Intrinsic value of Minerals Technologies - MTX

Previous Close

$66.85

  Intrinsic Value

$66.27

stock screener

  Rating & Target

hold

-1%

Previous close

$66.85

 
Intrinsic value

$66.27

 
Up/down potential

-1%

 
Rating

hold

We calculate the intrinsic value of MTX stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.3

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
  4.87
Revenue, $m
  1,715
  1,759
  1,808
  1,863
  1,923
  1,989
  2,059
  2,136
  2,218
  2,305
  2,399
  2,499
  2,605
  2,717
  2,836
  2,962
  3,095
  3,236
  3,385
  3,542
  3,707
  3,882
  4,065
  4,259
  4,463
  4,677
  4,903
  5,140
  5,390
  5,653
Variable operating expenses, $m
  721
  737
  755
  775
  797
  821
  847
  875
  904
  936
  873
  909
  947
  988
  1,032
  1,077
  1,126
  1,177
  1,231
  1,288
  1,349
  1,412
  1,479
  1,549
  1,623
  1,701
  1,783
  1,870
  1,961
  2,056
Fixed operating expenses, $m
  758
  775
  792
  809
  827
  845
  864
  883
  903
  922
  943
  963
  985
  1,006
  1,028
  1,051
  1,074
  1,098
  1,122
  1,147
  1,172
  1,198
  1,224
  1,251
  1,278
  1,307
  1,335
  1,365
  1,395
  1,425
Total operating expenses, $m
  1,479
  1,512
  1,547
  1,584
  1,624
  1,666
  1,711
  1,758
  1,807
  1,858
  1,816
  1,872
  1,932
  1,994
  2,060
  2,128
  2,200
  2,275
  2,353
  2,435
  2,521
  2,610
  2,703
  2,800
  2,901
  3,008
  3,118
  3,235
  3,356
  3,481
Operating income, $m
  235
  246
  261
  278
  299
  322
  349
  378
  411
  447
  584
  626
  672
  722
  776
  833
  895
  961
  1,032
  1,107
  1,187
  1,272
  1,362
  1,459
  1,561
  1,669
  1,784
  1,906
  2,035
  2,171
EBITDA, $m
  541
  558
  578
  602
  630
  661
  696
  735
  778
  825
  875
  930
  989
  1,052
  1,120
  1,193
  1,271
  1,354
  1,443
  1,537
  1,637
  1,744
  1,856
  1,976
  2,103
  2,237
  2,380
  2,530
  2,689
  2,858
Interest expense (income), $m
  57
  52
  54
  57
  60
  63
  66
  69
  73
  77
  82
  87
  92
  97
  103
  109
  116
  122
  130
  137
  145
  154
  163
  172
  183
  193
  204
  216
  228
  241
  255
Earnings before tax, $m
  183
  192
  204
  219
  236
  256
  279
  305
  333
  365
  497
  535
  575
  619
  667
  718
  773
  831
  894
  961
  1,033
  1,109
  1,190
  1,276
  1,368
  1,465
  1,568
  1,678
  1,794
  1,916
Tax expense, $m
  49
  52
  55
  59
  64
  69
  75
  82
  90
  99
  134
  144
  155
  167
  180
  194
  209
  224
  241
  260
  279
  299
  321
  345
  369
  396
  423
  453
  484
  517
Net income, $m
  133
  140
  149
  160
  172
  187
  204
  223
  243
  266
  363
  390
  420
  452
  487
  524
  564
  607
  653
  702
  754
  810
  869
  932
  998
  1,069
  1,145
  1,225
  1,309
  1,399

