Core Molding Technologies Inc CMT

MaterialsContainers & PackagingUnited States of America

Last close 22.60 USD on Nov 2, 2026, +12.7% year to date

Quant rating

Quant rating C Rank 81 of 151 in Materials

Growth C 63 of 151
Valuation C 70 of 151
Quality B 51 of 151
Revisions D 109 of 151
Momentum C 89 of 151

Wall Street consensus Buy (2.00)Average target 30.00 USD +32.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 194M
Enterprise value: 181M
52-week range: 16.60 – 28.60
3-year range: 13.06 – 28.60
Dividend yield: –
Beta (5 years): 0.41
Shares outstanding: 8.6M
Next earnings: Nov 3, 2026

About the company

Core Molding Technologies, Inc. is an engineered materials company, which is specialized in the molding of thermoplastic and thermoset structural products. The Company produces and sells molded products for varied markets, including medium and heavy-duty trucks, power sports, building products, industrial and utilities and other commercial markets. The Company offers customers a wide range of manufacturing processes to fit various program volumes and investment requirements. These processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam and structural web injection molding (SIM). Its products include shielding, vehicle roofs, hoods, marine, structural reinforcements, class-a body panels, telecommunication equipment, aftermarket styling, industrial fan blades, consumer goods, and sheet molding compound.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	274	302	358	377	307	–
Revenue growth	−9.5%	−15.5%	−5.2%	22.7%	38.3%	4.3%
EPS (basic, normalized)	1.29	2.51	2.35	1.44	–	–
EPS growth	−48.6%	6.8%	63.2%	–	–	–
Gross margin	17.4%	17.6%	18.0%	13.9%	13.4%	16.1%
Net margin	4.1%	4.4%	5.7%	3.2%	1.4%	3.8%
ROE	7.3%	9.3%	15.9%	11.3%	4.8%	9.7%

Balance sheet, last quarter
Cash & short-term investments (mil)	12.1
Current ratio	2.00x
Long-term debt (mil)	0
Net debt (mil)	−12.1
Total equity (mil)	161
Net debt / equity	−0.08x
Net debt / EBITDA	−0.40x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	274	−9.5%	0.7x	30.7	−7.7%	5.9x	1.29	−48.6%	17.5x
2026	275	+0.6%	0.7x	29.0	−5.6%	6.3x	0.50	−61.2%	45.2x
2027	300	+9.0%	0.6x	41.6	+43.4%	4.4x	2.00	+300.0%	11.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	275	0.0%	−3.5%	−2.9%	0.50	0.0%	−51.9%	−70.2%
2027	300	0.0%	−1.1%	−0.2%	2.00	0.0%	0.0%	0.0%
2028	–	–	–	–	–	–	–	–

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	78.1	88.7	73.0	62.5	61.4	79.2	58.4	74.7	58.6	62.7
Sales mean (mil)	77.7	78.8	71.6	58.8	68.5	75.5	70.4	66.4	59.4	60.0
Surprise	+0.6%	+12.7%	+2.0%	+6.3%	−10.2%	+5.0%	−16.9%	+12.4%	−1.4%	+4.5%
EPS reported	0.43	0.73	0.36	0.00	0.29	0.53	0.22	0.36	0.37	0.21
EPS mean	0.26	0.42	0.23	0.12	0.33	0.46	0.40	0.23	0.22	0.21
Surprise	+65.4%	+73.8%	+56.5%	−100.0%	−12.1%	+15.2%	−45.0%	+56.5%	+68.2%	0.0%

Peer comparison Containers & Packaging

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
CMT Core Molding Technologies Inc	194M	−0.40x	4.1%	1.20x	45.2x	11.3x	6.3x	4.4x
7864 Fuji Seal International Inc	1.3B	−0.88x	9.5%	1.13x	11.4x	10.8x	5.7x	5.4x
CCLb CCL Industries Inc.	12.0B	1.07x	10.5%	2.98x	19.6x	18.3x	10.8x	10.4x
ATR AptarGroup, Inc.	9.1B	1.48x	10.4%	3.49x	25.5x	23.4x	12.6x	11.7x
WPK Winpak Ltd	1.9B	−1.47x	12.2%	1.37x	13.5x	12.4x	6.5x	6.2x
MYE Myers Industries Inc	1.1B	2.19x	4.2%	3.55x	17.2x	13.7x	10.3x	8.9x
Mean		0.33x	8.5%	2.29x	22.1x	15.0x	8.7x	7.8x
Median		0.34x	9.9%	2.18x	18.4x	13.1x	8.4x	7.6x

