Mannatech, Incorporated (MTEX) Financial Ratios
27 years of historical data (1998–2024) · Consumer Defensive · Household & Personal Products
EV/EBITDA
↑
1.41
↓-84% vs avg
5yr avg: 8.67
30Y Low0.6·High19.7
P/FCF
↑
4.52
↓-53% vs avg
5yr avg: 9.69
30Y Low4.7·High81.8
P/B Ratio
↑
1.02
↓-56% vs avg
5yr avg: 2.34
30Y Low0.5·High9.3
ROE
↑
26.1%
↓+176% vs avg
5yr avg: 9.4%
30Y Low-66%·High374%
Debt/EBITDA
↑
2.26
↓-16% vs avg
5yr avg: 2.67
30Y Low0.0·High8.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MTEX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Mannatech, Incorporated trades at 3.5x earnings, 58% below its 5-year average of 8.3x, sitting at the 0th percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 19.4x, the stock trades at a discount of 82%. On a free-cash-flow basis, the stock trades at 4.5x P/FCF, 53% below the 5-year average of 9.7x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9M | $25M | $15M | $34M | $80M | $42M | $39M | $48M | $41M | $55M | $51M |
| Enterprise Value | $4M | $21M | $13M | $27M | $58M | $23M | $18M | $28M | $4M | $28M | $22M |
| P/E Ratio → | 3.54 | 10.17 | — | — | 8.14 | 6.71 | 11.92 | — | — | — | 8.81 |
| P/S Ratio | 0.08 | 0.21 | 0.11 | 0.25 | 0.50 | 0.28 | 0.25 | 0.28 | 0.23 | 0.30 | 0.29 |
| P/B Ratio | 1.02 | 2.94 | 1.44 | 2.42 | 3.28 | 1.62 | 1.44 | 1.89 | 1.01 | 1.40 | 1.33 |
| P/FCF | 4.52 | 12.89 | — | — | 7.90 | 8.29 | 10.62 | — | 4.69 | — | 21.36 |
| P/OCF | 3.93 | 11.20 | — | — | 7.43 | 6.98 | 7.99 | — | 4.06 | — | 11.72 |
P/E links to full P/E history page with 30-year chart
MTEX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Mannatech, Incorporated's enterprise value stands at 1.4x EBITDA, 84% below its 5-year average of 8.7x. The Consumer Defensive sector median is 11.3x, placing the stock at a 88% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.17 | 0.10 | 0.19 | 0.36 | 0.15 | 0.11 | 0.16 | 0.02 | 0.15 | 0.12 |
| EV / EBITDA | 1.41 | 6.96 | 19.71 | 8.63 | 5.35 | 2.70 | 2.05 | 14.01 | 0.94 | 10.73 | 1.60 |
| EV / EBIT | 2.92 | 5.13 | — | — | 6.48 | 3.97 | 2.72 | — | 1.64 | 42.16 | 1.83 |
| EV / FCF | — | 10.50 | — | — | 5.70 | 4.47 | 4.73 | — | 0.48 | — | 9.25 |
MTEX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Mannatech, Incorporated earns an operating margin of 1.2%, roughly in line with the Consumer Defensive sector average. Operating margins have expanded from -0.3% to 1.2% over the past 3 years, signaling improving operational efficiency. ROE of 26.1% indicates solid capital efficiency, compared to the sector median of 6.8%. ROIC of 17.3% represents solid returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.6% | 77.6% | 78.0% | 74.7% | 78.6% | 75.2% | 80.0% | 80.1% | 79.8% | 79.7% | 81.1% |
| Operating Margin | 1.2% | 1.2% | -0.7% | -0.3% | 5.7% | 3.0% | 4.1% | -0.1% | 1.4% | 0.4% | 6.7% |
| Net Profit Margin | 2.1% | 2.1% | -1.7% | -3.3% | 6.2% | 4.1% | 2.1% | -2.2% | -1.0% | -0.3% | 3.2% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.1% | 26.1% | -18.2% | -23.3% | 39.1% | 23.5% | 12.5% | -11.9% | -4.5% | -1.5% | 16.7% |
| ROA | 6.4% | 6.4% | -5.0% | -8.3% | 15.8% | 9.8% | 5.3% | -5.6% | -2.4% | -0.8% | 8.6% |
| ROIC | 17.3% | 17.3% | -9.6% | -7.0% | 156.9% | 55.7% | 90.1% | -1.5% | 23.7% | 4.8% | 125.3% |
| ROCE | 9.3% | 9.3% | -5.6% | -1.7% | 28.8% | 13.3% | 20.5% | -0.3% | 6.0% | 1.7% | 31.7% |
MTEX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Mannatech, Incorporated carries a Debt/EBITDA ratio of 2.3x, which is manageable (34% below the sector average of 3.4x). The company holds a net cash position — cash of $11M exceeds total debt of $7M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 5.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.78 | 0.78 | 0.54 | 0.44 | 0.08 | 0.11 | 0.11 | 0.07 | 0.03 | 0.05 | 0.07 |
| Debt / EBITDA | 2.26 | 2.26 | 8.59 | 2.01 | 0.17 | 0.34 | 0.35 | 0.88 | 0.27 | 0.77 | 0.20 |
| Net Debt / Equity | — | -0.55 | -0.19 | -0.53 | -0.92 | -0.75 | -0.80 | -0.79 | -0.91 | -0.69 | -0.76 |
| Net Debt / EBITDA | -1.59 | -1.59 | -3.05 | -2.45 | -2.08 | -2.30 | -2.56 | -10.19 | -8.33 | -10.29 | -2.09 |
