M-tron Industries, Inc.

M-tron Industries, Inc.

MPTIยทAMEX

$91.58

-0.71%
TechnologyHardware, Equipment & Parts

M-tron Industries, Inc. designs, manufactures, and markets frequency and spectrum control products. It operates in two product groups, Frequency Control and Spectrum Control. The Frequency Control product group includes a portfolio of quartz crystal resonators, clock oscillators, VCXO, TCXO OCXO, and DOCXO devices. These products are designed for applications in aerospace and defense, telecommunications infrastructure, and instrumentation markets. The Spectrum Control product group comprises an array of radio frequency (RF), microwave and millimeter wave filters, and diplexers covering a frequency range from 1 MHz to 90 GHz, and solid-state power amplifiers covering a frequency range from 300 MHz to 26 GHz, with power output from 10 Watts to 10 kWatts. The filter devices include crystal, ceramic, LC, tubular, combline, cavity, interdigital and metal insert waveguide, as well as digital, analog, and mechanical tunable filters, switched filter arrays, and RF subsystems. The power amplifiers add active devices comprise GaN, GaAS FET, LDMOS, and chip and wire technologies in narrow or broadband, module, or rack-mounted packages. These products are used in applications in the commercial and military aerospace, defense, space, and other commercial markets. The company was founded in 1965 and is based in Orlando, Florida.

At a Glance

Live Snapshot
Market Cap$278.13M
EPS2.9400
P/E Ratio18.10
Earnings Date08/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 18.1).

Valuation inputs: P/E 18.1, earnings yield +5.5%, momentum -0.7%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +13.4%, ROIC +12.5%).

Profitability stack: net margin +15.5%, ROE +13.4%, ROIC +12.5%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +7.6%, momentum -0.7%, net margin +15.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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M-tron Industries, Inc. Market vs Earnings Trajectory

MPTI ยท AMEX

Loading price and EPS data...

M-tron Industries, Inc.

M-tron Industries, Inc. Fair Value Envelope

MPTI ยท AMEX

Our analysis suggests that MPTI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $91.58, this represents a potential HIDDEN relative to our calculated worth for M-tron Industries, Inc..

Intrinsic Value
Current Price: $91.58
3Y+339.0%
5Y+584.0%
10Y+584.0%
3Y+71.0%
5Y+81.0%
10Y+81.0%
3Y+370.0%
5Y+266.0%
10Y+266.0%
3Y+422.0%
5Y+173.0%
10Y+173.0%
3Y+633.0%
5Y+132.0%
10Y+132.0%
3Y+255.0%
5Y+282.0%
10Y+282.0%
M-tron Industries, Inc.

M-tron Industries, Inc. Profit Bridge

MPTI ยท AMEX
Revenue54.42M
Cost of Goods Sold (30.27M)
Gross Profit24.15M
Operating Expenses (13.86M)
Operating Income10.29M
Interest Expense (0.00)
Other Income/Expense663.00K
Pretax Income10.95M
Income Tax (2.51M)
Net Income8.45M
Net Income
8.45M

Profitability Analysis

Gross Margin

44.4%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

18.9%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

15.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

22.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

44.38%
Gross Profit Margin
-4%
3Y+25.0%
5Y+29.0%
10Y+29.0%
18.91%
Operating Profit Margin
-1%
3Y+109.0%
5Y+87.0%
10Y+87.0%
15.52%
Net Profit Margin
3Y+175.0%
5Y+101.0%
10Y+101.0%
13.36%
Return on Equity
-45%
3Y+7.0%
5Y-13.0%
10Y-13.0%
12.35%
Return on Assets
-41%
3Y+32.0%
5Y-4.0%
10Y-4.0%
12.50%
Return on Invested Capital
-47%
3Y-9.0%
5Y-22.0%
10Y-22.0%
MPTI

M-tron Industries, Inc. Cash Conversion Engine

MPTI ยท AMEX
Net Income8.45M
Depreciation & Amortization1.09M
Stock-Based Compensation1.08M
Change in Working Capital-1.46M
Others27.00K
Capital Expenditures-2.55M
Free Cash Flow8.11M

Cash Flow Quality Analysis

FCF Conversion Rate

96.0%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

23.9%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+44.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.46M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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M-tron Industries, Inc. Funding & Solvency Profile

MPTI ยท AMEX
Cash & Cash Equivalents51.96M
Net Receivables8.08M
Inventory10.35M
Other Current Assets1.55M
Total Current Assets72 M
Property, Plant & Equipment6.86M
Goodwill & Intangible Assets40.00K
Long-Term Investments0.00
Other Non-Current Assets114.00K
Total Non-Current Assets7 M
Total Assets
79.30M

Financial Health Analysis

Current Ratio

11.76x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.08x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

66 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

91% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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M-tron Industries, Inc. Street Expectations Map

MPTI ยท AMEX

No Target Data

No analyst price targets available for mpti.

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M-tron Industries, Inc. Insider Positioning

MPTI ยท AMEX

During the last 12 months, insiders have purchased $2.92M and sold $1.03M worth of MPTI shares, resulting in $1.89M of net buying activity.

3 Months

Bought

48.8K

2.88M

Sold

13.3K

793.83K

Net Activity

+2.1M

+$2.09M

3-6 Months

Bought

0

0.00

Sold

6

284.00

Net Activity

-284

-$284

6-9 Months

Bought

0

0.00

Sold

4.9K

234.75K

Net Activity

-235K

-$235K

9-12 Months

Bought

1.0K

40.50K

Sold

0

0.00

Net Activity

+41K

+$41K

Top Buyers

1
BLM

Biles Linda M

Officer: Executive Vp - Finance

27.3K sharesโ€ข2 transactions

$1.61M

2
PC

Pforr Cameron

Officer: Ceo And Cfo

21.5K sharesโ€ข1 transactions

$1.27M

3
DWA

Drafts William Arnold

Officer: President

1.0K sharesโ€ข1 transactions

$41K

Top Sellers

1
DWA

Drafts William Arnold

Officer: President

12.1K sharesโ€ข6 transactions

$718K

2
MJS

Mega John S

Director

4.9K sharesโ€ข1 transactions

$235K

3
PC

Pforr Cameron

Officer: Ceo And Cfo

840 sharesโ€ข1 transactions

$56K

4
BLM

Biles Linda M

Officer: Executive Vp - Finance

306 sharesโ€ข1 transactions

$20K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Positive insider sentiment with $1.89M net buying. Buying activity substantially exceeds selling, indicating insider confidence.

Buy/Sell Ratio

2.84:1

Strong buy/sell ratio. Buying is at least double the selling activity, suggesting robust insider confidence.

Recent Trend (3 Months)

$2.09M

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

Moderate Selling

4 insider sellers vs. 3 buyers. More insiders selling than buying suggests cautious or negative sentiment.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.

No Dividend Yield Data

MPTI has not reported any dividend yield values in the available annual periods.

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mpti Dividend History

MPTI
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%