Minerals Technologies offers an attractive combination of a low forward P/E of 11x, a PEG ratio of 0.27, and a strong 3-of-4 earnings beat record, though the asymmetry-to-upside ratio is too thin at current prices to justify a new position.
Thesis pillars
- Thin Upside Asymmetry Constraint→Stable
- Deep Value Low Peg↓Deteriorating
- Earnings Beat Momentum↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 20, 2026· older than 90 days
Minerals Technologies Inc. (MTX) Stock Analysis
Sector Rotation edge
Basic Materials · Specialty Chemicals
Sell if holding. Engine safety override at $65.70: Quality below floor (3.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10 and A.R:R 2.4:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 1.88; Below-average business quality; Below long-term trend.
Minerals Technologies Inc. develops and markets specialty mineral products — primarily bentonite, precipitated calcium carbonate, and refractory blends — through two segments: Consumer & Specialties (53% of 2025 net sales) and Engineered Solutions (47%), serving paper mills,... Read more
Sell if holding. Engine safety override at $65.70: Quality below floor (3.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10 and A.R:R 2.4:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 1.88; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.4/10, moderate confidence.
Passes 6/7 gates (positive momentum, favorable risk/reward ratio, clean insider activity, earnings proximity 91d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
About Minerals Technologies Inc.
About Minerals Technologies Inc.
Minerals Technologies posted net sales of roughly $2.07 billion in fiscal 2025, split 53% from Consumer & Specialties — Household & Personal Care ($512.8 million) and Specialty Additives ($584.9 million) — and 47% from Engineered Solutions — High-Temperature Technologies ($704.7 million) and Environmental & Infrastructure ($270.2 million). Operations span North America, Europe, and Asia, with approximately 48% of 2025 sales from outside the United States. The company is the world's largest producer of bentonite.
Consumer & Specialties earns from private-label and branded cat litter sold under the SIVO brand and from Specialty Additives revenue underpinned by long-term evergreen satellite supply agreements — initially 10 to 15 years — with paper mills, under which the company supplies substantially all of each host mill's calcium carbonate requirements. Specialty Additives faces a structural headwind: production levels for uncoated freesheet paper in North America and Europe are projected to continue decreasing, and mill consolidations have already resulted in closures that eliminate satellite contract volume. Engineered Solutions earns from green sand bond products sold to foundries for auto and heavy truck castings, refractory materials and laser measurement services for steel-making furnaces, and project-based geosynthetic clay liner and environmental remediation systems. The company sourced approximately 57% of its magnesia requirements — a key input for monolithic refractory products — from Chinese sources over the past five years, creating exposure to supply price volatility and U.S. import tariff risk on these materials.
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The satellite plant structure in Specialty Additives creates identifiable off-take concentration: Minerals Technologies owns, operates, and maintains manufacturing facilities co-located at paper mills and agrees to supply substantially all of each mill's precipitated calcium carbonate needs. The 10-K discloses that failure by a number of customers to renew or extend existing satellite agreements "could have a substantial adverse effect on the Company's results of operations," and that associated plant asset impairment could follow a non-renewal. Separately, the $961.7 million aggregate debt at December 31, 2025 — including $569.3 million under a term loan and $400.0 million of 5.0% Senior Notes due 2028 — exposes the company to elevated interest costs on SOFR-linked floating-rate borrowings that represent a significant portion of total indebtedness.
See also: Basic Materials · Specialty Chemicals
From Minerals Technologies Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated Nov 3, 2026Recent Developments — Minerals Technologies Inc.
Latest news
- NEWS Bank of America Removes Buy Recommendation for MTU Aero Engines — fiscal.ai Nov 3, 2026 negative
- NEWS Conference call: Minerals Technologies Sees Q4 GAAP EPS $1.15-$1.20 vs $1.25 Est; Sees Sales $525.000M vs $533.350M Est — benzinga Oct 30, 2026 negative
- NEWS Analysts Update MTU Aero Engines Following Quarterly Results — fiscal.ai Oct 30, 2026 neutral
- NEWS Minerals Technologies Q3 2026 Earnings Call Transcript — benzinga Oct 30, 2026 neutral
- NEWS Deutsche Bank Research Adjusts MTU Aero Engines Price Target — fiscal.ai Oct 30, 2026 neutral
Latest item Nov 3, 2026 · Generated 2026-11-05T11:54:12Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMSupplierChina magnesia sources10-K Item 1A: 'the Company has purchased approximately 57% of its magnesia requirements from sources in China over the past five years'
Material Events(8-K, last 90d)
- 2026-04-09Item 5.02LOWJonathan J. Hastings, SVP M&A and Strategy, notified the company he will step down effective April 30, 2026. He will continue as Corporate Strategy Advisor to the Chairman and CEO. No successor for the SVP role named.SEC filing →
- 2026-03-24Item 5.02LOWBoard members Alison A. Deans and Franklin L. Feder notified the company they will retire from the Board at the end of their terms at the May 20, 2026 annual shareholder meeting. No reason cited beyond scheduled retirement.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $65.70: Quality below floor (3.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.4/10 and A.R:R 2.4:1 is above the 1.5:1 BUY gate. Specifically: Elevated put/call ratio: 1.88; Below-average business quality; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $61.60. Score 5.4/10, moderate confidence.
Analyst target: $76.92 (+17.1% upside). Prior stop was $61.60. Stop-loss: $61.60.
Quality below floor (3.2 < 4.0); Value-trap signals (2/5): Margin compression (op margin -5.9%), Negative free cash flow.
Minerals Technologies Inc. trades at a P/E of N/A (forward 10.0). TrendMatrix value score: 8.8/10. Verdict: Sell.
8 analysts rate MTX, with a consensus score of 4.0/5. 4 analysts publish price targets averaging $91.
What does Minerals Technologies Inc. do?Minerals Technologies Inc. develops and markets specialty mineral products — primarily bentonite, precipitated calcium...
Minerals Technologies Inc. develops and markets specialty mineral products — primarily bentonite, precipitated calcium carbonate, and refractory blends — through two segments: Consumer & Specialties (53% of 2025 net sales) and Engineered Solutions (47%), serving paper mills, foundries, steel producers, and consumer brands globally. Revenue comes from direct sales, long-term satellite supply agreements with paper mills, and on-site refractory services for steel producers.