Technical analysis

1M−1.8%
3M−4.1%
1Y+26.2%
3Y−10.2%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Core Molding Technologies Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	274	302	358	377	307	222
Cost of revenue	226	249	293	325	266	188
Gross profit	47.6	53.3	64.5	52.4	41.3	34.5
Selling, general & administrative expenses	31.5	35.5	38.3	34.8	30.4	24.3
Research & development	–	–	–	–	–	–
Interest expense (income), operating	0.5	1.0	−0.3	−0.4	−0.1	−0.2
Unusual expense (income)	1.5	0	0	1.6	0	0
Other operating expenses	0	0	0	0	0	0
Operating income	14.2	16.7	26.5	16.4	11.1	10.4
Net interest income (expense)	0	0.2	−1.0	−2.0	−2.3	−5.9
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0.5	0.6	0.2	0.1	0.2	0.1
Net income before taxes	14.7	17.5	25.7	14.6	8.9	4.5
Provision for taxes	3.5	4.2	5.4	2.4	4.2	−3.6
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	11.2	13.3	20.3	12.2	4.7	8.2
Extraordinary items	–	–	–	–	–	–
Net income	11.2	13.3	20.3	12.2	4.7	8.2
EBIT, normalized	16.1	17.7	26.2	17.6	10.9	10.2
EBITDA, normalized	28.5	31.1	39.2	29.5	22.5	21.8
Basic EPS, normalized	1.29	2.51	2.35	1.44	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Core Molding Technologies Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	38.1	41.8	24.1	4.2	6.1	4.1
Receivables	37.5	36.7	48.2	47.3	35.3	30.2
Total inventory	19.7	18.3	22.1	23.9	25.1	18.4
Prepaid expenses	8.1	6.0	8.5	5.3	8.6	3.8
Other current assets	0	0	0	0	0	0
Total current assets	103	103	103	80.7	75.1	56.5
Property, plant & equipment	101	82.9	85.0	88.4	81.5	76.8
Goodwill	17.4	17.4	17.4	17.4	17.4	17.4
Intangibles	3.5	4.4	6.0	7.6	9.6	11.5
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	2.5	1.9	2.1	4.6	3.1	3.3
Total assets	228	210	213	199	187	166
Liabilities
Accounts payable	14.9	17.1	24.0	29.6	22.7	17.0
Payable/accrued	–	–	–	–	–	–
Accrued expenses	12.2	15.5	15.6	16.7	15.7	12.1
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	2.1	1.8	1.5	3.1	8.4	3.0
Other current liabilities	5.0	2.3	5.2	1.4	6.3	3.9
Total current liabilities	34.2	36.7	46.2	50.8	53.1	36.0
Long-term debt	17.6	19.7	21.5	23.0	21.3	25.2
Minority interest	–	–	–	–	–	–
Other liabilities	18.1	5.8	6.7	8.7	12.3	10.4
Total liabilities	70.0	62.2	74.4	82.5	86.6	71.6
Shareholders' equity
Preferred stock	0	0	0	0	0	0
Common stock	0.1	0.1	0.1	0.1	0.1	0.1
Additional paid-in capital	47.5	45.8	43.3	40.3	38.0	36.1
Retained earnings (accumulated deficit)	147	135	122	102	89.5	84.9
Treasury stock	−39.9	−36.1	−31.8	−29.1	−28.6	−28.5
Other equity	3.9	2.3	5.3	3.1	1.1	1.4
Total equity	158	147	139	116	100	93.9
Total liabilities & shareholders' equity	228	210	213	199	187	166

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Core Molding Technologies Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	11.2	13.3	20.3	12.2	4.7	8.2
Depreciation, depletion & amortization	12.3	13.4	12.9	11.9	11.6	11.7
Deferred taxes	−0.8	0.5	2.5	−3.5	−0.5	1.1
Non-cash items	1.8	3.9	2.9	4.0	2.6	1.6
Changes in working capital	−5.3	4.1	−3.8	−5.6	−5.9	5.6
Cash from operations	19.2	35.2	34.8	19.0	12.5	28.2
Investing activities
Capital expenditures	−17.3	−11.5	−9.1	−16.6	−11.6	−3.7
Other investing cash flows	0	0	0	0	0.2	0
Cash from investing	−17.3	−11.5	−9.1	−16.6	−11.4	−3.7
Financing activities
Financing cash flow items	−0.6	−1.4	0	−0.4	0	−2.0
Cash dividends paid	–	–	–	–	–	0
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−5.1	−4.5	−5.8	−4.0	0.9	−20.2
Cash from financing	−5.7	−5.9	−5.8	−4.4	0.9	−22.2
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−3.7	17.7	19.9	−2.0	2.0	2.3
Free cash flow	1.9	23.6	25.7	2.4	1.0	24.5

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.