Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
The Metal Arts Company, Inc. (MTRT) primarily conducts its operations through its subsidiary, Coating Technology, Inc., focusing on specialized surface finishing solutions. Their core services encompass contract electroplating and electroless nickel processes, along with aluminum anodizing. A notable proprietary offering is Microsmooth, a patented chemical activator specifically designed to enable electroless nickel plating on aluminum substrates. Metal Arts caters to diverse industrial sectors by partnering with metal fabricating companies of all sizes, which subsequently provide subassemblies and individual parts to manufacturing clients. The company also offers a suite of other unique surface treatments to its contracted customers. Established in 1913, the firm boasts a long-standing presence in the industry.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is underpriced on P/FCF.