-0.41%
2.49%
-0.29%
-15.85%
-13.36%
22.32%
86.63%
AI Spotlight on MTRN
Company Description
Materion Corporation, through with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally.It operates through Performance Alloys and Composites, Advanced Materials, and Precision Optics segments.The Performance Alloys and Composites segment offers advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes.
This segment operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale.The Advances Materials segment produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-pure wire.This segment offers its products from its facilities, as well as through direct sales offices and independent sales representatives.
The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies.This segment sells its directly from its facilities, as well as through direct sales offices and independent sales representatives throughout the world.The company was formerly known as Brush Engineered Materials Inc.
and changed its name to Materion Corporation in 2011.Materion Corporation was incorporated in 1931 and is headquartered in Mayfield Heights, Ohio.
Market Data
| Last Price | 101.34 |
| Change Percentage | -0.41% |
| Open | 101.24 |
| Previous Close | 101.76 |
| Market Cap ( Millions) | 2103 |
| Volume | 5624 |
| Year High | 145.08 |
| Year Low | 93.2 |
| M A 50 | 106.05 |
| M A 200 | 109.86 |
Financial Ratios
| FCF Yield | -0.71% |
| Dividend Yield | 0.53% |
| ROE | 8.21% |
| Debt / Equity | 60.68% |
| Net Debt / EBIDTA | 294.83% |
| Price To Book | 2.26 |
| Price Earnings Ratio | 28.34 |
| Price To FCF | -140.83 |
| Price To sales | 1.26 |
| EV / EBITDA | 14.27 |
News
- Jan -29 - Materion Corporation Declares Quarterly Cash Dividend
- Oct -30 - Materion Corporation (MTRN) Q3 2024 Earnings Call Transcript
- Oct -30 - Materion (MTRN) Meets Q3 Earnings Estimates
- Oct -30 - Materion Corporation Reports Third Quarter 2024 Financial Results
- Oct -23 - Materion Corporation Declares Quarterly Cash Dividend
- Oct -23 - Materion Corporation to Announce Third Quarter 2024 Financial Results on October 30
- Oct -08 - Rockland Resources Looks to Drill the Permitted Beryllium Butte Project, Utah
- Oct -04 - Why Materion (MTRN) Stock Is Moving Today
- Oct -04 - Why Shares of Materion Are Plunging This Week
- Oct -04 - Materion (MTRN) Soars 3.5%: Is Further Upside Left in the Stock?
- Oct -02 - Materion Corp (MTRN) Shares Gap Down to $101.0999 on Oct 2
- Sep -25 - Materion Names Jason Moore President of Precision Optics Business
- Aug -09 - Materion Corporation (MTRN) Q2 2024 Earnings Call Transcript
- Aug -08 - Materion Corporation Declares Quarterly Cash Dividend
- Aug -05 - Materion (MTRN) Beats Q2 Earnings Estimates
- Aug -05 - Materion Corporation Reports Record Second Quarter 2024 Financial Results
- Jul -25 - Materion Corporation to Announce Second Quarter Financial Results on August 5
- Jun -06 - Materion to Participate in CL King's Advanced Electronics Seminar
- Jun -05 - Materion Listed Among USA TODAY America's Climate Leaders 2024
- May -20 - Panagora Asset Management Inc. Has $2.68 Million Stock Position in Materion Co. (NYSE:MTRN)
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Electronic Materials
Expected Growth : 8.5 %
What the company do ?
Materion Corporation's Electronic Materials segment provides advanced materials for semiconductor, solar, and LED applications, including sputtering targets, electrochemical deposition materials, and precious metal precursors.
Why we expect these perspectives ?
Materion Corporation's Electronic Materials segment growth of 8.5% is driven by increasing demand for advanced semiconductor materials, 5G infrastructure expansion, and rising adoption of electric vehicles and renewable energy systems, which rely on Materion's specialized materials and components.
Segment n°2 -> Performance Materials
Expected Growth : 9.2 %
What the company do ?
Performance Materials from Materion Corporation provides advanced materials for a wide range of industries, including aerospace, automotive, and electronics.
Why we expect these perspectives ?
Materion Corporation's Performance Materials segment growth of 9.2% is driven by increasing demand for advanced materials in the semiconductor, LED, and solar industries. Strong sales of beryllium-based products, growth in the 5G infrastructure market, and expanding presence in Asia also contribute to the segment's growth.
Segment n°3 -> Precision Optics
Expected Growth : 8.8 %
What the company do ?
Precision Optics from Materion Corporation provides high-precision optical components and assemblies for various industries, including aerospace, defense, and medical devices.
Why we expect these perspectives ?
Materion Corporation's Precision Optics segment growth of 8.8% is driven by increasing demand for advanced optical components in the medical, industrial, and semiconductor markets. Strong sales of precision optical components for 3D sensing, augmented reality, and laser-based applications also contribute to the growth. Additionally, the company's strategic investments in research and development, and its focus on operational efficiency, have enabled it to capitalize on emerging trends and opportunities.
Materion Corporation Products
| Product Range | What is it ? |
|---|---|
| Beryllium and Beryllium Alloys | Materion's beryllium and beryllium alloys are used in a variety of applications, including aerospace, defense, and commercial industries. |
| Copper and Copper Alloys | Materion's copper and copper alloys are used in a range of applications, including electrical and electronic components, industrial equipment, and consumer products. |
| Inorganic Chemicals | Materion's inorganic chemicals are used in a variety of applications, including the production of catalysts, fuel cells, and other industrial processes. |
| Microelectronic Materials | Materion's microelectronic materials are used in the production of semiconductors, flat panel displays, and other electronic components. |
| Optical Filters | Materion's optical filters are used in a range of applications, including astronomy, biomedical research, and industrial inspection. |
| Precious Metals | Materion's precious metals are used in a variety of applications, including jewelry, catalytic converters, and other industrial processes. |
| Specialty Coatings | Materion's specialty coatings are used in a range of applications, including aerospace, defense, and industrial processes. |
| Technical Materials | Materion's technical materials are used in a variety of applications, including aerospace, defense, and industrial processes. |
Materion Corporation's Porter Forces
Threat Of Substitutes
Materion Corporation's products are specialized and have few substitutes, but the threat of substitutes is still present due to the evolving nature of the industry.
Bargaining Power Of Customers
Materion Corporation's customers are diverse and have limited bargaining power due to the company's strong market position and product offerings.
Bargaining Power Of Suppliers
Materion Corporation's suppliers have some bargaining power due to the specialized nature of the materials they provide, but the company's strong relationships and diversified supply chain mitigate this risk.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the industry, including significant capital requirements and the need for specialized expertise.
Intensity Of Rivalry
The intensity of rivalry in the industry is high due to the presence of several established competitors, leading to a competitive landscape that requires Materion Corporation to continually innovate and improve its offerings.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 32.89% |
| Debt Cost | 8.74% |
| Equity Weight | 67.11% |
| Equity Cost | 9.79% |
| WACC | 9.45% |
| Leverage | 49.01% |
Materion Corporation : Quality Control
Materion Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CF | CF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea … |
| UFPI | UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The … |
| OLN | Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali … |
| RPM | RPM International Inc. manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and institutional roofing systems; sealants, air barriers, tapes, and … |
| EXP | Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States. It operates through Cement, Concrete and Aggregates, Gypsum Wallboard, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CF Industries
A-Score
1-Year Total Return ->
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UFP Industries
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1-Year Total Return ->
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RPM International
A-Score
1-Year Total Return ->
4
Eagle Materials
A-Score
1-Year Total Return ->
5
Olin
A-Score
1-Year Total Return ->
6
