Friday 6 November 2026
Export MPTI’s income statement to Excel — free account
M-tron Industries, Inc.
MPTI Technology Electronic Components
M-tron Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $54.4 million, up 11.0% from fiscal 2024.
- Revenue
- +13.8%
- EPS
- −16.4%
- Free cash flow
- +35.4%
Quarter to June 2026, against a year earlier
57.95
5.97
−9.34%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 30 | 27 | 32 | 41 | 49 | 54 | 58 | +12.7% | 61 | 68 | 76 | +11.5% | |
| Gross margin, % | — | — | — | — | 34.34 | 34.97 | 35.63 | 40.73 | 46.19 | 44.38 | 44.28 | +10.0 pt | ||||||
| EBT | — | — | — | — | 3 | 2 | 3 | 4 | 10 | 11 | 12 | +30.5% | ||||||
| EBT margin, % | — | — | — | — | 9.65 | 7.92 | 8.15 | 10.69 | 19.94 | 20.13 | 20.87 | +10.5 pt | ||||||
| Net income | — | — | — | — | 2 | 2 | 2 | 3 | 8 | 8 | 10 | +29.6% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 11.24 | 9.98 | 11.90 | 15.27 | 17.84 | 18.94 | 14.35 | +11.0% | |||||
| Earnings | — | — | — | — | 0.87 | 0.59 | 0.67 | 1.29 | 2.78 | 2.94 | 2.94 | +27.6% | ||||||
| Cash flow | — | — | — | — | 1.46 | 1.11 | 0.76 | 1.63 | 2.74 | 3.71 | 2.96 | +20.4% | ||||||
| Capex | — | — | — | — | 0.00 | (0.41) | (0.35) | (0.48) | (0.69) | (0.89) | (0.63) | n/m | ||||||
| Free cash flow | — | — | — | — | 1.46 | 0.70 | 0.41 | 1.16 | 2.05 | 2.82 | 2.34 | +14.0% | ||||||
| Book value | — | — | — | — | 5.61 | 6.30 | 5.36 | 7.38 | 11.38 | 22.00 | 29.27 | +31.4% | ||||||
| Shares, m | — | — | — | — | 3 | 3 | 3 | 3 | 3 | 3 | 3 | +1.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | 15.54 | 15.54 | 12.42 | 28.30 | 17.48 | 18.23 | 19.71 | 17.9 | |||||
| P/S | — | — | — | — | 1.16 | 1.16 | 0.70 | 2.41 | 2.72 | 2.81 | 4.04 | 1.8 | ||||||
| P/B | — | — | — | — | 1.85 | 1.85 | 1.56 | 4.99 | 4.26 | 2.42 | 1.98 | 2.8 | ||||||
| EV/Sales | — | — | — | — | 1.13 | 1.13 | 0.67 | 2.31 | 2.46 | 2.43 | 2.39 | 1.7 | ||||||
| EV/FCF | — | — | — | — | 19.07 | 19.07 | 19.39 | 30.50 | 21.42 | 16.28 | 14.65 | 21.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 4 | 3 | 2 | 4 | 8 | 11 | 12 | +22.2% | |||||
| Capex | — | — | — | — | 0 | (1) | (1) | (1) | (2) | (3) | (3) | +44.4% | ||||||
| Free cash flow | — | — | — | — | 4 | 2 | 1 | 3 | 6 | 8 | 9 | +15.7% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 9 | 9 | 9 | 14 | 25 | 56 | 111 | +44.5% | |||||
| Net debt | — | — | — | — | (2) | (3) | (1) | (4) | (13) | (21) | (96) | +55.1% | ||||||
| Shareholders’ equity | — | — | — | — | 15 | 17 | 14 | 20 | 31 | 63 | 119 | +33.4% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | 8.34 | 9.16 | 16.01 | 25.09 | 16.10 | 11.49 | +16.1 pt | |||||
| ROIC | — | — | — | — | 0.00 | 9.30 | 13.39 | 16.81 | 31.51 | 15.20 | 29.94 | +15.2 pt | ||||||
| ROE | — | — | — | — | 0.00 | 9.94 | 11.53 | 20.38 | 29.85 | 17.88 | 12.40 | +17.9 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 178 | 208 | 246 | 259 | — | +13.3% | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.18 | 0.20 | 0.20 | 0.21 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
M-tron Industries, Inc. vs peers in Electronic Components (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 |
|---|---|---|---|---|---|---|---|---|---|
| DAKT Daktronics, Inc. | $925.3M | 19.5× | 16.5× | +7.12% (above 0%: growing) | +17.65% (above 0%: growing) | +24.97% (above 0%: growing) | 30.52% | 10.63% | Compare |
| LYTS LSI Industries Inc. | $663.7M | 26.0× | 23.8× | +51.30% (above 0%: growing) | −29.63% (below 0%: shrinking) | +14.69% (above 0%: growing) | 24.47% | 6.18% | Compare |
| KOPN Kopin Corporation | $511.2M | 62.8× | — (loss-making) | +50.62% (above 0%: growing) | n/m | −66.44% (below 0%: shrinking) | 48.27% | (27.51%) | Compare |
| LPTH LightPath Technologies, Inc. | $431.1M | — (loss-making) | — (loss-making) | +73.32% (above 0%: growing) | n/m | −171.87% (below 0%: shrinking) | 39.44% | (20.31%) | Compare |
| MEI Methode Electronics, Inc. | $362.2M | — (loss-making) | — (loss-making) | +10.35% (above 0%: growing) | n/m | −156.48% (below 0%: shrinking) | 17.97% | (1.47%) | Compare |
| MPTI M-tron Industries, Inc. | $249.1M | 19.7× | 29.6× | +13.76% (above 0%: growing) | −16.36% (below 0%: shrinking) | +35.44% (above 0%: growing) | 41.21% | 11.38% | |
| RELL Richardson Electronics, Ltd. | $242.7M | 28.1× | 25.3× | +18.89% (above 0%: growing) | +115.38% (above 0%: growing) | +1,121.05% (above 0%: growing) | 34.64% | 7.88% | Compare |
| OPTX Syntec Optics Holdings, Inc. | $151.7M | — (loss-making) | — | +26.14% (above 0%: growing) | n/m | −96.13% (below 0%: shrinking) | 25.90% | 3.88% | Compare |
| KULR KULR Technology Group, Inc. | $66.2M | — (loss-making) | — (loss-making) | −43.05% (below 0%: shrinking) | n/m | +75.36% (above 0%: growing) | (30.71%) | (538.63%) | Compare |
| Median of peers | $396.6M | 27.0× | 23.8× | +22.52% | +17.65% | −25.87% | 28.21% | 1.21% |
Pay and ownership Proxy statement filed 30 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 1.18m | 1.40m | 406.00 |
| 2024 | 376.30k | 376.30k | 370.00 |
| 2023 | 225.00k | 253.74k | 273.00 |
Ownership
Directors and executive officers, together
5.30%
BlackRock Inc.
6.50%
Mario J. Gabelli
5.70%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement