Core Molding Technologies (CMT)

What Moves the Stock

1. 01Class 8 truck production volumes and order rates from Daimler, PACCAR, Navistar - directly impacts largest revenue segment
2. 02Automotive OEM production schedules and platform wins/losses - particularly light truck and SUV programs using composite components
3. 03Polyester resin and glass fiber input costs - margin compression when unable to pass through increases to customers
4. 04New program awards and tooling revenue - indicates future volume ramps and customer diversification
5. 05Capacity utilization rates at Columbus and Gaffney facilities - breakeven estimated around 65-70% utilization
6. 06Medium/heavy-duty truck components (estimated 45-50% of revenue) - cab panels, hoods, fenders, sleeper boxes
7. 07Automotive and light vehicle parts (estimated 25-30%) - underbody shields, structural components
8. 08Power sports and specialty vehicles (estimated 15-20%) - body panels, enclosures for ATVs, UTVs, marine applications

CMT Chart

My Notes

• value - Current 0.6x P/S, 1.1x P/B, and 14.4% FCF yield suggest deep value orientation.
• Moderate sensitivity through customer demand channels.
• Watch on earnings: ACT Research Class 8 truck net orders and North American production forecasts - leading indicator for largest revenue segment, US light vehicle SAAR (seasonally adjusted annual rate) and truck/SUV mix - drives automotive segment demand, Polyester resin spot prices and glass fiber costs - direct margin impact given limited pass-through ability.