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M-tron Industries, Inc. (MPTI) stock

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NYSE: MPTI NYSE Electronic Components Next results ~November 11, 2026

C+ Fundamentals grade

M-tron Industries, Inc. is a US-listed company in the electronic components industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$65

Cash-flow model

Base case. Range ~$54–$78 across our lower- and higher-growth cases (9.3%–19.3% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 2% below our base value.

Price used: $63.15, November 2, 2026

M-tron Industries, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
  • Funds90 adding, 28 cuttingOf 25 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter M-tron Industries files

Where M-tron Industries stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $58m, up 11.8% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin rose to 16.3% from 12.0% a year earlier. The diluted share count is up 23.4% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $65.79 a share, against a share price of $69.48. At that price, our model says the market is pricing in about 15.8% a year of cash-flow growth for five years, close to the 16.9% a year revenue growth it has delivered.

Source: 10-Q filed August 12, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

M-tron Industries, Inc.'s trailing-twelve-month revenue grew 11.8% year on year, with a free-cash-flow margin of 16.3%. Where it stands out: net margin of 16.3% ranks 4 of 26 electronic components companies we cover. Where it lags: change in share count of 23.4% ranks 19 of 22 electronic components companies we cover.

Our discounted-cash-flow model values the business at ~$65 per share in the base case (~$54–$78 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Balance sheet growing far ahead of sales: Total assets grew 217% year over year while revenue grew 12% — the balance sheet is expanding 205 points faster than the business it supports.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.1bn.

Things to watch

  • Share dilution. Diluted shares rose 23.4% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 53% and a beta of 1.6 against the S&P 500.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 3.9% ranks 19 of 24 electronic components companies we cover (median 2.1%).
  • Below peers: change in growth rate. Change in growth rate of +0.4pp ranks 20 of 26 electronic components companies we cover (median +3.5pp).
  • Heavily shorted. 10.0% of the shares available to trade are sold short (5.0 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q2

Filed August 12, 2026
Earnings per share
$0.43 against an average estimate of $0.59: missed by 27.1%
Revenue
$15m, up 13.8% on a year earlier
Share reaction
-1.3% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Next report
November 11, 2026; average EPS estimate $0.58

M-tron Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-4.6%
  • 1 week-6.7%
  • 1 month-18.1%
  • This year+18.7%
  • 1 year+14.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$58.2M
Operating margin
18.5%
Net margin
16.3%
EPS (TTM, diluted)
$2.67

Growth

Revenue growth
+11.8%
Change in growth rate
+0.4 pts
Share count change
+23.4%

Cash

Free cash flow (TTM)
$9.5M
FCF margin
16.3%
Stock pay % of revenue
3.9%

Earnings

Last results
August 12, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

M-tron Industries, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 13.5% a year of cash-flow growth for five years.That is close to the 16.9% a year revenue growth M-tron Industries has delivered.

  • Priced in13.5%
  • Last 12 months11.8%
  • 3 years a year16.7%
  • 5 years a year16.9%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($63.95, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$65
Price used
$63.95close November 3, 2026
Implied change
▲ +1%
Uncertainty
Low

How we got here: a discounted-cash-flow model of M-tron Industries, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($5.7M, FY2026 Q2 TTM), growing 12.3% and 13.9% in the next two years (forecasts, guidance and its record), then back to 14.3% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$54–~$78 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of M-tron Industries, Inc.'s free cash flow after stock-based pay ( $5.7M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value M-tron Industries, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.4%: the 10-year Treasury yield (4.9%) plus a beta of 1.21 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$65 ~$54–$78 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$51 ~$52–$84 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$62 ~$44–$90 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$53 ~$47–$62 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$59 ~$51–$65 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare M-tron Industries, Inc. with Electronic Components in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −18%
  • Revenue growth 5 points higher ▲ +23%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ +24%
  • Discount rate 1 point higher ▼ −11%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $41$48$57$69$84$104
8.5% $37$42$48$56$67$82
10% $34$38$43$49$58$68

Valuation multiples over time Market data may be delayed

At fiscal year end 2022202320242025Now
Share price$8.75$35.70$48.43$53.22$63.15
Market value$23m$98m$140m$172m$225m
+ Net debt (− = net cash)−$850000−$4m−$13m−$21m−$96m
Enterprise value$23m$94m$127m$151m$129m
Multiples
Price / sales 0.7x2.4x2.8x3.2x3.9x
Price / earnings 13.0x28.0x18.3x20.3x23.7x
Price / free cash flow 21.2x31.2x24.8x21.2x23.8x
EV / EBITDA 6.4x18.4x12.3x13.3x10.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026. Analysts expect revenue of $15m and EPS of $0.58 (range $0.51 to $0.66) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.55 −3% $61m +12%
Next $2.92 +14% $68m +12%

Next year's EPS estimate has moved −17.0% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −4.1% on 90 days ago. In the last 30 days, 0 analysts raised M-tron Industries, Inc.'s forecast and 0 cut it.

