MTRN Stock Analysis: Materion | NYSE

Beryllium Alloys, Engineered Metals, Optical Coatings, Microelectronics Materials

Total Rating 73

Safety 83

Buy Signal 1.29

Other Industrial Metals & Mining
Industry Rotation: +44.0

Market Cap: 4.85B
Avg Turnover: 93.2M

Risk 3d forecast

Volatility49.7%

VaR 5^th Pctl8.04%

VaR vs Median-1.70%

Reward TTM

Sharpe Ratio1.46

Rel. Str. IBD92.2

Rel. Str. Peer Group86.5

Character TTM

Beta2.600

Beta Downside1.860

Hurst Exponent0.438

Drawdowns 3y

Max DD47.84%

CAGR/Max DD0.63

CAGR/Mean DD1.80

EPS (Earnings per Share)

EPS CAGR: 1.68%
EPS Trend: 34.3%

Last SUE: 3.79
Qual. Beats: 1

Revenue

Rev. CAGR: 7.04%
Rev. Trend: 82.1%

Last SUE: 2.69
Qual. Beats: 3

Warnings

Below Avwap Earnings

Tailwinds

Rs Leader

Pead

Confidence

Seasonality 11.6 years of data

Jan +1.3% 8

Feb -0.3% 5

Mar -0.6% 15

Apr +5.5% 17

May +0.8% 5

Jun +5.2% 20

Jul +0.2% 10

Aug -0.3% 0

Sep -0.4% 5

Oct -3.6% 16

Nov +8.7% 31

Dec -0.1% 10

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.

Description: MTRN Materion

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.

Headlines to Watch Out For

Semiconductor demand drives Electronic Materials segment growth
Aerospace and defense orders boost beryllium alloy sales
Beryllium mine and refinery secures vertical integration advantage

Piotroski VR-10 (Strict) 4.5

Net Income: 90.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.58 > 1.0
NWC/Revenue: 27.36% < 20% (prev 29.16%; Δ -1.80% < -1%)
CFO/TA 0.06 > 3% & CFO 108.3m > Net Income 90.1m
Net Debt (562.4m) to EBITDA (198.2m): 2.84 < 3
Current Ratio: 2.94 > 1.5 & < 3
Outstanding Shares: last quarter (21.1m) vs 12m ago 1.16% < -2%
Gross Margin: 15.63% > 18% (prev 18.95%; Δ -3.31% > 0.5%)
Asset Turnover: 116.2% > 50% (prev 99.10%; Δ 17.09% > 0%)
Interest Coverage Ratio: 4.38 > 6 (EBIT TTM 125.5m / Interest Expense TTM 28.7m)

Altman Z'' 5.35

A: 0.31 (Total Current Assets 870.0m - Total Current Liabilities 295.8m) / Total Assets 1.87b
B: 0.52 (Retained Earnings 964.5m / Total Assets 1.87b)
C: 0.07 (EBIT TTM 125.5m / Avg Total Assets 1.81b)
D: 1.14 (Book Value of Equity 994.9m / Total Liabilities 875.8m)
Altman-Z'' = 5.35 = AAA

Beneish M -2.64

DSRI: 1.08 (Receivables 260.8m/198.4m, Revenue 2.10b/1.73b)
GMI: 1.21 (GM 18.95% / 15.63%)
AQI: 0.96 (AQ_t 0.22 / AQ_t-1 0.23)
SGI: 1.22 (Revenue 2.10b / 1.73b)
TATA: -0.01 (NI 90.1m - CFO 108.3m) / TA 1.87b)
Beneish M = -2.64 (Cap -4..+1) = A

What is the price of MTRN shares?

As of August 26, 2026, the stock is trading at USD 232.50 with a total of 208,163 shares traded. Over the past week, the price has changed by -11.89%, over one month by -3.80%, over three months by +4.42% and over the past year by +108.51%.

Current recommended Stop Loss: 212.50 (which is 8.6% or 1.2 ATR below the current price).

Is MTRN a buy, sell or hold?

