Minerals Technologies (NYSE:MTX) - Share price, News & Analysis

MTX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	4/6
Financial Health	3/6
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.

Rewards

Trading at 41.5% below our estimate of its fair value

Earnings are forecast to grow 10.69% per year

Earnings grew by 48.3% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Minerals Technologies Competitors

BASF

XTRA:BAS

€45.9b

Clariant

SWX:CLN

CHF5.9b

Imerys

ENXTPA:NK

€2.9b

Vesuvius

LSE:VSVS

UK£976.9m

Price History & Performance

Summary of all time highs, changes and price drops for Minerals Technologies
Historical stock prices
Current Share Price	US$64.67
52 Week High	US$88.62
52 Week Low	US$60.31
Beta	1.31
1 Month Change	2.70%
3 Month Change	-4.78%
1 Year Change	-23.68%
3 Year Change	20.95%
5 Year Change	-10.12%
Change since IPO	660.82%

Recent News & Updates

May 18

Is It Too Late To Consider Buying Minerals Technologies Inc. (NYSE:MTX)?

Minerals Technologies Inc. ( NYSE:MTX ), might not be a large cap stock, but it saw a decent share price growth in the...

May 04

Here's Why We Think Minerals Technologies (NYSE:MTX) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

	MTX	US Chemicals	US Market
7D	-1.1%	1.8%	1.0%
1Y	-23.7%	-3.1%	-15.1%

Return vs Industry: MTX underperformed the US Chemicals industry which returned -3.4% over the past year.

Return vs Market: MTX underperformed the US Market which returned -13.2% over the past year.

Price Volatility

Is MTX's price volatile compared to industry and market?
MTX volatility
MTX Average Weekly Movement	4.8%
Chemicals Industry Average Movement	7.1%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: MTX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MTX's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	3,961	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 operates through three segments: Performance Materials, Specialty Minerals and Refractories. The Performance Materials segment supplies bentonite and bentonite-related products, as well as leonardite.

Minerals Technologies Fundamentals Summary

How do Minerals Technologies's earnings and revenue compare to its market cap?
MTX fundamental statistics
Market Cap	US$2.13b
Earnings (TTM)	US$168.60m
Revenue (TTM)	US$1.92b

12.6x

P/E Ratio

1.1x

P/S Ratio

Is MTX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTX income statement (TTM)
Revenue	US$1.92b
Cost of Revenue	US$1.47b
Gross Profit	US$456.40m
Other Expenses	US$287.80m
Earnings	US$168.60m

Last Reported Earnings

Apr 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	5.11
Gross Margin	23.71%
Net Profit Margin	8.76%
Debt/Equity Ratio	65.5%

How did MTX perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

4%

Payout Ratio

Does MTX pay a reliable dividends?

See MTX dividend history and benchmarks

When do you need to buy MTX by to receive an upcoming dividend?
Minerals Technologies dividend dates
Ex Dividend Date	Jun 01 2022
Dividend Pay Date	Jun 16 2022
Days until Ex dividend	5 days
Days until Dividend pay date	20 days

Does MTX pay a reliable dividends?

See MTX dividend history and benchmarks

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

41.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MTX ($64.67) is trading below our estimate of fair value ($110.6)

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 Price-To-Earnings Ratio (12.6x) compared to the US Chemicals industry average (16.8x).

PE vs Market: MTX is good value based on its Price-To-Earnings Ratio (12.6x) compared to the US market (14.9x).

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 Price-To-Book Ratio (1.4x) compared to the US Chemicals industry average (2.2x).

Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

10.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTX's forecast earnings growth (10.7% per year) is above the savings rate (1.9%).

Earnings vs Market: MTX's earnings (10.7% per year) are forecast to grow slower than the US market (12.1% per year).

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

Revenue vs Market: MTX's revenue (4% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: MTX's revenue (4% 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 (11.6%).

Past Performance

How has Minerals Technologies performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-5.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MTX has high quality earnings.

Growing Profit Margin: MTX's current net profit margins (8.8%) are higher than last year (7%).

Past Earnings Growth Analysis

Earnings Trend: MTX's earnings have declined by 5.2% per year over the past 5 years.

Accelerating Growth: MTX's earnings growth over the past year (48.3%) exceeds its 5-year average (-5.2% per year).

Earnings vs Industry: MTX earnings growth over the past year (48.3%) exceeded the Chemicals industry 30.2%.

Return on Equity

High ROE: MTX's Return on Equity (10.8%) is considered low.

Financial Health

How is Minerals Technologies's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: MTX's short term assets ($1.1B) exceed its short term liabilities ($455.1M).

Long Term Liabilities: MTX's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).

Debt to Equity History and Analysis

Debt Level: MTX's net debt to equity ratio (47.2%) is considered high.

Reducing Debt: MTX's debt to equity ratio has reduced from 98.1% to 65.5% over the past 5 years.

Debt Coverage: MTX's debt is not well covered by operating cash flow (17.3%).

Interest Coverage: MTX's interest payments on its debt are well covered by EBIT (6.7x coverage).

Balance Sheet

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.31%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: MTX's dividend (0.31%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: MTX's dividend (0.31%) is low compared to the top 25% of dividend payers in the US market (4.06%).

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.

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

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

Discover strong dividend paying companies

Management

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

6.0yrs

Average management tenure

CEO

Doug Dietrich (52 yo)

5.42yrs

Tenure

US$7,085,896

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 ($USD7.09M) is above average for companies of similar size in the US market ($USD5.44M).

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 (6 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: MTX insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2022/05/25 00:00
End of Day Share Price	2022/05/25 00:00
Earnings	2022/04/03
Annual Earnings	2021/12/31