Elmet Group Co. (The) (ELMT)
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-11-04
$20.13-8.75%
Close 2026-11-04 · 1-day change
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-11-04
Research Workspace
Put ELMT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Aerospace & Defense is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisThis stock is volatile — it swings about 3% on a typical day and fell roughly 42% in its worst 12-month stretch.
View RiskElmet's defense supply chain has to keep compounding to justify the price. Cantor Fitzgerald forecasts 22% revenue growth for fiscal 2026. The company expects to swing to profitability at $0.48 per share. We cannot anchor a clean multiple for ELMT right now. The price is roughly in line with the growth we forecast. Management is unsteady with frequent disruptive corporate change. The sector regime is currently a drag on the stock. Peer multiples imply a price about 15% above where it trades. Our read remains intact. This read is provisional.
Trailing returns as of 2026-11-04. ELMT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 4 analysts currently covering ELMT (as of Nov 2026).
Based on 3 Wall Street analysts offering 12-month price targets for ELMT in the last 4 months.
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Compare ELMT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
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Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Aerospace & Defense — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put ELMT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Supply high-performance refractory metals to U.S. defense agencies
Analyst upgrade reflects confidence in defense revenue growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $20.13
The last 12 months of price, then the range of analyst 12-month targets from today’s $20.13.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Advances: Secure long-term tungsten supply through strategic partnerships
Partnership secures long-term tungsten supply, aligning with objectives.
Advances: Secure long-term tungsten supply through strategic partnerships
Acquisition enhances long-term tungsten supply strategy.
Advances: Expand domestic tungsten manufacturing capacity
Supply deal supports domestic tungsten manufacturing capacity expansion.
Advances: Expand domestic tungsten manufacturing capacity
Commitment supports expansion of tungsten manufacturing capacity.
Advances: Expand domestic tungsten manufacturing capacity
Government deal supports domestic tungsten manufacturing expansion.
Advances: Expand domestic tungsten manufacturing capacity
Pentagon deal supports domestic tungsten manufacturing expansion.
Advances: Expand domestic tungsten manufacturing capacity
Strategic investments enhance domestic tungsten manufacturing capacity.