Core Molding Technologies
Market Cap
US$25.5m
Last Updated
2020/02/16 23:39 UTC
Data Sources
Company Financials
Executive Summary
Core Molding Technologies, Inc., together with its subsidiaries, manufactures sheet molding compound (SMC) and molder of thermoset and thermoplastic products.
Risk Analysis
Snowflake Analysis
Overvalued with worrying balance sheet.
Share Price & News
How has Core Molding Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.2%
CMT
1.6%
US Chemicals
1.5%
US Market
1 Year Return
-63.6%
CMT
-3.7%
US Chemicals
20.1%
US Market
Return vs Industry: CMT underperformed the US Chemicals industry which returned -3.7% over the past year.
Return vs Market: CMT underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| CMT | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | 1.6% | 1.5% |
| 30 Day | -8.5% | -1.2% | 1.4% |
| 90 Day | 7.8% | 0.2% | 8.7% |
| 1 Year | -63.6%-63.6% | 10.1%-3.7% | 22.7%20.1% |
| 3 Year | -80.9%-81.1% | 29.9%5.2% | 50.1%40.5% |
| 5 Year | -78.5%-78.7% | 38.3%8.3% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Core Molding Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Do Insiders Own Shares In Core Molding Technologies, Inc. (NYSEMKT:CMT)?3 months ago | Simply Wall St
Core Molding Technologies (NYSEMKT:CMT) Has Debt But No Earnings; Should You Worry?4 months ago | Simply Wall St
Could Core Molding Technologies, Inc.'s (NYSEMKT:CMT) Investor Composition Influence The Stock Price?Valuation
Is Core Molding Technologies undervalued compared to its fair value and its price relative to the market?
0.27x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CMT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CMT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CMT is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: CMT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CMT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CMT is good value based on its PB Ratio (0.3x) compared to the US Chemicals industry average (2.2x).
Next Steps
Future Growth
How is Core Molding Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.3%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Core Molding Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of CMT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Core Molding Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Core Molding Technologies performed over the past 5 years?
-53.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMT is currently unprofitable.
Growing Profit Margin: CMT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CMT is unprofitable, and losses have increased over the past 5 years at a rate of -53.5% per year.
Accelerating Growth: Unable to compare CMT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CMT is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-14.6%).
Return on Equity
High ROE: CMT has a negative Return on Equity (-15.24%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Core Molding Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: CMT's short term assets ($75.1M) do not cover its short term liabilities ($94.8M).
Long Term Liabilities: CMT's short term assets ($75.1M) exceed its long term liabilities ($10.4M).
Debt to Equity History and Analysis
Debt Level: CMT's debt to equity ratio (66.6%) is considered high.
Reducing Debt: CMT's debt to equity ratio has increased from 12.3% to 66.6% over the past 5 years.
Balance Sheet
Inventory Level: CMT has a high level of physical assets or inventory.
Debt Coverage by Assets: CMT's debt is covered by short term assets (assets are 1.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CMT has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: CMT has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Core Molding Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CMT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CMT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CMT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CMT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CMT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CMT'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?
1.4yrs
Average management tenure
CEO
David Duvall (50yo)
1.3yrs
Tenure
US$1,303,650
Compensation
David L. Duvall has been President, Chief Executive Officer & Director at Core Molding Technologies since October 22, 2018. Mr. Duvall served most recently as the President, Equipment & Tools Division, of ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD1.30M) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$1.30m | 2.02% $513.8k | |
| Executive VP | 6.3yrs | US$771.27k | 1.34% $340.7k | |
| Executive Vice President of Operations | 1.4yrs | no data | 0.47% $119.8k | |
| Executive Vice President of Human Resources | 1.1yrs | no data | 0.35% $89.5k |
1.4yrs
Average Tenure
52yo
Average Age
Experienced Management: CMT's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$1.30m | 2.02% $513.8k | |
| Independent Chairman of the Board | 8.3yrs | US$167.24k | 1.74% $443.4k | |
| Independent Director | 23.2yrs | US$131.50k | 0.36% $91.3k | |
| Independent Vice Chairman | 1.2yrs | US$131.50k | 0.76% $193.6k | |
| Independent Director | 21.8yrs | US$135.51k | 0.35% $88.1k | |
| Independent Director | 7.1yrs | US$126.50k | 0.60% $152.8k | |
| Independent Director | 4.5yrs | US$120.50k | 0.37% $94.5k |
7.1yrs
Average Tenure
67yo
Average Age
Experienced Board: CMT's board of directors are considered experienced (7.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CMT 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
Core Molding Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Core Molding Technologies, Inc.
- Ticker: CMT
- Exchange: AMEX
- Founded: 1996
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$25.487m
- Shares outstanding: 8.27m
- Website: https://www.coremt.com
Number of Employees
Location
- Core Molding Technologies, Inc.
- 800 Manor Park Drive
- Columbus
- Ohio
- 43228
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CMT | AMEX (NYSE MKT LLC) | Yes | Common Shares | US | USD | Sep 1988 |
| XQN | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 1988 |
Biography
Core Molding Technologies, Inc., together with its subsidiaries, manufactures sheet molding compound (SMC) and molder of thermoset and thermoplastic products. It specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics, bulk molding compounds, and direct long-fiber thermoplastics; and spray-up, hand lay-up, resin transfer molding, structural foam and structural Web injection molding, reaction injection molding, and utilizing dicyclopentadiene technology. The company serves various markets, including medium and heavy-duty trucks, automobiles, marine, construction, and other commercial markets. It sells its products in the United States, Mexico, and Canada. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 23:39 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.