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← CockpitCompetitor Analysis › ELMT Elmet Group Co.Open in the cockpit ↗

Elmet Group Co.ELMTCompetitor analysis, valuation and peers

United States · USD·Industrials›Metal Fabrication
Momentum leader 83
Mkt cap
$598M
US dollars, full cap
Free float
38%
of shares outstanding
$/day
$9.69M
20-day average traded
Fwd P/E
40.9×
forward earnings
ROIC−WACC
+0.5 pp
WACC 6.3%
Hurdle
+16 pp
Req g minus delivered
Next earnings
4 days
10 Nov 2026
Close · USD$19.62
1D+13.8%
1W-15.4%
1M-4.1%
3M+16.4%
6M+27.8%
YTDn/a
1Yn/a
ATR %9.9%
52w lowhigh22.9% off high

What Elmet does

Employees: 541

Elmet at a glance

Size Elmet (ELMT) is a United States Industrials company (Metal Fabrication) with a market value of $598M, the 2582nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.62 on 6 Nov 2026.

Performance Over six months the shares gained 27.8%, against -24.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 5.9% over the last twelve months (peer median +13.4%); the operating margin is 6.0% (peer median 8.4%).

Valuation It trades at 40.9× forward earnings against a peer median of 15.9× (2nd most expensive of 16).

Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 0.5 points above its cost of capital (6.3% WACC).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026ELMT 125Peer median 76
Six months, rebased to 100: Elmet against the median of its 20 peers (local-currency closes).

Elmet financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024
Revenuen/a$202M$190M
Revenue growth—+6%—
Gross profitn/a$39.7M$38.9M
EBITDAn/a$18.1M$19.6M
Net incomen/a$4.37M$11.8M
Free cash flown/a$305,000$16.2M
Capital expendituren/a$10.4M$6.05M
Total debt$22.8M$64.7M$61.6M

Quarterly statements and history in the cockpit →

Elmet competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-40%-20%0%2476688786001380002846300611AKVAPKOH30126830366882106584300885301141605286ROLEXRINGS3006526480TIILVARVELMT6-month return →1-month return →
Up and to the right = strong over both horizons. Elmet is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%20×40×688786001380002846300611AKVAPKOH30126830366882106584605286ROLEXRINGS6480ELMTRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Elmet is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%2476688786001380002846AKVAPKOH301268300885ROLEXRINGS6480TIILVARVELMTGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Elmet is the large dot.

Elmet competitors and peer comparison

How Elmet compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Elmet against its 20 peers (data as of 6 Nov 2026)
MeasureELMTPeer medianRank in peer set
1-month return-4.1%-10.4%8th highest of 21
6-month return+27.8%-24.3%3rd highest of 21
Distance from 52-week high-22.9%-52.2%6th highest of 21
Revenue growth (TTM)+5.9%+13.4%7th lowest of 21
Operating margin6.0%8.4%8th lowest of 21
Forward P/E40.9×15.9×2nd most expensive of 16
Growth the price implies (Req g, 7 yrs)21.9%16.5%5th most demanding of 13
Growth delivered (Del g)+5.9%+10.2%4th lowest of 13
Hurdle (Req g minus delivered)+16.0 pp+5.7 pp3rd most demanding of 13
ROIC minus cost of capital+0.5 pp-0.5 pp9th highest of 21
EV / EBITDA30.3×12.0×3rd most expensive of 13
Net debt / EBITDA-2.7×0.7×3rd least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Elmet ELMTUnited States$598M+28%+6%6%40.9×21.9%+5.9%
G-SHANK Enterprise 2476.TWTaiwan$599M-22%+24%19%n/a-0.1%+9.3%
Jiangxi Yuean Advanced Materials 688786.SSChina$587M-13%+12%21%30.1×24.8%+11.2%
Hwaway Technology 001380.SZChina$586M-24%+7%11%15.6×1.3%+30.4%
Guangdong Enpack Packaging 002846.SZChina$609M-37%+20%3%53.7×18.4%+11.4%
Zhejiang Meili High Technology 300611.SZChina$586M-25%+80%8%10.9×n/an/a
AKVA AKVA.OLNorway$618M+18%+14%7%28.0×3.7%+6.7%
Park-Ohio PKOHUnited States$629M+41%+3%5%11.8×8.6%+4.3%
Shenzhen Minglida Precision Technology 301268.SZChina$630M-53%+26%-5%28.9×40.9%+18.4%
ALCONIX 3036.TJapan$566M+19%+18%6%13.6×n/an/a
Shenzhen Pacific Union Precision Manufacturing 688210.SSChina$565M-48%-16%-14%38.9×n/an/a
Nan Juen International 6584.TWOTaiwan$633M-59%+44%27%15.9×n/an/a
Yangzhou Seashine New Materials 300885.SZChina$637M-40%+39%22%n/a24.7%+4.3%
Zhejiang Zhongke Magnetic Industry 301141.SZChina$638M-35%+22%1%n/an/an/a
Jiangsu Tongli Tianqi Technology 605286.SSChina$559M-46%-23%-14%7.9×n/an/a
Rolex Rings ROLEXRINGS.NSIndia$558M+36%+2%17%24.3×27.0%+13.2%
HangZhou Radical Energy Saving Technology 300652.SZChina$554M-30%-13%10%n/an/an/a
Nippon Thompson 6480.TJapan$553M+12%+21%9%8.7×14.5%+7.3%
Shanghai Zhongzhou Special Alloy Materials 300963.SZChina$651M-44%+1%8%n/an/an/a
Technocraft Industries (India) TIIL.NSIndia$655M+9%+12%14%16.0×18.5%+16.3%
SBE-Varvit VARV.MIItaly$663M-7%+11%12%15.1×-0.9%-4.6%

Questions

Which companies are Elmet's closest peers?
The cockpit's peer set: G-SHANK Enterprise (2476.TW), Jiangxi Yuean Advanced Materials (688786.SS), Hwaway Technology (001380.SZ), Guangdong Enpack Packaging (002846.SZ), Zhejiang Meili High Technology (300611.SZ), AKVA (AKVA.OL), Park-Ohio (PKOH), Shenzhen Minglida Precision Technology (301268.SZ).
Is Elmet expensive compared with its peers?
On forward p/e it trades at 40.9× against a peer median of 15.9×, 2nd most expensive of 16 in its peer set. For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Elmet stock performed?
Over six months to 6 Nov 2026 the shares returned +27.8% against -24.3% for the median peer.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.