The Elmet Group/$ELMT
1D1W1MYTD1Y5YMAX
Capital at risk
About The Elmet Group
The Elmet Group Co provides precision-engineered components and high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The company is organized into two business divisions, Critical Materials Components and Engineered Microwave Products, offering a platform with expertise across interconnected markets. The company operates an integrated engineering-to-production system, covering custom design, development, and processing across Critical Materials and High-Power Microwave. Its Engineered Microwave capabilities helps to deliver tailored microwave energy solutions, while its Critical Materials expertise allows to design reliable solutions for some of the demanding environments in the world.
- Ticker
- $ELMT
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- -
- Headquarters
- Portland, United States
- Website
- theelmetgroup.com
The Elmet Group Metrics
BasicAdvanced
$620M
-
-$0.10
-
-
Price and volume
Market cap
$620M
52-week high
$25.03
52-week low
$12.49
Average daily volume
1M
Financial strength
Current ratio
3.025
Quick ratio
1.528
Long term debt to equity
0.104
Total debt to equity
0.122
Interest coverage (TTM)
1.17%
Profitability
EBITDA (TTM)
11.21
Gross margin (TTM)
22.64%
Net profit margin (TTM)
-1.27%
Operating margin (TTM)
2.01%
Effective tax rate (TTM)
1,989.13%
Management effectiveness
Valuation
Price to revenue (TTM)
2.712
Price to book
3.31
Price to tangible book (TTM)
3.51
Price to free cash flow (TTM)
-51.278
Free cash flow yield (TTM)
-1.95%
Free cash flow per share (TTM)
-0.397
Growth
What the Analysts think about The Elmet Group
Analyst ratings (Buy, Hold, Sell) for The Elmet Group stock.
Analyst projections of the future price of The Elmet Group stock.
Bulls say / Bears say
Elmet announced a $450 million committed Department of War investment, including more than $165 million for U.S. facilities, plus a Defense Logistics Agency contract with up to $2 billion of ceiling value and $150 million of guaranteed funded commitment. This could materially expand capacity and strengthen Elmet’s position in the Western tungsten supply chain. (The Elmet Group)
Q2 2026 operating momentum was strong: revenue rose 35.2% year over year, gross margin expanded 430 basis points to 25.0%, adjusted EBITDA increased 57.9%, and backlog reached a record $131.5 million, up nearly 55% year over year. (The Elmet Group)
The April IPO strengthened the balance sheet for growth: Elmet raised approximately $125.4 million in net proceeds, and by July 3, 2026 reported $66.1 million of cash against $10.5 million of total debt, compared with roughly $25.8 million of total debt at year-end 2025. (The Elmet Group)
GAAP profitability remains weak: Q2 2026 produced a $4.5 million net loss, while trailing-twelve-month net income was negative $1.7 million despite strong adjusted results, raising concerns about earnings quality and conversion to statutory profitability. (The Elmet Group)
Reported Q2 revenue growth was not entirely demand-driven: management said only approximately 55% of the increase reflected higher demand, with the balance attributable to tungsten and molybdenum pricing; a reversal in metals prices could pressure revenue and margins. (The Elmet Group)
The new government investment carries meaningful execution and dilution risks: the Department of War may receive preferred equity and warrants for up to 19.9% of post-transaction common stock, while Elmet must execute a large manufacturing, mining, processing, and joint-venture expansion program. (The Elmet Group)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.
The Elmet Group Financial Performance
Revenues and expenses
The Elmet Group Earnings Performance
Company profitability
Upcoming events
No upcoming events
The Elmet Group News
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Funds containing The Elmet Group
AllEURGBP
Fund name | Fund size | $ELMT weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.01% |
SPDR Russell 2000 US Small Cap£R2SC | £4.1B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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