| Debt / FCF | — | -2.39 | — | — | -2.21 | -3.81 | -5.89 | — | -4.22 | — | -12.11 |
| Interest Coverage | 5.12 | 5.12 | — | — | — | — | 402.06 | — | — | — | — |
Net cash position: cash ($11M) exceeds total debt ($7M)
MTEX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.25x means Mannatech, Incorporated can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.75x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.17x to 1.25x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.25 | 1.25 | 1.07 | 1.17 | 1.42 | 1.33 | 1.42 | 1.26 | 1.68 | 1.69 | 1.89 |
| Quick Ratio | 0.75 | 0.75 | 0.51 | 0.68 | 1.02 | 0.93 | 1.07 | 0.88 | 1.40 | 1.29 | 1.54 |
| Cash Ratio | 0.55 | 0.55 | 0.30 | 0.46 | 0.80 | 0.69 | 0.86 | 0.65 | 1.13 | 0.96 | 1.21 |
| Asset Turnover | — | 3.27 | 3.20 | 2.79 | 2.68 | 2.32 | 2.51 | 2.79 | 2.32 | 2.53 | 2.63 |
| Inventory Turnover | 2.54 | 2.54 | 2.00 | 2.36 | 2.84 | 2.92 | 3.11 | 2.69 | 3.80 | 3.06 | 3.71 |
| Days Sales Outstanding | — | 2.34 | 1.54 | 1.71 | 0.99 | 2.88 | 2.72 | 0.83 | 2.44 | 3.82 | 0.76 |
MTEX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Mannatech, Incorporated does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 28.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 4.9% | 4.5% | 5.4% | 8.0% | 3.1% | 6.5% | 3.3% | 1.2% | — |
| Payout Ratio | — | — | — | — | 44.2% | 53.6% | 36.5% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 28.3% | 9.8% | — | — | 12.3% | 14.9% | 8.4% | — | — | — | 11.4% |
| FCF Yield | 22.1% | 7.8% | — | — | 12.7% | 12.1% | 9.4% | — | 21.3% | — | 4.7% |
| Buyback Yield | 0.0% | 0.0% | 1.2% | 5.8% | 6.3% | 14.1% | 0.7% | 15.8% | 0.6% | 0.5% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 6.1% | 10.3% | 11.7% | 22.1% | 3.8% | 22.3% | 3.9% | 1.7% | 0.0% |
| Shares Outstanding | — | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $3M | $3M | $3M |
Peer Comparison
Compare MTEX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MTEXYou | $9M | 3.5 | 1.4 | 4.5 | 77.6% | 1.2% | 26.1% | 17.3% | 2.3 |
 NATR | $430M | 23.2 | 9.2 | 14.9 | 69.5% | 5.2% | 12.1% | 21.0% | 0.5 |
 NHTC | $36M | -41.7 | — | — | 73.5% | -4.5% | -3.1% | -6.5% | — |
 LFVN | $64M | 6.6 | 3.6 | 6.1 | 80.4% | 5.3% | 32.3% | 37.5% | 0.8 |
 USNA | $359M | 33.6 | 2.4 | 42.1 | 78.3% | 5.5% | 1.8% | 8.6% | 0.2 |
 HLF | $1B | 6.6 | 6.2 | 5.9 | 75.6% | 8.8% | — | 24.3% | 4.2 |
 NUS | $345M | 2.2 | 3.3 | 7.5 | 69.4% | 6.1% | 22.0% | 7.3% | 2.5 |
 PLBY | $188M | -12.8 | 34.0 | — | 71.0% | -2.7% | -247.8% | -2.9% | 4.6 |
 BYFC | $92M | -3.0 | — | — | 51.9% | -38.8% | -9.0% | -3.7% | — |
 QNST | $761M | 165.6 | 21.8 | 9.2 | 10.1% | 0.6% | 2.0% | 2.8% | 0.3 |
 AMZN | $2.9T | 37.8 | 20.5 | 379.0 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
| Consumer Defensive Median | — | 19.4 | 11.3 | 15.0 | 40.1% | 1.1% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 27 years · Updated daily
See MTEX's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MTEX Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MTEX vs NATR
Side-by-side business, growth, and profitability comparison vs Nature's Sunshine Products, Inc..
Start ComparisonMTEX — Frequently Asked Questions
Quick answers to the most common questions about buying MTEX stock.
What is Mannatech, Incorporated's P/E ratio?
Mannatech, Incorporated's current P/E ratio is 3.5x. The historical average is 15.5x.
What is Mannatech, Incorporated's EV/EBITDA?
Mannatech, Incorporated's current EV/EBITDA is 1.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.2x.
What is Mannatech, Incorporated's ROE?
Mannatech, Incorporated's return on equity (ROE) is 26.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 19.7%.
Is MTEX stock overvalued?
Based on historical data, Mannatech, Incorporated is trading at a P/E of 3.5x. Compare with industry peers and growth rates for a complete picture.
What are Mannatech, Incorporated's profit margins?
Mannatech, Incorporated has 77.6% gross margin and 1.2% operating margin.
How much debt does Mannatech, Incorporated have?
Mannatech, Incorporated's Debt/EBITDA ratio is 2.3x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.