M-tron Industries Inc (MPTI) AI Stock Analysis

• Market Cap: $159.62M
• Dividend Yield: N/A
• Average Volume (3M): 25.80K
• Price to Earnings (P/E): 20.1
• Beta (1Y): 1.56
• Revenue Growth: 12.64%
• EPS Growth: 22.57%
• Country: US
• Employees: 226
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.53
• Shares Outstanding: 2,923,905
• 10 Day Avg. Volume: 34,656
• 30 Day Avg. Volume: 25,796
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.68
• Enterprise Value/Revenue: 2.07
• Enterprise Value/Gross Profit: 4.58
• Enterprise Value/Ebitda: 10.22
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.31
• Revenue Forecast (FY): $53.50M

• Rating: 78 Outperform
• Price Target: $50.00 ▼(-7.80% Downside)

M-tron Industries Inc demonstrates strong financial performance with robust revenue growth and a solid balance sheet. The technical indicators show bullish momentum, although caution is warranted due to overbought signals. Valuation is reasonable, but the lack of a dividend yield may deter income-focused investors. The earnings call revealed mixed results, with strong revenue growth offset by margin pressures and increased expenses.

M-tron Industries Inc Business Overview & Revenue Model

Company Description

M-tron Industries Inc (MPTI) is a leading provider of advanced electronic components and solutions, specializing in the design and manufacturing of high-performance frequency control products, such as crystal oscillators, filters, and resonators. The company serves various sectors, including telecommunications, aerospace, defense, and industrial applications, delivering products that meet stringent quality and reliability standards.

How the Company Makes Money

M-tron Industries generates revenue primarily through the sale of its electronic components and frequency control products to a diverse range of industries. The company's revenue model is based on direct sales to original equipment manufacturers (OEMs) and distributors, with a focus on long-term contracts and repeat business. Key revenue streams include customized products tailored to specific customer requirements, which often command higher margins. Additionally, MPTI has established significant partnerships with industry leaders in telecommunications and defense, enhancing its market position and providing access to larger contracts. The company may also benefit from government contracts in defense and aerospace sectors, contributing to a stable revenue base.

M-tron Industries Inc Financial Statement Overview

Summary

M-tron Industries Inc exhibits a robust financial position with strong revenue growth, high profitability, and excellent cash flow management. The balance sheet is particularly strong with no debt, providing financial stability and flexibility for future growth. The company is well-positioned to sustain its growth trajectory given its efficient operations and solid financial foundation.

Income Statement

M-tron Industries Inc has demonstrated strong growth, with a remarkable revenue growth rate of 19.05% in 2024 compared to 2023. The gross profit margin is exceptional at 100%, indicating efficient production and pricing strategies. The net profit margin improved to 15.57% in 2024, showcasing enhanced profitability. Both EBIT and EBITDA margins increased, reflecting robust operational efficiency. Overall, the income statement shows a solid upward trajectory in terms of revenue and profitability.

Balance Sheet

The company maintains a solid balance sheet with zero debt, leading to a debt-to-equity ratio of 0. The equity ratio is strong at 85.70%, indicating a low reliance on external funding and high asset coverage by equity. Return on equity improved to 24.42% in 2024, reflecting effective utilization of shareholder funds to generate earnings. The balance sheet is stable and reflects strong financial health.

Cash Flow

M-tron's free cash flow grew by 80.04%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.99, suggesting effective conversion of earnings into cash. The free cash flow to net income ratio is 0.74, which shows a healthy conversion of net income into free cash flow. Overall, the cash flow statement indicates strong cash management and operational efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	52.03M	49.01M	41.17M	31.84M	26.69M	29.98M
Gross Profit	23.56M	22.64M	16.77M	11.35M	9.34M	10.30M
EBITDA	10.55M	10.37M	5.15M	3.60M	2.67M	3.47M
Net Income	7.60M	7.64M	3.49M	1.80M	1.58M	2.31M
Balance Sheet
Total Assets	39.69M	36.49M	24.30M	19.27M	20.01M	17.92M
Cash, Cash Equivalents and Short-Term Investments	15.53M	12.64M	3.91M	926.00K	2.63M	2.46M
Total Debt	190.00K	9.00K	26.00K	76.00K	145.00K	132.00K
Total Liabilities	4.88M	5.22M	4.41M	4.93M	3.16M	2.94M
Stockholders Equity	34.81M	31.27M	19.89M	14.34M	16.85M	14.97M
Cash Flow
Free Cash Flow	6.23M	5.62M	3.12M	1.11M	1.86M	3.50M
Operating Cash Flow	8.53M	7.52M	4.41M	2.04M	2.96M	3.91M
Investing Cash Flow	-2.30M	-1.90M	-1.28M	-936.00K	-1.10M	-407.00K
Financing Cash Flow	2.80M	3.10M	-137.00K	-2.81M	-1.68M	-3.91M

