Mastech Digital Inc - Understand $mhh stock

$MHH Market Cap: $146.5 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$194.2M

TTM

Gross Margin

26.81%

TTM

Net Earnings

-$2.246M

TTM

Current Assets

$65.82M

Q3 2024

Current Liabilities

$22.10M

Q3 2024

Current Ratio

297.79%

Q3 2024

Total Assets

$111.5M

Q3 2024

Total Liabilities

$24.96M

Q3 2024

Book Value

$86.53M

Q3 2024

Cash

$23.89M

Q3 2024

P/E

-65.23

Nov 13, 2024 EST

Free Cash Flow

$4.414M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$201.1M	$242.2M	$222.0M	$194.1M	$193.6M	$177.2M	$147.9M	$132.0M	$123.5M	$113.5M	$106.9M	$90.77M	$80.48M	$71.80M	$71.10M	$96.70M	$104.7M	$111.4M	$107.1M
YoY Change	-16.98%	9.11%	14.38%	0.27%	9.26%	19.8%	12.03%	6.92%	8.76%	6.19%	17.77%	12.79%	12.08%	0.98%	-26.47%	-7.64%	-6.01%	4.01%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$201.1M	$242.2M	$222.0M	$194.1M	$193.6M	$177.2M	$147.9M	$132.0M	$123.5M	$113.5M	$106.9M	$90.77M	$80.48M	$71.80M	$71.10M	$96.70M	$104.7M	$111.4M	$107.1M
Cost Of Revenue	$150.1M	$179.1M	$162.6M	$142.6M	$145.6M	$134.6M	$116.3M	$105.7M	$99.67M	$92.74M	$86.78M	$73.61M	$64.60M	$57.80M	$57.60M	$78.30M	$82.60M	$86.10M	$84.40M
Gross Profit	$51.04M	$63.18M	$59.44M	$51.54M	$47.98M	$42.53M	$31.63M	$26.30M	$23.80M	$20.79M	$20.12M	$17.17M	$15.88M	$14.00M	$13.40M	$18.30M	$22.10M	$25.40M	$22.70M
Gross Profit Margin	25.38%	26.08%	26.78%	26.55%	24.79%	24.0%	21.39%	19.92%	19.28%	18.31%	18.82%	18.91%	19.73%	19.5%	18.85%	18.92%	21.11%	22.8%	21.2%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$51.91M	$48.00M	$41.55M	$34.70M	$32.36M	$29.52M	$27.55M	$21.79M	$19.12M	$15.25M	$14.82M	$13.79M	$13.66M	$12.90M	$10.50M	$13.70M	$16.00M	$17.80M	$15.50M
YoY Change	8.15%	15.53%	19.74%	7.21%	9.63%	7.16%	26.42%	13.98%	25.39%	2.91%	7.4%	1.01%	5.86%	22.86%	-23.36%	-14.38%	-10.11%	14.84%
% of Gross Profit	101.71%	75.97%	69.89%	67.32%	67.45%	69.42%	87.1%	82.86%	80.33%	73.35%	73.64%	80.36%	86.02%	92.14%	78.36%	74.86%	72.4%	70.08%	68.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.855M	$4.195M	$3.979M	$3.589M	$3.434M	$3.182M	$1.942M	$203.0K	$219.0K	$143.0K	$153.0K	$158.0K	$126.0K	$180.0K	$220.0K	$310.0K	$320.0K	$250.0K	$160.0K
YoY Change	-8.1%	5.43%	10.87%	4.51%	7.92%	63.85%	856.65%	-7.31%	53.15%	-6.54%	-3.16%	25.4%	-30.0%	-18.18%	-29.03%	-3.13%	28.0%	56.25%
% of Gross Profit	7.55%	6.64%	6.69%	6.96%	7.16%	7.48%	6.14%	0.77%	0.92%	0.69%	0.76%	0.92%	0.79%	1.29%	1.64%	1.69%	1.45%	0.98%	0.7%
Operating Expenses	$51.91M	$50.98M	$44.72M	$38.14M	$30.99M	$30.90M	$27.55M	$21.79M	$19.12M	$15.25M	$14.82M	$13.79M	$13.66M	$12.90M	$10.70M	$14.00M	$16.00M	$17.80M	$15.50M
YoY Change	1.82%	14.02%	17.25%	23.04%	0.29%	12.18%	26.42%	13.98%	25.39%	2.91%	7.4%	1.01%	5.86%	20.56%	-23.57%	-12.5%	-10.11%	14.84%
