Minerals Technologies Inc. (MTX) vs Oil-Dri Corporation Of America (ODC)

Minerals Technologies Inc. and Oil-Dri Corporation Of America are both Specialty Chemicals companies. Minerals Technologies Inc. is the larger, with a market value of $2.1B against $1.2B — 1.7× the size. Minerals Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; Oil-Dri Corporation Of America trades at 21.9×. Minerals Technologies Inc. grew revenue faster over the last twelve months: 4.06% against 3.31%. Oil-Dri Corporation Of America has the higher net margin (11.3% vs −3.13%) and the higher return on invested capital (15.6% vs −0.82%). Both pay a dividend; Oil-Dri Corporation Of America yields more (1.73% vs 0.57%). Across the 22 metrics below, Oil-Dri Corporation Of America leads on 16 and Minerals Technologies Inc. on 6.

Valuation

Metric MTX ODC Specialty Chemicals median
P/E n/m 21.88 24.83
P/S 0.97 2.51 1.46
P/B 1.32 4.32 1.76
Price to free cash flow 16.39 24.89 19.84
EV/EBITDA 40.84 13.69 13.18
EV/Sales 1.26 2.47 1.84
Earnings yield (3.24%) 4.57% 2.11%
Free cash flow yield 6.10% 4.02% 2.29%

Profitability

Metric MTX ODC Specialty Chemicals median
Gross margin 24.52% 27.84% 29.23%
Operating margin (1.34%) 13.35% 3.63%
Net margin (3.13%) 11.34% 2.89%
Free cash flow margin 5.92% 10.10% 3.78%
Return on equity (4.12%) 20.87% 3.62%
Return on assets (1.93%) 14.27% 0.35%
Return on invested capital (0.82%) 15.59% 2.75%

Growth

Metric MTX ODC Specialty Chemicals median
Revenue growth (TTM) 4.06% 3.31% 4.51%
EPS growth (last fiscal year) (111.41%) 36.28% —
Revenue growth, 5-year CAGR 5.38% 11.38% 6.30%
Net income growth, 5-year CAGR 0.00% 23.36% 0.00%

Health

Metric MTX ODC Specialty Chemicals median
Debt to equity 0.61 0.14 0.54
Current ratio 1.43 3.28 1.94
Net debt to EBITDA 4.54 (0.12) 2.03

Dividend

Metric MTX ODC Specialty Chemicals median
Dividend yield 0.57% 1.73% 1.69%
Payout ratio 0.07 0.33 0.25

Size

Metric MTX ODC Specialty Chemicals median
Market cap 2.07b 1.24b 2.43b

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