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Metallus (MTUS)
NYSE:MTUS
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Metallus
(NYSE:MTUS)
56Neutral
Metallus (MTUS) vs. S&P 500 (SPY)
Market Cap
$552.46M
Dividend YieldN/A
Average Volume (3M)349.33K
Price to Earnings (P/E)30.6
Beta (1Y)1.13
Revenue Growth-20.43%
EPS Growth-99.12%
CountryUS
Employees1,880
SectorBasic Materials
Sector Strength59
IndustrySteel
Share Statistics
EPS (TTM)-0.02
Shares Outstanding42,107,990
10 Day Avg. Volume281,417
30 Day Avg. Volume349,334
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.68
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.83
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
Metallus Business Overview & Revenue Model
Company DescriptionMetallus (MTUS) is a prominent company operating in the industrial sector, primarily focusing on the production and supply of high-quality metal products. The company specializes in manufacturing a wide range of metal components and materials that serve various industries, including automotive, aerospace, construction, and electronics. Metallus is recognized for its commitment to innovation, precision engineering, and sustainable manufacturing practices, offering customized solutions to meet the diverse needs of its clients.
How the Company Makes MoneyMetallus generates revenue through the sale of its metal products and components to businesses across multiple industries. The company's key revenue streams include direct sales of custom metal parts, bulk supply contracts with large-scale manufacturers, and partnerships with distributors and resellers. Additionally, Metallus may engage in strategic collaborations with industry leaders to co-develop specialized products, enhancing its market reach and revenue potential. The company's focus on high-quality production, coupled with efficient supply chain management, contributes significantly to its earnings. Metallus also invests in research and development to innovate new products and improve existing ones, which can lead to increased demand and profitability.
Metallus Financial Statement Overview
Summary
Metallus has a mixed financial performance with a stable balance sheet but challenges in income statement and cash flow metrics. The company needs to improve profitability and cash conversion. The low leverage is positive, but enhancing operational efficiency and revenue growth remains crucial.Income Statement
Metallus has experienced fluctuating revenue and profit margins. The gross profit margin improved significantly from 2020 to 2021 but declined afterwards, indicating potential cost management issues. The net profit margin has been volatile, with a notable decrease in 2022 and 2023. Revenue growth was inconsistent, with declines in 2023 and 2024. The EBIT and EBITDA margins reflect operational challenges, particularly in recent years.65
Positive
Balance Sheet
The balance sheet shows a solid equity position with an improving equity ratio over the years, indicating increased stability. The debt-to-equity ratio is low, suggesting conservative leverage. However, there is a slight decline in stockholders' equity in 2024, which may require attention. Overall, the company maintains a strong financial position with manageable debt levels.72
Positive
Cash Flow
Cash flow analysis reveals a decreasing trend in operating cash flow over recent years, impacting free cash flow, which turned negative in 2024. The free cash flow to net income ratio indicates challenges in converting profits into cash. The company has maintained positive operating cash flow, yet fluctuations suggest some cash management difficulties.60
Neutral
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.08B | 1.36B | 1.30B | 1.25B | 830.70M | Gross Profit |
| 97.70M | 186.50M | 101.20M | 189.10M | 15.60M | EBIT |
| 10.00M | 101.90M | 112.10M | 202.70M | -46.10M | EBITDA |
| 61.20M | 153.30M | 156.00M | 244.20M | 18.10M | Net Income Common Stockholders |
| 1.30M | 69.40M | 65.10M | 171.00M | -61.90M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 240.70M | 280.60M | 257.20M | 259.60M | 102.80M | Total Assets |
| 1.12B | 1.18B | 1.08B | 1.16B | 994.00M | Total Debt |
| 17.10M | 24.60M | 32.90M | 59.40M | 99.20M | Net Debt |
| -223.60M | -256.00M | -224.30M | -200.20M | -3.60M | Total Liabilities |
| 426.20M | 443.70M | 395.50M | 494.30M | 486.50M | Stockholders Equity |
| 690.50M | 731.60M | 686.50M | 664.60M | 507.50M |
| Cash Flow | Free Cash Flow | |||
| -24.00M | 73.70M | 107.40M | 184.70M | 156.60M | Operating Cash Flow |
| 40.30M | 125.30M | 134.50M | 196.90M | 173.50M | Investing Cash Flow |
| -10.80M | -49.90M | -21.70M | -4.80M | -6.00M | Financing Cash Flow |
| -68.90M | -51.90M | -114.60M | -35.30M | -91.80M |
Metallus Technical Analysis
Negative
13.12
Price Trends
13.54
Negative
14.27
Negative
15.34
Negative
Market Momentum
-0.18
Negative
42.82
Neutral
18.04
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTUS, the sentiment is Negative. The current price of 13.12 is above the 20-day moving average (MA) of 12.59, below the 50-day MA of 13.54, and below the 200-day MA of 15.34, indicating a bearish trend. The MACD of -0.18 indicates Negative momentum. The RSI at 42.82 is Neutral, neither overbought nor oversold. The STOCH value of 18.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MTUS.
