Minerals Technologies Stock Beta

MTX Stock

USD 67.42 0.89 1.34%

Minerals Technologies fundamentals help investors to digest information that contributes to Minerals Technologies' financial success or failures. It also enables traders to predict the movement of Minerals Stock. The fundamental analysis module provides a way to measure Minerals Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Minerals Technologies stock.

Short Long Term Debt Total Total Assets

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Minerals Technologies Company Beta Analysis

Minerals Technologies' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Minerals Technologies Beta

1.28

Most of Minerals Technologies' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Minerals Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Minerals Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Minerals Technologies is extremely important. It helps to project a fair market value of Minerals Stock properly, considering its historical fundamentals such as Beta. Since Minerals Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Minerals Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Minerals Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Treasury Stock	Current Deferred Revenue	Short Term Investments	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.84	0.7	0.69	0.95	0.98	0.94	0.81	-0.07	0.59	0.91	0.87	-0.18	0.52	0.97	0.73	0.98	0.92	-0.71	-0.34	-0.76	0.2	0.76	0.46	0.41	0.28	-0.15
Total Stockholder Equity	0.84		0.29	0.85	0.88	0.82	0.61	0.9	0.07	0.79	0.56	0.51	-0.38	0.63	0.78	0.72	0.77	0.77	-0.84	-0.51	-0.43	0.16	0.92	0.64	0.66	0.48	-0.07
Net Debt	0.7	0.29		0.1	0.59	0.69	0.85	0.3	0.13	0.05	0.82	0.77	0.06	0.41	0.74	0.32	0.69	0.61	-0.17	-0.13	-0.76	-0.06	0.15	-0.01	-0.12	-0.26	-0.41
Retained Earnings	0.69	0.85	0.1		0.69	0.66	0.48	0.7	-0.05	0.68	0.46	0.49	-0.5	0.51	0.68	0.61	0.66	0.82	-0.93	-0.5	-0.42	0.15	0.91	0.72	0.87	0.63	0.46
Accounts Payable	0.95	0.88	0.59	0.69		0.96	0.85	0.89	-0.05	0.63	0.81	0.75	-0.07	0.57	0.91	0.8	0.92	0.83	-0.76	-0.29	-0.57	0.34	0.75	0.37	0.42	0.2	-0.2
Net Receivables	0.98	0.82	0.69	0.66	0.96		0.93	0.84	-0.11	0.64	0.9	0.86	-0.05	0.51	0.94	0.79	0.97	0.88	-0.71	-0.28	-0.7	0.3	0.7	0.37	0.35	0.2	-0.17
Total Liab	0.94	0.61	0.85	0.48	0.85	0.93		0.63	-0.14	0.38	0.99	0.96	-0.03	0.37	0.94	0.63	0.96	0.87	-0.52	-0.18	-0.85	0.19	0.55	0.28	0.2	0.12	-0.18
Total Current Assets	0.81	0.9	0.3	0.7	0.89	0.84	0.63		-0.15	0.76	0.59	0.53	-0.09	0.45	0.71	0.87	0.75	0.65	-0.83	-0.14	-0.28	0.52	0.74	0.49	0.46	0.39	-0.19
Short Term Debt	-0.07	0.07	0.13	-0.05	-0.05	-0.11	-0.14	-0.15		-0.09	-0.23	-0.21	-0.45	0.7	-0.04	-0.31	-0.19	-0.08	0.1	-0.46	-0.03	-0.63	0.05	-0.08	0.18	-0.29	-0.25
