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Minerals Technologies Inc (MTX) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Minerals Technologies Inc (MTX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Minerals Technologies Inc mines, produces, and sells mineral-based products. The company operates in four segments namely Specialty Minerals, Refractories, Performance Materials, and Energy Services segment. Minerals Technologies Inc has a market cap of $2.05 billion; its shares were traded at around $58.03 with a P/E ratio of 12.12 and P/S ratio of 1.16. The dividend yield of Minerals Technologies Inc stocks is 0.35%. Minerals Technologies Inc had annual average EBITDA growth of 15.60% over the past ten years.


For the last quarter Minerals Technologies Inc reported a revenue of $447.5 million, compared with the revenue of $432.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.8 billion, an increase of 7.9% from last year. For the last five years Minerals Technologies Inc had an average revenue growth rate of 8% a year.

The reported diluted earnings per share was $4.75 for the year, a decline of 13.3% from the previous year. Over the last five years Minerals Technologies Inc had an EPS growth rate of 18.7% a year. The Minerals Technologies Inc had a decent operating margin of 14.39%, compared with the operating margin of 15.58% a year before. The 10-year historical median operating margin of Minerals Technologies Inc is 11.93%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Minerals Technologies Inc has the cash and cash equivalents of $208.8 million, compared with $212.2 million in the previous year. The long term debt was $907.8 million, compared with $959.8 million in the previous year. The interest coverage to the debt is 5.4. Minerals Technologies Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $58.03, Minerals Technologies Inc is traded at close to its historical median P/S valuation band of $60.88. The P/S ratio of the stock is 1.16, while the historical median P/S ratio is 1.21. The stock lost 17.6% during the past 12 months.

For the complete 20-year historical financial data of MTX, click here.

This article first appeared on GuruFocus.