The Discounted Cash Flow (DCF) valuation of Minerals Technologies Inc (MTX) is 89.74 USD. With the latest stock price at 58.18 USD, the upside of Minerals Technologies Inc based on DCF is 54.2%.
Based on the latest price of 58.18 USD and our DCF valuation, Minerals Technologies Inc (MTX) is a buy. Buying MTX stocks now will result in a potential gain of 54.2%.
Range | Selected | |
WACC / Discount Rate | 7.5% - 9.0% | 8.3% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | 68.79 - 126.83 | 89.74 |
Upside | 18.2% - 118.0% | 54.2% |
(USD in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 2,118 | 2,246 | 2,354 | 2,428 | 2,573 | 2,625 |
% Growth | 2% | 6% | 5% | 3% | 6% | 2% |
Cost of goods sold | (1,571) | (1,665) | (1,745) | (1,800) | (1,908) | (1,946) |
% of Revenue | 74% | 74% | 74% | 74% | 74% | 74% |
Selling, G&A expenses | (227) | (241) | (252) | (260) | (276) | (281) |
% of Revenue | 11% | 11% | 11% | 11% | 11% | 11% |
Research & Development | (23) | (24) | (26) | (26) | (28) | (28) |
% of Revenue | 1% | 1% | 1% | 1% | 1% | 1% |
Net interest & other expenses | (74) | (78) | (82) | (85) | (90) | (92) |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Tax expense | (59) | (49) | (51) | (52) | (56) | (57) |
Tax rate | 27% | 20% | 20% | 20% | 20% | 20% |
Net profit | 164 | 188 | 198 | 204 | 216 | 220 |
% Margin | 8% | 8% | 8% | 8% | 8% | 8% |