Minerals Technologies Stock Fair Value – Minerals Technologies to Lead Bentonite Powder Market Growth to 2030

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Minerals Technologies ($NYSE:MTX) Inc. (MTI) is a leading provider of industrial minerals, including bentonite, calcium carbonate, and talc. This growth is largely attributed to Amcol’s Bentonite Performance Minerals division, a subsidiary of MTI. Amcol’s Bentonite Performance Minerals offers a wide range of bentonite products for various industries such as oil and gas drilling, foundry products and paper packaging. These products are used to improve water absorption, reduce settling time, and reduce dry density in drilling fluids and other applications.

Amcol’s team of experts also provides technical support to customers to ensure the best performance of their products. With the increasing demand for bentonite powder, MTI is expected to continue its leadership role in the market by continuing to innovate and provide superior quality products and services.

Market Price

Minerals Technologies Inc. (MTI) is poised to become a major player in the bentonite powder market, with growth projected to last until 2030. On Tuesday, MTI’s stock opened at $62.1 and closed at $62.0, down by 0.8% from the previous closing price of 62.5. The company has made several strategic moves that position them to capitalize on this expected market boom. MTI has made several acquisitions in the last few years that will enable them to leverage their existing resources to expand their bentonite powder production offerings. They have also increased their research and development budgets to ensure they are always ahead of the market’s needs.

In addition, they have tapped into global markets, giving them access to new and growing customer bases. All of these factors are predicted to contribute to MTI’s success in the bentonite powder market and lead to increasing profits until 2030. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Minerals Technologies. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Minerals Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Minerals Technologies are shown below. More…

Analysis – Minerals Technologies Stock Fair Value

After conducting a thorough analysis of MINERALS TECHNOLOGIES‘ fundamentals, GoodWhale has determined that the fair value of this stock is approximately $80.5. This figure is calculated using our proprietary Valuation Line, which takes into account factors such as book value, return on equity, dividend yield and price to earnings ratio. Currently, MINERALS TECHNOLOGIES stock is trading at a price of $62.0, meaning the stock is undervalued by 23.0%. We recommend that investors take advantage of this opportunity and buy the stock while it is still trading at a discounted price. More…

Peers

The company’s products are used in a variety of industries including building & construction, transportation, ceramics & glass, and more. The company has a wide range of competitors including Cabot Corp, Borregaard ASA, and Koppers Holdings Inc.

– Cabot Corp ($NYSE:CBT)

Cabot Corporation is a leading global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in five segments: Carbon Black, Reinforcement Materials, Specialty Fluids, Purification Solutions, and Performance Chemicals. Cabot’s products are used in a variety of applications, including tires, plastics, textiles, inks, coatings, and adhesives. The company has approximately 3,700 employees and operates in more than 30 countries.

As of 2022, Cabot Corporation had a market capitalization of 4.15 billion dollars. The company’s return on equity was 27.26%. Cabot Corporation is a leading global specialty chemicals and performance materials company. The company’s products are used in a variety of applications, including tires, plastics, textiles, inks, coatings, and adhesives. Cabot Corporation has approximately 3,700 employees and operates in more than 30 countries.

– Borregaard ASA ($OTCPK:BRRDF)

Borregaard ASA is a Norwegian chemical company. The company produces chemicals and bio-based products derived from wood. Its products are used in a variety of industries, including paper, food and beverage, construction, textiles, and cosmetics. The company has a market cap of 1.42B as of 2022 and a return on equity of 17.66%.

– Koppers Holdings Inc ($NYSE:KOP)

Koppers Holdings Inc is a chemical and wood products company with a market cap of 591.83M as of 2022. The company has a Return on Equity of 26.29%. Koppers Holdings Inc produces a variety of treated wood products, chemicals, and coke. The company’s products are used in a variety of applications, including the construction, transportation, and industrial sectors.

Summary

Key factors driving the market growth include increasing demand from various end-use industries such as construction, paper, and oil and gas.

Additionally, rising demand for metal casting and drilling muds is expected to further propel the growth of the market. The mineral Technologies segment is expected to witness substantial growth due to its wide range of applications in iron ore pelletization, alumina, aluminum production, and other industrial activities. The increasing demand from the construction and automotive industries is also adding to the growth of the segment. Moreover, investments in exploration activities by key players are expected to drive the market further in the forecast years.