| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
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
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$70.66 |
| 52 Week High | US$88.62 |
| 52 Week Low | US$61.59 |
| Beta | 1.43 |
| 1 Month Change | -1.52% |
| 3 Month Change | -0.15% |
| 1 Year Change | 6.21% |
| 3 Year Change | 26.07% |
| 5 Year Change | -14.77% |
| Change since IPO | 731.29% |
Recent News & Updates
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Shareholder Returns
| MTX | US Chemicals | US Market | |
|---|---|---|---|
| 7D | -4.2% | -6.0% | -6.1% |
| 1Y | 6.2% | 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
| MTX volatility | |
|---|---|
| MTX Average Weekly Movement | 3.6% |
| Chemicals Industry Average Movement | 5.7% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 3,566 | Doug Dietrich | https://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
| MTX fundamental statistics | |
|---|---|
| Market Cap | US$2.35b |
| Earnings (TTM) | US$154.30m |
| Revenue (TTM) | US$1.81b |
15.2x
P/E Ratio1.3x
P/S RatioIs MTX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MTX income statement (TTM) | |
|---|---|
| Revenue | US$1.81b |
| Cost of Revenue | US$1.36b |
| Gross Profit | US$451.80m |
| Expenses | US$297.50m |
| Earnings | US$154.30m |
Last Reported Earnings
Oct 03, 2021
Next Earnings Date
Feb 03, 2022
| Earnings per share (EPS) | 4.63 |
| Gross Margin | 24.92% |
| Net Profit Margin | 8.51% |
| Debt/Equity Ratio | 67.4% |
How did MTX perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield4%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:23 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/10/03 |
| Annual Earnings | 2020/12/31 |
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.