MTRN Stock Analysis: Materion | NYSE

Beryllium Alloys, Precision Optics, Microelectronics Packaging, Specialty Coatings

Total Rating 47

Safety 75

Buy Signal 0.07

Other Industrial Metals & Mining
Industry Rotation: -13.9

Market Cap: 3.70B
Avg Turnover: 49.8M

Risk 3d forecast

Volatility100%

VaR 5^th Pctl16.2%

VaR vs Median-1.74%

Reward TTM

Sharpe Ratio1.01

Rel. Str. IBD55.8

Rel. Str. Peer Group76.3 pctl

Character TTM

Beta2.465

Beta Downside1.728

Hurst Exponent0.453

Choppyness53.8%

Drawdowns 3y

Max DD47.84%

CAGR/Max DD0.45

CAGR/Mean DD1.23

EPS (Earnings per Share)

EPS CAGR: 5.42%
EPS Trend: 68.6%

Last SUE: 0.29
Qual. Beats: 0

Revenue

Rev. CAGR: 10.44%
Rev. Trend: 88.1%

Last SUE: -1.70
Qual. Beats: -1

Warnings

Below Avwap Earnings

Below Sma 200d

Tailwinds

Confidence

Seasonality 11.7 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 +0.2% 7

Sep -0.9% 10

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 (NYSE: MTRN) is a U.S.-based producer of advanced engineered materials operating across four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The company manufactures beryllium and non-beryllium alloys, engineered metal shapes (strip, rod, wire, plate, bar, tube), specialty products such as ToughMet alloys and SupremEX aluminum silicon carbide composites, as well as advanced chemicals, microelectronics packaging, vapor deposition targets, clad pre-forms, high-temperature braze materials, precision thin film coatings, and optical filters. Materion is vertically integrated, operating its own bertrandite ore mine and refinery to supply beryllium feedstock for both internal use and external sale.

The company sells to a diverse set of end markets, including semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and life sciences, through a mix of direct sales offices, service centers, and independent distributors and agents. Founded in 1921 and headquartered in Mayfield Heights, Ohio, Materion was formerly known as Brush Engineered Materials Inc. before adopting its current name in March 2011.

Materion is classified within the Materials sector under the Diversified Metals & Mining sub-industry (GICS). Its business model is notable for combining upstream mining and refining of beryllium with downstream specialty manufacturing, making it one of the few vertically integrated producers of beryllium-based engineered materials globally-a niche capability tied to defense, aerospace, and semiconductor supply chains.

Headlines to Watch Out For

Semiconductor capex cycle lifts Electronic Materials segment revenue
Aerospace and defense demand supports beryllium alloy margins
Precision Optics acquisitions expand thin film coating market share

Piotroski VR-10 (Strict) 5.0

Net Income: 103.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.15 > 1.0
NWC/Revenue: 24.90% < 20% (prev 31.19%; Δ -6.29% < -1%)
CFO/TA 0.09 > 3% & CFO 162.2m > Net Income 103.0m
Net Debt (530.0m) to EBITDA (216.3m): 2.45 < 3
Current Ratio: 2.81 > 1.5 & < 3
Outstanding Shares: last quarter (21.2m) vs 12m ago 1.34% < -2%
Gross Margin: 15.68% > 18% (prev 19.00%; Δ -3.32% > 0.5%)
Asset Turnover: 121.1% > 50% (prev 96.68%; Δ 24.46% > 0%)
Interest Coverage Ratio: 4.95 > 6 (EBIT TTM 141.5m / Interest Expense TTM 28.6m)

Altman Z'' 5.47

A: 0.30 (Total Current Assets 859.1m - Total Current Liabilities 306.1m) / Total Assets 1.87b
B: 0.53 (Retained Earnings 999.7m / Total Assets 1.87b)
C: 0.08 (EBIT TTM 141.5m / Avg Total Assets 1.83b)
D: 1.22 (Book Value of Equity 1.03b / Total Liabilities 844.1m)
Altman-Z'' = 5.47 = AAA

Beneish M -2.60

DSRI: 1.07 (Receivables 268.8m/195.3m, Revenue 2.22b/1.73b)
GMI: 1.21 (GM 19.00% / 15.68%)
AQI: 0.95 (AQ_t 0.22 / AQ_t-1 0.23)
SGI: 1.28 (Revenue 2.22b / 1.73b)
TATA: -0.03 (NI 103.0m - CFO 162.2m) / TA 1.87b)
Beneish M = -2.60 (Cap -4..+1) = A

What is the price of MTRN shares?