Consensus EPS forecast M-tron Industries, Inc., last 90 days
$2.50 $3.00 $3.50 $4.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.66 Current fiscal year, 60 days ago: $2.66 Current fiscal year, 30 days ago: $2.66 Current fiscal year, 7 days ago: $2.55 Current fiscal year, Now: $2.55 $2.55 Next fiscal year, 90 days ago: $3.51 Next fiscal year, 60 days ago: $3.51 Next fiscal year, 30 days ago: $3.51 Next fiscal year, 7 days ago: $2.90 Next fiscal year, Now: $2.92 $2.92

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.66$3.51
60 days ago $2.66$3.51
30 days ago $2.66$3.51
7 days ago $2.55$2.90
Now $2.55$2.92

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.59 $0.43 −27.1%
Mar 2026 $0.64 $0.67 +4.7%
Dec 2025 $0.66 $0.99 +51.1%
Sept 2025 $0.69 $0.63 −9.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 12, 2026

No numeric guidance in M-tron Industries, Inc.'s latest earnings release (filed August 12, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows M-tron Industries, Inc.'s revenue by +12.3% next year and +13.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+10.8%, weight 56%) and the company's own record (+14.3%, weight 44%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611
  2. Sep 202611

Counts of recommendations published by analysts covering M-tron Industries, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.0%
of tradable shares
Days to cover
5
at average volume
Short interest, 1 month
+9%
to October 15, 2026
Held by institutions
70%
of shares
Held by insiders
5.7%
of shares
Employees
239
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +14.6%

$55.12 on October 31, 2025 to $63.15

ThenNowEffect
Revenue (last 12 months) $52m $58m +11.8%
Net margin 14.6% 16.3% +12.0%
P/E multiple 21.0x 23.7x +12.9%
Share count 3m 4m −19.0%

Biggest factor: share count.

Last 3 years +142.4%

$26.05 on November 3, 2023 to $63.15

ThenNowEffect
Revenue (last 12 months) $37m $58m +59.0%
Net margin 6.9% 16.3% +137.2%
P/E multiple 27.8x 23.7x −14.8%
Share count 3m 4m −24.6%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 2023202420252026 to date
Return
MPTI+308%+36%+10%+19%
Industry peers (median)+10%+7%+4%+19%
S&P 500+26%+25%+18%+11%
Months that ended higher
MPTI83%50%58%46%
S&P 50067%75%75%46%
Largest fall from a high during the year
MPTI−30%−45%−41%−37%
S&P 500−10%−8%−19%−9%

Worst fall since October 3, 2022: 50% from December 5, 2024 to February 24, 2025. Getting back needed a 100% gain, reached on March 25, 2026, 394 days after the low.

Price behaviour

52-week range
$43.64 – $100.75
From 52-week high
−37.3%
vs 50-day average
−13.7%
vs 200-day average
−15.9%
Volatility (1 year)
53%
Beta vs S&P 500
1.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±8.0%
After a week
6 up, 6 down
typical move ±8.6%
After a month
8 up, 4 down
typical move ±13.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 −1.3% +0.9% −1.6% −7.2%
May 8, 2026 −0.1% +1.1% +3.6% +21.4%
March 24, 2026 +29.7% +0.2% +12.5% +3.1%
November 12, 2025 −5.9% −1.6% −15.1% −0.5%
November 4, 2025 −5.0% −0.8% −2.9% −7.8%
August 12, 2025 −7.0% +1.4% −7.8% +7.4%
May 13, 2025 −14.6% +0.8% −18.2% −19.8%
March 27, 2025 +0.2% −2.3% −1.3% +34.7%
February 26, 2025 +6.4% −1.5% +14.6% +10.0%
November 13, 2024 +10.0% −0.6% +6.5% +11.1%
August 14, 2024 +9.8% +2.0% +16.1% +12.9%
May 7, 2024 +5.8% +0.1% +3.1% +27.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

