(MG) Mistras - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US60649T1079

Stock: Inspection, Monitoring, Sensors, Software, Diving

Total Rating 61

Risk 85

Buy Signal 1.53

Security & Protection Services » Research & Consulting Services
Age: 16.3y

Market Cap: 456m
Avg Trading Vol: 2.28M USD

ATR: 3.18%
Peers RS (IBD): 86.67

EPS (Earnings per Share)

EPS CAGR: 101.76%
EPS Trend: 44.3%

Last SUE: -2.54
Qual. Beats: 0

Revenue

Rev. CAGR: 3.62%
Rev. Trend: 47.4%

Last SUE: 0.63
Qual. Beats: 0

Risk 5d forecast
Volatility	39.3%
Relative Tail Risk	-12.5%

Reward TTM
Sharpe Ratio	0.96
Alpha	31.97

Character TTM
Beta	0.870
Beta Downside	0.988

Drawdowns 3y
Max DD	40.78%
CAGR/Max DD	0.97

Description: MG Mistras December 31, 2025

Mistras Group Inc. (NYSE: MG) delivers technology-enabled asset protection across the United States, the Americas, Europe, and APAC, offering a portfolio that spans non-destructive testing, inline pipeline inspection, plant-condition-management software, and a broad suite of maintenance, engineering, and consulting services.

In FY 2023 the company reported roughly $1.2 billion in revenue with an adjusted EBITDA margin of about 13%, and a backlog of $300 million that reflects strong demand for its inspection and data-analytics services in oil-&-gas and power generation sectors.

Key economic drivers for Mistras include global energy-capex cycles (particularly upstream oil-field spending), heightened regulatory scrutiny of aging infrastructure, and accelerated adoption of digital condition-monitoring platforms that improve asset reliability and reduce downtime.

Sector-wide, the non-destructive testing market is projected to grow at a CAGR of 6-7% through 2028, fueled by increasing safety standards in aerospace, nuclear power, and civil infrastructure projects.

For a deeper, data-driven view of MG’s valuation dynamics, you might explore the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 18.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA -2.37 > 1.0
NWC/Revenue: 15.62% < 20% (prev 10.58%; Δ 5.04% < -1%)
CFO/TA 0.04 > 3% & CFO 26.5m > Net Income 18.1m
Net Debt (206.6m) to EBITDA (69.7m): 2.96 < 3
Current Ratio: 1.89 > 1.5 & < 3
Outstanding Shares: last quarter (31.9m) vs 12m ago 0.69% < -2%
Gross Margin: 29.34% > 18% (prev 0.28%; Δ 2906 % > 0.5%)
Asset Turnover: 124.6% > 50% (prev 134.0%; Δ -9.33% > 0%)
Interest Coverage Ratio: 2.57 > 6 (EBITDA TTM 69.7m / Interest Expense TTM 14.9m)

Altman Z'' 1.61

A: 0.19 (Total Current Assets 237.5m - Total Current Liabilities 125.8m) / Total Assets 596.3m
B: 0.00 (Retained Earnings 2.96m / Total Assets 596.3m)
C: 0.07 (EBIT TTM 38.3m / Avg Total Assets 574.0m)
D: -0.08 (Book Value of Equity -27.9m / Total Liabilities 368.4m)
Altman-Z'' Score: 1.61 = BB

Beneish M -2.96

DSRI: 1.25 (Receivables 174.8m/144.1m, Revenue 715.3m/739.0m)
GMI: 0.95 (GM 29.34% / 27.84%)
AQI: 0.90 (AQ_t 0.45 / AQ_t-1 0.50)
SGI: 0.97 (Revenue 715.3m / 739.0m)
TATA: -0.01 (NI 18.1m - CFO 26.5m) / TA 596.3m)
Beneish M-Score: -2.96 (Cap -4..+1) = A

What is the price of MG shares?

As of February 09, 2026, the stock is trading at USD 14.67 with a total of 87,357 shares traded.
Over the past week, the price has changed by +1.59%, over one month by +8.99%, over three months by +12.24% and over the past year by +46.26%.

Is MG a buy, sell or hold?

Mistras has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy MG.

StrongBuy: 1
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the MG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	17	15.9%
Analysts Target Price	17	15.9%
ValueRay Target Price	16.7	13.6%

MG Fundamental Data Overview February 03, 2026

P/E Trailing = 25.3333
P/E Forward = 19.7628
P/S = 0.6369
P/B = 1.9589
P/EG = 0.8563
Revenue TTM = 715.3m USD
EBIT TTM = 38.3m USD
EBITDA TTM = 69.7m USD
Long Term Debt = 189.2m USD (from longTermDebt, last quarter)
Short Term Debt = 30.5m USD (from shortTermDebt, last quarter)
Debt = 234.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 206.6m USD (from netDebt column, last quarter)
Enterprise Value = 662.1m USD (455.6m + Debt 234.4m - CCE 27.8m)
Interest Coverage Ratio = 2.57 (Ebit TTM 38.3m / Interest Expense TTM 14.9m)
EV/FCF = 314.8x (Enterprise Value 662.1m / FCF TTM 2.10m)
FCF Yield = 0.32% (FCF TTM 2.10m / Enterprise Value 662.1m)
FCF Margin = 0.29% (FCF TTM 2.10m / Revenue TTM 715.3m)
Net Margin = 2.53% (Net Income TTM 18.1m / Revenue TTM 715.3m)
Gross Margin = 29.34% ((Revenue TTM 715.3m - Cost of Revenue TTM 505.4m) / Revenue TTM)
Gross Margin QoQ = 32.59% (prev 29.10%)
Tobins Q-Ratio = 1.11 (Enterprise Value 662.1m / Total Assets 596.3m)
Interest Expense / Debt = 1.44% (Interest Expense 3.38m / Debt 234.4m)
Taxrate = 22.34% (3.80m / 17.0m)
NOPAT = 29.7m (EBIT 38.3m * (1 - 22.34%))
Current Ratio = 1.89 (Total Current Assets 237.5m / Total Current Liabilities 125.8m)
Debt / Equity = 1.03 (Debt 234.4m / totalStockholderEquity, last quarter 227.4m)
Debt / EBITDA = 2.96 (Net Debt 206.6m / EBITDA 69.7m)
Debt / FCF = 98.22 (Net Debt 206.6m / FCF TTM 2.10m)
Total Stockholder Equity = 210.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.16% (Net Income 18.1m / Total Assets 596.3m)
RoE = 8.63% (Net Income TTM 18.1m / Total Stockholder Equity 210.1m)
RoCE = 9.58% (EBIT 38.3m / Capital Employed (Equity 210.1m + L.T.Debt 189.2m))
RoIC = 7.55% (NOPAT 29.7m / Invested Capital 393.4m)
WACC = 6.40% (E(455.6m)/V(689.9m) * Re(9.12%) + D(234.4m)/V(689.9m) * Rd(1.44%) * (1-Tc(0.22)))
Discount Rate = 9.12% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.28%
[DCF Debug] Terminal Value 78.10% ; FCFF base≈7.27m ; Y1≈4.77m ; Y5≈2.18m
Fair Price DCF = N/A (negative equity: EV 60.0m - Net Debt 206.6m = -146.5m; debt exceeds intrinsic value)
EPS Correlation: 44.34 | EPS CAGR: 101.8% | SUE: -2.54 | # QB: 0
Revenue Correlation: 47.44 | Revenue CAGR: 3.62% | SUE: 0.63 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.10 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=1.01 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+16.7% | Growth Revenue=+2.9%

Additional Sources for MG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle