MTRN's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 209.86 -- higher than 85.08% of US-listed equities with positive expected earnings growth.
MATERION Corp's stock had its IPO on January 1, 1986, making it an older stock than 92.89% of US equities in our set.
With a year-over-year growth in debt of 424.07%, MATERION Corp's debt growth rate surpasses 95.71% of about US stocks.
If you're looking for stocks that are quantitatively similar to MATERION Corp, a group of peers worth examining would be LXFR, HRC, ISDR, ASTE, and BRC.
Materion Inc. supplies highly engineered advanced enabling materials to global markets. Products include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems. The company was founded in 1931 and is based in Mayfield Heights, Ohio.
MTRN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MTRN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that MATERION Corp ranked in the 45th percentile in terms of potential gain offered. As for the metrics that stood out in our discounted cash flow analysis of MATERION Corp, consider:
The company's balance sheet shows it gets 84% of its capital from equity, and 16% of its capital from debt. Its equity weight surpasses that of 72.53% of free cash flow generating stocks in the Basic Materials sector.
MATERION Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
MATERION Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 8.07. This coverage rate is greater than that of 74.25% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of MATERION Corp? See SBSW, CCF, RPM, FMC, and CBT.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Materion Corporation (MTRN) Q2 2020 Earnings Conference Call July 23, 2020, 09:00 AM ET Company Participants Steve Shamrock - VP, Corporate Controller and IR Jugal Vijayvargiya - President and CEO Conference Call Participants Phil Gibbs - KeyBanc Marco Rodriguez - Stonegate Capital Presentation Operator Greetings and welcome to the Materion...