Operating Profit	-$875.0K	$12.20M	$14.73M	$13.40M	$16.99M	$11.63M	$4.081M	$4.507M	$4.682M	$5.540M	$5.302M	$3.371M	$2.219M	$1.100M	$2.700M	$4.300M	$6.100M	$7.600M	$7.200M
YoY Change	-107.17%	-17.17%	9.89%	-21.1%	46.12%	184.86%	-9.45%	-3.74%	-15.49%	4.49%	57.28%	51.92%	101.73%	-59.26%	-37.21%	-29.51%	-19.74%	5.56%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$319.0K	-$358.0K	-$724.0K	-$866.0K	-$1.779M	-$2.171M	-$1.131M	-$462.0K	-$293.0K	-$84.00K	-$93.00K	-$100.0K	-$100.0K	$0.00	$0.00	$0.00	$100.0K	$100.0K	$0.00
YoY Change	-189.11%	-50.55%	-16.4%	-51.32%	-18.06%	91.95%	144.81%	57.68%	248.81%	-9.68%	-7.0%	0.0%				-100.0%	0.0%
% of Operating Profit		-2.93%	-4.92%	-6.46%	-10.47%	-18.68%	-27.71%	-10.25%	-6.26%	-1.52%	-1.75%	-2.97%	-4.51%	0.0%	0.0%	0.0%	1.64%	1.32%	0.0%
Other Income/Expense, Net	$244.0K	$650.0K	-$49.00K	$96.00K	$11.00K	-$40.00K	-$2.000K	-$25.00K	$36.00K	$52.00K	$16.00K	$36.00K	-$31.00K				$0.00	$0.00	$0.00
YoY Change	-62.46%	-1426.53%	-151.04%	772.73%	-127.5%	1900.0%	-92.0%	-169.44%	-30.77%	225.0%	-55.56%	-216.13%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$9.031M	$12.49M	$16.89M	$12.63M	$15.22M	$9.414M	$2.948M	$4.020M	$4.425M	$5.508M	$5.225M	$3.339M	$2.150M	$1.000M	$2.300M	$4.200M	$6.100M	$7.600M	$7.200M
YoY Change	-172.3%	-26.03%	33.67%	-16.99%	61.66%	219.34%	-26.67%	-9.15%	-19.66%	5.42%	56.48%	55.3%	115.0%	-56.52%	-45.24%	-31.15%	-19.74%	5.56%
Income Tax	-$1.893M	$3.779M	$4.665M	$2.772M	$4.074M	$2.723M	$1.322M	$1.500M	$1.672M	$2.085M	$1.956M	$1.281M	$795.0K	$400.0K	$900.0K	$600.0K	$700.0K	$700.0K	$1.400M
% Of Pretax Income		30.25%	27.63%	21.94%	26.77%	28.93%	44.84%	37.31%	37.79%	37.85%	37.44%	38.36%	36.98%	40.0%	39.13%	14.29%	11.48%	9.21%	19.44%
Net Earnings	-$7.138M	$8.712M	$12.22M	$9.861M	$11.15M	$6.691M	$1.626M	$2.520M	$2.753M	$3.423M	$3.805M	$2.139M	$1.113M	$700.0K	$1.400M	$3.500M	$5.400M	$6.900M	$5.800M
YoY Change	-181.93%	-28.71%	23.93%	-11.52%	66.57%	311.5%	-35.48%	-8.46%	-19.57%	-10.04%	77.89%	92.18%	59.0%	-50.0%	-60.0%	-35.19%	-21.74%	18.97%
Net Earnings / Revenue	-3.55%	3.6%	5.5%	5.08%	5.76%	3.78%	1.1%	1.91%	2.23%	3.02%	3.56%	2.36%	1.38%	0.97%	1.97%	3.62%	5.16%	6.19%	5.42%
Basic Earnings Per Share	-$0.61	$0.75	$1.07	$0.87	$1.01	$0.61	$0.16	$0.29	$0.63	$0.79	$0.91	$0.53	$0.24
Diluted Earnings Per Share	-$0.61	$0.72	$1.018M	$0.83	$0.99	$0.60	$0.16	$0.28	$0.62	$0.77	$0.88	$0.51	$0.24	$74.47K	$150.5K	$388.9K	$600.0K	$766.7K	$644.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$21.15M	$7.057M	$6.622M	$7.677M	$2.981M	$1.294M	$2.478M	$829.0K	$848.0K	$2.570M	$420.0K	$660.0K	$5.760M	$6.330M	$7.110M	$4.360M	$1.520M	$5.380M
YoY Change	199.66%	6.57%	-13.74%	157.53%	130.37%	-47.78%	198.91%	-2.24%	-67.0%	511.9%	-36.36%	-88.54%	-9.0%	-10.97%	63.07%	186.84%	-71.75%
Cash & Equivalents	$21.15M	$7.057M	$6.622M	$7.677M	$2.981M	$1.294M	$2.478M	$829.0K	$848.0K	$2.570M	$420.0K	$660.0K	$5.760M	$6.330M	$7.110M	$4.360M	$1.520M	$5.380M
