SCI Engineered Materials, Inc. (SCIA) May 2024 Earnings Report
SCI Engineered Materials Inc.: Investment Report
Overview
SCI Engineered Materials Inc. (SCIA) is a leading manufacturer and supplier of materials for physical vapor deposition thin film applications. With a market capitalization of $23.6 million, SCIA is a small-cap stock that operates in the semiconductor equipment and materials industry. As the demand for advanced materials in the tech industry continues to grow, SCIA is well-positioned to capitalize on this trend. In this report, we'll delve into the company's financial performance, growth prospects, and recent news to determine if SCIA is a compelling investment opportunity.
Core Metrics
- Current price: $5.20
- 52-week high: $5.65
- 52-week low: $3.59
- Market Cap: $23.6 million
- P/E Ratio: 10.83
- Earnings per Share: $0.48
- 50-day average: $5.29
- 200-day average: $4.81
- Analyst Recommendations: None
Financial Performance
SCIA's financial performance has been stable, with revenue growth of 0.45%. The company's gross margins stand at 0.17464, and EBITDA margins are 0.09631. The company has a strong balance sheet with $5.97 million in cash and total cash flow of $1.54 million. The operating cash flow is $2.55 million, and EBITDA is $2.94 million.
Growth Prospects
The demand for advanced materials in the tech industry is expected to continue growing, driven by the increasing need for semiconductors, thin-film solar panels, and flat-panel displays. SCIA's focus on providing high-quality materials for these applications positions the company for long-term growth. Additionally, the company's diverse customer base, which includes domestic and multinational corporations, universities, and research institutions, provides a stable source of revenue.
News and Updates
Recent news articles have not had a significant impact on SCIA's stock price. However, the company's niche market position and stable financial performance have contributed to its recent stock price performance.
Upgrades and Downgrades
There have been no recent upgrades or downgrades from analysts.
Summary
In conclusion, SCIA's stable financial performance, niche market position, and growth prospects make it an attractive investment opportunity. While the company's small market capitalization and lack of analyst coverage may make it a higher-risk investment, SCIA's focus on advanced materials for the tech industry provides a strong foundation for long-term growth. As the demand for these materials continues to grow, SCIA is well-positioned to capitalize on this trend.