Minerals Technologies Inc. (MTX) intrinsic value & 10-year financials
Minerals Technologies Inc. (MTX) has a Graham intrinsic value of $61.55 per share. At $62.99 on Oct 17, 2026, the stock trades 2% above that value. Over the last 10 fiscal years revenue grew 2.6% a year to $2.1B, with an average return on invested capital of 8.2%.
- Graham intrinsic value
- $61.55
- Share price (Oct 17, 2026)
- $62.99
- Price vs Graham value
- 2% above
- Market cap
- $2.0B
- Revenue (FY2025)
- $2.1B
- Revenue growth (10-yr CAGR)
- 2.6%
- ROIC (10-yr avg)
- 8.2%
- Free cash flow (FY2025)
- $86.6M
MTX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.1B | -$18.4M | -$0.59 | $86.6M | 2.3% | 2.0% |
| FY2024 | $2.1B | $167.1M | $5.17 | $146.9M | 13.5% | 9.0% |
| FY2023 | $2.2B | $84.1M | $2.58 | $140.1M | 7.9% | 5.8% |
| FY2022 | $2.1B | $122.2M | $3.73 | $23.4M | 10.1% | 7.5% |
| FY2021 | $1.9B | $164.4M | $4.86 | $146.4M | 12.7% | 9.0% |
| FY2020 | $1.6B | $112.4M | $3.29 | $173.8M | 11.8% | 7.5% |
| FY2019 | $1.8B | $132.7M | $3.78 | $173.3M | 11.7% | 8.7% |
| FY2018 | $1.8B | $169.0M | $4.75 | $127.7M | 14.2% | 10.5% |
| FY2017 | $1.7B | $195.1M | $5.48 | $130.9M | 14.5% | 12.5% |
| FY2016 | $1.6B | $133.4M | $3.79 | $162.7M | 13.5% | 9.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MINERALS TECHNOLOGIES INC has demonstrated mature, steady growth, with revenue compounding at 2.6% annually over the past decade.
MINERALS TECHNOLOGIES INC returns on capital have been average, hovering around 8.2% ROIC over the decade.
Over the decade, MINERALS TECHNOLOGIES INC shows that management has aggressively returned capital to shareholders by retiring 10.8% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MINERALS TECHNOLOGIES INC is modeled at 2.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $61.55 per share.