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Core Molding Technologies Inc (CMT)
:CMT
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Core Molding Technologies
(CMT)
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Rating:65Neutral
Price Target:
$19.50
▼(-3.32% Downside)
Core Molding Technologies' overall stock score is driven by stable financial performance and reasonable valuation. However, technical indicators suggest a bearish trend, and the earnings call highlighted both opportunities and challenges. The company's strategic investments and operational efficiencies are promising, but current revenue and cash flow issues need to be addressed for a more positive outlook.
Positive Factors
Strong Financial Position
Core Molding Technologies' strong financial position with high liquidity and low leverage enhances its ability to invest in growth opportunities and weather economic fluctuations, supporting long-term stability.
Strategic Investments in Mexico
Investing in Mexico to expand capacity and capabilities positions Core Molding Technologies for future growth, enhancing its competitive edge in the composite materials market.
New Business Wins
Securing significant new business wins strengthens Core Molding Technologies' revenue base and market presence, supporting sustained growth and diversification.
Negative Factors
Revenue Decline
A significant decline in revenue poses a risk to profitability and growth, indicating challenges in maintaining market demand and customer retention.
Declining Revenue Growth
Ongoing revenue decline suggests potential challenges in market competitiveness and product demand, impacting long-term financial health and growth prospects.
Cash Flow Challenges
Declining free cash flow growth limits Core Molding Technologies' ability to reinvest in the business, potentially constraining future expansion and operational flexibility.
Core Molding Technologies (CMT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$173.54M
Dividend YieldN/A
Average Volume (3M)23.63K
Price to Earnings (P/E)21.7
Beta (1Y)0.38
Revenue Growth-16.59%
EPS Growth-47.02%
CountryUS
Employees1,570
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.24
Shares Outstanding8,561,353
10 Day Avg. Volume32,666
30 Day Avg. Volume23,632
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)0.98
Price to Sales (P/S)0.48
P/FCF Ratio6.10
Enterprise Value/Market Cap0.93
Enterprise Value/Revenue0.61
Enterprise Value/Gross Profit3.49
Enterprise Value/Ebitda6.31
Forecast
1Y Price Target
$22.00Price Target Upside9.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.37
Revenue Forecast (FY)$270.98M
Core Molding Technologies Business Overview & Revenue Model
Company DescriptionCore Molding Technologies, Inc., together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding. It serves various markets, including medium and heavy-duty truck, automobile, power sport, construction, agriculture, building products, and other commercial markets in the United States, Mexico, Canada, and internationally. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.
How the Company Makes MoneyCore Molding Technologies generates revenue through the production and sale of composite and thermoplastic components, primarily to the automotive and industrial sectors. The company’s revenue model is based on long-term contracts and partnerships with major manufacturers, allowing it to secure consistent orders and optimize production efficiency. Key revenue streams include direct sales of molded parts, tooling and engineering services, and the provision of specialized materials. Significant partnerships with leading automotive manufacturers and industrial firms enhance CMT's market presence and facilitate access to new projects, contributing to sustained earnings growth. Additionally, CMT may benefit from industry trends towards lightweight and fuel-efficient materials, positioning it to capitalize on increased demand for composite solutions.
Core Molding Technologies Earnings Call Summary
Earnings Call Date:Nov 04, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Mar 17, 2026
Earnings Call Sentiment Neutral
The earnings call reflected a mix of positive developments and challenges. While the company showed strong growth in the power sports segment and new business wins, it faced a significant revenue decline due to known transitions and market conditions. Strategic investments and operational efficiencies were highlighted as key drivers for future growth. Overall, the positives are balanced by the negatives, leading to a neutral sentiment.Q3-2025 Updates
Positive Updates
Power Sports Segment Returns to Growth
Power sports achieved its first year-over-year growth in eight quarters, signaling a return to growth after two years of declines, driven by new product introductions and wallet share growth.
New Business Wins and Growth Opportunities
Core Molding Technologies secured $46.7 million in new business wins this year, building on $45 million from last year, with a robust sales pipeline exceeding $250 million.
Strategic Investments in Mexico
The company is investing $25 million in Matamoros and Monterrey, Mexico, to expand capacity and capabilities, including low pressure injection molding and topcoat paint capabilities.
Operational Efficiency and Quality Metrics
The company reported a 99% on-time delivery rate and a PPM rate of 62, indicating high-quality performance, along with industry-low safety incident and employee turnover rates.
Strong Financial Position
The balance sheet remains strong with total liquidity of $92.4 million and a debt-to-EBITDA ratio of less than 1x.
Negative Updates
Revenue Decline
Revenue for the third quarter was $58.4 million, down 19.9% from the prior year, mainly due to the Volvo transition and declines in truck demand.
Delayed Tooling Revenue
Tooling revenue, expected in Q3, was delayed to Q4 due to customer-related testing and sign-off issues.
Increased Operating Costs
SG&A expenses increased to 13% of sales, up from 12% in the prior year, partly due to footprint optimization costs.
