Employees: 4,800
Size Mistras (MG) is a United States Industrials company (Engineering & Construction) with a market value of $642M, the 2547th largest of 3,117 United States companies the cockpit tracks. Shares closed at $20.16 on 6 Nov 2026.
Performance Over six months the shares gained 14.3%, against -17.3% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 4.6% over the last twelve months (peer median +13.9%); the operating margin is 7.4% (peer median 9.3%).
Valuation It trades at 16.4× forward earnings against a peer median of 11.8× (3rd most expensive of 12).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +3 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 1.3 points above its cost of capital (8.6% WACC).
Short interest Short interest is 2.3% of the free float (15 Oct 2026).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $748M | $724M | $730M | $705M | $687M |
| Revenue growth | — | -1% | +3% | +3% | — |
| Gross profit | $204M | $194M | $181M | $194M | $188M |
| EBITDA | $89.3M | $86.0M | $79.2M | $65.8M | $52.0M |
| Net income | $20.8M | $16.8M | $19.0M | -$17.5M | $6.50M |
| Free cash flow | $33.7M | $8.31M | $32.2M | $5.89M | $13.8M |
| Capital expenditure | $35.0M | $29.2M | $23.0M | $23.6M | $13.4M |
| Total debt | $214M | $243M | $232M | $246M | $244M |
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.
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.
| Measure | MG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.6% | -6.7% | 8th highest of 21 |
| 6-month return | +14.3% | -17.3% | 4th highest of 21 |
| Distance from 52-week high | -8.0% | -35.0% | 4th highest of 21 |
| Revenue growth (TTM) | +4.6% | +13.9% | 6th lowest of 21 |
| Operating margin | 7.4% | 9.3% | 6th lowest of 21 |
| Forward P/E | 16.4× | 11.8× | 3rd most expensive of 12 |
| Growth the price implies (Req g, 7 yrs) | 7.6% | -0.4% | 5th most demanding of 15 |
| Growth delivered (Del g) | +4.1% | +8.2% | 7th lowest of 15 |
| Hurdle (Req g minus delivered) | +3.5 pp | -10.7 pp | 4th most demanding of 15 |
| ROIC minus cost of capital | +1.3 pp | +1.9 pp | 11th highest of 21 |
| EV / EBITDA | 9.4× | 6.9× | 6th most expensive of 14 |
| Net debt / EBITDA | 2.2× | -0.5× | 5th most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mistras MG | United States | $642M | +14% | +5% | 7% | 16.4× | 7.6% | +4.1% |
| Techno Ryowa 1965.T | Japan | $644M | +12% | +14% | 16% | n/a | -11.0% | +12.5% |
| Cloudberry Clean Energy CLOUD.OL | Norway | $645M | +2% | +79% | 14% | 14.4× | 41.7% | +168.9% |
| Cecep Guozhen Environmental Protection Technology 300388.SZ | China | $632M | -22% | +5% | 18% | 11.8× | -2.0% | -1.0% |
| COFCO Technology & Industry 301058.SZ | China | $630M | -17% | +3% | 8% | 17.2× | -3.5% | +8.4% |
| PS Construction 1871.T | Japan | $656M | -17% | +6% | 9% | n/a | n/a | n/a |
| Transrail Lighting TRANSRAILL.NS | India | $628M | -25% | +14% | 11% | 10.5× | 5.9% | +25.9% |
| Shenzhen Grandland 002482.SZ | China | $658M | -32% | +46% | -4% | n/a | 24.9% | -33.5% |
| Limbach LMB | United States | $627M | -36% | +21% | 6% | 11.7× | 12.6% | +2.6% |
| Chong Hong Development 5534.TW | Taiwan | $625M | -16% | -18% | 24% | 2.8× | n/a | n/a |
| Boustead Singapore F9D.SI | Singapore | $662M | -35% | +18% | 12% | 9.3× | -11.4% | -1.9% |
| Kingfore Energy 001210.SZ | China | $662M | +32% | +15% | 12% | n/a | 13.4% | +9.6% |
| CTI Engineering 9621.T | Japan | $619M | +22% | +8% | 9% | 12.0× | -9.0% | +9.2% |
| Beijing SPC Environment Protection Tech 002573.SZ | China | $619M | -22% | +1% | -2% | n/a | 5.2% | +13.7% |
| Global Chinese Business Club 1757.HK | Hong Kong | $610M | -78% | +121% | 1% | n/a | n/a | n/a |
| Yokogawa Bridge 5911.T | Japan | $679M | -6% | +4% | 8% | 12.9× | -12.8% | +1.1% |
| Yondenko 1939.T | Japan | $685M | +10% | +7% | 11% | n/a | 1.1% | +2.1% |
| Dilip Buildcon DBL.NS | India | $688M | -17% | -19% | 16% | 25.7× | n/a | n/a |
| Hainan Expressway 000886.SZ | China | $598M | -27% | +185% | -12% | n/a | n/a | n/a |
| Cardinal Infrastructure CDNL | United States | $691M | -73% | +90% | 8% | 6.8× | n/a | n/a |
| Da-Cin Construction 2535.TW | Taiwan | $693M | +23% | +36% | 8% | n/a | -10.6% | +7.9% |