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Held by 193 of 5,944 reporting institutions (91th percentile) — extremely crowded.
Data as of Q1 2026
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How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -22%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $84M covers the $3M due within a year 29.0× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~7.0% on $1.0B of debt.
Cash of $84M fully covers short-term debt of $3M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B 100.0% | $1.98B 100.0% | $2.03B 100.0% | $1.64B 100.0% | $930.7M 100.0% | $1.07B 100.0% | $1.02B 100.0% | $1.04B 100.0% | $982.1M 100.0% | $839.9M 100.0% |
| Cost of Revenue | $1.62B 81.7% | $1.62B 81.6% | $1.67B 82.4% | $1.33B 81.3% | $747.5M 80.3% | $766.1M 71.3% | $732.8M 71.6% | $762.8M 73.3% | $698.7M 71.1% | $582.0M 69.3% |
| Cost of Products | — | — | — | — | — | — | — | — | $699.8M 71.3% | $583.2M 69.4% |
| Gross Profit | $362.9M 18.3% | $364.1M 18.4% | $355.8M 17.6% | $306.0M 18.7% | $183.2M 19.7% | $308.3M 28.7% | $290.0M 28.4% | $278.5M 26.7% | $283.4M 28.9% | $257.9M 30.7% |
| Research & Development | $23.6M 1.2% | $23.0M 1.2% | $21.2M 1.0% | $18.8M 1.1% | $11.8M 1.3% | $13.8M 1.3% | $13.5M 1.3% | $15.2M 1.5% | $17.8M 1.8% | $17.5M 2.1% |
| Selling, General & Admin | $228.7M 11.5% | $233.8M 11.8% | $263.9M 13.0% | $254.9M 15.6% | $153.2M 16.5% | $116.9M 10.9% | $105.1M 10.3% | $90.9M 8.7% | $95.9M 9.8% | $79.5M 9.5% |
| Total Operating Expenses | — | — | — | — | — | — | — | $141.8M 13.6% | $147.0M 15.0% | $122.3M 14.6% |
| Operating Income | -$384.4M -19.3% | $6.3M 0.3% | -$413.9M -20.4% | -$40.2M -2.5% | -$16.2M -1.7% | $128.8M 12.0% | $134.0M 13.1% | $135.0M 13.0% | $128.3M 13.1% | $110.0M 13.1% |
| Interest Expense | $71.1M 3.6% | $74.7M 3.8% | $62.2M 3.1% | $57.3M 3.5% | $40.4M 4.3% | $30.5M 2.8% | $36.1M 3.5% | $28.2M 2.7% | $26.9M 2.7% | $16.6M 2.0% |
| Other Income (Expense), net | -$7.5M -0.4% | -$3.2M -0.2% | -$4.8M -0.2% | $1.0M 0.1% | $30.1M 3.2% | -$1.0M -0.1% | -$1.0M -0.1% | $10.0M 1.0% | $100K 0.0% | $0 0.0% |
| Pretax Income | -$463.0M -23.3% | -$78.9M -4.0% | -$480.9M -23.7% | -$96.5M -5.9% | -$26.5M -2.8% | $97.3M 9.1% | $96.9M 9.5% | $116.8M 11.2% | $101.5M 10.3% | $93.4M 11.1% |
| Income Tax Expense | -$125.6M -6.3% | -$30.2M -1.5% | $26.8M 1.3% | -$27.6M -1.7% | -$28.2M -3.0% | $18.4M 1.7% | $15.2M 1.5% | $10.7M 1.0% | $69.6M 7.1% | $15.4M 1.8% |
| Net Income | -$337.4M -17.0% | -$48.7M -2.5% | -$309.5M -15.3% | -$6.6M -0.4% | $88.9M 9.6% | $83.8M 7.8% | $85.8M 8.4% | $94.5M 9.1% | $34.5M 3.5% | $82.8M 9.9% |
| Per Share | ||||||||||
| EPS (Basic) | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.83 | $2.68 | $2.78 | $3.07 | $1.12 | $2.71 |
| EPS (Diluted) | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.80 | $2.66 | $2.76 | $3.06 | $1.12 | $2.70 |
| Weighted Avg Shares (Basic) | 54.6M | 54.3M | 54.5M | 42.4M | 31.0M | 30.8M | 30.7M | 30.6M | 30.4M | 30.3M |
| Weighted Avg Shares (Diluted) | 54.6M | 54.3M | 54.5M | 42.4M | 31.4M | 31.1M | 30.8M | 30.7M | 30.5M | 30.5M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $12.14 today, the market must believe free cash flow compounds 12.0%/yr for a decade (off $58M normalized FCF).
The market's 12.0% is more optimistic than its 9-yr track record.
2-stage DCF · 0.05B shares · net debt $934M
mean 36.0% · volatility σ 118% · implied rate exceeded in 4/9 yrs
Central path = implied 12.0%/yr growth; shaded band = ±1σ (118%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 24% of free cash flow, leaving room to grow it and fund buybacks. Last year: $22M dividends + $0 buybacks = $22M returned on $94M FCF.
1 consecutive years of dividend increases · -14%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
No standout strengths flagged.
Where each multiple sits in its own 14-yr range · 32th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 73.3 | 71.6 | 71.3 | 80.3 | 81.3 | 82.4 | 81.6 | 81.7 |
| Gross Profit | 26.7 | 28.4 | 28.7 | 19.7 | 18.7 | 17.6 | 18.4 | 18.3 |
| R&D | 1.5 | 1.3 | 1.3 | 1.3 | 1.1 | 1.0 | 1.2 | 1.2 |
| SG&A | 8.7 | 10.3 | 10.9 | 16.5 | 15.6 | 13.0 | 11.8 | 11.5 |
| Operating Income | 13.0 | 13.1 | 12.0 | -1.7 | -2.5 | -20.4 | 0.3 | -19.3 |
| Income Tax | 1.0 | 1.5 | 1.7 | -3.0 | -1.7 | 1.3 | -1.5 | -6.3 |
| Net Income | 9.1 | 8.4 | 7.8 | 9.6 | -0.4 | -15.3 | -2.5 | -17.0 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on MATV: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | $439.4B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $215.3B | 31.4× | 19.3× | 6.3× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $162.1B | 37.4× | 20.9× | 12.1× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.8B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $116.5B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $101.8B | — | 12.3× | 3.9× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $100.7B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.5B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $76.6B | 37.3× | 22.5× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $73.2B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $69.1B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.7B | — | 90.0× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| VALE | $61.6B | — | — | — | — | — | — | — | — | — | 537 |
| NUE | $61.2B | 35.3× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $57.2B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.6B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $51.7B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $51.4B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.7B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $35.6B | 30.7× | 19.2× | 2.0× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $34.2B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.3× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $29.8B | 26.3× | 16.9× | 4.8× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.6B | 15.2× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| MATV | $664M | — | — | 0.3× | 0.3% | 18.3% | -17.0% | -67.7% | -22.2% | -4.2× | 193 |
Peers = companies sharing MATV's sector (Basic Materials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.