SCI Engineered Materials, Inc. (SCIA) May 2024 Earnings Report
SCI Engineered Materials Inc.: Investment Report
Overview
SCI Engineered Materials Inc. is a US-based company that manufactures and supplies materials for physical vapor deposition thin film applications. The company's materials are used in various industries, including semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics. As a key player in the semiconductor equipment and materials industry, we believe it is essential to delve into the company's financial performance, growth prospects, and recent news to provide a comprehensive investment report.
Core Metrics
- Current price: $5.2
- 52-week high: $5.65
- 52-week low: $3.59
- Market Cap: $23.60 million
- P/E Ratio: 10.83
- Earnings per Share: $0.48
- 50-day average: $5.2928
- 200-day average: $4.80925
- Analyst Recommendations: none
Financial Performance
SCI Engineered Materials Inc. has demonstrated a decent financial performance in recent times. The company's revenue growth stands at 0.45, indicating a moderate increase in revenue. The gross margins and EBITDA margins are 17.46% and 9.63%, respectively, which are relatively stable. The company's operating cash flow is $1,549,821, and the free cash flow is $254,767. The EBITDA stands at $2,946,239, indicating a healthy profit margin.
Growth Prospects
SCI Engineered Materials Inc. operates in a niche industry with limited competition, which provides an opportunity for growth. The increasing demand for advanced materials in various industries, including semiconductors and renewable energy, is expected to drive the company's growth prospects. However, the company needs to focus on expanding its product portfolio and geographical presence to capitalize on the growing demand.
News and Updates
The recent news articles about the company are primarily related to weather-related events, such as tornadoes in the Midwest region of the United States. These events may have a short-term impact on the company's operations, but they do not affect the company's long-term growth prospects. There have been no significant news articles or updates about the company's financial performance or operations.
Upgrades and Downgrades
There have been no recent upgrades or downgrades from any firms.
Summary
In conclusion, SCI Engineered Materials Inc. is a company with a stable financial performance and moderate growth prospects. The company operates in a niche industry with limited competition, providing an opportunity for growth. However, the company needs to focus on expanding its product portfolio and geographical presence to capitalize on the growing demand. We recommend a "hold" rating for the stock, as the company's growth prospects are moderate, and the current valuation is reasonable.