Added to YB: 2026-08-19
Pitch date: 2026-08-17
ELMT [neutral]
The Elmet Group Co.
Author Info
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Company Info
The Elmet Group Co. manufactures and sells precision-engineered components and high-energy systems for the aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy industries.
Market Cap
$573.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.45
P/E
-206.97
EV/Sales
2.30
Sector
Machinery
Category
growth
Five More Earnings Updates! The Elmet Group Co.
ELMT (earnings): Q2 rev +35.2% to $66.4M, adj EBITDA +57.9% to $8.9M, record backlog $131.5M (+55% YoY). GAAP -$4.5M loss on IPO SBC; adj NI $5.2M. Clean operating EBITDA rose ~70% seq to $9.3M (14% margin) ex-EQR paper gains. Tungsten spike aided CMC but hurt EMP margins. Defense appropriation cycle & Mo restrictions still not in backlog. OCF -$7.6M on inventory build to $102.4M; net cash $60.6M. Material weaknesses persist. Now 16.1x TTM adj EBITDA, 2.2x rev at $18.82 — cheaper than July writeup.
Read full article (4 min)