Metallus Risk Analysis
Metallus disclosed 30 risk factors in its most recent earnings report. Metallus 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
Metallus Peers Comparison
Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $122.33M | 21.69 | 4.51% | 0.93% | -12.19% | -67.95% | |
62 Neutral | $389.80M | 17.74 | 4.07% | 1.91% | -10.03% | -48.82% | |
61 Neutral | $1.35B | 12.13 | 11.10% | 2.49% | -6.82% | -36.02% | |
58 Neutral | $829.98M | ― | -41.03% | 2.55% | -2.75% | -339.59% | |
56 Neutral | $552.46M | 30.62 | 0.18% | ― | -20.43% | -99.12% | |
50 Neutral | $132.03M | ― | -11.17% | ― | -14.57% | 48.61% | |
49 Neutral | $1.95B | -1.37 | -21.43% | 3.74% | 0.84% | -29.84% |
* Basic Materials Sector Average
Performance Comparison
MTUS
Metallus
13.12
-7.70
-36.98%
FRD
Friedman Industries
17.55
-1.30
-6.90%
ZEUS
Olympic Steel
34.92
-17.82
-33.79%
RDUS
Schnitzer Steel Industries
29.43
11.43
63.50%
ACNT
Ascent Industries
13.10
3.05
30.35%
WS
Worthington Steel, Inc.
26.56
-6.01
-18.45%
Metallus Earnings Call Summary
Earnings Call Date:Feb 27, 2025
(Q4-2024)
| % Change Since: -16.43%|
Next Earnings Date:May 08, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted positive developments such as increased net sales, growth in aerospace and defense, and improvements in safety. However, these are counterbalanced by a GAAP net loss, declines in industrial customer shipments, and increased manufacturing costs, leading to a mixed outlook.Q4-2024 Updates
Positive Updates
Net Sales Increase
Fourth quarter net sales increased by 6% sequentially, driven by a 9% increase in consolidated shipments, particularly in aerospace, defense, energy, and automotive sectors.
Aerospace and Defense Growth
Aerospace and defense sales increased by 17% to nearly $135 million in 2024, representing 12% of total sales, up from 8% in 2023.
Safety Improvements
Investment of $8 million in 2024 led to a 7% decline in OSHA total recordable injury rate and a 15% improvement in corrective action completion rate.
Trade Environment Impact
Anticipated tariff implementation on March 12, 2025, is expected to boost domestic demand and has already led to increased customer engagement.
New Energy Programs
Newly launched programs for energy customers targeting $20 million in annual sales by 2026, demonstrating commitment to innovation and customer collaboration.
Negative Updates
GAAP Net Loss
Reported a GAAP net loss of $21.4 million in the fourth quarter, including a $9.4 million loss on repurchases of convertible notes and an $8.5 million non-cash pension remeasurement loss.
Industrial Customer Decline
Shipments to industrial customers declined 6% sequentially, primarily due to weakness in distribution and heavy equipment.
Higher Manufacturing Costs
Sequential increase in manufacturing costs by $10.3 million due to lower cost absorption and recognition of previously capitalized costs.
Pension Contributions
Estimated required pension contributions of approximately $65 million in 2025, with a higher proportion in the first quarter.
Company Guidance
During the Metallus Inc. Fourth Quarter 2024 and full year earnings call, several key metrics and guidance details were discussed. The company reported a sequential increase of 6% in net sales to $240.5 million, driven by a 9% rise in consolidated shipments, notably in aerospace and defense, which saw a 17% growth in sales to nearly $135 million for the year. The OSHA total recordable injury rate declined by 7%, with corrective action completion rates improving by 15%. The company invested approximately $8 million in safety in 2024, with plans for $5 million in 2025. Looking ahead, Metallus is targeting $20 million in annual sales from new energy programs by 2026 and aims to exceed $250 million in aerospace and defense sales by 2026. For 2025, the company forecasts a 40% shipment target for the automotive sector and expects a sequential increase in first-quarter adjusted EBITDA, supported by a 70% melt utilization rate. Capital expenditures are projected at $125 million, including $90 million funded by the US government. The company also plans continued share repurchases, having reduced outstanding shares by nearly 5% in 2024.Metallus Corporate Events
Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Metallus Reports 2024 Financial Results and Future Plans
Neutral
Feb 27, 2025
On February 27, 2025, Metallus announced its financial results for the fourth quarter and full year of 2024. The company reported fourth-quarter net sales of $240.5 million, a net loss of $21.4 million, and an adjusted EBITDA of $8.3 million. For the full year, net sales were $1.1 billion with a net income of $1.3 million and an adjusted EBITDA of $77.7 million. Despite weak demand and lower shipments in 2024, Metallus invested in assets to improve safety and efficiency, while maintaining training for employees. The company also focused on maintaining partnerships with customers and suppliers. Looking forward, Metallus expects improved profitability in 2025 due to stronger customer order patterns and previous investments. The company plans significant capital expenditures in 2025, supported by government funding, and continues its share repurchase program.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.