Short-Term Investments
Other Short-Term Assets	$5.501M	$3.795M	$3.890M	$1.346M	$1.597M	$1.321M	$1.533M	$753.0K	$804.0K	$1.050M	$970.0K	$940.0K	$1.230M	$1.580M	$710.0K	$630.0K	$480.0K	$1.180M
YoY Change	44.95%	-2.44%	189.0%	-15.72%	20.89%	-13.83%	103.59%	-6.34%	-23.43%	8.25%	3.19%	-23.58%	-22.15%	122.54%	12.7%	31.25%	-59.32%
Inventory
Prepaid Expenses
Receivables	$29.82M	$42.32M	$43.39M	$32.13M	$32.35M	$38.08M	$30.66M	$21.10M	$19.19M	$15.23M	$15.01M	$13.79M	$11.93M	$9.720M	$7.230M	$9.240M	$11.44M	$13.35M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$56.46M	$53.17M	$53.91M	$41.16M	$36.93M	$40.70M	$34.67M	$22.68M	$20.84M	$18.84M	$16.40M	$15.39M	$18.90M	$17.63M	$15.06M	$14.23M	$13.45M	$19.91M
YoY Change	6.19%	-1.36%	30.97%	11.45%	-9.25%	17.37%	52.85%	8.84%	10.63%	14.88%	6.56%	-18.57%	7.2%	17.07%	5.83%	5.8%	-32.45%
Property, Plant & Equipment	$7.019M	$6.551M	$7.932M	$5.257M	$7.093M	$2.208M	$1.899M	$558.0K	$656.0K	$700.0K	$170.0K	$250.0K	$270.0K	$190.0K	$160.0K	$240.0K	$430.0K	$620.0K
YoY Change	7.14%	-17.41%	50.88%	-25.88%	221.24%	16.27%	240.32%	-14.94%	-6.29%	311.76%	-32.0%	-7.41%	42.11%	18.75%	-33.33%	-44.19%	-30.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments													$0.00	$10.00K	$10.00K	$40.00K	$60.00K	$0.00
YoY Change													-100.0%	0.0%	-75.0%	-33.33%
Other Assets	$1.534M	$871.0K	$595.0K	$1.192M	$405.0K	$837.0K	$723.0K	$424.0K	$426.0K	$500.0K	$480.0K	$350.0K	$150.0K	$80.00K	$90.00K	$190.0K	$330.0K	$130.0K
YoY Change	76.12%	46.39%	-50.08%	194.32%	-51.61%	15.77%	70.52%	-0.47%	-14.8%	4.17%	37.14%	133.33%	87.5%	-11.11%	-52.63%	-42.42%	153.85%
Total Long-Term Assets	$48.76M	$55.71M	$59.80M	$60.89M	$53.65M	$51.89M	$63.93M	$16.72M	$17.64M	$1.200M	$650.0K	$1.030M	$890.0K	$770.0K	$250.0K	$470.0K	$820.0K	$750.0K
YoY Change	-12.46%	-6.84%	-1.79%	13.48%	3.4%	-18.84%	282.32%	-5.18%	1369.58%	84.62%	-36.89%	15.73%	15.58%	208.0%	-46.81%	-42.68%	9.33%
Total Assets	$105.2M	$108.9M	$113.7M	$102.0M	$90.58M	$92.58M	$98.60M	$39.41M	$38.48M	$20.04M	$17.05M	$16.42M	$19.79M	$18.40M	$15.31M	$14.70M	$14.27M	$20.66M
YoY Change
Accounts Payable	$4.659M	$4.475M	$4.954M	$2.589M	$4.027M	$4.127M	$5.028M	$1.963M	$2.213M	$1.510M	$2.030M	$1.980M	$2.310M	$2.700M	$1.650M	$2.450M	$2.870M	$2.440M
YoY Change	4.11%	-9.67%	91.35%	-35.71%	-2.42%	-17.92%	156.14%	-11.3%	46.56%	-25.62%	2.53%	-14.29%	-14.44%	63.64%	-32.65%	-14.63%	17.62%
Accrued Expenses	$15.21M	$13.78M	$16.95M	$14.50M	$10.25M	$8.946M	$10.65M	$8.298M	$6.568M	$5.540M	$5.510M	$4.770M	$4.330M	$3.210M	$2.400M	$2.640M	$3.520M	$6.560M
YoY Change	10.43%	-18.71%	16.84%	41.47%	14.6%	-15.98%	28.32%	26.34%	18.56%	0.54%	15.51%	10.16%	34.89%	33.75%	-9.09%	-25.0%	-46.34%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$4.575M	$4.003M	$1.800M	$1.800M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change					-100.0%	14.29%	122.39%	0.0%
