M-TRON INDUSTRIES INC (MPTI) Stock Fundamental Analysis
NYSEARCA:MPTI - NYSE Arca - US55380K1097 - Common Stock - Currency: USD
MPTI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 125 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making MPTI a very profitable company, without any liquidiy or solvency issues. MPTI is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make MPTI a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
MPTI had positive earnings in the past year.
In the past year MPTI had a positive cash flow from operations.
MPTI had positive earnings in each of the past 5 years.
MPTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MPTI has a Return On Assets of 20.93%. This is amongst the best in the industry. MPTI outperforms 96.00% of its industry peers.
The Return On Equity of MPTI (24.42%) is better than 91.20% of its industry peers.
The Return On Invested Capital of MPTI (23.50%) is better than 96.80% of its industry peers.
MPTI had an Average Return On Invested Capital over the past 3 years of 18.77%. This is significantly above the industry average of 9.30%.
The last Return On Invested Capital (23.50%) for MPTI is above the 3 year average (18.77%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.93% | ||
| ROE | 24.42% | ||
| ROIC | 23.5% |
ROA(3y)14.87%
ROA(5y)13.08%
ROE(3y)18.16%
ROE(5y)15.86%
ROIC(3y)18.77%
ROIC(5y)16.38%
1.3 Margins
Looking at the Profit Margin, with a value of 15.58%, MPTI belongs to the top of the industry, outperforming 92.80% of the companies in the same industry.
MPTI's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 19.05%, MPTI belongs to the best of the industry, outperforming 96.00% of the companies in the same industry.
MPTI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 46.19%, MPTI is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Gross Margin of MPTI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.05% | ||
| PM (TTM) | 15.58% | ||
| GM | 46.19% |
OM growth 3Y34.26%
OM growth 5YN/A
PM growth 3Y38.01%
PM growth 5YN/A
GM growth 3Y9.72%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MPTI is creating value.
MPTI has more shares outstanding than it did 1 year ago.
There is no outstanding debt for MPTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 23.06 indicates that MPTI is not in any danger for bankruptcy at the moment.
MPTI has a Altman-Z score of 23.06. This is amongst the best in the industry. MPTI outperforms 97.60% of its industry peers.
There is no outstanding debt for MPTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 23.06 |
ROIC/WACC2.62
WACC8.97%
2.3 Liquidity
MPTI has a Current Ratio of 5.70. This indicates that MPTI is financially healthy and has no problem in meeting its short term obligations.
MPTI has a Current ratio of 5.70. This is amongst the best in the industry. MPTI outperforms 86.40% of its industry peers.
A Quick Ratio of 3.88 indicates that MPTI has no problem at all paying its short term obligations.
MPTI has a better Quick ratio (3.88) than 82.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.7 | ||
| Quick Ratio | 3.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 112.60% over the past year.
Measured over the past years, MPTI shows a very strong growth in Earnings Per Share. The EPS has been growing by 65.87% on average per year.
The Revenue has grown by 19.05% in the past year. This is quite good.
The Revenue has been growing by 22.45% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)112.6%
EPS 3Y65.87%
EPS 5YN/A
EPS Q2Q%2333.33%
Revenue 1Y (TTM)19.05%
Revenue growth 3Y22.45%
Revenue growth 5YN/A
Sales Q2Q%18.86%
3.2 Future
MPTI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.76% yearly.
The Revenue is expected to grow by 8.50% on average over the next years. This is quite good.
EPS Next Y2.76%
EPS Next 2Y3.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.37%
Revenue Next 2Y8.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MPTI is valuated rather expensively with a Price/Earnings ratio of 21.64.
Based on the Price/Earnings ratio, MPTI is valued a bit cheaper than 67.20% of the companies in the same industry.
MPTI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.18.
MPTI is valuated rather expensively with a Price/Forward Earnings ratio of 21.06.
63.20% of the companies in the same industry are more expensive than MPTI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.81, MPTI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 21.06 |
4.2 Price Multiples
63.20% of the companies in the same industry are more expensive than MPTI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MPTI is valued a bit cheaper than 65.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.35 | ||
| EV/EBITDA | 15.32 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MPTI does not grow enough to justify the current Price/Earnings ratio.
MPTI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)7.85
PEG (5Y)N/A
EPS Next 2Y3.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MPTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
58.44
+1.13 (+1.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners34.94%
Inst Owner ChangeN/A
Ins Owners9.77%
Ins Owner Change-15.72%
Market Cap170.64M
AnalystsN/A
Price Target71.4 (22.18%)
Short Float %1.38%
Short Ratio0.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)22.55%
Min EPS beat(2)-1.96%
Max EPS beat(2)47.06%
EPS beat(4)3
Avg EPS beat(4)18.67%
Min EPS beat(4)-1.96%
Max EPS beat(4)47.06%
EPS beat(8)6
Avg EPS beat(8)19.06%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.75%
Min Revenue beat(2)-2.68%
Max Revenue beat(2)6.19%
Revenue beat(4)2
Avg Revenue beat(4)1.64%
Min Revenue beat(4)-2.68%
Max Revenue beat(4)6.19%
Revenue beat(8)5
Avg Revenue beat(8)1.68%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)11.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.79%
EPS NY rev (1m)0%
EPS NY rev (3m)13.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 21.06 | ||
| P/S | 3.48 | ||
| P/FCF | 30.35 | ||
| P/OCF | 22.69 | ||
| P/B | 5.46 | ||
| P/tB | 5.46 | ||
| EV/EBITDA | 15.32 |
EPS(TTM)2.7
EY4.62%
EPS(NY)2.77
Fwd EY4.75%
FCF(TTM)1.93
FCFY3.3%
OCF(TTM)2.58
OCFY4.41%
SpS16.78
BVpS10.71
TBVpS10.7
PEG (NY)7.85
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.93% | ||
| ROE | 24.42% | ||
| ROCE | 29.86% | ||
| ROIC | 23.5% | ||
| ROICexc | 39.45% | ||
| ROICexgc | 39.53% | ||
| OM | 19.05% | ||
| PM (TTM) | 15.58% | ||
| GM | 46.19% | ||
| FCFM | 11.47% |
ROA(3y)14.87%
ROA(5y)13.08%
ROE(3y)18.16%
ROE(5y)15.86%
ROIC(3y)18.77%
ROIC(5y)16.38%
ROICexc(3y)25.86%
ROICexc(5y)21.61%
ROICexgc(3y)25.95%
ROICexgc(5y)21.75%
ROCE(3y)23.85%
ROCE(5y)20.81%
ROICexcg growth 3Y50.31%
ROICexcg growth 5YN/A
ROICexc growth 3Y50.73%
ROICexc growth 5YN/A
OM growth 3Y34.26%
OM growth 5YN/A
PM growth 3Y38.01%
PM growth 5YN/A
GM growth 3Y9.72%
GM growth 5YN/A
F-Score6
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 195.07% | ||
| Cap/Sales | 3.87% | ||
| Interest Coverage | 1167.25 | ||
| Cash Conversion | 72.94% | ||
| Profit Quality | 73.64% | ||
| Current Ratio | 5.7 | ||
| Quick Ratio | 3.88 | ||
| Altman-Z | 23.06 |
F-Score6
WACC8.97%
ROIC/WACC2.62
Cap/Depr(3y)158.29%
Cap/Depr(5y)152.18%
Cap/Sales(3y)3.31%
Cap/Sales(5y)3.08%
Profit Quality(3y)74.9%
Profit Quality(5y)98.76%
High Growth Momentum
Growth
EPS 1Y (TTM)112.6%
EPS 3Y65.87%
EPS 5YN/A
EPS Q2Q%2333.33%
EPS Next Y2.76%
EPS Next 2Y3.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)19.05%
Revenue growth 3Y22.45%
Revenue growth 5YN/A
Sales Q2Q%18.86%
Revenue Next Year9.37%
Revenue Next 2Y8.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y117.21%
EBIT growth 3Y64.41%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y79.99%
FCF growth 3Y44.57%
FCF growth 5YN/A
OCF growth 1Y70.74%
OCF growth 3Y36.46%
OCF growth 5YN/A