MTRN
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Materion Corporation (MTRN) closed at $274.98 as of 2026-06-19, trading 144.4% above its 200-week moving average of $112.51. The stock moved further from the line this week, up from 121.5% last week. With a 14-week RSI of 97, MTRN is in overbought territory.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.88 ratio) is neutral — neither side is clearly dominating.
Over the past 2365 weeks of data, MTRN has crossed below its 200-week moving average 28 times. On average, these episodes lasted 30 weeks. Historically, investors who bought MTRN at the start of these episodes saw an average one-year return of +12.9%.
With a market cap of $5.7 billion, MTRN is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 8.3%. The stock trades at 6.0x book value.
Over the past 33.5 years, a hypothetical investment of $100 in MTRN would have grown to $2359, compared to $3097 for the S&P 500. MTRN has returned 9.9% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -14.9% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MTRN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MTRN Crosses Below the Line?
Across 22 historical episodes, buying MTRN when it crossed below its 200-week moving average produced an average return of +9.0% after 12 months (median +16.0%), compared to +5.5% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +16.3% vs +19.6% for the index.
Each line shows $100 invested at the moment MTRN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices MTRN would reach each dislocation threshold.
Dislocation Price Levels
Prices where MTRN's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $151.42 | Unusually cheap — potential buy zone |
| Value | +1σ | $175.45 | Cheap vs. own history |
| Fair Value | +0σ | $208.54 | Historical mean behavior |
| Expensive | -1σ | $257.02 | Expensive vs. own history |
| Deep Expensive | -2σ | $334.86 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from MTRN's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
MTRN has crossed below its 200-week MA 28 times with an average 1-year return of +12.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1981 | Mar 1981 | 1 | 1.2% | +18.9% | +4286.9% |
| Dec 1981 | Dec 1981 | 1 | 0.5% | +42.0% | +3806.6% |
| Jan 1982 | Feb 1982 | 1 | 0.5% | +65.3% | +3806.6% |
| Jul 1986 | Aug 1986 | 3 | 9.3% | +42.3% | +1562.0% |
| Sep 1986 | Jan 1987 | 18 | 13.9% | +37.2% | +1419.4% |
| Oct 1987 | Mar 1994 | 335 | 51.0% | -12.0% | +1265.1% |
| Jul 1994 | Jul 1994 | 1 | 3.1% | +59.6% | +2493.5% |
| Nov 1994 | Dec 1994 | 3 | 1.8% | +28.3% | +2414.5% |
| Jul 1998 | Jul 2000 | 106 | 36.9% | -6.5% | +1817.5% |
| Mar 2001 | Mar 2001 | 1 | 2.5% | -27.8% | +1658.4% |
| Jun 2001 | Nov 2003 | 127 | 67.1% | -28.4% | +1754.0% |
| Jan 2008 | Jan 2008 | 1 | 1.0% | -56.7% | +1067.3% |
| Feb 2008 | Feb 2008 | 1 | 6.9% | -38.1% | +1137.4% |
| Mar 2008 | Mar 2008 | 4 | 8.4% | -53.0% | +1095.3% |
| Jun 2008 | Aug 2008 | 6 | 21.3% | -34.0% | +1109.3% |
| Sep 2008 | Sep 2010 | 108 | 72.6% | -13.6% | +1068.6% |
| Sep 2011 | Oct 2011 | 3 | 12.7% | +6.5% | +1284.2% |
| Nov 2011 | Jan 2012 | 8 | 21.6% | -17.3% | +1136.9% |
| Apr 2012 | Dec 2012 | 35 | 22.9% | +10.4% | +1197.6% |
| Apr 2013 | May 2013 | 3 | 2.6% | +41.7% | +1087.5% |
| Dec 2013 | Dec 2013 | 1 | 5.4% | +28.6% | +1051.9% |
| Jan 2014 | Feb 2014 | 3 | 6.6% | +20.7% | +982.7% |
| Oct 2014 | Oct 2014 | 1 | 1.5% | +18.7% | +950.3% |
| Nov 2015 | Sep 2016 | 45 | 22.8% | +25.4% | +921.1% |
| Oct 2016 | Oct 2016 | 3 | 2.9% | +46.2% | +892.3% |
| Feb 2020 | Apr 2020 | 8 | 34.7% | +52.2% | +527.9% |
| Jan 2025 | Jan 2025 | 1 | 1.8% | +47.8% | +194.9% |
| Feb 2025 | Jul 2025 | 23 | 23.6% | +56.8% | +189.8% |
| Average | 30 | — | +12.9% | — |
Frequently Asked Questions
Is MTRN below its 200-week moving average?
No. Materion Corporation (MTRN) is currently 144.4% above its 200-week moving average of $112.51. It would need to fall to $112.51 to cross below the line.
What is MTRN's 200-week moving average price?
Materion Corporation's 200-week moving average is $112.51 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MTRN drops below its 200-week moving average?
MTRN has crossed below its 200-week moving average 28 times in our data. On average, buying at that moment produced a one-year return of +12.9%. These dips have historically been decent entry points. These episodes lasted 30 weeks on average.
Is MTRN a good value right now?
Here's what our data says about MTRN as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 97 (overbought). Free cash flow is currently negative. Return on equity is 8.3%. Price-to-book is 6.0x. This is not a buy or sell recommendation — always do your own research.
How does MTRN compare to the S&P 500?
Over the past 33.5 years, $100 invested in MTRN would have grown to $2359, compared to $3097 for the S&P 500. That's 9.9% annualized vs 10.8% for the index. MTRN has underperformed the broader market over this period.
Does MTRN pay a dividend?
Yes. Materion Corporation currently pays a dividend yield of 22.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19