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ELMT Overview

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ET
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Intellectia

Loading chart...

High
15.290
Open
14.690
VWAP
14.76
Vol
220.42K
Mkt Cap
411.14M
Low
14.300
Amount
3.25M
EV/EBITDA(TTM)
--
Total Shares
27.97M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
The Elmet Group Co. is engaged in providing precision-engineered components and advanced high-power systems for growth markets. Its business divisions include critical materials components (CMC) and engineered microwave products (EMP). Its products and solutions are integral to the aerospace, defense and government, industrial, medical, semiconductor and electronics and energy industries. It owns and operates a vertically integrated engineering-to-production system, with custom design, development, and processing expertise for critical materials and high-power microwave. Its critical materials components manufacture critical refractory materials specializing in tungsten, molybdenum and other specialized alloys. The engineered microwave products provide highly engineered radio frequency systems, components and services. Its CMC products include foil, powder, furnace boats and others. Its EMP products include waveguide components, coaxial components, microwave generators, and others.
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Events Timeline

(ET)
2026-04-27
11:20:00
X-energy and Yesway Show Strong Debut Performance
select
2026-04-23 (ET)
2026-04-23
11:30:00
Elmet Prices 8.6M Shares at $14.00 Each
select
2026-04-23
08:10:00
Cantor Fitzgerald Increases Stock Offering to 8.6M Shares
select

News

Newsfilter
8.5
12:43 PMNewsfilter
PinnedElmet Group to Ring Nasdaq Closing Bell Celebrating IPO
  • IPO Celebration: Elmet Group will ring the Nasdaq Closing Bell on May 29, 2026, to honor its successful IPO, highlighting the company's achievements and market recognition in the precision engineering sector.
  • Team Involvement: The ceremony will feature Chairman and CEO Peter V. Anania alongside frontline manufacturing employees, showcasing the team's vital contributions to the IPO process and boosting employee morale.
  • Market Impact: Elmet's IPO not only provides financial support but also enhances its market position across various sectors, including aerospace, defense, and medical, with expectations for future business growth.
  • Live Broadcast Promotion: The event will take place at Nasdaq's MarketSite in New York City and will be webcast live starting at 3:45 p.m. Eastern time, further increasing brand visibility and investor interest.
Newsfilter
1.0
05-20Newsfilter
Elmet Group to Host Financial Results Conference Call
  • Conference Call Announcement: Elmet Group will hold a financial results conference call on May 29, 2026, at 9:00 a.m. Eastern Time to discuss its financial results for the quarter ended April 3, 2026, which is expected to provide key financial data and business outlook.
  • Participation Details: Participants can join the call by dialing 877-869-3847 (U.S.) or +1 201-689-8261 (International), with a recommendation to call 5-10 minutes prior to ensure a smooth connection.
  • Management Hosting: The call will be hosted by Elmet management, followed by a Q&A session aimed at directly engaging with investors and analysts to address questions regarding the company's performance and future strategies.
  • Company Overview: Elmet Group specializes in providing precision-engineered components and advanced high-energy systems for industries such as aerospace, defense, and medical, focusing on strengthening U.S. manufacturing capabilities in critical materials and high-power microwave systems.
CNBC
6.0
05-18CNBC
Major Wall Street Rating Changes on Monday
  • F5 Rating Upgrade: Evercore ISI upgraded F5 from In Line to Outperform, raising the price target to $475, indicating a potential 31% upside, which highlights the company's positioning as a high-single-digit revenue and low-double-digit EPS compounder.
  • VF Corp Double Upgrade: Williams Trading upgraded VF Corp from Sell to Buy, increasing the price target from $14 to $19, reflecting a positive momentum in Vans, particularly driven by the LX Old Skool Pearlized Pack, suggesting strong investor interest.
  • Viking Holdings Upgrade: Wells Fargo upgraded Viking Holdings from Equal Weight to Overweight, raising the price target from $79 to $109, emphasizing that despite the Iran conflict, the fundamentals of the cruise company's core business continue to improve and accelerate.
  • Arm's Strong Performance: Bernstein initiated coverage on Arm with an Outperform rating, noting that the business relies on three revenue streams, indicating a robust economic model that scales with customer volume and silicon complexity.
renaissancecapital
8.5
05-01renaissancecapital
April IPO Market Rebounds with $7.3 Billion Raised
  • Significant Fundraising Surge: In April, 13 IPOs raised a total of $7.3 billion, with the latter half of the month seeing larger deals that pushed proceeds well above the historical average of $3.3 billion despite early volatility in March.
  • Large Deals Leading the Market: Twelve IPOs raised over $100 million, notably Madison Air (MAIR) completing the largest offering of the year, indicating strong demand for sizable projects in the current market.
  • Strong Investment Returns: Traditional IPOs averaged a robust 34% return by month-end, with nearly all trading above their issue price, reflecting a gradual restoration of market confidence in new listings.
  • Increased Market Activity: With IPO filings reaching a year-to-date high, improved market conditions and solid returns are encouraging more companies to prepare for listings, suggesting an acceleration of IPO activity in the coming weeks.
renaissancecapital
8.5
04-24renaissancecapital
Four IPOs Priced Successfully with Positive Market Response
  • X-Energy's Strong Performance: X-Energy successfully priced at $1 billion, achieving a market cap of $9.5 billion, becoming the first advanced small modular reactor developer to complete a traditional IPO, with a first-day increase of 27%, reflecting strong market confidence in nuclear technology.
  • Elmet Group's Steady Growth: The Elmet Group priced at $120 million, with a market cap of $420 million, and a first-day increase of 21%, as its supply of critical materials for aerospace and defense provides a stable market position despite being smaller than peers.
  • Yesway's Rapid Expansion: Yesway priced at $280 million, reaching a market cap of $1.3 billion, with a modest first-day increase of 9%, yet its rapid expansion in the U.S. convenience store market and leading fuel margins indicate strong growth potential.
  • NHP's Lackluster Market Performance: National Healthcare Properties priced at $462 million, with a market cap of $817 million, and a first-day increase of 7%, although its high cash balance supports future inorganic growth, its limited acquisition integration track record may hinder long-term development.
Newsfilter
8.5
04-24Newsfilter
Elmet Group Successfully Closes IPO Raising $125.5 Million
  • Upsized IPO: Elmet Group successfully closed its initial public offering of approximately 9.9 million shares, including the full exercise of the underwriters' overallotment option for 1.3 million shares, at a public offering price of $14.00 per share, indicating strong market demand for its high-energy systems.
  • Significant Proceeds: The IPO generated net proceeds of $125.5 million for Elmet after deducting underwriting discounts and other expenses, with the funds earmarked for debt repayment and to support future operations and growth, enhancing the company's financial stability.
  • Strong Market Debut: Elmet's shares began trading on the Nasdaq Capital Market on April 23, 2026, under the ticker symbol “ELMT,” marking a significant milestone in the company's expansion within critical sectors such as aerospace and defense.
  • Clear Strategic Use: Elmet intends to utilize the proceeds from the IPO for debt repayment and general corporate purposes, demonstrating the company's commitment to strengthening its market position in critical materials and advanced high-power microwave systems to support U.S. and allied needs.
Wall Street analysts forecast ELMT stock price to rise
0 Analyst Rating
Wall Street analysts forecast ELMT stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
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High
Current: 0.000
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Cantor Fitzgerald
Colin Canfield
Overweight
initiated
$20
AI Analysis
2026-05-18
Reason
Cantor Fitzgerald
Colin Canfield
Price Target
$20
AI Analysis
2026-05-18
initiated
Overweight
Reason
Cantor Fitzgerald analyst Colin Canfield initiated coverage of Elmet with an Overweight rating and $20 price target. Elmet is a key supplier of critical mineral processing and offers a \"timely opportunity to gain exposure to rapidly growing munitions and defense electronics spending,\" the analyst tells investors in a research note. The company will also benefit from longer-term reshoring trends in industrial research, energy, and medical end markets, the analyst tells investors in a research note. Cantor believes Elmet has \"meaningful levers\" to drive earnings growth with margin improvement from its government mix and acquisitions.
Cantor Fitzgerald
NULL -> Overweight
initiated
$20
2026-05-18
Reason
Cantor Fitzgerald
Price Target
$20
2026-05-18
initiated
NULL -> Overweight
Reason
Cantor Fitzgerald initiated coverage of Elmet with an Overweight rating and $20 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ELMT
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Valuation Metrics

