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MTX

Minerals Technologies NYSE:MTX Stock Report

Last Price

US$64.26

Market Cap

US$2.1b

7D

-1.0%

1Y

-23.5%

Updated

21 May, 2022

Data

Company Financials +
MTX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
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

Price History & Performance

Summary of all time highs, changes and price drops for Minerals Technologies
Historical stock prices
Current Share PriceUS$64.26
52 Week HighUS$88.62
52 Week LowUS$60.31
Beta1.31
1 Month Change-1.47%
3 Month Change-8.09%
1 Year Change-23.52%
3 Year Change20.34%
5 Year Change-11.67%
Change since IPO656.00%

Recent News & Updates

May 18
Is It Too Late To Consider Buying Minerals Technologies Inc. (NYSE:MTX)?

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

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...

Apr 21
Are Investors Undervaluing Minerals Technologies Inc. (NYSE:MTX) By 33%?

Are Investors Undervaluing Minerals Technologies Inc. (NYSE:MTX) By 33%?

How far off is Minerals Technologies Inc. ( NYSE:MTX ) from its intrinsic value? Using the most recent financial data...

Shareholder Returns

MTXUS ChemicalsUS Market
7D-1.0%3.1%0.1%
1Y-23.5%-3.3%-12.7%

Return vs Industry: MTX underperformed the US Chemicals industry which returned -3.3% over the past year.

Return vs Market: MTX underperformed the US Market which returned -12.7% over the past year.

Price Volatility

Is MTX's price volatile compared to industry and market?
MTX volatility
MTX Average Weekly Movement5.1%
Chemicals Industry Average Movement7.1%
Market Average Movement8.0%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
19683,961Doug 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 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 CapUS$2.12b
Earnings (TTM)US$168.60m
Revenue (TTM)US$1.92b

12.6x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTX income statement (TTM)
RevenueUS$1.92b
Cost of RevenueUS$1.47b
Gross ProfitUS$456.40m
Other ExpensesUS$287.80m
EarningsUS$168.60m

Last Reported Earnings

Apr 03, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.11
Gross Margin23.71%
Net Profit Margin8.76%
Debt/Equity Ratio65.5%

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 DateJun 01 2022
Dividend Pay DateJun 16 2022
Days until Ex dividend11 days
Days until Dividend pay date26 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


41.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MTX ($64.26) is trading below our estimate of fair value ($110.31)

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 (12.6x) compared to the US Chemicals industry average (16.9x).

PE vs Market: MTX is good value based on its PE Ratio (12.6x) compared to the US market (15.5x).


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 (1.4x) compared to the US Chemicals industry average (2.3x).


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 (12.5% 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 (7.8% 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 31.5%.


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

TodayMay 21 2022Ex Dividend DateJun 01 2022Dividend Pay DateJun 16 202215 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

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 (4.09%).


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 ($USD7.09M) is above average for companies of similar size in the US market ($USD5.43M).

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 (7.9 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.


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$2.118b
  • Shares outstanding: 32.97m
  • 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 Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/04/03
Annual Earnings2021/12/31


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.