M-tron Industries (MPTI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

M-tron Industries

NYSE American•Technology•Electronic Components

$74.57+2.06(0.03%)Market closed

Market Cap

$308.69M

P/E

32.4x

P/S

5.3x

P/B

2.6x

M-tron Industries, Inc. designs, manufactures, and markets frequency and spectrum control products to control the frequency and timing of signals in electronic circuits in the United States and internationally. The company provides radio frequency, microwave, and millimeter wave filters; cavity, crystal, ceramic, lumped element, and switched filters; high performance and high frequency oven-controlled crystal oscillators (OCXO), integrated phase-locked loops OCXOs, temperature-compensated crystal oscillators, voltage-controlled crystal oscillators, and low jitter and harsh environment oscillators; crystal resonators, integrated microwave assemblies, and solid-state power amplifier products. It serves commercial and military aerospace, defense, space, avionics, and industrial markets. The company was founded in 1965 and is headquartered in Orlando, Florida.

How this company scores

GoodMetricSide Score: 76/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability18/25

Growth20/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsRising earningsInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 32.4x5y range 8.1x – 32.4x

Currently above its 13-quarter median.

P/S · 5.3x5y range 0.6x – 5.3x

Currently above its 13-quarter median.

P/B · 2.6x5y range 1.6x – 4.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Share Dilution

Red Flag

Shares outstanding increased 47.4% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $308.69M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $58.20M
Q. Revenue: $15.11M
TTM EBITDA: $12.49M
TTM Op. Income: $10.76M
Q. Op. Income: $1.72M
TTM Net Income: $9.52M
Q. Net Income: $1.87M
EPS: $0.46
Shares Out.: $4.06M

$58.20M in TTM revenue grew 11.8% YoY, reaching $15.11M last quarter. TTM EBITDA of $12.49M and TTM operating income of $10.76M show growth is flowing through to the bottom line. TTM net income of $9.52M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 41.2%
EBITDA Margin: 13.4%
Op. Margin: 11.4%
Net Margin: 12.4%

Op. margin of 11.4% is down 2.5% YoY — costs are rising relative to revenue. Net margin at 12.4% and gross margin of 41.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 32.4x
P/S Ratio: 5.3x
P/B Ratio: 2.6x

At 32.4x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 5.3x and P/B of 2.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $125.94M
Cash: $96.25M
Long-Term Debt: N/A
Book Value: $118.72M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $3.70M
TTM Free Cash Flow: $9.48M
FCF Margin: 16.3%
FCF / Net Income: 1.0

TTM FCF of $9.48M on $3.70M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.