(MPTI) M-tron Industries - NYSE MKT
Sector: Technology | Industry: Electronic Components | Exchange: NYSE MKT (USA) | Market Cap: 426m USD | Total Return: 100% in 12m
Avg Turnover: 8.99M
EPS Trend: 92.1%
Qual. Beats: 0
Rev. Trend: 98.9%
Qual. Beats: 0
Warnings
Share dilution 33.3% YoY
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind
M-tron Industries, Inc. (MPTI) specializes in the engineering and production of frequency and spectrum control solutions. The company’s portfolio includes radio frequency (RF) filters, microwave assemblies, and high-performance crystal oscillators designed to manage signal timing in complex electronic circuits. These components are critical for hardware operating in harsh environments where precision and reliability are mandatory.
The company primarily serves the aerospace, defense, and industrial sectors, providing hardware for avionics and satellite communications. In the electronic equipment industry, high barriers to entry exist due to the rigorous qualification standards required for military and space-grade technology. As a domestic manufacturer headquartered in Florida, M-tron benefits from the increasing demand for secure, U.S.-based supply chains in the defense electronics market.
For a deeper look into the companys valuation and historical performance, consider reviewing the detailed financial metrics available on ValueRay.
- Defense spending increases drive demand for RF and microwave filters
- Aerospace and defense contract wins expand multi-year order backlog
- High-margin custom integrated microwave assemblies improve overall operating leverage
- Space and satellite communication growth accelerates precision oscillator sales volume
| Net Income: 9.21m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -2.92 > 1.0 |
| NWC/Revenue: 116.8% < 20% (prev 51.16%; Δ 65.60% < -1%) |
| CFO/TA 0.14 > 3% & CFO 11.2m > Net Income 9.21m |
| Net Debt (-51.8m) to EBITDA (12.8m): -4.04 < 3 |
| Current Ratio: 11.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (3.57m) vs 12m ago 22.91% < -2% |
| Gross Margin: 44.95% > 18% (prev 46.02%; Δ -1.07% > 0.5%) |
| Asset Turnover: 96.31% > 50% (prev 133.9%; Δ -37.57% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.83 (Total Current Assets 71.9m - Total Current Liabilities 6.12m) / Total Assets 79.3m |
| B: 0.28 (Retained Earnings 22.2m / Total Assets 79.3m) |
| C: 0.20 (EBIT TTM 11.7m / Avg Total Assets 58.5m) |
| D: 11.70 (Book Value of Equity 73.1m / Total Liabilities 6.24m) |
| Altman-Z'' = 19.98 = AAA |
| DSRI: 1.08 (Receivables 8.08m/6.72m, Revenue 56.4m/50.6m) |
| GMI: 1.02 (GM 46.02% / 44.95%) |
| AQI: 0.14 (AQ_t 0.01 / AQ_t-1 0.04) |
| SGI: 1.11 (Revenue 56.4m / 50.6m) |
| TATA: -0.02 (NI 9.21m - CFO 11.2m) / TA 79.3m) |
| Beneish M = -3.37 (Cap -4..+1) = AA |
As of June 19, 2026, the stock is trading at USD 95.94 with a total of 236,501 shares traded.
Over the past week, the price has changed by +2.43%,
over one month by +24.06%,
over three months by +50.00% and
over the past year by +99.98%.
M-tron Industries has no consensus analysts rating.
| Analysts Target Price | 84 | -12.4% |
P/E Trailing = 37.3523
P/E Forward = 42.5532
P/S = 7.5595
P/B = 5.6997
P/EG = 1.7053
Revenue TTM = 56.4m USD
EBIT TTM = 11.7m USD
EBITDA TTM = 12.8m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 128k USD (from shortLongTermDebtTotal, last quarter) (leases 128k already included)
Net Debt = -51.8m USD (calculated: Debt 128k - CCE 52.0m)
Enterprise Value = 374.3m USD (426.1m + Debt 128k - CCE 52.0m)
Interest Coverage Ratio = unknown (Ebit TTM 11.7m / Interest Expense TTM 0.0)
EV/FCF = 42.76x (Enterprise Value 374.3m / FCF TTM 8.75m)
FCF Yield = 2.34% (FCF TTM 8.75m / Enterprise Value 374.3m)
FCF Margin = 15.53% (FCF TTM 8.75m / Revenue TTM 56.4m)
Net Margin = 16.33% (Net Income TTM 9.21m / Revenue TTM 56.4m)
Gross Margin = 44.95% ((Revenue TTM 56.4m - Cost of Revenue TTM 31.0m) / Revenue TTM)
Gross Margin QoQ = 44.90% (prev 46.87%)
Tobins Q-Ratio = 4.72 (Enterprise Value 374.3m / Total Assets 79.3m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 128k)
Taxrate = 21.31% (2.49m / 11.7m)
NOPAT = 9.21m (EBIT 11.7m * (1 - 21.31%))
Current Ratio = 11.76 (Total Current Assets 71.9m / Total Current Liabilities 6.12m)
Debt / Equity = 0.00 (Debt 128k / totalStockholderEquity, last quarter 73.1m)
Debt / EBITDA = -4.04 (Net Debt -51.8m / EBITDA 12.8m)
Debt / FCF = -5.92 (Net Debt -51.8m / FCF TTM 8.75m)
Total Stockholder Equity = 52.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.73% (Net Income 9.21m / Total Assets 79.3m)
RoE = 17.69% (Net Income TTM 9.21m / Total Stockholder Equity 52.0m)
RoCE = 15.99% (EBIT 11.7m / Capital Employed (Total Assets 79.3m - Current Liab 6.12m))
RoIC = 13.08% (NOPAT 9.21m / Invested Capital 70.4m)
WACC = 10.15% (E(426.1m)/V(426.3m) * Re(10.15%) + D(128k)/V(426.3m) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 10.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 44.72 | Cagr: 13.64%
[DCF] Terminal Value 72.38% ; FCFF base≈7.36m ; Y1≈8.44m ; Y5≈12.4m
[DCF] Fair Price = 44.81 (EV 141.8m - Net Debt -51.8m = Equity 193.7m / Shares 4.32m; r=10.15% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 92.05 | EPS CAGR: 47.54% | SUE: 0.24 | # QB: 0
Revenue Correlation: 98.93 | Revenue CAGR: 16.42% | SUE: 0.71 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.59 | Chg30d=+9.26% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.69 | Chg30d=+1.47% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=2.66 | Chg30d=+4.31% | Revisions=+20% | GrowthEPS=+1.5% | GrowthRev=+9.9%
EPS next Year (2027-12-31): EPS=3.51 | Chg30d=-1.40% | Revisions=-20% | GrowthEPS=+31.9% | GrowthRev=+11.2%