MGMistras Group, Inc.
- Revenue
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- Operating margin
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- EBITDA
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- Market cap
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- Employees
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- Net debt / EBITDA
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- AI in 10-K
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4.7× more likely than average to be bought by an AI rollup
Mistras provides NDT inspections, lab testing, asset integrity engineering, and monitoring software to industrial customers. Recurring revenue 7/10 · AI-rollup fit 4/10 · Services share 8/10 · Labor intensity 8/10 · Work AI could do 5/10 · Fragmented market 4/10 How it works
Signals 2 of 15
- TSR below peersYes5 of 5 years3+ of last 5 years
- Recurring revenueYes7 of 1010-K business scored 7+ of 10 for recurring revenue
13 other checks
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo—Buybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo—Any vote under 80% support
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo—Bottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo—Market cap $500M–$5B
- AI-rollup shapedNo4 of 1010-K business scored 5+ of 10 as an AI-rollup target
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$0 netNet sales over $10M in 12 months
Financials
No XBRL financials yet.
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Oct 27, 2026 | DEFM14A | H.I.G. Capital | $20.35 | 30.5% |
| Oct 15, 2026 | PREM14A | H.I.G. Capital | $20.35 | 35% |
| Sep 18, 2026 | 8-K | H.I.G. Capital | — | — |
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 163 | 233 |
| FY2024 | — | — | 117 | 214 |
| FY2023 | — | — | 94 | 172 |
| FY2022 | — | — | 64 | 127 |
| FY2021 | — | — | 96 | 113 |