M-tron Industries, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) M-tron Industries, Inc.
$35M $40M $45M $50M $55M $60M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $39.1M Revenue (TTM), FY23 Q4: $41.2M Revenue (TTM), FY24 Q1: $43M Revenue (TTM), FY24 Q2: $44.7M Revenue (TTM), FY24 Q3: $47M Revenue (TTM), FY24 Q4: $49M Revenue (TTM), FY25 Q1: $50.6M Revenue (TTM), FY25 Q2: $52M Revenue (TTM), FY25 Q3: $53M Revenue (TTM), FY25 Q4: $54.4M Revenue (TTM), FY26 Q1: $56.4M Revenue (TTM), FY26 Q2: $58.2M $58.2M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $39.1M
FY23 Q4 $41.2M
FY24 Q1 $43M
FY24 Q2 $44.7M
FY24 Q3 $47M
FY24 Q4 $49M
FY25 Q1 $50.6M
FY25 Q2 $52M
FY25 Q3 $53M
FY25 Q4 $54.4M
FY26 Q1 $56.4M
FY26 Q2 $58.2M
Revenue growth, TTM YoY M-tron Industries, Inc.
10% 15% 20% 25% 30% 35% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 30.1% Revenue growth, TTM YoY, FY23 Q4: 29.3% Revenue growth, TTM YoY, FY24 Q1: 28.2% Revenue growth, TTM YoY, FY24 Q2: 22.0% Revenue growth, TTM YoY, FY24 Q3: 20.3% Revenue growth, TTM YoY, FY24 Q4: 19.1% Revenue growth, TTM YoY, FY25 Q1: 17.6% Revenue growth, TTM YoY, FY25 Q2: 16.5% Revenue growth, TTM YoY, FY25 Q3: 12.8% Revenue growth, TTM YoY, FY25 Q4: 11.0% Revenue growth, TTM YoY, FY26 Q1: 11.5% Revenue growth, TTM YoY, FY26 Q2: 11.8% 11.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 30.1%
FY23 Q4 29.3%
FY24 Q1 28.2%
FY24 Q2 22.0%
FY24 Q3 20.3%
FY24 Q4 19.1%
FY25 Q1 17.6%
FY25 Q2 16.5%
FY25 Q3 12.8%
FY25 Q4 11.0%
FY26 Q1 11.5%
FY26 Q2 11.8%
Operating margin (TTM) M-tron Industries, Inc.
10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 13.3% Operating margin (TTM), FY23 Q4: 10.4% Operating margin (TTM), FY24 Q1: 12.4% Operating margin (TTM), FY24 Q2: 13.1% Operating margin (TTM), FY24 Q3: 14.4% Operating margin (TTM), FY24 Q4: 19.2% Operating margin (TTM), FY25 Q1: 19.0% Operating margin (TTM), FY25 Q2: 18.0% Operating margin (TTM), FY25 Q3: 17.0% Operating margin (TTM), FY25 Q4: 18.9% Operating margin (TTM), FY26 Q1: 19.3% Operating margin (TTM), FY26 Q2: 18.5% 18.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 13.3%
FY23 Q4 10.4%
FY24 Q1 12.4%
FY24 Q2 13.1%
FY24 Q3 14.4%
FY24 Q4 19.2%
FY25 Q1 19.0%
FY25 Q2 18.0%
FY25 Q3 17.0%
FY25 Q4 18.9%
FY26 Q1 19.3%
FY26 Q2 18.5%
FCF margin (TTM) M-tron Industries, Inc.
5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 5.8% FCF margin (TTM), FY23 Q4: 7.6% FCF margin (TTM), FY24 Q1: 10.0% FCF margin (TTM), FY24 Q2: 11.4% FCF margin (TTM), FY24 Q3: 12.0% FCF margin (TTM), FY24 Q4: 11.5% FCF margin (TTM), FY25 Q1: 10.4% FCF margin (TTM), FY25 Q2: 12.0% FCF margin (TTM), FY25 Q3: 13.5% FCF margin (TTM), FY25 Q4: 14.9% FCF margin (TTM), FY26 Q1: 15.5% FCF margin (TTM), FY26 Q2: 16.3% 16.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 5.8%
FY23 Q4 7.6%
FY24 Q1 10.0%
FY24 Q2 11.4%
FY24 Q3 12.0%
FY24 Q4 11.5%
FY25 Q1 10.4%
FY25 Q2 12.0%
FY25 Q3 13.5%
FY25 Q4 14.9%
FY26 Q1 15.5%
FY26 Q2 16.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar M-tron Industries took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $54.4M
  2. Other income $663,000 · 1.2%
  3. Research and development $3.2M · 5.8%
  4. Other operating costs $41M · 75.3%
  5. Operating income $10.3M · 18.9%
  6. Income tax $2.5M · 4.6%
  7. Net income $8.4M · 15.5%

