Elmet Group
ELMTMarket price data through July 31, 2026.
Performance
Apr 2026 – Jul 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -27%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$19
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- June 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 2 months
- How long Benson has been tracking this pick.
About Elmet Group
Elmet Group is a U.S. maker of hard-to-produce materials and high-power systems used in defense, aerospace, and other critical industries. Think of them as a domestic supplier of the rare metals like tungsten and molybdenum that go into military and high-tech equipment, the kind of materials the U.S. has historically had to buy from China. They make their money from two divisions: critical materials components and engineered microwave products.
The case for and against
Both sides of the story, in plain English.
- Defense Tailwind
Elmet sits right in the middle of the push to bring critical material supply chains back to America. Revenue jumped almost 21% in the first quarter of 2026 to about 56 million dollars, and the order backlog hit a record 113 million dollars, up roughly 52% from a year earlier. Aerospace, defense, and government work now drives the growth.
- Profit Engine
The business is getting more efficient as it scales. Gross profit margin widened by 260 basis points to 21.2% in the quarter, and adjusted earnings before interest, taxes, depreciation, and amortization more than doubled, rising 106% to about 9.2 million dollars. After its public offering raised 125 million dollars, the company paid down debt and now sits on nearly 100 million dollars in cash.
- Thin Bottom Line
This is still a low-margin, capital-heavy business. The company posted a small net loss of about 300 thousand dollars in the first quarter on a reported basis, and for the full year 2025 net income was just 5.5 million dollars on over 201 million dollars in sales. A lot of the cash it generates gets plowed straight back into equipment.
- New And Concentrated
Elmet only went public in April of 2026, so there is very little trading history to lean on. A large share of revenue comes from government contracts, which can be lumpy and unpredictable, and the company leans heavily on its founder and chief executive. Prices for key inputs like tungsten can also swing sharply.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-07-31. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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