Saturday 17 October 2026
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Montauk Renewables, Inc.
MNTK Basic Materials Specialty Chemicals
Montauk Renewables, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $176.4 million, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 19.7%, EPS grew 104.0%, free cash flow grew 60.4% and total debt rose 114.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
2.14
0.02
+0.94%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 6.15 | 9.10 | 5.46 | 3.38 | 1.56 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 14.93 | 20.78 | 12.03 | 9.05 | 4.96 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | 115 | 132 | 137 | 151 | 166 | 189 | ||||
| Revenue/emp, $m | — | — | 0.00 | 0.00 | 0.87 | 1.12 | 1.50 | 1.16 | 1.06 | 0.93 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | 115 | 106 | 100 | 148 | 206 | 175 | 176 | 176 | ||||
| Gross margin, % | — | — | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | — | — | 37 | 5 | (1) | 0 | 43 | 18 | 12 | (2) | |||||
| EBT margin, % | — | — | 31.77 | 5.17 | (1.39) | (0.25) | 21.04 | 10.50 | 6.93 | (1.41) | |||||
| Net income | — | — | 29 | 6 | 5 | (5) | 35 | 15 | 10 | 2 | |||||
| Depreciation | — | — | 17 | 21 | 23 | 23 | 21 | 22 | 24 | 30 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | 0.82 | 0.74 | 0.71 | 1.05 | 1.46 | 1.23 | 1.24 | 1.23 | ||||
| Earnings | — | — | 0.20 | 0.04 | 0.03 | (0.03) | 0.25 | 0.11 | 0.07 | 0.01 | |||||
| Cash flow | — | — | 0.35 | 0.20 | 0.20 | 0.30 | 0.57 | 0.29 | 0.31 | 0.21 | |||||
| Capex | — | — | (0.28) | (0.32) | (0.12) | (0.07) | (0.15) | (0.45) | (0.43) | (0.81) | |||||
| Free cash flow | — | — | 0.08 | (0.13) | 0.08 | 0.23 | 0.42 | (0.16) | (0.12) | (0.60) | |||||
| Book value | — | — | 0.00 | 1.09 | 1.12 | 1.29 | 1.61 | 1.77 | 1.81 | 1.84 | |||||
| Shares, m | — | — | 141 | 142 | 142 | 141 | 141 | 142 | 142 | 143 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | 293.25 | 293.25 | 293.25 | 0.00 | 41.97 | 83.29 | 61.23 | 100.00 | ||||
| P/S | — | — | 16.61 | 16.61 | 16.61 | 9.76 | 7.27 | 7.23 | 3.22 | 1.35 | |||||
| P/B | — | — | 10.45 | 10.45 | 10.45 | 7.93 | 6.58 | 5.05 | 2.20 | 0.91 | |||||
| EV/Sales | — | — | 17.06 | 17.06 | 17.06 | 9.93 | 7.11 | 7.17 | 3.28 | 1.95 | |||||
| EV/FCF | — | — | 155.13 | 155.13 | 155.13 | 44.63 | 24.39 | (56.90) | (32.88) | (3.99) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | 50 | 28 | 29 | 43 | 81 | 41 | 44 | 30 | ||||
| Capex | — | — | (39) | (46) | (18) | (10) | (21) | (63) | (61) | (117) | |||||
| Free cash flow | — | — | 11 | (18) | 11 | 33 | 60 | (22) | (18) | (86) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | 35 | 0 | 4 | 51 | 96 | 61 | 24 | 4 | ||||
| Total debt | — | — | 93 | 67 | 66 | 79 | 71 | 64 | 56 | 129 | |||||
| Net debt | — | — | 39 | 57 | 45 | 26 | (34) | (10) | 10 | 105 | |||||
| Shareholders’ equity | — | — | — | 154 | 160 | 182 | 227 | 250 | 257 | 263 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | 10.88 | 4.78 | 1.85 | (1.68) | 11.37 | 4.38 | 2.78 | 0.45 | ||||
| ROIC | — | — | 57.51 | 3.26 | 1.10 | 1.00 | 14.41 | 6.16 | 3.77 | 0.14 | |||||
| ROE | — | — | 19.04 | 3.85 | 2.93 | (2.65) | 17.19 | 6.26 | 3.83 | 0.67 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Montauk Renewables, Inc. vs peers in Specialty Chemicals (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MATV Mativ Holdings, Inc. | $644.1M | 6.9× | — (loss-making) | +1.22% (above 0%: growing) | n/m | +19.37% (above 0%: growing) | 21.31% | 6.64% | Compare |
| OEC Orion S.A. | $316.5M | — (loss-making) | — (loss-making) | +7.40% (above 0%: growing) | −81.25% (below 0%: shrinking) | −83.48% (below 0%: shrinking) | 18.57% | 4.25% | Compare |
| MNTK Montauk Renewables, Inc. | $301.8M | 34.7× | 14.4× | +19.71% (above 0%: growing) | n/m | +60.35% (above 0%: growing) | 100.00% | (0.14%) | |
| GEVO Gevo, Inc. | $289.3M | — (loss-making) | — (loss-making) | +7.11% (above 0%: growing) | n/m | −167.47% (below 0%: shrinking) | 42.58% | (369.25%) | Compare |
| ALTO Alto Ingredients, Inc. | $283.9M | 5.0× | 12.8× | +12.48% (above 0%: growing) | n/m | +1,443.92% (above 0%: growing) | 6.77% | 3.51% | Compare |
| FF FutureFuel Corp. | $247.8M | — (loss-making) | — (loss-making) | +120.69% (above 0%: growing) | n/m | +4,245.38% (above 0%: growing) | 19.08% | 14.29% | Compare |
| HDSN Hudson Technologies, Inc. | $212.1M | 24.1× | 14.1× | +7.54% (above 0%: growing) | −47.83% (below 0%: shrinking) | +5.45% (above 0%: growing) | 26.41% | 9.44% | Compare |
| CMT Core Molding Technologies Inc | $206.6M | 26.6× | 21.6× | −20.84% (below 0%: shrinking) | −55.32% (below 0%: shrinking) | +809.20% (above 0%: growing) | 20.29% | 3.66% | Compare |
| FEAM 5E Advanced Materials, Inc. | $156.8M | — (loss-making) | — | — | n/m | +17.79% (above 0%: growing) | 0.00% | 0.00% | Compare |
| Median of peers | $265.9M | 15.5× | 14.1× | +7.40% | −55.32% | +18.58% | 19.69% | 3.96% |
Montauk Renewables, Inc. (MNTK) key facts
- Montauk Renewables, Inc. (MNTK) is a Specialty Chemicals company in the Basic Materials sector, listed on Nasdaq.
- Montauk Renewables, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $176.4 million, roughly unchanged from fiscal 2024.
- As of October 16, 2026, MNTK traded at $2.14, a market capitalization of $301.8 million.
- Return on equity was 0.67% and debt-to-equity 0.57.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 1.44 (distress zone) for fiscal 2025.