M-tron Industries, Inc. (MPTI) Key Metrics
MPTI valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $288.6M
- Enterprise value
- $223.4M
- P/E (TTM)
- 26.0 10-yr median 19.3
- Forward P/E
- 28.5
- PEG ratio
- 1.14
- Price / sales
- 5.0 10-yr median 2.6
- Price / book
- 2.7 10-yr median 3.6
- EV / EBITDA
- 18.7 10-yr median 12.2
- Dividend yield
- —
- Beta
- 0.74
MPTI key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMPTI valuation Price multiples at each fiscal year-end price.
MPTI returns How much profit the business earns on the capital it uses.
MPTI per-share figures Results divided by the shares outstanding at year-end.
MPTI financial health Debt, liquidity and how easily interest is covered.
MPTI efficiency & capital use Working capital cycle and where the cash goes.
MPTI valuation history
MPTI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MPTI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MPTI cash returned to shareholders
MPTI price vs earnings per share
MPTI key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $171.7M | $139.7M | $97.6M | $23.4M | — | — |
| Enterprise value | $151.0M | $127.0M | $93.8M | $22.6M | — | — |
| P/E ratio | 20.3 | 18.3 | 28.0 | 13.0 | — | — |
| Price / sales | 3.2 | 2.8 | 2.4 | 0.7 | — | — |
| Price / book | 2.7 | 4.5 | 4.9 | 1.6 | — | — |
| Price / free cash flow | 21.2 | 24.8 | 31.2 | 21.2 | — | — |
| Price / operating cash flow | 16.1 | 18.6 | 22.2 | 11.5 | — | — |
| EV / sales | 2.8 | 2.6 | 2.3 | 0.7 | — | — |
| EV / EBITDA | 12.5 | 11.8 | 17.9 | 6.8 | — | — |
| EV / free cash flow | 18.6 | 22.6 | 30.0 | 20.5 | — | — |
| Earnings yield | 4.9% | 5.5% | 3.6% | 7.7% | — | — |
| Free cash flow yield | 4.7% | 4.0% | 3.2% | 4.7% | — | — |
| Shareholder yield (dividends + buybacks) | — | 0.0% | 0.1% | 0.0% | — | — |
| Share price at fiscal year-end | $53.22 | $48.43 | $35.70 | $8.75 | — | — |
| Per share | ||||||
| Revenue per share | $16.87 | $16.99 | $15.06 | $11.90 | $10.01 | $5.56 |
| Earnings per share | $2.62 | $2.65 | $1.28 | $0.67 | $0.59 | $0.43 |
| Operating cash flow per share | $3.30 | $2.61 | $1.61 | $0.76 | $1.11 | $0.72 |
| Free cash flow per share | $2.51 | $1.95 | $1.14 | $0.41 | $0.70 | $0.65 |
| Cash per share | $6.48 | $4.38 | $1.43 | $0.35 | $0.99 | $0.46 |
| Book value per share | $19.59 | $10.84 | $7.28 | $5.36 | $6.32 | $2.78 |
| Tangible book value per share | $19.58 | $10.83 | $7.26 | $5.32 | $6.26 | $2.74 |
| Capex per share | $0.79 | $0.66 | $0.47 | $0.35 | $0.41 | $0.08 |
| Debt per share | $0.07 | $0.00 | $0.04 | $0.05 | $0.05 | $0.02 |
| Shares outstanding | 3.2M | 2.9M | 2.7M | 2.7M | 2.7M | 5.4M |
| Change in shares outstanding | +11.9% | +5.5% | +2.1% | +0.4% | −50.5% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | 17.9% | 29.8% | 20.4% | 11.5% | 9.9% | 15.4% |
| Return on invested capital (ROIC) | 25.9% | 42.3% | 23.0% | 14.3% | 11.7% | 19.1% |
| Return on assets (ROA) | 16.1% | 25.1% | 16.0% | 9.2% | 8.3% | 12.9% |
| Return on tangible assets | 12.4% | 21.0% | 14.4% | 9.4% | 8.0% | 13.0% |
| Free cash flow margin | 14.9% | 11.5% | 7.6% | 3.5% | 7.0% | 11.7% |
| Income quality (OCF / net income) | 1.26 | 0.98 | 1.26 | 1.14 | 1.87 | 1.69 |
| Financial health | ||||||
| Total debt | $217,000 | $9,000 | $97,000 | $147,000 | $145,000 | $132,000 |
| Cash & short-term investments | $20.9M | $12.6M | $3.9M | $926,000 | $2.6M | $2.5M |
| Net debt | −$20.7M | −$12.6M | −$3.8M | −$779,000 | −$2.5M | −$2.3M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | −1.72 | −1.18 | −0.73 | −0.23 | −0.93 | −0.67 |
| Current ratio | 12.52 | 5.70 | 4.15 | 2.95 | 4.01 | 4.18 |
| Quick ratio | 10.54 | 3.88 | 2.12 | 1.40 | 2.28 | 2.36 |
| Interest coverage | — | — | 614.1 | 261.4 | 176.2 | 35.2 |
| Working capital | $56.3M | $24.5M | $13.8M | $9.5M | $9.1M | $8.9M |
| Invested capital | $42.5M | $18.6M | $16.1M | $13.6M | $14.4M | $12.7M |
| Tangible asset value | $63.2M | $31.2M | $19.9M | $14.2M | $16.7M | $14.8M |
| Net current asset value | $56.0M | $24.5M | $13.8M | $9.4M | $8.9M | $8.8M |
| Graham number | $33.97 | $25.42 | $14.46 | $9.00 | $9.18 | $5.18 |
| Graham net-net per share | $13.11 | $6.00 | $2.76 | $1.36 | $1.91 | $0.93 |
| Capital allocation | ||||||
| Share buybacks (net) | — | $0 | $137,000 | $10,000 | — | — |
| Dividends + buybacks / free cash flow | — | 0.0% | 4.4% | 0.9% | — | — |
| Capex / revenue | 4.7% | 3.9% | 3.1% | 2.9% | 4.1% | 1.4% |
| Capex / operating cash flow | 23.9% | 25.2% | 29.1% | 45.8% | 37.1% | 10.4% |
| Capex / depreciation | 2.35 | 1.95 | 1.51 | 1.29 | 2.03 | 0.83 |
| Stock-based compensation / revenue | 2.0% | 1.3% | 5.9% | 1.4% | 1.1% | 0.5% |
| R&D / revenue | — | 5.7% | 5.4% | 6.3% | 7.5% | 6.8% |
| SG&A / revenue | 25.5% | 27.0% | 24.2% | 26.6% | 27.1% | 24.2% |
| Efficiency | ||||||
| Days sales outstanding | 120.2 | 43.4 | 44.3 | 52.7 | 54.3 | 48.1 |
| Days of inventory on hand | 115.7 | 127.3 | 122.7 | 113.4 | 108.6 | 94.6 |
| Days payables outstanding | 19.4 | 18.8 | 27.5 | 33.6 | 27.4 | 22.4 |
| Cash conversion cycle (days) | 216.4 | 151.8 | 139.5 | 132.5 | 135.5 | 120.3 |
| Receivables turnover | 3.04 | 8.42 | 8.23 | 6.93 | 6.72 | 7.59 |
| Payables turnover | 18.83 | 19.37 | 13.26 | 10.85 | 13.33 | 16.28 |
| Inventory turnover | 3.16 | 2.87 | 2.98 | 3.22 | 3.36 | 3.86 |
| Asset turnover | 1.04 | 1.61 | 1.89 | 1.62 | 1.41 | 1.67 |
| Average receivables | $17.9M | $5.8M | $5.0M | $4.6M | $4.0M | $3.9M |
| Average payables | $1.6M | $1.4M | $1.8M | $1.9M | $1.3M | $1.2M |
| Average inventory | $9.6M | $9.2M | $8.2M | $6.4M | $5.2M | $5.1M |
| Intangibles / total assets | 0.1% | 0.1% | 0.2% | 0.5% | 0.8% | 1.1% |
Computed from MPTI's annual financial statements (latest annual report filed March 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MPTI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), M-tron Industries traded at 20.3 times earnings, against a 6-year median of 19.3. Based on the latest twelve months, the trailing P/E is 26.0 and the forward P/E is 28.5. M-tron Industries earned a return on equity of 17.9% and a return on invested capital of 25.9% in fiscal 2025. It ended the year with $0.2 million of debt and $20.9 million in cash and short-term investments, a net cash position of $20.7 million. The share count fell 40.1% from 5.4M to 3.2M over 5 years.
See the MPTI income statement, the MPTI chart for price history, or the MPTI stock overview for the latest quote and news.
MPTI key metrics FAQ
What is M-tron Industries's P/E ratio?
M-tron Industries's trailing P/E ratio is 26.0 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 28.5. At the end of fiscal 2025 it was 20.3, compared with a 6-year median of 19.3.
What is M-tron Industries's EV/EBITDA?
M-tron Industries's enterprise value was 12.5 times EBITDA at the end of fiscal 2025 (enterprise value $151.0 million, EBITDA $12.0 million); the current EV/EBITDA is 18.7.
What is M-tron Industries's return on equity?
M-tron Industries's return on equity (ROE) was 17.9% in fiscal 2025: net income of $8.4 million on average shareholders' equity of $47.2 million.
What is M-tron Industries's ROIC?
M-tron Industries's return on invested capital was 25.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does M-tron Industries have?
M-tron Industries had total debt of $0.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is M-tron Industries's free cash flow yield?
M-tron Industries generated $8.1 million of free cash flow in fiscal 2025, a free cash flow yield of 4.7% on its market value at year-end ($171.7 million).
What is M-tron Industries's current ratio?
M-tron Industries's current ratio was 12.52 at the end of fiscal 2025: current assets were 12.52 times current liabilities.