WinstonWınston
Back
The Metal Arts Company logo

The Metal Arts Company

MTRT
49
Manufacturing - Metal Fabrication · Industrials
Price
$0.00
+0.00 (+0.00%)
Market Cap
$16,503
Winston Score
49
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Sep 30, 2023
How the score breaks down
Quality
Strong
Growth
Weak
Cash Flow
Mixed
Stability
Good
Valuation
Good

Share count rising — dilution

+997.1% over 24y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 7.5M (1999) → 82.5M (2023)

Winston Score History

The full picture

The Metal Arts Company makes decorative and functional metal products. These include things like medals, coins, badges, emblems, and custom insignia. Its customers tend to be organizations, schools, governments, and businesses that need branded or commemorative metal items.

The company earns money by taking custom orders and selling finished metal goods directly to clients. It operates primarily in the United States and is a very small company, with a market cap close to zero. Its high gross margin suggests the business adds significant value through craftsmanship and customization rather than competing purely on raw material costs. However, its negative return on invested capital and thin operating margin signal that the company is struggling to turn that gross profit into real earnings, and its main risk is that it may not generate enough revenue to cover its overhead costs over the long term.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-42.1% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-25.2% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

100.0%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$6,041 cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

The Metal Arts Company's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
90.6%
Premium pricing power — 90.6% gross margin
Profit after running costs
Operating Margin
64.8%
Excellent — 64.8% operating margin
Return on the money invested
ROCE
4.4%
Weak — 4.4% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
N/A
Data not available
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
3/7 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
73%
Modest — 73% of profit becomes cash
Spare cash per sale
FCF Margin
-1.3%
Burning cash (-1.3%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.65
Moderate — manageable debt (0.65)
Covers its interest
Interest Cover
2.85x
Tight — interest eats into profit (2.8x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
0.0x
Attractive valuation — P/E 0.0

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial