SCI Engineered Materials, Inc. (SCIA) May 2024 Earnings Report

SCI Engineered Materials Inc.: Investment Report

Overview

SCI Engineered Materials Inc. (SCIA) is a US-based manufacturer and supplier of materials for physical vapor deposition thin-film applications. With a market capitalization of $23.4 million, SCIA operates in the semiconductor equipment and materials industry, serving domestic and multinational corporations, universities, and research institutions. SCIA's materials are used to produce advanced material systems, decorative coatings, and other electronic, photonic, and semiconductor products. This report provides an in-depth analysis of SCIA's current performance, growth prospects, and market trends to help investors make informed decisions.

Core Metrics

  • Current price: $5.16
  • 52-week high: $5.65
  • 52-week low: $3.59
  • Market Cap: $23.41 million
  • P/E Ratio: 10.75
  • Earnings per Share (EPS): $0.48
  • 50-day average: $5.30
  • 200-day average: $4.79
  • Analyst Recommendations: None

Financial Performance

SCIA's financial performance has been steady, with revenue growth of 0.45% and gross margins of 17.46%. The company has a strong balance sheet with $5.96 million in total cash and $2.55 million in free cash flow. Operating cash flow stands at $1.55 million, and EBITDA margins are at 9.63%. SCIA's financials indicate a stable and profitable business, but growth is essential to drive future expansion.

Growth Prospects

SCIA's growth prospects are tied to the semiconductor and technology industries. The company's ability to innovate and adapt to changing demand is crucial in this space. With a strong balance sheet and stable cash flow, SCIA is well-positioned to invest in research and development, expand its product offerings, and capitalize on emerging trends in the industry. However, the company's growth will also depend on its ability to address potential risks, such as supply chain disruptions and fluctuations in demand.

News and Updates

Recent news articles related to SCIA are mostly unrelated to the company's direct operations. However, they highlight the company's presence in various industries, such as semiconductors and technology. This lack of company-specific news may indicate a lack of market-moving events, but it also provides a stable backdrop for investors to assess the company's fundamentals.

Upgrades and Downgrades

There have been no recent upgrades or downgrades from analysts, indicating a lack of significant changes in the company's prospects. This stability can be beneficial for investors looking for a steady, long-term investment opportunity.

Summary

In conclusion, SCI Engineered Materials Inc. is a stable company with a strong balance sheet and profitable operations. While growth prospects are tied to the semiconductor and technology industries, the company's ability to innovate and adapt will be crucial in driving future expansion. With no recent analyst recommendations, investors can focus on the company's fundamentals and assess its potential as a long-term investment opportunity.