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,040
  3,118
  3,206
  3,303
  3,410
  3,526
  3,651
  3,787
  3,932
  4,088
  4,254
  4,430
  4,618
  4,817
  5,028
  5,252
  5,488
  5,738
  6,001
  6,280
  6,573
  6,882
  7,208
  7,551
  7,912
  8,293
  8,693
  9,114
  9,557
  10,022
Adjusted assets (=assets-cash), $m
  3,040
  3,118
  3,206
  3,303
  3,410
  3,526
  3,651
  3,787
  3,932
  4,088
  4,254
  4,430
  4,618
  4,817
  5,028
  5,252
  5,488
  5,738
  6,001
  6,280
  6,573
  6,882
  7,208
  7,551
  7,912
  8,293
  8,693
  9,114
  9,557
  10,022
Revenue / Adjusted assets
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
Average production assets, $m
  2,083
  2,137
  2,197
  2,263
  2,336
  2,416
  2,502
  2,595
  2,695
  2,801
  2,915
  3,036
  3,165
  3,301
  3,446
  3,599
  3,761
  3,932
  4,112
  4,303
  4,504
  4,716
  4,939
  5,174
  5,422
  5,683
  5,957
  6,245
  6,549
  6,868
Working capital, $m
  41
  42
  43
  45
  46
  48
  49
  51
  53
  55
  58
  60
  63
  65
  68
  71
  74
  78
  81
  85
  89
  93
  98
  102
  107
  112
  118
  123
  129
  136
Total debt, $m
  1,008
  1,053
  1,103
  1,158
  1,219
  1,285
  1,356
  1,433
  1,516
  1,604
  1,699
  1,799
  1,906
  2,019
  2,140
  2,267
  2,401
  2,543
  2,693
  2,852
  3,018
  3,194
  3,380
  3,575
  3,781
  3,997
  4,225
  4,464
  4,716
  4,981
Total liabilities, $m
  1,730
  1,774
  1,824
  1,879
  1,940
  2,006
  2,078
  2,155
  2,237
  2,326
  2,420
  2,521
  2,628
  2,741
  2,861
  2,988
  3,123
  3,265
  3,415
  3,573
  3,740
  3,916
  4,101
  4,297
  4,502
  4,719
  4,946
  5,186
  5,438
  5,703
Total equity, $m
  1,310
  1,344
  1,382
  1,424
  1,470
  1,520
  1,574
  1,632
  1,695
  1,762
  1,833
  1,909
  1,990
  2,076
  2,167
  2,263
  2,365
  2,473
  2,587
  2,706
  2,833
  2,966
  3,107
  3,255
  3,410
  3,574
  3,747
  3,928
  4,119
  4,320
Total liabilities and equity, $m
  3,040
  3,118
  3,206
  3,303
  3,410
  3,526
  3,652
  3,787
  3,932
  4,088
  4,253
  4,430
  4,618
  4,817
  5,028
  5,251
  5,488
  5,738
  6,002
  6,279
  6,573
  6,882
  7,208
  7,552
  7,912
  8,293
  8,693
  9,114
  9,557
  10,023
Debt-to-equity ratio
  0.770
  0.780
  0.800
  0.810
  0.830
  0.850
  0.860
  0.880
  0.890
  0.910
  0.930
  0.940
  0.960
  0.970
  0.990
  1.000
  1.020
  1.030
  1.040
  1.050
  1.070
  1.080
  1.090
  1.100
  1.110
  1.120
  1.130
  1.140
  1.150
  1.150
Adjusted equity ratio
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431
  0.431

