Materion Corporation MTRN

Competitive advantage analysis · basic-materials

Corporate Default
Overall moat score
78/100
Strong

About Materion Corporation

Materion Corporation, together with its subsidiaries, produces advanced engineered materials in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. It provides beryllium and non-beryllium containing alloy systems and custom engineered metal solutions in strip, bulk, rod, plate, bar, tube, and other customized shapes; engineering and product development … Full MTRN analysis →

Competitive advantage assessment

Key strengths

  • Margins Stable Across Cycles Operating margin volatility is low (stability score 1.00), demonstrating pricing resilience across cycles.
  • ROIC Sustainably Above Peers ROIC at 84.1th percentile exceeds peers and WACC, demonstrating superior capital allocation.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Strong
81

Where MTRN ranks in Other Industrial Metals & Mining

Materion Corporation ranks #3 of 48 scored companies in Other Industrial Metals & Mining by moat score — the top 6%. The widest moat in the group is BHP Group Limited (BHP) at 88/100.

Moat scores for companies ranked near MTRN in Other Industrial Metals & Mining
# Company Moat score Rating
1 BHP Group Limited BHP 88/100 Strong
2 Rio Tinto Plc RIO 83/100 Strong
3 Materion Corporation MTRN 78/100 Strong
4 Nexa Resources S.A. NEXA 76/100 Strong
5 VALE S.A. VALE 73/100 Moderate
6 Teck Resources Ltd TECK 70/100 Moderate
7 Compass Minerals Intl Inc CMP 64/100 Moderate
8 Vizsla Silver Corp. VZLA 64/100 Moderate
9 Solitario Resources Corp. XPL 59/100 Moderate

See every Commodities & Mining company ranked by moat score →

How MTRN scores on the Corporate Default defenses

Pricing Power

Score 81 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 78 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 88 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 85 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 63 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 76 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding MTRN's moat

What is Materion Corporation's moat score?

Materion Corporation (MTRN) scores 78 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #3 of 48 scored companies in Other Industrial Metals & Mining, the top 6%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 47 companies in Other Industrial Metals & Mining. Its strongest defense is Customer Stickiness (88/100) and its weakest is Resilience (63/100).

How does Materion Corporation compare with other Other Industrial Metals & Mining companies?

Materion Corporation ranks #3 of 48 scored companies in Other Industrial Metals & Mining by moat score. The widest moat in Other Industrial Metals & Mining is BHP Group Limited (BHP) at 88/100. The companies ranked closest are Rio Tinto Plc (RIO) at 82 just above it and Nexa Resources S.A. (NEXA) at 76 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 47 companies in Other Industrial Metals & Mining. The defenses are then weighted to produce the overall score out of 100.

Why is Materion Corporation scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Materion Corporation?

The Corporate Default template measures 6 defenses, and MTRN scores: Pricing Power (81), Cost Advantage (78), Customer Stickiness (88), Capital Efficiency (85), Resilience (63), Scale & Market Position (76). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000