M-tron Industries Inc (MPTI) AI Stock Analysis

• Market Cap: $131.93M
• Dividend Yield: N/A
• Average Volume (3M): 43.41K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 1.59
• Revenue Growth: 16.52%
• EPS Growth: 50.29%
• Country: US
• Employees: 226
• Sector: Technology
• Sector Strength: 84
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.53
• Shares Outstanding: 2,923,905
• 10 Day Avg. Volume: 29,447
• 30 Day Avg. Volume: 43,406
• 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: 0.82
• Enterprise Value/Revenue: 2.07
• Enterprise Value/Gross Profit: 4.58
• Enterprise Value/Ebitda: 10.22
• 1Y Price Target: $50.00
• Price Target Upside: 10.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: $50.00 ▲(10.82% Upside)

M-tron Industries Inc's overall stock score reflects its strong financial performance and solid technical indicators, despite some challenges highlighted in the earnings call. The company's robust balance sheet and strategic investments position it well for future growth, although valuation concerns and immediate financial pressures temper the outlook.

M-tron Industries Inc Business Overview & Revenue Model

Company Description

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.

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: Positive
• Last Price: 45.12
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MPTI, the sentiment is Positive. The current price of 45.12 is above the 20-day moving average (MA) of 44.01, above the 50-day MA of 42.65, and below the 200-day MA of 48.58, indicating a neutral trend. The MACD of 0.48 indicates Negative momentum. The RSI at 54.92 is Neutral, neither overbought nor oversold. The STOCH value of 60.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$131.93M	17.14	25.98%	―	16.52%	50.29%
Sector *	61 Neutral	$35.51B	8.11	-11.05%	1.89%	8.55%	-8.72%
RELL	59 Neutral	$140.16M	303.10	-0.73%	2.45%	6.34%	-31.68%
MEI	52 Neutral	$247.15M	―	-8.58%	6.98%	-5.96%	49.33%
LPTH	47 Neutral	$245.38M	―	-24.86%	―	2.59%	-48.02%
NEON	47 Neutral	$345.06M	―	-48.54%	―	-41.25%	47.09%
GNSS	46 Neutral	$90.31M	―	-177.60%	―	8.95%	14.34%

M-tron Industries Inc Corporate Events

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.

M-tron Industries Approves Key Proposals at Annual Meeting

On June 10, 2025, M-tron Industries, Inc. conducted its 2025 Annual Meeting of Stockholders where three key proposals were voted on and approved. These included the election of seven directors, approval of executive compensation, and the ratification of PKF O’Connor Davies, LLP as the independent auditor for the fiscal year ending December 31, 2025.

M-tron Industries Releases Investor Presentation Slides

On June 10, 2025, M-tron Industries, Inc. released a slide presentation in conjunction with its Investor Presentation, which is available on their investor relations website. This announcement highlights the company’s ongoing efforts to maintain transparency with stakeholders and provide insights into its strategic initiatives.