# Materion Corporation (MTRN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $244.24, market value $5.1 billion.

## Valuation
- **P/E (trailing): 56.8×** (5-yr avg 92.0×, 3-yr avg 137.8×). Materion Corporation trades at 56.8× trailing earnings, well below its own five-year average of 92.0×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 29.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.02**. A PEG of 0.02 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 5.1×**. The shares trade at 5.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 27.9×**. Enterprise value is 27.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Earnings yield: 1.8%**. The inverse of the P/E: 1.8% of the price is earned each year.

## Profitability
- **Gross margin: 16.0%**. Materion Corporation keeps 16.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 6.0%**. 6.0% of revenue is left after running the business.
- **Net margin: 4.2%**. 4.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.9%**. 7.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.2%**. Return on all capital, debt included, is 7.2%.
- **Return on assets: 5.0%**. Each dollar of assets produces 5.0% of profit.

## Growth
- **Revenue growth (1 yr): 6.0%** (3-yr 0.6%/yr, 5-yr 8.7%/yr). Revenue grew 6.0% over the last year, against 8.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 1178.6%** (3-yr -4.7%/yr, 5-yr 36.7%/yr). Earnings per share rose 1178.6%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.49**. Debt is 0.49 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.2×**. It would take 2.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.24%** ($0.56 per share, trailing). Materion Corporation yields 0.24%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 15%**. 15% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 4.1%/yr** (1-yr 3.7%). The dividend has grown 4.1% a year over five years.

## Analyst view
- **Analyst consensus: buy** (5 analysts). 5 analysts cover Materion Corporation; the consensus is buy, with an average price target of $303.75 (+24% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 120.7%** (YTD 96.8%, 3-mo 10.6%). The shares are up 120.7% over twelve months including dividends.
- **From 52-week high: -19.8%** (125.6% above the low). Trading 20% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 2.03** (volatility 59%). Beta of 2.03 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MTRN · Page: https://foliofundamentals.com/stocks/mtrn

Not investment advice.