Shares of revenue. Source: M-tron Industries's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 27 32 41 49 54 58
EBITDA 3 4 5 10 11 12
Operating income 2 3 4 9 10 11
Net income 2 2 3 8 8 10
Diluted EPS $0.59 $0.67 $1.28 $2.65 $2.62 $2.67
Growth (year on year)
Revenue — +19.3% +29.3% +19.1% +11.0% +11.8%
EBITDA — +36.3% +43.7% +103.3% +9.8% +14.8%
Operating income — +36.0% +49.5% +118.5% +9.5% +15.1%
Net income — +13.7% +94.0% +118.9% +10.6% +25.3%
Diluted EPS — +13.6% +91.0% +107.0% −1.1% +1.5%
Margins
EBITDA margin 9.7% 11.1% 12.4% 21.1% 20.9% 20.5%
Operating margin 7.9% 9.0% 10.4% 19.2% 18.9% 18.5%
Net margin 5.9% 5.6% 8.5% 15.6% 15.5% 16.3%
Free-cash-flow margin 7.0% 3.5% 7.6% 11.5% 14.9% 16.3%
Cash flow
Cash from operations 3 2 4 8 11 12
Capital spending 1 1 1 2 3 3
Free cash flow 2 1 3 6 8 9
Stock-based pay 0 0 2 1 1 2
Free cash flow after stock pay 2 1 1 5 7 7
Balance sheet
Cash 3 1 4 13 21 96
Total debt 0 0 — 0 0 0
Net debt (negative = net cash) −2 −1 −4 −13 −21 −96
Diluted shares 3m 3m 3m 3m 3m 4m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $126m
Short-term assets $118mLonger-term assets $8m
What it owes, and who funded it · $126m
Short-term liabilities $7mLonger-term liabilities $0mShareholders' equity $119m
  • Short-term assets cover short-term liabilities $118m of assets due within a year against $7m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $118m short-term assets against $132,000 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From M-tron Industries, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+23.4%
year over year
R&D spending
6.1%
of revenue
Days sales outstanding
52 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic components
Last 12 months unless stated MPTI ESP OCC OST RFIL HLP Median
Revenue, last 12 months $58m $46m $83m $40m $86m $20m $647m
Revenue growth, last 12 months 11.8% 4.9% 13.9% 22.2% 13.0% 39.0% 15.0%
Revenue growth, 3-year average 16.7% 9.0% 3.4% — 9.2% — 5.6%
Revenue growth, latest quarter 13.8% 40.4% 22.0% — 21.1% — 18.4%
Gross margin — 35.3% 34.3% 6.4% 35.1% 32.5% 36.5%
Operating margin 18.5% 25.1% 4.2% −22.9% 4.6% 12.4% 8.5%
Operating margin, 3-year average 16.5% 20.2% −1.4% — −0.2% — 8.3%
Net margin 16.3% 24.2% 3.1% −25.2% 2.8% 9.9% 5.8%
Cash from operations / revenue 20.7% 12.3% 1.1% 0.2% 4.2% 4.5% 10.4%
Free-cash-flow margin 16.3% 5.6% 0.5% −17.9% 3.7% 3.4% 3.7%
Free-cash-flow margin, 3-year average 13.2% 19.1% 0.0% — 4.4% — 8.9%
Stock pay / revenue 3.9% 0.5% 0.6% — 1.2% 14.0% 1.9%
Change in share count 23.4% 6.5% 8.3% >999% 5.4% 320.8% 2.9%

Median of all 26 companies we cover in electronic components. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 electronic components companies
Measure Company Peer median Rank
Revenue growth Growth 11.8% 16.1% 17 of 26
Change in growth rate Growth +0.4pp +3.5pp 20 of 26
Operating margin Profitability 18.5% 9.0% 4 of 25
Net margin Profitability 16.3% 6.0% 4 of 26
Free-cash-flow margin Cash generation 16.3% 5.6% 5 of 24
Stock pay as % of revenue Cash generation 3.9% 2.1% 19 of 24
Change in share count Balance sheet 23.4% 3.5% 19 of 22
Days sales outstanding Balance sheet 52 days 69 days 4 of 24