The current forward P/E ratio for Elmet Group Co (ELMT.O) is 91.74, compared to its 5-year average forward P/E of 90.40. For a more detailed relative valuation and DCF analysis to assess Elmet Group Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
90.40
Current PE
91.74
Overvalued PE
92.30
Undervalued PE
88.50

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
21.78
Current EV/EBITDA
22.58
Overvalued EV/EBITDA
22.43
Undervalued EV/EBITDA
21.13

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.66
Current PS
1.73
Overvalued PS
1.71
Undervalued PS
1.60

Financials

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Frequently Asked Questions

What is Elmet Group Co (ELMT) stock price today?

The current price of ELMT is 14.7 USD — it has increased 0.27

What is Elmet Group Co (ELMT)'s business?

The Elmet Group Co. is engaged in providing precision-engineered components and advanced high-power systems for growth markets. Its business divisions include critical materials components (CMC) and engineered microwave products (EMP). Its products and solutions are integral to the aerospace, defense and government, industrial, medical, semiconductor and electronics and energy industries. It owns and operates a vertically integrated engineering-to-production system, with custom design, development, and processing expertise for critical materials and high-power microwave. Its critical materials components manufacture critical refractory materials specializing in tungsten, molybdenum and other specialized alloys. The engineered microwave products provide highly engineered radio frequency systems, components and services. Its CMC products include foil, powder, furnace boats and others. Its EMP products include waveguide components, coaxial components, microwave generators, and others.

What is the price predicton of ELMT Stock?

Wall Street analysts forecast ELMT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELMT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Elmet Group Co (ELMT)'s revenue for the last quarter?

Elmet Group Co revenue for the last quarter amounts to NaN USD, decreased

What is Elmet Group Co (ELMT)'s earnings per share (EPS) for the last quarter?

Elmet Group Co. EPS for the last quarter amounts to USD, decreased

How many employees does Elmet Group Co (ELMT). have?

Elmet Group Co (ELMT) has 543 emplpoyees as of May 26 2026.

What is Elmet Group Co (ELMT) market cap?

Today ELMT has the market capitalization of 411.14M USD.