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The Ubika Research Cleantech Stock Watchlist
Met-Pro Corporation (Symbol: NYSE: MPR) |
| Company Name: |
Met-Pro Corporation |
| HQ Location: |
Harleysville, PA |
| Company Website: |
www.met-pro.com |
| Shares Outstanding |
14.62 Million |
| Closing Share Price (September 22, 2010) |
$ 9.76 |
| Market Cap: |
$ 142.69 Million |
| 52 Week Range |
8.65 - 11.62 |
| Average Daily Volume |
15,271.00/43,000.00 |
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The Ubika Research Cleantech Stock Watchlist is very useful to find interesting cleantech stocks that are featured on our site. This watchlist profiles green technology stocks and provides you with cleantech news and information on cleantech investing.
Share Highlight / 1-Year Stock Chart
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Business Overview
Met-Pro Corporation (Met-Pro) is a global provider of solutions and products for product recovery, pollution control, and fluid handling applications. It has five operating segments that are grouped into three reportable segments: Product Recovery/Pollution Control Technologies, Fluid Handling Technologies, and Mefiag Filtration Technologies; with the other segment being Filtration/Purification Technologies.
+ More info
What is interesting about Met-Pro Corporation (NYSE: MPR)?
- Company is considered a market leader in numerous niche-markets and offers its products to different industries.
- Met-Pro’s products address the world’s growing need to meet more stringent emission regulations, reduce energy consumption and employ “green” technology.
- Company has a strong portfolio of mature patented technologies and products and has a strong research and development team.
- Company is well positioned to take advantage of the global growth of “green” initiatives in water treatment, sewage treatment, air purification and energy conservation.
- More than 25 % of sales come from outside of US and it is increasing.
- Met-Pro has well established sales channel. Its Products are sold directly through Company regional sales managers or through agents or non-exclusive distributor networks.
- Approximately 40% of revenues is recurring revenue derived from sales of parts and consumables.
- Well diversified customer base with over 8000 active customers. No single customer accounted for 10% or more of the total net sales of the Company.
- Company has a strong balance sheet with very low debt and high cash balance.
- $30 Million of cash in balance sheet gives it flexibility to pursue growth opportunities. ($2 per share cash).
- Company is profitable. Cash flow from operating activities has been showing an uptrend over last 3-4 years.
- A rare small cap which pays out a dividend. The company has paid dividends for 35 consecutive years.
- Company has a solid order backlog of $17 Million.
- Company has initiated a margin improvement drive through global sourcing, improved efficiencies and favourable product mix.
Risks
- Company is involved in asbestos-containing product litigation that could adversely affect its financial condition.
- Met-Pro sells its products in highly competitive markets, which puts pressure on its profit margins and limits its ability to maintain or increase the market share of its products.
- Company has currency risk and business risk from foreign operations.
Note: This Clean Tech stock watchlist was brought to you by SmallCapPower analyst "Raj Ravindran"
Company News
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Disclaimer
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The highlighted company may enter into a commercial relationship with Ubika Corporation, Investor Cubed or our affiliates for research coverage and capital market services and may pay fees and or shares or stock options or warrants for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company .
| Was any fee (either in Cash or in Stocks/Options) paid by the company to smallcappower.com or its principal’s Ubika Corporation and/OR Investor Cubed Inc for providing services |
No |
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| Common Stock/Options Ownership in Met-Pro Corporation |
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| Analyst(s) |
No |
| Analyst’s family members |
No |
| Analyst’s firm, their affiliates and/or subsidiaries |
No |
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