Evolution Metals & Technologies Corp. (EMAT) vs Materion Corporation (MTRN)

Evolution Metals & Technologies Corp. and Materion Corporation are both Other Industrial Metals & Mining companies. Materion Corporation is the larger, with a market value of $5.4B against $2.1B — 2.6× the size. Evolution Metals & Technologies Corp. has negative trailing earnings, so its P/E is not meaningful; Materion Corporation trades at 61.1×. Materion Corporation has the higher net margin (4.29% vs 0.00%) and the higher return on invested capital (5.50% vs −1,321.1%). Across the 13 metrics below, Materion Corporation leads on 10 and Evolution Metals & Technologies Corp. on 3.

Valuation

Metric EMAT MTRN Other Industrial Metals & Mining median
P/E n/m 61.05 27.78
P/S n/m 2.63 8.14
P/B n/m 5.55 1.48
Price to free cash flow n/m 108.43 16.31
EV/EBITDA n/m 29.88 14.66
EV/Sales n/m 2.84 6.17
Earnings yield (43.56%) 1.64% (8.03%)
Free cash flow yield (0.59%) 0.92% (6.85%)

Profitability

Metric EMAT MTRN Other Industrial Metals & Mining median
Gross margin — 16.01% 14.52%
Operating margin 0.00% 5.99% 0.00%
Net margin 0.00% 4.29% 0.00%
Free cash flow margin 0.00% 2.42% 0.00%
Return on equity 2,558.19% 9.46% (7.90%)
Return on assets (735.26%) 4.99% (11.61%)
Return on invested capital (1,321.07%) 5.50% (3.47%)

Growth

Metric EMAT MTRN Other Industrial Metals & Mining median
Revenue growth (TTM) — 21.60% 27.25%
EPS growth (last fiscal year) (98.86%) 1,178.57% —
Revenue growth, 5-year CAGR — 8.72% 5.26%
Net income growth, 5-year CAGR 0.00% 37.07% 0.00%

Health

Metric EMAT MTRN Other Industrial Metals & Mining median
Debt to equity (1.34) 0.46 0.04
Current ratio 0.16 2.94 2.48
Net debt to EBITDA (1.40) 2.54 1.10

Dividend

Metric EMAT MTRN Other Industrial Metals & Mining median
Dividend yield — 0.43% 4.32%
Payout ratio 0.00 0.11 0.00

Size

Metric EMAT MTRN Other Industrial Metals & Mining median
Market cap 2.09b 5.39b 586.13m

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