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

What are the forecasts/targets for the MTRN price?

Analysts Target Price	301.2	29.5%

Materion (MTRN) - Fundamental Data Overview as of 22 August 2026

Market Cap USD = 4.85b (4.85b USD * 1.0 USD.USD)
P/E Trailing = 57.1794
P/E Forward = 36.4964
P/S = 2.3107
P/B = 5.1352
P/EG = 1.2806
Revenue TTM = 2.10b USD
EBIT TTM = 125.5m USD
EBITDA TTM = 198.2m USD
Long Term Debt = 423.2m USD (from longTermDebt, last quarter)
Short Term Debt = 17.5m USD (from shortTermDebt, last quarter)
Debt = 582.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 70.8m
Net Debt = 562.4m USD (calculated: Debt 582.4m - CCE 20.0m)
Enterprise Value = 5.41b USD (4.85b + Debt 582.4m - CCE 20.0m)
Interest Coverage Ratio = 4.38 (Ebit TTM 125.5m / Interest Expense TTM 28.7m)
EV/FCF = 158.7x (Enterprise Value 5.41b / FCF TTM 34.1m)
FCF Yield = 0.63% (FCF TTM 34.1m / Enterprise Value 5.41b)
FCF Margin = 1.63% (FCF TTM 34.1m / Revenue TTM 2.10b)
Net Margin = 4.29% (Net Income TTM 90.1m / Revenue TTM 2.10b)
Gross Margin = 15.63% ((Revenue TTM 2.10b - Cost of Revenue TTM 1.77b) / Revenue TTM)
Gross Margin QoQ = 17.00% (prev 14.41%)
Tobins Q-Ratio = 2.89 (Enterprise Value 5.41b / Total Assets 1.87b)
Interest Expense / Debt = 4.93% (Interest Expense 28.7m / Debt 582.4m)
Taxrate = 6.95% (6.73m / 96.8m)
NOPAT = 116.8m (EBIT 125.5m * (1 - 6.95%))
Current Ratio = 2.94 (Total Current Assets 870.0m / Total Current Liabilities 295.8m)
Debt / Equity = 0.59 (Debt 582.4m / totalStockholderEquity, last quarter 994.9m)
Debt / EBITDA = 2.84 (Net Debt 562.4m / EBITDA 198.2m)
Debt / FCF = 16.49 (Net Debt 562.4m / FCF TTM 34.1m)
Total Stockholder Equity = 957.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.99% (Net Income 90.1m / Total Assets 1.87b)
RoE = 9.41% (Net Income TTM 90.1m / Total Stockholder Equity 957.4m)
RoCE = 9.09% (EBIT 125.5m / Capital Employed (Equity 957.4m + L.T.Debt 423.2m))
RoIC = 7.43% (NOPAT 116.8m / Invested Capital 1.57b)
WACC = 14.00% (E(4.85b)/V(5.43b) * Re(15.13%) + D(582.4m)/V(5.43b) * Rd(4.93%) * (1-Tc(0.07)))
Discount Rate = 15.13% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 41.83 | Cagr: 0.22%
[DCF] Terminal Value 55.13% ; FCFF base≈51.2m ; Y1≈44.9m ; Y5≈36.2m
[DCF] Fair Price = N/A (negative equity: EV 304.4m - Net Debt 562.4m = -258.0m; debt exceeds intrinsic value)
EPS Correlation: 34.33 | EPS CAGR: 1.68% | SUE: 3.79 | # QB: 1
Revenue Correlation: 82.14 | Revenue CAGR: 7.04% | SUE: 2.69 | # QB: 3
EPS current Quarter (2026-09-30): EPS=1.89 | Chg30d=+7.64% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=6.99 | Chg30d=+8.47% | Revisions=+57% | GrowthEPS=+28.6% | GrowthRev=+34.0%
EPS next Year (2027-12-31): EPS=8.39 | Chg30d=+10.42% | Revisions=+57% | GrowthEPS=+20.0% | GrowthRev=+9.3%
[Analyst] Revisions Ratio: +80% (up=12, down=0)