Net Tangible Assets	0.59	0.79	0.05	0.68	0.63	0.64	0.38	0.76	-0.09		0.35	0.31	-0.14	0.4	0.48	0.67	0.58	0.53	-0.68	-0.32	-0.22	0.31	0.71	0.41	0.47	0.4	0.01
Long Term Debt	0.91	0.56	0.82	0.46	0.81	0.9	0.99	0.59	-0.23	0.35		0.98	0.01	0.28	0.91	0.6	0.95	0.86	-0.49	-0.14	-0.85	0.21	0.52	0.25	0.19	0.15	-0.12
Deferred Long Term Liab	0.87	0.51	0.77	0.49	0.75	0.86	0.96	0.53	-0.21	0.31	0.98		-0.03	0.28	0.89	0.56	0.93	0.88	-0.49	-0.13	-0.87	0.19	0.52	0.23	0.26	0.15	0.02
Long Term Investments	-0.18	-0.38	0.06	-0.5	-0.07	-0.05	-0.03	-0.09	-0.45	-0.14	0.01	-0.03		-0.4	-0.22	0.22	-0.08	-0.33	0.31	0.65	0.28	0.64	-0.57	-0.7	-0.71	-0.6	-0.29
Short Long Term Debt	0.52	0.63	0.41	0.51	0.57	0.51	0.37	0.45	0.7	0.4	0.28	0.28	-0.4		0.54	0.31	0.41	0.49	-0.52	-0.52	-0.3	-0.21	0.52	0.2	0.47	-0.13	-0.16
Intangible Assets	0.97	0.78	0.74	0.68	0.91	0.94	0.94	0.71	-0.04	0.48	0.91	0.89	-0.22	0.54		0.61	0.96	0.94	-0.67	-0.37	-0.78	0.11	0.73	0.43	0.44	0.25	-0.08
Common Stock	0.73	0.72	0.32	0.61	0.8	0.79	0.63	0.87	-0.31	0.67	0.6	0.56	0.22	0.31	0.61		0.74	0.62	-0.76	0.06	-0.31	0.69	0.54	0.28	0.24	0.16	-0.07
Property Plant Equipment	0.98	0.77	0.69	0.66	0.92	0.97	0.96	0.75	-0.19	0.58	0.95	0.93	-0.08	0.41	0.96	0.74		0.93	-0.67	-0.28	-0.8	0.26	0.71	0.39	0.36	0.25	-0.06
Good Will	0.92	0.77	0.61	0.82	0.83	0.88	0.87	0.65	-0.08	0.53	0.86	0.88	-0.33	0.49	0.94	0.62	0.93		-0.76	-0.46	-0.82	0.07	0.81	0.54	0.6	0.39	0.21
Treasury Stock	-0.71	-0.84	-0.17	-0.93	-0.76	-0.71	-0.52	-0.83	0.1	-0.68	-0.49	-0.49	0.31	-0.52	-0.67	-0.76	-0.67	-0.76		0.25	0.3	-0.39	-0.81	-0.6	-0.76	-0.51	-0.3
Current Deferred Revenue	-0.34	-0.51	-0.13	-0.5	-0.29	-0.28	-0.18	-0.14	-0.46	-0.32	-0.14	-0.13	0.65	-0.52	-0.37	0.06	-0.28	-0.46	0.25		0.43	0.65	-0.61	-0.53	-0.55	-0.33	-0.16
Short Term Investments	-0.76	-0.43	-0.76	-0.42	-0.57	-0.7	-0.85	-0.28	-0.03	-0.22	-0.85	-0.87	0.28	-0.3	-0.78	-0.31	-0.8	-0.82	0.3	0.43		0.25	-0.51	-0.29	-0.24	-0.16	-0.05
Long Term Debt Total	0.2	0.16	-0.06	0.15	0.34	0.3	0.19	0.52	-0.63	0.31	0.21	0.19	0.64	-0.21	0.11	0.69	0.26	0.07	-0.39	0.65	0.25		0.0	-0.14	-0.11	-0.02	-0.01
Capital Surpluse	0.76	0.92	0.15	0.91	0.75	0.7	0.55	0.74	0.05	0.71	0.52	0.52	-0.57	0.52	0.73	0.54	0.71	0.81	-0.81	-0.61	-0.51	0.0		0.7	0.84	0.65	0.21
Cash And Equivalents	0.46	0.64	-0.01	0.72	0.37	0.37	0.28	0.49	-0.08	0.41	0.25	0.23	-0.7	0.2	0.43	0.28	0.39	0.54	-0.6	-0.53	-0.29	-0.14	0.7		0.66	0.84	0.28
Net Invested Capital	0.41	0.66	-0.12	0.87	0.42	0.35	0.2	0.46	0.18	0.47	0.19	0.26	-0.71	0.47	0.44	0.24	0.36	0.6	-0.76	-0.55	-0.24	-0.11	0.84	0.66		0.69	0.54
Net Working Capital	0.28	0.48	-0.26	0.63	0.2	0.2	0.12	0.39	-0.29	0.4	0.15	0.15	-0.6	-0.13	0.25	0.16	0.25	0.39	-0.51	-0.33	-0.16	-0.02	0.65	0.84	0.69		0.41
Capital Stock	-0.15	-0.07	-0.41	0.46	-0.2	-0.17	-0.18	-0.19	-0.25	0.01	-0.12	0.02	-0.29	-0.16	-0.08	-0.07	-0.06	0.21	-0.3	-0.16	-0.05	-0.01	0.21	0.28	0.54	0.41

