NYSE:MTX

Stock Analysis Report

Minerals Technologies

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Minerals Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.8%

MTX

-0.8%

US Chemicals

-0.6%

US Market


1 Year Return

-22.7%

MTX

-14.3%

US Chemicals

0.7%

US Market

MTX underperformed the Chemicals industry which returned -14.3% over the past year.

MTX underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

MTXIndustryMarket
7 Day-3.8%-0.8%-0.6%
30 Day10.0%5.9%2.9%
90 Day-0.6%0.2%1.3%
1 Year-22.4%-22.7%-0.9%-14.3%2.9%0.7%
3 Year-20.8%-21.5%43.4%17.1%44.6%35.2%
5 Year-14.7%-16.1%37.6%7.2%61.9%44.2%

Price Volatility Vs. Market

How volatile is Minerals Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

2 weeks ago | Simply Wall St

The CEO & Director of Minerals Technologies Inc. (NYSE:MTX), Douglas Dietrich, Just Bought 2% More Shares

Valuation

Is Minerals Technologies undervalued based on future cash flows and its price relative to the stock market?

12.44x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Minerals Technologies's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Minerals Technologies's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Minerals Technologies is good value based on earnings compared to the US Chemicals industry average.

Minerals Technologies is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Minerals Technologies is poor value based on expected growth next year.


Price Based on Value of Assets

Minerals Technologies is good value based on assets compared to the US Chemicals industry average.


Next Steps

Future Growth

How is Minerals Technologies expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Minerals Technologies's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).

Minerals Technologies's earnings are expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).

Minerals Technologies's revenue growth is positive but not above the United States of America market average.

Minerals Technologies's earnings growth is positive but not above the United States of America market average.

Minerals Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Minerals Technologies is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Minerals Technologies performed over the past 5 years?

16.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Minerals Technologies's year on year earnings growth rate has been positive over the past 5 years.

Minerals Technologies's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Minerals Technologies's 1-year earnings growth is negative, it can't be compared to the US Chemicals industry average.


Return on Equity

Minerals Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Minerals Technologies used its assets less efficiently than the US Chemicals industry average last year based on Return on Assets.


Return on Capital Employed

Minerals Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Minerals Technologies's financial position?


Financial Position Analysis

Minerals Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Minerals Technologies's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Minerals Technologies's level of debt (69.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (170.3% vs 69.4% today).

Debt is well covered by operating cash flow (22.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

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

0.37%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Minerals Technologies's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Minerals Technologies's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Minerals Technologies is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Minerals Technologies is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Minerals Technologies's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Minerals Technologies's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Minerals Technologies's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Doug Dietrich (50yo)

2.8yrs

Tenure

US$4,775,406

Compensation

Mr. Douglas T. Dietrich, also known as Doug, has been the Chief Executive Officer at Minerals Technologies Inc. (MTI) since December 13, 2016 and served as its Interim Co-Chief Executive Officer at Mineral ...


CEO Compensation Analysis

Doug's remuneration is about average for companies of similar size in United States of America.

Doug's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

3.1yrs

Average Tenure

58yo

Average Age

The tenure for the Minerals Technologies management team is about average.


Board Age and Tenure

3.9yrs

Average Tenure

57.5yo

Average Age

The tenure for the Minerals Technologies board of directors is about average.


Insider Trading

More shares have been bought than sold by Minerals Technologies individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$71,98403 Sep 19
Douglas Dietrich
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares1,500
Max PriceUS$47.99
BuyUS$23,66314 Mar 19
Alison Deans
EntityIndividual
Role
Member of the Board of Directors
Director
Shares400
Max PriceUS$59.16
BuyUS$11,72814 Mar 19
Robert Clark
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$58.64

Ownership Breakdown


Management Team

  • Michael Cipolla (61yo)

    VP, Corporate Controller & Chief Accounting Officer

    • Tenure: 21.7yrs
  • Jon Hastings (56yo)

    Group President of Performance Materials

    • Tenure: 1.3yrs
    • Compensation: US$1.92m
  • Doug Dietrich (50yo)

    CEO & Director

    • Tenure: 2.8yrs
    • Compensation: US$4.78m
  • Tom Meek (62yo)

    Senior VP of HR

    • Tenure: 10yrs
    • Compensation: US$2.30m
  • D. Monagle (56yo)

    Group President of Specialty Minerals & Refractories

    • Tenure: 2.5yrs
    • Compensation: US$2.54m
  • Doug Mayger (61yo)

    Senior VP & Director of MTI Supply Chain

    • Tenure: 3.8yrs
    • Compensation: US$1.69m
  • Matt Garth (45yo)

    Senior VP of Finance & Treasury and CFO

    • Tenure: 2.7yrs
    • Compensation: US$1.62m
  • Cindi Buckwalter

    Vice President of Investor Relations & Corporate Communications

    • Tenure: 0yrs
  • Andy Jones (60yo)

    VP & MD of Energy Services

    • Tenure: 3.9yrs
  • Tom Stam

    Vice President and Managing Director of Construction Technologies Business Segment

    • Tenure: 3.1yrs

Board Members

  • Don Winter (70yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$192.50k
  • Duane Dunham (77yo)

    Chairman

    • Tenure: 3yrs
    • Compensation: US$305.46k
  • Jack Carmola (63yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$199.18k
  • Marc Robinson (58yo)

    Director

    • Tenure: 7.7yrs
    • Compensation: US$202.06k
  • Alison Deans (57yo)

    Director

    • Tenure: 0.5yrs
  • Carolyn Pittman (55yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$190.44k
  • Doug Dietrich (50yo)

    CEO & Director

    • Tenure: 2.8yrs
    • Compensation: US$4.78m
  • Joe Breunig (57yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$188.52k
  • Frank Feder (68yo)

    Director

    • Tenure: 1.9yrs
    • Compensation: US$190.33k
  • Robert Clark (55yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$198.15k

Company Information

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


Key Information

  • Name: Minerals Technologies Inc.
  • Ticker: MTX
  • Exchange: NYSE
  • Founded: 1968
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$1.867b
  • Shares outstanding: 35.06m
  • Website: https://www.mineralstech.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTXNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1992
MNKDB (Deutsche Boerse AG)YesCommon StockDEEUROct 1992

Biography

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The company’s Specialty M ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 23:37
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.