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MTX

Minerals TechnologiesNYSE:MTX Stock Report

Last Price

US$70.66

Market Cap

US$2.4b

7D

-4.2%

1Y

6.2%

Updated

22 Jan, 2022

Data

Company Financials +
MTX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends0/6

MTX Stock Overview

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services.

Minerals Technologies Competitors

BASF

XTRA:BAS

€60.7b

Clariant

SWX:CLN

CHF6.5b

Imerys

ENXTPA:NK

€3.4b

Vesuvius

LSE:VSVS

UK£1.3b

Price History & Performance

Summary of all time highs, changes and price drops for Minerals Technologies
Historical stock prices
Current Share PriceUS$70.66
52 Week HighUS$88.62
52 Week LowUS$61.59
Beta1.43
1 Month Change-1.52%
3 Month Change-0.15%
1 Year Change6.21%
3 Year Change26.07%
5 Year Change-14.77%
Change since IPO731.29%

Recent News & Updates

Jan 21
Why Minerals Technologies Inc. (NYSE:MTX) Could Be Worth Watching

Why Minerals Technologies Inc. (NYSE:MTX) Could Be Worth Watching

Minerals Technologies Inc. ( NYSE:MTX ), is not the largest company out there, but it received a lot of attention from...

Dec 28
Is There An Opportunity With Minerals Technologies Inc.'s (NYSE:MTX) 41% Undervaluation?

Is There An Opportunity With Minerals Technologies Inc.'s (NYSE:MTX) 41% Undervaluation?

Today we will run through one way of estimating the intrinsic value of Minerals Technologies Inc. ( NYSE:MTX ) by...

Dec 12
Return Trends At Minerals Technologies (NYSE:MTX) Aren't Appealing

Return Trends At Minerals Technologies (NYSE:MTX) Aren't Appealing

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Shareholder Returns

MTXUS ChemicalsUS Market
7D-4.2%-6.0%-6.1%
1Y6.2%9.8%4.2%

Return vs Industry: MTX underperformed the US Chemicals industry which returned 9.8% over the past year.

Return vs Market: MTX exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is MTX's price volatile compared to industry and market?
MTX volatility
MTX Average Weekly Movement3.6%
Chemicals Industry Average Movement5.7%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: MTX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MTX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19683,566Doug Dietrichhttps://www.mineralstech.com

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company’s Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials.

Minerals Technologies Fundamentals Summary

How do Minerals Technologies's earnings and revenue compare to its market cap?
MTX fundamental statistics
Market CapUS$2.35b
Earnings (TTM)US$154.30m
Revenue (TTM)US$1.81b

15.2x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTX income statement (TTM)
RevenueUS$1.81b
Cost of RevenueUS$1.36b
Gross ProfitUS$451.80m
ExpensesUS$297.50m
EarningsUS$154.30m

Last Reported Earnings

Oct 03, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)4.63
Gross Margin24.92%
Net Profit Margin8.51%
Debt/Equity Ratio67.4%

How did MTX perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

4%

Payout Ratio

Valuation

Is Minerals Technologies undervalued compared to its fair value and its price relative to the market?

44.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MTX ($70.66) is trading below our estimate of fair value ($126.71)

Significantly Below Fair Value: MTX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MTX is good value based on its PE Ratio (15.2x) compared to the US Chemicals industry average (20.3x).

PE vs Market: MTX is good value based on its PE Ratio (15.2x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: MTX is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: MTX is good value based on its PB Ratio (1.6x) compared to the US Chemicals industry average (2.4x).


Future Growth

How is Minerals Technologies forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTX's forecast earnings growth (13.2% per year) is above the savings rate (2%).

Earnings vs Market: MTX's earnings (13.2% per year) are forecast to grow faster than the US market (12.9% per year).

High Growth Earnings: MTX's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTX's revenue (7.3% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: MTX's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTX's Return on Equity is forecast to be low in 3 years time (12%).


Past Performance

How has Minerals Technologies performed over the past 5 years?

-4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTX has high quality earnings.

Growing Profit Margin: MTX's current net profit margins (8.5%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: MTX's earnings have declined by 4.3% per year over the past 5 years.

Accelerating Growth: MTX's earnings growth over the past year (39.7%) exceeds its 5-year average (-4.3% per year).

Earnings vs Industry: MTX earnings growth over the past year (39.7%) exceeded the Chemicals industry 17.5%.


Return on Equity

High ROE: MTX's Return on Equity (10.2%) is considered low.


Financial Health

How is Minerals Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: MTX's short term assets ($1.0B) exceed its short term liabilities ($423.3M).

Long Term Liabilities: MTX's short term assets ($1.0B) do not cover its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: MTX's net debt to equity ratio (47.3%) is considered high.

Reducing Debt: MTX's debt to equity ratio has reduced from 108.3% to 67.4% over the past 5 years.

Debt Coverage: MTX's debt is well covered by operating cash flow (24.5%).

Interest Coverage: MTX's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Dividend

What is Minerals Technologies's current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MTX's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: MTX's dividend (0.28%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: MTX is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: MTX is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MTX is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Doug Dietrich (52 yo)

5.08yrs

Tenure

US$6,149,154

Compensation

Mr. Douglas T. Dietrich, also known as Doug, has been the Chairman of Minerals Technologies Inc. (MTI) since March 17, 2021. He has been the Chief Executive Officer at Minerals Technologies Inc. (MTI) sinc...


CEO Compensation Analysis

Compensation vs Market: Doug's total compensation ($USD6.15M) is above average for companies of similar size in the US market ($USD3.74M).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MTX's management team is seasoned and experienced (5.7 years average tenure).


Board Members

Experienced Board: MTX's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Minerals Technologies Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Minerals Technologies Inc.
  • Ticker: MTX
  • Exchange: NYSE
  • Founded: 1968
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: US$2.352b
  • Shares outstanding: 33.29m
  • Website: https://www.mineralstech.com

Number of Employees


Location

  • Minerals Technologies Inc.
  • 622 Third Avenue
  • 38th Floor
  • New York
  • New York
  • 10017-6707
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:23
End of Day Share Price2022/01/21 00:00
Earnings2021/10/03
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.