Long-Term Debt Due	$0.00	$1.100M	$4.400M	$4.400M	$4.575M					$0.00	$10.00K	$2.610M
YoY Change	-100.0%	-75.0%	0.0%	-3.83%						-100.0%	-99.62%
Total Short-Term Liabilities	$19.87M	$19.56M	$26.84M	$21.97M	$19.09M	$17.91M	$20.11M	$12.26M	$11.94M	$7.180M	$7.590M	$9.530M	$6.740M	$6.050M	$4.060M	$5.290M	$6.430M	$9.030M
YoY Change	1.61%	-27.15%	22.18%	15.09%	6.62%	-10.96%	64.06%	2.69%	66.24%	-5.4%	-20.36%	41.39%	11.4%	49.01%	-23.25%	-17.73%	-28.79%
Long-Term Debt	$0.00	$0.00	$8.334M	$12.88M	$20.68M	$34.13M	$34.15M	$8.077M	$10.74M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%	-35.27%	-37.75%	-39.4%	-0.06%	322.79%	-24.78%
Other Long-Term Liabilities	$3.912M	$2.399M	$3.831M	$7.667M	$3.506M	$6.273M	$17.19M
YoY Change	63.07%	-37.38%	-50.03%	118.68%	-44.11%	-63.51%
Total Long-Term Liabilities	$3.912M	$2.399M	$12.17M	$20.54M	$24.19M	$40.40M	$51.34M	$8.077M	$10.74M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	63.07%	-80.28%	-40.78%	-15.07%	-40.13%	-21.31%	535.66%	-24.78%
Total Liabilities	$23.78M	$22.88M	$39.27M	$42.51M	$44.30M	$58.31M	$71.45M	$20.33M	$22.67M	$7.180M	$7.590M	$9.530M	$6.740M	$6.050M	$4.060M	$5.290M	$6.430M	$9.030M
YoY Change	3.96%	-41.75%	-7.62%	-4.04%	-24.02%	-18.39%	251.39%	-10.32%	215.79%	-5.4%	-20.36%	41.39%	11.4%	49.01%	-23.25%	-17.73%	-28.79%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	11.61M	11.59M	11.44M	11.29M	11.03M	10.95M	9.924M	8.786M shares	4.338M shares	4.320M shares	4.193M shares	4.075M shares	4.566M shares
Diluted Shares Outstanding	11.61M	12.08M	12.01M	11.95M	11.23M	11.16M	9.998M	8.964M shares	4.441M shares	4.459M shares	4.342M shares	4.201M shares	4.695M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $146.5 Million

About Mastech Digital Inc

Mastech Digital, Inc. engages in the provision of digital transformation information technology services. The company is headquartered in Moon Township, Pennsylvania and currently employs 1,397 full-time employees. The company went IPO on 2008-09-16. The firm offers data management and analytics solutions, digital learning, and IT staffing services with a digital first approach. The firm operates through two segments: Data and Analytics Services, and IT Staffing Services. Its Data and Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics and cloud services to customers globally. Each of these services can be delivered using on-site and offshore resources. Its IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital and mainstream technologies. Its digital technology services include data management and analytics, cloud, mobility, social and automation. Its digital transformation services also include staffing and project-based services around digital learning.

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