M-tron Industries, Inc. (MPTI) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+61.5%

$105.76

vs $65.47 price

Levered DCF

$116.25

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

26.01

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	18.1×	17.42×	27.67×	13.06×	22.2×	30.47×
P/B	2.42×	4.26×	4.84×	1.63×	2.07×	4.72×
P/S	2.81×	2.72×	2.34×	0.74×	1.31×	2.36×
EV / EBITDA	10.98×	11.21×	17.61×	6.8×	12.17×	19.69×
Gross margin	44.4%	46.2%	40.7%	35.6%	35.0%	34.3%
Operating margin	18.9%	19.2%	10.4%	9.0%	7.9%	10.1%
Net margin	15.5%	15.6%	8.5%	5.6%	5.9%	7.7%
Current ratio	12.52×	5.7×	4.15×	2.95×	4.01×	4.18×
Debt / equity	0×	0×	0×	0.01×	0.01×	0.01×
Interest coverage	0×	0×	0×	261.36×	176.17×	35.23×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	13.4%	24.4%	17.5%	12.5%	9.4%	15.4%
Return on invested capital	12.5%	23.5%	17.1%	13.7%	9.3%	16.0%
Return on assets	12.4%	20.9%	14.4%	9.3%	7.9%	12.9%
Free cash flow yield	5.3%	4.2%	3.2%	4.7%	5.3%	5.0%
Earnings yield	5.5%	5.7%	3.6%	7.7%	4.5%	3.3%
Enterprise value	$132.2M	$120.5M	$92.4M	$22.6M	$32.4M	$68.3M
Net debt / EBITDA	-1.72×	-1.18×	-0.73×	-0.23×	-0.93×	-0.67×
Cash conversion cycle (days)	289	163	156	151	135	120