MINERALS TECHNOLOGIES INC (MTX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MTX - US6031581068 - Common Stock
59.24 USD
+0.03 (+0.05%)
59.24 USD
0 (0%)
Taking everything into account, MTX scores 4 out of 10 in our fundamental rating. MTX was compared to 81 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.
In the past 5 years MTX has always been profitable.
Each year in the past 5 years MTX had a positive operating cash flow.
1.2 Ratios
MTX's Return On Assets of -0.05% is in line compared to the rest of the industry. MTX outperforms 53.09% of its industry peers.
MTX's Return On Equity of -0.10% is in line compared to the rest of the industry. MTX outperforms 53.09% of its industry peers.
MTX's Return On Invested Capital of 2.10% is on the low side compared to the rest of the industry. MTX is outperformed by 69.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MTX is in line with the industry average of 6.07%.
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
MTX's Profit Margin has been stable in the last couple of years.
The Operating Margin of MTX (3.85%) is worse than 62.96% of its industry peers.
MTX's Operating Margin has been stable in the last couple of years.
MTX has a Gross Margin (25.41%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of MTX has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTX is destroying value.
Compared to 1 year ago, MTX has less shares outstanding
MTX has less shares outstanding than it did 5 years ago.
MTX has a better debt/assets ratio than last year.
2.2 Solvency
MTX has an Altman-Z score of 2.49. This is not the best score and indicates that MTX is in the grey zone with still only limited risk for bankruptcy at the moment.
MTX has a Altman-Z score of 2.49. This is in the better half of the industry: MTX outperforms 79.01% 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.
Looking at the Debt to FCF ratio, with a value of 10.08, MTX is in the better half of the industry, outperforming 64.20% of the companies in the same industry.
A Debt/Equity ratio of 0.58 indicates that MTX is somewhat dependend on debt financing.
MTX's Debt to Equity ratio of 0.58 is fine compared to the rest of the industry. MTX outperforms 64.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 10.08 | ||
| Altman-Z | 2.49 |
ROIC/WACC0.25
WACC8.38%
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.
A Quick Ratio of 1.37 indicates that MTX should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.37, MTX perfoms like the industry average, outperforming 51.85% of the companies in the same industry.
| 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%.
The Earnings Per Share has been growing slightly by 7.77% on average over the past years.
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.
Based on estimates for the next years, MTX will show a small growth in Revenue. The Revenue will grow by 1.61% on average per year.
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 10.32 indicates a reasonable valuation of MTX.
Compared to the rest of the industry, the Price/Earnings ratio of MTX indicates a rather cheap valuation: MTX is cheaper than 81.48% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MTX to the average of the S&P500 Index (26.15), we can say MTX is valued rather cheaply.
MTX is valuated reasonably with a Price/Forward Earnings ratio of 9.46.
Based on the Price/Forward Earnings ratio, MTX is valued cheaper than 81.48% of the companies in the same industry.
MTX is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.32 | ||
| Fwd PE | 9.46 |
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.
67.90% of the companies in the same industry are more expensive than MTX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.16 | ||
| EV/EBITDA | 14.45 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.33
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 4.16.
Compared to an average S&P500 Dividend Yield of 2.41, MTX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
On average, the dividend of MTX grows each year by 15.37%, which is quite nice.
MTX has paid a dividend for at least 10 years, which is a reliable track record.
MTX has not decreased their dividend for at least 10 years, which is a reliable track record.
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%
59.24
+0.03 (+0.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners102.09%
Inst Owner Change0.07%
Ins Owners1.16%
Ins Owner Change0.04%
Market Cap1.86B
Revenue(TTM)2.07B
Net Income(TTM)-1.60M
Analysts80
Price Target85.68 (44.63%)
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)-8.33%
EPS NQ rev (3m)-9.2%
EPS NY rev (1m)-0.42%
EPS NY rev (3m)0.24%
Revenue NQ rev (1m)-0.67%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.32 | ||
| Fwd PE | 9.46 | ||
| P/S | 0.9 | ||
| P/FCF | 19.16 | ||
| P/OCF | 9.3 | ||
| P/B | 1.11 | ||
| P/tB | 3.4 | ||
| EV/EBITDA | 14.45 |
EPS(TTM)5.74
EY9.69%
EPS(NY)6.27
Fwd EY10.58%
FCF(TTM)3.09
FCFY5.22%
OCF(TTM)6.37
OCFY10.75%
SpS66
BVpS53.38
TBVpS17.45
PEG (NY)N/A
PEG (5Y)1.33
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 | 2.49 |
F-Score3
WACC8.38%
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.