Company Guidance
During the Core Molding Technologies Third Quarter 2025 Financial Results Conference Call, the company provided detailed guidance and metrics for its future performance. They announced a shift in tooling revenue from Q3 to Q4 due to timing issues in tooling acceptance, anticipated to contribute significantly to Q4 sales. The company's President and CEO, David Duvall, highlighted a year-over-year growth in power sports sales for the first time in eight quarters, driven by new product introductions and market traction, with the UTV skid plate program expected to generate around $8 million annually. The company reported a Q3 revenue of $58.4 million, down 19.9% from the previous year, but maintained a gross margin within its targeted range at 17.4%. Adjusted EBITDA margin increased by 70 basis points to 11%. They emphasized ongoing investments, including a $25 million expansion in Mexico and a robust sales pipeline of over $250 million. The company aims for over $300 million in total revenue by 2027, with new program launches and tooling sales anticipated to drive growth. They also mentioned a strategic move to consolidate their RTM process, expecting to deliver over $1 million in annual cost savings.Core Molding Technologies Financial Statement Overview
Summary
Core Molding Technologies shows stable profit margins and a strong balance sheet with low leverage. However, declining revenue and free cash flow growth present challenges. The company needs to address revenue growth and improve cash flow generation to enhance its financial position and support future growth.Income Statement
Core Molding Technologies has experienced a decline in revenue over the TTM (Trailing-Twelve-Months) period, with a revenue growth rate of -5.27%. Despite this, the company maintains a stable gross profit margin of 17.50% and a net profit margin of 3.39%. The EBIT and EBITDA margins are moderate at 5.71% and 10.44%, respectively, indicating reasonable operational efficiency. However, the declining revenue trend poses a risk to future profitability.65
Positive
Balance Sheet
The company's balance sheet shows a healthy debt-to-equity ratio of 0.13, reflecting low leverage and financial stability. The return on equity (ROE) is modest at 6.25%, suggesting moderate profitability from shareholders' investments. The equity ratio stands at 70.75%, indicating a strong equity base relative to total assets, which enhances financial resilience.72
Positive
Cash Flow
Cash flow analysis reveals a significant decline in free cash flow growth at -57.7% over the TTM period, which is concerning. The operating cash flow to net income ratio is 0.60, indicating that operating cash flow adequately covers net income. However, the free cash flow to net income ratio of 0.53 suggests limited cash generation relative to net income, highlighting potential liquidity challenges.58
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 261.62M | 302.38M | 357.74M | 377.38M | 307.48M | 222.36M |
| Gross Profit | 46.04M | 53.26M | 64.52M | 52.40M | 41.34M | 34.47M |
| EBITDA | 25.43M | 30.97M | 39.67M | 28.63M | 22.85M | 22.13M |
| Net Income | 8.07M | 13.30M | 20.32M | 12.20M | 4.67M | 8.16M |
Balance Sheet | ||||||
| Total Assets | 219.69M | 209.55M | 213.38M | 198.62M | 186.69M | 165.51M |
| Cash, Cash Equivalents and Short-Term Investments | 42.40M | 41.80M | 24.10M | 4.18M | 6.15M | 4.13M |
| Total Debt | 24.42M | 23.70M | 22.99M | 26.06M | 29.62M | 30.85M |
| Total Liabilities | 64.26M | 62.19M | 74.42M | 82.49M | 86.60M | 71.58M |
| Stockholders Equity | 155.43M | 147.36M | 138.95M | 116.13M | 100.09M | 93.93M |
Cash Flow | ||||||
| Free Cash Flow | 5.37M | 23.63M | 25.74M | 2.39M | 977.00K | 24.48M |
| Operating Cash Flow | 19.16M | 35.15M | 34.84M | 18.98M | 12.55M | 28.16M |
| Investing Cash Flow | -13.79M | -11.53M | -9.10M | -16.59M | -11.41M | -3.68M |
| Financing Cash Flow | -5.32M | -5.93M | -5.82M | -4.36M | 884.00K | -22.21M |
Core Molding Technologies Technical Analysis
Positive
20.17
Price Trends
19.05
Positive
19.17
Positive
17.51
Positive
Market Momentum
0.51
Negative
54.93
Neutral
59.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMT, the sentiment is Positive. The current price of 20.17 is above the 20-day moving average (MA) of 19.71, above the 50-day MA of 19.05, and above the 200-day MA of 17.51, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 54.93 is Neutral, neither overbought nor oversold. The STOCH value of 59.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CMT.
Core Molding Technologies Risk Analysis
Core Molding Technologies disclosed 30 risk factors in its most recent earnings report. Core Molding Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Core Molding Technologies Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $173.54M | 21.71 | 5.32% | ― | -16.59% | -47.02% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $90.37M | 49.17 | 5.08% | ― | 0.18% | -54.25% | |
59 Neutral | $232.80M | -4.26 | -20.64% | ― | -8.00% | -35.86% | |
50 Neutral | $73.00M | 4,177.78 | 0.02% | 1.33% | -0.97% | -99.67% | |
47 Neutral | $46.60M | -4.01 | ― | ― | 11013.00% | 39.85% | |
41 Neutral | $17.37M | -0.04 | ― | 8.42% | -11.20% | 17.76% |
* Basic Materials Sector Average
CMT
Core Molding Technologies
20.17
3.59
21.65%
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7.15
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105.46%
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7.52
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-46.02%
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2.97
1.31
78.92%
TSE
Trinseo
0.48
-4.58
-90.51%
LOOP
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0.98
-0.20
-16.95%
Core Molding Technologies Corporate Events
Business Operations and Strategy
Core Molding Technologies Unveils New Investor Presentation
Neutral
Nov 17, 2025
On November 19, 2025, Core Molding Technologies announced that its executive team, including CEO David Duvall and CFO Alex Panda, will use a new presentation in discussions with investors and analysts. This initiative is part of the company’s ongoing efforts to improve operational efficiency and profitability amid economic slowdowns. The company is focusing on organic growth, capital investments, and maintaining strong relationships with key customers to drive future success.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.