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Minerals Technologies

In accordance with the recently published financial statements, Minerals Technologies has a Beta of 1.28. This is 47.13% higher than that of the Chemicals sector and 16.36% higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.

Minerals Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Minerals Technologies' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Minerals Technologies could also be used in its relative valuation, which is a method of valuing Minerals Technologies by comparing valuation metrics of similar companies.

Minerals Technologies is currently under evaluation in beta category among its peers.

Minerals Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Minerals Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Minerals Technologies' managers, analysts, and investors.

Environmental

Governance

Social

Minerals Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in Minerals Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Minerals Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Minerals Technologies' value.

		Shares
Charles Schwab Investment Management Inc	2024-12-31	555.2 K
Nuveen Asset Management, Llc	2024-12-31	528.8 K
Allspring Global Investments Holdings, Llc	2024-12-31	511.2 K
Northern Trust Corp	2024-12-31	498.9 K
Ameriprise Financial Inc	2024-12-31	436.2 K
Bank Of America Corp	2024-12-31	434.8 K
Gw&k Investment Management, Llc	2024-12-31	419.6 K
Mirae Asset Global Etfs Holdings Ltd.	2024-12-31	364.4 K
Morgan Stanley - Brokerage Accounts	2024-12-31	338.1 K
Blackrock Inc	2024-12-31	5.7 M
Vanguard Group Inc	2024-12-31	3.7 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Minerals Technologies will likely underperform.

Minerals Fundamentals

	Return On Equity	0.0985
	Return On Asset	0.0529
	Profit Margin	0.08 %
	Operating Margin	0.14 %
	Current Valuation	2.78 B
	Shares Outstanding	31.9 M
	Shares Owned By Insiders	1.11 %
	Shares Owned By Institutions	98.11 %
	Number Of Shares Shorted	344.46 K
	Price To Earning	17.41 X
	Price To Book	1.23 X
	Price To Sales	1.02 X
	Revenue	2.12 B
	Gross Profit	547.7 M
	EBITDA	374.9 M
	Net Income	170.9 M
	Cash And Equivalents	247.2 M
	Cash Per Share	7.26 X
	Total Debt	5.1 M
	Debt To Equity	0.67 %
	Current Ratio	2.29 X
	Book Value Per Share	54.77 X
	Cash Flow From Operations	236.4 M
	Short Ratio	1.76 X
	Earnings Per Share	5.17 X
	Price To Earnings To Growth	2.26 X
	Target Price	101.0
	Number Of Employees	3.89 K
	Beta	1.28
	Market Capitalization	2.15 B
	Total Asset	3.39 B
	Retained Earnings	2.51 B
	Working Capital	733.3 M
	Current Asset	259.05 M
	Current Liabilities	123.94 M
	Annual Yield	0.01 %
	Five Year Return	0.33 %
	Net Asset	3.39 B
	Last Dividend Paid	0.41

About Minerals Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Minerals Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Minerals Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Minerals Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Minerals Stock Analysis

When running Minerals Technologies' price analysis, check to measure Minerals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minerals Technologies is operating at the current time. Most of Minerals Technologies' value examination focuses on studying past and present price action to predict the probability of Minerals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerals Technologies' price. Additionally, you may evaluate how the addition of Minerals Technologies to your portfolios can decrease your overall portfolio volatility.

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