Materion Corporation (MTRN) vs Nexa Resources S.A. (NEXA)

Materion Corporation and Nexa Resources S.A. are both Other Industrial Metals & Mining companies. Materion Corporation is the larger, with a market value of $5.4B against $1.7B — 3.2× the size. Nexa Resources S.A. trades at the lower P/E: 6.0× against 61.1×. Nexa Resources S.A. grew revenue faster over the last twelve months: 24.3% against 21.6%. Nexa Resources S.A. has the higher net margin (8.02% vs 4.29%) and the higher return on invested capital (16.8% vs 5.50%). Both pay a dividend; Nexa Resources S.A. yields more (3.47% vs 0.43%). Across the 23 metrics below, Nexa Resources S.A. leads on 19 and Materion Corporation on 4.

Valuation

Metric MTRN NEXA Other Industrial Metals & Mining median
P/E 61.05 5.95 27.78
P/S 2.63 0.48 8.14
P/B 5.55 1.09 1.48
Price to free cash flow 108.43 13.18 16.31
EV/EBITDA 29.88 2.78 14.66
EV/Sales 2.84 0.87 6.17
Earnings yield 1.64% 16.80% (8.03%)
Free cash flow yield 0.92% 7.59% (6.85%)

Profitability

Metric MTRN NEXA Other Industrial Metals & Mining median
Gross margin 16.01% 28.39% 14.52%
Operating margin 5.99% 22.17% 0.00%
Net margin 4.29% 8.02% 0.00%
Free cash flow margin 2.42% 3.61% 0.00%
Return on equity 9.46% 20.91% (7.90%)
Return on assets 4.99% 5.41% (11.61%)
Return on invested capital 5.50% 16.79% (3.47%)

Growth

Metric MTRN NEXA Other Industrial Metals & Mining median
Revenue growth (TTM) 21.60% 24.30% 27.25%
EPS growth (last fiscal year) 1,178.57% 164.52% —
Revenue growth, 5-year CAGR 8.72% 9.00% 5.26%
Net income growth, 5-year CAGR 37.07% 0.00% 0.00%

Health

Metric MTRN NEXA Other Industrial Metals & Mining median
Debt to equity 0.46 1.16 0.04
Current ratio 2.94 0.80 2.48
Net debt to EBITDA 2.54 1.48 1.10

Dividend

Metric MTRN NEXA Other Industrial Metals & Mining median
Dividend yield 0.43% 3.47% 4.32%
Payout ratio 0.11 0.00 0.00

Size

Metric MTRN NEXA Other Industrial Metals & Mining median
Market cap 5.39b 1.67b 586.13m

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