MTRN Stock Analysis: Materion | NYSE
Other Industrial Metals & Mining | NYSE, USA | Market Cap: 5.521m USD | 12M Return: 197.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 108M
EPS Trend: -10.1%
Qual. Beats: 0
Rev. Trend: 73.2%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Materion Corporation is a U.S.-based producer of advanced engineered materials operating across four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. Its product portfolio spans beryllium and non-beryllium alloys, custom metal shapes (strip, rod, plate, bar, tube), ToughMet and SupremEX composites, precious and non-precious metal products, microelectronics packaging, vapor deposition targets, and precision thin film coatings and optical assemblies. The company is vertically integrated in beryllium, operating the bertrandite ore mine and refinery that supplies feedstock hydroxide for its beryllium businesses and third-party sales.
Its products serve a diversified customer base across semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and life sciences end markets, distributed through direct sales, service centers, and independent distributors. Founded in 1921 and headquartered in Mayfield Heights, Ohio, the company was renamed Materion Corporation in March 2011 from its former name, Brush Engineered Materials Inc.
Materion holds a distinctive position in the specialty metals sector as one of the few vertically integrated beryllium producers globally, controlling upstream mining and refining through downstream alloy and component manufacturing. The companys exposure to semiconductor and aerospace/defense end markets ties its growth closely to high-tech and advanced manufacturing cycles within the broader diversified metals and mining industry.
- Semiconductor demand drives Electronic Materials segment growth
- Aerospace and defense orders boost beryllium alloy sales
- Beryllium mine and refinery secures vertical integration advantage
| Net Income: 76.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -2.04 > 1.0 |
| NWC/Revenue: 30.65% < 20% (prev 28.61%; Δ 2.04% < -1%) |
| CFO/TA 0.04 > 3% & CFO 80.6m > Net Income 76.5m |
| Net Debt (618.7m) to EBITDA (181.1m): 3.42 < 3 |
| Current Ratio: 3.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (21.0m) vs 12m ago 0.45% < -2% |
| Gross Margin: 15.84% > 18% (prev 18.90%; Δ -3.05% > 0.5%) |
| Asset Turnover: 105.6% > 50% (prev 98.13%; Δ 7.44% > 0%) |
| Interest Coverage Ratio: 3.85 > 6 (EBIT TTM 110.1m / Interest Expense TTM 28.6m) |
| A: 0.31 (Total Current Assets 875.7m - Total Current Liabilities 288.5m) / Total Assets 1.88b |
| B: 0.49 (Retained Earnings 928.8m / Total Assets 1.88b) |
| C: 0.06 (EBIT TTM 110.1m / Avg Total Assets 1.81b) |
| D: 1.04 (Book Value of Equity 957.0m / Total Liabilities 920.4m) |
| Altman-Z'' = 5.16 = AAA |
| DSRI: 1.09 (Receivables 267.2m/219.3m, Revenue 1.92b/1.72b) |
| GMI: 1.19 (GM 18.90% / 15.84%) |
| AQI: 0.97 (AQ_t 0.22 / AQ_t-1 0.23) |
| SGI: 1.11 (Revenue 1.92b / 1.72b) |
| TATA: -0.00 (NI 76.5m - CFO 80.6m) / TA 1.88b) |
| Beneish M = -2.71 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at USD 257.66 with a total of 167,503 shares traded. Over the past week, the price has changed by -2.93%, over one month by +15.00%, over three months by +57.85% and over the past year by +197.35%.
Current recommended Stop Loss: 240.50 (which is 6.7% or 1.2 ATR below the current price).
Materion has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MTRN.
- StrongBuy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 252.7 | -1.9% |
P/E Trailing = 72.5219
P/E Forward = 44.0529
P/S = 2.8816
P/B = 6.1635
P/EG = 1.2806
Revenue TTM = 1.92b USD
EBIT TTM = 110.1m USD
EBITDA TTM = 181.1m USD
Long Term Debt = 466.9m USD (from longTermDebt, last quarter)
Short Term Debt = 23.1m USD (from shortTermDebt, last quarter)
Debt = 634.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 72.5m
Net Debt = 618.7m USD (calculated: Debt 634.9m - CCE 16.2m)
Enterprise Value = 6.14b USD (5.52b + Debt 634.9m - CCE 16.2m)
Interest Coverage Ratio = 3.85 (Ebit TTM 110.1m / Interest Expense TTM 28.6m)
EV/FCF = 912.9x (Enterprise Value 6.14b / FCF TTM 6.73m)
FCF Yield = 0.11% (FCF TTM 6.73m / Enterprise Value 6.14b)
FCF Margin = 0.35% (FCF TTM 6.73m / Revenue TTM 1.92b)
Net Margin = 3.99% (Net Income TTM 76.5m / Revenue TTM 1.92b)
Gross Margin = 15.84% ((Revenue TTM 1.92b - Cost of Revenue TTM 1.61b) / Revenue TTM)
Gross Margin QoQ = 14.41% (prev 12.47%)
Tobins Q-Ratio = 3.27 (Enterprise Value 6.14b / Total Assets 1.88b)
Interest Expense / Debt = 4.51% (Interest Expense 28.6m / Debt 634.9m)
Taxrate = 6.14% (5.00m / 81.5m)
NOPAT = 103.3m (EBIT 110.1m * (1 - 6.14%))
Current Ratio = 3.04 (Total Current Assets 875.7m / Total Current Liabilities 288.5m)
Debt / Equity = 0.66 (Debt 634.9m / totalStockholderEquity, last quarter 957.0m)
Debt / EBITDA = 3.42 (Net Debt 618.7m / EBITDA 181.1m)
Debt / FCF = 91.99 (Net Debt 618.7m / FCF TTM 6.73m)
Total Stockholder Equity = 936.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.22% (Net Income 76.5m / Total Assets 1.88b)
RoE = 8.17% (Net Income TTM 76.5m / Total Stockholder Equity 936.4m)
RoCE = 7.85% (EBIT 110.1m / Capital Employed (Equity 936.4m + L.T.Debt 466.9m))
RoIC = 6.48% (NOPAT 103.3m / Invested Capital 1.60b)
WACC = 10.65% (E(5.52b)/V(6.16b) * Re(11.39%) + D(634.9m)/V(6.16b) * Rd(4.51%) * (1-Tc(0.06)))
Discount Rate = 11.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -6.67 | Cagr: 0.15%
[DCF] Terminal Value 65.02% ; FCFF base≈20.8m ; Y1≈18.3m ; Y5≈14.8m
[DCF] Fair Price = N/A (negative equity: EV 172.0m - Net Debt 618.7m = -446.7m; debt exceeds intrinsic value)
EPS Correlation: -10.13 | EPS CAGR: -0.32% | SUE: 0.21 | # QB: 0
Revenue Correlation: 73.23 | Revenue CAGR: 3.77% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-06-30): EPS=1.51 | Chg30d=-0.66% | Revisions=-50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.75 | Chg30d=+0.34% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=6.43 | Chg30d=+0.47% | Revisions=+57% | GrowthEPS=+18.2% | GrowthRev=+23.6%
EPS next Year (2027-12-31): EPS=7.52 | Chg30d=+1.08% | Revisions=+29% | GrowthEPS=+17.0% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +39% (up=11, down=4)