25
WACC8.35%
2.3 Liquidity
A Current Ratio of 1.98 indicates that MTX should not have too much problems paying its short term obligations.
The Current ratio of MTX (1.98) is comparable to the rest of the industry.
MTX has a Quick Ratio of 1.37. This is a normal value and indicates that MTX is financially healthy and should not expect problems in meeting its short term obligations.
MTX has a Quick ratio (1.37) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
MTX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.20%.
MTX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.77% yearly.
MTX shows a decrease in Revenue. In the last year, the revenue decreased by -2.53%.
Measured over the past years, MTX shows a small growth in Revenue. The Revenue has been growing by 3.42% on average per year.
EPS 1Y (TTM)-3.2%
EPS 3Y7.07%
EPS 5Y7.77%
EPS Q2Q%2.65%
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y4.47%
Revenue growth 5Y3.42%
Sales Q2Q%1.47%
3.2 Future
MTX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.57% yearly.
The Revenue is expected to grow by 1.61% on average over the next years.
EPS Next Y-9.29%
EPS Next 2Y0.93%
EPS Next 3Y6.57%
EPS Next 5YN/A
Revenue Next Year-2.47%
Revenue Next 2Y0.6%
Revenue Next 3Y1.61%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.24 indicates a reasonable valuation of MTX.
MTX's Price/Earnings ratio is rather cheap when compared to the industry. MTX is cheaper than 80.49% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. MTX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.38 indicates a reasonable valuation of MTX.
80.49% of the companies in the same industry are more expensive than MTX, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MTX to the average of the S&P500 Index (34.46), we can say MTX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.38 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MTX is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, MTX is valued a bit cheaper than 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.02 | ||
| EV/EBITDA | 14.02 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.32
EPS Next 2Y0.93%
EPS Next 3Y6.57%
5. Dividend
5.1 Amount
MTX has a yearly dividend return of 0.84%, which is pretty low.
MTX's Dividend Yield is slightly below the industry average, which is at 4.00.
With a Dividend Yield of 0.84, MTX pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
The dividend of MTX is nicely growing with an annual growth rate of 15.37%!
MTX has been paying a dividend for at least 10 years, so it has a reliable track record.
MTX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)15.37%
Div Incr Years2
Div Non Decr Years31
5.3 Sustainability
MTX has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of MTX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-868.75%
EPS Next 2Y0.93%
EPS Next 3Y6.57%
58.79
+1.91 (+3.36%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners102.09%
Inst Owner Change-0.03%
Ins Owners1.16%
Ins Owner Change0.07%
Market Cap1.84B
Revenue(TTM)2.07B
Net Income(TTM)-1.60M
Analysts80
Price Target85.68 (45.74%)
Short Float %1.74%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
Yearly Dividend0.41
Dividend Growth(5Y)15.37%
DP-868.75%
Div Incr Years2
Div Non Decr Years31
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.11%
Min EPS beat(2)5.11%
Max EPS beat(2)9.1%
EPS beat(4)3
Avg EPS beat(4)4.08%
Min EPS beat(4)-4.75%
Max EPS beat(4)9.1%
EPS beat(8)6
Avg EPS beat(8)4.3%
EPS beat(12)9
Avg EPS beat(12)1.1%
EPS beat(16)12
Avg EPS beat(16)1.3%
Revenue beat(2)0
Avg Revenue beat(2)-0.67%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)-0.31%
Revenue beat(4)0
Avg Revenue beat(4)-1.11%
Min Revenue beat(4)-1.92%
Max Revenue beat(4)-0.31%
Revenue beat(8)1
Avg Revenue beat(8)-1.46%
Revenue beat(12)2
Avg Revenue beat(12)-1.45%
Revenue beat(16)5
Avg Revenue beat(16)-1.05%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-9.2%
EPS NQ rev (3m)-9.2%
EPS NY rev (1m)-0.96%
EPS NY rev (3m)-1.43%
Revenue NQ rev (1m)-1.13%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.38 | ||
| P/S | 0.89 | ||
| P/FCF | 19.02 | ||
| P/OCF | 9.23 | ||
| P/B | 1.1 | ||
| P/tB | 3.37 | ||
| EV/EBITDA | 14.02 |
EPS(TTM)5.74
EY9.76%
EPS(NY)6.27
Fwd EY10.66%
FCF(TTM)3.09
FCFY5.26%
OCF(TTM)6.37
OCFY10.83%
SpS66
BVpS53.38
TBVpS17.45
PEG (NY)N/A
PEG (5Y)1.32
Graham Number83.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.05% | ||
| ROE | -0.1% | ||
| ROCE | 2.78% | ||
| ROIC | 2.1% | ||
| ROICexc | 2.37% | ||
| ROICexgc | 4.24% | ||
| OM | 3.85% | ||
| PM (TTM) | N/A | ||
| GM | 25.41% | ||
| FCFM | 4.68% |
ROA(3y)3.68%
ROA(5y)3.88%
ROE(3y)7.46%
ROE(5y)8.15%
ROIC(3y)6.89%
ROIC(5y)6.42%
ROICexc(3y)7.67%
ROICexc(5y)7.18%
ROICexgc(3y)13.35%
ROICexgc(5y)12.39%
ROCE(3y)9.31%
ROCE(5y)8.65%
ROICexgc growth 3Y6.72%
ROICexgc growth 5Y4.56%
ROICexc growth 3Y6.7%
ROICexc growth 5Y3.44%
OM growth 3Y1.32%
OM growth 5Y0.73%
PM growth 3Y-3.75%
PM growth 5Y1.26%
GM growth 3Y2.47%
GM growth 5Y1%
F-Score3
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 10.08 | ||
| Debt/EBITDA | 5.65 | ||
| Cap/Depr | 111.5% | ||
| Cap/Sales | 4.96% | ||
| Interest Coverage | 1.37 | ||
| Cash Conversion | 116.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.47 |
F-Score3
WACC8.35%
ROIC/WACC0.25
Cap/Depr(3y)93.37%
Cap/Depr(5y)131.49%
Cap/Sales(3y)4.14%
Cap/Sales(5y)6.45%
Profit Quality(3y)91.22%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.2%
EPS 3Y7.07%
EPS 5Y7.77%
EPS Q2Q%2.65%
EPS Next Y-9.29%
EPS Next 2Y0.93%
EPS Next 3Y6.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y4.47%
Revenue growth 5Y3.42%
Sales Q2Q%1.47%
Revenue Next Year-2.47%
Revenue Next 2Y0.6%
Revenue Next 3Y1.61%
Revenue Next 5YN/A
EBIT growth 1Y-71.55%
EBIT growth 3Y5.84%
EBIT growth 5Y4.17%
EBIT Next Year19.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y12.14%
FCF growth 3YN/A
FCF growth 5Y-3.25%
OCF growth 1Y10.75%
OCF growth 3Y0.57%
OCF growth 5Y-0.16%
MINERALS TECHNOLOGIES INC / MTX FAQ
Can you provide the ChartMill fundamental rating for MINERALS TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 4 / 10 to MTX.
What is the valuation status for MTX stock?
ChartMill assigns a valuation rating of 6 / 10 to MINERALS TECHNOLOGIES INC (MTX). This can be considered as Fairly Valued.
How profitable is MINERALS TECHNOLOGIES INC (MTX) stock?
MINERALS TECHNOLOGIES INC (MTX) has a profitability rating of 4 / 10.
What is the financial health of MINERALS TECHNOLOGIES INC (MTX) stock?
The financial health rating of MINERALS TECHNOLOGIES INC (MTX) is 5 / 10.
What is the earnings growth outlook for MINERALS TECHNOLOGIES INC?
The Earnings per Share (EPS) of MINERALS TECHNOLOGIES INC (MTX) is expected to decline by -9.29% in the next year.