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  133
  140
  149
  160
  172
  187
  204
  223
  243
  266
  363
  390
  420
  452
  487
  524
  564
  607
  653
  702
  754
  810
  869
  932
  998
  1,069
  1,145
  1,225
  1,309
  1,399
Depreciation, amort., depletion, $m
  306
  311
  317
  324
  331
  339
  348
  357
  367
  378
  291
  304
  316
  330
  345
  360
  376
  393
  411
  430
  450
  472
  494
  517
  542
  568
  596
  625
  655
  687
Funds from operations, $m
  439
  451
  466
  484
  504
  526
  552
  580
  611
  644
  654
  694
  736
  782
  831
  884
  940
  1,000
  1,064
  1,132
  1,204
  1,281
  1,363
  1,449
  1,541
  1,638
  1,740
  1,849
  1,964
  2,086
Change in working capital, $m
  1
  1
  1
  1
  1
  2
  2
  2
  2
  2
  2
  2
  3
  3
  3
  3
  3
  3
  4
  4
  4
  4
  4
  5
  5
  5
  5
  6
  6
  6
Cash from operations, $m
  438
  450
  465
  482
  502
  525
  550
  578
  609
  642
  652
  691
  734
  780
  829
  881
  937
  997
  1,060
  1,128
  1,200
  1,277
  1,358
  1,444
  1,536
  1,633
  1,735
  1,843
  1,958
  2,079
Maintenance CAPEX, $m
  -204
  -208
  -214
  -220
  -226
  -234
  -242
  -250
  -260
  -269
  -280
  -291
  -304
  -316
  -330
  -345
  -360
  -376
  -393
  -411
  -430
  -450
  -472
  -494
  -517
  -542
  -568
  -596
  -625
  -655
New CAPEX, $m
  -47
  -54
  -60
  -67
  -73
  -80
  -86
  -93
  -100
  -107
  -114
  -121
  -129
  -137
  -145
  -153
  -162
  -171
  -181
  -191
  -201
  -212
  -223
  -235
  -248
  -261
  -274
  -288
  -303
  -319
Cash from investing activities, $m
  -251
  -262
  -274
  -287
  -299
  -314
  -328
  -343
  -360
  -376
  -394
  -412
  -433
  -453
  -475
  -498
  -522
  -547
  -574
  -602
  -631
  -662
  -695
  -729
  -765
  -803
  -842
  -884
  -928
  -974
Free cash flow, $m
  187
  188
  191
  196
  203
  211
  222
  235
  249
  266
  258
  279
  302
  327
  354
  383
  415
  450
  487
  526
  569
  615
  663
  715
  771
  830
  893
  959
  1,030
  1,105
Issuance/(repayment) of debt, $m
  38
  44
  50
  55
  61
  66
  72
  77
  83
  88
  94
  101
  107
  113
  120
  127
  134
  142
  150
  158
  167
  176
  185
  195
  206
  216
  228
  240
  252
  265
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  38
  44
  50
  55
  61
  66
  72
  77
  83
  88
  94
  101
  107
  113
  120
  127
  134
  142
  150
  158
  167
  176
  185
  195
  206
  216
  228
  240
  252
  265
Total cash flow (excl. dividends), $m
  226
  233
  241
  251
  263
  278
  294
  312
  332
  354
  353
  379
  408
  440
  474
  510
  550
  592
  637
  685
  736
  791
  849
  911
  976
  1,046
  1,120
  1,199
  1,282
  1,370
Retained Cash Flow (-), $m
  -31
  -34
  -38
  -42
  -46
  -50
  -54
  -58
  -63
  -67
  -72
  -76
  -81
  -86
  -91
  -96
  -102
  -108
  -114
  -120
  -126
  -133
  -140
  -148
  -156
  -164
  -172
  -181
  -191
  -201
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  8
  9
  9
  9
  9
  10
  10
  10
  11
  11
  12
  12
  12
  13
  14
  14
  15
  15
  16
  17
  18
  19
  19
  20
  21
  22
  23
  25
  26
  27
Cash available for distribution, $m
  195
  199
  203
  209
  217
  228
  240
  254
  270
  287
  281
  303
  328
  354
  383
  414
  448
  484
  523
  565
  610
  657
  708
  763
  821
  882
  948
  1,017
  1,091
  1,170
Discount rate, %
  5.90
  6.20
  6.50
  6.83
  7.17
  7.53
  7.91
  8.30
  8.72
  9.15
  9.61
  10.09
  10.60
  11.13
  11.68
  12.27
  12.88
  13.52
  14.20
  14.91
  15.65
  16.44
  17.26
  18.12
  19.03
  19.98
  20.98
  22.03
  23.13
  24.29
PV of cash for distribution, $m
  184
  177
  168
  161
  154
  147
  141
  134
  127
  120
  102
  96
  88
  81
  73
  65
  57
  49
  42
  35
  29
  23
  18
  14
  11
  8
  6
  4
  3
  2
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc. The Performance Materials segment is a supplier of bentonite and bentonite-related products to industrial and consumer markets globally. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment. The Energy Services segment offers a range of services to improve the production, costs, compliance and environmental impact of activities performed in the oil and gas industry.

