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Held by 265 of 5,944 reporting institutions (94th percentile) — extremely crowded.
Data as of Q1 2026
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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.
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
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $68.62 today, the market must believe free cash flow compounds 9.1%/yr for a decade (off $125M normalized FCF).
The market's 9.1% is more optimistic than its 9-yr track record.
2-stage DCF · 0.03B shares · net debt $626M
mean 41.9% · volatility σ 175% · implied rate exceeded in 2/9 yrs
Central path = implied 9.1%/yr growth; shaded band = ±1σ (175%) 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.
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 | $2.07B 100.0% | $2.12B 100.0% | $2.17B 100.0% | $2.13B 100.0% | $1.86B 100.0% | $1.59B 100.0% | $1.79B 100.0% | $1.81B 100.0% | $1.68B 100.0% | $1.64B 100.0% |
| Cost of Revenue | $1.55B 75.0% | $1.57B 74.1% | $1.66B 76.6% | $1.66B 78.1% | $1.41B 76.0% | $1.19B 74.6% | $1.35B 75.4% | $1.35B 74.5% | $1.21B 72.1% | $1.18B 71.9% |
| Cost of Products | — | — | — | — | — | — | — | — | $1.16B 69.1% | $1.12B 68.2% |
| Cost of Services | — | — | — | — | — | — | — | — | $50.0M 3.0% | $59.9M 3.7% |
| Gross Profit | $518.0M 25.0% | $547.7M 25.9% | $507.1M 23.4% | $465.0M 21.9% | $446.5M 24.0% | $405.4M 25.4% | $440.6M 24.6% | $461.4M 25.5% | $467.2M 27.9% | $460.4M 28.1% |
| Research & Development | $22.9M 1.1% | $23.0M 1.1% | $21.2M 1.0% | $20.4M 1.0% | $19.5M 1.0% | $19.9M 1.2% | $20.3M 1.1% | $22.7M 1.3% | $23.7M 1.4% | $23.8M 1.5% |
| Selling, General & Admin | $208.0M 10.0% | $209.2M 9.9% | $206.0M 9.5% | $192.1M 9.0% | $186.2M 10.0% | $176.5M 11.1% | $187.5M 10.5% | $178.6M 9.9% | $180.7M 10.8% | $176.4M 10.8% |
| Operating Income | $47.4M 2.3% | $286.5M 13.5% | $171.8M 7.9% | $214.8M 10.1% | $235.7M 12.7% | $187.9M 11.8% | $208.7M 11.7% | $255.9M 14.2% | $244.4M 14.6% | $223.9M 13.7% |
| Interest Expense | — | — | $59.2M 2.7% | $43.9M 2.1% | $37.2M 2.0% | $38.2M 2.4% | $43.2M 2.4% | $45.9M 2.5% | $43.4M 2.6% | $54.4M 3.3% |
| Other Income (Expense), net | -$61.4M -3.0% | -$62.9M -3.0% | -$64.1M -3.0% | -$58.1M -2.7% | -$33.4M -1.8% | -$49.9M -3.1% | -$51.4M -2.9% | -$51.8M -2.9% | -$53.5M -3.2% | -$53.6M -3.3% |
| Pretax Income | -$14.0M -0.7% | $223.6M 10.6% | $107.7M 5.0% | $156.7M 7.4% | $202.3M 10.9% | $138.0M 8.7% | $157.3M 8.8% | $204.1M 11.3% | $190.9M 11.4% | $170.3M 10.4% |
| Income Tax Expense | $4.9M 0.2% | $59.4M 2.8% | $23.7M 1.1% | $32.1M 1.5% | $36.6M 2.0% | $24.4M 1.5% | $22.8M 1.3% | $34.4M 1.9% | -$6.6M -0.4% | $35.3M 2.2% |
| Net Income | -$18.4M -0.9% | $167.1M 7.9% | $84.1M 3.9% | $122.2M 5.7% | $164.4M 8.8% | $112.4M 7.0% | $132.7M 7.4% | $169.0M 9.3% | $195.1M 11.6% | $133.4M 8.1% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.59 | $5.21 | $2.59 | $3.74 | $4.89 | $3.29 | $3.79 | $4.79 | $5.54 | $3.82 |
| EPS (Diluted) | $-0.59 | $5.17 | $2.58 | $3.73 | $4.86 | $3.29 | $3.78 | $4.75 | $5.48 | $3.79 |
| Weighted Avg Shares (Basic) | 31.4M | 32.1M | 32.5M | 32.7M | 33.6M | 34.2M | 35.0M | 35.3M | 35.2M | 34.9M |
| Weighted Avg Shares (Diluted) | 31.4M | 32.3M | 32.6M | 32.8M | 33.8M | 34.2M | 35.1M | 35.6M | 35.6M | 35.2M |
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.
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).
Coverage data unavailable.
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 16% of free cash flow, leaving room to grow it and fund buybacks. Last year: $14M dividends + $59M buybacks = $73M returned on $87M FCF.
3 consecutive years of dividend increases · 10%/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.
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: -1%. 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 $329M covers the $6M due within a year 51.4× 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).
Coverage is adequate but not comfortable. Effective rate ~5.9% on $997M of debt. Interest last disclosed in FY2023 (no longer broken out).
Cash of $329M fully covers short-term debt of $400000.
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.
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 | $427.1B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $216.9B | 31.6× | 19.5× | 6.4× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $157.0B | 36.2× | 20.3× | 11.7× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.4B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $114.2B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $99.5B | — | 12.0× | 3.8× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $97.8B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.6B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $77.3B | 37.6× | 22.7× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $71.3B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $66.6B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.9B | — | 90.3× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| NUE | $60.1B | 34.7× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| VALE | $60.1B | — | — | — | — | — | — | — | — | — | 537 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $55.7B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.3B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $50.4B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $50.0B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.1B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $34.5B | 29.8× | 18.7× | 1.9× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $33.4B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.2× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $30.0B | 26.5× | 17.0× | 4.9× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.5B | 15.1× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| MTX | $2.1B | — | — | 1.0× | -2.2% | 25.0% | -0.9% | -1.1% | -0.7% | — | 265 |
Peers = companies sharing MTX'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.
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 · 22th 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
High operating leverage: profit moved 38.5× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 74.5 | 75.4 | 74.6 | 76.0 | 78.1 | 76.6 | 74.1 | 75.0 |
| Gross Profit | 25.5 | 24.6 | 25.4 | 24.0 | 21.9 | 23.4 | 25.9 | 25.0 |
| R&D | 1.3 | 1.1 | 1.2 | 1.0 | 1.0 | 1.0 | 1.1 | 1.1 |
| SG&A | 9.9 | 10.5 | 11.1 | 10.0 | 9.0 | 9.5 | 9.9 | 10.0 |
| Operating Income | 14.2 | 11.7 | 11.8 | 12.7 | 10.1 | 7.9 | 13.5 | 2.3 |
| Income Tax | 1.9 | 1.3 | 1.5 | 2.0 | 1.5 | 1.1 | 2.8 | 0.2 |
| Net Income | 9.3 | 7.4 | 7.0 | 8.8 | 5.7 | 3.9 | 7.9 | -0.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on MTX: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.