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Minerals Technologies Inc (MTX) Fair Value & Analysis

Basic Materials · US · Market cap $2.2B · ISIN US6031581068

What is Minerals Technologies Inc really worth?

MT Minerals Technologies Inc logo Minerals Technologies Inc MTX · US
Price$70.85
Fair Value$113.22
Upside+59.8%
Quality54/100

A solid business, trading 37% below our fair value of $113.22.

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Strengths

Moderate debt · generates free cash flow
Ranks above peers (11/15)

Risks

!Mixed Growth (revenue 5y +5.4 %/yr)
!Thin margins · 7.6% net margin
!Moderate moat 47/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 13 out of 100

For context

·0.65% dividend yield
Evidence: Medium Range $93.81 – $170.10

Fair value as of: Aug 13, 2026

From 15 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from $64.42 to $113.22 (+75.7%) since Jul 12, 2026. Share price −5.8% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case ($93.81). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range ($93.81 to $170.10) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

$87.72 $47.85 Fair Value $113.22 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $47.85 – $87.72 · fair‑value band $93.81 – $170.10 · the $70.85 price screens below the $113.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Minerals Technologies Inc (MTX) currently trades at $70.85, while our model-based Fair Value estimate is $113.22, implying the stock looks roughly 37.4% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Basic Materials sector. Bull case: the Multiples group reads highest at a median of $106.23 per share, and 5 of the 15 models we run sit above the $70.85 price. Bear case: the Growth DCF group reads lowest at $19.82, and 10 of the 15 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Minerals Technologies Inc generated revenue of $2.1B at a net margin of 7.6%. Revenue grew 11.2% year over year. It earns a return on equity of 9.8%. Net debt stands at $717M. Fundamentals as of Aug 13, 2026

Our scenario range runs from $93.81 (bear case) to $170.10 (bull case); at $70.85, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −58% fair-value upside, at 60%, MTX screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $3.15 per share, which is 2.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF $8.18 $20.03 $36.25 76
Growth DCF $8.89 $19.82 $34.12 75
EPV $55.56 $67.53 $77.85 74
All 15 models by family
DCF Models
FCF DCF $8.18 $20.03 $36.25 76
5Y Revenue Exit $31.52 $64.48 $105.59 70
5Y EBITDA Exit $42.23 $83.54 $130.08 73
10Y Revenue Exit $20.25 $47.51 $82.06 64
10Y EBITDA Exit $28.73 $60.12 $99.53 66
Earnings-Based
EPV $55.56 $67.53 $77.85 74
Dividend Discount
Gordon GGM $4.02 $6.78 $9.98 67
DDM Multi-Stage $4.02 $5.87 $7.83 67
Multiples
EV/EBIT $77.03 $109.43 $141.84 65
EV/EBITDA $74.62 $106.23 $137.83 67
EV/Revenue $49.99 $80.07 $110.15 53
Asset-Based
NCAV (Graham) $27.63 $37.02 $55.26 54
Growth DCF
Growth DCF $8.89 $19.82 $34.12 75
Rev-Margin DCF $31.52 $64.37 $99.28 71
Economic Profit
ROIC Compounder $55.62 $71.43 $89.38 72

Widest divergence: Multiples ($106.23) versus Dividend Discount ($5.87). Highest evidence: FCF DCF (76).

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Key figures & financial health

P/E ratio 15.1 as of Jun 5, 2026
P/S ratio 1.06 TTM
EPS (TTM) $5.09 price ÷ EPS = P/E 15.1
Dividend yield 0.6% payout 9.0%
Net margin −0.9% FY2025
Return on equity 9.8% TTM
More key figures
Profitability
Return on assets (EBIT) 7.3% avg 5y
Operating margin 12.3% TTM
Growth
Revenue (TTM) $2.1B TTM
Revenue growth (YoY) +11.2% 3y avg −0.8%
EPS growth (YoY) −28.8%
Balance sheet & cash flow
Free cash flow $86.6M FY2025
Net debt $717M FY2025 · ≈ 8.3 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 50 · Market factors (momentum, volatility) 51

Profitability 21
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 99
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based products and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments.

Full company description

Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based products and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as cat litter under the SIVO brand name, personal care, fabric care, edible oil and renewable fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber-based packaging industries, as well as automotive, construction, consumer markets, and packaging applications. The Engineered Solutions segment provides high-temperature technology products consisting of custom-blended mineral and non-mineral products for casting auto and heavy truck parts, agriculture and construction equipment, municipal, infrastructure and other industrial castings markets; and environmental and infrastructure products comprising geosynthetic clay lining systems, vapor intrusion mitigation products, sub surface waterproofing systems, green roofs, wastewater remediation, drinking water purification technologies, and drilling products. In addition, this segment offers gunnable monolithic refractory products and application systems; monolithic refractory materials and pre-cast refractory shapes; refractory shapes and linings; carbon composites and pyrolitic graphite under PYROID brand; and filtration and well testing services. It markets its products primarily through its direct sales force, as well as regional distributors. The company operates in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Minerals Technologies Inc reported revenue of $2.1B in FY2025 versus $1.9B in FY2021, a compound +2.8%/yr. Reported net income was −$18.4M in FY2025.

Growth Quality 50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$2.1B
Latest YoY
−2.2%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.8%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.4%
Avg. revenue growth/yr (34Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +2.8%/yr
FY21 $1.9B
FY22 $2.1B
FY23 $2.2B
FY24 $2.1B
FY25 $2.1B
Net income
FY21 $164M
FY22 $122M
FY23 $84.1M
FY24 $167M
FY25 −$18.4M
Character of growth · EPS growth decomposed (2014-2025) +2.3 % p.a.
Revenue per share +3.5 %

of which total revenue +2.6 % · buybacks/dilution +0.9 %

EBIT margin −3.5 %
Tax rate −0.6 %
Residual (interest, one-offs) +3.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Minerals Technologies Inc Fair Value". https://www.fairvalue-calculator.com/stock/MTX

Peer Group

Specialty Chemicals · 695 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 54 · Above median
Fair Value upside +60% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 12% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.56× · Higher than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 15.1× · Cheaper than median
P/B 1.31× · Cheaper than median
P/S (TTM) 1.06× · Cheaper than median
P/FCF 25.9× · Pricier than 75% of peers
EV/EBITDA 7.5× · Cheaper than median
PEG 2.22× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE56 · sector 20
PAST39 · sector 23
HEALTH72 · sector 95
DIVIDEND13 · sector 28

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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500820 500820 ₹2,757 ₹557.43 −80%
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Asian Paints Limited ASIANPAINT ₹2,630 ₹696.23 −74%
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Frequently asked questions

Is Minerals Technologies Inc (MTX) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $113.22 versus a price of $70.85, about +60% upside (undervalued).
What is the fair value of MTX?
Our model-based fair value for Minerals Technologies Inc is $113.22 (as of Aug 13, 2026), built from audited fundamentals. The current price: $70.85.
What is the quality score of MTX?
Minerals Technologies Inc has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Minerals Technologies Inc (MTX)?
Minerals Technologies Inc reported trailing-twelve-month revenue of about $2.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of MTX?
The net profit margin of Minerals Technologies Inc is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.
Does Minerals Technologies Inc pay a dividend?
Minerals Technologies Inc currently shows a dividend yield of about 0.65% relative to its recent price (as of Aug 13, 2026).
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