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $41.8M 76.8% ▲ 10.0%
Outside the US $12.6M 23.2% ▲ 14.6%
Malaysia $6.1M 48.1% ▲ 30.0%
All Other Foreign Countries $3.2M 25.2% ▲ 15.6%
Australia $2.8M 22.5% ▲ 18.1%
GR $537,000 4.3% ▼ 55.1%

From M-tron Industries, Inc.'s 10-K filed March 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$283M
Institutions reporting
117
Shares held vs prior quarter
▲ 39.4%
Positions opened / closed
34 / 11

Top buyers and sellers, Q2 2026: 90 institutions bought and 28 sold ; the biggest buyer was T. Rowe Price Investment Management, Inc (+256K shares) and the biggest seller Nomura Holdings Inc (−73K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
T. Rowe Price Investment Management, Inc. $25.3M 256K 8.9% New
Blackrock, Inc. $25.1M 253K 8.9% ▲ 78.5%
GAMCO Investors, Inc. Et Al $20M 201K 7.0% ▲ 19.5%
Vanguard Capital Management LLC $17.2M 173K 6.1% ▲ 48.3%
Royce & Associates LP $15.5M 157K 5.5% ▲ 1781.2%
Two Sigma Investments, LP $13.1M 132K 4.6% ▲ 112.1%
Next Century Growth Investors LLC $12.3M 124K 4.3% ▲ 14.7%
Geode Capital Management, LLC $10M 101K 3.5% ▲ 57.4%
Renaissance Technologies LLC $9.5M 96K 3.4% ▼ 0.8%
State Street Corp $8.2M 82K 2.9% ▲ 86.3%
Palisades Investment Partners, LLC $8.2M 82K 2.9% ▲ 1.6%
Congruence Capital, LLC $6.6M 67K 2.3% ▲ 57.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not M-tron Industries, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $204,228 5 trades by 3 insiders · 0% under pre-set plans
Net ▼ $204,228 net selling
Insider Date Trade Shares Price Value
Biles Linda M Executive VP - Finance August 11, 2026 Sell 1,218 $85.05 $103,591
Biles Linda M Executive VP - Finance May 4, 2026 Sell 306 $66.78 $20,435
Pforr Cameron CEO and CFO May 4, 2026 Sell 840 $66.78 $56,095
Drafts William Arnold President May 4, 2026 Sell 361 $66.78 $24,108
Biles Linda M Executive VP - Finance April 14, 2026 Sell 720 — $0

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 12, 2026
  • May 8, 2026
  • March 24, 2026
  • November 12, 2025
  • November 4, 2025
  • August 12, 2025

Recent SEC filings

Data status

When each part of this page on M-tron Industries, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

M-tron Industries, Inc. in brief

What does M-tron Industries, Inc. do?
M-tron Industries, Inc. is a US-listed company in the electronic components industry. Its financial year ends in December.
What is M-tron Industries, Inc.'s stock ticker?
M-tron Industries, Inc. trades under the ticker MPTI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is M-tron Industries, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, M-tron Industries, Inc. reported revenue of $58.2M, 11.8% higher than a year earlier, according to its SEC filings.
What is M-tron Industries, Inc.'s free cash flow?
M-tron Industries, Inc.'s free-cash-flow margin is 16.3% of revenue over the trailing twelve months, ranking 5 of the 24 electronic components companies we cover.
What is M-tron Industries, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of M-tron Industries, Inc.'s free cash flow after stock-based pay gives ~$65 per share in the base case, and ~$54–$78 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are M-tron Industries, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are T. Rowe Price Investment Management, Inc., Blackrock, Inc. and GAMCO Investors, Inc. Et Al. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is M-tron Industries, Inc.'s market cap?
On November 2, 2026, M-tron Industries, Inc.'s market capitalisation was about $225M, with a price-to-earnings ratio of 23.7 and net debt of -$96.2M. Market figures come from third-party market data and may be delayed.
Who are M-tron Industries, Inc.'s competitors?
In our Electronic Components peer group, the companies closest to M-tron Industries, Inc. are Espey MFG & Electronics Corp, Optical Cable Corp, Ostin Technology Group Co., Ltd., R F Industries LTD and Hongli Group Inc. The side-by-side comparison below sets their revenue, margins and growth against M-tron Industries, Inc.'s.
Are insiders buying or selling M-tron Industries, Inc. stock?
Over the last 12 months, M-tron Industries, Inc.'s directors and officers reported 0 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
When is M-tron Industries, Inc.'s next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — M-tron Industries, Inc. announces its own schedule.