M-tron Industries Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 54.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MPTI, the sentiment is Neutral. The current price of 54.23 is below the 20-day moving average (MA) of 54.66, above the 50-day MA of 51.98, and above the 200-day MA of 47.48, indicating a neutral trend. The MACD of 0.48 indicates Positive momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 32.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MPTI.

M-tron Industries Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPTI	78 Outperform	$159.62M	20.13	―	―	12.64%	22.57%
RELL	66 Neutral	$151.88M	492.13	0.11%	2.33%	6.17%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MEI	54 Neutral	$232.79M	―	-7.62%	5.89%	-4.91%	61.77%
GNSS	47 Neutral	$105.21M	―	-177.60%	―	8.95%	14.34%
LPTH	46 Neutral	$336.37M	―	-37.15%	―	17.26%	-70.07%
NEON	41 Neutral	$47.33M	-7.46	-48.54%	―	-41.25%	47.09%

M-tron Industries Inc Corporate Events

M-tron Industries Warrants Now Exercisable

On October 23, 2025, M-tron Industries, Inc. announced that the warrants to purchase shares of its common stock, which were granted on April 25, 2025, are now exercisable. The trigger for this exercisability was achieved on October 20, 2025, when the average volume weighted average price of the stock exceeded $52.00 per share for thirty consecutive trading days. The company has extended the warrant exercise period to December 11, 2025, allowing warrant holders to exercise their rights and potentially subscribe for additional shares through an over-subscription privilege.

The most recent analyst rating on (MPTI) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on M-tron Industries Inc stock, see the MPTI Stock Forecast page.

M-tron Industries Presents at Global Investment Conference

On September 10, 2025, M-tron Industries, Inc. presented a slide presentation at the H.C. Wainwright & Co. 27th Annual Global Investment Conference. The slides are available on the company’s investor relations website, providing stakeholders with insights into M-tron’s strategic direction and market positioning.

The most recent analyst rating on (MPTI) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on M-tron Industries Inc stock, see the MPTI Stock Forecast page.

M-tron Industries’ Earnings Call: Growth Amid Challenges

The recent earnings call from M-tron Industries Inc. painted a picture of robust revenue growth and a significant increase in backlog, primarily driven by defense and avionics orders. However, the company faces challenges with declining gross margins and net income, attributed to tariffs and rising expenses. While strategic investments indicate a focus on future expansion, the immediate financial metrics present a mixed performance.

M-tron Industries Reports Strong Q2 2025 Results

M-tron Industries, Inc. is a U.S.-based company specializing in the design and manufacture of highly-engineered electronic components and solutions for the aerospace, defense, avionics, and space industries. Known for its engineering-centric approach, M-tron supports its customers throughout the product lifecycle, from design to upgrades.

M-tron Industries Reports Q2 2025 Revenue Growth

M-tron Industries, Inc. reported a 12.5% increase in revenues to $13.3 million for the second quarter of 2025, compared to the same period in 2024, primarily driven by strong defense program shipments. Despite the revenue growth, net income per diluted share decreased by 15.9% due to lower gross margins and increased expenses. The company’s backlog grew significantly by 35% to $61.2 million, indicating strong demand and positioning M-tron for sustained performance in the latter half of 2025.

The most recent analyst rating on (MPTI) stock is a Hold with a $63.00 price target. To see the full list of analyst forecasts on M-tron Industries Inc stock, see the MPTI Stock Forecast page.