FINANCIAL RATIOS  of  Minerals Technologies (MTX)

Valuation Ratios
P/E Ratio 17.6
Price to Sales 1.4
Price to Book 2.3
Price to Tangible Book
Price to Cash Flow 10.4
Price to Free Cash Flow 14.4
Growth Rates
Sales Growth Rate -8.9%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -27.9%
Cap. Spend. - 3 Yr. Gr. Rate 7.1%
Financial Strength
Quick Ratio 15
Current Ratio 0
LT Debt to Equity 106.3%
Total Debt to Equity 107.5%
Interest Coverage 4
Management Effectiveness
Return On Assets 6.1%
Ret/ On Assets - 3 Yr. Avg. 5.1%
Return On Total Capital 6.2%
Ret/ On T. Cap. - 3 Yr. Avg. 5.6%
Return On Equity 13.9%
Return On Equity - 3 Yr. Avg. 12.3%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 28.1%
Gross Margin - 3 Yr. Avg. 26.5%
EBITDA Margin 19.5%
EBITDA Margin - 3 Yr. Avg. 15.6%
Operating Margin 13.5%
Oper. Margin - 3 Yr. Avg. 11.3%
Pre-Tax Margin 10.4%
Pre-Tax Margin - 3 Yr. Avg. 8.3%
Net Profit Margin 8.1%
Net Profit Margin - 3 Yr. Avg. 6.5%
Effective Tax Rate 20.6%
Eff/ Tax Rate - 3 Yr. Avg. 21%
Payout Ratio 5.3%

MTX stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the MTX stock intrinsic value calculation we used $1676 million for the last fiscal year's total revenue generated by Minerals Technologies. The default revenue input number comes from 2017 income statement of Minerals Technologies. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our MTX stock valuation model: a) initial revenue growth rate of 2.3% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 5.9%, whose default value for MTX is calculated based on our internal credit rating of Minerals Technologies, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Minerals Technologies.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of MTX stock the variable cost ratio is equal to 42.2%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $742 million in the base year in the intrinsic value calculation for MTX stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Minerals Technologies.

Corporate tax rate of 27% is the nominal tax rate for Minerals Technologies. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the MTX stock is equal to 0.5%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for MTX are equal to 121.5%.

Life of production assets of 10 years is the average useful life of capital assets used in Minerals Technologies operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for MTX is equal to 2.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1279 million for Minerals Technologies - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 35 million for Minerals Technologies is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Minerals Technologies at the current share price and the inputted number of shares is $2.3 billion.

RELATED COMPANIES Price Int.Val. Rating
SCL Stepan 87.50 75.30  hold
OLN Olin 29.50 40.52  buy

COMPANY NEWS

▶ Minerals Technologies: 2Q Earnings Snapshot   [05:06AM  Associated Press]
▶ Minerals Technologies Inc. Declares Quarterly Dividend   [Jul-18-18 08:01AM  GlobeNewswire]
▶ Is It Too Late To Buy Minerals Technologies Inc (NYSE:MTX)?   [Jun-24-18 10:02AM  Simply Wall St.]
▶ Minerals Technologies Inc. Declares Quarterly Dividend   [May-16-18 09:45AM  GlobeNewswire]
▶ Minerals Technologies: 1Q Earnings Snapshot   [May-04-18 05:03AM  Associated Press]
▶ 3 Stocks to Snap Up on New Analyst Coverage   [Apr-20-18 10:05AM  InvestorPlace]
▶ 3 Stocks to Snap Up on New Analyst Coverage   [Apr-19-18 10:09AM  Zacks]
▶ Minerals Technologies posts 4Q profit   [Feb-01-18 06:05PM  Associated Press]
▶ Minerals Technologies Inc. Declares Quarterly Dividend   [Jan-24-18 08:23AM  GlobeNewswire]
▶ Minerals Technologies Inc. Declares Quarterly Dividend   [Nov-15-17 08:06AM  GlobeNewswire]
▶ Minerals Technologies beats 3Q profit forecasts   [Nov-06-17 05:39AM  Associated Press]
▶ Minerals Technologies misses 2Q profit forecasts   [Aug-05-17 01:12AM  Associated Press]
▶ Minerals Technologies Inc. Declares Quarterly Dividend   [Jul-19-17 08:18AM  GlobeNewswire]
▶ Minerals Technologies Inc. Declares Quarterly Dividend   [May-16-17 08:56AM  GlobeNewswire]
▶ Minerals Technologies beats 1Q profit forecasts   [May-04-17 07:33PM  Associated Press]
▶ Minerals Technologies beats 4Q profit forecasts   [Feb-02-17 06:14PM  Associated Press]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.