As of November 08, 2026, the stock is trading at USD 186.11 with a total of 342,770 shares traded. Over the past week, the price has changed by -16.14%, over one month by -40.38%, over three months by -33.08% and over the past year by +62.18%.

Current recommended Stop Loss: 158.50 (which is 14.8% or 1.6 ATR below the current price).

Is MTRN a buy, sell or hold?

Materion has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy MTRN.

StrongBuy: 3
Buy: 1
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the MTRN price?

Analysts Target Price	303.8	63.2%

Materion (MTRN) - Fundamental Data Overview as of 07 November 2026

Market Cap USD = 3.70b (3.70b USD * 1.0 USD.USD)
P/E Trailing = 36.3668
P/E Forward = 21.7865
P/S = 1.6649
P/B = 3.7902
P/EG = 1.2806
Revenue TTM = 2.22b USD
EBIT TTM = 141.5m USD
EBITDA TTM = 216.3m USD
Long Term Debt = 377.4m USD (from longTermDebt, last quarter)
Short Term Debt = 19.6m USD (from shortTermDebt, last quarter)
Debt = 545.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 74.2m
Net Debt = 530.0m USD (calculated: Debt 545.4m - CCE 15.4m)
Enterprise Value = 4.23b USD (3.70b + Debt 545.4m - CCE 15.4m)
Interest Coverage Ratio = 4.95 (Ebit TTM 141.5m / Interest Expense TTM 28.6m)
EV/FCF = 49.67x (Enterprise Value 4.23b / FCF TTM 85.1m)
FCF Yield = 2.01% (FCF TTM 85.1m / Enterprise Value 4.23b)
FCF Margin = 3.83% (FCF TTM 85.1m / Revenue TTM 2.22b)
Net Margin = 4.64% (Net Income TTM 103.0m / Revenue TTM 2.22b)
Gross Margin = 15.68% ((Revenue TTM 2.22b - Cost of Revenue TTM 1.87b) / Revenue TTM)
Gross Margin QoQ = 18.28% (prev 17.00%)
Tobins Q-Ratio = 2.26 (Enterprise Value 4.23b / Total Assets 1.87b)
Interest Expense / Debt = 5.23% (Interest Expense 28.6m / Debt 545.4m)
Taxrate = 8.75% (9.88m / 112.9m)
NOPAT = 129.1m (EBIT 141.5m * (1 - 8.75%))
Current Ratio = 2.81 (Total Current Assets 859.1m / Total Current Liabilities 306.1m)
Debt / Equity = 0.53 (Debt 545.4m / totalStockholderEquity, last quarter 1.03b)
Debt / EBITDA = 2.45 (Net Debt 530.0m / EBITDA 216.3m)
Debt / FCF = 6.23 (Net Debt 530.0m / FCF TTM 85.1m)
Total Stockholder Equity = 981.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.62% (Net Income 103.0m / Total Assets 1.87b)
RoE = 10.50% (Net Income TTM 103.0m / Total Stockholder Equity 981.1m)
RoCE = 10.41% (EBIT 141.5m / Capital Employed (Equity 981.1m + L.T.Debt 377.4m))
RoIC = 8.21% (NOPAT 129.1m / Invested Capital 1.57b)
WACC = 12.74% (E(3.70b)/V(4.24b) * Re(13.91%) + D(545.4m)/V(4.24b) * Rd(5.23%) * (1-Tc(0.09)))
Discount Rate = 13.91% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: 73.50 | Cagr: 0.53%
[DCF] Terminal Value 63.05% ; FCFF base≈82.6m ; Y1≈88.5m ; Y5≈106.7m
[DCF] Fair Price = 19.24 (EV 930.9m - Net Debt 530.0m = Equity 400.9m / Shares 20.8m; r=12.74% [WACC]; 5y FCF grow 8.12% → 2.50% )
EPS Correlation: 68.62 | EPS CAGR: 5.42% | SUE: 0.29 | # QB: 0
Revenue Correlation: 88.15 | Revenue CAGR: 10.44% | SUE: -1.70 | # QB: -1
EPS current Quarter (2027-03-31): EPS=1.91 | Chg30d=+0.00% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=7.02 | Chg30d=+0.37% | Revisions=+62% | GrowthEPS=+29.0% | GrowthRev=+33.4%
EPS next Year (2027-12-31): EPS=8.43 | Chg30d=+0.52% | Revisions=+62% | GrowthEPS=+20.1% | GrowthRev=+9.2%
[Analyst] Revisions Ratio: +80% (up=12, down=0)