Feed / MPTI

M-tron Industries, Inc.

MPTI

Technology · 79.44 +3.1% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

M-tron Industries, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+3.1% todayVolume comparison unavailable
Market group0 of 11 activeDrone and Robotics Tech · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • MPTI's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if MPTI's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Electronic Components

No new filing conclusion is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • MPTI's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods5
Price observations320
Usable filing statements29
Verified relationships1
Evidence supporting the case
  • Latest annual revenue changed +11.0% year over year.
  • Operating cash flow covered net income at 1.26x in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 11.9% in the latest annual period.
  • Tariffs and trade policy has repeated adverse evidence across 3 filings.
Questions before a position
  • EV/sales is 55% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

80.74
6m+18.7%12m+72.5%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$26.7M$0.59
2022-12-31$31.8M+19.3%$0.67+0.0%
2023-12-31$41.2M+29.3%$1.28+2.1%
2024-12-31$49.0M+19.1%$2.65+5.5%
2025-12-31$54.4M+11.0%$2.62+11.9%

What management says matters

Persistent and emerging business drivers

Tariffs and trade policymixed · 3 filings
Gross Margin Gross margin (Revenues less Manufacturing cost of sales as a percentage of Revenues) decreased 180 basis points from 46.2% in 2024 to 44.4% in 2025 reflecting product mix and higher tariff-related costs.
10-K · Mar 26, 2026
Demand and volumemixed · 1 filings
The increase in backlog from December 31, 2025 is primarily driven by orders in the aerospace and defense, avionics, and space sectors during the quarter.
10-Q · May 13, 2026
Macroeconomic conditionspositive · 1 filings
Raw Materials Generally, most raw materials used in the production of our products are available in adequate supply from a number of sources though the prices of these raw materials have recently increased as a result of inflation and supply chain issues.
10-K · Mar 26, 2026
Product pipeline and R&Dmixed · 1 filings
Income Tax Expense Income tax expense increased $330, or 21.7%, from $1,520 for the nine months ended September 30, 2024 to $1,850 for the nine months ended September 30, 2025 primarily due a one-time adjustment to reverse previously recorded deferred tax ass…
10-Q · Nov 12, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 4.8× · EV/sales 4.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

79.44+3.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for MPTI. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for MPTI. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind MPTI

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

CETIFiling-linked namepartnerMar 26, 2026

To further its cybersecurity efforts, Mtron has partnered with several external entities including: • A commercial threat feed integrated with our perimeter security devices in partnership with the Defense Cyber Crime Center.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

MPTI is currently a Follower in the organic co-movement group Drone and Robotics Tech. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for MPTI; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.