MTRN · Intrinsic value
Is Materion Corporation (MTRN) overvalued or undervalued?
Materion Corporation (MTRN) trades at the delayed market price of $248.35 a share. That price already implies revenue growth of more than 25%/yr. TickerWorth's fair value is $141.56 a share (75% above fair value), as of Oct 19, 2026. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from SEC filings and market data · Updated Oct 19, 2026 · How these pages are made
Is MTRN overvalued?
- Fair value
- $141.56
- Market price
- $248.35
- Downside to fair value
- 43.0%
- Verdict
- 75% above fair value
Reverse DCF, on our cash-flow model rather than the fair value above: Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast.
What is MTRN's TickerWorth Score?
Scores lower than almost every company we compare it with
Compared with Basic Materials companies in US
Its strongest point: growing quickly. Its weakest: looks expensive on the numbers.
- Value · 21 of 100
Cheaper than 21% of Basic Materials companies in US
- Price vs worth · 16 of 100
- Quality · 27 of 100
More profitable than 27% of Basic Materials companies in US
- Financial health · 43 of 100
Financially stronger than 43% of Basic Materials companies in US
- Growth · 70 of 100
Growing faster than 70% of Basic Materials companies in US
- Momentum · 71 of 100
Outperformed 71% of Basic Materials companies in US over the past year
Confidence: Medium confidence · Scored
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MTRN DCF valuation: what the price assumes
At a recent price of $248.35, Materion Corporation (MTRN) trades 75% above TickerWorth's blended fair value of $141.56 per share. For this company that blend leans on peer multiples: our discounted-cash-flow model holds margins flat and fades growth toward a long-run rate, which systematically understates a business growing this fast, so its figure (about $67.84) is shown as a reference beside the range rather than blended into it. Our estimate sits below the market — read that as a statement about how the market prices MTRN against comparable companies, not as a finding that it is overvalued on cash flow. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts Materion Corporation's projected free cash flows at a weighted-average cost of capital (WACC) of 9.9%, with a long-run terminal growth rate of 2.5%. About 73% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — MTRN would need sustained revenue growth of more than 25%/yr to justify today's price, against about 13.8% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, MTRN's modeled DCF value ranges from about $46.94 to $109.72 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Materion Corporation would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of MTRN's intrinsic value. Figures update as new filings and prices come in.
Every input behind MTRN's DCF
| Input | Value |
|---|---|
| Base-year revenueMATERION CORPORATION FY2025 10-K (accession 0001104657-26-000011): us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, FY2025 full year. | $1,786,550,000 |
| Base EBIT marginMATERION CORPORATION FY2025 10-K (accession 0001104657-26-000011): us-gaap:OperatingIncomeLoss 109,796,000 / revenue 1,786,550,000 = 6.15%, FY2025. | 6.2% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 24% → 19% → 14% → 9% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.3% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.05 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesMATERION CORPORATION FY2025 10-K (accession 0001104657-26-000011): WeightedAverageNumberOfDilutedSharesOutstanding = 20,912,000 shares, FY2025. | 21M |
| Market priceDelayed quote · as of 2026-10-19 16:19 UTC | $248.35 |
Change MTRN's assumptions
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What does Materion Corporation do?
What does it do?
Materion Corporation, together with its subsidiaries, produces advanced engineered materials in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. It operates in the Other Industrial Metals & Mining industry (Basic Materials sector), headquartered in United States. The company employs roughly 3,000 people.
How does it make money?
The business turns $2.1B in annual revenue into profit. Out of every $100 of sales, about $9 is left as operating profit (operating margin of 8.6%), after a 16% gross margin on the products/services it sells. After all costs, taxes and interest, 4.3% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks mixed: carries modest debt (0.5× equity), comfortably covers its short-term bills (2.9× current ratio), and is currently profitable.
Who at MTRN filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| SHULAR CRAIG S | Director | Grant / award | $24,193.76 | Form 4 for SHULAR CRAIG S (opens sec.gov in a new tab) | |
| Prevost Patrick M. | Director | Grant / award | $20,388.00 | Form 4 for Prevost Patrick M. (opens sec.gov in a new tab) | |
| LIGGETT EMILY M | Director | Grant / award | — | Form 4 for LIGGETT EMILY M (opens sec.gov in a new tab) | |
| KHILNANI VINOD M | Director | Grant / award | — | Form 4 for KHILNANI VINOD M (opens sec.gov in a new tab) | |
| SHULAR CRAIG S | Director | Grant / award | — | Form 4 for SHULAR CRAIG S (opens sec.gov in a new tab) | |
| Prevost Patrick M. | Director | Grant / award | — | Form 4 for Prevost Patrick M. (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is MTRN's intrinsic value?
TickerWorth's blended fair value for Materion Corporation (MTRN) is $141.56 per share, versus a market price of $248.35 (75% above fair value).
Is MTRN overvalued or undervalued?
Our cash-flow model understates a business growing this fast, so we don't call MTRN overvalued on it. Against a blend that leans on peer multiples, the price of $248.35 sits 75% above our estimate. This is an educational estimate, not advice.
What discount rate is used for MTRN?
A WACC of 9.9% and a terminal growth rate of 2.5%.
Is Materion stock undervalued?
TickerWorth's fair value for Materion Corporation (MTRN) is $141.56 against a market price of $248.35. Our read: 75% above fair value. This is a model estimate, not investment advice.
Materion (MTRN) DCF valuation and fair value
Our fair value for Materion Corporation (MTRN) is $141.56, built on a 9.9% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Materion stock?
Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $248.35. A model estimate, not investment advice.
Materion (MTRN) insider trading
The most recent insider filing (SEC Form 4) for Materion Corporation (MTRN): SHULAR CRAIG S, Director, grant / award on 2026-10-14. The latest filings are listed on this page. A disclosure, not a signal to trade.
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Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.